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:
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    needed to replace their outdated infrastructure with a simpler,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."

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
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

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