A recent report by Catchpoint reveals that 51% of surveyed companies lose over $1 million monthly due to internet outages, increasing from 43% the previous year. The survey highlights the need for robust AI observability, as 57% of respondents reported immediate awareness of performance issues in AI-supported applications. Additionally, 73% of participants emphasized the importance of high-performing websites for business success, while nearly half regarded slow internet services as nearly unusable. The findings underline the growing reliance on third-party services and the necessity for specialized internet performance monitoring tools.
Fifty-one percent of organizations reported monthly losses exceeding $1 million due to internet disruptions, highlighting the increasing impact of internet outages on business.
Seventy-three percent of those surveyed considered fast websites critical for success, while 42% deemed slow internet services almost as ineffective as being offline.
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