Tag Archives: Orbus Software

Survey Reveals Resiliency Remains Elusive for Organizations

71% of US companies cited supply chain disruption as the biggest issue; in the UK 73% Brexit remains the primary source of disruption

London, UK; June 9th 2022: Disruption remains a constant for organizations, with the majority struggling to build resiliency into their operations, a survey from Orbus Software uncovered. The poll of 1,000 IT decision-makers in the US and UK found that 89% of companies have experienced some form of disruption over the last two years. However, over half of enterprises are struggling to increase resiliency, with 44% lacking a dedicated team.

In response to the pandemic digital initiatives have accelerated for the vast majority (83%) of enterprises, with seventy-eight percent reporting dramatic changes to their business models, including 39% migrating to the cloud and almost half (44%) restructuring their teams during this period. However, despite these strategic shifts, only 36% were able to report business growth.

Those enterprises that suffered disruption experienced knock-on effects, spanning staff shortages (56%), supply chain issues and increased business costs (48%) coupled with technology costs increasing (44%). This highlights the interdependencies of organizations and the need to prioritize resiliency. Many are struggling primarily because of the complex web of disparate or legacy systems along with a lack of buy-in from management or other departments.

Looking ahead, 52% of IT decision-makers believe they need to account for regulatory changes. Among the top technology investment priorities for the remainder of 2022 were:

  • Digital privacy (37%)
  • Digital transformation (35%)
  • Cybersecurity threats (35%)
  • Business continuity (31%)

Rupert Colbourne, Chief Technology Officer of Orbus Software, commented, “With the tsunami of disruption that organizations have experienced, it’s clear that operational resiliency needs prioritizing. Without creating agility, businesses leave themselves exposed to the whims of change and can expect their operations to continue to suffer.”

Orbus Software partners with Planetly to drive sustainability and accelerate carbon emission reductions across the global tech ecosystem

  • The integration with Planetly will enable Orbus to visualise, calculate, reduce and offset its carbon footprint as part of its mission to help organisations achieve carbon negative commitment in 2022
  • Orbus Software will also empower customers with insights into how to accelerate their digital transformation journeys to become more digital, resilient and sustainable enterprises

London: 12th April: Orbus Software, a leading provider of cloud solutions for digital transformation, has today announced its global partnership with Planetly, the technology company on a mission to support business transformation to a net-zero economy.

Planetly’s software helps organisations globally to introduce and automate carbon management, from data collection to carbon reduction strategies and offsetting measures. The company is a trusted partner for Orbus Software, which will use the system across three of its core regions. The main focus will be to support Orbus Software’s internal sustainability and reporting, including calculating the company’s carbon footprint and biggest emission drivers in real time, setting targets, while reducing and offsetting carbon emissions.

The Planetly integration will also give Orbus Software customers insight into how their digital transformation journeys are impacting the company’s sustainability outcomes. Customers can therefore adapt their digital transformation roadmaps to improve sustainability, and can map these insights with the enterprise architecture data that Orbus Software provides.

Michael D’Onofrio, CEO at Orbus Software, commented: “Sustainability decisions are central to executive and board level conversations today and our technology architecture and digital infrastructure are key areas we need to address as part of broader sustainability programs. Planetly is dedicated to helping organisations go above and beyond, and giving organisations the power to visualise their sustainability activity to make core business decisions is key to this. One company on a sustainability mission is great, but thousands are even better.”

Alongside supporting Orbus Software and its customers with sustainability initiatives, the partnership will also see Planetly consolidate Orbus Software’s data integration to enhance its reporting model in the near future. Together, the two companies will help organisations to make strategic business decisions while simultaneously communicating the benefits and opportunities that come with being more sustainable.

The news follows OneTrust’s acquisition of Planetly in December 2021. Orbus Software and OneTrust have a longstanding bi-directional integration and partnership, which enables risk architects and managers in OneTrust to capture, identify and manage risks against technology and digital assets.

D’Onofrio continued: “Planetly is an emerging technology platform and has a wide range of capabilities that us and our customers can leverage to achieve ambitious sustainability and carbon negative goals. Our existing relationship with the OneTrust team was also a factor for choosing Planetly. It was the perfect time to engage with them, and we’re excited about where our partnership and platform integrations can lead for both Orbus Software and our customers.”

Anna Alex, Founder and CCO at Planetly, added: “Knowing your company’s carbon emissions has become a must-have in today’s business world and it will become even more important with the newest climate disclosure rule. Every company that has already decided to manage their carbon emission on a voluntary basis will have an advantage going forward and we are excited that Orbus Software chose us as their partner for their climate journey.”

Tech spend increases by 43% on average for IT decision makers, with majority experiencing ‘technology drift’

  • 85% of IT decision makers have seen tech spend increase since pandemic, but only a third report tangible value from new investment
  • 62% are experiencing technology drift – defined as an increased gap between what companies are trying to do and what they actually achieve – as a result of spiralling costs

London, UK; 29th March 2022: Technology spend for IT decision makers has increased by an average of 43% since the pandemic began, with 62% also experiencing technology drift in their company. That’s according to Orbus Software, a leading provider of cloud solutions for digital transformation, which surveyed IT decision makers across the US and UK to determine the increased financial demands of the pandemic.

The most common reasons for increased spending were revealed as onboarding new technology to support working from home and hybrid working (71%), rising technology costs (69%), and the introduction of new IT regulations (56%).

However, when it comes to onboarding new technology, only 30% say that all new onboarded technology has brought a tangible value, with 51% saying ‘most’ has. The majority (79%) say that all or most of the technology purchases over the past 24 months have been pre-planned, compared to 13% who say they have been last minute. The study identified that the UK is more prone to last minute investments than the US (17% vs 9%).

Michael D’Onofrio, CEO at Orbus Software, commented: “The past two years have undoubtedly elevated the importance of technology, yet this technology drift – where there is a growing gap between what companies are trying to do and what they actually achieve – is causing significant problems. Despite spending increasing, not even a third of organisations can state it has delivered a tangible value.”

To combat these challenges and plan future technology and software purchases, 80% of respondents say their company has either onboarded (34%) or have plans to onboard (46%) an Enterprise Architecture tool. Diving deeper, the survey found that almost half (47%) onboarded Enterprise Architecture due to rising technology costs and 46% wanted to reduce the gap between IT and business stakeholders. Alongside this, 41% are bringing in Enterprise Architecture to simplify increasing complexities, and 39% say they need to gain greater visibility before moving to the cloud.

“We are currently in a period of significant friction, and organisations are needing to pivot frequently. Because of this, organisations need reliable core services that give them visibility, reliability and agility,” D’Onofrio continued. “It’s vital to have a tool that can give companies that visibility and insight. Without Enterprise Architecture, the challenges faced by IT teams will continue to get out of hand.”

The survey also revealed the IT roadmaps in place across the UK and US. It found that 95% have a technology roadmap in place to help make informed technology purchases. They most commonly plan for the next 6 (26%) or 12 months (37%). However, 14% have an 18-month roadmap in place and 19% for 2 years or even longer.