IT and Business Units Share Tech Responsibilities
IT and Business Units Share Tech Responsibilities
As the line between IT and the business blurs, they are working closely to address barriers to digitization: security threats, software challenges, data issues.
Can-Do Attitude
73% of the professionals surveyed are either highly or extremely confident in applying tech innovation and functions to business goals.
Productive Force
43% said technology enables business processes, and 39% said it drives business outcomes.
Influential Component
36% said tech plays a critical role in strategy, and 34% said their organization is redefining its business based on IT.
Consolidated Effort
30% said they have established strong collaboration between business and tech functions, and 23% said that every project is a tech project.
Fiscal Projection: IT Department
51% of the survey respondents at large organizations and 60% of those at midsize companies said their IT department’s tech budget is increasing.
Fiscal Projection: Business Units
42% of the survey respondents at large organizations and 56% of those at midsize companies said the tech budget in business units is increasing.
Top Priorities for IT
Infrastructure: 35%,
Innovation: 26%,
Integration: 20%
Top Data Challenges
Need to fully utilize existing data: 44%,
Demand to perform analytics faster: 43%,
Need better ways to present data: 37%,
Issue of highly segmented data: 35%
Most Challenging IT Functions
Security: 50%,
Software development: 47%,
Data-related tasks: 44%
Respected Party
59% of the survey respondents said IT still plays a primary role in strategic decision making.
