Global 2000 companies face $600 billion annual cost from unplanned downtime, Splunk study finds

Summary

A new Splunk study (in partnership with Oxford Economics) reveals that unplanned downtime for Global 2000 companies now costs $600 billion annually — a 50% increase in just two years. The report highlights that downtime has become a systemic business crisis with immediate, severe, and potentially long-lasting financial impacts. South African enterprises face additional pressure from regulatory and ransomware threats.

Source

bskyGlobal 2000 companies face $600 billion annual cost from unplanned downtime, Splunk study findsgadget.co.za