SYS-CON MEDIA Authors: Adrian Bridgwater, Yeshim Deniz, Elizabeth White, Sean Houghton, Glenn Rossman

Blog Feed Post

Free your mind and innovation will follow

70% of businesses say a focus on everyday IT tasks is holding them back - and just one in 10 use innovation to drive competitive advantage

February 6th, 2014 - Executives are spending up to 85% of their IT budget just "keeping the lights on" - and say their businesses are being held back as a result.

A new report by Automic, the world's most comprehensive platform in automating businesses, shows that executives believe strongly in the ability of technology to be transformative and a key driver towards innovation. Despite this, just 10% say they are using innovation to drive competitive advantage.

While 85% of respondents believe that achieving technological transformation is critical to driving innovation in the next three years, 70% say they haven't taken advantage of new technology to run the business more efficiently. The same number say they're being held back by having to focus on everyday tasks.

Fear factor
Fear also prevents executives from making the changes needed to achieve real innovation. A third (32%) feel fearful of the risks inherent in pursuing edgy new ideas that might not succeed, hesitant of the risks and the damage this might cause to them personally and their team. Three quarters (75%) believe that organisational reform is required to not just push innovation up the agenda, but make it happen successfully with limited risk. 70% argue that with better everyday processes, innovation could be much more effective.

Make like a start-up
An overwhelming 90% of respondents believe innovation is too slow in large businesses, while 75% say innovation is held back by cultural issues inherent to many large organisations. 70% are envious of the mobility that start-ups are able to demonstrate from their lack of legacy systems.

The changing role of the CIO
Nearly half of CIOs say their role has become bigger and three-quarters believe innovation is a core discipline. But at the same time 64% complain their role is too prescriptive - and a focus on the everyday leaves them struggling to effect innovative change.

Craig Beddis, CMO, Automic, says: "The Internet of Things and new developments in cloud, big data and SaaS are poised to create a technological explosion. These technologies provide a platform to achieve results, but only if CIOs adopt new roles to extend IT's future strategic position in the enterprise. The need for CIOs to be more proactive in driving strategy and educating their C-level peers remains vital if transformation is to take place.

"The need now is for CIOs to evolve into 'Chief Innovation Officers' to ensure they not only survive but thrive in this new world. Addressing automation and integrating business operations for cost reductions and efficiency gains remains the first step to enable strategic projects. Free your mind and innovation will follow."

Automic has identified a three-pronged approach to innovation:

  • RUN THE BUSINESS - Ensure operational business processes run faster, smarter and with the least amount of risk
  • BUILD THE BUSINESS - Ensure the release of applications and updates happens at high frequency without any negative consequences to operations
  • TRANSFORM THE BUSINESS - Develop true innovation through visibility of new opportunities.

Download the whitepaper here: http://offers.automic.com/the-impact-of-technology-on-innovation

-Ends-

Methodology
The research was undertaken from Nov 2013 - Dec 2013 by face-to-face interviews on a non-attributable basis, with a sample set. A cross-industry sample of US, UK and German companies were included.

For more information, please contact:
Sammy Jamieson / Jen Ferguson
[email protected]
08453 700 655

About Automic
Automic is the most comprehensive platform for automating businesses globally. We help more than 2,500 companies - from start-ups to global brands - grow their business by taking away the stress of the everyday so they can focus on innovating. We do this through automating every aspect of their business to eliminate errors, ensure compliance, reduce costs and maintain services while providing a full dashboard for business leaders.

Founded in 1985, in Austria, Automic is owned by EQT, the leading private equity group in Northern Europe following the acquisition from The Carlyle Group in 2012 for $270 Million.

http://automic.com/

Twitter: @AutomicSoftware
LinkedIn: http://www.linkedin.com/company/14837?trk=tyah
Facebook: http://Facebook.com/automicsoftware
Vimeo: http://vimeo.com/automicsoftware

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

Latest Stories
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, focused on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud platfo...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
This builds on Puppet Labs' first class Windows support, including native .MSI packages for x32 and x64 operating systems, modules to extend common Windows server management tools, including Powershell, and integrations with Microsoft Azure and Visual Studio. By automating common Windows administration tasks, Puppet Labs is enabling users to adopt DevOps practices, thereby reducing the time needed to deploy applications from weeks to hours.
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.