Data Center Outages Result in Shocking Expenses
The average cost of data center outages has increased by tens of thousands of dollars in recent years, according to recent research published by the Ponemon Institute and Emerson Network Power. The accompanying report, "2016 Cost of Data Center Outages," reveals that unplanned outages usually last longer than a typical two-hour movie and cost organizations thousands of dollars for every minute of downtime. An uninterruptible power supply (UPS) system failure and, of course, hackers account for most of these incidents, causing business disruption, lost revenue and a slowdown in productivity. With continued growth in cloud computing and the Internet of things (IoT)—which is expected to grow to a $1.7 trillion market by 2020, up from about $656 billion in 2014—the data center will continue to be crucial in leveraging business-benefiting opportunities. So IT departments are under pressure to reduce these outages. "As organizations … invest millions in data center development, they are exploring new approaches to data center design and management to both increase agility and reduce the cost of downtime," according to the report. "However, as this study shows, costs continue to rise, and the causes of data center downtime are very similar today to what they were six years ago." The research is based on a poll of representatives of U.S. data center organizations.