New industry research from Emerson Network Power finds that businesses lose an average of about $5,000 per minute in an outage.
Data center managers and CTOs already know that system downtime can be very expensive for an enterprise, but it’s possible they may not know the real extent of that expense when servers, networking and storage suffer a major outage.
New industry research from Emerson Network Power released this week at the Uptime Institute Symposium in Santa Clara, Calif., reported that businesses lose an average of about $5,000 per minute in an outage. At that rate, $300,000 per hour is not something to dismiss lightly.
The report, entitled “Understanding the Cost of Data Center Downtime: An Analysis of the Financial Impact of Infrastructure Vulnerability,” was based on a recent Ponemon Institute study, “Calculating the Cost of Data Center Outages.” The research analyzed costs at 41 data centers in varying industry segments; the data centers studied were a minimum of 2,500 square feet, so as to identify the true bottom-line costs of data center downtime.