Accenture report reveals that while enterprises have embraced advanced digital technologies, such as IoT/edge computing (77%), big data/analytics(83%) and digital customer experience (78%), only 36% are “very satisfied” that their network currently has the capabilities required to support their business needs. That leaves 64% that see room for improvement.
The survey was conducted on global basis on 300 senior IT and business executives from large enterprises, the report titled “Network Readiness Survey, Is your business ready for a connected future?”.
The report shows that 40% of respondents are “very satisfied” with their overall capability (36 %) and bandwidth (38%). Half or less reported being “very satisfied” with their network performance (43%), security (50%) and reliability (50%).
Moreover, these levels remained largely the same when considering their networks’ ability to meet the needs of the business in 18-24 months.43% indicated their networks are completely ready to support cloud and digital technologies.
The report points to the “misalignment between IT and business needs” as the main obstacle to keeping networks in line with business demands, identified as a top barrier by 48% of respondents. The second and third most commonly cited barriers were “inherent complexities between business requirements and operational needs” (45%) and “demands for bandwidth, performance, etc., outpacing the ability to deliver” (45%).
This apparent misalignment between IT and the business is supported by the disparity in perceived barriers to network performance when replies are broken down by job title (i.e. CIO/CTO, Directors/VPs of Infrastructure/Network and Line of Business EVP/VP). No single issue appears in the top three barriers cited by respondents from all job categories. In fact, each role sees a different barrier as the greatest challenge.
However, CIOs/CTOs tend to see a greater amount of collaboration, with 58% responding “always collaborative,” compared to 45% of business executives and just 28% of their direct reports.
“Business demands have outpaced the ability of IT to deliver services. Our research shows that organizations have more work to do to ensure that network limitations do not prevent them from meeting their current and future business goals” said Prasad Sankaran, senior managing director and global lead of Intelligent Cloud & Infrastructure at Accenture.
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