Splunk’s The State of Observability 2024 report, in collaboration with Enterprise Strategy Group (ESG), has shown that 86% of observability leaders surveyed plan to increase their observability investments.
Benefits
Based on a survey of 1,850 IT Ops and developers, the report revealed that this is due to the benefits, such as achieving a 2.6x annual return on their investments across operational efficiency and uptime.
By adopting a leading observability practice, 68% of leading organisations become aware of application problems within minutes or seconds of an outage – 2.8 times faster than the rate of beginning organisations.
Leading organisations estimate 80% of alerts are legitimate (beginners: 54%), and 76% deploy the majority of their application code on demand (beginners: 30%).
Developers in leading organisations spend 38% more of their time on innovation than beginning organisation.
“Building a leading observability practice means being obsessed with delivering incredible digital experiences to your customers and embedding that mindset into every decision,” said Patrick Lin, senior vice president and general manager of Observability at Splunk.
Elevating Observability
The report also revealed that more than half (58%) respondents said their observability solution relies on OpenTelemetry, an open-source data collection method.
In addition, an overwhelming 97% of respondents use AI and ML-powered systems to enhance their observability operations, a leap from 66% of respondents last year.
Platform engineering
Further, 73% of respondents practice platform engineering, an approach in which software engineers use common toolchains, workflows, and self-service platforms.
The top three platform engineering outcomes were increased IT operations efficiency (55%),improved application performance (42%), and increased developer productivity (40%).
Over half (58%) of leaders consider it a competitive differentiator.
