Catchpoint introduces new capabilities that make the Internet better. Our Fall 2023 Product Launch event showcased Catchpoint’s latest innovations to accelerate time to detection, improve automation capabilities, and further expand our Global Observability Network.
In an era where “cloud-native” has become synonymous with complexity and distribution, the world of application monitoring faces a profound challenge.
When outages cost you tens of thousands of dollars each minute, pinpointing the source of disruptions as quickly as possible becomes mission-critical. This is not a time for finger-pointing and hastily assembled war rooms searching for that needle in the haystack. You need simple, intelligent, trustworthy Internet health information to expedite your incident detection.
Almost every study examining the hourly cost of outages invariably leads to a clear and undeniable conclusion: outages are expensive. According to a 2016 study, the average cost of downtime was estimated at approximately $9,000 per minute. In a more recent study, 61% of respondents stated that outages cost them at least $100,000, with 32% indicating costs of at least $500,000 and 21% reporting expenses of at least $1 million per hour of downtime.
