Pure
Storage in partnership with
Wakefield Research, released a new report identifying the obstacles
organizations across industries face in today's digital economy while on
the path to modernization, and the investment priorities they are
focused on to support business growth.
The new report, "IT Leader Insights: The State of IT Modernization Priorities and Challenges Amid Economic Headwinds,"
reveals the need to evolve from legacy infrastructure in order to reap
the full benefits of emerging technologies investments.
Survey Highlights:
The survey, fielded among 500 IT buyers at companies of 500+ employers across the U.S. and Europe, found that:
- More Than Half of IT Buyers are Prioritizing AI/Machine Learning and Sustainability Technology Investments:
IT buyers have cited that their top investments planned for the next
five years are AI/machine learning (52%) and sustainable technology
(51%). While less than half (46%) predict they'll invest in
infrastructure automation or orchestration.
- Nine in 10 IT Buyers Admit to Buying Tech Their Infrastructure Could Not Support:
An overwhelming 90% of IT buyers stated that the pressure of their
digital transformation agenda led them to buy technology their
infrastructure could not support-and 74% say this resulted in being
unable to deploy new technology to leadership's full expectations.
- IT Buyers Continue to Feel Pressured to Invest in New Technologies:
More than 3 in 5 IT buyers (62%) feel pressured all the time or often
to make decisions on purchasing technology based on current needs
without fully exploring the consequences of these decisions in the
longer term. Seventy-six percent expect increased scrutiny on purchasing
decisions over the next five years.
- Nearly All IT Buyers Plan to Modernize IT Infrastructure to Drive Meaningful Outcomes:
Nearly all survey respondents (99%) plan to modernize their IT
infrastructure to better support future technology investments over the
next five years, of which 73% are planning significant upgrades. The top
areas of IT infrastructure in need of updates to better support
adopting new technology include network and security (58%), data
management or storage (52%) and data center facilities (50%).
Industry Significance:
Digital transformation has accelerated at lightning speed, bringing
an unprecedented need for IT modernization. In the face of economic
headwinds, IT teams are still focused on operationalizing and supporting
new digital initiatives, but with the added pressure of tighter budgets
and lower staffing levels.
Amidst current inflation and recessionary concerns, IT teams must
strike a complex balance between supporting critical IT services for
their organization and setting up a foundation on which future
initiatives can thrive. With thoughtful investments, organizations can
keep vital systems running efficiently while accelerating their ability
to keep pace with digital transformation.
Executive Insight:
"Investments in emerging
technology such as AI and Machine Learning are exciting ventures for
organizations interested in gaining a competitive edge, but without a
modern IT infrastructure foundation the long-term success of these
investments is at critical risk. The findings in our report show how
agile IT leadership will need to continue to challenge legacy
infrastructure solutions in order to simplify their core structure, in
turn driving significant efficiency and flexibility to fuel their
future." -- Shawn Rosemarin
Vice President, R&D and Customer Engineering, Pure Storage
Read the full
IT Leader Insights: The State of IT Modernization Priorities and Challenges Amid Economic Headwinds report and methodology.