Global Switch, a leading provider of purpose-built high-specification data centres, has released findings from a pan-European survey, revealing that IT downtime costs European businesses on average £300K per hour. Surprisingly almost half (47%) of these businesses still house their mission-critical IT infrastructure in their own offices rather than mitigating this risk by using a fit-for-purpose environment. 50% of business service providers claim that one hour of downtime could incur costs of between £501,000 and £1million.
