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Firing Engines of Growth
Tuesday, 22 May 2012 13:35

Poor integration between disparate and often overlapping systems means a lack of data integrity, an absence of shared knowledge, and stunted business opportunities. 

Source, a leading provider of market information for both consulting firms and their clients. highlighted this in their report “Firing the Engines for Growth”  released earlier this year.  They found that a number of factors restrain medium sized Companies opportunity to harness growth. One such factor was that the use of restrictive technologies and processes can present even more of an issue for companies than money. Not having the appropriate software and processes developed and adapted in line with the way the business has grown and changed was viewed to restrict business opportunity.

IT’s role is crucial because it determines how flexible, adaptable and dynamic a Company is – not to mention how cost-efficiently it is being run. Making the leap to invest in significant change however usually requires a trigger. Typically it is a poorly performing or broken system, rather than an opportunity they want to seize, that tips a mid-sized business into new IT investment. Says Alan Anderson, Director of Delivery Services at Exception, “We find organisations coming for help because their systems have grown in a piecemeal way; they have focused on the business strategy but have never put together an IT strategy to support the business strategy.”

To find out more about Source’s report it can be found on their Website at:

http://www.sourceforconsulting.com/market_reports_and_analysis/free_publications.html