consumerization of it - the consumer it revolution
DESCRIPTION
Today, business is witnessing a 180-degree reversal of the traditional IT. In what has been termed as Consumerisation of IT, employees – as consumers – are bringing insights and experiences into the work place, and driving business innovation. This report examines this paradigm shift, looking at the impact of C.IT on economic productivity, and, in particular, exploring the future benefits and challenges it presents for businesses. .TRANSCRIPT
© 2012 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL 1
The Consumer IT
Revolution What it means for business
© 2012 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL 2
Predicting the Future
Today
HIGHLIGHTS
Today, business is witnessing a 180-degree
reversal of the traditional IT. In what has
been termed as Consumerisation of IT,
employees – as consumers – are bringing
insights and experiences into the work
place, and driving business innovation.
This report examines this paradigm shift, looking at
the impact of C.IT on economic productivity, and,
in particular, exploring the future benefits and
challenges it presents for businesses.
.
© 2012 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL 3
The Consumerization of IT
The Consumerization of IT (C.IT) describes the growing phenomenon of consumers - and
consumer technology - driving innovation in the corporate sector
Employees are taking the experience and insight drawn from their consumer use of
hardware and mobile applications from their personal lives to their professional lives.
As products and applications become more sophisticated, employees become more
instrumental in driving an ever-greater level of innovation at work
The Consumerization of IT is having a positive and profound impact on standard of living,
employee work life and collaboration, and corporate behavior
The insights drawn on conversations from the in-depth surveys of senior
executives across five markets (USA, UK, France, India and Australia)
are discussed hence forth.
1
© 2012 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL 4
The Consumerization of IT
Over 42% of senior business
leaders polled cited ‘better
innovation’ as the most tangible
commercial benefit of C.IT.
It is driving higher levels of
productivity, increased
business and employee
efficiency, and customer
engagement and satisfaction.
2
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The Business + Consumer Benefits
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The Future is Mobile
‘Mobile’ means both a way of working and the Internet platform that makes
this work possible – inside and outside the workplace.
46% of C-suite executives polled
hailed ‘mobile devices’ as the
greatest driver of C.IT in their
company, with ‘wireless internet’
coming in at a close second
For business this means greater
access to stakeholders and
employees, stronger consumer
relationships, and increased
efficiency, productivity and innovation
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From The Outside In: Business Benefits
Lowered Cost
Increased Innovation
Stronger customer
relationships
Business systems which once required special
training are being replaced with streamlined
Internet technologies, greatly reducing the cost
of employee training and education.
Increasingly sophisticated workforce is leading
to the rise of the 'intrepreneur': thus more
streamlined processes and production of new
concepts and services.
CIT is increasing the availability and
reachablity of C-suite, India. So business can
customers on a variety of platforms and
actively engage them through mobile
technology & develop stronger relationships.
© 2012 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL 8
From The Inside Out: Consumer Benefits
Internal Consumers: Employee Benefits
External Consumers: Customer Benefits
C.IT gives the opportunity to work, where the work is
required to be done, fundamentally increasing the
quality of work-life’ for employees. Moreover
employees now have better access to each other;
resulting in better understanding amongst employees.
If consumers get information and access to services
through mobile devices and they feel secure about it,
and they're able to transact 'on the go', at their pace, at
a time they want to do it, their satisfaction is far higher
and businesses get immense benefit.
© 2012 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL 9
Productivity Gains
Some 40% of business leaders claim that ‘higher
productivity’ is noticeable in their companies as a result of
C.IT, with a further third believing it will have a positive
impact in the next 12-24 months
Data shows that no business leaders in any market doubted
the productivity benefits of the Consumerization of IT
The increased use of social, mobile, and cloud technology
that has resulted from C.IT is also driving up productivity by
increasing efficiency and simplifying administrative
procedures
For many executives (47%), the uplift in productivity from
C.IT and smart phone use is already feeding through into
the workplace, as well as being a trend that will continue to
grow stronger
Survey finds that smart phone devices that allow for greater
work mobility enable workers to add 51 minutes back to their
workday
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Trends and Challenges of C.IT
28% of business leaders named the
lack of understanding of C.IT as the
biggest restraint on the positive
impact of this phenomenon
Research shows, although there is a
desire among executives to know
more about the concept and potential
of C.IT. There is also a sense among
business leaders that the CIO’s team
could be developed and that their role
will and must change to adapt and
leverage new technologies
Skills and the Workplace
1
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Trends and Challenges of C.IT
CXO’s express their biggest concern
as being the threat to Intellectual
Property (and a risk of hacking) as a
result of C. IT
Over a third of business leaders
polled say that their companies don’t
have a BYOD policy and are not
planning to adopt one
For business leaders it is less
important whether it’s an employee
owned device or a company owned
device, what matters are the legal
issues around access, particularly
ownership and the innovation it can
facilitate and inspire
Technology, Ownership and Security
2
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Consumerization of IT in Numbers
More than 2 in 5
respondents name
higher productivity as
the biggest impact on
business as a result of
C. IT
Nearly 1 in 2
respondents see
personal mobile
devices as key
drivers of C. IT
More than half of
respondents named
enhanced ability to meet
customer need as the
biggest impact on
business as a result of
C. IT
Over a third of
respondents said that
their company doesn’t
have a BYOD policy
and is not planning to
adopt one
More than half of
respondents said that
their companies put in
place advanced
security standards as a
result of C. IT
Almost 3 in 5
respondents from the
US said that their
companies introduced
flexible/ mobile working
opportunities as a result
of C. IT
73% of respondents
from France named
‘risk of hacking’ as
their primary C. IT
related concern
© 2012 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL 13
Conclusion
The impact and implications of C.IT suggest that there
is a positive impact for business and internal
consumers
Employees are experiencing a higher quality of life
through new technologies, and having greater
influence and opportunity in the economy, either as an
entrepreneur or ‘intrepreneur’
Corporate accountability’ will become stronger and
companies and markets will become more transparent
as a result of C. IT
At a time when there is pressure on business to
rebuild stakeholder relationships and demonstrate a
greater commitment to society - the rise of mobile has
the potential to deliver positive commercial and social
outcomes
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For more details please visit the link below:
http://www.wipro.com/Documents/insights/The_Cons
umer_IT_Revolution.pdf
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About Wipro Technologies
Wipro Technologies, the global IT business of Wipro
Limited (NYSE:WIT) is a leading Information
Technology, Consulting and Outsourcing company,
that delivers solutions to enable its clients do
business better. Wipro Technologies delivers winning
business outcomes through its deep industry
experience and a 360 degree view of “Business
through Technology” – helping clients create
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innovation and an organization wide commitment to
sustainability, Wipro Technologies has over 135,000
employees and clients across 54 countries.
For more information, please visit www.wipro.com
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Thank You ©Wipro Limited, 2012. All rights reserved.
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