Project and Portfolio Management Plays Major Role in Driving IT Transformation, CA Technologies European Study Reveals
Some 87 percent of European organisations have embarked on an IT transformation programme (or will do so in the next 12 months), with 55 percent relying on PPM to help major IT transformation challenges
Core News Facts
1. 87 percent of European organisations have embarked on an IT transformation programme, or intend to do so within the next 12 months.
2. The majority of European organisations (55 percent) will rely on PPM to drive decision-making around IT transformation initiatives.
3. PPM will play a major role in both the execution of the projects driving the transformation and in support of the planning and decision making around what the IT transformation should look like.
4. To download a copy of the report, visit: http://www.ca.com/~/media/Files/SupportingPieces/PPM_IT_Transformation_survey_report_scf_clean
11 May 2011 – CA Technologies (NASDAQ:CA) today announced the results of a study which reveals that 87 percent of European organisations have embarked on an IT transformation programme, or intend to do so within the next 12 months. Some 55 percent of organisations will rely on Project and Portfolio Management (PPM) to help address the major challenges associated with IT transformation, not only in the execution of the projects driving the transformation, but also in support of the planning and decision making around what the IT transformation should look like. The CA Technologies study canvassed 85 business and IT executives during March 2011 at the Cloud Connected CIO Seminar Series across France, Germany, Sweden, and the UK.
Cloud computing, virtualisation, mobility and other forces are driving the increased ‘consumerisation’ of IT services. Indeed, the survey highlights that 90 percent of respondents either already have, or are currently investigating the deployment of, a cloud strategy. They are doing so to free up IT resources to focus on strategic projects (cited by 21 percent of respondents), deliver more capabilities to the business faster (20 percent), save money (20 percent), and scale the business (20 percent). No longer restricted to just the internal IT organisation, business users’ cloud computing needs are just as easily met by a plethora of managed service providers (MSPs), all delivered and governed through service level agreements. The survey bears this out: 49 percent report that non-IT departments in their organisation subscribe to cloud-based services.
Consequently, chief information officers (CIOs) need to run IT as a competitive entity, ensuring the right services, whatever the sourcing model, are delivered to enable business success. CIOs need to act much more as ‘business service portfolio managers’, making fast, informed investment decisions about the future shape of the services portfolio. By applying PPM to IT transformation planning and execution, CIOs will benefit from a holistic view of the services portfolio and will be able to put in place the appropriate controls to effectively drive IT and business change.
The survey highlights widespread acceptance that Project and Portfolio Management can help address the major IT transformational challenges, not only in the physical execution of the projects driving the transformation, but also in the support of the planning and decision making around IT transformation initiatives. For example, the respondents believe that PPM can help transition execution and ongoing project management, and that PPM supports the assessment of their current IT investment portfolio. They also highlight that PPM can help define their IT transformation transition plan.
“This study highlights that CIOs need to develop a strategy for IT transformation now, or else face the risk of being either marginalised or altogether ignored,” says Helge Scheil, senior vice president, PPM, EMEA, CA Technologies. “PPM brings greater control and insight to IT transformation initiatives, enabling CIOs to better determine how best to leverage new and existing technology platforms to deliver maximum business value. This will not only help to change the perception of IT from being seen as a cost centre to a hub of business innovation, but will also bring CIOs closer to their overall strategic goals of driving business innovation and leading business change.”
About the Research
The CA Technologies survey was conducted at the Cloud Connected CIO Seminar Series, during March 2011. CA Technologies canvassed 85 business and IT executives in France, Germany, Sweden, and the UK.
About CA Technologies
CA Technologies (NASDAQ: CA) is an IT management software and solutions company with expertise across all IT environments – from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies’ innovative products and services provide the insight and control essential for IT organisations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at www.ca.com.
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