Power outages can happen for a variety of reasons, such as severe weather, human error and malfunctioning hardware. Businesses cannot afford to wait around for the power to be restored, and should instead reap the significant savings from uninterruptible power supply systems. Let's take a closer look at how organizations can save with UPS systems:
Unplanned downtime leads to loss of revenue and productivity, not to mention the significant costs necessary to resume operations and recover any critical files. For data centers, where continuous uptime is expected, the average cost of an outage skyrocketed to $740,357 in 2016, according to a report by Ponemon Institute and Emerson Network Power. Organizations cannot become complacent in the face of downtime. According to a 2015 IHS study, North American companies lost a total of $700 billion a year due to outages. It's clear that businesses must do more to protect themselves from these situations and minimize the damage.
Organizations must take proactive steps to ensure that their power continues to flow even in the event of an outage. UPS systems are a major asset for seamlessly providing electricity for a certain amount of time. MakeUseOf suggested calculating the energy usage of your equipment and getting a UPS with a battery capacity that's slightly above these estimations. By having enough battery life to save your work and shut down your hardware safely, you can prevent data loss and minimize costs. Organizations should consider how long they need to work after an outage and how devices will impact available runtime.
"UPS systems save a considerable amount of money by avoiding downtime and minimizing lost revenue opportunities."
Although UPS solutions aren't typically used until called upon, they can waste energy when they're in action. As a result, the U.S. Department of Energy proposed new standards in 2016 for UPS systems to reduce energy waste and pollution. The regulations would save more than 87 billion kilowatt-hours of power over the next 30 years, amounting to up to $3 billion in electric bill savings, The National Resources Defense Council reported. To put this in perspective, the power saved by this standard could eliminate the annual pollution of 10.3 million cars and power 7 million U.S. homes for a year.
There are a number of other ways that UPS systems can save on costs. UPS solutions come in a space-saving form, eliminating the need to completely rework floor space or invest in housing racks. Downtime can have major reputational costs for an organization, but UPS ensures that continual service is provided, mitigating these losses and maintaining customer relationships. Compliance costs can also be minimized with a UPS. With extended battery life, employees can save their work and protect critical business data, eliminating potential recovery costs.
UPS systems enable organizations to save a considerable amount of money by avoiding downtime and minimizing lost revenue opportunities. UPS offers additional benefits in the forms of reputation management and compliance adherence, avoiding the potential costs from these areas. Organizations should look into what possible savings UPS systems can offer their setup. Contact ECS to see how UPS can power your business.