How can your business integrate multiple technologies? | ALC Training News

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Think back to the bygone era of the early 2000s, when we had somehow managed to survive the Y2K bug and chokers, peasant tops and ties as belts were all the rage. Business technology was generally separated into one machine for each single task and the functional capabilities of these were limited, to put it mildly. 

However, the scope of IT has expanded significantly in the past 15 years and companies can no longer afford to idle along without considering how to utilise technology across the breadth of their operations .

Following our new leader's push for an agile Australia, how can business better integrate multiple technologies successfully? 

Technological trends drive business growth 

Cataloguing and analysing information in the most efficient manner possible will become key to business success.

In Deloitte's Tech Trends 2015 report, one of the most important current aspects of IT management is be the ability of a CIO to link technology with business strategy. CIOs must be aware of how innovations can serve a strong purpose in their particular workplace.

Deloitte also highlighted Big Data as a major consideration for all leaders within a company. Organisations that are unable to properly utilise, store and process data will find they have increasing "financial and intellectual frustration, confusion, and exhaustion", as stated in the report. 

When handling larger data sets from across the company, ITIL training should be a key priority for businesses. According to a recent analysis from IDC, there was a 44 per cent increase in the storage capacity of integrated infrastructure and platforms shipped worldwide compared to the same quarter last year. With the rise in data storage, cataloguing and analysing information in the most efficient manner possible will become key to business success.

Platforms become more streamlined

Even the most tech-savvy companies can rethink how to streamline individual processes and emerging technologies are gaining clout. For example, recent analysis from Frost & Sullivan found the value of the global real-time location systems (RTLS) market will grow to over $4 billion in revenue by 2021. More companies are expected to adopt this application, especially in healthcare, industrial and manufacturing sectors.

CIOs need to be aware of growing technology markets. CIOs need to be aware of growing technology markets.

"The development of software platforms that can support numerous technologies will form the basis for next-generation RTLS," said Senior Research Analyst Nandini Bhattacharya.

"This convergence of technologies will also lead to more robust solutions and strengthen the use case of RTLS."

Platform such as this can add a lot of value to many firms, although business leaders will need to careful analyse how exactly they will contribute to existing processes. 

If your business is ready to expand its technological capabilities, IT governance training can be useful in managing these new systems.