The Full Form of ITBT is Information Technology and Business Transformation.

IT transformation is a complete reassessment and overhaul of an organization’s information technology (IT) systems in order to improve the efficiency and delivery in a digital economy. IT transformation forms the foundation of an organization’s larger digital transformation strategy and is led by business leaders, such as the CIO. It can involve changes to — and modernization of — network architecture, hardware, software, IT service management, and how data is stored and accessed. Informally, IT transformation may be referred to as “rip and replace.”

Organizations must take steps to keep pace with an increasingly digital and competitive market by not only optimizing existing systems, but also creating and acquiring new applications and services that generate deeper insights into their business, industry and customers. Many times, IT transformation aims to change the IT department from being a reactive, inflexible organization to being a proactive, flexible part of the business that can respond quickly to changing digital business requirements and make more informed decisions.

According to Deloitte, the ultimate goal of these efforts is to “reimagine IT development, delivery, and operating models, and to enhance IT’s ability to collaborate effectively within the enterprise and beyond its traditional boundaries.”