ITIC Reports & Survey Results

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ITIC 2024 Hourly Cost of Downtime Part 2

There’s No Right Time for Downtime                                                        ITIC’s 11th annual Hourly Cost of Downtime Survey data indicates that 97% of large enterprises with more than 1000 employees say that on average, a single hour of downtime per year costs their company over $100,000. Even more significantly: four in 10 enterprises - 41% - indicate that hourly downtime costs their firms $1 million to over $5 million (See Exhibit 1). It’s important to note that these statistics represent the “average” hourly ...

ITIC 2024 Hourly Cost of Downtime Report Part 1

Cost of Hourly Downtime Exceeds $300,000 for 90% of Firms; 41% of Enterprises Say Hourly Downtime Costs $1 Million to Over $5 Million ITIC Position In the 21st century Digital Age of “always on” IoT interconnected systems, AI, analytics and cloud computing, organizations have zero tolerance for downtime. This is true for all organizations – from micro SMBs with 1 to 20 users to Fortune 100 global multinational enterprises with 100,000+ workers. Outages of even a few minutes duration cause ...

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ITIC 2024 Hourly Cost of Downtime Part 2

There’s No Right Time for Downtime                                                        ITIC’s 11th annual Hourly Cost of Downtime Survey data indicates that 97% of large enterprises with more than 1000 employees say that on average, a single hour of downtime per year costs their company over $100,000. Even more significantly: four in 10 enterprises - 41% - indicate that hourly downtime costs their firms $1 million to over $5 million (See Exhibit 1). It’s important to note that these statistics represent the “average” hourly ...

ITIC 2024 Hourly Cost of Downtime Report Part 1

Cost of Hourly Downtime Exceeds $300,000 for 90% of Firms; 41% of Enterprises Say Hourly Downtime Costs $1 Million to Over $5 Million ITIC Position In the 21st century Digital Age of “always on” IoT interconnected systems, AI, analytics and cloud computing, organizations have zero tolerance for downtime. This is true for all organizations – from micro SMBs with 1 to 20 users to Fortune 100 global multinational enterprises with 100,000+ workers. Outages of even a few minutes duration cause ...
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ITIC 2024 Sexual Harassment, Gender Bias & Equal Pay Survey

This survey polls professional women (including students and interns) in Science, Technology, Engineering, and Math (STEM) disciplines on their real-world experiences dealing with the very serious issues of Sexual Harassment, Gender Bias, and Equal Pay in the workplace and how they deal with them.   Take the survey here: https://www.surveymonkey.com/r/VWXRC97   Leave a comment along with your email address for a chance to win one of three (3) $100 Amazon gift cards. All responses are confidential.    
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