IT & Network Infrastructure : IBM's Six Principles for Successful Enterprise IT Transformation
IBM is in the midst of a multiyear internal enterprise transformation strategy to transform its business and improve its ability to capitalize on talent, skills and market opportunities. The success of this transformation has been demonstrated by IBM's strong business results, where, despite difficult economic times, the company posted record earnings in 2009 and has turned in seven straight years of double-digit EPS growth. Linda Sanford, IBM's senior vice president of Enterprise Transformation, recently detailed an aggressive strategy to drive even more growth over the next five years. Sanford committed to shave an additional $8 billion off of IBM's $78 billion in total expenses by 2015. A big reason for IBM's success has been the deployment of business analytics, cloud computing and process improvements that have driven billions of dollars in cost savings and productivity improvements. Besides delivering efficiencies across the business, the use of these technologies has been instrumental in supporting IBM's pursuit of growth markets around the world.