53% still struggle to fund new application development projects, says the research
Over half of CIOs/IT directors in the UK have disclosed that they do not have a complete view of what exists in their application portfolio nor how their portfolio is aligned to overall business need, according to a research commissioned by global ICT-based business solutions provider Fujitsu.
Counterfeit applications are also on the rise in UK firms, further compounding the unnecessary cost and complexity associated with application management, with half saying the level of duplication was moderate to ‘too much.’
The research found that two thirds of respondents felt that their applications portfolio was only partially aligned to their business strategy or not at all.
A mere 39% said they had the right strategy to manage their organisations portfolio and more than half said they could not demonstrate to their business that they have clear visibility of their applications portfolio.
Nearly two thirds could not provide the true cost of running applications in their business.
Forty seven per cent said they did not have the resources to ensure maximum value from their applications.
In the area of applications development, nearly 75% felt that the development and support of current applications was high on their organizations’ agenda.
However, over half still struggle to fund new application development projects (53%), revealing a strong disconnect between business need and budgetary reality.
Fujitsu Applications CTO Andrew Brabban said the lack of understanding of how much the application portfolio is costing means that companies have no way of telling how much is being wasted.
"How many companies can afford to be running applications that are not delivering maximum value? Any hopes of applications becoming a strategic enabler for the business certainly seem a long way off for the majority of companies," Brabban said.
