Outages and system failures in IT are common occurrences when regular maintenance is not carried out. When that happens, the company affected will experience downtime, which can be very expensive. Gartner, a technology research firm pegged the hourly cost of downtime at a conservative estimate of $42,000. On average, a company experiences a downtime of 175 hours a year. A company that experiences a downtime longer than that can incur losses of more than $7 million annually.
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