IT operations move fast. If you’re an ITOps leader, you need to be moving just as fast to make sure your team has what it needs. Positioning your team for success isn’t easy: complexity in IT is increasing every year and can reach a point where it exceeds a person’s capacity to keep pace. In the face of massive growth, ITOps teams can face major challenges with productivity, burnout and efficiency.

If you’re in IT, no doubt you’ve heard the age-old statistic that an average minute of downtime costs $5,600. It turns out that information is a bit outdated and does not reflect the real and nuanced costs of a modern IT outage. BigPanda suspected this and wanted to uncover the true numbers behind outage costs so ITOps can have a better understanding of costs, causes and “cures” of an IT outage.