Downtime Cost Analysis

Downtime Cost Analysis evaluates the financial impact when a business's equipment or systems are unavailable or not functioning properly. It considers factors like lost sales, idle labor, decreased productivity, and potential damage to reputation. By quantifying these costs, companies can identify how much a disruption costs them and prioritize investments in maintenance or upgrades to reduce downtime. This analysis helps organizations make informed decisions to minimize financial losses from system outages, ensuring smoother operations and better resource management.