This IDC PeerScape explores how chief information officers (CIOs) are speeding up the IT department's ability to deliver business value — at the ever-quickening pace of the digital economy. Traditional IT department practices, with long lead times for requirements gathering, coding, testing, and adding hardware, can't match the needs of today's businesses, where "time to market" is measured in weeks, not years. As John Marcante, global CIO at Vanguard, urges his IT department: "Deliver business value at start-up speed." IT leaders can accelerate IT's role in producing business outcomes by embedding a sense of urgency in the organization's culture and processes; adopting Agile development, DevOps, and automated testing; and turning to 3rd Platform technologies such as the cloud and microservices.
"It's time to hit the accelerator and turn that sluggish IT department into a high-velocity producer of business results," says Mitch Betts, adjunct analyst with IDC's IT Executive Programs (IEP).