Analysts Explore the Gartner 2022 CIO and
Technology Executive Agenda at Gartner IT Symposium/Xpo 2021
Americas, October 18-21
Enterprises must embrace business composability to thrive
through disruption in 2022 and beyond, according to Gartner, Inc.’s
annual global survey of CIOs and technology executives.
Business composability is the mindset, technologies, and set of
operating capabilities that enable organizations to innovate and
adapt quickly to changing business needs. It is built on applying
the key principle of modularity to business assets to achieve the
scale and pace required of business ambition.
“Business composability is an antidote to volatility,” said
Monika Sinha, research vice president at Gartner. “Sixty-three
percent of CIOs at organizations with high composability* reported
superior business performance compared with peers or competitors in
the past year. They are better able to pursue new value streams
through technology, too.”
Gartner analysts presented the survey findings during Gartner IT
Symposium/Xpo Americas, which is taking place virtually through
Thursday.
Investments in AI, Cloud and Security Technologies Support
Business Composability
Artificial intelligence (AI) and distributed cloud are the two
main technologies that a majority of high-composability enterprises
have already deployed or plan on deploying in 2022. These
technologies are a catalyst for business composability because they
enable modular technology capabilities.
Cyber and information security is at the top of the list of
planned investments for 2022, with 66% of all respondents expecting
to increase associated investments in the next year. This is
followed by business intelligence/data analytics (51%) and cloud
platforms (48%).
“There is a continued need to invest in cybersecurity as the
environment becomes more challenging. A high level of composability
would help an enterprise recover faster and potentially even
minimize the effects of a cybersecurity incident,” said Sinha.
High-Composability Enterprises Leverage IT Better
On average, high-composability enterprises expect greater
increases in revenue and IT budget in 2022 than their moderate-or
low-composability peers. In 2022, CIOs and technology executives at
high-composability enterprises expect their revenue and IT budgets
to grow, on average, by 7.7% and 4.2%, respectively, while
low-composability enterprises only expect both to increase by 3.4%
and 3.1%, respectively.
“Most high-composability enterprises set up strategic planning
and budgeting as a continuous and iterative activity to adjust to
change more easily,” said Sinha. “Without big deficits to remedy
elsewhere, CIOs can afford to invest in composability, especially
for IT developers and business architects who can design in a
composable manner.”
Globally, IT budgets are expected to grow at the fastest rate in
over ten years with an average growth of 3.6% in overall IT budget
for 2022 reported among all survey respondents.
Three Domains of Business Composability
With volatility serving as a business driver for the foreseeable
future, CIOs are in a unique position to advance the three domains
of business composability: composable thinking, composable business
architecture and composable technology.
Composable Thinking “Business composability isn’t uniformly high
across the economy because it requires business thinking to be
reinvented,” said Sinha. “Traditional business thinking views
change as a risk, while composable thinking is the means to master
the risk of accelerating change and to create new business
value.”
CIOs leading high-composability enterprises recognize that
business conditions often change, from customer demands to
financial models, and empower the teams that are closest to the
action to respond and re-form to those new conditions. For
instance, over half of high-composability respondents said they
promote a high-trust culture that encourages employees to
independently make decisions – double the percentage of moderate-
and six-times more than low-composability enterprises.
Composable Business Architecture Industrial-era businesses were
designed for stability and slow, predictable change. In the digital
era, business architectures need to be designed for uncertainty and
continuous change. Instead of optimizing for efficiency, the
composable enterprise optimizes for adaptability. Systems,
processes and workers no longer serve one predetermined use case or
purpose.
“Digital business initiatives fail when business leaders
commission projects from the IT organization and then shirk
accountability for the implementation results, treating it as just
another IT project,” said Sinha. “Instead, high-composability
enterprises embrace distributed accountability for digital
outcomes, reflecting a shift that most CIOs have been trying to
make for several years, as well as creates multidisciplinary teams
that blend business and IT units to drive business results.”
Composable Technology “Business runs on technology, but
technology itself must be composable to run composable businesses,”
said Sinha. “Composability needs to extend throughout the
technology stack, from infrastructure that supports rapid
integration of new systems and new partners to workplace technology
that supports the exchange of ideas.”
The survey revealed that CIOs and technology executives in
high-composability enterprises have pushed forward more
aggressively when it comes to iterative technology development,
sharing data across systems and people, and building out
integration capabilities data, analytics and applications.
“CIOs at moderate-or low-composability enterprises must
internalize these three domains of business composability to make
their organization nimbler and well equipped to handle the rapidly
changing business environment in which they operate,” said Sinha.
“It’s a gradual, but imperative, process going into 2022 and
beyond.”
*Note to editors: The 2022 CIO and Technology Executive
Survey gathered data from 2,387 CIO and technology executive
respondents in 85 countries and all major industries, representing
approximately $9 trillion in revenue/public-sector budgets and $198
billion in IT spending. The survey separated CIO respondents’
enterprises into levels of business composability (“low,”
“moderate,” and “high”) depending on the extent to which they
utilize the three domains of composable business.
Gartner clients can read more in “The 2022 CIO and Technology
Executive Agenda: Master Business Composability to Succeed in
Uncertain Times.”
About Gartner IT Symposium/Xpo
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Katie Costello Gartner +1 571 444 1091
katie.costello@gartner.com Meghan Rimol Gartner +1 571 303 4009
meghan.rimol@gartner.com
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