SAN FRANCISCO, Sept. 23, 2020 (GLOBE NEWSWIRE) -- BigPanda, Inc., provider of the first Event Correlation and Automation platform powered by AIOps, today revealed the results of an IDG Research survey conducted in the early days of the pandemic. The study explores challenges IT Ops, NOC, DevOps and SRE teams face as their organizations race to capture the digital-led market. The results of the survey show that, in addition to managing complex and ever-changing IT environments with many different tools, teams are now plagued with an increasing volume of IT incidents and outages which results in customer churn and costly service outages.

"An influx of data from multiple tools, coupled with low levels of automation, can have a paralyzing effect on IT incident management processes,” said Jen Garofalo, IDG’s Research Director. “More than 40% of respondents indicate IT incident remediation is handled with a mix of manual and automated processes, while another 20% report these processes are mostly manual."

Complex environments lead to longer incident management cycles
Nearly one-quarter of respondents (22%) have 20 or more distinct IT teams supporting the different IT and business services at their organizations. On average, enterprises use 20 different monitoring and observability tools to detect potential issues with infrastructure, applications and services. The average respondent reports that infrastructure is hosted in more than one location including on-premises infrastructure (60%), public cloud (57%), private cloud (47%) and commercial data centers (24%).

Nearly half of IT Ops professionals, 47%, said coordinating IT incident or outage detection, analysis, and response across siloed IT teams is the biggest challenge they face. Reasons why include:

• More than 14,000 alerts are generated from IT monitoring tools on average, and nearly two-thirds of respondents (65%) report that alerts have increased in frequency over the past 12 months.
• More than four in 10 alerts (44%) are caused by infrastructure or software changes made by someone in the organization who doesn’t have visibility across all systems to understand the impact of their change.
• Respondents report an average of 12 hours to determine the root cause of a P1 (major) incident.
• Further, the survey uncovered the largest business impacts of IT incident management challenges, including increased operating costs (43%), delays in time to market (42%) and decreased IT Ops productivity (41%).

While all of this is happening, more applications are being built and put into production — nearly three-quarters of respondents (74%) expect Development/DevOps workloads to increase over the next 12 months, with 30% expecting a significant increase.

"For a variety of reasons, the COVID-19 pandemic is accelerating the pace at which enterprises are digitally transforming. This, in turn, increases the challenge facing IT Operations teams to keep their companies running smoothly,” said Assaf Resnick, co-founder and Chief Executive Officer for BigPanda. “The IDG report clearly shows that corporate executives are not just driving business teams to increase their digital footprint - they are doubling-down on IT’s parallel effort to adopt AI and automation in order to support those new revenue-generating initiatives.”

A majority of respondents (79%) expect budgets for IT Operations to increase over the next 12 months (34% significantly, 45% somewhat). This will be reflected in multiple areas including automating IT incident management, increasing communication/knowledge sharing and improving IT monitoring and event correlation, all of which were cited by more than 50% of respondents.

Meanwhile, most respondents have heard the term AIOps, and 44% are considering or already have a solution with AIOps in place. Those who are considering or already have a solution with AIOps in place are most likely to leverage it to automate IT incident response. Overall, respondents are most interested in the potential to leverage AIOps to accelerate IT incident and outage resolution.

In the end, the survey confirmed that modern and constantly evolving IT environments require a best-of-breed IT operations toolkit. To read the full results of the survey and to learn how BigPanda and its AIOps solution can help organizations better identify and resolve IT infrastructure incidents, click here.

Why BigPanda
BigPanda helps businesses prevent and resolve IT outages with their platform for Event Correlation and Automation, powered by AIOps. Without BigPanda, IT Ops and DevOps teams struggle with manual and reactive incident response capabilities that are badly suited for the scale, complexity and velocity of modern IT environments. This results in painful outages, unhappy customers, growing IT headcount and the inability to focus on innovation.

Fortune 500 enterprises such as Intel, Cisco, United, Nike, Marriott and Expedia rely on BigPanda to prevent outages, reduce costs, and give their teams time back for digital transformation. BigPanda helps organizations take a giant step towards Autonomous IT Operations by turning IT noise into insights and manual tasks into automated actions. BigPanda is backed by top-tier investors including Sequoia Capital, Mayfield, Battery Ventures, Greenfield Partners and Insight Partners. Visit www.bigpanda.io for more information.

Media contact:
Sammy Totah
BOCA Communications for BigPanda
bigpanda@bocacommunications.com