Digital Business Transformation Requires Collaboration
The evolution of information technology (IT) leadership — sometimes driven by the line of business (LoB), sometimes by the legacy IT organization — is reaching a state of balance where business-IT collaboration sets the stage for meaningful digital transformation.
Hybrid IT Nirvana: Digital Growth + Digital Trust
Leveraging the inherent benefits of cloud service offerings, organizations are now focused on the potential of utilizing IT infrastructure for innovation, process improvement, streamlined operations, entering new markets, and the creation of a preemptive response to potential disruption by new tech start-ups.
Cloud IT Infrastructure Demand Continues to Fluctuate
According to IDC, vendor revenue from sales of IT infrastructure products for cloud environments — including public and private cloud — declined 10.2 percent year-over-year in the second quarter of 2019 (2Q19), reaching $14.1 billion.
How to Refocus Enterprise IT on Value Creation
“With just 10 percent of IT allocated to generating new business value, incumbents are not battle ready when it comes to contending with nimble tech players. As any investor would tell you, place your resource bets where you believe there is value.”
via McKinsey
Why Digital Transformation Challenges the IT Status Quo
“Bain research has found that only 12% of all corporate transformations achieve their targets, and, while we are in the early days with many stories still being written, digital transformations appear even harder.”
via Bain & Company
Digital Transformation Skills to Fuel New Growth
IDC estimates that the lack of available IT skills will result in over $90 billion in lost revenue annually in Europe by 2020. Across the globe, there is a huge demand to attract the right emerging skillsets needed to excel in digital transformation.
via IDC UKI
Bridging the Leadership Gap Between Tech and Business
“Enterprise IT has a brand problem. It has lost trust with its customers — from C-suite stakeholders to individual contributors — who have come to associate IT with bottlenecks, frustration, constraints, and cost overruns.”
via MIT Sloan
Business Technology Solutions and Lost Productivity
In a recent survey, 90% of C-suite executives said they paid attention to employee needs when introducing new business technology. Yet only about half of their workers agreed. This scenario typically translates into lost productivity.
via WSJ
Business Leaders Demand Improved Cybersecurity
“Seventy-seven percent of cybersecurity professionals surveyed say that business managers are pressuring the cybersecurity team to improve threat detection and response.”
via ESG
Knowledge Transfer: The CIO Competitive Edge
How will savvy CIOs and their organizations prepare for the next few years? They’ll invest in attending key IT industry events, and participate in uplifting knowledge transfer activities. Join your peers at Think 2019 in San Francisco.
via LinkedIn
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