Country for PR: United States
Contributor: PR Newswire New York
Wednesday, October 13 2021 - 09:00
AsiaNet
85% of Australian tech leaders say digital transformation project demand outstrips IT budget growth
SYDNEY, Oct. 13, 2021 /PRNewswire-AsiaNet/ --

    -- Australian IT teams are losing control of digital infrastructure as 
non-IT business units take the lead in procuring or developing most of the 
applications that they use

Australian IT departments are under huge strain to deliver on an unsustainable 
backlog of digital transformation projects, according to new research conducted 
by The Economist Intelligence Unit and sponsored by Appian. 85% of tech leaders 
report that growth in business project requests dwarfs IT budget growth. This 
is significantly higher than the global response of 64%, showing that the 
discrepancy between budget and demand is much more pronounced in Australia than 
in the rest of the world.

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The research [ 
https://c212.net/c/link/?t=0&l=en&o=3317992-1&h=3083774531&u=https%3A%2F%2Fappian.com%2Fresources%2Fresource-center%2Fwhitepapers%2Feconomist-survey-tech-leaders-australia.html%2F%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dplatform-2021%26utm_content%3Deconomist-survey&a=research 
] surveyed more than 1,000 IT decision-makers and senior business executives at 
major corporations around the globe. The data shows a backlog of three months 
to a year for Australian technology projects (consistent with the global 
average). However, Australian business units are taking more aggressive 
responsive action than business units around the world. Australian executives 
agree that non-IT business units take the lead in procuring or developing most 
of the applications that they use. Agreement among executives in Australian 
organisations is stronger than the global average (63% Australian respondents 
agree, compared with the global average of 55%). The sentiment is strongest 
among Australian IT decision-makers, three quarters (76%) of whom agree.

Adding to IT's dilemma, the research suggests that four in five business 
leaders believe that their organisation needs to improve its IT infrastructure 
and applications in order to better adapt to external change. The data shows 
that most Australian executives (89%) believe that their organisation 
encountered operational difficulties in addressing the challenges posed by the 
pandemic, with 41% describing these as significant.

"Prior to the pandemic, IT teams in Australia were already under enormous 
pressure and struggling to keep up with the software application demands of 
businesses," said Luke Thomas, Regional Vice President APAC at Appian. "With 
the additional pressures of COVID-19, which made employees, business data, and 
IT systems more dispersed than ever before, it's no surprise that four in five 
Australian business leaders believe their organisation needs to improve IT 
infrastructure and applications in order to better adapt to external change."

IT losing control

The trend towards non-IT-led application development is evident at BUPA 
Australia & New Zealand, whose CIO, Sami Yalavac, was interviewed as part of 
the research. BUPA puts together teams that focus on core services for each 
part of the business and take responsibility for the technology that delivers 
those services rather than rely on IT. 

"You simply can't be agile if you have this traditional model of people in the 
business setting requirements and people in IT trying to fulfil those 
requirements without really understanding the reason for them or what the end 
goal is," Mr Yalavac said in the report. 

"What you get then is IT working hard, only for people in the business to turn 
around and say, 'That's not what we meant', or 'It doesn't work the way we 
thought it would'. These conversations can go backwards and forwards for 
months, and all the time, customers are still waiting, and employees can't get 
work done effectively."

The importance of collaboration, and the data problem

More than three-quarters (77%) of Australian business leaders regard their IT 
colleagues as highly effective in collaborating on new product development, a 
sentiment reflected by 66% of IT decision makers.

Data accessibility, however, is a major hurdle for Australian businesses trying 
to bring new transformational solutions to market. 71% of Australian business 
leaders report they have had to cancel a digital business project due to lack 
of the right data. This is much higher than the global average of 54%.

"The research did highlight that Australia's geographical distance from other 
markets gave its businesses a head start when it came to connecting distributed 
workforces amid the pandemic. However, if enterprise data remains locked in 
siloed systems, better solutions for the distributed organisation will be 
difficult to deliver. If IT decision-makers in Australia are going to have a 
chance of meeting businesses' ever-growing appetite for digital applications in 
the future, they will have to embrace new approaches to development that 
overcome the data problem," Luke added. 

To learn more, download the "Tech Leaders Strain to Deliver In Australia" [ 
https://c212.net/c/link/?t=0&l=en&o=3317992-1&h=4204794815&u=https%3A%2F%2Fappian.com%2Fresources%2Fresource-center%2Fwhitepapers%2Feconomist-survey-tech-leaders-australia.html%2F%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dplatform-2021%26utm_content%3Deconomist-survey&a=Tech+Leaders+Strain+to+Deliver+In+Australia 
] report, and talk to Appian about how low-code automation accelerates IT and 
improves business collaboration, performance, and resilience.

About the Report
"Tech leaders strain to deliver in Australia" is a survey-based article, with 
findings drawn from a twin survey of IT decision-makers and senior business 
executives at major corporations, conducted by The Economist Intelligence Unit 
in May and June 2021. The 1,002 respondents represent six sectors (financial 
services, insurance, healthcare, the public sector, oil and gas, and energy and 
utilities) and nine countries (the US, Canada, France, Germany, Italy, the 
Netherlands, Spain, the UK and Australia). A third are C-level executives and 
the remainder work at the director level or above. Half of the respondents work 
in organisations with annual revenues of over US$1bn. The report supplements 
the survey findings with secondary research and in-depth interviews with 
experts. This article focuses on the survey results and in-depth interviews 
from IT decision-makers and senior business executives at major corporations in 
Australia.

About Appian
Appian helps organisations build apps and workflows rapidly, with a low-code 
platform. Combining people, technologies, and data in a single workflow, Appian 
can help companies maximise their resources and improve business results.  Many 
of the world's largest organisations use Appian applications to improve 
customer experience, achieve operational excellence, and simplify global risk 
management and compliance. For more information, visit www.appian.com

SOURCE  Appian

CONTACT: Sarah Park, Mulberry Marketing Communications, +61 3 9023 9110, 
spark@mulberrymc.com