Thursday Mar 12, 2015

HBR Finds Lack of IT/Business Partnership is Top Roadblock to Digital Innovation

Research shows that companies integrating digital technologies such as social, mobile, cloud, and analytics into their business strategy are 26% more profitable than peers in their industries. 

Yet, a recent study by Harvard Business Review’s research arm indicates that the biggest barrier to driving digital innovation in the enterprise is the IT / business partnership.

The need for speed is a driving factor, with business decision makers wanting faster response times from IT, and often outsourcing apps or other IT functions if they can’t get them. At the same time, IT is spending most of its resources just keeping the lights on and getting bogged down by increasing complexity (exacerbated by 3rd party apps and “shadow IT”). However, according to the HBR survey, the majority of business managers prefer to work with their internal IT departments vs. outsourcing.

So what’s the solution? It has to be multi-faceted to incorporate people, processes, and technology…all in an effort to drive tighter business and IT alignment. 

I’m going to talk about this topic in-depth with Abbie Lundberg, contributing editor for Harvard Business Review Analytic Services during a webcast on March 18 at 10am PT. If you’re interested, please register to join us and participate in the live chat. 

I’d also like to hear your opinion. Does your company have strong IT/business alignment? If so, what do you do that works? What do you think the biggest challenges are?

Tuesday Jan 27, 2015

Is Your Company Prepared to Thrive or Merely Survive?

When I speak with CIOs about what they're concerned with, I hear a lot of talk about staying competitive by leveraging IT to drive business transformation. In a recent survey of about 100 business leaders, Gatepoint Research found that organizations are turning to vendor-integrated hardware and software solutions to drive business transformation, while simultaneously achieving cost-effective performance, adaptability, and security goals. When asked how IT could better address business needs, respondents indicated that IT has to be integral to the business:

    •    67% of respondents stated that IT has to offer access to business-critical data in real-time
    •    61% say upgrades and new roll-outs have to occur seamlessly, stay out of the way
    •    57% say they must be confident of the system’s security


What do you think about these survey findings? Do they reflect what you're seeing in your own business? To read about the survey in more detail, you can download the Gatepoint Research white paper here.



In addition, I'll be talking on February 4 at 10:00 a.m. PT with Doug Barth, founder of Gatepoint Research and Aaron DeLosreyes, Senior Director of Oracle Technology Practice for Cognizant, about these findings and their implications during a webcast. I hope you can join us - information about the webcast is here: http://ora.cl/WuG.


Harish Venkat is Vice President of the Global Hardware Systems Business Group at Oracle Corporation. Follow him on Twitter @hvenkat1.

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Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ:ORCL), visit www.oracle.com.

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