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Harvard Business Review Analytic Services Find Enterprise Modernization Critical to Business Survival in New Report Sponsored by ThoughtWorksCHICAGO, April 15, 2021 /PRNewswire/ -- Today, ThoughtWorks, a global software consultancy, announced the release of a new report, Building a Foundation for Resilience through Enterprise Modernization, produced by Harvard Business Review Analytic Services and sponsored by ThoughtWorks. The report provides an internal roadmap for technology leaders in traditional businesses seeking resiliency, adaptability and the foundational systems needed to support continuous innovation in a post COVID-19 world. Most importantly, the report offers IT leaders tangible strategies to increase investment in enterprise modernization (EM) projects and win support from executive leadership — from the corporate board to the C-suite. The gap between companies that have invested in enterprise modernization and those who have not has never been wider "As a result of COVID-19 and the dramatic acceleration of digital transformation projects, the gap between companies that have invested in enterprise modernization and those who have not has never been wider," said Mike Mason, global head of technology at ThoughtWorks. "The strong operational foundation provided by EM is a critical enabler for traditional companies to adapt to evolving customer needs, navigate disruption, and remain sharply competitive in today's changing landscape." "Being prepared for the current disruption — and the next — means nurturing an ecosystem of enterprise technology that can evolve based on market conditions. Companies that secured executive and board buy-in to make EM capital investments are the ones that established modern enterprise technology with interconnected, flexible systems prior to the pandemic — and are acquiring new customers and gaining market share today," said Alex Clemente, managing director of Harvard Business Review Analytic Services. The report from Harvard Business Review Analytic Services sponsored by ThoughtWorks identifies the below five essential strategies to help technology leaders educate on the value of EM and the role it plays in business resiliency. 1. Establish EM as the key to real business resiliency. 2. Create a shared language around value creation. 3. Leverage metrics to demonstrate the value of EM. 4. Experiment and test like a digital native. 5. Evolve while building off traditional roots. In conclusion, companies that continually invest in technology, beginning with EM will survive the current disruption caused by COVID-19 and will be well-positioned in an ever-evolving marketplace to meet new customer needs, launch new services and realize continued business success. For more information on enterprise modernization and to download the full report please visit this link. About ThoughtWorks View original content to download multimedia:http://www.prnewswire.com/news-releases/harvard-business-review-analytic-services-find-enterprise-modernization-critical-to-business-survival-in-new-report-sponsored-by-thoughtworks-301270159.html SOURCE ThoughtWorks |