4 Emerging Business Needs That Will Re-Define IT Relevance

Businesses are coping with difficult times. The current economic condition of moderating growth and increasing costs is creating deep structural shifts at both the macro and the micro levels. The business imperatives are gradually transiting from an old combination of high business growth (from fewer user segments, products and services), organizational slack (positive difference between resources available and resources needed) and linear business expansion, to a new combination of business agility (with lowering growth and that too expected to come from many fleeting opportunities from many user segments, products and services), risk management (due to uncertainties of the success of the multiple initiatives, products and services) and cost control (as funds are not easily available). ..»