The Kyndryl IT Readiness Report 2024 highlights a complex reality for many companies: while 90% of executives believe their IT infrastructure is state-of-the-art, only 39% consider it truly ready to face future risks. This paradox underscores one of the main challenges companies face today: being technologically advanced does not always mean being prepared for tomorrow.
In today’s digital world, IT modernization is not just about updating infrastructure, but a key strategy for maintaining competitiveness. Despite this, only 42% of companies investing in artificial intelligence (AI) report a positive return on investment. What is holding back results? The main barriers to AI adoption remain data privacy concerns, regulatory complexity, and uncertain ROI.
The risk of obsolete infrastructure
One of the key points highlighted by the report is the growing issue of end-of-life technologies. Around 44% of mission-critical IT infrastructure is nearing the end of its lifecycle, increasing vulnerability and making modernization efforts more difficult.
The challenges of technological skills
Another critical aspect concerns the technology skills gap. Over 40% of executives report difficulty in finding qualified talent capable of supporting business modernization, especially in key areas such as AI and cybersecurity. Workforce readiness, therefore, becomes just as important as adopting new technologies.
Opportunities and benefits of IT modernization
Cybersecurity is at the top of corporate concerns: 65% of business leaders are worried about cyberattacks, yet only 30% feel prepared to handle them. Similarly, 59% express concern about climate and environmental disruptions, but only 25% believe their systems can respond effectively.
A rapidly evolving regulatory landscape is also a priority for executives, as major measures come into force. While 48% of executives are concerned that the pace of regulation is accelerating too quickly, 66% believe regulations have an overall positive impact.
Despite these challenges, companies that are modernizing are achieving clear benefits from their initiatives. Over the past year, leaders have reported improvements in efficiency (85%), increased innovation (71%), and enhanced employee or customer experience (60%). However, there is still room for improvement in areas such as data security and regulatory compliance (34%), as well as sustainability outcomes, such as reducing energy consumption or emissions (27%).
How to prepare for the future
The Kyndryl Readiness Report 2024 provides valuable insights into how companies can address these challenges. Key recommendations include aligning technological tools with corporate culture, investing in people, and strategically addressing technological obsolescence.
Being ready for the future also means balancing immediate needs with long-term investments, while fostering collaboration between business and technology leaders. Companies that embrace these principles will be better positioned to overcome global market challenges and seize the opportunities offered by digital transformation.
