UPS systems seem to cause more trouble than it's worth. Always hearing of entire data centres going down either because the UPS has caused a fault or the UPS has failed to pickup in the event of a power cut.
???
Yes, but nobody reports on all the times UPSes do as they're told and protect the equipment until power is restored either from grid or a longer-lasting source such as generators (which aren't instant). I can assure you this number is significantly greater than the number of failures.
If we suddenly decided not to bother with them, I'm sure there would be a much higher number of reports of systems going down due to power cuts, brownouts, etc. The UPS industry is alive and well because they do work more often than they fail. If they failed more times than they worked, people wouldn't buy them.
At the sites I look after (we are a medical provider) we rely on our UPS equipment for providing power until the generators kick in. We only need them to supply power for 3-5 seconds, but we specify them to provide power for 1 hour. The only time this has ever been a problem was during one extended power outage - the generators had kicked in and had been running for 30 minutes. However, some clever sod had assumed mains power had been restored by now and decided to start up our MRI scanner, which the genny had not been specified to supply power to. Long story short, this (somehow) damaged the genny and we couldn't use it. We powered down our servers safely and then turned the UPS off until power was restored a few hours later.
All our critical medical equipment (and a fair bit of non-critical stuff) has inbuilt UPS/battery equipment.