News Summary

• Even minutes of downtime can trigger customer loss.
• 91% of enterprises report costs over $300,000 per hour, with 44% saying it can exceed $1 million.
• Proprietary databases often work against that goal.
• Escalating licensing fees, usage-based pricing, and long-term vendor lock-in make it harder to tune performance, expand capacity, or respond to incidents.
• This is why open-source databases have become a core part of modernization efforts across banks, fintechs, and payment platforms.