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Most companies don't know how much downtime costs them and from their behaviour seem to treat it either as $0/hr or $infinite/hr. To be fair, it's difficult to
by WJW 6y ago
Most companies don't know how much downtime costs them and from their behaviour seem to treat it either as $0/hr or $infinite/hr. To be fair, it's difficult to estimate correctly. Apart from the direct loss of income there is also reputation loss, possibly reduced signups and increased churn, etc. It's not at all constant either, one outage per 10 years will give you a radically different reputation than one outage per week.
- Ntrails 6y agoIt's also working out which outages matter the most. A 10 day outage is not equivalent to 10 1 day outages, the latter has a multitude of important reputational risks - but the former is quite possibly enough to end the business completely.