LIVE WEBINAR

The $600 Billion Blind Spot: Why Downtime is Now a Boardroom Crisis

Wednesday, July 22, 2026  |  10AM PT / 1PM ET

Global 2000 companies face an average of 60 unplanned outages annually, with downtime costs reaching a staggering $15,000 per minute. It is clear that downtime is no longer just an IT challenge—it is a boardroom crisis. New research from Splunk, Cisco, and Oxford Economics reveals that unplanned outages now cost Global 2000 organizations $600 billion annually, representing a 50% increase in just two years.

Join our experts as we analyze the anatomy of a modern outage and the factors driving these escalating costs—from ransomware and regulatory exposure to the increasing fragility of third-party dependencies. We will explore the "AI paradox," examine the indirect costs that often go unmeasured, and discuss the critical role the network plays in protecting customer experience.

In this session, you will learn:

  • How to quantify the "hidden" costs of downtime beyond immediate revenue loss.
  • What separates resilient organizations from those that struggle to recover.
  • Practical strategies to shift your infrastructure from reactive recovery to predictive immunity.

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Time Place Details
10:00am - 10:55am Expo Hall Meet and greet in the lobby outside the Expo Hall before the General Assembly.
11:00am - 11:55am Rm 314 Expert Track: TOP 10 WAYS TO MAKE A DIFFERENCE IN THE INDUSTRY | John Dough, CFO Marketizingly
11:00am - 11:55am Rm 159 Social Track: MODERN NETWORKING | Hosted by: SponsorName

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Our Speakers

Greg Leffler

Greg Leffler

Director of Developer Evangelism,
Splunk

Greg heads the Observability Technical Marketing & Evangelism team at Splunk, and is on a mission to spread the good word of Observability to the world. Greg's career has taken him from the NOC to SRE to SRE management, with side stops in security and editorial functions. In addition to Observability, Greg's professional interests include hiring, training, SRE culture, and operating effective remote teams. Greg holds a Master's Degree in Industrial/Organizational Psychology from Old Dominion University.

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Mike Hicks

Mike Hicks

Principal Solution Analyst,
Cisco

Mike Hicks is a recognized expert in network and application performance, with more than 30 years of industry experience supporting large, complex networks and working closely with infrastructure vendors on application profiling and management. He is the author of "Managing Distributed Applications: Troubleshooting in a Heterogeneous Environment" (Prentice Hall 2000) and "Optimising Applications on Cisco Networks" (Cisco Press 2004).

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Peter Sprenger

Peter Sprenger

Field CTO,
Splunk

Peter Sprenger is a Splunk Field CTO specializing in cybersecurity and digital transformation. With deep expertise in the financial services sector, he has led strategic cybersecurity initiatives at Citi and provided business strategic advisory services to clients at J.P. Morgan, delivering scalable solutions that align with business priorities in highly regulated industries. Before his private-sector career, Peter served in the U.S. Army Infantry, completing two tours in Iraq and two in Afghanistan. He holds an MBA from the Wharton School of Business and a BS from Cal Poly Pomona.

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Tom Gamali

Tom Gamali

Field CTO,
Splunk

Tom Gamali is a technology executive, Independent Board Director, and cybersecurity leader with more than 20 years of international experience leading digital transformation, cyber resilience, AI, and security strategy across Europe and the Middle East. He has served as Group CISO for leading financial institutions and one of the Middle East's largest diversified enterprises, advising executive leadership and board risk committees on cyber risk, resilience, and technology strategy.
Tom is currently Chief Technology Officer & Strategic Advisor at Cisco (Splunk), where he helps organisations modernise security operations, AI adoption, and data-driven cyber resilience. He also serves as an Independent Board Director, providing strategic oversight and governance on technology, cyber risk, and digital resilience. Previously, he served on the (ISC)² EMEA Advisory Council, contributing to the advancement of cybersecurity leadership and professional standards across the region. Tom is also a recognised international speaker on AI, cybersecurity, digital resilience, and security operations.

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