{"id":783758,"date":"2023-09-13T09:59:20","date_gmt":"2023-09-13T13:59:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/it-trends-report-2023-observability-advances-automation-and-empowers-innovation-yet-adoption-still-in-early-stages\/"},"modified":"2023-09-13T09:59:20","modified_gmt":"2023-09-13T13:59:20","slug":"it-trends-report-2023-observability-advances-automation-and-empowers-innovation-yet-adoption-still-in-early-stages","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/it-trends-report-2023-observability-advances-automation-and-empowers-innovation-yet-adoption-still-in-early-stages\/","title":{"rendered":"IT Trends Report 2023: Observability Advances Automation and Empowers Innovation, Yet Adoption Still in Early Stages"},"content":{"rendered":"

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IT Trends Report 2023: Observability Advances Automation and Empowers Innovation, Yet Adoption Still in Early Stages<\/b><\/p>\n

\nAhead of IT Pro Day 2023, SolarWinds report Lessons From Observability Leaders<\/i> finds enterprises that leverage observability increase operational efficiency and grow revenue<\/p>\n

AUSTIN, Texas–(BUSINESS WIRE<\/a>)–SolarWinds<\/a> (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, released the findings of its 2023 IT Trends Report: Lessons From Observability Leaders<\/i>. The report explores how enterprises can act proactively to maximize the advantages of their observability solutions, integrate best practices into implementations, and mitigate common adoption challenges. The report also found that companies implementing observability benefit from increased operational efficiency, faster innovation, and better business outcomes overall.<\/p>\n

\nThe new report is released in advance of IT Pro Day 2023<\/a>, which falls on September 19 this year, and highlights a stark contrast between enterprises that have embraced observability and their peers who have not. Among the findings, the survey uncovered that observability leaders\u2014those who follow best practices to leverage observability and report experiencing better business and IT outcomes as a result \u2014are three times more likely to say their organization is doing extremely well with growing revenue, more than twice as likely to say the same about operational efficiency, and 2.5 times more likely to say they\u2019re excelling with the speed of innovation. Observability leaders also gave higher ratings to their organization\u2019s employee experience, including lower levels of reported employee burnout and fewer skill gaps on their teams.<\/p>\n

\nThese takeaways come at a critical time, as IT environments become increasingly complex, and companies experience more challenges in efficiently addressing IT issues as a result. According to the findings, the typical enterprise suffers from an average of nine brownouts or outages every month, lasting around twelve hours each, at an average annual cost of $13.7MM. Observability has emerged as a solution to not only preemptively detect anomalies and potential issues before they escalate into full-blown outages but to proactively address those issues at the root cause and prevent future outages.<\/p>\n

\n\u201cOutages and security concerns are no longer just an IT problem, and observability is no longer just an IT solution,\u201d said Jeff Stewart, Field CTO and vice president, global solutions engineering at SolarWinds. \u201cThe better business, innovation, and technology outcomes experienced by observability leaders prove the benefits to every level, department, and employee. The findings of this year\u2019s report should serve as an urgent call to action for business leaders who believe they can\u2019t afford to invest in observability tools\u2014when the truth is that we\u2019re rapidly entering a landscape in which companies simply can\u2019t afford to risk being without them.\u201d<\/p>\n

\nThe survey also highlighted trends among the observability leaders reporting fewer and less frequent challenges in their ecosystem, finding the majority are:<\/p>\n