Wednesday, March 22, 2023

IT Modernization Programs of Most Enterprises Are Not Future-ready

By Sudipta Choudhury - January 15, 2021 3 Mins Read

IT Modernization Programs of Most Enterprises Are Not Future-ready

With the rapid shift towards cloud and technological advances across businesses, technology leaders are still unsure about their upcoming IT needs.

Even though COVID-19 has accelerated the pace of IT transformation, IT leaders in the corporate world are skeptical about the readiness of their organizations. Many CISOs indicated they are not prepared for the forthcoming IT needs of the business – claimed a recent IBM study titled, “The State of IT Transformation Study”.

Lately, companies are increasingly moving to progress their transition to digital transformation and cloud infrastructure. IBM surveyed IT leaders, including CTOs and CIOs from mid-sized and large companies in the United Kingdom and the United States.

Nearly 60% of the respondents revealed their IT modernization program is not ready for the coming days. Surprisingly, around 24% of companies are starting their IT modernization journey or are yet to begin modernizing. Another 33% said they are still in the middle of the transformation process.

Read More: Ways CIOs Can Look Forward Building Green IT Culture

Even though technology leaders prioritize the increased urgency to accelerate transformation, migrating into a multi-cloud ecosystem brings significant challenges to many enterprises. This is primarily due to the legacy applications that are running large data pools.

This calls for the need for increased infrastructure flexibility as companies follow their digital transformation journey, cited 67% of CIOs and CTOs. This is followed by the need for globalization (54%), cost savings (58%), competitive advantage (61%), and meeting client demands (45%).

As per the study, the burdens on IT infrastructures brought by the pandemic have further hastened the requirement for cloud infrastructure, security upgrades, and professional skills development. More than 60% of the IT leaders noted that they anticipate increased demand for cloud infrastructure and be permanent.

Therefore, over 95% of the IT leaders noted about adopting public, private, or hybrid cloud strategies. Of those, some are moving at a rapid pace – the study found organizations are aggressively pursuing a public cloud plan (about 53%), a hybrid cloud strategy (48%), and a private cloud strategy (45%).

“Our clients are looking to accelerate IT modernization by leveraging cloud models – both public and hybrid, data, AI, automation and other key technologies to help shape, scale and manage more effectively massive, complex, global architectures,” explained Archana Vemulapalli, CTO and General Manager at IBM Infrastructure Services Offerings.

Indeed, in this rapidly evolving digital business landscape, businesses can bring in the right partners and the right technology in order to aggregate, integrate, and design models. Besides, it can help to keep up a scalable digital business – while enforcing effective corporate governance.

Check Out The New Enterprisetalk Podcast. For more such updates follow us on Google News Enterprisetalk News.


Sudipta Choudhury

Marketing professional with experience in B2B and MR industry. Skilled in Marketing, Strategy Making, Copywriting and Content Creation, Sales, and SEO with excellent Communication Efficiency. Holding a dual master's degree focused on Marketing from IBS, Pune and ICFAI University.

Subscribe To Newsletter

*By clicking on the Submit button, you are agreeing with the Privacy Policy with Enterprise Talks.*