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


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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