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The Technology Performance Impact Equation

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What’s the true impact of technology performance issues? After surveying 304 executive from global organizations, we found that despite a growing dependence on technology, few businesses give performance or #techfail(s) the attention and investment it requires.

The full study can be found at http://www.compuware.com/techfail

Published in: Technology, Business
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The Technology Performance Impact Equation

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  2. Measuring IT performance and its impact on business is a complicated activity. 3
  3. Measuring IT performance and its impact on business is a complicated activity. As a result, 4 MOST COMPANIES DON’T FULLY UNDERSTAND THE COST OF A TECHNOLOGY PERFORMANCE ISSUE. Paul Czarnik, CTO Compuware
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  5. THE AVERAGE COST OF A MAJOR TECHNOLOGY FAILURE? 6
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  7. Who We Surveyed 8
  8. 304CORPORATE EXECUTIVES FROM GLOBAL COMPANIES 9
  9. 10 74% from companies with an annual revenue of $5 billion or more.
  10. 11 And … e-commerce was excluded to keep the focus on operational impact.
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  12. 13 94%of executives reported a major technology performance issue within the past 3 years.
  13. 14 51% say a major issue occurred in the past 3 months #TECHFAIL
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  16. 17 When our distribution inventory databases went down, we couldn’t ship our product. Plus, we lost awareness of stock levels, causing us to resort to a manual count. The bottom line was a big loss in sales, plus some very upset customers. — U.S. Based Manufacturing Executive
  17. We hate to be the bearer of bad news … 18
  18. We hate to be the bearer of bad news … But the deeper you dig, 19
  19. We hate to be the bearer of bad news … But the deeper you dig, 20 THE LARGER THE RAMIFICATIONS OF TECH PERFORMANCE ISSUES.
  20. 21 80% MORE THAN #TECHFAIL Said this identical failure happened before, with half reporting it occurred at least one to two times prior.
  21. Technology Performance Failures are not easily resolved… 22
  22. THE CHALLENGE: IT Departments are treating symptoms, not finding solutions for tech failures. 23
  23. 24 IT TAKES #TECHFAIL TO GET BACK TO NORMAL AFTER A FAILUREDAYS
  24. 25 A thriving company must have a thriving, respected and LoB integrated IT department. Paul Czarnik, CTO Compuware
  25. 26 And your company’s IT department is missing the REAL IMPACT on your business …
  26. 27 IT Executives said it took just 11 DAYS to recover from a failure.
  27. 28 IT Executives said it took just 11 DAYS to recover from a failure. LoB Executives … 24 DAYS
  28. 29 75% of executives report the frequency of IT failures are increasing or staying the same. #TECHFAIL
  29. 30 This lack of integration is compounding the negative effects of technology failures, causing SIGNIFICANT LONG-TERM IMPACT.
  30. 31 45%of executives say tech failures result in a loss of market share or brand equity. #TECHFAIL
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  35. 36 No company can roll back IT complexity. And that is a major cause of costly and repetitive technology issues. A holistic technology performance strategy is critical to business success. Paul Czarnik, CTO Compuware
  36. Technology Performance can make or break your business. Read the full study at Compuware.com/techfail 37

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