[Report:] The true costs of modern IT outages
If you’re in IT, no doubt you’ve heard the age-old statistic that an average minute of downtime costs $5,600. It turns out that information is a bit outdated and does not reflect the real and nuanced costs of a modern IT outage. BigPanda suspected this and wanted to uncover the true numbers behind outage costs so ITOps can have a better understanding of costs, causes and “cures” of an IT outage.