The Impact of Power Outages on Businesses
Our lives have become tightly intertwined with the technologies and devices we use. Businesses rely on numerous systems like smart lighting, IT infrastructure, point-of-sale terminals, and automated inventory tracking systems that all use electricity. If the power goes out, these systems stop working, and businesses are impacted in different ways. Decreased Revenue Due to Missed Transactions Most businesses now use various technological solutions for customer transactions, customer tracking, inventory control, and data collection during sales. These systems have made businesses more efficient and easier to manage. However, relying on them presents the risk of businesses being unable to sell to customers, collect revenues or collect customer data that is important for marketing. ...