SOURCE: Redwood Software

Redwood Software

November 09, 2010 10:05 ET

Redwood Releases Results for 2010 Automation Priorities Survey

More Than Two-Thirds of IT Respondents Look to Improve Key Business Processes in 2011 to Deliver Leaner, More Agile and Competitive Businesses

RALEIGH, NC--(Marketwire - November 9, 2010) -  Redwood Software today announced the results of their 2010 IT Priorities survey on workload automation. The survey found that 68% of the 347 respondents are expected to deliver tighter application and business process integration, creating more value for the business without significantly adding to the IT budget. Examples include integrating the order-to-cash and procure-to-pay process chains to improve cash flow. 

Redwood conducted the survey at the SAP TechEd conferences in Berlin, October 12-14, and Las Vegas, October 18-22. Speaking with a broad range of process management IT professionals such as ERP directors, business process managers, application architects and others, the survey found that respondents on both continents are being pressed to help their companies build a leaner, more agile and competitive business. Other high ranking responses included how to better exploit cloud computing, increasing the use of virtual machines to maximize flexibility and reduce costs, and implementing/extending service-oriented architectures (SOA) to extend the ROI of existing IT assets.

"Most companies no longer have the luxury of funding efforts that may succeed eventually; they want guaranteed business results in shorter time frames."
Key Issues for Business Process Management, Gartner Research, Janelle B. Hill, March 2010

The survey results validate Redwood's belief that IT budgets remain tight and enterprise-wide transformational programs have been replaced by less risky, targeted projects that cost less and deliver more immediate results. Also apparent from the consistency of issues related by such a wide range of IT professionals is that, while companies are looking at more targeted projects, they are taking a more holistic approach, addressing the business purpose of the process, the human interaction with the process, process execution and monitoring, and managing the infrastructure required to run the process. Optimizing the business value of key processes lies at the heart of the results.

"In this environment CIOs are expecting their organizations to work smarter and increase business agility while absolutely holding the line on costs. They are asking every department to contribute to and own the company's success," said Andrew Evers, Redwood's CTO. "The results clearly demonstrate that IT business models have changed and that Redwood's focus on delivering end-to-end automation solutions for key processes is right in line with industry needs."

About Redwood Software
Redwood Software is a global software company providing workload automation, job scheduling, run book automation, financial process automation, and enterprise report management solutions that enable organizations to maximize the value of their information management and technology investments. Serving thousands of businesses worldwide, Redwood helps customers meet the challenges of today's competitive environment with solutions that make business operations faster, more effective, and more efficient. Founded in the Netherlands in 1993, Redwood serves businesses worldwide through locations in Europe, North America, and Australia, and through its alliances, including its strategic partnership with SAP AG.

See the original press release at: www.redwood.com/2010-automation-priorities-survey

Redwood, Cronacle and Cronacle Mobile are trademarks or registered trademarks of Redwood Software. All other products or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Contact Information

  • Contact Redwood Software:

    Global

    Patricia Kelly
    Director of Analyst and Public Relations
    +1 248 628 3563
    pat.kelly@redwood.com

    European Regional

    Sheila Badoux
    EMEA Marketing Communications
    +31 30 635 4555
    pr@redwood.com

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