Future of Work News Free eNews Subscription

IBM Survey Shows Nearly Quarter of Companies Unprepared For IT Modernization

By

Cloud Infrastructure has become one of the most necessary innovations for business technology in the past decade, and according to the latest report by IBM, many companies are ill-equipped for the future.

The survey is called The State of IT Transformation Study, and was conducted by the Managed Infrastructure Services unit of IBM's Global Technology Services division, and involved the leaders of the 380 participating CIOs and CTOs in the United States and United Kingdom. Results found that 60% say their company's IT modernization program is not yet ready for the future, and 24% say their company is just starting its IT modernization journey or has yet to begin modernizing. Because of these findings, more than 95% of IT leaders surveyed said they are looking to adopt public, hybrid or private cloud strategies.

"Our clients are looking to accelerate IT modernization by leveraging cloud models - both public and hybrid, data, AI, automation and other key technologies to help shape, scale and manage more effectively massive, complex, global architectures," said Archana Vemulapalli, General Manager, IBM Infrastructure Services - Offerings and CTO. "In this rapidly changing digital business environment, organizations can bring in the right technology and the right partners to help aggregate, integrate, build and maintain a scalable digital business, while also enforcing effective governance."

This has been an exceptionally important time for cloud data and services, as the coronavirus pandemic has left many businesses scrambling to improve their IT infrastructure to help manage the increased remote activity. And even with the pandemic showing signs of slowing, cloud infrastructures will likely be the way of the future. In fact, more than 60% of technology leaders surveyed say they expect increased demand for cloud infrastructure to be permanent.




Edited by Maurice Nagle
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

Future of Work Contributor

SHARE THIS ARTICLE

Related Articles

EU AI Act Spurs Credo AI's AI Governance Platform Enhancements

By: Greg Tavarez    3/28/2024

Credo AI announced the introduction of enhancements specifically designed to empower comprehensive GRC for AI systems.

READ MORE

Having Secured $1M in Pre-Seed Funding, QuantexAI Aims to Seamlessly Democratize Data for Enterprise Users

By: Alex Passett    3/27/2024

QuantexAI recently announced that it successfully secured $1 million during its pre-seed funding round, marking a major step forward for the QuantexAI…

READ MORE

Research Highlights the Challenges of Data Privacy in AI Technology Pursuits

By: Tracey E. Schelmetic    3/27/2024

Recent research released by Info-Tech Research Group in the form of a report entitled "Conduct an AI Privacy Risk Assessment" found that AI's reliance…

READ MORE

Unified Office Integrates AI-Powered Coaching During Calls

By: Greg Tavarez    3/26/2024

The expansion of TCNIQTM utilizes AI to transform voice interactions by creating the ability to coach employees in real-time.

READ MORE

Is Transformational Change to GenAI Coming? Glean's $200M Series D Funding to Shape Enterprise Applications

By: Alex Passett    3/25/2024

New funding for GenAI platform Glean is poised to propel its continued expansion as it assists organizations with responsible implementations.

READ MORE