System reliability is important for several reasons:
1. Customer Satisfaction: Reliable systems ensure that customers can access services and products without interruptions, leading to higher customer satisfaction and loyalty. 2. Operational Efficiency: Reliable systems reduce the likelihood of failures and downtime, which can disrupt business operations and lead to significant financial losses. 3. Cost Savings: Investing in system reliability can lead to long-term cost savings by reducing the need for frequent repairs, replacements, and emergency maintenance. 4. Compliance and Risk Management: Many industries are subject to regulations that require a certain level of system reliability. Meeting these standards helps in managing risks and avoiding legal penalties.