Report Shows Businesses Fail to Realise ROI from IT Investments
According to new research, only one in four companies (25%) in EMEA meet the definition of a ‘Transformer’ – a company that describes its use of IT infrastructure to drive “innovation excellence.” The success of Transformer companies is supported by a number of metrics. For example:
• 70% of Transformers expect return on investment (ROI) on all or most new technology investments within two to three years compared to 57% of non-Transformers.
• 61% of new IT applications or services introduced in the last 12 months are described as a complete success for Transformers compared to 52% for non-Transformers.
• 29% of Transformers see more than three-quarters of projects as a success compared to 16% of non-Transformers.