Fast IT: Accelerating Innovation in the
Internet of Everything Era
#FutureOfIT
The Fast IT study surveyed 1,400 IT leaders in a mix of industries in five countries.
This quantitative research was complemented by insights from key industry luminaries:
#FutureOfIT
Jaime CapellaManaging Director, Corporate Executive Board
Rebecca JacobySVP and Chief Information Officer, Cisco
Zeus KerravalaPrincipal Analyst, ZK Research
Bob LaliberteSenior Analyst, ESG
Steve LucasPresident, SAP Platform Solutions
Padmasree Warrior Chief Technology and Strategy Officer, Cisco
Dr. George Westerman Research Scientist, MIT Sloan Initiative on the Digital Economy
J.B. WoodPresident and CEO, Technology Services Industry Association
The Nexus of Forces The 3rd Platform
The Industrial Internet
IoT = $1.9 trillion in 2020
$10 trillion to $15 trillion over
next 20 years
$462 billion in 2013 (22% of total ICT spending)
Converging Digital Disruptions = Unique Inflection Point
#FutureOfIT
IoE
What Is the Internet of Everything (IoE)?
Delivering the right information to the right person (or machine) at the right time
Process
Physical devices and objects connected to the Internet and each other for intelligent decision-making; often called Internet of Things (IoT)
Things
Connecting people in more relevant,
valuable ways
People
Leveraging data into more useful
information for decision-making
Data
Networked Connection of People, Process, Data, Things
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Cisco’s earlier research showed IoE represents $19 trillion in value over the
next decade
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Market disruptions happen faster, and “winners take all”
Top CIO Challenges
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1. IoE supercharges IT complexity – and IT challenges
2. Apps are the oxygen of the business – but they can smother IT
3. Lines of business take IT into their own hands
4. IT service orchestration has been an elusive quest
89% of IT leaders consider
complexity a top challenge
46% of total IT spend
originates outside IT
138B apps
downloaded in 2014
In order to innovate fast in the IoE era, organizations must be:
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• Hyper-aware – sense and monitor customer behaviors and market changes
• Predictive – anticipate transitions, proactively address threats
• Agile – respond faster than rivals, embrace disruptive innovation
Fast IT is the Solution for CIOs
#FutureOfIT
1. IoE demands a new operating model: Fast IT
2. A diverse ecosystem of clouds will provide the platform for change
3. Real-time data allows companies to respond to customers in real time
4. In the IoE era, the security perimeter is ever expanding
5. IT can’t afford to be seen as ‘The Department of No’
IT still spends
upwards of
80% just “keeping the
lights on”
75% of IT leaders expect
increased threat levels
Fast IT is the IT operating model for the IoE era.
It is what the CIO needs to do to drive true business transformation.
#FutureOfIT
How can IT spend less on “keeping the lights on” and free up resources to
innovate?
#FutureOfIT
A Fast IT model results in a
20-25% reduction in cost
of ownership
These savings can be reinvested for innovation, doubling what IT spends on
transformation.
SECURE
Defend against attacks and
mitigate threats dynamically
SMART
Create intelligent capabilities and services that fuel growth
SIMPLE
Simplify your infrastructure and integrate
across silos
Fast IT: The Key Principles
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Discover how to stay ahead of competition with a
Fast IT model
View the full research Fast IT: Accelerating Innovation
#FutureOfIT
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