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Digital transformation is driving the demand for swift innovation and the evolution of new technologies and business models. It is tempting to embrace both at any cost. The software industry seems obsessed with “the new,” but large enterprises have already made big investments in a world-class infrastructure that manages and controls risk, compliance, and security.
Over the last decade, the digital transformation of the world’s economy has had a profound impact on the way companies do business and the way people interact in this connected world. After the destructive .com bust and the great recession, a huge digital build-out ushered in the “Age of Software & Digital,” where business innovation and software innovation are becoming one and the same.
IT organizations, most of which formed in the last century, are at the center of this build-out and transformation. In the past, IT organizations were a back-office function keeping the lights on and ensuring applications supported the business. This is no longer the case as IT is at the center of business innovation. Some say that the future has arrived, it’s just distributed unevenly. This is especially true for IT. The digital marketplace is most unforgiving. Many will not survive, but the winners do stand out. They have this new look.