STATEMENT: Business investment in IT has slowed due to the direct transition from the pandemic to a recession

90% of technology industry leaders believe that the professionals of the future will need to be business-savvy IT workers, as well as more IT-savvy business professionals.

STATEMENT: Business investment in IT has slowed due to the direct transition from the pandemic to a recession

90% of technology industry leaders believe that the professionals of the future will need to be business-savvy IT workers, as well as more IT-savvy business professionals

MADRID, Nov. 16, 2022 /PRNewswire/ -- Leaders in the information technology (IT) industry believe it is true that IT professionals have recently gained more say in business decisions. However, its ability to act on business acceleration may be constrained, according to new research from Appian (Nasdaq: APPN).

Almost nine out of ten Spanish developers (86%) perceive that their organization is moving away from focusing on innovation projects to focus on cost reduction, which could slow down the momentum achieved after the rapid deployment of technology during the pandemic. This could have detrimental implications for business growth and the technology transformation of companies at a time when agility and new ideas should be more encouraged.

Appian promoted a European study in which 1,500 developers and software engineers in Spain, France, Italy, Germany, the Netherlands and the United Kingdom have been surveyed called enlace. It reveals that almost 9 out of 10 respondents in Spain (88%) affirm that they are concerned that there has been a direct transition from the pandemic to a recession, because it is causing IT budgets and staff to freeze, which that will slow down technological development, digitization and modernization of companies.

This new context contrasts with the progress that occurred during the pandemic, when there was a great demand for innovative and fast business actions. 90% of those surveyed in Spain affirm that the circumstances of the last two years accelerated their company's commitment to IT as the engine of business transformation. In addition, 85% of them say that they were included as a fundamental part of business decision-making. However, this trend is changing and IT professionals warn that companies that choose to undo this path and stop betting on the influence of technological profiles in business decisions run the risk of seeing their benefits diminish.

Regarding the possible consequences of freezing IT budgets and staff, the top four answers given by Spanish developers were: 1. The organization will be increasingly fragmented and divided into silos (50%); 2. New platforms would take longer to integrate, which will reduce the return on investment (56%); 3. It will complicate the ability to take advantage of growth opportunities that arise (48%); and 4. IT staff turnover will increase (46%).

On the other hand, the research also draws conclusions on the opinion of software developers and engineers regarding the ability of their organizations to innovate and make business decisions based on their knowledge in the face of uncertainty.

Professionals in Spain identified three key factors for maintaining growth in an uncertain economic context: 1. Adapting the business strategy to economic changes (47%); 2. Taking advantage of new technologies and platforms (43%) and 3. Maintaining focus on the core business (42%). In short, the data shows that developers are convinced of the need to improve collaboration between business and IT to make the right business decisions based on technology.

Currently, a third of the Spanish professionals surveyed (32%) affirm that the excess of silos in their organization prevents a complete understanding of how to use IT. While more than half (54%) maintain that their business partners believe that it is faster to go directly to IT solution providers, instead of involving specialized teams within the company itself. To overcome these challenges, 90% of developers in Spain believe that the commitment to IT profiles with business skills should be increased, as well as business professionals with IT knowledge. This would be the best way to successfully manage growth and change in organizations.

IT managers also believe that technology can help businesses become more efficient at a time when they are looking to do more with less. In fact, 85% of those surveyed believe that technologies such as low-code and artificial intelligence/machine learning can help address business challenges facing IT departments, while helping organizations adapt. to change and expedite work.

"Covid has forced companies to rapidly revamp their processes, increase automation, and embrace new technologies," says Michael Beckley, Appian Co-Founder and CTO. "Organizations that continue to invest in IT-led innovation and agility will be better prepared to weather the challenging economic conditions expected in 2023."

To read the whitepaper on the research results, visit here.

About Appian

Appian is the unified platform for change. We accelerate clients' businesses by discovering, designing and automating their most important processes. The Appian Low-Code Platform combines the key capabilities needed to get the job done faster, Process Mining Workflow Automation, into a unified low-code platform. Appian is open, enterprise-grade, and trusted by industry leaders. For more information, visit Appian.es.

Investigation methodology

This research was commissioned by Appian and conducted by Censuswide with 1,510 software developers, application developers, and software engineers in five countries: France (252), Germany (250), Italy (256), Netherlands (252), Spain ( 250) and United Kingdom (250). The survey was conducted in October 2022.

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