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IT downtime cuts enterprise profit by 9%, says study

CIO

Downtime cost large enterprises an average of $200 million annually, cutting 9% from yearly profits, according to a study commissioned by Splunk. For the study, titled “The Hidden Costs of Downtime,” Oxford Economics quizzed executives from Global 2000 companies about the causes and costs of downtime in IT systems.

Study 289
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IT downtime cuts enterprise profit by 9%, says study

CIO

Downtime cost large enterprises an average of $200 million annually, cutting 9% from yearly profits, according to a study commissioned by Splunk. For the study, titled “The Hidden Costs of Downtime,” Oxford Economics quizzed executives from Global 2000 companies about the causes and costs of downtime in IT systems.

Study 246
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Simple sabotage for software

Erik Bernhardsson

When possible, refer all matters to committees for “further study and consideration” Attempt to make committees as large as possible — never less than five. Technology When joining, require a 6-18 months rewrite of core systems. Encourage communal ownership of systems. What are some things you can do?

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3 steps to eliminate shadow AI

CIO

A product manager is under immense pressure to deliver complex customer insights that could pivot the company’s product strategy. In fact, over half the AI users in a recent study say they’re “reluctant to admit” using AI because of concerns that using it makes “them look replaceable.”

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8 data strategy mistakes to avoid

CIO

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. Here are some data strategy mistakes IT leaders would be wise to avoid.

Strategy 338
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5 IT risks CIOs should be paranoid about

CIO

Mounting technical debt from mission-critical systems CIOs have good reason to stress out over rising technical debt and the impact of supporting legacy systems past their end-of-life dates. Legacy hardware systems are a growing problem that necessitates prompt action,” says Bill Murphy, director of security and compliance at LeanTaaS.

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TDD: primitive obsession ( part 3 )

Apiumhub

Last month we talked about TDD example in software development ( part 1 ) and TDD first cycle ( part 2 ). In this new TDD and primitive obsession article, we will focus on removing duplication and reinforcing the constructors of our entities, something key to have a robust system. TDD: primitive obsession.