IT and Business Value
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IT and Business Value

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In early 2012, Wipro sponsored a survey of 268 executives to find out how CIOs can link IT investment with business value to enhance their company’s performance. The following slides present the ...

In early 2012, Wipro sponsored a survey of 268 executives to find out how CIOs can link IT investment with business value to enhance their company’s performance. The following slides present the findings of the survey.

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IT and Business Value Presentation Transcript

  • 1. MAKING IT MATTER1 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 2. Making IT Matter CIOs who can link IT investment with business value can positively impact their companies’ performance In early 2012, Wipro sponsored a survey of 268 executives to find out how CIOs can link IT investment with business value to enhance their company’s performance. The following slides present the findings of the survey.2 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 3. Executive summary of the Wipro survey report • The way that corporations view technology has shifted significantly in recent years. • IT today is often seen as an operational overhead rather than a competitive weapon. • CIOs today must take on an important challenge – restoring the perception of IT in the enterprise as a strategic enabler rather than just necessary infrastructure or software. • The way to accomplish this is by understanding the company’s goals and showing business leaders how IT projects and services can help reach them faster.3 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 4. Strong correlation between IT as a strategic enabler and financial performance4 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 5. How IT can impact the business5 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 6. Approach to IT spending6 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 7. Aligning IT spend with business goals7 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 8. Relationship of IT and business8 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 9. Steps to success Understand Gain trust Achieve business goals • The CIO must • The IT • CIOs must gain a department determine nuanced must ensure how IT understanding that it is investments of the viewed as a can help organization’s partner who achieve business provides business strategy for ‘value for goals, and today and money’ and describe these tomorrow can be relied benefits in upon for the concrete basics business terms – RoI, reduced time- to-market, etc.9 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 10. Conclusion • The onus is on CIOs to not only understand and control but also effectively communicate IT costs – and quantify value – to their counterparts so that the return on these investments is clear to all. • CIOs who can successfully do this become valued partners with the business, and begin IT’s transformation from infrastructure back to strategic. • During this process, CIOs must work to improve IT’s relationship with business leaders. • It’s the job of the CIO to improve how IT is viewed by the rest of the C-suite and business leaders across the enterprise.10 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 11. For more details please visit the link below : http://www.wipro.com/Documents/resource- center/It_investments_and_business_value.p df11 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 12. About Wipro Technologies Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of “Business through Technology” – helping clients create successful and adaptive businesses. A company recognised globally for its comprehensive portfolio of services, a practitioner’s approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has over 130,000 employees and clients across 54 countries. For more information, please visit www.wipro.com12 © 2012 WIPRO LTD | WWW.WIPRO.COM
  • 13. Thank You ©Wipro Limited, 2012. All rights reserved. For more information visit www.wipro.com No part of this document may be reproduced in whole or in part without the written permission of the authors. Wipro is not liable for any business outcome based on the views presented in this document. For specific implementation clients should take advise from their client engagement manager.13 © 2012 WIPRO LTD | WWW.WIPRO.COM