IT connection: Application performance challenges mean millions of dollars lost

07/11/2008


Application Performance Management: The Life-cycle Approach Brings IT and Business Together , a new benchmark report issued by Boston-based Aberdeen Group , finds that application performance issues are impacting overall corporate revenues by up to 9 percent. Additionally, end-user organizations say these issues affect employee productivity and satisfaction, customer satisfaction, and brand recognition.
Around 58 percent of organizations surveyed are unsatisfied with the performance of applications currently in use.
"A proactive approach to managing application performance is no longer optional," claims Bojan Simic, research analyst, Aberdeen. "Organizations may ignore IT department discussions on improving application response times, availability, and Mean Time to Repair, but what can no longer be ignored is the impact that application performance has on some of the key business metrics.
"With organizations reporting that application performance issues could impact corporate revenues by an average of $117 million annually, creating a business case for application performance management projects is no longer a problem just for IT management," Simic continues. "Rolling out new applications is the top IT investment for 2008, and issues with the performance of these applications are significantly impacting some of the metrics that CEOs and CFOs care about the most."
The report says on an annual basis, Best-in-Class companies spend an average of $96,000 more on application performance management solutions as compared to Laggards, while being able to mitigate the risk of losing $117 million annually due to application performance issues. What allowed Best-in-Class organizations to outperform the overwhelming majority of their peers was not the selection of a few capabilities that have the strongest impact on application performance, but instead selecting a mix of capabilities that allow organizations to manage the full life cycle of application performance management. This approach includes deployment of capabilities for predicting, monitoring, analyzing, and optimizing application performance.
Download the report.





No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Additive manufacturing benefits; HMI and sensor tips; System integrator advice; Innovations from the industry
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Integrated mobility; Artificial intelligence; Predictive motion control; Sensors and control system inputs; Asset Management; Cybersecurity
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me