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TRENDING
KCOM REVEALS INNOVATION
PREVENTED BY LACK OF
SUPPORT, BUDGET AND SKILLS
Innovation is key to business development and if
companies fail to do so effectively, they risk falling
behind. A report by KCOM has revealed the detrimental
effects of having a lack of support, budget and skills
within a business.
R
esearch commissioned by IT services
provider, KCOM, has revealed that
despite considerable enthusiasm
to innovate, organisations are being
thwarted by tight resources and strong
internal resistance.
The findings show that a lack of senior
stakeholder support is the greatest inhibitor
of change, followed closely by budget and a
lack of specialist skills.
Each appeared in the top three challenges,
highlighted by 38%, 35% and 34%
of respondents respectively. However,
organisations are also limiting themselves
by turning away the specialist skills and
www.intelligentcio.com
experience that could help them
advance, through overly predictive
procurement processes.
The survey captured the opinions of 250
business leaders and C-level decision makers
– including CEOs and CTOs – in government,
financial services, retail, healthcare and
transport and logistics.
The year of the cloud
Eager to be more competitive, organisations
are making big investments in innovation
projects. Almost half (43%) consider
driving Digital Transformation to improve
competitive advantage to be their top
“
ALMOST HALF
(43%) CONSIDER
DRIVING DIGITAL
TRANSFORMATION
TO IMPROVE
COMPETITIVE
ADVANTAGE TO
BE THEIR TOP
PRIORITY IN THE
NEXT YEAR.
INTELLIGENTCIO
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