IDC PeerScape: Practices to Fund and Achieve IT Innovation

IDC PeerScape: Practices to Fund and Achieve IT Innovation

This IDC PeerScape examines alternatives to conventional approaches to funding IT innovation, presenting best practices from CIOs who have found ways to fund innovation when money is tight. This study helps CIOs consider and select approaches that fit their innovation strategies and initiatives as well as their business context."CIOs should remember that the goal is not just to fund innovation efforts but also achieve innovation in the most effective and cost-efficient manner," says Marc Strohlein, adjunct research advisor, IDC's Research Network.

Please Note: Extended description available upon request.


IDC PeerScape Figure
Executive Summary
Peer Insights
Practice 1: Create a Culture that Spawns Continuous, Low-Cost Innovation
Challenge
Examples
Santa Clara County, California
Carhartt Inc.
Union Pacific
Guidance
Practice 2: Build a Track Record by Starting Small and Building on Successes
Challenge
Examples
Carhartt
Santa Clara County, California
City of Asheville, North Carolina
Guidance
Practice 3: Leverage Partners with Shared Interests to Provide Innovation Resources
Challenge
Examples
Carhartt
Santa Clara County, California
Guidance
Practice 4: Reduce IT Operational Costs and Shift Budgets to Fund Innovation
Challenge
Examples
Carhartt
Santa Clara County, California
DXC Technology
Guidance

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