IT downtime cuts enterprise profit by 9%, says study
CIO
JUNE 11, 2024
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.
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