Study Shows Legacy Decisions, Technology and Perceptions Are Impacting Innovation and Business Performance
Brocade have launched the results of its latest global study, "Unlocking the Power of Digital Transformation: Freeing IT from Legacy Constraints," which identifies that businesses are missing opportunities to unlock innovation more quickly and more effectively due to legacy technology and historical misperceptions about the role of IT departments. According to the report, more than 70% of IT teams felt that if they had more opportunities to be flexible in their approach to technology, benefits would include increased competitiveness (36%), more time to focus on innovation (31%), the elimination of shadow IT (30%), a 12% increase in revenue and 10% decrease in costs over the next 12 months.
It wasn't supposed to be this way...
The new study, that looked at the current state and perceptions of the IT department in U.K., U.S., Germany, Singapore, France and Australia, reveals that daily tasks, such as maintaining data security and privacy and legacy systems, are taking so much time (73% and 63% cited as taking most time respectively), that opportunities to innovate and transform are being missed in many businesses. In addition, 72% of respondents felt frustrated when the IT department could not readily deliver what the business needs.
"For the last two decades, legacy IT infrastructure held back businesses from innovating on their terms. The IT department has found itself having to say 'no' to new business opportunities too often. It wasn't supposed to be that way," said Christine Heckart, chief marketing officer and senior vice president of ecosystems, Brocade. "Modern New IP technologies unlock the power of the network as a platform for innovation enabling the IT department to be able to say 'yes' to all kinds of business opportunities that surface daily in today's era of digital transformation. The network is the critical key to unlocking the power of digital transformation and freeing the IT department from legacy constraints that hinder innovation."
Freedom from legacy 'lights on' approach critical to future innovation and performance
While digital transformation is a big priority, IT professionals are faced with making trade-offs that impact their ability to embrace new technologies and approaches. Eighty-seven percent of respondents are currently adopting digital transformation strategies, with 94% claiming their CIO views this as...