8 Mainframe statistics “That May Surprise You”

Since recent years, many tech experts seem to have different thoughts on how mainframe is going to sustain in this ever-changing technological environment, as many think that mainframe is on the path of becoming antiquated and obsolete, as they continue to be the core part of many business operations and processes in the IT industry. Few of the things that mainframe serves such as speed, agility, security continue to make them important for many industries to work without any hindrance, especially those that are specifically data-centered. Considering the mainframe as an old tech, it has evolved and is still upgrading and continues to be one of the important parts of this IT landscape. In addition to this modernization to mainframe had a major spin-off to their capabilities in terms of access to the IT professionals and industry. The outcome of this is that mainframe stills remain in high demand and its demand in the market is growing and will enhance with the next few coming years.

Furthermore, one way to appreciate the current scenario of the mainframe is to have a look at the various data usage by the industry. According to one of the skill soft reports, in the past few years, mainframes are used by a wide array of industries and organizations. Moreover, the data has displayed some of the results from the past quarter of 2019, as mainframes are the core part of the IT industry. The new IBM z/OS version includes mainframe-based applications, which are an important part of today's corporate strategies.

With ever-increasing transactions and database evaluation, the mainframe has proven to be the most efficient and safe method of doing business. Cloud services have evolved into a trustworthy technology in recent years, and many organizations, such as AWS, are provided with the essential knowledge and talents who are well informed of the technology, system, and latest trends. Microsoft Azure and Google are already on the market, supplying services to a slew of other major corporations throughout the world. In addition, it is predicted that the mainframe's utilization in hybrid cloud systems will double in the next few years.

Now the question arises, How important are mainframes in today’s time? One can only answer this question with some statistics related to mainframe working outcomes and processes that are being used today by professionals and organizations.

71% of fortune 500 companies use mainframes.

It handles 90 percent of all the transactions related to credit card.

68 percent of IT workloads all around the globe are managed by the mainframe, and only 6 percent of the cost is accounted for

Up to 40 terabytes of memory are supported by IBM’s z15.

Mainframe is a monster strong and can withstand an earthquake up to 8.0 magnitude on the Richter scale.

A total of 19 billion business transactions are managed and executed per day by IBM z15 mainframe

62 percent of the increase in sales has been recorded year over year by the 2019 release of the newest IBM z15 system.

Out of the top 50 banks, 44 banks and all paramount 10 insurers as of 2020 globally use IBM mainframe.

Mainframe systems are still an important component of the business environment, as these mainframe statistics show.

The fundamental reason for mainframes to be relevant and in demand in the ever-changing IT world and continuously progressive and updated IT organizations is delivering the right service and product and serving them the purpose and benefits they will have. Such key factors like speed, security, agility, and power have not changed in any form. The ability to perform transactions and processing at a high speed and unmatched accuracy and efficiency in terms of speed, volume, and effectiveness. As an outcome, it remains to be the market leader in areas such as credit card and ATM transactions, customer statement processing, and internal financial reporting.

All the professionals, organizations, and tech leaders are moving forward and are more focused to achieve more and get the most out of their cloud and mainframe financial investment to improve their companies and organizational ROI. The mainframe can be modernized in conjunction with distributed and cloud platforms. Meanwhile, across all platforms, including mainframe, teams may easily use the same tools and standards, such as open-source. The mainframe is likely to play not only a critical role for decades to come but also to grow its footprint in leading enterprises' overall technology and business strategy.

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