Application modernization on the mainframe ibm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibm.com Daily Mail and Mail on Sunday newspapers.
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Adoption of AI, hybrid cloud, and zero trust approach lowered data breach costs
CAMBRIDGE, Mass., July 28, 2021 /PRNewswire/ IBM (NYSE: IBM) Security today announced the results of a global study which found that data breaches now cost surveyed companies $4.24 million per incident on average – the highest cost in the 17-year history of the report. Based on in-depth analysis of real-world data breaches experienced by over 500 organizations, the study suggests that security incidents became more costly and harder to contain due to drastic operational shifts during the pandemic, with costs rising 10% compared to the prior year.
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ARMONK, N.Y., July 27, 2021 /PRNewswire/ IBM (NYSE: IBM) today announced IBM z/OS V2.5, the next-generation operating system (OS) for IBM Z, designed to accelerate client adoption of hybrid cloud and AI and drive application modernization projects.
According to an IBM Institute for Business Value study Application modernization on the mainframe released today, 71% of executives surveyed say mainframe-based applications are central to their business strategy; and in three years, the percentage of organizations leveraging mainframe assets in a hybrid cloud environment is expected to increase by more than 2x.
IBM z/OS V2.5 helps drive value for our clients by delivering new capabilities across AI enablement, application modernization, resiliency, enhanced security and an improved developer experience.
Mainframe applications still key to business strategy betanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from betanews.com Daily Mail and Mail on Sunday newspapers.