• June 30, 2022

Mainframes are expensive? That depends on what you’re looking at.

In this three-part series on SHARE’s “President’s Corner” blog, Rocket’s Janet Sun explores and dispels numerous myths around the mainframe.

Mainframes are expensive? That depends on what you’re looking at.Here’s an excerpt from Part 1 of “Don’t Believe the Myth-information about the Mainframe:”

“Most companies don’t use mainframes” they said – Seriously?  SHARE, the mainframe community, represents more than 20,000 individuals from nearly 2,000 companies.  Those companies include: state and federal government agencies, universities, retail, energy, manufacturing, banks, and insurance companies.  More specifically:

  • 96 of the world’s top 100 banks, 23 of the 25 top US retailers, and 9 out of 10 of the world’s largest insurance companies run System z
  • Seventy-one percent of global Fortune 500 companies are System z clients
  • Nine out of the top 10 global life and health insurance providers process their high-volume transactions on a System z mainframe
  • Mainframes process roughly 30 billion business transactions per day, including most major credit card transactions and stock trades, money transfers, manufacturing processes, and ERP systems.

That doesn’t exactly sound like a technology that’s no longer in use, or even going away anytime soon.  So, what are the other most common myths about the mainframe?

  1. Mainframes are old
  2. Mainframes don’t run modern applications
  3. Mainframes are expensive
  4. The skills to manage mainframes are not available or you need more people

Rocket Software 160 Posts

Rocket Software empowers organizations to create legendary impact in the world through innovation in legacy technologies. With deep expertise in IBM Z, IBM Power, and database and connectivity solutions, Rocket solutions power tens of thousands of global businesses, solving real problems and making real-world impact. With more than 70% of the world’s IT workload running on legacy platforms, Rocket helps companies and public-sector organizations innovate using the technology and data they already have, so they can always be ready for what comes next. Rocket customers include 44 of the Fortune 50, representing industries including Banking and Finance, Healthcare, Manufacturing, Transportation and Logistics, Retail and Insurance. A Bain Capital portfolio company, Rocket is headquartered in the Boston area with centers of excellence strategically located throughout North America, Europe, Asia, and Australia.

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