Most Organizations Need Increased IT Infrastructure Budget to Navigate Pandemic
Report reveal 75% organizations require increased infrastructure budget for new tools, technologies and collaborative networks in the face of pandemic
August 06, 2020
Share this

Most organizations (75% of those surveyed) find the need to upgrade outdated infrastructure and invest in new technologies, according to the State of IT Infrastructure 2020 report from global information technology, consulting and business process services company, Wipro Limited.


In addition, 81% of enterprises are reskilling their existing workforce to increase digital penetration, signifying major changes on the horizon for IT infrastructure.

With uncertainty in demand, there is a rapid shift in channel preferences, the large-scale adoption of work from home brings new challenges for businesses and their suppliers, according to the report.

Additional highlights from the report on IT infrastructure include:

■ In an enterprise, on an average 43% of the IT infrastructure spend budget is used for transforming the business. This suggests that there is considerable scope for innovation.

■ 24% organizations do not have a single cloud partner. The single-largest expense account will be for data center cloud, heralding a new phase in cloud adoption as organizations move from a "cloud-first" to a "cloud smart" approach.

■ 54% organizations will be adopting containers, a trend that will make open source a more compelling choice across IT infrastructure.

■ Rapid evolution of software-defined resources and emergence of AIOps to advance automation programs

Methodology: The annual study is based on three months of primary and secondary research including surveys of C-level executives, vice presidents, business unit leads. These respondents belong to the Banking, IT Services Insurance, Industrial and Process Manufacturing, Utilities, Oil & Gas, Communications, Securities and Capital Market, Automotive, Consumer Packaged Goods, and other industries. The poll was conducted across UK, North America, Asia Pacific Region, Continental Europe, Middle East, and Latin America.

Share this

The Latest

December 03, 2024

We're at a critical inflection point in the data landscape. In our recent survey of executive leaders in the data space — The State of Data Observability in 2024 — we found that while 92% of organizations now consider data reliability core to their strategy, most still struggle with fundamental visibility challenges ...

December 02, 2024

From the accelerating adoption of artificial intelligence (AI) and generative AI (GenAI) to the ongoing challenges of cost optimization and security, these IT leaders are navigating a complex and rapidly evolving landscape. Here's what you should know about the top priorities shaping the year ahead ...

November 26, 2024

In the heat of the holiday online shopping rush, retailers face persistent challenges such as increased web traffic or cyber threats that can lead to high-impact outages. With profit margins under high pressure, retailers are prioritizing strategic investments to help drive business value while improving the customer experience ...

November 25, 2024

In a fast-paced industry where customer service is a priority, the opportunity to use AI to personalize products and services, revolutionize delivery channels, and effectively manage peaks in demand such as Black Friday and Cyber Monday are vast. By leveraging AI to streamline demand forecasting, optimize inventory, personalize customer interactions, and adjust pricing, retailers can have a better handle on these stress points, and deliver a seamless digital experience ...

November 21, 2024

Broad proliferation of cloud infrastructure combined with continued support for remote workers is driving increased complexity and visibility challenges for network operations teams, according to new research conducted by Dimensional Research and sponsored by Broadcom ...

November 20, 2024

New research from ServiceNow and ThoughtLab reveals that less than 30% of banks feel their transformation efforts are meeting evolving customer digital needs. Additionally, 52% say they must revamp their strategy to counter competition from outside the sector. Adapting to these challenges isn't just about staying competitive — it's about staying in business ...

November 19, 2024

Leaders in the financial services sector are bullish on AI, with 95% of business and IT decision makers saying that AI is a top C-Suite priority, and 96% of respondents believing it provides their business a competitive advantage, according to Riverbed's Global AI and Digital Experience Survey ...

November 18, 2024

SLOs have long been a staple for DevOps teams to monitor the health of their applications and infrastructure ... Now, as digital trends have shifted, more and more teams are looking to adapt this model for the mobile environment. This, however, is not without its challenges ...

November 14, 2024

Modernizing IT infrastructure has become essential for organizations striving to remain competitive. This modernization extends beyond merely upgrading hardware or software; it involves strategically leveraging new technologies like AI and cloud computing to enhance operational efficiency, increase data accessibility, and improve the end-user experience ...

November 13, 2024

AI sure grew fast in popularity, but are AI apps any good? ... If companies are going to keep integrating AI applications into their tech stack at the rate they are, then they need to be aware of AI's limitations. More importantly, they need to evolve their testing regiment ...