- “Many CIOs think such an outlier of disaster will never happen to them. However, a quick look at downdetector.com shows that enterprises big and small have all had major and frequent IT outages.
- In July 2016, when a critical router failed at a Southwest airline data center, it resulted in 2300 canceled flights, almost 10% of their weekly flights, costing the airline nearly $60 million in lost revenue.
- In 2015, the NY stock exchange had a major outage that lasted nearly 4 hours. It cost them an estimated $42 million in lost revenue. They also were fined $14 million by the federal regulators because the outage crippled the NYSE trading floor.
- AI can help you reduce a large stream of low-level system events to a smaller number of local incidents.
- This can eliminate the volume of event streams up to 95+% of the original volume. This white noise reduction will allow ITOps teams to take a look at a few specific important events instead of looking at an overwhelming number of logs and alerts.”