Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.
Companies are placing a greater value on high performing IT professionals as IT demands continue to escalate. According to Puppet's fourth annual DevOps Salary Report, IT professionals overseeing large environments — typically 500 servers or more — command the highest salaries, between $100,000 and $125,000, as compared to those overseeing environments of 100-500 servers, with salaries between $75,000 and $100,000, and those overseeing environments of 100 servers or less, with salaries between $50,000 and $75,000.
The report finds that salaries also vary by the degree of manual configuration management. Practitioners who reported their manual configuration management at less than 25 percent are likely to earn more than practitioners whose configuration management is more manual — that is, less automated. Of the practitioners whose configuratiion management is less than 25 percent manual, 61 percent earn $100,000 or more (compared to 55 percent for practitioners with more manual configuration management) and 39 percent earn less than $75,000 (compared to 45 percent for those who exceed 25 percent manual configuration management).
As more enterprises fundamentally change the way they deliver IT services and software to users around the globe in support of digital transformation efforts, they are also challenged with finding the right talent to help increase deployment speed and innovation. To address these issues, they are adopting new processes, technologies and cultural norms to keep pace with the rapid rate of change. This year's salary report reveals that organizations are investing more heavily in talent and positions that better support DevOps as they rush to transform their businesses and remain competitive.
Other key findings revealed in the 2017 DevOps Salary Report include:
■ The most common job titles reflected are DevOps engineer and software engineer, accounting for 29 percent of respondents. Other respondents included architects (10 percent), system engineer (8 percent) and system administrator (7 percent).
■ Organizations with the most servers pay their IT employees the highest salaries, with IT professionals more likely to earn $100,000 or more if they work for an organization with more than 500 servers.
■ IT practitioners in the U.S. continue to earn higher salaries than their counterparts around the world, with the most common annual salary being in the $100,000-$125,000 range for the second year running.
■ IT manager salaries have fallen in the U.S. and are now commensurate with the most common range for U.S. IT practitioners, $100,000-$125,000, compared to the most common salary in 2016 of $150,000 and higher.
Methodology: The salary report is based on data collected from 3,200 professionals across six continents.
Industry News
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, has announced significant momentum around cloud native training and certifications with the addition of three new project-centric certifications and a series of new Platform Engineering-specific certifications:
Red Hat announced the latest version of Red Hat OpenShift AI, its artificial intelligence (AI) and machine learning (ML) platform built on Red Hat OpenShift that enables enterprises to create and deliver AI-enabled applications at scale across the hybrid cloud.
Salesforce announced agentic lifecycle management tools to automate Agentforce testing, prototype agents in secure Sandbox environments, and transparently manage usage at scale.
OpenText™ unveiled Cloud Editions (CE) 24.4, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work.
Red Hat announced new capabilities and enhancements for Red Hat Developer Hub, Red Hat’s enterprise-grade developer portal based on the Backstage project.
Pegasystems announced the availability of new AI-driven legacy discovery capabilities in Pega GenAI Blueprint™ to accelerate the daunting task of modernizing legacy systems that hold organizations back.
Tricentis launched enhanced cloud capabilities for its flagship solution, Tricentis Tosca, bringing enterprise-ready end-to-end test automation to the cloud.
Rafay Systems announced new platform advancements that help enterprises and GPU cloud providers deliver developer-friendly consumption workflows for GPU infrastructure.
Apiiro introduced Code-to-Runtime, a new capability using Apiiro’s deep code analysis (DCA) technology to map software architecture and trace all types of software components including APIs, open source software (OSS), and containers to code owners while enriching it with business impact.
Zesty announced the launch of Kompass, its automated Kubernetes optimization platform.
MacStadium announced the launch of Orka Engine, the latest addition to its Orka product line.
Elastic announced its AI ecosystem to help enterprise developers accelerate building and deploying their Retrieval Augmented Generation (RAG) applications.
Red Hat introduced new capabilities and enhancements for Red Hat OpenShift, a hybrid cloud application platform powered by Kubernetes, as well as the technology preview of Red Hat OpenShift Lightspeed.
Traefik Labs announced API Sandbox as a Service to streamline and accelerate mock API development, and Traefik Proxy v3.2.