Large companies often struggle with complex IT systems that develop due to acquisitions, leading to inefficiencies in operations. A Hexagon report revealed that 70% of executives noted an increase in tools and data sources, with manufacturing heavily affected. This complexity hinders IT’s ability to support strategic goals, and it frequently requires teams to spend excessive time on integration and data consolidation. For instance, IT teams reported spending 40% of their time building integration applications, showcasing the operational burden. In the luxury sector, growth strategies have led to fragmented technology stacks, undermining the ability to comply with regulations like Europe’s NIS2 Directive.
Organizations can avoid these pitfalls by adopting strategies that promote consistency without sacrificing creativity. Building a digital backbone with core systems, such as Enterprise Asset Management, can enhance interoperability. It is crucial to integrate these systems into newly-acquired entities to maintain efficiency. Well-defined strategies, as practiced by companies like Eiffage and Pfizer, demonstrate how a structured approach can lead to improved operations. Moreover, achieving a balance between consistency and flexibility will position companies to respond effectively to market demands while ensuring compliance with evolving regulations.
👉 Pročitaj original: CIO Magazine
