Costly Crashes: Global Giants Lose Billions to IT Downtime, Splunk Study Reveals

Avoid a $400 billion oopsie! Splunk’s new report tickles the funny bone of finance with a not-so-funny fact: IT downtime costs Global 2,000 companies a comedic 9% of profits. Laugh it off or lock it down? Your call. #ITDowntimeCosts

Hot Take:

Is downtime the new prime time for hemorrhaging cash? If you're one of the globe-trotting, jet-setting Global 2,000 companies, apparently so! Splunk's pointing fingers at IT outages with the kind of bill that makes even billionaires do a double-take. And with the average Joe being the first to shout "It's down!" before the techies, it might be time to rethink those IT strategies before your profits decide to take an unscheduled vacation.

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