Business Standard

Only 40% of businesses happy with network capabilities, shows data

94% say business demands for increased speed, agility and innovation are driving new operating models

network capabilities

Network dependency is expected to grow and shift to new trends for smarter networks in the coming two years

Shivani Shinde
Almost 70 per cent of CEOs believe their network maturity level is hurting business delivery, NTT’s Global Network Report has found. 

The adoption of hybrid, distributed work environments with multiple connected devices is erupting through enterprises but, despite investments, just two in five businesses say they are very satisfied with their current network capabilities. 

The result is a new era of network modernisation. A majority of executives rely on it to enable business growth (>90%) and support artificial intelligence (AIOps) (91%). 

Key findings:

Network & digital transformation
  • 97% of CIOs and CTOs agree networks are vital for enabling outcomes related to business growth
  • 70% of CEOs
Topics : Businesses

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First Published: Oct 30 2022 | 7:47 PM IST

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