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      "text": "We learned that leading companies are making sizeable investments, spending close to 24% of their total IT budgets, to bolster network connectivity. Forty-five percent of executives said they have seen 6% or more growth in network investment during 2021-22, while a greater number, 75%, said they are planning to grow investments by that amount during 2022-25.",
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      "text": "Executives also acknowledged that a modern network is a pre-requisite to transforming the business, enabling better outcomes for companies’ workforce, customers and partners. Eighty-four percent cited increasing customer value, improving productivity and lowering costs as the top three business impacts expected from network transformation. Two-thirds of the executives confirmed having a unified network strategy in place at their organizations instead of ad-hoc or local management.",
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      "text": "Yet, current investments are heavily weighted towards maintaining legacy networks. Evaluation of companies’ maintenance and modernization budgets for the last four years shows that almost half of overall network budgets are still spent on maintenance activities. While the share of maintenance has been on the decline, the pace of change is too slow.",
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