{"id":379272,"date":"2020-11-12T06:03:30","date_gmt":"2020-11-12T11:03:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=379272"},"modified":"2020-11-12T06:03:30","modified_gmt":"2020-11-12T11:03:30","slug":"opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19\/","title":{"rendered":"OpsRamp Survey Shows Resilient IT Spending, Strong Focus on Digital Transformation, and No Freeze in IT Hiring During COVID-19"},"content":{"rendered":"<h2>\nSixty-three percent of IT operations and DevOps leaders have either accelerated or maintained digital transformation projects through the global pandemic<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>SAN JOSE, Calif., Nov.  12, 2020  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1y9mYsW5wOIxhkrXCGbhaG-DFN54av4LjDwXy2g4t51GQc7VsCVFZpKsLmK4468byZrhY67GoxCj3zalcqkWqQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>OpsRamp<\/u><\/a>, a modern SaaS platform for hybrid infrastructure discovery, monitoring, management, and automation, today announced the launch of a new report: \u201c<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pHDdPjP70O1pVj2IKuRH7u6wkzxY5v_aWawWNgyM_V02sKy20k2HR2BxVPQFkdFP18jUJERYMaW8ZvzfINNh1bfFo2yKLRO2MU8Sl2ohXKg9QtNVhcgHznoGG4NTwO7h\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>The Change Agents<\/u><\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=T69rRGSoHj4QY5JJVdIDXIlWLwaskvVQRv1f6TXcDIZosfRN5-zjuCX064T5yDZA11kYZZmuir-Tdc90FODupVJvjdjC7dEGSsBwECANY4mtRU5llqTsNXGqf1PNKci5iOHYswlXl5KddkPnKopF65dQE_7l9ksn_RGuEIdf-_P7cbconewDY3spI22vkS-f1-popeYmBOqR0JbuKzIcMjXQ4E597s3DuxQTvwMQFz4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>: How IT Operations Teams Are Driving Enterprise Transformation and Value Creation During Uncertain Times<\/u><\/a>.\u201d<\/p>\n<p>In April 2020, OpsRamp published its <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uPAtY22_g83d2relGmioDhmVHluUxq5r8ta0uM8K0KwgdAFzMjFIkawE9b7mj60igPal4UkkFnnnJJqpFHu-Lr3k6VOG6KwEQWCrKw6DjeCP7GJIMVqfyXsxKqmPDYf5dbSrXJKyG6cSlnn126jkyOS0ouW1ns5hjHcUSvwVLtAvegR1Y-_VRWM3gCumEu3wzYkf6vkl4NY5UPjLEtAPR4qLgo2ytf5jAWC_Uq89kRk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Thriving in the New Normal: How IT Operations Leaders Can Deliver Business Value in an Economic Slowdown<\/u><\/a> report to analyze how IT teams were adapting technology priorities, staff hiring, and spending plans in response to the pandemic. As the global health crisis continues, OpsRamp conducted a follow-up survey in October 2020. The new survey is based on responses from 230 IT operations and DevOps executives in the U.S. and U.K. with at least 500 employees and $5 million in annual IT budgets. The survey asked about annual spending plans, cost reduction measures, operational challenges, and investment themes for 2020 and beyond.<\/p>\n<p>\n        <strong>Here are the top three insights from the report:<\/strong>\n      <\/p>\n<p>\n        <strong>IT is a Strategic Differentiator:<\/strong> In the face of restrictive lockdowns and stay-at-home orders, IT budgets have held up remarkably well as technology becomes a critical ingredient in launching new products and services.<\/p>\n<ul type=\"disc\">\n<li>In the second and third quarters of 2020, <strong><em>60% of IT leaders<\/em><\/strong><strong> significantly or moderately increased their annual technology budgets<\/strong> while only 22% significantly or moderately reduced their IT spending in the last two quarters.<\/li>\n<li>Meanwhile, <strong><em>63% of participants reported that Covid-19 led them to accelerate or maintain digital transformation<\/em><\/strong> initiatives.