The financial fallout of getting IT change wrong
The tale of financial damage from IT change going wrong has existed as long as business computers and their networks have. But in today’s climate, it’s never been stronger or riskier.
IT infrastructure is larger and more complex, and while systems are more agile, change has to take place faster and is harder to oversee.
And the greatest financial risk comes from rushed change.
Director at Cloudhouse.
Research has revealed that the average cost of unplanned downtime is over $14,000 per minute, with this figure rising to nearly $24,000 for large enterprises.
Of course, these costs vary depending on factors like the sector and the company’s internal environment. But the root causes of unplanned downtime are all too familiar.
The reality is most outages and audit failures come from unmanaged change – this could be a routine system upgrade before a support period ends or a configuration issue that has...
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