Why Some Business Execs Think IT Can Be Replaced
Many business executives believe that IT is not excelling at innovation, and some have concluded that third-party vendors could do the tech department’s job.
80% of the tech and business executives surveyed said their company’s business and tech departments should collaborate on a digital strategy, but only 55% said this is happening now.
58% of IT executives said that “organizational context and culture” hold back CIOs from being responsible for various tech activities.
43% of business executives believe that IT is either significantly or fully replaceable by third-party services.
Only 8% of the tech and business executives surveyed said IT is very effective at leading the design of e-commerce and online experiences.
Just 10% said IT is very effective at developing analytics use cases.
Only 12% of the tech and business executives surveyed said IT is very effective at identifying cutting-edge or innovative technologies.
Just 12% said IT is very effective at leading digital transformations across business, and 10% said the same about IT’s ability to lead IT-wide transformations.
45% of the tech and business executives surveyed said IT creates the most value for their company via business-process enablement, but only 17% expect IT to create value by doing this five years from now.
39% said IT creates the most value for their company through operational stability and management, but just 7% anticipate that IT will create value by doing this five years from now.
43% of those at companies in which CIOs are very involved with business strategies said their digital initiatives have a significant business impact, but only 23% of those at other businesses made this claim.