<\/li>\n<\/ul>\n<p>\n        <strong>Business Priorities Dictate IT Investments:<\/strong> The leading technology investments in the April 2020 survey were information security and compliance, big data and analytics, and public and multi-cloud infrastructure. These priorities have broadly remained the same in the October survey, but remote work and collaboration have grown in importance.<\/p>\n<ul type=\"disc\">\n<li>\n          <strong>What is front and center for IT budgets? <\/strong>The critical priorities for IT leaders include <em>information security and compliance<\/em> (59%), <em>remote work and collaboration<\/em> (55%), <em>public and multi-cloud infrastructure<\/em> (50%), and <em>monitoring and management<\/em> (42%). The pandemic has made digital touchpoints a critical differentiator for customer interactions while resilient technology infrastructure remains a priority for employees working remotely.<\/li>\n<li>\n          <strong>What performance monitoring tools did IT teams buy in 2020? <\/strong>In 2020, technology leaders focused on the following tools to ensure compelling customer and employee experiences.<br \/>&#8212; A<em>rtificial intelligence for IT operations (57%) <\/em>solutions help technology practitioners maintain the uptime, reliability, and performance of technology services with contextual, actionable, and predictive insights.<br \/><em>&#8212; Digital experience monitoring (50%) <\/em>tools put a clear spotlight on business transactions and customer journeys by surfacing end-user interaction insights for complex enterprise services.<br \/><em>&#8212; Network performance monitoring and diagnostics (50%)<\/em> tools ensure responsive network infrastructure with instrumentation analytics and visualizations for device, flow, and packet-level data. <\/li>\n<\/ul>\n<p>\n        <strong>IT Cost Management and Hiring During Covid-19: <\/strong>With <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2Ibr2lmCtEYsQaOvqoV8qvGRUFYgoFeveuGg7QzoOSeu7w7Usu1EgTJuNClwEZ_RUrN08m_K8NKgbPHH_UlR9qv7R0xwBW84Hz77t3fiKlj2tGwmMy25clfKGOJJtH_2PoIAsuSq8t53L1urCHU_bijm64Cc_BeajE_WO1PZdxca_RkJKGhIhG4VfGme06dZ5d5B8OnOmYBwxA_mxjMLVH02if7AB22v4B0DsyORN0gbXSWef_nGeFT5OCe6QU5TTa4Ev7PvhrFvUhwYCK8cOA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>global IT spending expected to fall by 7.3% in 2020<\/u><\/a>, technology leaders have had to employ creative measures to get the most bang for their bucks. IT teams are looking to hire people who can not only help them stay relevant during the pandemic but also build a proper foundation for growth when the economy eventually recovers in 2021.<\/p>\n<ul type=\"disc\">\n<li>\n          <strong>Cost reduction measures. <\/strong>Technology leaders have used<em> self-service tools<\/em> (60% in October versus 54% in April), embraced <em>open source <\/em>(51% in October versus 50% in April), and <em>reduced technology suppliers<\/em> (51% in Octobers versus 59% in April) to save money and rationalize their IT operations portfolios.<\/li>\n<li>\n          <strong>Hiring priorities.<\/strong> Enterprises have either recently hired or are planning to recruit the following team members:<br \/><em>&#8212; Financial managers (54%) <\/em>who can help IT teams present a compelling business case for technology investments,<br \/><em>&#8212; Senior IT leaders (47%) <\/em>who can marshal the right resources to successfully execute digital transformation programs, and<br \/><em>&#8212; Cloud operators (44%)<\/em> who can shift, monitor, and maintain enterprise workloads on public cloud infrastructure.