We’ve posted a bit about the ambiguity around MTTR before, but we want to get deeper into the confusion and maybe false sense of security our reliance on MTTR causes, from both a qualitative and quantitative standpoint.
Throughout 2023, one thing has become abundantly clear: regardless of an organization’s size or industry, incidents are inevitable. Recently across the APAC region, we’ve seen numerous regulatory bodies clamp down on large companies who are failing to provide acceptable service, with some handing out quite severe penalties. For many, the cost of an incident is no longer just lost revenue and customer trust, but financial penalties and business restrictions.
In a world where organizations of all industries increasingly rely on digital innovation and experiences to create differentiation in the market, it has never been more critical to ensure the integrity of their operations are safeguarded against unforeseen outages and incidents. Operational disruptions today can have a major impact on brand reputation, create negative revenue implications and impact customer loyalty.
For modern enterprises aiming to innovate faster, gain efficiency, and mitigate the risk of failure, operational resilience has become a key competitive differentiator. But growing complexity, noisy systems, and siloed infrastructure have created fragility in today’s IT operations, making the task of building resilient operations increasingly challenging.
