If you’re in IT operations or manage NOC, SRE, and DevOps teams, chances are your IT environment is growing complex for you and your teams to manage. Any enterprise, large or small, around the globe, is continuously changing its IT stack due to evolving business requirements and significant industry trends. But digital transformation, hybrid infrastructure, DevOps adoption, and continuous integration and continuous delivery (CI/CD) pipelines are all causing major headaches.

The average cost of an IT outage is $12,900—per minute. And when it comes to a “significant outage,” organizations reported the average overall cost was a whopping $1,477,800. On the latest podcast episode of That’s great IT, I spoke with Scott Lee, AVP for infrastructure and ITOps at Arch Mortgage Insurance Company, part of Arch Capital Group, about how organizations can best navigate IT outages.

Root cause analysis (RCA) is a systematic approach to defining symptoms, identifying contributing factors, and repairing faults when problems arise. The process can be applied to virtually any problem in any industry, from NASA’s Apollo 13 mission to everyday tech problems that happen within modern IT departments.

I see it daily in my role, IT organizations are paying for best-of-breed monitoring tools but struggle to tie the pieces together between these siloed systems. The wound of these silos is further punctured when incidents arise. Incidents are costly for so many reasons, like wasted company resources, potential revenue loss, customer satisfaction, employee burnout, etc. This is exactly why BigPanda exists, to apply AI to the complex problems IT operations, NOC, SRE, and DevOps teams face daily.