Lifecycle management is a critical enabler of business success. Unfortunately, rapid modernization, the shift to remote and hybrid work, the proliferation of technology consumption models, and an increasingly complex and fragmented supplier ecosystem make it difficult for many organizations to properly maintain their technology infrastructure in a way that drives business agility and innovation.
Further compounding the challenge is that 69% of currently active hardware will no longer be supported after 2027. Yet only 51% of enterprises have fully aligned their technology approach to their business strategic needs, and 71% say most of their network assets are aging or outdated.
The consequences of misaligned technology lifecycles are severe: inadequate coverage, labor-intensive updates, extended troubleshooting times, security breaches, costly license violations, and compliance issues.
“The infrastructure lifecycle is a critical part of the IT management process,” commented Gary Middleton, vice president of Network GTM at NTT DATA. “This presents both an opportunity and a challenge for leadership, as effectively managing the lifecycle can bring significant benefits to the business, from improved efficiency to increased innovation. However, ineffective lifecycle management can also introduce many risks to security and business continuity, and become a significant operational impediment.”
