Nimble Storage Research Study Reveals U.S. Companies May Be Losing as Much as $7.5B of Worker Time Annually

SAN JOSE, CA--(Marketwired - Apr 27, 2016) - Nimble Storage (NYSE: NMBL), the leader in predictive flash storage, today released global survey results revealing the impact application performance delays have on company performance. The 'Mind the Gap' report, which Nimble Storage produced in collaboration with Oxford Economics, found that delays in propagating and refreshing application data -- the app-data gap -- can cause significant productivity drains and economic losses. Based on a calculation derived from the survey results, U.S. companies may be losing as much as $7.5 billion of worker time annually due to delays and downtime.

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The report surveyed nearly 3,000 IT professionals and business application users based in the U.S., Germany, U.K., Australia, Singapore and Southeast Asia. Nearly two-thirds of all respondents and 76 percent of U.S. respondents reported that the speed of applications they use significantly impacts their ability to perform their best in the workplace. IT professionals, however, don't appear to be aware of the magnitude of the problems residing within their own companies, allowing the small delays from the app-data gap to add up to big headaches. While more than 40 percent of business users say they avoid using some software applications at work because they run too slowly, only 18 percent of IT professionals think their users are either unsatisfied or very unsatisfied with the way software systems work at their companies. A corresponding report, "Can Machine Learning Prevent Application Downtime?" analyzes data collected by Nimble Storage and points to the most pertinent hurdles impacting the speed at which companies access the data that powers applications.

Mind the Gap: How Application Delays Affect Company Performance 
Key survey findings:

• U.S. companies may be losing as much as $7.5 billion of worker time annually due to delays and downtime.
• More than 40 percent of business users avoid using certain applications at work because they run too slowly.
• Nearly three-fourths (71 percent) of all business users experience some level of delays while accessing software at work, with 28 percent saying they experience delays "all the time."
• Over 50 percent of all respondents say they are less tolerant of delays than they were five years ago.