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How do you define innovation?

Evolution of IT: How Do You Define Innovation?

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KPMG recently held a Webcast entitled, “Evolution of IT: Innovation” The Webcast featured a discussion with IT executives who shared their insights on innovation and disruptive technologies. Throughout the program more than 600 IT and business leaders were polled on their views. These are the results of that poll.

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Page 1: Evolution of IT: How Do You Define Innovation?

How do you define innovation?

Page 2: Evolution of IT: How Do You Define Innovation?

KPMG recently held a Webcast entitled, “Evolution of IT: Innovation”

The Webcast featured a discussion with IT executives who shared their insights on innovation and disruptive technologies. Throughout the program more than 600 IT and business leaders were polled on their views.

These are the results of that poll.

Evolution of IT: Innovation

© 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 2

Page 3: Evolution of IT: How Do You Define Innovation?

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“I consider my IT organization to be innovative.”

© 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Strongly Disagree Strongly

Agree

Neutral

Disagree

Despite the technology of today, the majority of organizations do not label themselves innovative.

Evolution of IT: Innovation

Agree

Page 4: Evolution of IT: How Do You Define Innovation?

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“How critical is IT innovation in helping my organization to achieve its goals in the next 3-5 years?”

Critical

The vast majority see the value of IT innovation.

Important

Somewhat important

Not Important

Evolution of IT: Innovation

© 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Page 5: Evolution of IT: How Do You Define Innovation?

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“My IT organization has processes that truly foster innovation.”

IT organizations still have some work to do to pave the way for innovation.

Evolution of IT: Innovation

© 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Page 6: Evolution of IT: How Do You Define Innovation?

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“Creative people enjoy working on IT.”

IT is a career that creative people can enjoy.

Agree

Disagree

Evolution of IT: Innovation

© 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Page 7: Evolution of IT: How Do You Define Innovation?

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“IT is generally too risk averse.”

There are equally opposing points of view when it comes to the propensity for risk in IT.

Evolution of IT: Innovation

Agree

Disagree

© 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Page 8: Evolution of IT: How Do You Define Innovation?

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“If you could change one aspect of IT to enable increased innovation, it would be:”

Company culture is viewed as the biggest inhibitor of innovation.

Evolution of IT: Innovation

© 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Page 9: Evolution of IT: How Do You Define Innovation?

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“Emerging technologies (e.g. analytics, mobility, software defined infrastructure, SaaS, etc.) provide an unprecedented opportunity to drive business.”

With greater technology, comes greater business opportunity.

Evolution of IT: Innovation

Strongly Disagree

Strongly Agree Neutral

Disagree

Agree

© 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Page 10: Evolution of IT: How Do You Define Innovation?

Evolution of IT: Innovation

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Please join the ongoing series—and the conversation. www.kpmg.com/us/CIOagenda To register for Webcasts and read related insights

Access the Replay (and the source for this poll): Evolution of IT: Innovation

View other polls: Evolution of IT: What’s Really Holding IT Back? Evolution of IT: Does Your IT Run Like a Utility?

© 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Page 11: Evolution of IT: How Do You Define Innovation?

Contact Us Matthew T. Bishop Partner, CIO Advisory [email protected] +1 (214) 840-2749

Evolution of IT: How do you define innovation?

11 © 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.