Using AI and Machine Learning to Predict and Avoid Risks – BMC Software

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You've heard the saying "time is money"? Well nothing is closer to the truth than when looking at the impacts of unplanned downtime on your mainframe budget, business initiatives and a potentially negative experience for your customers. A 2019 Forrester survey of 100 US IT groups found that the average cost of a minute of an unplanned "outage" was $9,108. Simple math would result in almost $1.4 Million lost if an enterprise experienced ten outages throughout the year at 15 min each. This doesn't even factor in operational resilience fines levied to banks from the UK-based Financial Conduct Authority (FCA) for the inability to maintain the safety and soundness of their infrastructure and, by extension, their customer's data, and funds.

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