How Business Technology Assessment Helps Meet Business Goals
Learn what business technology assessment is and the signs your company needs it. Achieve business objectives faster and with fewer resources.
How Business Technology Assessments Help Align IT with Business Goals
Business automation and workflow optimization based on SaaS or custom software development are long-lasting trends. The global digital transformation market is growing at a 13% compound annual growth rate, which means more companies are investing in software to support their business operations.
Despite all the benefits, the rapid expansion of technologies doesn't always deliver the expected outcomes. Companies choose wrong stacks or fail to align it with their business goals. Such decisions may result in substantial technology investments that don't pay off as expected.
If that's your case, a business technology assessment can help detect inefficiencies and create a more strategic approach to software infrastructure. Learn the signs you might benefit from a business technology needs assessment and how it is conducted.
What is Business Technology Assessment About?
A business technology assessment evaluates a company's current technology infrastructure, systems, and processes to determine how they align with business goals and identify areas for improvement. A cross-functional team that is usually provided by an external consultancy runs an audit to determine an overall technology health rating, estimated business impact, and major issues. Then, it provides practical recommendations on how to achieve the desired goals, with prioritized changes and short-term vs. long-term initiatives. Despite being comprehensive, a business technology assessment usually covers specific areas for in-depth research.
Measurable Impact of Business Technology Needs Assessment
According to McKinsey research, 57% of respondents at top-quartile organizations stated that their senior tech leaders participate in strategic planning. At bottom-quartile organizations, only 17% do that. Top performers are also more likely to engage digital and business-oriented teams in technology delivery.
This difference illustrates the practical benefits of aligning technology with larger corporate goals and shows why business technology assessment matters. By running an expert audit of their existing systems, companies can:

