Digital Demand and the Dangers of the IT Vacuum

By Richard McCann

Does Innovation = Risk?

“In digital business, you must change your relationship with risk,”says Tina Nummo, a Gartner VP. “Treat your ability to manage specific risks as a competency and capability. Accepting risk is okay; ignoring risk is tragic.”

gskm-042114-business-b-5291-360x164But the so-called ‘safe’ reliance on only traditional ‘Mode 1’ is now itself a risk, points out industry analyst and author of ‘The Agile Architecture Revolution’, Jason Bloomberg:

“If the business world wasn’t in a constant state of change, then perhaps leaving slow, traditional IT to its own devices would be the low-risk option,” says Mr Bloomberg. “The business world is in a perennial state of flux, and the ever-increasing sophistication of technology is only accelerating the velocity and diversity of such change. Transformation is all around us – even in the dusty old data centres filled with ancient legacy monoliths.”

Read the entire article at http://www.globalbankingandfinance.com/digital-demand-and-the-dangers-of-the-it-vacuum/.

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