The market of network performance monitoring and diagnostics (NPMD) has seen extraordinary growth since 2017. The use of network monitoring is the modern way to manage the efficiency of a company’s network. With this technology, organizations can extract valuable data from their network and utilize it for business insight. According to a Gartner report, the NPMD market was valued at $2.1 billion with a compound annual growth rate of 15.9 percent. Needless to say, the potential business opportunities that come with using network monitoring are vastly rewarding.
The information sitting within corporate network systems can hold untouched, valuable data for the company. With network monitoring, organizations are able to access this data with ease and use it for their benefit. According to Network World, being able to obtain and analyze it has useful information has become a large challenge for companies looking to improve the productivity of users.
Bring your own device (BYOD) policies have become popular among organizations. Employees of large companies are invited to use their own laptops, computers and tablets for work purposes instead of navigating company devices. While convenient on one hand, this trend can lead to network chaos without proper monitoring systems. By closely monitoring the performance of the clouds, Wi-Fi and IoT, organizations can ensure employees can access these networks with ease using any device.
As businesses become increasingly reliant on technology in their daily operations, a properly running network is necessary for business production. According Business Wire, a national survey conducted by ZK Research reported that close to 60 percent of network administrators are spending more than a quarter of their time troubleshooting Wi-Fi issues. Network monitoring can establish a more accessible network and promise users more time for productivity by mitigating network problems before they occur.
To learn more about the capabilities of network monitoring, visit MDL Technology’s Network Monitoring page to see how your business could benefit from our services.