Project Management Institute

IT, Heal Thyself

New Analysis Systems Can Help Organizations Reduce Tech-Related Downtime

IT is the lifeblood of many businesses, meaning even a little bit of downtime carries a high cost. In fact, 98 percent of organizations report that a single hour of IT downtime costs at least US$100,000, according to a 2019 survey by Information Technology Intelligence Consulting. For more than one-third of respondents, an hour of downtime costs US$1 million or more.
registered user content locked

Log in or join PMI to gain access

or Register

Advertisement

Advertisement

Related Content

  • PM Network

    From the Rubble member content locked

    By Thomas, Jennifer Puerto Rico's infrastructure woes began long ago. But a series of earthquakes this year coupled with hurricanes Irma and Maria in 2017—which racked upUS$139 billion in damage—exacerbated the U.S.…

  • PM Network

    Trading Transformed? member content locked

    Blockchain—the technology that made cryptocurrency mainstream—is now entering the U.S. stock market. In November, the U.S. Securities and Exchange Commission approved a pilot project to use…

  • PM Network

    High Risk member content locked

    When uncertainty and accelerated business cycles unite, risk proliferates. Graphical depiction showing how enterprises are poised to respond.

  • PM Network

    Protection Clause member content locked

    By Parsi, Novid As harbors of sensitive client information, law firms are ripe targets for hackers. According to PwC's 2019 global survey, 100 percent of the top-10 surveyed law firms experienced a cybersecurity…

  • PM Network

    Recovery Mode member content locked

    By Scott, Lindsay Project management recruitment specialist, Lindsay Scott, answers questions about failed projects, career advancement, and self-promotion.

Advertisement