IT suppliers going through a big shift

MUMBAI, INDIA: The digital world runs faster for many traditional IT suppliers. In the past, the top technology companies reigned over the industry for long periods of time. However, now the leaders in areas such as cloud and mobile were not on many CIO's radar five years ago, as per Gartner.

"What many traditional IT vendors sold you in the past is often not what you need for the digital future. Their channel strategy, sales force, partner ecosystem is challenged by different competitors, new buying centers, and changed customer business model," Peter Sondergaard from Gartner said. "Digitalisation creates an accelerated technology-driven start up environment across the globe. Many of the vendors who are on top today, such as Cisco, Oracle, and Microsoft, may not be leaders in the Digital Industrial Economy."

All of these "things" connected to the Internet generate data. People and their activities create data. Smart machines consumer and produce data, and mobile devices are the windows into data. Mr. Sondergaard said the effective digital enterprises harness that data to change their business.

With all of this valuable data within the IT organisation, cyber security will be an ongoing concern, both inside and outside the enterprise. Mr. Sondergaard said IT leaders should anticipate events and headlines that continuously raise public awareness or create fear.