More than three-quarters of Chief Information Managers agree that fast access to new technology capabilities is a vital part of helping them launch new products, enter new markets, and respond to changing demand at the pace customers demand and competitors worry about. This being said, an IT company that is versatile and responsive to changing trends is what businesses need to look for. One way to deal with this growing complexity is through responsive IT that helps IT teams rapidly reallocate resources as new opportunities emerge, switch between a range of models for developing technology, and become more flexible in how they engage with other stakeholders.
In response, many IT teams invest in “advanced capabilities,” which allows IT to answer senior executives that want proof they have “done something.” However, the evidence is clear that today’s security investments are not working. And tools are next to useless if information security teams haven’t already done the basics: put the right controls in place and hired staff with the right skills. Most firms haven’t yet done this; for example, over 99% of information security breaches exploit a vulnerability that has been known for more than one year but that the company was still unable to patch.
To accelerate speed to market, IT functions should make changes to infrastructure service models, technology roadmaps, and business case development. Companies that do this can meet these short-cycle demands and improve speed of delivery by as much as 10 times, at a lower cost to serve