Research from SoftwareOne reveals that organizations excelling in IT cost optimization alongside innovation enjoy superior financial outcomes and faster market entry. Surveying various countries, it categorized respondents into Optimized Innovators, Aspiring Innovators, and Initiating Innovators. The study notes that while a significant portion of mid-sized companies struggle with innovation budgets, those identified as Optimized Innovators demonstrate markedly better results. Key practices among these top performers include prioritizing cybersecurity measures and investing in technologies such as network security and automation to foster continued innovation and efficiency.
Aligning the business benefits of innovation investments with opportunities to strategically optimize IT estates is critical to success, said Oliver Berchtold.
Top-performing enterprises have nailed IT cost optimization.
Our study suggests that there is a clear opportunity for companies to optimize to innovate.
Optimized Innovators achieved significantly better results with a modern IT foundation.
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