'Severe' network outages costing $160bn globally | Computer Weekly
Briefly

Cisco's research highlights the pivotal role of network infrastructure in generating financial value for organizations, revealing key trends among senior IT leaders. The study indicates that with networks becoming strategic priorities, there is an urgent need for smarter, more secure, and adaptive infrastructures, particularly as demands for AI and real-time capabilities grow. Despite current successes in improving customer experiences and operational efficiency, IT leaders face critical challenges such as outdated systems and manual processes which undermine potential growth. The urgency for investment in advanced network technologies is reinforced by an overwhelming consensus on the expected revenue and cost benefits of enhanced networking.
The modern network must evolve to be smarter, more secure, and more adaptive, reflecting an architectural shift that prioritizes strategic networking for business growth.
IT leaders acknowledge that bridging gaps such as siloed systems and incomplete deployments is crucial to fully realize the potential of smarter networks.
Cisco's study underscores that improved networks are not just about performance; nearly 89% of leaders believe they will directly drive revenue.
While current networks deliver financial value, much of that is at risk; infrastructures must be AI-designed to avoid future challenges.
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