It doesn’t matter how operational sound you already are, finding new ways to cut costs and increase revenue is music to a business leader’s ears. For any company that relies on its IT infrastructure to carry out its core functions, network monitoring can provide a viable way of boosting the ROI of its IT investments. In addition, with more and more businesses utilising virtualised or hybrid cloud resources, network monitoring has begun to take on even greater significance. Far from simply giving IT teams more visibility and control, network monitoring can make a genuine difference to an organisation’s financial wellbeing.

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To understand how ‘network monitoring’ can help benefit your company’s finances, it is first important to understand exactly what is meant by the term. Network monitoring refers to a system that monitors and analyses all of the individual components within a network, notifying administrators when a device fails or performance levels are dropping. Often this involves the use of software tools that check the activity and health of a business network 24 hours a day, seven days a week.

As with any other IT solution, network monitoring systems are constantly evolving, which means that businesses must also constantly reassess whether they have the right tools in place. By taking a proactive and thorough approach when assessing your network monitoring systems, businesses can quickly evaluate where their existing tools are underperforming and whether an alternative solution will provide better return on investment (ROI). Understanding the wealth of network monitoring options available to your businesses can also see your IT team gain greater control and visibility over the network, as well as providing financial benefits.

Understanding the wealth of network monitoring options available to your businesses can also see your IT team gain greater control and visibility

Evaluating ROI for your network monitoring tools

When assessing the financial performance of your network monitoring tools, one of the first elements to consider is how it helps you to control costs. An effective monitoring solution must be able to operate across departmental silos in order to deliver a holistic understanding of whether your network is hindering productivity and affecting your bottom line.

The ability to identify complex network challenges and notify managers if any components are not functioning correctly is crucial, and many businesses are finding that the addition of integrated enterprise solution tools is delivering greater insights. Downtime can be greatly reduced, limiting the cost of “dead time,” as well as longer-term strategic costs, such as reputational damage. Having early warning systems in place as part of your network monitoring solution can also help to reduce costs by enabling businesses to plan for system expansions or repair before downtime occurs.

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In addition to cost reduction, network monitoring can also boost revenue generation. Enterprises can gain a more secure handle on their resources and how they are allocated as a result of the visibility provided by network monitoring. For example, your sysadmins can identify potential problems before they occur so instead of fighting fires, they have a clear idea of how their IT budget and staff time is being allocated. This in turn gives business leaders a clear insight into how available resources can be better allocated to other business processes that provide the company with added value.

Many businesses are already realising the potential benefits to be realised by employing effective network monitoring tools. Organisations can achieve reduced levels of downtime, greater performance and enhanced asset utilisation, as well as better visibility and control across the company’s entire network infrastructure. Taken together, all of these benefits also deliver fantastic tangible efficiency gains, by ensuring that enterprises and large public sector entities not only reduce their costs but also boost their revenue generation.

Organisations can achieve reduced levels of downtime, greater performance and enhanced asset utilisation

Xangati have network solutions available for both virtualised and hybrid cloud environments that provide IT administrators with the real-time data they need to take the guesswork out of network monitoring. With end-to-end visibility, Xangati ensures that businesses are no longer left in the dark about their network performance.