High performers are more effective in taking advantage of cloud technology : Accenture research

 While many organizations are focused on IT cost reduction, productivity gain and process improvement, the latest global research from Accenture has revealed that companies that invest in digital technologies and improving customer experiences are able to identify new growth opportunities and enhance performance.

The research report titled ‘High Performers in IT: Defined by Digital’ features insights from senior IT executives in more than 200 global companies across a range of industries. The report shows that high performers devote 55 percent of their information technology (IT) budgets to delivering strategic capabilities that support growth and business performance. Their counterparts, however, invest only 37 percent.

High performers are building a strong foundation for their digital business by harnessing technology advances across all parts of their operations to help improve customer experiences and make a more significant contribution to the company’s business performance. Companies that lead in the use IT understand how new digital capabilities can be applied and set their sights beyond operational effectiveness and IT productivity, and invest more in technologies to drive future growth. said Paul Daugherty, Chief Technology Officer, Accenture.

Accenture’s research found that the adoption rate of key technologies, including cloud computing, analytics, social, mobility and security, was greater across-the-board for companies that excel in their use of IT than their counterparts. According to the research, these companies have recognized and embraced the transformational impact of digital IT to create new products and services that supports growth.  
The survey also found that companies expect to operate in a hybrid IT environment for the foreseeable future.