“Many man-made systems, including ICT systems, have positive feedback loops that cause certain local events to propagate and create extreme global behaviors. The extreme behaviors, especially unplanned downtime, become more common than stakeholders can accept. These outliers are modeled by probability distributions with thick tails. Unfortunately, classical methods for risk analysis based on predictions of future events tend to underestimate or ignore extreme global behaviors in complex adaptive ICT systems, even though these events may very well dominate the overall risk to stakeholders.”
Quote by Kjell Jorgen Hole
Work
Anti-fragile ICT Systems
Browse quotes and source details for this work. more
Author
You May Also Like
Source: Anti-fragile ICT Systems
Source: Anti-fragile ICT Systems
Source: Database Reliability Engineering: Designing and Operating Resilient Database Systems
Source: Antifragile: Things That Gain from Disorder
“Forgiveness is the best strategy to find peace. Peace is the best policy to live by.”
“When you are above the clouds, you go beyond the foolishness of the World and find peace!”
Source: The Grace Year