<\/li>\n<\/ul>\n<p>\u201cI&#8217;m not surprised that the majority of companies are pressing ahead with digital transformation projects and increasing spend despite the pandemic,\u201d said Varma Kunaparaju,  CEO of OpsRamp. \u201cOrganizations that fail to make sound IT investments in this critical phase will lose customer mindshare, fall behind their competition, and slowly become irrelevant in a global economy that is delivering disproportionate returns for digital leaders. What does stand out is the number of companies hiring financial managers to help IT teams justify new technology. Reckless spending on the latest shiny tech toy is being replaced by thoughtful, data-driven decision making, which bodes well for the entire industry.&#8221;<\/p>\n<p>The report is available for download <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=a4CWtWZEW7js-QAL5gX3zPEvfuhZDwbUjYffhVWIAbkIdOMvt7XMdMYgrjNVFbyWWO-ytQ84noeHfFpRG2oZViOdUPrBkhERwTMMLauVh-M=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>here<\/u><\/a>.<\/p>\n<p>\n        <strong>About OpsRamp<\/strong>\n      <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1y9mYsW5wOIxhkrXCGbhaBu6QNqb8kWgQYP7IflGMX19bDVyNCJ_gmLgUQt5MggmcLjnUcXeQho2ql76MIiV2g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <u>OpsRamp<\/u><br \/>\n        <\/a> is an IT operations management software company whose SaaS platform is used by enterprise IT teams to monitor and manage their cloud and on-premises infrastructure. Key capabilities of the OpsRamp platform include: hybrid infrastructure discovery and monitoring, event and incident management, and remediation and automation, all of which are powered by artificial intelligence. OpsRamp investors include Sapphire Ventures, Morgan Stanley Expansion Capital and HPE.<\/p>\n<p>Visit the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1y9mYsW5wOIxhkrXCGbhaPI0j2pDpvqGHLT-B39WOkSx_8wcsiHLxkfE-bmLuY1xVRJ8UMzad8mqJY-2dAbwJIo3VTA2Z-05Qxe6vGzpO-pEizdbKTIdC-Zk4D2vCuY3\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>OpsRamp Newsroom<\/u><\/a> for all media coverage and press releases.<\/p>\n<p>Visit the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1y9mYsW5wOIxhkrXCGbhaIeZyUD1Z2y7hj_Bv7s-Gorel12l1hOcUwBdmuXlGLzao2d1AL-OYPlwxHG7EHYrgQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>OpsRamp Blog<\/u><\/a>.<\/p>\n<p>OpsRamp on Twitter: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_OvApxXGneqgURXeIod4XiIj_MM7wtjlXDo_vehN7z3fRTWo2TEYUdNLCqpdO3Xy_51dph5bnuCeS0X35unbHaNWo2DLHvXiEiKwqdPR-Kk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/twitter.com\/OpsRamp<\/u><\/a><\/p>\n<p>OpsRamp on LinkedIn: <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_OvApxXGneqgURXeIod4XgA_Zw5bro4pTjGJ8KNntAq889XfzhibuzUSUwrSOyem_oPzei3p7DV6Ts9TCic3q1fjv_ik7tUZbBg2TEogFmEkDMD08GRQMyEKYDmXTm7qhrQQf_kKJwhLONFLkIxPOQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.linkedin.com\/company\/opsramp<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=O1HZua9MJOxjajQaTBu1VZOABBNnqy-Nhs-BDIjcs55pT07A8V2HbjNIL6zZ8hO4dJBC-vuV-zMQUPQ1W7i4Gw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><\/p>\n<p><\/a><\/u><\/p>\n<p>Media contact:<\/p>\n<p>Kevin Wolf<\/p>\n<p>TGPR<\/p>\n<p>(650) 483-1552<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IJRBL0opW7SGRsV8e7ys4ilqjPmfSvLS4YpfZsqqjOST8YnIMeZHtFDLBZ4hxWudYaa1oE6LeWyEYzYG4l_-_1eVcFXEJTBdY1hMbwc4No4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">kevin@tgprllc.com<\/a>\n      <\/p>\n<p>Photos\u00a0accompanying this announcement are available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_OvApxXGneqgURXeIod4XnXwoCFMf9IY8u9qL1L814ZOVbjHDkucPsFdDu5Yrmk0JeUPjTCjt2KBVRqC0MjwugqAGCkej3f21ahqNYowcTy9Ll6H9QpyWMuP9kgIutVbqRC34I3h7AGci307hRJ2Gnvg8Sp0gwaxaVuuiUmaltisJv20vNx151vUYAKDRHbOhQ8fasFR8r28kVAnTADerp51V6DzggBx0Cv0raIqcDZ2mJlQ8GHsliHruBjv-lc2Tp4ck-ifBupSvFmsnpE3Fw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/99349270-dae8-4953-b4ba-5c39a7c830c5<\/a><\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_OvApxXGneqgURXeIod4XnXwoCFMf9IY8u9qL1L814ZOVbjHDkucPsFdDu5Yrmk0X3pB0YPoGnXFJNnbhFWmOeA3Wd2XAPgWf_wuDXKJnECcmO4QCTCQowF-Wvx2JLHnJGvXmFLeCzGNFzWdPpebQFgWmxuUcD-i-1DBMbjy-Fn4gyp_-3M9UtRinRrC5ig90ww5GZMdffh15kM6a8gGTBkn_RgFqpi1yYGQetgthwqf-lg8o7qIuoX9x6IRb6PHDdmJPyIAcicWpGTZiWH0sw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/21059407-fa46-47c8-a946-31d815e58dbd<\/a>\n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDMxMSMzODE5NjI5IzIwOTI3Njc=\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sixty-three