Brief
Top Hidden Costs of Downtime in Manufacturing
Outages and service degradation are no longer just IT and cybersecurity headaches — they are boardroom-level threats. Fueled by the digital complexity of IT-OT convergence, more sophisticated cyberattacks, and AI, manufacturers are facing serious downtime threats and related impacts on brand trust, stock value, and long-term growth.
Based on a survey of manufacturing executives from the Global 2000, our research reveals:
- Manufacturers lose an average of $280 million a year to unplanned outages and suffer an average 4.3% stock price drop after a single incident.
- Organizations lose an average of $67 million in revenue per year from downtime incidents. And run up $81 million in contractual and legal costs.
- While 56% of respondents say AI reduces the overall risk of downtime, every manufacturing leader surveyed admits their organization has experienced AI-related downtime.
Download The Hidden Costs of Downtime in Manufacturing to help minimize loss, ensure operational stability, and protect your bottom line.