Unisys Research Shows Executives Overestimate Organizations’ Ability to Achieve Key Business and IT Goals
2008-07-16 07:00:00
Research Drives New Unisys Modernization Benchmark Service to Help
Enterprises “Free”
Their Information Technology from Economic and Operational Constraints
BLUE BELL, Pa.–(EMWNews)–Recently completed research from Unisys Corporation (NYSE:UIS),
involving 1,200 organizations worldwide, shows significant gaps between
executives’ business and IT goals and their
estimation of their organizations’ ability to
achieve those objectives. Those gaps indicate that executives are not
getting the most from their business initiatives and information
technology (IT) investments, and need new approaches to modernize their
business processes, strategic applications and IT infrastructures to
address their core business challenges.
To help executives close those critical gaps, Unisys today announced the
Unisys Modernization Benchmark service. Using trend information from the
Unisys research, this service helps organizations benchmark their
current business and IT operations against those of their peers and
competitors, exposing the gaps between their desired state and their
current readiness to achieve it. This enables executives to focus on
those gaps which are likeliest to have a major impact and identify the
business and technology initiatives in which they must invest –
and the ways they must manage those investments –
to gain the greatest business advantage in the shortest timeframe.
“Too many IT executives are in a budgetary
straitjacket imposed by constricted notions of how IT can support
business,” said Dominick Cavuoto, vice
president, Global Industries and Worldwide Strategic Services, Unisys. “They’re
spending 80 percent of their IT budget on infrastructure maintenance and
funding innovation only as an afterthought. These strictures have been
imposed largely by outmoded views of IT as a cost center, not an
investment. The Unisys Modernization Benchmark service helps executives
find fresh ways of thinking so they can free IT to enable breakthrough
performance gains with low-cost operating models that deliver maximum
return on investment.”
Research Reveals Fissures between Aspiration and Execution
The double-blind Unisys study, which provides baseline information for
the Unisys Modernization Benchmark, surveyed 1,200 business and IT
executives in organizations worldwide. When asked to state their most
important business objectives, the respondents to the Unisys study
uniformly placed priority on customer-focused and customer-dependent
goals, such as acquiring new customers, building closer relationships
with existing customers, developing new products and services, growing
sales and revenue and reaching new markets.
Those executive respondents identified 10 capabilities –
nearly all dealing with information and IT investments –
that they believed were critical to achieving those business objectives.
The capabilities included ability to support innovation, IT management
practices, strategic decision-making, approach to IT investment,
communications (information flow within and between organizations), IT
sourcing model and IT security model.
Each executive was asked to rate where their organization stands today
in capability to execute in each area and where they expect the
organization to be in the next three years. In each case executive
ratings indicated a significant gap between their current readiness and
expected performance. For example:
-
62 percent of respondents expect that they will encourage innovation
or be market leaders at supporting it within three years. Yet 70
percent say that currently they have no support for innovation, or
their capability is only evolving or moderate;
-
In describing IT management practices, 52 percent of respondents
expect to treat IT as an investment or differentiator in three years,
yet 72 percent say that they currently treat it as a support function,
a means to enhance productivity or a capital expense;
-
67 percent of respondents expect to have integrated, collaborative
communications with critical stakeholders within three years, yet only
32 percent say they have such a capability now;
-
While only 51 percent of respondents have a formal, mature IT sourcing
strategy and model today, 75 percent expect to have one in three years;
-
60 percent of respondents currently rate their security model as
non-existent, limited or moderate, yet 75 percent expect their
security model to be state-of-the-art in three years.
Unisys Modernization Benchmark Service Designed to Bridge the Gap
“The research provides a valuable snapshot of
where organizations stand today relative to some significant areas of
business and IT management, and affords a valuable tool for other
businesses to assess their current states and aspirations,”
said Cavuoto. “Yet there is no guarantee that
those organizations will achieve their objectives as quickly and
comprehensively as they hope. We are offering the Unisys Modernization
Benchmark as a means to increase the chances of success for enterprise
clients. The service can help executives find a way to liberate their
business from the shackles of untested assumptions, reestablish their
priorities and free IT to take the business in a new direction.”
The Unisys Modernization Benchmark service is based on a workshop
approach. Unisys consultants help clients measure the organization’s
capabilities in six dimensions:
-
Business Resilience – how an
organization manages its processes, policies and systems –
including IT – to provide security, privacy
and business continuity;
-
Collaborative Business – the
availability and effectiveness of knowledge- and data-sharing within
and between organizations;
-
IT as a Business Enabler – how an
organization views and manages IT – whether
it treats it just as a cost center or as a strategic investment that
can drive business innovation;
-
Open Business and IT – an
organization’s commitment to innovation and
adaptability, including use of open standards and other technologies
that enable suppliers and customers to access the organization’s
systems and integrate theirs with it;
-
Green Business – the efficient and
ethical management and consumption of resources throughout the
organization’s ecosystems, including
suppliers and partners; and
-
Business Execution – the degree to
which the organization’s management can
execute business and technology initiatives to drive overall business
objectives.
By comparing the organization’s capabilities
and modernization progress in these critical areas to those of peers and
competitors, as well as to industry and market averages, executives can
re-evaluate the direction of their business and create a framework for
where and how operations must evolve to take the organization where it
needs to go.
The Unisys 3D Blueprinting approach can help clients execute their
modernization plan. This approach enables them to gain visibility into
the relationships between their business strategy, business processes,
applications and IT infrastructure. Applying the 3D Blueprinting
approach enables executives to create a plan for modernizing the
enterprise from business strategy through infrastructure. Using Unisys
modeling tools, the plan can be transformed into a high-impact solution
to dramatically enhance the client’s chances
for long-term success.
About the Research
Unisys commissioned strategic advisory firm Saugatuck Technology to
conduct the research in late 2007 and early 2008. The double-blind study
surveyed 1,200 business and IT executives in organizations worldwide.
The discussion focused on the enterprises’
business priorities and the capabilities they have today and those they
want to develop the most to support those key business objectives. For
the full results, see the report “Enterprise
Modernization: A Framework for Strategic Business Improvement.”
The report is available by registering at www.unisys.com/FreeIT
and accessing the “Insights”
section and then “Analyst Insights.”
About Unisys
Unisys is a worldwide information technology services and solutions
company. We provide consulting, systems integration, outsourcing and
infrastructure services, combined with powerful enterprise server
technology. We specialize in helping clients use information to create
efficient, secure business operations that allow them to achieve their
business goals. Our consultants and industry experts work with clients
to understand their business challenges and create greater visibility
into critical linkages throughout their operations. For more
information, visit www.unisys.com.
RELEASE NO.: 0716/8896
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