The True Cost of Outages and Why Monitoring AI Dependencies is Crucial

In the digital age, where both businesses and consumers thrive on seamless connectivity and uninterrupted service, recent major outages have raised alarm bells. From ChatGPT outages to other tech giants facing unforeseen downtime, the financial repercussions of these outages can be staggering and extend beyond simple monetary loss. According to Dun & Bradstreet, 59% of Fortune 500 companies endure a minimum of 1.6 hours of downtime each week, with an average weekly cost ranging from $643,200 to $1,056,000.

Companies have also seen their reputations affected due to these costly moments. Beyond the immediate losses, there is a new concern: how can companies effectively protect themselves against the strong impact of future outages? Downtime, the period in which systems are inaccessible or not functioning optimally, severely disrupts user access to online services, halts employee productivity, and/or prevents customer interaction with a company. organization.

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