Businesses embracing mobility are witnessing 150% ROI: Survey

Businesses embracing mobility are witnessing 150% ROI: Survey

FP Staff November 13, 2015, 12:43:13 IST

Nearly two-thirds (63 percent) of respondents have completed or are actively re-engineering a core business process to a mobile model within the next 12 months.

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Businesses embracing mobility are witnessing 150% ROI: Survey

Mobility and the shift to the mobile-cloud era are among the most transformational trends in business today. With the potential to affect many employees, customers and business interactions, mobility can empower organizations to be more competitive and successful. While CIOs rank mobility as one of their highest priorities, businesses today are in varying stages of maturity when it comes to mobility, according to the VMware 2015 State of Business Mobility Report.

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The report found a distinct separation between organisations that have executed business mobility initiatives and those that have not yet shifted business processes to a mobile structure.

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Of the 1,182 respondents surveyed, only 20 percent of companies have executed business mobility initiatives, transforming at least one core business process to a mobile model. These organisations said they have updated infrastructure, invested in mobile devices and rebuilt or reengineered applications that take advantage of mobility to make the business more competitive.

While many companies have not currently embraced the mobile model, the data showed many organizations are earnestly working to achieve business mobility, as nearly two-thirds (63 percent) of respondents have completed or are actively re-engineering a core business process to a mobile model within the next 12 months.

To achieve these strategy goals, organisations said they are making key investments spanning infrastructure, applications and process alignment. More specifically, these organisations said they are upgrading infrastructure to support a mobile business model, (77 percent), introducing new mobile customer-facing apps (70 percent) and rebuilding or reengineering mission critical applications for mobile employees (69 percent) today or within the next 12 months.

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Business mobility initiatives are driving a range of strategic results for global organisations. As companies shift applications and data to a mobile platform, increased security remains a most critical priority (55 percent), along with disaster recovery to protect IP (32 percent).

At the same time, improving workforce effectiveness – beyond just simple employee productivity – is essential (34 percent), along with creating an improved user experience that keeps pace with the environment users are experiencing in their consumer lives (31 percent).

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The investment in business mobility software can pay off, as on average, companies embracing business mobility said they are seeing a 150 percent return on investment. These businesses see increased benefits compared to those who have not executed business mobility, including the ability to more rapidly bring new revenue streams online (51 percent vs. 16 percent), cost of lost business opportunity (-44 percent vs. -22 percent) and user access to mission-critical apps (47 percent vs. 32 percent).

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