Business
The $600 Billion Wake-up Call: New Splunk Research Reveals Downtime is a Systemic Business Crisis
Cisco today announced the release of Splunk's latest research, The Hidden Costs of Downtime, revealing the aggregate cost of unplanned downtime for Global 2000 companies has surged to $600 billion annually – a 50% increase in just two years.
About this update from Cisco Systems, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"$600 Billion Annual Impact: Aggregate downtime costs for the Global 2000 have soared 50% in two years. ","length":102,"tagName":"p"}]},{"val":[{"type":"text","content":"$15,000 Per Minute: The average cost of downtime for organizations, highlighting the immediate financial impact of service disruptions.","length":135,"tagName":"p"}]},{"val":[{"type":"text","content":"3.4% Stock Price Drop: The average decline in shareholder value following a single downtime incident. ","length":101,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":338,"olType":false},{"type":"text","content":"SAN JOSE, Calif., May 19, 2026 /PRNewswire/ -- Cisco today announced the release of Splunk's latest research, The Hidden Costs of Downtime, revealing the aggregate cost of unplanned downtime for Global 2000 companies has surged to $600 billion annually – a 50% increase in just two years.","length":292,"tagName":"p"},{"type":"image","alt":"Cisco logo (PRNewsfoto/Cisco Systems, Inc.)","displaySize":"","headline":null,"caption":"Cisco logo (PRNewsfoto/Cisco Systems, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":211,"url":"https://media.zenfs.com/en/prnewswire.com/e44d7b1b715b3e45000bdcf28508301f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/KM3yFZ5XZ.Kd3XFpnrLpiA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM3Mg--/https://media.zenfs.com/en/prnewswire.com/e44d7b1b715b3e45000bdcf28508301f","width":400,"height":211},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/j9tuYHKpjNOlluuSg9VP1w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTMzOA--/https://media.zenfs.com/en/prnewswire.com/e44d7b1b715b3e45000bdcf28508301f","width":400,"height":211}},"href":"https://mma.prnewswire.com/media/2808325/Cisco_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"In partnership with Oxford Economics, the Splunk study shows that the financial toll of an outage is immediate, severe, and potentially long-lasting. Downtime has become a systemic business crisis that threatens revenue, brand equity and shareholder value, costing an organization $95 million in lost revenue annually. This is nearly twice the level seen in 2024.","length":363,"tagName":"p"},{"type":"text","content":""Downtime is inevitable; prolonged disruption is not," said Kamal Hathi, SVP and GM, Splun...