Intelligent CIO Europe Issue 45 | Page 77

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THE JOURNEY FROM TECH SIDE PROJECT TO RETURN ON INVESTMENT

With so many technology solutions on the market today , business leaders must decide where to invest their budgets to ensure they achieve Return on Investment . Dave Russell , Vice President of Enterprise Strategy at Veeam , talks us through some of the key aspects to consider when looking to establish more advanced business operations and ensure a successful strategy for transformation .

New technologies attract a lot of hype . Descriptions used to describe new technologies such as ‘ revolutionary ’ and ‘ groundbreaking ’ have lost their impact through their overuse . Furthermore , this culture of overpromising makes technologists and customers alike cynical when they don ’ t see immediate or significant impact of new tech deployments . However , there are numerous examples of technologies that have been subjected to scepticism early on but gone on to become staple parts of the digital economy .

Alongside Digital Transformation , there are other words on CIOs ’ minds : data protection , cybersecurity , cost optimisation and digital skills , to name a few .
a more realistic judgement can be made of its use as more viable applications are discovered and deployed .
From touchscreen interfaces to the Internet of Things ( IoT ), this path is so well trodden that Gartner produces its annual hype cycle , which theorises the idea that new technologies go from early adopters ’ enthusiasm to inflated expectations , before a sense of disillusionment sets in . As understanding of the technology matures ,
There are many reasons why new technologies can initially flatter to deceive . It can simply be executed in the wrong way – possibly because the skills do not yet exist to design solutions and troubleshoot problems . Digital Transformation is one such example where businesses feel held back by a lack of skills to
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