Many organisations are struggling with the constant challenge of getting IT to contribute more to the business than reducing costs and improving productivity. It’s something we’ve touched on with Rob Jenkins’ series of posts, but it’s an ongoing issue, and it will come as no surprise to you that Gartner has conducted a lot of research around the topic.
In a VMware publication featuring a research note entitled CIO Advisory: The New Economics of IT, Gartner focuses specifically on how CIOs can ensure IT not only helps drive innovation and the adoption of new business models, but provides actionable insight to achieve these aims. It looks at how to blend people, processes and technology to shift cultural perceptions and divert technology spend to opening up more business opportunities.
This is a subject we believe in passionately and this week VMware’s Chief Cloud Technologist Joe Baguley has been discussing with CIOs and European media the key issues raised in the research note with Leigh McMullen, Gartner Research Director and part of the Gartner CIO research team for the report. The publication is supported by VMware case studies from the likes of the University of Oxford, NYSE Euronext and Groupe Adeo and explores how they have harnessed cloud technologies to embrace the new economics of IT and remain competitive. As well as the research note, there’s a video featuring Leigh discussing the issues with Joe. Leigh is one of the industry leading thinkers on the changing face of the IT function, and his insights are must-read for anyone trying to tackle the issue of turning IT into a business asset.
The video with Leigh and Joe drills down into the new ways of doing business if organisations are going to remain competitive through to 2015. Fundamentally, a cultural shift needs to be led by the entrepreneurial CIO. We agree with this central point as the majority of businesses that we are talking to have, or plan to adopt, cloud computing as a way of streamlining IT; and are also talking to us about methodologies and best practice that will enable them to ‘bring their people with them on the journey’’. This of course needs to happen in parallel to driving transformation across all layers of IT service, from infrastructure through applications to end users.
So the new economics of IT is an area we’re going to be coming back to again in the future, and we’d love to hear your thoughts. If you’ve been going through some of the issues touched on, or would like to take a look at the note, let us know below, or send a tweet to @vmware_uk.