Eighty per cent of Australian CIOs say AI will be critical to IT’s ability to master increasing IT complexity, according to a global study of 800 CIOs. According to the Dynatrace report – which interviewed 50 Australian CIOs – 80 per cent of Australian CIOs are concerned that rising IT complexity could soon make it extremely difficult to manage performance efficiently and effectively. Digital transformation, migration to the enterprise cloud and increasing customer demands are creating a surge in IT complexity and the associated costs of managing it, according to the report, 2019 global report ‘Top Challenges for CIOs in a Software-Driven, Hybrid, Multi-Cloud World.’ “As complexity grows beyond IT teams’ capabilities, the economics of throwing more manpower at the problem no longer works,” said Dynatrace founder and CTO Bernd Greifeneder. “Organisations need a radically different AI approach. According to the report, Australian CIOs’ biggest concerns if IT performance becomes too difficult to manage includes the following: inability to provide a good customer experience (68 per cent); impact on company reputation (45 per cent); lost revenue (43 per cent); threat to the existence of our business (53 per cent); impact on customers’ livelihoods (43 per cent); and impact on public services (43 per cent). The study also finds that Australian businesses have suffered an average of six IT outages where user-experiences, business revenues or operations were impacted in the last 12 months. It also reveals that 78 per cent of Australian organisations don’t have complete visibility into the performance of applications in cloud native architectures. Ninety per cent of Australian CIOs say increasing complexity and the challenges of keeping a Configuration Management Database (CMDB) up to date in real time is making service management more difficult. The report also finds that 86 per cent of Australian CIOs say monitoring the performance of micro-services in real-time is almost impossible, while 84 per cent of Australian CIOs find it a frustration that IT teams have to spend time setting-up monitoring for different cloud environments/providers when deploying new services and have an average of 12 monitoring tools deployed. Additionally, Australian CIOs say an average of 34 per cent of IT teams’ time is spent tackling digital performance problems, while the average organisational overhead for dealing with performance problems is $2.87 million, up 21 per cent from 2018. Related content brandpost From edge to cloud: The critical role of hardware in AI applications The rise of generative artificial intelligence By Broadcom Jun 06, 2023 5 mins Machine Learning Artificial Intelligence brandpost The new value calculator: Levers for business optimization Squeezing maximum value out of your data is not only about cost-savings—it’s time to create significant potential by transforming your competitive position. By Sandrine Ghosh Jun 06, 2023 5 mins Data Management brandpost The new wave of data observability Innovative ‘applied observability’ can detect issues and diagnose their root causes swiftly and effectively. By Sandrine Ghosh Jun 06, 2023 4 mins Data Management brandpost Let Business Needs Guide Your Winning Data Team With skill shortages continuing, IT leaders must optimize their data science team investment. Start with your organization’s key objectives. By Paul Gillin Jun 06, 2023 3 mins Business Intelligence Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe