By adopting a leading observability practice, an organisation can understand its entire digital footprint and reduce the impacts of downtime. Sixty-eight percent of observability leaders say they are aware of application problems within minutes or seconds of an outage, which is 2.8 times faster than the rate of beginning organisations.
Observability can help organisations gain a competitive advantage, according to The State of Observability 2024 report by Splunk and Enterprise Strategy Group.
Organisations with highly mature observability practices (or observability leaders) were found to achieve a 2.6x annual return on their investments (ROI) across areas like operational efficiency and uptime. They resolve issues faster, boost developer productivity, control costs and improve customer satisfaction.
