According to a survey by CA Technologies Indian IT leaders focus their investments on delivering new services, Global Study Reveals
According to a new CA Technologies global study conducted by Vanson Bourne, “TechInsights Report: The Changing Role of IT and What to Do About It”, Indian IT leaders are investing 65% of their IT budget in delivering new services.
As software-driven business transformation becomes the norm, and businesses use new applications to engage their employees and customers, this trend is expected to continue, and accelerate, in the years to come.
The survey findings show that the top trends impacting IT in India today are Cloud Computing (53%), DevOps (53%) and Big Data (33%). With the focus on innovation, 71% of India Inc’s top management considers IT to be fundamental to the organization’s success or very strategically important, compared to 51% in the United States. The survey also reveals that 92% of the top IT executives in India report to the CEO or the most senior officer in the organization.
Commenting on the study findings, Sunil Manglore, managing director, CA Technologies India, said: “Today, every business is technology driven. Customers are demanding new applications and a different experience, and employees require new tools to succeed and be productive. This is compelling CIOs to evolve the role of IT. Hence, the need of the hour for Indian CIOs is to become senior advisors and business enablers that leverage new technologies to win in this new business landscape.”
The way technology is seen, purchased, used and deployed across enterprises is changing. In India, 55% of IT spend is happening outside the IT department. This is the highest percentage in the world of company-wide IT spending controlled by other lines of business. The consequences for IT leaders are enormous as they must influence and guide and not just manage a corporation’s IT investments.