percent of IT operations and DevOps leaders have either accelerated or maintained digital transformation projects through the global pandemic SAN JOSE, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; OpsRamp, a modern SaaS platform for hybrid infrastructure discovery, monitoring, management, and automation, today announced the launch of a new report: \u201cThe Change Agents: How IT Operations Teams Are Driving Enterprise Transformation and Value Creation During Uncertain Times.\u201d In April 2020, OpsRamp published its Thriving in the New Normal: How IT Operations Leaders Can Deliver Business Value in an Economic Slowdown report to analyze how IT teams were adapting technology priorities, staff hiring, and spending plans in response to the pandemic. As the global health crisis continues, OpsRamp conducted a follow-up &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;OpsRamp Survey Shows Resilient IT Spending, Strong Focus on Digital Transformation, and No Freeze in IT Hiring During COVID-19&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-379272","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>OpsRamp Survey Shows Resilient IT Spending, Strong Focus on Digital Transformation, and No Freeze in IT Hiring During COVID-19 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OpsRamp Survey Shows Resilient IT Spending, Strong Focus on Digital Transformation, and No Freeze in IT Hiring During COVID-19 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sixty-three percent of IT operations and DevOps leaders have either accelerated or maintained digital transformation projects through the global pandemic SAN JOSE, Calif., Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; OpsRamp, a modern SaaS platform for hybrid infrastructure discovery, monitoring, management, and automation, today announced the launch of a new report: \u201cThe Change Agents: How IT Operations Teams Are Driving Enterprise Transformation and Value Creation During Uncertain Times.\u201d In April 2020, OpsRamp published its Thriving in the New Normal: How IT Operations Leaders Can Deliver Business Value in an Economic Slowdown report to analyze how IT teams were adapting technology priorities, staff hiring, and spending plans in response to the pandemic. As the global health crisis continues, OpsRamp conducted a follow-up &hellip; Continue reading &quot;OpsRamp Survey Shows Resilient IT Spending, Strong Focus on Digital Transformation, and No Freeze in IT Hiring During COVID-19&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T11:03:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NDMxMSMzODE5NjI5IzIwOTI3Njc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"OpsRamp Survey Shows Resilient IT Spending, Strong Focus on Digital Transformation, and No Freeze in IT Hiring During COVID-19\",\"datePublished\":\"2020-11-12T11:03:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19\\\/\"},\"wordCount\":894,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4NDMxMSMzODE5NjI5IzIwOTI3Njc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/opsramp-survey-shows-resilient-it-spending-strong-focus-on-digital-transformation-and-no-freeze-in-it-hiring-during-covid-19\\\/\",\"name\":\"OpsRamp Survey Shows Resilient IT Spending, Strong Focus on Digital Transformation, and No Freeze in IT Hiring During COVID-19 - 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