More than 43 percent of the 153 IT decision makers studied across the US and UK revealed that IT now commands more respect from the business.
With this increased respect, businesses have also grown hungrier for innovation, and consequently a third of IT decision makers are seeing IT budgets increase. A third have been given more scope to define IT spend since the beginning of the coronavirus pandemic, versus just five per cent who feel they have been given less scope to define IT spend.
Along with an uptick in funding, more organizations are looking to digitally transform due to pressures from COVID-19. In fact, 56 percent of IT decision makers have witnessed a greater urgency for digital transformation over the next few years. And almost a quarter of organisations surveyed have been forced to begin digitally transforming now.
When asked whether the coronavirus has changed their business’ view of IT, 38 percent of respondents confirmed the pandemic has helped improve understanding of IT. More than 30 percent of IT decision makers now have more control over business decisions, versus just four per cent who stated they have less control now. Only 10 percent felt the pandemic had not changed their relationship in any way with the business.
Ensono Senior VP, Managing Director of North America, Paola Doebel, said: “As businesses have had to quickly adapt to the new working realities brought on by the COVID-19 pandemic, IT departments too have had to adjust their priorities to keep pace with the speed of change created by COVID. The IT department has been trusted to act fast and deliver so businesses can continue to move forward and safely address the needs of their team members and customers.”
Despite the major disruption the pandemic brought to businesses, both in terms of working from home due to social distancing and increases in digital service demand, the IT department has been able to prove its value by keeping businesses running with a quarter having faced no issues with downtime versus just two percent having recorded between 24 and 48 hours of downtime.
One respondent stated: “While some plans were put on hold, for example those that focused on reducing technical debt, others have been expedited. Those transformation projects include supporting innovations that lead to new revenue streams.”
Barney Taylor, Managing Director, Europe, Ensono said: “It’s important that digital transformation happening now and into the future continues to deliver to the business. CIOs need to ensure they are not innovating in a vacuum and are taking the necessary steps to ensure they are delivering not only to the business and shareholders, but ultimately to their end users.”