Press Releases
InterSystems Survey Shows 50% Failure Rate for IT Projects Attempting to Enhance or Integrate Business Applications
27% of the Cost of Implementing New Applications is Consumed by Efforts to Make Them Connectable with Existing Applications
Sydney, Australia – September 28, 2006 – Organisations have about a 50/50 chance of being successful when they undertake projects to connect or extend their strategic applications, according to an annual survey of IT executives in Australia commissioned by InterSystems Corporation. InterSystems develops and markets the CACHÉ post-relational database and Ensemble rapid integration software.
In the study, organisations cited insufficient IT staff resources (75% of respondents) and a shortage of IT professionals with requisite skill sets (65% of respondents) as the main barriers to completing integration projects within desired deadlines and budgets, and with the targeted return on investment. InterSystems’ surveys from previous years have established that organisations are falling behind in satisfying business integration requests from their business units.
One of the major findings of this year’s survey, entitled InterSystems Australian Integration Survey 2006/07 – “Connecting and Extending Applications”, is that 27% of the cost of implementing new applications is consumed by making them connectable with existing applications.
“What our survey shows is that significant resources are being ineffectively applied to the problem of connecting and extending applications,” said Denis Tebbutt, Managing Director of InterSystems in Australia. “There is clearly a need for simpler, more affordable approaches to enriching and integrating applications. New capabilities such as adaptable workflow, portals, dashboards, and business process automation are hard for organisations to implement quickly and cost-effectively with most of the technology products that have been available.”
To address these critical and growing business requirements, InterSystems offers Ensemble, an innovative “Connectable Applications” technology intended to alleviate the pain so many organisations experience when they try to integrate or enhance strategic applications.
According to Tebbutt, InterSystems’ Ensemble integration software enables enterprises and developers to rapidly enrich their current applications with the new functionality that users are demanding today – browser-based user interfaces, rules-based processes, adaptable workflow, and more – without rewriting their existing applications. It also makes new applications easily connectable to other systems, radically reducing integration project cycles and costs, while protecting investments in current applications.
Looking to better understand the additional value organisations seek to gain from their applications and the challenges they face in connecting and extending them, InterSystems conducted its fourth annual, in-depth survey of 79 CIOs and IT Managers at 63 organisations. The survey was conducted in June 2006 among delegates to a Sydney conference on application development and integration. The complete survey findings and methodology are contained in a full report, available at: http://www.InterSystems.com.au/IntegrationSurveyReport.
About InterSystems
InterSystems Corporation is a privately-held US$200,000,000 company with headquarters in Cambridge, Massachusetts, U.S. and offices in 22 countries. InterSystems CACHÉ® is a high performance object database that makes applications faster and more scalable. InterSystems Ensemble® is a rapid integration platform that enriches applications with new functionality, and makes them connectable. InterSystems HealthShare™ is a platform that leverages existing healthcare applications to rapidly create regional or national electronic health records.
InterSystems is the predominant vendor of database and integration software for healthcare applications. CACHÉ and Ensemble are used as the core technology for clinical applications in thousands of hospitals around the world, including all U.S. Department of Veterans Affairs and U.S. Department of Defense hospitals, and the Kaiser Permanente network. Leading software vendors who build clinical application products with InterSystems' technologies include Epic Systems, GE Healthcare, Misys Healthcare, QuadraMed, and many more. For more information, visit InterSystems.com.
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Editorial Contact
David Sanday
Bowes Communications
02 9387 2333
david.sanday@bowespr.com
