Changing Dynamics

The Industry before 2000’s was a learning about Information Technology and how it can be a driving factor for change. Today, the changing environment of IT Audits can been defined as a shift from Landline Phones, Fax Machines and Desktop Computers to Artificial Intelligence, Machine Learning, Big Data and Robotics.

New, Refined, Modern and Innovative Technologies now enable auditors to exploit new ways of working while continuing to improve audit quality. The advent of technology has modernized business models, shifted towards automation and produces higher-quality audits.

Evaluation of this sector still continues with major improvements focusing towards changing the approach and techniques of IT Audits.

Current Realities

The IT Audit industry is driven by technology; technology now acts as a backbone and a saviour for IT Audits, however there still exists multiple issues within the industry that require immediate attention.

There is an awareness that systems should be in place, but that is exactly what it is - just “awareness” People working on desktop driven systems, do not feel the need to move forward and getting people to work on network driven systems is still a challenge.

The agility or speed with which organizations are implementing technology, managing the right skillset and specific domain knowledge for these areas, is also one of the major challenge that companies face.

Even though the audit concept is the same, organisations have not advanced the channels through which IT services are delivered. The industry still needs to learn from past failures in order to overcome barriers and enable more business.

Changing Technology Paradigm