Unlocking the Power of Effective Incident Management: A Technical Architecture Perspective
Introduction to Incident Management In today’s fast-paced digital landscape, IT services play a critical role in supporting business operations. However, with the increasing complexity of IT systems, the likelihood of incidents occurring also rises. According to a study, the average cost of IT downtime is around $5,600 per minute, which translates to over $300,000 per hour (1). Therefore, it is essential to have an effective Incident Management process in place to minimize downtime and ensure business continuity. ...