Simplifying IT Leads to Better Business Outcomes, According to New Research From Leading Analyst Firm

Simplifying IT Leads to Better Business Outcomes, According to New Research  From Leading Analyst Firm  Average Company in Study Realized $83M in Annual Benefits  REDWOOD SHORES, CA -- (Marketwired) -- 07/07/14 --  Oracle (NYSE: ORCL)  News Summary  A new study from IDC, a leading provider of global IT research and advice, shows that IT complexity leads to lower profits and curbs an organization's ability to innovate and grow. Companies in the study who reduced IT complexities were able to realize average annual benefits of $83 million. They also achieved other benefits including faster time to market, better customer service, and the ability to reallocate IT staff to more strategic projects.  News Facts      --  Available today, a new IDC White Paper, sponsored by Oracle, titled     "Simplifying IT to Drive Better Business Outcomes and Improved ROI"     (June 2014) outlines the challenges that IT complexity creates in     today's organizations. --  For the IT department, challenges include increased operational costs,     reduced staff productivity and reduced ability to provide high levels     of service to the business. --  For the business, IT complexities lead to lower profits, less     innovation, reduced customer and user satisfaction and less     competitive advantage. --  Companies who participated in the study were able to realize annual     benefits of $3,610 per user through their IT simplification     initiatives. The average company studied has approximately 23,000 IT     users, which translates into annual benefits of $83 million. --  The study also found that IT simplification drives a number of     non-dollar benefits, including improved user productivity, faster time     to market, and better customer experience. --  Efforts to simplify IT included migrating to the cloud, investing in     engineered systems, replacing legacy systems with modern applications,     and other steps. --  Most participating organizations found that to truly simplify IT, they     needed to replace their outdated infrastructure with a simpler,     consolidated, modern foundation that was better equipped to address     today's demands. --  Click here for access to the full report.     Supporting Quotes      --  "Many companies today are overwhelmed by the cost and competitive     disadvantage that IT complexity can create," said IDC's Group Vice     President, Software Business Solutions, Michael Fauscette. "By     simplifying their IT infrastructure, organizations can devote more of     their focus and resources to delivering innovation, driving     productivity and keeping customers happy."           --  "From the boardroom to the IT department, it is clear that battling     complexity is a never-ending challenge organizations today must     address," said Oracle Senior Vice President and Chief Communications     Officer, Bob Evans. "Many of our customers are tired of doing all the     integration work themselves, so they are investing in systems that are     engineered to work together. Or they're migrating to cloud services     that work well with each other. Those companies are spending less time     and money on integration and maintenance, and more on innovation, so     they are better positioned to compete and succeed."     Methodology  Oracle commissioned the survey with IDC in 2014 to examine the degree of complexity in IT environments today and the benefits associated with simplifying those environments. The findings are based on in-depth interviews with senior business and IT executives in nine separate enterprises that span a variety of industries, including financial services, e-commerce, medical/life sciences, retail, defense/aviation, and government. The interviews also spanned a number of geographic regions, including the U.S., Europe, and Latin America.   Supporting Resources      --  Simplifying IT to Drive Better Business Outcomes and Improved ROI --  Oracle's IT Complexity Assessment --  Oracle's Bob Evans on the Value of Simplifying IT     About Oracle   Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit www.oracle.com.  Trademark  Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.  Embedded Video Available:  http://www2.marketwire.com/mw/frame_mw?attachid=2632325  Contacts:  Deborah Hellinger  Oracle +1. 212.508.7935 deborah.hellinger@oracle.com  Jessica Moore Oracle  +1.650.506.3297 jessica.moore@oracle.com     
Press spacebar to pause and continue. Press esc to stop.