Advertisment

Digital Workspaces Can Address Compliance and Security Risks: VMware Report

VMware introduced the 2016 State of the Digital Workspace Report, a global survey of business and IT decision makers, practitioners and influencers.

author-image
Adeesh Sharma
New Update
Digital transactions are easier to track and audit, making it easier for the authorities to curb illegal transactions. This ensures that you never lose track of money or checks owing to human error on your part or on the part of the bank.

VMware introduced the 2016 State of the Digital Workspace Report, a global survey of business and IT decision makers, practitioners and influencers. The report unveiled that organizations taking a digital workspace first approach that aggregates devices, applications and services while securely managing them through unified common access and identity – experience business, operational, and financial benefits while those that wait are falling behind.

Advertisment

Respondents acknowledged that game-changing IT relies on organizations adopting a digital workspace that includes security and identity management as vital components. With realistic prospects of achieving astounding return on investment (ROI), even businesses that cited obstacles to adoption may want to consider taking another look at business mobility initiatives.

“As we enter 2017, the industry is moving into the next phase of enterprise mobility where businesses have to deliver access to applications and resources to end-users, customers and partners using any connected device in any location,” said Dave Grant, vice president, product marketing, End-User Computing, VMware.

Triple Digit ROI  and Significant Cost-Savings with Embrace of Digital Workspaces

Advertisment

ROI from business mobility investments averaged 150 percent overall.

41 percent of IT and business decision makers saw improvements in total management costs after successfully executing on digital workspace efforts.

That said, only 30 percent of their non-executing peers realized improvements.

Advertisment

39 percent of decision-makers realized cost improvements to support end–users after embracing digital workspaces (compared to 23 percent among those that did not).

Businesses Can Introduce New Revenue Streams Faster

Nearly half of organizations (48 percent) that have successfully executed mobility initiatives saw improvements in their ability to more rapidly introduce new revenue streams, compared to 34 percent among organizations that have not executed a single initiative.

Among those organizations executing 10 or more business mobility initiatives, 52 percent saw improvements in their ability to more rapidly bring new revenue streams online.

Meanwhile, among the organizations executing fewer than five mobility initiatives, only 38 percent saw improvements.

Executives View Digital Workspaces as Way to Address Top Concerns

Concerns about security were top of mind among executives and nearly half of executives (45 percent) viewed a digital workspace solution that includes the necessary elements of security and compliance tools, mobile device management software, and identity management as a way to address compliance and security risks.

In particular, 43 percent of financial services leaders pointed to identity management software as a necessary element in the financial services segment.

vmware digital-transformation
Advertisment