The $600 Billion Wake-Up Call
Downtime is no longer an IT problem — it’s a $600 billion business crisis. Kamal Hathi, SVP and General Manager of Splunk at Cisco, joins Alan Shimel on Techstrong TV to unpack Splunk’s newly released Cost of Downtime Report and what the numbers actually mean. Kamal walks Alan through the headline findings — roughly $15,000 per minute in losses, a 50% jump in aggregate downtime cost over the past two years, an average $51 million in regulatory fines per incident, and brand damage that takes marketing teams over a year to recover from. He explains why Splunk is the “universal glue” tying observability, security, and IT data into one source of truth for digital resilience, and why operating at AI scale demands AI-driven response at machine speed. He and Alan also dig into the widening divide between AI-mature organizations — 74% of which are quietly avoiding public breach disclosures — and the companies still trying to respond at human speed.
