This is a follow-up to last weeks post on network downtime as several have asked “What is the cost of network downtime?” Based on industry surveys, the number we typically cite is $5,600 p/minute, which extrapolates to well over $300K p/hour (see Ensure Cost Balances Out With Risk in High-Availability Data Centers by Dave Cappuccio).
However, this is just an average and there is a large degree of variance, based on the characteristics of your business and environment (i.e., your vertical, risk tolerance etc). For example, this Avaya study indicates the range is from $140K to $540K p/hour. That said, why rely on averages when you can calculate the outage cost as it specifically relates to your organization? Check out this research for that:
Toolkit: Downtime Cost Calculator for Data Center Disaster Recovery Planning (Robert Naegle)
Summary: I&O leaders should understand the potential cost impact of their regional disaster profiles to better evaluate DRM programs and disaster recovery spending.
Q&A: How Much Does an Hour of Downtime Cost? (Bill Malik)
Summary: Companies that understand how to estimate the cost of an outage, in the for-profit and the not-for-profit domains, can better plan their disaster recovery investments.
Read Complimentary Relevant Research
Leadership Vision for 2018: Infrastructure & Operations Leaders
I&O are key enablers for digital business. I&O leaders are accountable for delivering agility and innovation to their primary consumers...
View Relevant Webinars
The Top 10 Mobile Technologies
As an I&O leader it is important to stay apprised of the trends in mobile technology. You need to understand which technologies can...
Comments or opinions expressed on this blog are those of the individual contributors only, and do not necessarily represent the views of Gartner, Inc. or its management. Readers may copy and redistribute blog postings on other blogs, or otherwise for private, non-commercial or journalistic purposes, with attribution to Gartner. This content may not be used for any other purposes in any other formats or media. The content on this blog is provided on an "as-is" basis. Gartner shall not be liable for any damages whatsoever arising out of the content or use of this blog.