Lack of Integration Results in Lost Opportunities

 
 
By Dennis McCafferty  |  Posted 11-01-2017 Email
 
 
 
 
 
 
 
 
 
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    Lack of Integration Results in Lost Opportunities
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    Lack of Integration Results in Lost Opportunities

    All together now? IT leaders believe that a lack of integration is making their company miss business opportunities and is limiting its ability to compete.
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    Uncoordinated Effort
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    Uncoordinated Effort

    67% of the IT decision-makers surveyed said their organization has missed out on business opportunities over the last year due to poor technology integration.
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    ROI Statement
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    ROI Statement

    88% said better integration will enable their company to increase revenue, and 74% of CIOs said successful integration will prove crucial to staying competitive over the next five years.
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    Biggest Benefits of Better Integration
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    Biggest Benefits of Better Integration

    Improved productivity: 73%, Increased data accessibility: 68%, More efficient workflows: 57%, Greater profitability: 54%, Faster, more accurate decision making: 48%
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    Relentless Demand
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    Relentless Demand

    60% of the IT decision-makers surveyed said their company is deploying multiple new apps "all the time" for business needs.
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    Room for Improvement
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    Room for Improvement

    40% said app deployment takes too long, and 39% said their organization struggles to integrate new apps into existing systems.
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    Improvement Areas, Part I
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    Improvement Areas, Part I

    62% would like to see their organization improve its data integrity, and 51% would like to see their company shift more quickly to cloud apps and services.
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    Improvement Areas, Part II
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    Improvement Areas, Part II

    47% of the IT decision-makers surveyed want better analytics and insights, while 40% would like the automation of business processes.
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    Market Saturation
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    Market Saturation

    86% said their company has either completely adopted an integration platform as a service (iPaaS) solution, or is in the process of doing so.
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    Useful Tool
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    Useful Tool

    98% feel that master data management (MDM) could help their company, with 65% of them saying it would improve data accuracy and consistency, and 60% saying it would enhance data analysis.
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    Low Maintenance
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    Low Maintenance

    44% of the IT decision-makers surveyed said their company uses a low-code app development solution, and 50% of them said these solutions accelerate time to market and improve the ease of app maintenance.
 

The majority of companies are losing out on opportunities to boost revenue due to a lack of IT integration, according to a recent survey from Dell Boomi. The resulting "Connected Business" report states that successful integration initiatives will improve productivity by creating more efficient workflows, while supporting faster, more accurate decision making. For now, however, such scenarios appear out of reach, especially as users need to continually adopt multiple new apps to respond to business demands, but encounter slow app integration and deployment in the process. "Organizations clearly recognize the critical need for integration to improve efficiency, visibility and competitive advantage as the pace of business accelerates and new applications are deployed," said Chris McNabb, Boomi CEO. They can make "millions of dollars in bottom- and top-line impact by becoming a connected business, as well as the ability to drive digital transformation." The findings also include insights about the adoption of technologies such as integration platform as a service (iPaaS) and master data management (MDM), and we've included some of those here. An estimated 400 U.S. IT decision-makers took part in the research.

 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

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