Intelligent CIO Europe Issue 30 | Page 35

ns fail to complete tion projects The IT services provider’s 2020 Mainframe Modernisation Business Barometer surveyed business and technology employees working for large enterprises with a minimum annual turnover of US$1 billion across the UK. The report explores trends within the mainframe market, the challenges organisations face and the case for application modernisation among large enterprises across the globe. With a lack of success or progress in a large number of legacy system modernisation projects, the report also suggests a disconnect between business and technical teams could be to blame. In fact, the primary motivations behind pursuing modernisation initiatives varies between those with more businessfocused versus technical job roles – as does their chances of success when securing funding for these projects. The research finds that CIOs and heads of IT are more interested in the technology landscape of their organisation as a whole, whereas enterprise architects are more internally focused. A total of 87% of enterprise architects cite poor performance and other technical influences as the primary reason to modernise, whereas CIOs and heads of IT cite business competitiveness (65%), security (57%) and integration (48%). ////////////////// rtner to deliver an aS banking solution lications, as well as . e-proof approach n and unparalleled s financial lobe to deliver xperiences eds of today’s xperiences over products. Backbase’s and Mambu’s combined offering provides financial institutions with a fully integrated end-toend cloud-native digital banking solution on an open and modern architecture. Financial institutions that are exploring new ways to modernise their IT infrastructure can create new value for their clients on a daily basis and dramatically reduce their backend operating costs.