The pace of enterprise technology change is only accelerating. Mobile phones have become handheld computers and are enabling companies to reach customers in new ways; enterprises and their end users get cloud software updates pushed to them every three months, rather than upgrades every 18 to 24 months; enterprises can now buy and deploy infrastructure inexpensively and in a matter of minutes; enterprises are figuring out how to analyze all that “big data” they collect to serve their customers better; and end users demand the latest technologies now — or else they’ll buy and deploy them independent of their IT organizations.
In the meantime, however, security, regulatory compliance and other governance requirements are getting stricter and IT budgets aren’t getting any bigger. “Do more with less” is the IT mantra, forcing CIOs to shift their budgets: spend far less money to maintain legacy systems and just “keep the lights on,” while spending more money on new technologies and IT projects that will differentiate their companies and ultimately drive higher revenue and profits.
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