Most IT professionals around the world give their companies failing or near failing grades on their ability to implement transformational technologies and drive IT innovation to gain competitive advantage, according to a new report by Business Performance Innovation Network (BPI Network), a thought leadership and professional networking organization for those involved in IT transformation and business re-engineering.

The research report says many of those running networks, data centers and back-end systems say a lack of planning, deficiencies in key skills, insufficient funding, and a paucity of communications and collaboration with the business make renovation of IT infrastructure a challenge for enterprises of all sizes.

The study, sponsored by Dimension Data, is based on a global survey of IT professionals, and demonstrates significant gaps between the desire of corporate leaders to accelerate business transformation through technology and their companies' true commitment and capacity to make it happen.

"Corporate executives tell us technology-led business innovation is now a critical competitive factor in every sector of the global economy,” Donovan Neale-May, executive director of the BPI Network, said in a statement. “But, as this study clearly demonstrates, most companies lack the people, processes and investments to make transformation a reality. We can expect to see a continuing shakeout between the leaders and laggards in technology-led transformation."

Among the study's major findings: only 35% of respondents rate their company's ability to adapt to new transformative technologies as good or very good’ more than 70% of IT workers report they have not even begun or are just "getting started" on the road to IT transformation; and only 15% have a clear and detailed plan for transformation.

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