How to gain a competitive advantage rapidly in modern networks

Zetatech Digitalization Report reveals a surge in enterprise digitalization over the past 15 years, with network capacity lagging behind other digital investments. A staggering 86% of enterprises report that the expanding data demands of their new AI systems have surpassed the capabilities of existing networks. Current network investments are predominantly allocated to maintenance, resulting in underperforming networks across the board. Directing network budget towards modernization holds the key to enhanced business resiliency and cost efficiency, sparking a ripple effect of innovation. Explore the full report to uncover insights on how a modern network seamlessly connects and empowers the digital core, fostering total enterprise reinvention through future innovation, new products, services, and experiences.

In the Last 14 Years, Zetatech has observed an incredible 152-fold increase in digitalization, marked by the adoption of digital technologies and growth in data, devices, storage, cloud, compute, and connected endpoints. Surprisingly, during this period, network capacity has only grown 43 times, and innovation spend on networks has merely doubled. This evident gap reveals that digitalization is advancing faster than network capacity and modernization spending. Bridging this divide necessitates increased investment in network modernization.

A line graph illustrates the stark contrast, with digitalization showing a remarkable 152x growth, while network capacity lags at 43x, and network spend shows a linear 2x growth.

The surge in digitalization, coupled with the influx of new technologies available to enterprises and the escalating volume of generated and utilized data, is straining existing networks. As data continues to expand and generative AI becomes more prevalent, these demands will intensify.

Recognizing the limitations, businesses are acknowledging that current networks are turning into bottlenecks.

Executives recognize that a modern network is essential for transforming the business and delivering improved outcomes for the workforce, customers, and partners. However, an analysis of maintenance and modernization budgets in the past four years reveals that nearly half of the network budget is still allocated to maintenance.

The slow update of old-fashioned networks often causes a chain reaction of tech problems, less innovation, and higher costs. It's obvious that a change is necessary. The network of the future needs to be modern, supporting upcoming technologies and innovation, not just costing money and keeping the company stuck in the present.

Three crucial steps for updating your network

Our study reveals that these advanced practices are crucial for advancing network maturity and ensuring business resiliency. Companies that successfully implement them effectively reduce risks across all areas.