Blog | Orixcom | Colocation, Connectivity, Cybersecurity

Why invest in dedicated multi-cloud connectivity?

Written by Sandor Fulop | February 2023
Do you know how much a system outage or IT downtime could cost your business? According to Gartner, the average cost of an IT outage is $5,600 a minute. There are many factors involved in calculating the costs for each business but in a recent ITIC survey, 98% of organisations said a single hour of downtime costs over $100,000. You can probably make a rough guess for your own business and it’s likely to be serious money.