Thanks John! When I started interviewing CFOs last summer, I was really surprised. They could actually speak the language of analytics and data. More importantly, their eyes were wide open regarding the state of the art of data integration and the impacts from doing it poorly. At the same time, CIOs that I talked to said more and more of them are moving back under the CFO. Now, the CEO of Deloitte--a former CFO--suggests that CFOs are the best people in the enterprise to own the analytics and CIO agenda. This position conforms nicely with my research. For this reason, I am really look forward to hearing from the audience of the Enterprise CIO Forum. See you at Thursday's chat.
Hybrid clouds this year are forecast grow 48% in organizations with more than 1,000 employees, according a study by cloud consulting firm Rightscale. What's more, companies with multiple clouds will grow 78%.
With the increasing importance of analytics to the enterprise, the question becomes who should own the analytics and data agenda. This question really matters today because, according to Thomas Davenport, “business processes are among the last remaining points of differentiation.” For this reason, Davenport even suggests that businesses that create a sustainable right to win use analytics to “wring every last drop of value from their processes”.
It’s no secret that big data offers big value. But enterprises know that to exploit it, they must capture a tremendous volume of data, in myriad forms, and contain it in a database capable of running complex and comprehensive analyses.
Today, costs of scaling traditional systems have grown prohibitive. So the pressure is on to find a new solution. Enter: Hadoop.
Technology has profoundly transformed the world in recent years. In the last decade alone, mobility, cloud, social media and big data have changed the landscape of IT dramatically. One group affected perhaps the most by the ever-changing landscape is the CIO.
There’s a lot of noise out there about DevOps right now—and with good reason. With its goals of removing IT bottlenecks and putting the business back in charge of innovation speed, DevOps focuses on putting new ideas and tools into action faster and more efficiently. The idea of extending “agility” from conception to delivery improves IT’s ability to respond to business needs.
Think about how its principles can yield meaningful results for your business.
The business intelligence insights your organization has in all the data it stores can lead to game-changing opportunities--if your analytics system has the power to uncover them. Traditional data analytics are often maxed out by big data, unable to return results in a timely fashion, resulting in missed business opportunities. Business and marketing leaders can’t execute on new ideas to generate more revenue because IT can’t support their requests to add new data sources to existing queries.