74% of CIOs Fear IoT Performance Problems Can Impact Business

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IoT will become a major burden for performance management as the CIOs struggle to overcome the increasing complexity of their modern enterprise cloud environments

Nearly 74% of CIOs globally are concerned that performance problems related to internet of things (IoT) could directly affect the operations of business and significantly hurt the revenues of the company, according to a survey by Dynatrace, a software intelligence company.

“Around 78% of CIOs said there is a risk that their organisation will roll-out IoT strategies without having a plan or solution in place to manage the performance of the complex cloud ecosystems that underpin IoT rollouts,” revealed the independent global survey conducted on 800 CIOs.

IoT will become a major burden for performance management as the CIOs struggle to overcome the increasing complexity of their modern enterprise cloud environments, predicted 69% of CIOs.

Commenting on the findings, Dave Anderson, Digital Performance Expert, Dynatrace, said, “Businesses across every industry are eagerly exploring IoT’s potential to engage new markets, drive new revenue and create stronger competitive advantage. However, IoT ecosystems and delivery chains are intricate and boundless, which creates unprecedented frequency of change, size and complexity in the cloud environments on which they are built. Enterprises are already struggling to master cloud complexity and now IOT substantially magnifies this challenge.”

Challenges organisations face

The survey also looks into the challenges organisations are facing to maintain smooth software experiences as they continue to implement IoT ecosystems.

73% IT leaders have concerns that it is difficult to identify the responsible party when performance problems arise as there are a number of third-parties and several internal resources involved in IoT solutions delivery chains.

The CIO’s also believe that it is impossible to master the complexity of IoT manually. Nearly 84% of the respondents said that artificial intelligence (AI) capabilities and automating most of the processes that aid IoT deployments will play a key role in the success of their IoT strategies.

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