META Group today announced the results of a survey sent to over 500 delegates registered for the first two METAmorphosis conferences that are being held in the US in February.
The survey, conducted prior to the event, was initiated to provide participants with critical data on current IT portfolio management practices, as well as insights into organisations` integration efforts. META Group`s METAmorphosis conference, to be held from 27 to 29 May at Caesars Gauteng, focuses on the challenges of delivering the integrated portfolio.
"As cost reduction pressures continue, many organisations are undertaking challenging integration initiatives to achieve ROI," says Willie Appel, vice-president, international, enterprise architecture strategies, at META Group. He believes that, if not executed with a portfolio management approach, integration efforts will prove costly. Among those surveyed, 56% of respondents indicate having adopted the IT portfolio management (PfM) approach or plan to adopt it in 2003/04.
"This confirms the IT PfM discipline has passed its early-adoption stage and is now rapidly expanding among IT organisations in all industries, from manufacturing to government and non-profit organisations. Nearly 60% of organisations have deemed portfolio management a CIO responsibility, with 43% of cases involving a program management office (PMO), " continues Appel.
The survey uncovered that streamlining existing processes and using IT portfolio management are the top two key process issues among respondents. Reducing cost is not always the main driver. Process transformation is measured by increased value 88% of companies use measurements primarily to communicate IT value to the lines of business (LOBs). A majority of respondents believe that increasing value and creating agility while reducing cost can be best achieved by investing in Web services. The survey revealed the following trends:
* 64% of respondents plan to enhance integration capabilities with Web services.
* 62% of respondents plan to deploy new applications.
* 55% of respondents plan to consolidate past investments.
* 50% of respondents plan to deploy a new infrastructure.
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The survey of 219 US IT professionals was conducted via e-mail in January 2003. It collects the latest facts about their current IT portfolio management practices and use of IT measurement techniques. Organisations planning to attend METAmorphosis in San Diego and Orlando were invited to participate in the e-mail survey. The survey was targeted at internal IT departments in user organisations. The survey sample covered major industry segments and organization sizes, and the primary topics included the following:
* Adoption of IT portfolio management.
* Use of IT performance and measurement techniques.
* IT workforce transformation issues and priorities.
* IT process transformation issues and priorities.
* Technology/IT platform transformation issues and priorities.
* Spending and budgeting/planning trends.
METAmorphosis program highlights
This year, many of the breakout tracks will feature two-hour and 15-minute "super sessions" chaired by META Group`s subject experts. These intensive presentations will help business and IT leaders get critical insights and provide more "how to do it" best practices on the most challenging issues facing IT and business managers from Web services, risk management and security, and infrastructure, to IT portfolio management, performance management and outsourcing.
METAmorphosis 2003 Conference, Caesars Gauteng, Johannesburg, 27 to 29 May 2003
META Group`s 14th Annual Forum for Meeting IT and Business Change Delivering the Integrated Portfolio: People, Process, Platforms and Performance
For more information or to register, visit www.metagroupsa.co.za
META Group
META Group is a leading research and consulting firm, focusing on information technology and business transformation strategies. Delivering objective, consistent, and actionable guidance, META Group enables organisations to innovate more rapidly and effectively. Our unique collaborative models help clients succeed by building speed, agility and value into their IT and business systems and processes.
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