Downtime costs Australian businesses dearly

Mar 12, 2019

Application downtime costs Australian businesses an average of more than $762,000 per incident, according to new research. A survey of 1000 Australian IT professionals found that the average revenue loss during business-critical outages was $144,062.52 per hour for larger organisations. For smaller organisations (those with fewer than 20,000 employees), the figure was more than $2000 per hour. The average time to repair was 5.29 hours for large organisations, and six hours for the smaller companies. The survey was carried out by Wakefield Research for Cisco subsidiary AppDynamics, which has it...

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