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    India-AI Impact Summit 2026

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    IBM Study: AI Poised to Drive Smarter Business Growth Through 2030

    International Rover Challenge and Space Drone Challenge 2026 to Be Held at Manipal Institute of Technology, Manipal

    A $100 Billion Investment Imperative: Turning Clean Fuel Ambition into Progress by 2030.

    Chief Economists Perceive Relative Resilience but Remain Concerned about Asset Prices, Debt and Geoeconomic Tensions

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    Widespread Steroid Use Emerging as a Key Trigger for Secondary Glaucoma, Say Doctors

    ECI to host IICDEM-2026 from Jan 21st to 23rd

    LINDBERG Unveils an Exclusive Lunar New Year Precious Special Edition

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    KISNA Diamond and Gold Jewellery to add 1,200 People to its Workforce in FY26 as Brand Accelerates Omnichannel Expansion

    Strict measures should be taken to curb cybercrime and drug activities: Chief Minister Siddaramaiah

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    India-AI Impact Summit 2026

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    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    Breaking Barriers in Diabetes Care: Cipla Launches #InhaleTheChange Campaign

    Novo Nordisk A/S: Wegovy® pill approved in the US as first oral GLP-1 for weight management

    A special Wellness and Meditation Session by Sahaja Yoga was conducted at the Bengaluru HR Summit & HR Leaders Awards 2025.

    World AIDS Day

    WHO issues first global guideline on infertility

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    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

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    India AI Impact Summit 2026 to focus on ‘Democratizing AI, Bridging the AI Divide’

    bp agrees to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion

    BASF Agricultural Solutions and ADAMA partner to co-develop breakthrough Gilboa® fungicide technology

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    Tata Motors Delivers Strong Sales with 1,15,577 Units in Q3FY26; Sustains Robust 21% Year-on-Year Growth

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    Stellantis and Cox Automotive Europe enter a strategic partnership to dramatically increase Stellantis Pre-Owned Vehicles remarketing capabilities in Europe.

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    Bengaluru North City Corporation is organizing the 9th Footpath Walk under the “Walkaluru” Project.

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    LINDBERG Unveils an Exclusive Lunar New Year Precious Special Edition

    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    Malaysia Airlines Celebrates Resumption of Direct Flights to Chengdu,Strengthening Connectivity to Western China 

    GFCPL Accelerates Karnataka Expansion: Chicking Opens New Outlet at Gopalan Legacy Mall, Guddadahalli, Bengaluru.

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IBM Study: Majority of Surveyed Companies are Not Prepared for IT Needs of the Future, Say U.S. and U.K. Tech Leaders

by FWM
January 4, 2021
in Business
0

IBM Corporation logo. (PRNewsfoto/IBM)

Nearly a quarter of CIOs and CTOs surveyed say they are just starting their IT modernization journey or have yet to begin modernizing.

– To meet these needs, nearly 80 percent of leaders surveyed say there will be a higher reliance on partners that can provide managed infrastructure services.

ARMONK, N.Y., Jan. 4, 2021 /PRNewswire/ — Many corporate IT leaders say their organizations are not prepared for the future IT needs of the business and nearly all are moving to advance their transition to cloud infrastructure, according to a new IBM (NYSE: IBM) survey of leaders at mid-sized and large companies in the United States and United Kingdom.

Of the 380 CIOs and CTOs who participated in the survey, 60% say their company’s IT modernization program is not yet ready for the future, according to the recently completed The State of IT Transformation Study conducted by the Managed Infrastructure Services unit of IBM’s Global Technology Services division. Nearly a quarter of CIOs and CTOs (24%) surveyed say their company is just starting its IT modernization journey or has yet to begin modernizing, with about a third surveyed saying they are still in the midst of transformation.

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As a result, more than 95% of IT leaders surveyed said they are looking to adopt public, hybrid or private cloud strategies. Of those, many are moving at an aggressive pace — the study reveals that 53% of respondents are aggressively pursuing a public cloud strategy, 48% a hybrid cloud strategy and 45% a private cloud strategy.

“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.”

The pressures on IT infrastructures brought on by the COVID-19 pandemic have further accelerated the need for cloud infrastructure, professional skills development, and security upgrades, the survey found. More than 60% of technology leaders surveyed say they expect increased demand for cloud infrastructure to be permanent.

Even as IT leaders are feeling increased urgency to accelerate their organizations’ transformation, migrating to a multi-cloud environment can present significant challenges to organizations with legacy applications running large data pools.

What’s more, many surveyed technology leaders are not sure they have the right teams in place. A full 40% of survey respondents do not feel their teams have the right skills to fully meet their IT ambitions, and more than three in four surveyed say they will rely more on trusted partners that can provide managed infrastructure services.

Most CIOs and CTOs (67%) surveyed cite the need for increased infrastructure flexibility as driving the digital transformation, followed by the need for competitive advantage (61%), cost savings (58%), increasing globalization (54%) and meeting client demands (45%).

While the majority (60%) of CIOs and CTOs surveyed say their company’s IT modernization is not yet ready for the future, the study revealed significant differences in the U.S. and U.K. markets. For example, while approximately 56% of U.S. respondents say they are aggressively moving their IT infrastructure to hybrid cloud, only 38% of respondents in the U.K. describe their approach as aggressive. And while 56% of CIOs/CTOs surveyed in the U.S. say their IT infrastructures were completely prepared for the business changes brought on by COVID-19, only 23% of U.K. managers surveyed felt as prepared.

 

Tags: CIOs/CTOCOVID-19.IT modernization

FWM

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