Critical business app outages cost $500,000 per hour of downtime

Observability’s adoption is on the rise and full-stack observability leads to better service-level metrics, such as fewer, shorter outages and lower outage costs, according to New Relic. Respondents receive a median $2 return per $1 of investment in observability, with 41% receiving more than $1 million total annual value. According to the research, organizations are using fewer observability tools than in 2022 and are beginning to adopt single, consolidated observability platforms. While monitoring is still … More →

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adoption app business cost critical cybersecurity downtime investment metrics monitoring new relic observability outage outages report return service stack survey value