Traditional supply chains are coming under growing pressure as organisations search for growth in increasingly competitive markets. Around the world, changing economic conditions and customer demands mean that organisations need to find a way to be increasingly agile. Those unable to evolve their operations to match these new conditions risk quickly losing market share to their rivals.
The challenge is being made more acute because of restrictions on IT budgets.
A recent survey conducted by MuleSoft of 800 IT professionals found that 66 percent feel they are under “drastic” pressure to deliver technology projects across their organisation. A similar number say change has to occur in order to meet business demands.
This is particularly true for larger organisations that use and deploy complex technology in traditional ways and cannot respond quickly to change.
They realise a new approach is needed to unlock the value of existing systems and deliver reusable assets that the business can build on top of to deliver outcomes faster than competition.
