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Is The High Cost of Downtime Being a Frustrating Factor for Your Organization?

Imagine the terrible feeling you get when your entire network comes to a halt. Emails become stuck in-flight, critical programmes halt, and productivity suffers. Unexpected breakdowns in IT are the epidemic of any organization’s existence, causing lost income, dissatisfied staff, and a move to get things back online.

IT downtime costs an average of $5,600 every minute. According to a recent Gartner study, it can range from $140,000 per hour at the low end to $300,000 per hour on average and $540,000 per hour at the high end, depending on how corporations operate.

In today’s fast-paced digital environment, when uptime is crucial, these records highlight the critical need for a proactive approach to IT Asset Management (ITAM).

Let’s see what creates a wide scope for the rise of ITAM growing importance.

The Rise of the Intelligent ITAM

Traditionally, IT Asset Management (ITAM) systems relied on reactive approaches. In most cases, teams detect and solve issues after they have arisen, which results in resource loss and firefighting. Increasing IT complexity and the rising cost of downtime render this reactive approach unsustainable.

AI-driven ITAM solutions are transforming how organizations manage their IT infrastructure, enabling proactive maintenance and intelligent decision-making. That’s where Honcho Minds comes in with Ivanti Solutions, which are powered by AI for Asset management.

Ivanti: Supercharged by AI

HonchoMinds is at the leading edge of this paradigm change, which involves moving from reactive to proactive solutions. We have methodically integrated AI functions into our Ivanti ITAM solutions, allowing organizations to adopt a proactive approach to managing their IT assets. Here are the main features:

  • Predictive Maintenance: Imagine anticipating a device failure before it occurs. AI analyzes sensor data and usage patterns to anticipate probable hardware faults, allowing for proactive intervention and avoiding costly downtime. For example, AI can forecast hard drive failures, allowing the disc to be replaced before it crashes and ensuring business continuity.
  • Automated Workflows: The workflows feature have been simplified using AI-driven automation, which automates operations like software patching and user provisioning. Consider automatically installing security patches after business hours to minimize disturbance to user productivity.
  • Enhanced Security: The ever-changing danger landscape necessitates continuous monitoring. AI-powered threat detection serves as a diligent watchdog, detecting and neutralizing cyber threats in real time. Artificial intelligence detects unusual network activity or questionable login attempts, allowing for quick action to avoid security breaches.
  • Personalized User Experience: Artificial intelligence customizes the IT experience, giving users a sense of empowerment. AI can anticipate user needs and offer related knowledge base articles or troubleshooting steps, allowing users to fix issues on their own.

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