IT downtime cuts enterprise profit by 9%, says study
CIO
JUNE 11, 2024
They counted any service degradation or unavailability of critical business systems due to cyberattacks as well as technical and operational failures as downtime. Almost a quarter of the estimated cost of downtime — $49 million of the estimated $200 million average for Global 2000 companies — was due to lost revenue, the study found.
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