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Published on: July 22, 2010
Type of content: WHITE PAPER
Format: Unknown
Length: 7 pages
Price: FREE

Overview:

This industry analyst research discusses that most organizations have economized considerably during the last two years, and recognize that this approach must continue for the foreseeable future as the economic environment remains volatile, and keener competition for revenues dictates the need to be lean and mean. At the same time, it is broadly accepted that strategic needs in the next economic phase dictate the earliest possible organizational transformation, in order to be best positioned for the more intense competition that is fully expected in recovering markets. 

Ovum believes that there are increasing expectations of the role of IT to support and enable the recovery, through accelerating business transformation and increasing business agility. The most mature areas of business-critical technology and IT infrastructure are often those in which opportunities for transformation remain untapped - despite deep understanding typically being available of the risks and architectural disadvantages entailed in their continued use, as well as the readily evident cost issues. Modernizing these technologies would unlock funding that can be used to strengthen and grow the organization, and overcome any disadvantage relative to competitors who might already be achieving the benefits of more cost-effective and productive operating models.