Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Technology > TIME TO BECOME A TRANSFORMER AND EMBRACE DATA CENTRE TRANSFORMATION
    Technology

    TIME TO BECOME A TRANSFORMER AND EMBRACE DATA CENTRE TRANSFORMATION

    Published by Gbaf News

    Posted on March 24, 2014

    5 min read

    Last updated: January 22, 2026

    An illustration showcasing innovative data centre technology, reflecting the transformation in IT and its impact on business efficiency and customer engagement in today's competitive landscape.
    Illustration of transformative technology in data centers - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    The successful implementation of ‘game-changing’ transformational technology lies in the back office says Brent Lees, Senior Product Manager at Riverbed Technology. Meet the 25% of organisations who are maximising their IT investments, delivering ROI and getting it right. 

    Brent Lees, Senior Product Manager At Riverbed Technology

    Brent Lees, Senior Product Manager At Riverbed Technology

    The speed of change in the technologies available to organisations over the last five years has been astonishing. In enterprise organisations across EMEA, there is widespread recognition that IT has become an enabler of business and a key force in driving innovation and new ways of working. As a direct result, the role of the CIO has fundamentally shifted; IT now has a place at the top of the table, advising the Board on strategic business investments.

    The continued rise of new technologies, which fundamentally change the way businesses operate and engage with their customers, are responsible for this dramatic Renaissance for the IT department. Garter calls this the ‘Nexus of Forces’[i], the ‘convergence and mutual reinforcement of four interdependent trends which empower individuals as they interact with each other and their information’. These are macro technology trends that are, in no small part, responsible for revolutionising enterprise business today.

    We are of course talking about trends such as social, mobility, cloud, and information (or data). They have disrupted existing business models and the relationship between IT, the wider organisation, and its customers.

    Lines of business and end users now essentially make their own IT decisions in many cases. Business leaders see these new technologies as representing a significant opportunity to innovate, improve efficiency, and provide differentiated customer experiences in highly competitive marketplaces.

    Too good to be true?

    CIOs should, in theory, rejoice at the CEOs new-found interest in cloud. They should be delighted that the CFO wants to know how exploiting big data and business analytics will drive process improvement. And the chance to sit side-by-side with the heads of sales and marketing to plan the roll-out of a social CRM system that will revolutionise the company’s customer engagement model, is surely an opportunity too good to miss.

    The challenge, however, is ensuring that repeated adoption of the “next big thing” delivers maximum benefit and optimal value to the business.

    Expectations surrounding what can be achieved through transformational IT projects – such as cloud, mobility, social, and data implementations – are high. And the vendor community is by no means innocent when it comes to fanning the flames of hype and over-promise.

    That’s not to say that these macro technologies can’t deliver the huge savings and efficiencies advertised on the box, but the promise of improved business performance, and other such benefits are being undermined by infrastructures unable to support leading-edge technology.

    As a result, expensive applications that are being deployed across the business are failing to maximise their potential, at a substantial cost to the company in many organisations. Recent research commissioned by Riverbed Technology amongst EMEA CIOs in 10 countries showed that in the past 12 months, over 4 in 10 (44%) new applications deployed have failed to meet their performance expectation. In many cases, there is a disconnect between what the Board wants to achieve and what can be delivered using existing infrastructure. The same research found that in only 6% of cases are Board-level executives fully mindful that new technology innovations can be hampered by poor infrastructure or network performance.

    1 in 4 getting it right: meet The Transformers

    However, Riverbed has identified a significant minority (25%) who are utilising technology effectively and transforming their investments into high business performance. This group, which Riverbed has coined ‘The Transformers’, is leading the way when it comes to technology investment.

    Rather than constantly adding new applications onto existing infrastructures, Transformer organisations recognise the importance of a high performance application infrastructure to the potential of cutting-edge technology. Not only are these companies enjoying greater productivity across the business, but they also expect ROI to be realised in a shorter timescale. 70% of Transformers expect ROI on most / all new technology innovations within 2-3 years, compared to 57% of non-Transformers.

