Classification: Confidential In my case, quoted from the CIO and CFO. I have no data on how they arrived at that number.
-----Original Message----- From: IBM Mainframe Discussion List <[email protected]> On Behalf Of Phil Smith III Sent: Monday, March 3, 2025 8:27 AM To: [email protected] Subject: Re: Cost of an outage (was: The mainframe is alive) [CAUTION: This Email is from outside the Organization. Unless you trust the sender, Don’t click links or open attachments as it may be a Phishing email, which can steal your Information and compromise your Computer.] Colin Paice wrote, in part: >1 minute down, costs $1million >1 day down - we are out of business. >This was due to fines etc from the stock exchanges, and the cost of >having to buy shares at a potentially higher price. This is the kind of claim that requires analysis. The fines part might be true--but the key word in the second is "potentially". Prices could go lower. So that part clearly isn't solid. Similarly, Allan Staller wrote, in part: >At a relatively small MF shop I used to work at, the cost of downtime >was pegged at 100K/Hour. Again, could be true (though that seems to make the company's revenue $876M, which doesn't sound like a small shop) but where did that number come from? I'm suspicious of almost any number quoted without explanation, in any context. I mean, we all know that 87.3% of statistics are made up on the spot, right? ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN ::DISCLAIMER:: ________________________________ The contents of this e-mail and any attachment(s) are confidential and intended for the named recipient(s) only. E-mail transmission is not guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or may contain viruses in transmission. The e mail and its contents (with or without referred errors) shall therefore not attach any liability on the originator or HCL or its affiliates. Views or opinions, if any, presented in this email are solely those of the author and may not necessarily reflect the views or opinions of HCL or its affiliates. Any form of reproduction, dissemination, copying, disclosure, modification, distribution and / or publication of this message without the prior written consent of authorized representative of HCL is strictly prohibited. If you have received this email in error please delete it and notify the sender immediately. Before opening any email and/or attachments, please check them for viruses and other defects. ________________________________ ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
