NTT DATA, a leading global IT infrastructure and services company, has found that 80% of organisations agree that inadequate or outdated technology is holding back progress and innovation efforts. These findings come from NTT DATA’s inaugural Lifecycle Management Report. Unfortunately, lifecycle management can also have an even more direct impact on operations. They represent an opportunity and a challenge for leadership, as effective lifecycles can result in huge business benefits – from increased efficiency to fostering greater innovation. However, inefficient lifecycle management can equally be a meaningful operational blocker, posing numerous risks to security and business continuity.
