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Stock impact report

NETSCOUT Research Finds 97% of Enterprises Experienced Major UCaaS-Related Outages in 2023 [Yahoo! Finance]

NetScout Systems, Inc. (NTCT) 
Last netscout systems, inc. earnings: 1/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.netscout.com
Company Research Source: Yahoo! Finance
WESTFORD, Mass., April 09, 2024 BUSINESS WIRE NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS protection solutions, today released research that analyzes the challenges IT teams face in monitoring and troubleshooting Unified Communications as a Service (UCaaS) tools as the need to support more Software as a Service (SaaS) applications grows. One significant finding is that nearly all enterprises (97%) experienced at least one major UCaaS incident or outage in 2023, lasting at least a few hours and affecting broad functionality, with 64% of respondents estimating associated losses of at least $10,000 in sales and productivity. Forty-seven percent of enterprises with annual revenue over $10 billion estimated losses of $100,000 to one million dollars or more. Additional findings include: Enterprises with remote sites like branch offices, warehouses, factories, satellite campuses, healthcare clinics, and retail locations Show less Read more
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