According to a study by the Information Technology Industry Council, the average cost of a single hour of downtime exceeds $100,000, and 81 percent of those surveyed say 60 minutes of downtime can cost more than $300,000. Thirty-three percent of those surveyed estimate that an hour of downtime costs between $1 million and $5 million. Gartner analysts agree, estimating that the cost of network downtime averages $5,600 per minute, or about $300,000 per hour. Others place the cost of downtime at $140,000 per hour, but however you choose to measure it, the losses are substantial.
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