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Economics of Downtime

Nijaz Bajgorić

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Abstract

After introducing some basic facts on how today’s businesses are faced with several types of business risks, the second chapter tends to explain one of the major problems that a contemporary business may face in regard to the impact of its computing infrastructure to business results. System downtime is briefly explained and the resulting “economics of downtime” is elaborated in order to demonstrate the direct financial impacts of the unavailability of so-called “business-critical applications” to business results.

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What this paper is about

After introducing some basic facts on how today’s businesses are faced with several types of business risks, the second chapter tends to explain one of the major problems that a contemporary business may face in regard to the impact of its computing infrastructure to business results. System downtime is briefly explained and the resulting “economics of downtime” is elaborated in order to demonstrate the direct financial impacts of the unavailability of so-called “business-critical applications” to business results.

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Available abstract

After introducing some basic facts on how today’s businesses are faced with several types of business risks, the second chapter tends to explain one of the major problems that a contemporary business may face in regard to the impact of its computing infrastructure to business results. System downtime is briefly explained and the resulting “economics of downtime” is elaborated in order to demonstrate the direct financial impacts of the unavailability of so-called “business-critical applications” to business results.

Key concepts: Downtime, Unavailability, Order (exchange), Business, Risk analysis (engineering), Business process, Industrial organization, Computer science

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