40%+ Of Firms Lose Revenue From Technology Downtime And Cloud Complexity
Cloudtech, Tuesday, October 24,2023
55% of enterprises are struggling to derive meaningful insights from their data, highlighting an industry-wide need to deliver technology faster, more reliably and in more places, according to a survey by Hitachi Vantara, the modern infrastructure, data management and digital solutions subsidiary of Hitachi.
The survey revealed ongoing challenges related to security, inflexible systems, isolated data, a skilled labor shortage, and the need for infrastructure agility. These challenges are heightened by rising data complexities, rigid technology environments, and increasing costs due to aging or legacy infrastructure.
The 'Embracing ITaaS For Adaptability and Growth' study surveyed 213 IT leaders across North America and Europe to assess the IT as a Service (ITaaS) market with a focus on subscription- and consumption-based models. The survey exposed major legacy infrastructure challenges causing IT decision-makers to report negative impacts on their businesses.