The Digital Business Reality
With the rise of digital business initiatives, the role of data has become much more important. Nearly half (49%) of the organizations that ESG surveyed stated that data is their business, and another 31% expected to offer data-centric products and services in the future.1 Unfortunately, traditional IT is often falling behind the curve in these efforts. Line-of business executives surveyed by ESG were four times more likely to say they considered their company’s IT group to be a business inhibitor versus a competitive differentiator (25% versus 6%).
Among the executives who believed their IT organization was inhibiting business success, the two most commonly identified reasons behind that opinion were that their workers were having difficulty accessing the data they needed for business operations and analysis (43%) and that their IT organization’s processes to deploy IT services took too long (43%).2
Clearly, a need exists for IT leaders to expand their role—to take a focused approach to developing a data strategy for the whole organization. That approach should address the needs of line-of-business teams efficiently and effectively, and it should be based on leveraging tools that span disparate infrastructure environments…