Companies fail to measure benefits of technology
Survey shows that the value of implemented technology is not being measured
Less than half of companies across the globe measure the impact that new
technologies have upon on their business, according to a new survey by the
Economist Intelligence Unit.
The majority of executives surveyed claimed that advances in technology were
the most critical force for change in the business environment, and the results
show that the majority of companies are keen on monitoring emerging technologies
and measuring the potential impact they could have on their business in order to
achieve a competitive edge.
Despite this, the survey shows that most companies are failing to calculate
the actual value of the technology once implemented, and almost half of all
companies are failing to manage emerging cyber threats and vulnerabilities to IT
systems.
The survey, which was conducted in August 2005 and reflects the views of a
cross-section of 127 senior executives, aims to highlight how effective
companies are at identifying and exploiting new technology.