article thumbnail

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 288
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Commercial companies to collaborate for DARPA’s new lunar economy study

TechCrunch

Department of Defense’s R&D arm, which has just selected 14 companies to participate in a new study to develop technological frameworks for a lunar future. That’s DARPA’s hunch, anyway. DARPA (Defense Advanced Research Projects Agency) is the U.S. The next decade […] © 2023 TechCrunch. All rights reserved. For personal use only.

Study 283
article thumbnail

Managing cloud costs: Study says do this and you’ll spend 5X less

CIO

A 2024 research study of 500 IT departments and cost management programs reveals the answer, and it all comes down to your approach. A different study indicates that 75% of companies wait at least 2-3 years to see real results from in-house programs. Can you guess what it is? How do service providers accelerate results?

Study 249
article thumbnail

How to Choose the Right Business Intelligence Vendor

Dresner Advisory Services has just unveiled their “2022 Business Intelligence Market Study,” an in-depth look at the business intelligence industry that ranks more than two dozen BI vendors in areas like product, service, support, and overall customer satisfaction. How does your current BI vendor stack up against the competition?

article thumbnail

A case study of getting out of the costs bottleneck

Martin Fowler

Sofia and Stefania begin their examination of how to get out of the bottleneck of surging cloud costs by relating a case study from a recent client - illustrating how the cost control can be separated into reduce and sustain phases.

article thumbnail

Oxford study says internet use doesn’t harm mental health, but its research has limits

TechCrunch

In one of the largest studies ever on mental health and internet use, the Oxford Internet Institute has declared that there is no “smoking gun” linking the internet with psychological harm.

Internet 204
article thumbnail

Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

article thumbnail

Success Story: Swiss Insurtech Company Hires a Remote CTO from Ukraine

As the case study describes, a Senior Software Engineer with Scrum Master duties was promoted to the role of CTO of a Swiss company while residing most of the time in Ukraine.

article thumbnail

5 Key Elements for Building a Successful Data-Driven Product

Real-world case studies from companies who license data to fuel industry-leading products. When selecting data providers, companies must ensure they’re tapping into comprehensive, high-quality streams of fresh information which can be easily integrated into their products in a privacy-compliant manner.

article thumbnail

Your Guide to Using Conversational Marketing to Drive Demand Generation

Studies show the return on investment (ROI) of conversational marketing helps your marketing team drive revenue. Whether it’s a business deal or a personal connection, they are a driving force to solidify a foundation of trust. According to Bold 360, “81 percent of B2B buyers have left a page because they didn’t want to fill out a form.”.

article thumbnail

From an Agency Serving Clients to Their Own Fintech Product

Download the case study to learn how this problem could be solved by involving an offshoring agency, which hires the right software engineers and works closely with the client on the engineer’s retention through the years.

article thumbnail

Best Practices for a Marketing Database Cleanse

Multiple industry studies confirm that regardless of industry, revenue, or company size, poor data quality is an epidemic for marketing teams. As frustrating as contact and account data management is, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information.

article thumbnail

Omnichannel is Multichannel 2.0

A unique case-study, complete with hard metrics and step-by-step process breakdown. Data Axle’s ultimate guide to omnichannel marketing explores how you can turn data into actionable insights to give buyers what they really want – personalized, relevant, timely messaging. Today’s consumers have evolved.

article thumbnail

How Banks Are Winning with AI and Automated Machine Learning

Case studies describing how organizations both large and small are leveraging automated machine learning. In this white paper, we cover: The landscape of common AI use cases -- across every line of business and function in a bank. How today’s banks can handle the data science talent shortage. Brought to you by Data Robot.