{"id":31629,"date":"2018-04-17T10:12:38","date_gmt":"2018-04-17T02:12:38","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=31629"},"modified":"2018-04-13T16:06:59","modified_gmt":"2018-04-13T08:06:59","slug":"organizations-overhauling-it-will-leapfrog-competition-according-to-study","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2018\/04\/17\/organizations-overhauling-it-will-leapfrog-competition-according-to-study\/","title":{"rendered":"Organizations overhauling IT will leapfrog competition, according to study"},"content":{"rendered":"

Dell EMC<\/a>\u00a0announced the results of new research conducted by Enterprise Strategy Group (ESG) into the benefits of IT Transformation, which validates that IT Transformation can result in bottom-line benefits that drive business differentiation, innovation and growth.<\/strong><\/p>\n

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IMAGE FROM PIXABAY.COM<\/p><\/div>\n

Today\u2019s business landscape is rife with disruption, much of it driven by organizations using technology in new or innovative ways. In order to survive and thrive in today\u2019s digital world, businesses are implementing new technologies, processes and skillsets to best address changing customer needs. A fundamental first step to this change is transforming IT, to help organizations bring products to market faster, remain competitive and drive innovation.<\/p>\n

Based on\u00a0ESG\u2019s 2018 IT Transformation Maturity Study<\/a>\u00a0commissioned by Dell EMC and Intel,\u00a081%\u00a0of survey respondents agree if they\u00a0do not embrace IT Transformation, their organization will\u00a0no longer be competitive\u00a0in their markets,\u00a0up from 71% in 2017.<\/p>\n

88%\u00a0of respondents say their organization\u00a0is under pressure to deliver new products and services\u00a0at an increasing rate.\u00a0Transformed\u00a0organizations are\u00a022x\u00a0as likely to be\u00a0ahead of the competition\u00a0when bringing new products and services to market. Also, transformed\u00a0organizations are\u00a02.5x\u00a0more likely to believe they are in a\u00a0strong position to compete and succeed\u00a0in their markets over the next few years. Similarly, transformed\u00a0companies are\u00a018x\u00a0more likely to make better and faster\u00a0data-driven decisions\u00a0than their competition and are 2x as likely to exceed their revenue goals.<\/p>\n

\u201cData is the new competitive edge \u2013 yet it\u2019s become highly distributed across the edge, the core data center and cloud.\u00a0 Organizations realize they have to move quickly to turn that data into business intelligence \u2013 requiring an end-to-end IT infrastructure that can manage, analyze, store and protect data everywhere it lives,\u201d said Jeff Clarke, vice chairman, products and operations, Dell Technologies.<\/p>\n

The ESG 2018 IT Transformation Maturity Study follows the seminal study commissioned by Dell EMC, the\u00a0ESG 2017 IT Transformation Maturity Study<\/a>, and was designed to provide insight into the state of IT Transformation, the business benefits fully transformed companies experience, and the role critical technologies have in an IT Transformation. ESG employed a research-based, data-driven maturity model to identify different stages of IT Transformation progress and determine the degree to which global organizations have achieved those different stages, based on their responses to questions about their organizations\u2019 adoption of modernized data center technologies, automated IT processes and transformed organizational dynamics.<\/p>\n

\u201cCompanies today need to be agile to stay competitive and drive growth, and IT Transformation can be a major enabler of that,\u201d said John McKnight,\u00a0VP of research,\u00a0Enterprise Strategy Group. \u201cIt\u2019s clear that IT Transformation is increasingly resonating with companies and that senior executives recognize how IT Transformation is pivotal to overall business strategy and competitiveness. While achieving transformation can be a major endeavor, our research shows \u2018Transformed\u2019 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.\u201d<\/p>\n

This year\u2019s 4,000 participating organizations were segmented into the same IT Transformation maturity stages:<\/p>\n