It is no secret that enterprises spend billions of dollars on digital transformation annually, with new technologies like AI expected to lead to even greater investment in the coming years. But what’s less appreciated is the role enterprise architecture plays in supporting the success of technology investment.
Would you renovate a home without a blueprint? Probably not, as it’s hard to imagine a contractor satisfying the vision of a homeowner without following a plan. The same concept is true for organizations embarking on digital transformation. It is estimated that 70% of digital transformation projects fail to deliver on its stated goals, with a common reason being an inability to align business objectives with technology investment. Before investing millions, if not billions, in technology initiatives, business and IT leaders would benefit by referring to a blueprint to guide investment decisions. Enter the enterprise architect.
Enterprise architects are tasked with creating a visual representation of an organization’s technology infrastructure, business processes, and applications. In other words, the digital blueprint of the enterprise, which governs how an organization’s IT landscape should be structured to best support its business objectives. By providing a source of truth for the “current state” of an enterprise, a digital blueprint provides an invaluable source of information to maximize the value of technology investment and guide business and IT leaders towards a “future state” that improves business capabilities.
Against a backdrop of growing IT complexity, application proliferation and regulatory scrutiny, enterprises are seeking solutions that can simplify IT landscapes, control costs, mitigate risks, optimize business processes and create clear roadmaps for IT investment. This is why we’re excited to announce a , a leading provider of enterprise architecture software.
offers a modern, cloud-native and AI-enabled enterprise architecture platform that serves hundreds of enterprise and government organizations globally. We were drawn to the combination of out-of-the-box functionality, enabling customers to leverage leading industry frameworks, with a comprehensive suite of tools for architecture governance, business process modeling, application portfolio management, among others, which cater to the diverse needs of its customers. Recent investment in its iPaaS integration platform Flow and diagraming tool Draw, as well as the acquisition of business architecture provider , further expand the extensive capabilities Orbus provides to its customers.
While Orbus has received recognition as a market leader from analysts like Gartner and Forrester, we were also impressed by the tangible value and business results that Orbus delivers to its customers. Our conversations with customers validated a strong ROI driven by costs savings via IT rationalization, increased productivity, and improved decision-making processes, as well as provided overwhelmingly positive feedback on the platform’s ease of use, time to value and product breadth.
Orbus marks the latest FTV investment benefitting from tailwinds in digital transformation, as the rapid pace of innovation creates a need for enterprises to leverage tools to support strategic decision making. This investment also highlights FTV’s continued support of international businesses scaling operations in the US market, including our ability to bring commercial access to our portfolio via .
We are thrilled to partner with existing investors and the management team to further cement Orbus’ market leadership in providing the blueprint powering digital transformation. Welcome to the FTV family, Orbus!
