Average Revenue Loss from Internet Business Disruptions is Now Almost $2 Million Per Incident, According to New Aberdeen Group Report
Large revenue losses from Internet-based business disruptions are on a collision course with huge increases in Internet usage for core business functions
BOSTON--(BUSINESS WIRE)--July 6, 2004-- Internet-based business disruptions such as viruses spyware, or worms currently cost enterprises almost $2 million per incident, causing organizations to shift strategy towards how to best overcome the problem, says a new report by Aberdeen Group, a leading research firm serving major corporate technology end-users around the world.
The Aberdeen report finds that Internet usage is being ratcheted up for customer sales, customer service, procurement, sourcing, distribution, and fulfillment. In fact, 75% of all firms are increasing their usage of the Internet specifically for customer sales and service.
"Average revenue losses, not recovery costs, are driving firms to do something about business downtime from Internet business disruptions," said Jim Hurley, Aberdeen's vice president of risk, security, and compliance and author of the report. "Increasing usage of the Internet for these core business functions means that business disruptions from Internet security can seriously impact a company's revenue."
The Internet Business Disruptions Benchmark Report helps organizations do the following:
-- Discover the strategies that winning companies are using to combat Internet business disruptions
-- Understand the appropriate enablers and technologies
-- Quantify of the revenue loss impact of Internet-based business disruptions
-- Overcome revenue loss rates and business down time
Download a copy of the Internet Business Disruptions Benchmark Report by following this link: http://www.aberdeen.com/ab_company/hottopics/ibd/default.htm.
About Aberdeen Group
Founded in 1988, Aberdeen Group is the trusted advisor to the Global 5000 for value chain strategies and technology advice. Through its continued benchmarking and analysis of value chain practices, Aberdeen offers a unique mix of research, tools, and services to help G5000 executives assess their value chain performance, develop improvement strategies, and select value chain solution partners.
Headquartered in Boston, Aberdeen has research and consulting divisions in Atlanta, GA; Chicago, IL; Palo Alto, CA.; and Fort Collins; CO. For more information, visit www.aberdeen.com or call 617-723-7890.
Contacts
Linden Alschuler & Kaplan, Inc./Public Relations
Hannah Arnold, 212-575-4545
harnold@lakpr.com
[ Comment, Edit or Article Submission ]
