Operations | Monitoring | ITSM | DevOps | Cloud

The $600 billion wake-up call: New Splunk research reveals downtime is a systemic business crisis

600 billion annual impact: Aggregate downtime costs for the Global 2000 have soared 50% in two years. $15,000 per minute: The average cost of downtime for organisations, highlighting the immediate financial impact of service disruptions. 3.4% stock price drop: The average decline in shareholder value following a single downtime incident.

PagerDuty Appoints John DiLullo as Chief Executive Officer

Jennifer Tejada Transitions to Executive Chair of Board of Directors After Serving as CEO Since 2016. John DiLullo Brings Deep Enterprise, Product and Go-to-Market Leadership Experience to Lead Next Phase of Growth. Company Reaffirms First Quarter and Full Fiscal Year 2027 Guidance.

Digitate Named a Leader in the IDC MarketScape: Worldwide AIOps 2026 Vendor Assessment

SANTA CLARA, Calif. - April 29, 2026 - Digitate, a global provider of agentic AI platforms that enable autonomous IT operations, today announced its recognition as a Leader in the IDC MarketScape: Worldwide AIOps 2026 Vendor Assessment (#US54116226, March 2026). The evaluation assessed vendors across the global AIOps market based on both current capabilities and forward-looking strategy.