Average European firm loses £3 million per year from critical IT events
"The average European organisation loses more than £3 million pounds every year from 36 critical IT events, according to a new study.
A critical IT event occurs when a business application or infrastructure is down or has a malfunction. This results in a business process being halted, or users left unable to reasonably carry out tasks and transactions.
The study, commissioned by Splunk and conducted by analyst firm Quocirca, found that each critical IT events costs on average £88,488 – and the average European organisations suffers three per month.
‘As IT complexity grows, critical IT events are inevitable in all organisations,’ said Bob Tarzey, analyst, Quocirca, which has tracked IT management concerns since 2013. ‘The sooner critical IT events are dealt with and lessons learnt, the sooner IT staff can stop firefighting and return to delivering value.’”
• Microsoft enterprise cloud and software pricing to increase in January
• Gartner's 10 tech predictions that will change IT
• Average European firm loses £3 million per year from critical IT events
• IT teams are being pushed to the sidelines
• Industry reaction: UK cyber security strategy
• Just how 'pro' are the new MacBook Pro and Surface Studio? Not very...
• IT spending on ‘innovation’ is now a priority
• Twitter users warned of phishing scam hiding in plain sight as Promoted Tweet
• ICO prepares for post-Brexit GDPR
• And finally…Tech nightmares haunting IT pros this Halloween