Your It Infrastructure May Be More Outdated than You Think

While many IT leaders believe they have best-in-class IT tools, CEOs worry about the age of their IT systems, resulting in a key internal business tension as tech obsolescence accelerates. CEOs and CIOs appear to have conflicting views of the readiness of their organizations’ IT systems, with a large majority of chief executives worried about them being outdated, according to a report from IT services provider Kyndryl. About two-thirds of CEOs say they’re concerned their IT tools are out-of-date or close to the end of their lives, according to Kyndryl’s survey of 3,200 business and IT executives. Meanwhile, 44% of executives surveyed, including IT leaders, say they have IT systems aged past their expected lifespans. But in conflict with CEO fears, 90% of IT leaders are confident their IT infrastructure is best in class. Still, IT leaders have their own concerns: Only 39% feel their IT infrastructure is ready to manage future risks and disruptive forces. The findings “show that while there is a certain degree of confidence from leaders about their ability to deliver against challenges, they also report blind spots and vulnerabilities that cannot be ignored,” the report’s authors write. “Business and IT leaders that recognize this paradox and reconcile it in their decision-making will be in better position for both short- and long-term success.”

To find out what Andrey Ivashin, CIO at Dyninno Group, says, click here