It’s not easy to build modern applications that integrate with your existing systems like SAP and that work across all devices. In fact, it seems virtually impossible for IT to meet all business demands with current budgets, resources and approaches. But business keeps changing and IT needs to respond rapidly and innovate in order to stay relevant.
Why does IT struggle to innovate?
According to Gartner and other analyst reports:
- 80%-85% of IT budgets are spent just "Keeping the Lights On" (KTLO)
- Backlogs are compounding annually at a rate of 10%-20%
- 42% of the initial cost of an application is spent year after year to maintain it