As many business leaders already know all-too-well, the rate of new technological advancement and innovation has been accelerating throughout the past decade, challenging firms to keep pace and not allow themselves to get bogged down in the solutions that were popular a few years back. This is a perfect illustration of the double-edged sword that new technology has become for the average company and industry.
A firm can either be on the ball, tackling trends as they come and getting the most out of the advanced and advantageous solutions that are hitting the market in real-time, or fall behind the curve and run the risk of losing the edge on competitors in its respective market. It is no easy task to keep up with this incredibly fast progression of new trends and technologies, but there are clearly defined and proven methods to achieve the smoothest reception and deployment of advanced tools.
Big data, the Internet of Things, mobility and, despite its more mature stature, cloud computing have represented the trickiest and most advantageous trends in corporate IT throughout the past several years, and this will likely remain the case for years to come. With the right level of research, guidance and intelligence in decision-making, companies can work with proven managed service providers to get the most out of technological innovation, rather than being suffocated by its weight.
Let's get deep
International Data Corporation recently released its "MaturityScape Benchmark: IT Strategy and Innovation in the United States" report, which offered a wealth of suggestions to corporate leaders who are trying to get a better handle on the unwieldy beast that is modern technology management. As a note, the analysts bring up the "3rd Platform" a lot in the report and, for a point of reference, this is essentially defined as being the technologies that became available in the past four years.
According to the research firm, business leaders must have leadership, planning, change management and financial management completely optimized to achieve excellence in 3rd Platform computing capabilities. When any of these four matters are not streamlined, tight and consistently effective, the chances of comprehensively capitalizing on new technology will be inherently lower.
"IDC believes that business leaders are struggling to adapt their strategies at the speed of change that the 3rd Platform is imposing on them," IDC Research Network Adjunct Research Analyst Fred Magee explained. "Additionally, because so much of the 3rd Platform relies on adopting emerging technologies effectively, there is an added emphasis on the CIO's ability to deliver innovative IT solutions that support and, in some cases, anticipate enterprise strategic goals. Strategy and innovation requires long-term guidance and commitment to building strategic skills in order to stay ahead of the business-need curve. A clear plan for strategy and innovation will be essential for CIOs and other IT executives."
This drives home the point that companies can truly set themselves apart from the competition by becoming the best at managing novel technological trends in an optimal fashion.
As mentioned above, virtually none of the most important technologies on the market today have been around for more than a decade or so, while the vast majority of businesses out there are still very much in the fledgling stages of using these tools. As such, the worst decision would be trying to go it alone when there is simply not enough institutional knowledge and understanding of these tools.
Instead, consider leveraging the support of a proven provider of IT services, including cloud computing, big data and mobility, to get the job done right and capitalize on modern technology.