It takes only four letters to describe the sting that line of business users feel about the rate at which their IT departments bring new applications to market. According to a September study by Harvard Business Review Analytic Services, companies need to dramatically change the way in which IT and business users work together to build applications as well as the IT infrastructure on which they’re deployed.
And this isn’t just supposition.
“Success in the digital economy is increasingly driven by a company’s ability to leverage information for real-time decision making, or to improve customer experience via customer-facing products and services,” the study noted.
Enterprises that are “digital masters” are 26 percent more profitable than peers in their industries, according to cross-industry research conducted by Didier Bonnet of Capgemini Consulting together with George Westerman and Andrew McAfee of MIT.
These companies are leveraging information from social, mobile, cloud, analytics and big data. In addition, IT and the business are working together to build applications collaboratively and in short order. And when it comes to deployment, there’s a fraction of the lag time.
This means that yesterday’s systems development life cycles, reliance on coding, and old IT infrastructures may actually prove to be a disadvantage.
Cloud, mobile, social, big data, the Internet of Things and digital have disrupted the status quo and changed the game.
For quick-thinking business leaders and technology providers this spells opportunity.
Today, Mendix and Pivotal Cloud Foundry announced a new partnership to speed Enterprise IT’s journey to the digital era.