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.

Cloud Based Collaboration Needs a Hub

With its business-oriented tools, enterprise software has been on the scene many years and drives such operations as project management, network management services, IT service management, automated billing, online payment processing and many other programs. In most instances, a collection of computer programs provide common business applications for an entire organization. However, in 21st-century computer technology, cloud-based collaboration and interconnection for businesses of all kinds is becoming increasingly important. The digital workplace is mobile and requires fast, secure connections and cloud services that can be distributed among offices, employees and business partners located anywhere in the world.

Life in the Cloud and Beyond

In its simplest terms, cloud computing refers to Internet-based computing that provides users as large as mega-corporations and as small as home-based businesses with on-demand access to a shared pool of resources. These include document storage, networks, servers, applications and services. Advocates cite a number of advantages to cloud computing:

•    companies avoid upfront infrastructure costs
•    improved manageability for applications with less maintenance required
•    IT staff can adjust more rapidly to fluctuating business demands

High-capacity networks plus low-cost computers along with service-oriented architecture have led to the growth of cloud computing. However, customer requirements for high-performance network management and reliable, collaborative infrastructures are in demand. 

Out With the Old

New ways of working are constantly appearing on the computing landscape. Trends in collaboration are also evolving and reshaping tools and applications, making them into ecosystems that can be connected to one another. As a result, older network architectures are feeling the stress because their traditional infrastructures were not built to handle these increased levels of collaborative activity. 

Operating From the Hub

This growing need for collaboration among companies and organizations in today’s business world requires greater agility and coordination between networks. Enterprises and providers of cloud services are addressing this with Interconnection Oriented Architecture™, or IOA™. This allows users to securely connect locations, people, clouds and data.

The Benefits of Interconnectivity

Connecting through a virtual private cloud network  provides improved application performance and faster migrations. Swift, secure and cost-effective connections result in seamless collaboration and improved productivity. What was a VPN service provider years ago has now transformed into a network management service for his middle tier and enterprise clients. An IOA interconnects customers, partners and employees using their preferred channels, devices and services. IOA provides the enterprise customers of service providers secure access to clouds and network management services, plus more collaboration and productivity applications.

Direct interconnection allows people in businesses of all kinds to adapt quickly to change, react in real time, leverage their digital supply chains as well as peer-to-peer sharing, and create better value and new growth.