Governance And Compliance Requirements
Every business is under pressure to conform to governance and compliance requirements of some form. These can include anything from ISO processes or stock market requirements through to stringent regulations in industries such as Banking or Pharmaceuticals. One of the top 5 strategic elements impacted by legislative and regulatory change is improvement in information management and protection – an area that sits squarely within the IT function. CIOs not only need to evaluate the business impact of technology initiatives, but also understand the legislative impact. Discover how working with Rackspace can help with regulatory compliance.
Finding New Revenue Streams
Staying ahead in a changing market is all about providing the ability for CIOs to develop and deploy new applications quickly and cost effectively. Rackspace helps businesses to take a fundamentally new approach that allows far more flexibility in testing new ideas and supporting top line growth. Generation Y are driving trends such as consumerisation and BYOD that CIO’s can no longer ignore. Studies show than more than 70% of the average IT department’s time and effort is expended just ‘keeping the lights on’, leaving little time to focus on innovation to drive business success.
Improving Cost/Income Ratios
The biggest challenge facing IT is still around delivering more and better quality services for less money. It is challenging to get approval for capital expenditure projects, particularly in a tough economic climate. Hosted solutions provide many and varied potential cost savings over traditionally owned infrastructures. You can also choose the most appropriate delivery models depending on a wide variety of use cases and attitude towards information governance.