IT outages cost businesses $76M annually

This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief:  Every minute an IT outage causes an operational shutdown costs businesses a median of $33,333, according to a study published Wednesday by New Relic, makers of a tech stack observability platform. New Relic, which polled 1,700 IT and engineering executives, said outages cost businesses a median of $76 million annually.  IT downtime not only costs businesses mo ...