TRENDING
transformation can be a major enabler of
that,” said John McKnight, Vice President of
Research, Enterprise Strategy Group.
“It’s clear that IT transformation is
increasingly resonating with companies
and that senior executives recognise how IT
transformation is pivotal to overall business
strategy and competitiveness. While
achieving transformation can be a major
endeavour, our research shows ‘transformed’
companies experience real business results,
including being more likely to be ahead of
the competition in bringing new products
and services to market, making better, faster
data-driven decisions than their competition,
and exceeding their revenue goals.”
This year’s 4,000 participating organisations
were segmented into the same IT
transformation maturity stages:
• Stage one: Legacy (6%): Falls short on
many – if not all – of the dimensions of
IT transformation in the ESG study
• Stage two: Emerging (45%): Showing
progress in IT transformation but having
minimal deployment of modern data
centre technologies
• Stage three: Evolving (43%): Showing
commitment to IT transformation and
having a moderate deployment of
modern data centre technologies and IT
delivery methods
28
INTELLIGENTCIO
“
WHILE ACHIEVING
TRANSFORMATION
CAN BE A MAJOR
ENDEAVOUR,
OUR RESEARCH
SHOWS
‘TRANSFORMED’
COMPANIES
EXPERIENCE
REAL BUSINESS
RESULT.
• Stage four: Transformed (6%): Furthest
along in IT transformation initiatives
This year’s findings show organisations
are progressing in IT maturity and
generally believe transformation is a
strategic imperative.
• 96% of respondents said they have
digital transformation initiatives
underway, either at the planning stage,
at the beginning of implementation, in
process, or mature
• Respondents whose organisations have
achieved transformed status are 16
times more likely to have mature digital
transformation projects underway
versus legacy companies (66%
compared with 4%)
• Transformed organisations were more
than twice as likely to have exceeded
their revenue targets in the past year
compared with legacy organisations
(94% compared to 44%)
• 84% of respondents with mature digital
transformation initiatives underway
said they were in a strong or very strong
position to compete and succeed
IT transformation maturity can accelerate
innovation, drive growth, increase IT
efficiency and reduce cost. More specifically:
• Transformed organisations are able to
reallocate 17% more of their IT budget
towards innovation
• They complete three times more IT
projects ahead of schedule and are 10
times more likely to deploy the majority
of their applications ahead of schedule
• Transformed organisations also report
they complete 14% more IT projects
under budget and spend 31% less on
business-critical applications. n
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