Report: 93% of IT leaders don’t have a digital integration strategy

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According to Digibee’s 2022 State of the Enterprise Integration report, while the majority of IT leaders in the financial, manufacturing and retail sectors argue that digital business integration is a business necessity, only 7% actually have an established strategy. A total of 93% of respondents rated the importance of a business integration strategy to their company as necessary or nice to have.

Image credit: Digibee.

While most IT leaders surveyed agree that systems and data integration are critical to companies competing in a digital-first world, they seemed to be at a loss to a strategy to implement that integration. Ninety-four percent admitted they didn’t even consider a specific technology.

Justifying the investment is difficult, especially when faced with pressing priorities that deliver immediate returns. Resources are limited and existing legacy infrastructure often stands in the way of innovation.

Of the respondents whose company has prioritized their integration initiatives, only 7% have succeeded in implementing a business integration strategy. Most are still in the planning stage (53%) and plan to activate their strategy within the next 12 months, while more than a third (36%) of respondents said nothing is planned.

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The high cost of not having a digital integration strategy

The costs of implementing digital transformation without a solid strategy can be high, both in dollars and in labor costs. According to Digibee, without a proper strategy, many respondents took a piecemeal approach to integration, focusing on immediate needs without regard to longer-term goals. Often hampered by legacy infrastructure and other challenges, companies must constantly rebuild one-time integrations to keep the business going.

More than half of CIOs and 45% of system architects and developers said they had to rebuild integrations for existing key business applications six to 10 times in the past 12 months, while 98% of respondents had done integrations for existing key business applications in the past 12 months. 12 months.

Image credit: Digibee.

Even with the roadblocks preventing companies from starting or completing their system and data integration, the need for such integration is critical. In a discussion of the accelerating pace of the cloud shift, Gartner said: “Technology and service providers that fail to adapt to the pace of the cloud shift are at greater risk of becoming obsolete or, at best, relegated to markets with low growth.”

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Developed in collaboration with research firm CensusWide, Digibee’s research is based on a survey of more than 1,000 U.S.-based CIOs, developers, and enterprise architects, conducted from April 27 to May 5, 2022.

Read Digibee’s full report.

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This post Report: 93% of IT leaders don’t have a digital integration strategy

was original published at “https://venturebeat.com/2022/08/08/report-93-of-it-leaders-have-no-digital-integration-strategy/”

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