How Digital Transformations Make IT Profitable

How Digital Transformations Make IT Profitable

How Digital Transformations Make IT ProfitableHow Digital Transformations Make IT Profitable

Digitally transformed organizations have an edge when it comes to completing IT projects ahead of schedule and under budget, and they’re leaders in innovation.

Secure PositionSecure Position

85% of the senior IT leaders at companies considered digitally transformed said their organization is in a strong or very strong position to compete and succeed in their market for the next few years, compared to only 43% of those at legacy organizations who made that claim.

Report Card, Part IReport Card, Part I

51% of those at transformed organizations—but just 12% of those at legacy companies—said their IT department is making excellent progress in automating manual technology processes and tasks.

Report Card, Part IIReport Card, Part II

47% of those at transformed companies¬—but only 7% of those at legacy organizations—said they are making excellent progress toward running IT as a profit center.

Time ElementTime Element

34% of those at transformed organizations said their IT projects are completed ahead of schedule, compared to just 11% of those at legacy companies who said this.

Fiscally SoundFiscally Sound

25% of those at transformed companies said they complete IT projects under budget, but just 15% of those at legacy organizations said they meet that goal.

Innovation AllocationInnovation Allocation

The transformed organizations surveyed designate an average of 46% of their IT spend for new projects and initiatives, but the legacy companies spend only 34% on average.

Value StatementValue Statement

49% of those at transformed companies—but only 28% of those at legacy organizations—said their IT department is viewed internally as a valued service provider.

Distinct AdvantageDistinct Advantage

21% of those at transformed organizations said their IT initiatives are viewed as competitive differentiators, while just 3% of those at legacy companies made that claim.

Dennis McCafferty
Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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