2nd Annual iRise CIO Survey Highlights Renewed Emphasis on Innovation as Strategic Imperative.89% of IT Executives Want to Spend More Energy on Innovation Initiatives Yet Limited IT Resources Stall Efforts NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- iRise[R], the world's leading application definition software company, today announced the results of its second annual CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. survey. Commissioned by iRise and conducted by Decipher, the September 2006 survey of 200 U.S.-based IT executives found that innovation is a formal strategic goal of their company. Approximately 89% of IT executives want to spend more energy on innovation initiatives, yet a majority state that limited IT resources stall more innovation. The survey polled 200 IT executives, the vast majority of whom represent multi-billion dollar plus companies, and all of who are at the VP level and above. IT executives aim to translate the imperative of more innovation into increased revenues in an increasingly competitive, global economy. Usability and design (e.g. of an online banking site, travel portal or employee-facing application) have taken center stage, with 94% of respondents stating that design is an essential part of application development, and 80% noting that usability of customer-facing applications is a competitive differentiator. Other key survey findings include: * Competitive advantage: Staying competitive in the marketplace was the #1 reason cited by IT executives (67% of respondents) as a key indicator of their company's performance on innovation initiatives. * Communication between business & IT: More than half of IT executives are dissatisfied with their organization's current method of defining applications, primarily because their business changes its mind mid-stream and isn't fully invested in the definition process. * Functionality: 82% of completed Web-based application See Web application. projects experienced a significant amount of missing functionality due to poor requirements processes. * Staffing: Almost half (47%) are hiring more business analysts as a result of the pressure to innovate, acknowledging the increasing importance of that role. * Limited Resources: Time and resources are the main limiting factors for the vast majority of IT executives who don't create coded prototypes of every application before development. "Corporate spending is no longer just about keeping the lights on, it's about companies' struggles to gain a competitive edge and increase top line growth," said Mitch Bishop, chief marketing officer of iRise. "This survey clearly shows that IT organizations are looking to partner with business people to help stimulate growth, and they want technology that moves innovation initiatives along faster, without delays. Moreover, the consumer Internet has raised the bar for usability: user-centered design In broad terms, user-centered design (UCD) is a design philosophy and a process in which the needs, wants, and limitations of the end user of an interface or document are given extensive attention at each stage of the design process. is the differentiator for greater adoption, productivity and brand loyalty." Download the survey at: http://www.irise.com/resources/surveys.php. About iRise iRise[R] (www.irise.com) is dedicated to bridging the communication gap between business and IT by improving the process of defining software. Leading corporations like Agilent, Fireman's Fund, Sprint, Wachovia, Sun Trust Bank, Royal Caribbean Cruise Lines
Name Headquarters A'rosa Europe NCL America America AIDA Cruises Europe American Cruise Lines America and Motorola use its market leading application definition platform to get requirements right - the first time. iRise application simulations cut rework re·work tr.v. re·worked, re·work·ing, re·works 1. To work over again; revise. 2. To subject to a repeated or new process. n. costs, accelerate time to market and reduce the risks associated with global development on mission-critical business systems initiatives. Unlike text-based requirements, visual iRise simulations are unambiguous and enforceable specifications that ensure the needs of the business are clearly understood and met. iRise simulations can be built by business experts and used in a collaborative global model to quickly iterate it·er·ate tr.v. it·er·at·ed, it·er·at·ing, it·er·ates To say or perform again; repeat. See Synonyms at repeat. [Latin iter on stakeholder stakeholder n. a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property. requirements with business people, dramatically improving project success. Headquartered in El Segundo El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif., iRise is backed by Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Venture Partners and has sales
offices across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. .
iRise is a registered trademark of iRise. All other companies and products mentioned are trademarks and property of their respective owners. |
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