Enterprise level monitoring, consistent performance-data analysis, rapid corrective measures, and the use of latest technologies make your network super fit for the present day cut-throat competitive business ecosystem.
The business applications’ operational budget was recorded as 23% of the entire IT budgets of the global organizations, according to the computer-economics survey report 2015. It was about 4% higher than the last year’s figures. The white paper by Vision Solutions, Inc calculates that the annual loss of any one of the fortune 500 companies due to IT failures is more than $46 million, which includes both the tangible and intangible cost incurred on the company. According to this study, the brokerage firms in the USA sustain the most loss of over $6.48 million per hour due to network failures. The global annual impact due to IT failure was estimated over $3 trillion in 2011 by the ZDNET study. The network support staff of different companies ranges from 3.8% through 9.1% of the entire IT staff, as per survey conducted by Computer Economics Inc. Meanwhile, the Information Week study estimated the IT downtime cost for the USA companies in 2011; in that research, it was found that a staggering revenue of as much as $26.5 billion is lost annually.
Under the shadow of such flabbergasting network downtime figures, it is very critical for both the enterprises and the IT professionals to properly envisage the network management policy, and effectively implement of industry best practices to reduce the nasty revenue losses due to network down-times. In this article, we are going to figure out top 5 tips for the IT managers and technical professionals to manage their IT networks efficiently.
1. Proactive Network Monitoring
A study by Gartner Research suggests that market of application performance monitoring APM crossed $2.4 billion mark back in 2013. The improvement in the performance of the network is not possible until you closely monitor different processes, functions, and transactions of your IT networks. More than 63% of organizations believe that using automated performance monitoring tools are more productive than consolidating data through other sources, say TRAC Research Inc. The main components, which are vulnerable to contribute in the degradation of network performance include websites, web applications, mobile apps, servers, automated business processes, business transactions, hardware resources, user experience, raw data analysis and others. The TRAC Research, Inc report suggests, the performance visibility has decreased to as low as 61% in the public cloud environment as compared to 32% in the private cloud ecosystems. More than 61% companies reported a substantial decrease in the performance visibility and customer experience after adopting public clouds. TRAC also reveals, sizable organizations are relying on application performance monitoring (APM), Network Performance Monitoring (NPM), Web Performance Monitoring (WPM), and Wide Area Network (WAN) enhancement tools for increasing the user experience on their networks.
In the light of above mentioned research figures, it is very imperative to have a unified monitoring platform implemented on your network to create greater value, and increase the efficiency of your network. A unified web environment monitoring platform should have powerful network performance monitoring NPM, website performance monitoring WPM, and network performance monitoring features all in one single platform like SiteObservers enterprise level unified free monitoring service.
2. Regular Performance Review
The second important tip for IT managers and professionals is that they should review the performance parameter related data of their network components on a regular basis. Normally, a substantial performance related technical intelligence lies in that data. If properly analyzed, you can get deeper and more useful information about the causes/issues that are contributing to the performance degradation of your network. A proper analysis of those issues and causes would help you identify the future threats and risks that are in offing within your network elements NE. Once you catch up the root of the issues, you would be in a much better position to make strategies for the continual improvement in your network performance. Aberdeen Group’s research in 2012 suggested that every single second delay in the loading of your website causes an 11% reduction in overall page views, which cause more than 17% reduction in customer satisfaction, and subsequently a considerable reduction in conversion rate at about 7%. This can lead to multi-million revenue losses to the global industry. According to KissMetric information, any online platform that gets 400,000 unique visits per month – if the loading time of that platform increases by just one second, it will sustain more than $1.3 million of revenue in a month. The major network performance monitoring tool – known as Network Performance Monitoring and Diagnostics NPMD – has achieved a consistent success during the past few years, and its market value has crossed $1.9 billion mark in 2013.
You need to analyze multiple functions and factors such as data packet losses, network latency, security compromise, firewall settings, firewall capacity, capacity of network resources, loss of connectivity, and the variations in speed of the network. This is also very important to note that the performance of online services based on website or an application does not dependent only on the website performance, but also on many other factors that I mentioned above. So, to make sure that your network performs efficiently, you should conduct a deeper analysis of the performance, and then, devise effective strategies to remove the performance bottlenecks immediately.
3. Latest Technology Implementation
The technology is playing an instrumental role in today’s fiercely competitive marketplace under a huge impact of disruptive technologies globally. To achieve a competitive advantage, every entrepreneur is trying to use the best technologies available in the marketplace to reduce the operational cost, increase the performance, create customer value, and achieve the desired business bottom lines. New technologies reduce the need of staff, and make the jobs more technical and skill oriented; thus, obtaining better business results through cutting edge technologies are possible for the organizations. A few years back, hosting a website or running an automated business process across multiple geographical locations was confined to only large corporations, but with the advent of cloud computing technology, the entire business scenario changed, and all size businesses became able to use the cloud hosting services at very affordable rates. The internet of things became possible due to reduced computing/processing cost as well as the internet bandwidth cost. Latest technologies in application level firewall or the next generation firewall have changed the landscapes of web security without compromising on the performance of the web environments. Similarly, bring your own device concept BYOD would reduce the operations as well as capital cost of the organizations drastically in the near future. The BOYD and mobility market is going expand massively to cross $266.17 billion mark by 2019, estimated by many new researches. Meanwhile, new products such as software defined networks SDN, and latest communication technologies will change the landscape of the global business.
So, it is always a good idea to implement the latest technologies in the networks, for example, next generation firewalls, intelligent routers, fastest transmission networks, latest wireless technologies, and web development technologies to reduce the OPEX as well as CAPEX of the company, and increase the return on investment (ROI). Upgrading the existing technologies to newer versions, and the implementation of software patches is very imperative to keep with the pace of the changes in technology.
4. Redundant Configuration
The redundant configuration/installation of critical components – both the software and hardware – is very crucial to create a reliable network environment where the performance of network improves tremendously. The major areas where the redundant resources are required to be configured include core network, transmission links, routers, firewalls, data backups, database servers, and others. Though, the redundancy of the resources costs more, but its results are amazingly great for all kinds of businesses including small, medium and large companies. It is also an important to implement the latest software protocols/technologies that are self healing in case of any performance degradation. They are efficient enough to recover from the fault through redundant resources or other embedded mechanism.
5. Load balancing & Resource Scaling
The last but not the least is the resource scaling and load balancing. It is directly related to the close monitoring of network performance to identify the level of the use of resources; once the volume of resource use is known, the second step is either to balance the load or scale up the resources to remove the performance bottlenecks. Sometimes, it happens that the load is not properly distributed among the available resources, and subsequently, the performance degradation occurs badly. If the available resources are not sufficient, then an immediate action is required to scale up the required resources such as bandwidth, processor, disk space, RAM, number of servers, redundant links, and many other such network components. A proper implementation of resource scaling and load balancing would increase the efficiency of your network to the desired level easily.
One way or the other, all these crucial tips to manage network performance efficiently rely on the close monitoring of the networks. There are many unified monitoring services available in the marketplace that offer enterprise level network performance monitoring services for all components of a entire IT network. The SiteObservers is one among such enterprise-level unified network performance monitoring services in the marketplace. To know more about SiteObserver’s unified monitoring services, click here.