The report highlights the significant financial impact of power outages on businesses, particularly in the U.S., which experiences more outages than any other developed nation due to extreme weather. Outages can cost businesses millions daily, with a $155 billion potential cost from major storms. Downtime impacts various sectors, including manufacturing, utilities, and retail, with disruptions leading to severe reputational damage and customer dissatisfaction. Effective storm readiness testing is essential to minimize downtime costs and protect businesses from extensive financial losses.

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