Is your organization ready? A Value - Driven IT ~ Future of CIO. In many organizations, IT is still being portrayed as a help desk, back office function and cost center, a business outsider, while IT is supposedly to be an integral and critical part of IT.
At what point does IT no longer have to deal with the continuing discussions that include the phrase "IT and the business"? How should IT build its value proposition, and gain a solid reputation as a value creator, innovation engine, customer champion, talent master, business catalyzer and beyond? First start by ensuring IT is in fact marketable. Is the IT organization seen as part of the solution or a part of the problem? You must "toot your own horn," but make sure it does not backfire. Be Digital or Be Extinct – the existential question. The era of “Digital Darwinism” is upon us.
Businesses today have no choice but to adopt digital technologies or run the risk of being left in the digital dust by native digital companies which simply understand technology better and have deployed it more quickly and more effectively. The good news is that most companies realize the importance of digital. However, the corollary to that is that many still consider digital as “nice to have” or “cool” rather than treating it as business critical.
Digital is no longer a luxury; we must either be digital or be extinct – there is simply no middle ground. Among those businesses that “get digital,” arguably all have taken simple steps like refreshing their Web and social presence; many others are taking orders online, creating mobile apps, running social media campaigns, etc. to reach their customers and prospects. Four_pillars_of_digital_transformation.pdf. Apigee-Digital-transformation-ebook-11-2013.pdf. Accenture_Technology_Vision_2015. Digital-transformation.pdf. Cognizanti_Issue10_Interior_complete-forsmall. Gold-Coast-2014-Exec-Summary-Report.pdf. EY-CIOs-Born-to-be-digital. Posted on November 11, 2014 Software maintenance costs typically comprise up to 75% of the total cost of ownership of each application.
With so much investment and energy dedicated to keeping the lights on, finding a way to better allocate IT resources — even just by a marginal amount — can have tremendous impact on your organization's capacity to innovate. Introducing CAST Highlight's new software maintenance effort estimation Based on the widely used COCOMO® II model, our new software maintenance indicator provides IT organizations with an estimated number of FTE — developers and QA staff — required to maintain each application. Imagine identifying which systems are disproportionately draining your maintenance budget, and getting better insight into resourcing requirements to improve planning and budgeting.
Visit our Software Maintenance release page to learn more and to see a sample of our new software maintenance comparison graph, and read the press release. The_Digital_Advantage__How_Digital_Leaders_Outperform_their_Peers_in_Every_Industry. The Nine Elements of Digital Transformation. In-depth research with executives at a wide range of companies shows how managers can use technology to redefine their businesses.
Digital transformation — the use of technology to radically improve performance or reach of enterprises — is a hot topic for companies across the globe. Executives in all industries are using digital advances such as analytics, mobility, social media and smart embedded devices as well as improving their use of traditional technologies such as ERP to change customer relationships, internal processes and value propositions.
Other executives, seeing how fast digital technology disrupted media industries in the past decade, know they need to pay attention to changes in their industries now. Complementary to my last post on the urgency to refocus the discussions around “Social” and “Enterprise 2.0” I would like to add some thoughts on the “how-to” for starting the digital transformation initiative.
Again to make it clear – the general consensus about the digital transformation is not to implement some “fancy” new technologies or to use social media as a new marketing channel. The digital transformation is about re-adjusting the corporate thinking towards a culture of digital DNA. In this I follow the nice definition of R. Digital_Transformation__A_Road-Map_for_Billion-Dollar_Organizations. The-Digital-Enterprise-Vol-5-1013-1. Closing the gap between executives and digital transformation.
Many organizations today are findings themselves at the digital crossroads: They have an enormous stake in how the business operates today, yet the world is changing at an all-time fast rate, requiring ever greater commitment to change, often down multiple competing paths.
The frustration is knowing which are short-term fads and which actually represent crucial long-term shifts in the technology market that organizations simply must invest in. For example, betting everything on IT usage shifting to say, tablet devices, would have turned out to be unwise, while not seriously investing in private cloud, in preparation for the next key step to hybrid and public cloud, almost certainly would not have been. The candidate list for key emerging technologies for our businesses continues to grow and now consists of hundreds of entries, well-summarized by Gartner's yearly Hype Cycle. That's not to say that the business side isn't pushing into the latest forms of digital business as well.
No easy road to digital transformation. Financial services companies are urged to take a holistic approach to effectively transform their business for the digital era.
This was largely the consensus among senior-level IT executives of major banking and insurance firms during a recent roundtable entitled “The Innovative Financial Enterprise – Transforming the Status Quo into Competitive Excellence” jointly hosted in Hong Kong recently by Enterprise Innovation and HCL Technologies Limited.
“Do not think in silos, think of it as a whole process. Make sure you have the right people in business centers that can work with IT, and then you can be more agile and more innovative,” said Richard Paddock, head of technology at Fidelity Worldwide Investment Hong Kong. Sans titre. Capgemini Consulting France.