Security News > 2023 > October > High-business-impact outages are incredibly expensive

High-business-impact outages are incredibly expensive
2023-10-05 04:00

In this Help Net Security video, Peter Pezaris, Chief Strategy and Design Officer at New Relic, discusses observability adoption and how full-stack observability leads to better service-level metrics, such as fewer, shorter outages and lower outage costs.

32% of respondents to a recent New Relic survey said critical business app outages cost more than $500K per hour of downtime.

Respondents report a median annual outage cost of $7.75 million.

Those with full-stack observability experience a median outage cost 59% lower than those without full-stack observability.


News URL

https://www.helpnetsecurity.com/2023/10/05/observability-adoption-video/