    So what makes The Transformers different?

    A key factor is that when looking to optimise the value of technology investments, Transformers prioritise consolidation and new architectures over other factors, whilst non-Transformers prioritise maintenance and ongoing operations. As might be expected, Transformers are therefore more likely to have already completed (36%) or be currently implementing (41%) a data centre consolidation project than other companies.

    The Transformers appreciate that technology is integral to business performance and, as such, are more likely to consider technology as a driver of innovation (66% compared to 40% amongst non-Transformers). Critically, however, network performance is ‘front of line’ amongst IT departments. Over half (53%) of Transformers are delivering a high performance IT infrastructure for business applications as a core part of their role, compared to 31% amongst non-Transformers.

    Embrace data centre transformation

    Through its product portfolio and core technology, Riverbed is helping organisations to put data centre transformation at the heart of their IT strategy. Riverbed does so by helping customers tackle five strategic transformation projects: accelerating all applications, converging branch infrastructure, architecting new ways to protect branch data, achieving effective data centre consolidation, and managing end-to-end performance across the entire organisation.

    We see it as an imperative that companies understand the need to strike a balance between investment in macro trend technology and the back office that will support it. ‘Transformers’ set the standard in maximising technology investments. They understand the tight linkage between technologies that drive innovation and the underlying infrastructure needed to run them.

    Educating the Board about the power of IT to transform the business is a battle only half-won. Judging by the findings of The Transformers Report, the challenge now is to secure the right levels of investment across the IT function and develop a balanced IT operation that combines innovation with consistency.

    [i] http://www.gartner.com/technology/research/nexus-of-forces/

    More from Technology

    Explore more articles in the Technology category

    Image for Engineering Trust in the Age of Data: A Blueprint for Global Resilience
    Engineering Trust in the Age of Data: A Blueprint for Global Resilience
    Image for Over half of organisations predict their OT environments will be targeted by cyber attacks
    Over half of organisations predict their OT environments will be targeted by cyber attacks
    Image for Engineering Financial Innovation in Renewable Energy and Climate Technology
    Engineering Financial Innovation in Renewable Energy and Climate Technology
    Image for Industry 4.0 in 2025: Trends Shaping the New Industrial Reality
    Industry 4.0 in 2025: Trends Shaping the New Industrial Reality
    Image for Engineering Tomorrow’s Cities: On a Mission to Build Smarter, Safer, and Greener Mobility
    Engineering Tomorrow’s Cities: On a Mission to Build Smarter, Safer, and Greener Mobility
    Image for In Conversation with Faiz Khan: Architecting Enterprise Solutions at Scale
    In Conversation with Faiz Khan: Architecting Enterprise Solutions at Scale
    Image for Ballerine Launches Trusted Agentic Commerce Governance Platform
    Ballerine Launches Trusted Agentic Commerce Governance Platform
    Image for Maximising Corporate Visibility in a Digitally Driven Investment Landscape
    Maximising Corporate Visibility in a Digitally Driven Investment Landscape
    Image for The Digital Transformation of Small Business Lending: How Technology is Reshaping Credit Access
    The Digital Transformation of Small Business Lending: How Technology is Reshaping Credit Access
    Image for Navigating Data and AI Challenges in Payments: Expert Analysis by Himanshu Shah
    Navigating Data and AI Challenges in Payments: Expert Analysis by Himanshu Shah
    Image for Unified Namespace: A Practical 5-Step Approach to Scalable Data Architecture in Manufacturing
    Unified Namespace: A Practical 5-Step Approach to Scalable Data Architecture in Manufacturing
    Image for Designing AI Agents That Don’t Misbehave
    Designing AI Agents That Don’t Misbehave
    View All Technology Posts
    Previous Technology PostDATA SECURITY: RISK & PREVENTION FOR FINANCIAL FIRMS
    Next Technology PostDATA LOSSES: TIMES CHANGE, BUT THE THREAT REMAINS