Observability leaders achieve 2.6x ROI on operational efficiency and uptime: Splunk

Nurdianah Md Nur10-29

They resolve issues faster, boost developer productivity, control costs and improve customer satisfaction.Observability can help organisations gain a competitive advantage, according to The State of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2479257839?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-29 08:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2479257839","market":"us","top_or_hot":-1,"title":"Observability leaders achieve 2.6x ROI on operational efficiency and uptime: Splunk","media":"Nurdianah Md Nur","content":"<div>\n<p>They resolve issues faster, boost developer productivity, control costs and improve customer satisfaction.Observability can help organisations gain a competitive advantage, according to The State of ...</p>\n\n<a href=\"https://www.theedgesingapore.com/digitaledge/news/observability-leaders-achieve-26x-roi-operational-efficiency-and-uptime-splunk?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Observability leaders achieve 2.6x ROI on operational efficiency and uptime: Splunk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nObservability leaders achieve 2.6x ROI on operational efficiency and uptime: Splunk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-29 08:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/digitaledge/news/observability-leaders-achieve-26x-roi-operational-efficiency-and-uptime-splunk?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Nurdianah Md Nur</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>They resolve issues faster, boost developer productivity, control costs and improve customer satisfaction.Observability can help organisations gain a competitive advantage, according to The State of ...</p>\n\n<a href=\"https://www.theedgesingapore.com/digitaledge/news/observability-leaders-achieve-26x-roi-operational-efficiency-and-uptime-splunk?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2125909916.SGD","symbol_name":"Natixis Thematics Safety R/A SGD","start_time":0,"source_url":"https://www.theedgesingapore.com/digitaledge/news/observability-leaders-achieve-26x-roi-operational-efficiency-and-uptime-splunk?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2479257839","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479257839","pubTimestamp":1730162574,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"They resolve issues faster, boost developer productivity, control costs and improve customer satisfaction.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","BK4166":"消费信贷","BK4588":"碎股","BK4534":"瑞士信贷持仓","SPLK":"Splunk Inc","ML":"MoneyLion Inc.","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","BK4528":"SaaS概念","BK4023":"应用软件","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","BK4585":"ETF&股票定投概念"},"translate_title":"可观测性领导者在运营效率和正常运行时间方面实现了2.6倍的投资回报率：Splunk","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPLK":1,"ML":1},"content_text":"They resolve issues faster, boost developer productivity, control costs and improve customer satisfaction.Observability can help organisations gain a competitive advantage, according to The State of Observability 2024 report by Splunk and Enterprise Strategy Group.\nOrganisations with highly mature observability practices (or observability leaders) were found to achieve a 2.6x annual return on their investments (ROI) across areas like operational efficiency and uptime. They resolve issues faster, boost developer productivity, control costs and improve customer satisfaction.\nBy adopting a leading observability practice, an organisation can understand its entire digital footprint and reduce the impacts of downtime. Sixty-eight percent of observability leaders say they are aware of application problems within minutes or seconds of an outage, which is 2.8 times faster than the rate of beginning organisations.\nObservability leaders estimate that 80% of alerts are legitimate, in contrast to 54% from beginning organisations, providing greater certainty and reducing time spent on resolving false alarms. This difference in accuracy and response time is significant as customer expectations for seamless and secure digital experiences are at an all-time high.\nThe report also reveals that 76% of observability leaders deploy the majority of their application code on demand. Moreover, developers in leading organisations spend 38% more of their time on innovation instead of toilsome work like troubleshooting and triaging incidents.\nBesides that, 97% of respondents claim to use artificial intelligence (AI) or machine learning(ML)- powered systems to enhance their observability operations, as compared to 66% last year.\nFor instance, 85% of observability leaders remediate half or more of their alerts due to recommendations from AI/ML-powered tools. Nearly two-thirds (65%) lean on AIOps to pinpoint and remediate the root cause of incidents with greater intelligence and automation.\n“Building a leading observability practice means being obsessed with delivering incredible digital experiences to your customers, and embedding that mindset into every decision. Our report shows this mindset pays off. Leaders not only achieve greater success in mitigating downtime, they also see greater developer innovation and speed,” says Patrick Lin, senior vice president and general manager for Observability at Splunk.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479257839"}