Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Business

84% of organisations say an inability to quickly roll-out new services and applications to their workforce is impacting on business competitiveness
84% of organisations say an inability to quickly roll-out new services and applications to their workforce is impacting on business competitiveness

Published : , on

Capita and Citrix survey reveals cost, security concerns, and legacy technology as biggest barriers to workspace agility

The vast majority (84%) of organisations believe an inability to quickly roll-out new services and applications to their workforce is impacting their ability to stay ahead of the competition, according to new research from Capita and Citrix.

The survey of 200 CIOs and senior IT decision makers reveals that cost (48%), security and compliance concerns (47%), and legacy technology (44%) are the biggest barrier towards creating the agile workspaces that today’s organisations strive for.

The overwhelming majority (93%) of organisations say that younger employees are driving demand for more flexible technology and ways of working. Furthermore, 91% believed the IT user experience was important in attracting and retaining new talent, with 55% of mid-size organisations stating it was ‘very important’ – underlining the value of retaining talented employees for smaller enterprises.  However, despite demand from employees, 88% of organisations also admitted that dated capex budgeting models were making it more difficult for them to create agile workspaces.

“The digital revolution has had a substantial impact on how we work and what our expectations of our working environments are. As organisations look to move away from a traditional desktop IT environment to a more flexible one that caters for mobile, remote, and more digital-savvy employees, the appeal of an agile workspace has grown,” said James Bunce, Director, Capita IT Services. “The nirvana for many organisations is creating an agile workspace that puts users first – giving them everything they need, to work productively, in one single place – from applications, to shared data and documents, to self-service support. However, stitching these facets together is not an easy task, particularly as IT environments have grown in complexity. As the research shows, an agile workspace is not just a luxury for organisations but is fundamental to their success and ability to compete.”

Bring your own device or bring your own problem? 

As organisations look to create a more user-centric workspace, increasing numbers are turning toward a ‘Bring Your Own Device’ (BYOD) approach:

  • 46% of the organisations surveyed say they have introduced BYOD; a further 35% say they are considering it.
  • Of those organisations that have adopted BYOD, 92% believe it has increased employees’ productivity.
  • However, those organisations who have adopted BYOD admit it has increased security risks (87%), the burden on IT support (89%), and IT management challenges (88%).

On average, respondents to the survey think the number of IT support requests due to remote and mobile working has increased by a quarter (25%). Further, as ‘shadow IT’ has continued its rise, 83% of organisations admitted it is a challenge to keep their remote and mobile working policy up to date.

Is help at hand? 

A key factor in user-centricity is assessing how employees feel about their working environment. The research reveals that more than three-quarters (79%) of organisations are currently measuring the IT user experience. On average, organisations measure the IT user experience six times a year, but more than a quarter (28%) say they are only monitoring it once or twice a year.

In recent years, the ability to ‘self-serve’ has played a central role in improving the user experience, and IT support is no exception.

  • Neary two-thirds (64%) of organisations have implemented IT self-service tools; a further 30% said they will be doing so in the next 12 months.
  • Of those organisations offering self-service, 86% feel support tickets have been reduced to some extent.
  • Most organisations (82%) that have implemented IT self-service are currently measuring employees’ usage; this figure is even higher for mid-size organisations at 95%.
  • Most respondents (87%) that have implemented IT self-service are also gathering user feedback to improve usability.

However, the survey reveals there is still work to be done in ensuring that self-service technology upgrades the user experience, as the majority of organisations (83%) say they still typically find out about users’ experience of IT through calls to the helpdesk.

“The findings show that while many organisations have adopted BYOD the full benefits are yet to be realised, as security and support concerns remain. A reluctance to give staff access to their preferred technologies holds back enterprises from becoming truly user-centric, therefore organisations must seek out solutions the enable BYOD in a secure manner while minimising the support burden,” added Bunce. “A truly agile workspace should allow IT teams to continually monitor user experience, yet for many it remains a reactive rather than a proactive function, with the onus on users to report issues. Without tools in place to monitor environments in real-time and enable IT teams to rectify issues more quickly, organisations risk creating a dispersed workforce of unhappy employees.”

The legacy problem 

From a technology perspective, the majority of organisations (87%) say legacy applications are slowing their journey to creating an agile workspace, with the cost of re-architecting or transforming applications (68%), disruption to the user experience (43%), and a lack of in-house skills to modernise applications (36%) cited as the main causes.

Evolving alongside this application challenge has been the shift towards cloud computing, with organisations looking to Software-as-a-Service (SaaS) applications to increase workspace agility. Yet only a quarter (25%) of organisations think SaaS applications meet their requirements, with this figure dropping to 17% in mid-size organisations.

“An agile workspace is one in which employees can access all the applications and data they need, empowering them to collaborate with colleagues over any connection. This is easier said than done for most organisations because migrating from legacy remains a challenge,” said Justin Sutton-Parker, Director, Partners, Northern Europe at Citrix. “Ultimately, businesses are looking for cost-conscious, scalable and flexible solutions to enable productivity and deliver efficiency, often combined with a cloud-first approach – to help tackle legacy issues and embrace the digital workspace.”

Commenting on the findings Professor João Baptista, Director of MSc Business Consulting at Warwick Business School, said: “The digital revolution in organisations has mostly been visible in words and intentions, very few studies have captured the real effects on the ground and the challenges faced by those pushing these ideas into practice from within organisations. This report by Capita and Citrix is a useful examination of where organisations are today on this journey and a good diagnosis of the real challenges hindering progression. Some of these challenges such as costs and the weight of legacy systems and processes are more intuitive but what the report also highlights is the lack of focus on employees to create a user-centric platform of work, one that responds to new practices and patterns of work in modern organisations today. The report provides useful ideas for moving forward towards a more employee-centric organisation.”

The Capita CIO Research: Delivering Digital Transformation Demands Agile Workspaces – Where are Organisations Today? is available for download at www.workspaceagility.uk/cio-research .

*The research was undertaken in July 2018 by independent market research company, Vanson Bourne. The total sample size of 200 consists of 100 CIOs and senior IT decision makers from enterprises with over 1,000 employees, and 100 from enterprises with 500 – 1,000 employees.

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post