downtime


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Downtime

In investment banking, a slang term for a situation in which a bank employee does not have much to do, especially if he/she is waiting for superiors to give further directions. An employee may spend downtime working on personal matters, or he/she may simply avoid work altogether.

downtime

time when a machine or COMPUTER is not operating correctly owing to machine failure or because the machine is being set up for the next work task (SET-UP TIME). Downtime in a factory can cause considerable loss of output and disruption to production schedules, and the aim of PREVENTIVE MAINTENANCE is to minimize such downtime. See IDLE TIME.
References in periodicals archive ?
The company's software helps producers gain a competitive advantage by optimizing well production, improving well safety and reducing costly downtime.
The cost that may be assignable to each hour of downtime varies widely depending upon the nature of your business, the size of your company, and the criticality of your IT systems to primary revenue generating processes.
Further, many enterprises experience significant downtime and delay when failing over from a primary site to a disaster recovery site, due to the required manual client reconfigurations.
Unplanned downtime usually proves more costly than scheduled wear parts maintenance, Toft says.
Yet Downtime deserves its place in the canon of Canadian cinema.
Depending on a customer's industry and application, just a half-hour of downtime can cost a company tens of millions of dollars in lost revenue and productivity.
According to Gartner, a large percentage of system downtime is due to planned downtime for security patches, maintenance and upgrades.
com)-- What many website owners do not know is that websites experience downtime frequently, and that it is left undetected until it is too late.
TELECOMWORLDWIRE-3 August 2005-System downtime is costly for businesses - report(C)1994-2005 M2 COMMUNICATIONS LTD http://www.
Anything that disrupts this security and accessibility creates downtime, and downtime costs companies money.
The survey pointed out key issues that required refinement, such as excessive downtime during internships and initial experiences on the job.
In finished tire transfers, other customers are said to be reporting zero scrap, zero jams, zero downtime and zero maintenance, according to the company.