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Showing posts with the label strategic planning

Digital Growth Drives Race to AI Readiness

Artificial Intelligence (AI) adoption is accelerating globally, transforming business and government. However, a new study by Cisco Systems reveals that while intentions to adopt AI are rising sharply, actual abilities to effectively leverage these technologies continue to lag. An overwhelming 97 percent of business leaders state that the urgency to deploy AI technologies has increased significantly or somewhat at their organizations in just the past six months. This mounting urgency is coming from the top-down, with over 50 percent saying it is being driven by their CEO and board of directors. Meanwhile, the C-suite is being tasked to prepare for action. As a result of this mounting pressure, 95 percent of organizations now have an AI strategy in place or under development. Looking ahead, 84 percent believe AI will have a major impact on their business operations. New AI Deployments Underway Many organizations have already started an AI deployment, prioritizing IT infrastructure and d...

How to Reach Digital Business Goals with IT-as-a-Service

Senior executive expectations have been raised for traditional IT organizations that broker cloud computing services for their internal business stakeholders. Besides, there's a belief that the lack of dimension maturity can slow digital service innovation outcomes. As a result, International Data Corporation (IDC) now predicts that by 2016, 65 percent of global competitive strategies will require real-time IT-as-a-Service (ITaaS) solutions. The ability of CIOs and their  IT organizations to grasp how business wants cloud computing services that serve actual business needs -- not traditional IT components -- is significantly altering the ways in which service management is achieving success. Quest for Competitive Strategic Advantage New business technologies are fundamentally altering how IT organizations function, how business is conducted, and how enterprises compete in the marketplace. IDC believes that this environment requires IT to deliver services that are focused o...

Business Technology Literacy in the Cloud Computing Era

What if you could deploy a new IT service shortly after you defined the requirements? And, just imagine the bliss, if your IT spend could directly translate into a competitive advantage. Predicting the ROI would be relatively easy. You would be the envy of your peer group. Unfortunately, as most senior executives already know, it's never that simple. Typically, you perform the technology assessment due diligence up-front, you place your bets based upon the most compelling guidance, and then you closely monitor the results. It's an iterative process, where confidence builds over time. Maybe that's why new business technology spending tends to be aligned with a past success. But this procurement model doesn't adapt very well in response to unanticipated significant market events or the rapid acceleration of unplanned technology migrations. Moreover, tight budgets and other resource constraints can severely limit an organization's ability to react quickly to chan...

Big Data: Visualizing the Strategic Business Imperative

The term Big Data is going to become a key part of the forward-looking business technology debate among informed, proactive and ICT savvy executives. But what's really driving the growing demand for meaningful solutions? While most companies are collecting, storing and analyzing data, they continue to struggle with both the business and IT challenges of Big Data -- more data is not necessarily better. Enormous amounts of data are being generated daily by smartphones, sensors, video cameras, smart meters, and other connected devices, adding to the huge store of information from traditional sources. This "data avalanche" represents a potential gold mine of insights, but a new study commissioned by Cisco reveals that IT professionals and businesses are challenged to extract strategic value from their data. The Cisco Connected World Technology Report ( CCWTR ) surveyed IT professionals across 18 countries to examine the IT readiness, challenges, technology gaps, ...

Role of a Chief Innovation Officer for the 21st Century

Has your organization fully prepared to take advantage of enterprise mobility solutions and associated cloud service offerings? If not, then perhaps you lack the leadership of a savvy CIO -- that is, a Chief Innovation Officer that can enable your business for prosperity in the Global Networked Economy. In the current operating environment, organizations need to improve the efficiency of business processes and provide better services and innovative products to customers through both established and emerging channels to ensure competitive advantage in the global marketplace, according to the latest market study by Ovum . Their research revealed that IT is under pressure to combine existing resources and infrastructure with emerging technologies to deliver the desired functionality in the most cost-effective and time-efficient manner. Communications enablement can reduce the latency associated with human involvement in business processes and provide many benefits such as more effic...

Demand for Cloud Services Among Government Agencies

While much of the market attention on cloud services adoption tends to be focused on private enterprise applications, government agencies potentially have a lot to gain from its widespread use. The cost-savings and scalability advantages of the cloud have been clear to those savvy IT leaders that are informed, but government adoption has been hampered by some unique challenges -- and the absence of a compelling mandate. That is, progress was slow until the " Cloud First " initiative was launched. IDC has released a status update that details the growing demand for cloud services and enterprise architecture resources among U.S. government agencies. Their latest market study focuses on the results of an IDC Government Insights survey, which measured the progress of cloud solutions at government agencies -- while also examining the related architecture needs. The results of the comprehensive survey revealed that despite the growing demand for cloud services, many IT mana...

Opportunities for Advancement in an Economic Downturn

Can the current economic environment actually create an opportunity? Even though the present financial crisis will adversely affect capital investment, the uncertainties are also creating new demand for the application of certain business technology offerings. "In particular, ICT solutions that shift costs from a capital to variable component, focus on productivity increases and cost reduction, and support organizational restructuring and acquisitions are likely to see growing demand," says Andrew Milroy, ICT director at Frost & Sullivan . Four Areas of New Demand This belief that there will be a strategic increase in IT demand is the result of the consulting company's latest global market study. While their assessment acknowledges some ICT setbacks, it identifies four key areas that are likely to experience heightened demand -- sustainable IT; outsourcing, managed and hosted services; information management tools; and those services that support mergers and acquisiti...

Gaining the Freedom to Fuel BT Innovation

Without a doubt, the reason why most business decision makers consider an out-tasked solution -- based upon a managed service offering -- is still primarily the need for cost-reduction. Clearly, that's a valid motivation for any business leader. But, it's only a part of the inherent benefit that can be attained by choosing to play this particular game with a very different set of rules. Ask yourself, if your IT organization can rarely find the time to invest in meaningful business innovation activity, then shouldn't you consider the common reasons why -- and seek out the proven methods to proactively apply an alternative approach? Innovation stuck in a holding pattern According to a Forrester Research market assessment , a fundamental "lack of time available to invest in innovation" is one of the main reasons given by CIOs and their staff to explain why they're unable to participate in substantive new business impact activity. In reality, they're consumed ...