Symantec (ticker: SYMC, exchange: NASDAQ Global Market (.O))
News Release -
29-Aug-2006
Symantec Survey Reveals That Application Performance Slowdowns Result in Lost BusinessEighteen Percent of Customers Polled State They Would Switch to a Competitor or Forgo Their Transaction Due to Persistent Business Application Performance DelaysCUPERTINO, CA, Aug 29, 2006 (MARKET WIRE via COMTEX News Network) -- Symantec Corp. (NASDAQ: SYMC) today announced the findings of a
survey conducted in July 2006 indicating that business application
slowdowns affect business productivity, customer loyalty, and
employee morale. Common impacts of business application performance
slowdowns include sluggish response to user commands, long delays in
business transactions or processes, and slow loading web pages.
For many organizations, web-based business applications have become
essential to daily operations with employees, customers, and business
partners. These applications include those used to run business
critical processes such as financial and accounting systems, human
resources, and inventory management. For consumers, these business
applications are the core infrastructures used to automate online
transactions such as banking, shopping, and travel.
"Application performance delays are not only costly to the top line
but they also erode invaluable business assets such as customer
satisfaction and brand loyalty," said Henri Isenberg, vice president,
server foundation and APM product group, Symantec Corp. "Customers
have high expectations for their business applications and expect
them to perform quickly and consistently. These findings emphasize
the need for proactive end-to-end performance management solutions
such as Symantec i3 that pinpoint bottlenecks, improve application
performance, and increase business efficiency."
Survey Reveals That IT Staff Spend 24 Percent of Their Time Resolving
Application Slowdowns
The survey revealed that 24 percent of IT staff time is devoted to
addressing business application performance delays. In complex
business application environments, delays can be caused by changes or
updates required to keep pace with end user demand.
Additionally, the IT professionals polled in the survey recognize
that the performance and availability of these applications directly
affect the customer experience. Of the IT managers polled, 76
percent acknowledged that persistent delays would affect customer
loyalty to their organizations.
Business Application Performance Slowdowns Affect Employee
Productivity and Morale
The findings of the study also indicate that application performance
slowdowns affect employee productivity and morale. Of the business
users polled, 86 percent stated that persistent delays would lower
their morale. In addition, 93 percent of business user respondents
noted that performance issues would affect their productivity.
Consumers Polled Cite that Persistent Delays Affect Customer Loyalty
Among the 200 consumers polled, 93 percent stated that they engaged
in online shopping. Of those that engaged in online shopping, 86
percent stated that frequent delays in their transactions such as
shopping, travel, and banking would affect their loyalty to the
service provider. In addition, of those polled, 18 percent stated
that slow online performance would cause them to switch to a
competitor or abandon the transaction altogether.
Symantec commissioned Applied Research to conduct the unaided survey
in July 2006. Survey respondents included 200 IT managers, 200 end
users in Global 1,000 organizations, and 200 consumers in North
America.
Findings Underscore Critical Need for End-to-End Application
Performance Management
Symantec recommends businesses take a proactive, end-to-end approach
to application performance management which enables the identification
and correction of problems before they affect the application user's
experience. Symantec i3 provides organizations with comprehensive
performance management tools that allow IT managers to proactively
track, monitor and diagnose performance delays across the entire
application transaction path. A key component in enabling
organizations to keep their infrastructure up and running without
sacrificing access to critical information, i3 ensures the
availability of mission-critical applications and helps manage
increasing costs and complexity across multiple tiers of the IT
architecture.
Symantec i3 is a critical component of the Symantec Data Center
Foundation, an integrated family of data protection, storage
management, server management, and application performance management
solutions. The Symantec Data Center Foundation is the only solution
that enables enterprises to standardize on a single layer of
infrastructure software across their entire data center that reduces
IT complexity, protects information and applications, improves
manageability and control of cross-platform storage and server
assets, and drives down operational cost.
About Symantec
Symantec is the world leader in providing solutions to help
individuals and enterprises assure the security, availability, and
integrity of their information. Headquartered in Cupertino, Calif.,
Symantec has operations in more than 40 countries. More information
is available at www.symantec.com.
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CONTACT:
Jessica Johannes
Symantec Corporation
(408) 517-8421
jessica_johannes@symantec.com
Amanda Jones
Connect Public Relations
(801) 373-7888
amandaj@connectpr.com
SOURCE: Symantec
mailto:jessica_johannes@symantec.com
mailto:amandaj@connectpr.com
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