A recent survey of enterprise IT executives conducted by OpsRamp, a provider of IT operations tools, finds more than half of the survey respondents (58%) still expect to increase their annual technology budgets significantly or moderately this year, while 38% plan to reduce their technology spending significantly or moderately.
However, regardless of IT spending plans, nearly three-quarters (73%) said they expect to either accelerate or maintain digital transformation initiatives and projects. The only way to accelerate the building and deployment of modern digital business applications is to embrace best DevOps practices. Organizations are quickly discovering that not only have the timetables for these projects been accelerated, but also digital business applications need to be updated continuously. End users have come to expect applications to expose a regular cadence of new features and updates. They also expect those applications to be secure no matter what vulnerabilities have been discovered and when. The only way to live up to those expectations is to accelerate the rate and reliability of new features and functions added to an application.