A single IT outage doesn’t just stall your systems, it stalls your sales, your service and your bottom line. For growing businesses, the cost of IT downtime can be significant and, in many cases, avoidable. According to Gartner, the average cost of IT downtime is £4,000 per minute. This figure encompasses direct revenue loss, operational disruption, remediation costs and long-term damage to customer trust. But why are so many SMBs (small and medium-sized businesses) still underprepared?
While the causes of downtime can vary, they typically stem from a handful of critical vulnerabilities. Unpatched software is a common culprit, leaving systems open to failures or cyber-attacks due to delayed or missed updates. Many businesses also rely on outdated infrastructure, using ageing hardware that lacks resilience or a proper failover strategy, making them especially prone to disruption.
A lack of visibility across the IT environment further slows response times, as organisations struggle to diagnose and isolate issues efficiently. Security gaps – often caused by misconfigurations or human error, provide attackers with easy entry points, turning minor oversights into major outages. Databarracks’ survey in 2023 reported that 24% of UK businesses suffer downtime as a result of cyber incidents.
It’s easy to underestimate the financial impact of a brief outage. But in fast-moving businesses, where every second counts, even minor disruptions can snowball into:
In 2024, Sainsbury’s faced an IT outage that halted home deliveries and contactless payments, affecting £9 million worth of orders due to a failed overnight software update. Similarly, Marks & Spencer experienced a significant cyber-attack that led to its website being shut down for several days. The attack disrupted online orders, impacting sales of clothing and homeware, which typically generate almost £3.8 million per day. Hundreds of workers at M&S’s main online distribution centre in Leicestershire were told to stay home as the company worked to resolve the ongoing issue. For independent retailers, the risks are even greater: just over a minute of IT downtime can cost a potentially crippling blow to both operations and customer trust.
Avoiding downtime requires a proactive, strategic approach to IT management rather than simply reacting when things go wrong. It starts with modern, resilient infrastructure that can scale with your business needs, while reducing the risk of failure through intelligent design.
Continuous monitoring and diagnostics play a crucial role, allowing businesses to detect and address potential issues before they escalate. Routine patching and preventive maintenance are essential for keeping systems secure and up to date. With clear incident management and service-level guarantees, disruptions can be swiftly resolved before they impact operations. Most importantly, having a trusted and reliable IT partner who understands your needs and can provide tailored, cost-effective IT solutions for growth is key.
Retail Assist, delivers tailored, cost-efficient IT services that keep operations running smoothly. With proactive support and monitoring, we’ve helped several businesses minimise risk, scale confidently and maintain high performance without incurring unnecessary overheads.
Downtime doesn’t just pause business, it puts growth at risk. For businesses already operating on tight margins, even a short disruption can lead to long-term damage. But with the right strategic IT services partner in place, it doesn’t have to be that way. From resilient infrastructure to proactive monitoring and support, the right partner can keep your systems running and your team focused on what matters most.
If you’re ready to focus on growth, not firefighting, let’s talk about how we can help you stay resilient and cost-efficient.
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