Does Network Monitoring Improve Cash Flow?

Network monitoring is how a business supervises single components in a network. It is used in most situations that includes hardware assets, sensitive databases, document management environments and cloud environments where remote workers can cause unwanted penetration into a secure network. Approached correctly, it can indeed improve the cash flow of your business. Inversely, it can also hurt the bottom line of your business if you use the wrong approach. Here is how to handle your network monitoring so that it enhances cash flow.

Being Aware of System Capabilities

The first step in gauging exactly the degree to which network monitoring can improve your cash flow is to be aware of what your current monitoring infrastructure can and cannot do. This awareness provides a baseline against which you can measure the return on investment you might get using other network monitoring approaches.

Using Network Monitoring to Make Money

Strong network monitoring by IT providers that use rules and systems are often predictive. This means that the systems enable administrators to minimize wasted time so that they and others can focus on productive endeavors. For example, a tool that is able to predict (accurately) when a network may be in heavy demand can sound an alert to help administrators prepare. Similarly, such a system could be told to automatically allocate or scale resources during times of heavy demand so that administrators do not need to do it themselves. The bottom line resulting from increased productivity means increased cash flow.

Improving Network Monitoring Capabilities

It is possible that your network monitoring of managed network services is improving your cash flow, but the improvements could be even greater than they currently are. For example, does the monitoring have cross-silo capabilities to enhance end-user experiences and to clarify how efficient the resource usage is? Also, does the network monitoring system you use allow for the integration of tools that go beyond manager of manager capabilities? You want a network monitoring system that sees the big picture in addition to the small details and individual components.

There is no doubt that network monitoring such as that provided by your IT managed services provider can have immediate impacts on employee and end-user productivity. It saves time, and often, stress and frustration. Indirectly, this increased efficiency contributes to the bottom line and to improved cash flow. The effect can be more direct too, because effective network monitoring keeps a hybrid-based or cloud-based business operating smoothly, for example, by anticipating possible problems and working proactively to solve them. No matter which way you look at it, managed network services have the potential to be a huge asset to your business.