The Business Cost of Downtime and How AIOps Enables Faster Fixes
IT downtime is no doubt a costly business. As soon as service starts to degrade, companies start to lose money. Studies by Gartner and IBM show that the average cost of unplanned downtime to enterprises ranges between a staggering $5,600 and $9,000 per minute. For ecommerce businesses, like Amazon, the stakes are even higher, potentially resulting in a loss of up to $220,000 for every minute of downtime.
