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- $84,000 and $108,000 for every hour
Hello Kenichi (Ken),
“On average, businesses lose between $84,000 and $108,000 (US) for every hour or IT system downtime.”
Assessing the Financial Impact of Downtime, IT Director, April 26, 2010
When you consider that 59% of Fortune 500 companies experience a minimum of 1.6 hours of downtime per week, the costs associated with the above figures can be staggering.
Investing in cloud services is the biggest step you can take toward mitigating those costs, maintaining business continuity and managing change in an evolving business environment. Experts agree that an investment in cloud services is a bargain compared to the alternative:
“Spending on IT will have to happen even if the economy is weak. Otherwise, many companies won’t be able to stay in business because of failing data centers.”
IDC: Boom In Global IT Spending Forecast Despite Short-Term Economic Concerns, Silicon Valley Watcher, August 3, 2010.
What is wrong with this quote that I got from the local telephone, Internet company?
"businesses lose between $84,000 and $108,000 for every hour ..."
We don't and most companies do not even make $84,000 and $108,000 for every hour. If you think fortune 500 companies are the average companies ... this company need to learn about the reality.
99% of companies that we work with has less than 10 email accounts. Ad they make a lot less than $84,000 and $108,000 an hour. They pay average of about $22 per month and they uptime is better 99.9%. If your company is making less than $84,000 and $108,000 an hour but still like to get >99.9% availability, call us.
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