As business groups increase their technology investments and gain more access to new technologies and consumption models, IT’s balance between operational excellence and innovation is shifting. Technical innovation can now happen anywhere. This change presents a huge opportunity for IT to drive innovation in new ways. So which organizations are seizing this opportunity?
To find out, we recently conducted the Cisco Business and IT Priority Survey to determine how these groups manage innovation, and how their business and IT priorities are linked. See the info graphic and previous blog for global results and observations, and see how your priorities compare to your peers by taking the survey here.
As today’s innovation and technology investments can dramatically impact tomorrow’s business results, the investment levels by region are particularly interesting.
For example, 50% of business leaders in China see technology innovation as a critical differentiator to their business, whereas in the US, only 21% rank innovation as critical. Multiple times in the survey, the responses from China indicated a collective interest in innovation as a top business priority. In Germany, 23%, and the UK 25% of business leaders also see innovation as a business priority as critical.
Companies in India and China also indicate that their investments are growing faster than other regions’. About 81% of Indian business leaders surveyed, and 75% of Chinese ones expect their technology budgets to increase next year – many by more than 25%. By contrast, 54% of UK businesspeople, 48% in Canada and Germany, and only 41% in the US expect their technology budgets to grow.
Indian and Chinese business leaders also indicate that they’re spending a bigger proportion of their own growing budgets on technology. In China 82% of those surveyed plan to spend at least 25% of their business budgets on technology, and in India 71% are doing the same. By contrast, only 41% of US and 45% of Canadian business leaders are spending more than 25% of their budgets on technology. Read More »
Tags: business priorities, China, Cisco Business and IT Priority Survey, enterprise networks, Germany, india, innovation, Intelligent WAN, survey, UK, unified access, us
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If you’re at CiscoLive Milan you have many opportunities to learn about our newest technology announcements. But how well do you know our current technology? If you know it well you could win a prize! Stop by the Cisco Enterprise Networks booth to play the trivia challenge on one of the iPads behind the reception desk. The trivia is 15 multiple choice questions from a bank of over 150 questions on our Enterprise Networks technologies -- including campus switching, branch routing and enterprise mobility. Some questions are easy, and I think some will challenge you.
We will be drawing from the top winners on Wednesday afternoon and winners will be alerted via email. Stop by the booth (Wed evening or Thursday) to claim your prize! You can win an iPad, GoPro, or Kindle.
Stop by the booth to play and download the app to track your progress!
Also, just for fun, I took a few pictures of tech around the Cisco Enterprise Networks and Cisco IoT booths -- can you name everything here? Read More »
Tags: #CLEUR, Cisco Live Milan, fun, games, iPad, Pictures
How many times have we done something for others? Something for people we don’t even know. We all love doing things either for ourselves, family or friends but participating in a cause, which is entirely for people who do not currently enjoy the beautiful morning walks, running or playing is another dimension and fills us with energy.
Would you like to participate in such a cause? It is happening simultaneously worldwide where everyone is running for those who can’t!
The Wings for Life World Run is an entirely new type of event never before seen nor undertaken in either running or any other sporting field. Why? Because it is a truly global adventure, encompassing up to 35 locations, in which everyone runs at the very same time all over the world! Read More »
Tags: healthcare, ISR, ISR G2, MDES, Spinal Cord Injury, Tiani Spirit, UCS, UCS-E Series, Wings for Life, World Run
Missing CiscoLive? Learn what’s new!
According to the Open Network User Group (ONUG), a consortium of IT leaders including Bank of America, Fidelity Investments, JP Morgan Chase, UBS, and Gap, among the top priorities to reduce network expenses was WAN management, coming it at #3.
This should not be a surprise with the growth of bandwidth demands from cloud, mobility and rich media applications like video. In fact, 68% of IT decision makers expect their WAN demand to grow. However, few (1 of 4 IT organizations) will have addition budget to pay for it.
Next week, over 5000 IT leaders will be meeting at CiscoLive Milan to find out how to prepare their organization for the opportunities ahead, and build a next-generation network. One essential element is building out a next-generation WAN.
For attendees making their way to the show, here are few sessions and demonstrations to note in your show planner.
Read More »
Tags: #CLEUR, branch, cisco live, IWAN, webinar
Innovation is critical to the success of every organization. According to a recent Cisco survey, 84% of business leaders agree that technology innovation is a critical or very important strategic differentiator for their companies. However, this survey also revealed that technology investments made by business and IT leadership are not always aligned. So how can business and IT work better together to deliver more innovation and business impact?
To address this challenge, we recently conducted the first phase of the Cisco Business and IT Priority Survey, which asked 1,800 business leaders globally about how their business and IT priorities are linked, and how these groups manage their innovation processes and technology investments. The good news is that 70% of business leaders indicated that their priorities and IT’s are aligned.
However, 67% of business leaders also said IT will influence less than half of the business technology budget next year. This means that two thirds of all organizations have an opportunity to better align IT and business technology spending, and deliver more innovation and business impact in the process.
Furthermore, this opportunity is growing as business’ investments in technology increase faster than IT’s. More than half of business leaders expect their technology budgets to increase up to 25% next year, and 11% expect their tech budgets to grow more than 25%. These business technology budget increases also vary widely by country – see the next installment in this series for details on our survey results different countries, industries, and business roles.
So how can business and IT better align their technology investments to deliver more IT innovation and business impact?
- Simplify – align and map technology and business priorities at every level. Then innovate with integrated solutions that map to more of your business priorities now – and longer term. For example, Fredericksberg Commune in Denmark reduce IT helpdesk incidents by 90% by integrating wired, wireless, routing and security technologies.
Using SDN and automation capabilities, there are also many new ways to simplify IT and free up resources to fuel more innovation – across your entire network. See our upcoming CiscoLive! Milan announcements for more details on how to dramatically improve IT productivity.
- Unify – breaking down technology silos can yield huge ROI and, in turn, spur innovation. Two Cisco solutions that exemplify this principle of unity are Unified Access and Intelligent WAN. Unified Access, where policy, management and networks all work better together as one, can deliver orders of magnitude more capacity and performance than independent wired and wireless point products that may be deployed as separate initiatives. For example, the Hotel Principe di Savoia in Milan recently deployed an integrated wired/wireless solution, and plans to grow revenues by 15 to 20% by offering new guest services in addition to the outstanding guest experiences they’re already providing.
Similarly, combining MPLS, Internet and 3G/4G-LTE into one Intelligent WAN can reduce overall costs by more than $500,00 annually for companies with 100 sites, and dramatically improve performance, security, and reliability in the process.
- Multiply – with the right network, you can add many innovative new services and applications, as well as capacity and performance more quickly to reach business goals sooner. For example, Copenhagen Airport is transforming passenger experiences by integrating wireless, mobility and location services in new ways.
This potential value is in many current networks, but it’s even more important as the Internet of Things brings connectivity to billions of new devices and applications and previously unconnected things, changing business models in profound ways.
Because the alignment of IT and business priorities is so important for innovation and business outcomes, on January 27th, we’ll begin collecting and sharing these priorities on a global basis in the next phase of our Business and IT Priority Survey. With this intelligence, people can see how their priorities compare to those of their industry peers, and we can all better understand how to drive business and IT together.
Our findings to date indicate that opportunities for innovation live in virtually every organization. Please join us in the coming weeks as we dive deeper into these results and show real-world innovation examples that will help your IT and business groups innovate and deliver more business impact than ever before.
Tags: budgets, Cisco, influence, innovation, IT, LOB, New Survey