Finance firms prize agility over cost reduction

By Derek du Preez

26 Nov 2010

Comment: 1

Gherkin Building in City of London

Finance companies currently prioritise greater agility over cost reduction, according to research from desktop-as-a-service provider Molten Technologies.

Some 52 per cent of those finance companies questioned said they were prioritising business agility over cost.

Further reading

Jim Machacek, CEO, Molten Technologies, said: "Even in sectors where there are very tight cost and budget pressures, such as manufacturing, business agility was still a top three concern.

"Larger businesses [across all sectors] are focusing on increasing business agility while the smaller companies are focusing more on staff strategies such as flexible working," said Machacek.

"Even in sectors where there are tight cost and budget pressures, such as manufacturing, business agility was still a top three concern.

Russell Raynsford, managing director of infrastructure services at Molten, said the research suggested organisations are questioning the value of conventional client-server models.

"The traditional methods companies use to manage a large set of desktops can be an impediment to creating and implementing change. With many static PCs it becomes very difficult to react to a dynamic environment," said Raynsford.

"The ability for the business to implement change quickly around the end user will enable employees to become more effective, which is often a bigger win than cost," he added.

Reader comments

Where else is the need for business agility overtaking cost?

Hello Derek,
Thank you for the good summary article!
Given it is busines agility that businesses are looking for, in your knowledge of the market, are there other areas of corporate IT or User Experience that are also hitting this point of agility being the highest business priority driver?
Natasja @moltentech

Posted by: natasja marcelis  30 Nov 2010

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