IT downtime cuts enterprise profit by 9%, says study
CIO Business Intelligence
JUNE 11, 2024
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. The true financial impact and nature of downtime are hard to pin down,” said Gary Steele, general manager, Splunk in the report.
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