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New report shows 20% of companies suffer loss due to risky business

30 June 2008

A new research report, Risk & Resilience: The Application Availability Gamble, released today by Neverfail has found that one in five organizations suffer financial loss or damage to their brands on a quarterly basis due to risky business and IT practices

In addition, the majority of respondents suffer business disruption from failures on an ongoing basis. The report also found that inadequate monitoring, planning for application availability only after an outage and the absence of basic measures such as automated failover capabilities were the primary causes of application failures.

Conducted by independent analyst firm Freeform Dynamics, the global survey sought input from more than 1,200 IT professionals.
www.freeformdynamics.com

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