The impact of emerging technology (ET) is pervading almost every aspect of business forcing enterprises that want to lead in today’s business environment to adopt and adapt to new business models enabled by IT. Cloud Computing, Social Media, Big Data (Strategy), Mobility and Employee Owned Devices (EOD) are changing the way business is contacted. The impact of ET is out spacing the Governance, Security, and the Assessment of IT Risk.
The challenge facing many organizations is the skills sets required to sweat ET in a way that optimizes benefits realization at acceptable risks. New technology is not only shifting traditional business models but is demanding business and IT staff to up their knowledge and skills to fully realize the business benefits. Organisations that are lagging on up-skilling their Business and IT staff run the risk of becoming redundant or losing their market share.