Summary
This document is a research report produced by IDC Custom Solutions that outlines the business value of deploying Splunk within manufacturing organizations. It details the significant benefits achieved by interviewed organizations, including a reduction in the complexity of security and observability operations. The report presents IDC's estimates indicating that these organizations realized an average annual benefit of $18 million, leading to a three-year return on investment (ROI) of 480%. The report highlights various operational efficiencies, such as a 32% increase in security operations team efficiency, an 80% increase in identified threats, and a 55% reduction in impactful security incidents. Additionally, it notes improvements in application management, IT and operational technology (OT) monitoring, and overall performance, including less unplanned downtime. The findings are supported by customer quotes emphasizing the enhanced visibility and predictive maintenance capabilities enabled by Splunk, which contribute to improved operational efficiency across departments.
