Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

FUTURE TECHNOLOGY PROCESSES DEPENDENT ON IT AUTOMATION

Automation of IT processes crucial for harnessing Big Data and Cloud technology

The automation of IT processes is a crucial factor in the success of future technologies and trends such as big data and cloud services, according to new research released by Automic. Looking at technologies and trends including big data, cloud services, mobile applications and consumerisation of IT, the findings reveal that across the board middle managers consider IT Automation to be more important than other groups.

The research also found that IT automation ranked as the most important factor for companies seeking to successfully harness big data, receiving an average rating of 2.11 on a scale from 1 (very important) to 5 (unimportant). The majority of the participants were from Europe (91 per cent) working at medium sized companies with an overall annual revenue from 50 million to 2 billion Euros.

One explanation for this response is due to the vast range of available data sources that can now be analysed, but that are not yet integrated accordingly. Similarly, working with big data depends on the ability to evaluate high volumes of data quickly and efficiently. Therefore, the more frequently someone has to intervene manually in the process, the longer this analysis takes. Surprisingly the research also showed that middle managers classified the role of IT automation on average 0.57 points higher than their expert colleagues.

“Our research highlights the importance of automation across all systems, regardless of system boundaries and particularly for Big Data and the Cloud. Companies are now exposed to a large amount of data and operate in an increasingly complex IT environment,” comments Richard Muirhead, CEO, Automic. “This can create extra work and increase the risk of error, while the efficient orchestration of new technologies can be integrated into the automation of company processes and remain totally independent from providers or systems.”

According to the research, IT automation was also influential in the success of cloud services, being classed (0.66 points) higher by middle managers than by their expert colleagues. Ranking 2.37 points on average as part of the research, it proved an important influence for respondents alongside big data. The value here is due to the currently lower integration levels of purchased cloud services in customer systems. Opportunities for automation often end at the system boundaries of cloud service providers, where the client has to put in additional resources to process the data.

Research methodology
The research gathered responses from 98 participants at Automic’s customer conference “Innovate” in June 2014 in Hanover, Germany.