Breaking it down:
The true cost of IT downtime
When adding up the costs incurred during downtime or an IT incident, enterprises usually don’t take into account their indirect costs, even though these may reach into the millions of dollars.
Working with enterprises in the IT field has taught us that even the most sophisticated brands sometimes lack a deep understanding of the costs of an IT outage to their organizations. Although news reports of such outages are still extremely common, many managers hope for the best and fail to include contingency plans for such outages in their strategic planning.
By analyzing multiple real-life incidents, examining industry studies, and identifying relevant benchmarks, this guide identifies the direct and indirect costs that enterprises incur as a result of downtime.
This guide contains actionable advice and information that will enable you to assign a price to IT downtime. Thus, it will allow you to determine the value to your organization of an investment in resources designed to prevent and manage such incidents.
This guide contains the following:
- Descriptions of IT failures that have seriously harmed some of the world’s most valuable brands.
- The real cost of each minute or hour of downtime.
- Additional factors that can cause indirect, and so difficult-to-detect, damage that adds to the cost of downtime.
- Methods to estimate the true costs of downtime to your business.
- And much more!
DOWNLOAD this insightful guide now to learn the full financial impact (indirect as well as direct) of downtime and IT outages on your organization.