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Being efficient at work – whether as an individual or a team at a company – is all about using uptime wisely and keeping downtime at arm’s length. In the tech world of creating good software, observability tools, which measure the ability of the internal states of a system as determined by its external outputs, are all about helping developers use their work time more effectively.
With this in mind, data management platform maker Splunk, in collaboration with the Enterprise Strategy Group, today released the State of Observability 2022, a second annual global report that examines how observability is moving from first movers to mainstream business in shaping how organizations work.
Observability leaders lead in more ways
The biggest takeaway researchers found, according to Spiros Xanthos, SVP and general manager of observability at San Francisco-based Splunk, is that the most sophisticated observability practitioners (those with three or more years of experience using the tools) are able to cut their company’s downtime costs by a whopping 90%. Turned into dollars, this means savings of an estimated $23.8 million annually on average, as compared to $2.5 million per year for observability-tool beginners (those with less than three years’ experience with the tools).
Other key data points in the research include:
- Observability leaders have launched 60% more products or revenue streams ...