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The only good downtime is no downtime.

ITIC’s latest survey data finds that 98% of organizations say a single hour of downtime costs over $100,000; 81% of respondents indicated that 60 minutes of downtime costs their business over $300,000. And a record one-third or 33% of enterprises report that one hour of downtime costs their firms $1 million to over $5 million.

For the fourth straight year, ITIC’s independent survey data indicates that the cost of hourly downtime has increased. The average cost of a single hour of unplanned downtime has risen by 25% to 30% rising since 2008 when ITIC first began tracking these figures.

In ITIC’s 2013 – 2014 survey, just three years ago, 95% of respondents indicated that a single hour of downtime cost their company $100,000.  However, just over 50% said the cost exceeded $300,000 and only one in 10 enterprises reported hourly downtime costs their firms $1million or more. In ITIC’s latest poll three-in-10 businesses or 33% of survey respondents said that hourly downtime costs top $1 million or even $5 million.

Keep in mind that these are “average” hourly downtime costs. In certain use case scenarios — such as the financial services industry or stock transactions the downtime costs can conceivably exceed millions per minute. Additionally, an outage that occur in peak usage hours may also cost the business more than the average figures cited here.

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Security. Reliability. Performance. Analytics. Services.

These are the most crucial considerations for corporate enterprises in choosing a hardware platform. The underlying server hardware functions as the foundational element for the business’ entire infrastructure and interconnected environment. Today’s 21st century Digital Age networks are characterized by increasingly demand-intensive workloads; the need to use Big Data analytics to analyze and interpret the massive volumes and variety of data to make proactive decisions and keep the business competitive. Security is a top priority. It’s absolutely essential to safeguard sensitive data and Intellectual Property (IP) from sophisticated, organized external hackers and defend against threats posed by internal employees.

The latest IBM z13s enterprise server delivers embedded security, state-of-the-art analytics and unparalleled reliability, performance and throughput. It is fine tuned for hybrid cloud environments. And it’s especially useful as a secure foundational element in Internet of Things (IoT) deployments. The newly announced, z13s is highly robust: it supports the most compute-intensive workloads in hybrid cloud and on-premises environments. The newest member of the z Systems family, the z13s, incorporates advanced, embedded cryptography features in the hardware that allow it to encrypt and decrypt data twice as fast as previous generations, with no reduction in transactional throughput owing to the updated cryptographic coprocessor for every chip core and tamper-resistant hardware-accelerated cryptographic coprocessor cards.

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In a move that bolsters its already considerable portfolio of security offerings, IBM announced it acquired the business operations of Lighthouse Security Group, LLC, a Lincoln, Rhode Island-based maker of Identity and Access Management (IAM) solutions.

IBM’s purchase of Lighthouse, the security division of longtime IBM Business Partner, Lighthouse Computer Services, comes two weeks after its acquisition of CrossIdeas, a privately held Italian cyber security startup that specializes in Access Governance software to help firms manage user access to applications and data across on-premise and cloud environments. Eric Maass, Chief Technology Officer, Lighthouse Security Group, along with other Lighthouse Security employees will make the transition to IBM Lighthouse Security sells a cloud-hosted IAM gateway platform, which incorporates a full suite of functionalities based on IBM’s Security Identity and Access Management capabilities. This includes: single sign-on, user provisioning, identity lifecycle governance, enterprise user registry services, federation and user self service.

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