Peter Sondergaard – Opening Keynote
Nexus – the Next age of computing that accelerates the information layer of the economy generating revenue by creating information from big data.
Nexus of 4 Forces:
- Cloud is the carrier of the other 3 forces,
- Mobile is personal cloud,
- Social Media is only possible via the cloud and is moving from the outside of enterprises to the core of operations,
- Big Data is the killer app for the cloud. Tapping a constant stream of information with an endless array of possibilities.
More than 1.6 billion smart mobile devices will be purchased globally in 2016,
“Mobile is about computing at the right time, in the moment. It is the point of entry for all applications, delivering personalized, contextual experiences,”
“By 2015, 4.4 million IT jobs globally will be created to support big data, generating 1.9 million IT jobs in the United States,” Sondergaard predicted.
04:40 Mary Mesaglio – incredible time to be a CIO. Your CEOs want you to make your impact felt where the enterprise meets the outside world and where revenue is generated.
iPads will be more common in the enterprise than BlackBerrys in two years, predicts Gartner
John Chambers [CISCO CEO] predicted a shakeout among technology vendors in the short term. “Any of the top six vendors who thinks they’ll be in that top six five years from now for sure will be wrong,” Chambers said. Of the six, perhaps three would remain near the top of the heap, he said.
FT Connected Business: “Big data” to Fuel IT Spending”
Peter Sondergaardr talks about how ‘big data’ – huge volumes of data generated by digital business – will drive $28bn of worldwide IT spending this year, potential job creations and the importance of social networking and mobile.
Gartner say the Nexus of four forces will drive IT spending over the next four years. Mobile, Social Media and the Consumerization of IT are driving the industry.
What Gartner predict is that Big Data is the “Big Bet” that companies should invest in to turn the growing repository of information held in the company data stores into a revenue stream, For example, Retail Banks should exploit their customer information in the same way as the big supermarkets use loyalty cards to target offerings customised to the needs of their customers.
4.4 million jobs generated by Big Data is questionable. For me it is more about Analytics recognising patterns in data to help create that source of revenue generation. Let’s see how events unfold.
Also this week Gartner launched a new eBook – The Digital Edge which champions the need for a Chief Digital Officer. The CDO is a role that exists in the Publishing industry both Print and Online. Let’s see if there are more CDO job adverts in the next 12 months.
Gartner Mark McDonald and The Digital Edge eBook
“Mark McDonald, Gartner, discusses The Digital Edge eBook and shows how Royal Caribbean and other companies leverage digital technology for growth by combining their digital and physical assets in new ways to create value, revenue and results.
This eBook looks at how organizations need to:
- Thinking differently about digital in terms of the innovations resulting from separating customer accessible value and company addressable revenue that create disruptive digital strategies.
- Selecting the right type of digital edges based on new combinations of digital and physical resources.
- Becoming a digital organization by building up digital solutions in new ways, highlighting the need to change Board level treatment of technology and the situations that call for establishing a Chief Digital Officer.
These are the three sections of The Digital Edge eBook that includes experiences of companies ranging from Royal Caribbean Cruise lines, United Stationers, IONX, Rabobank, Copenhagen Airport, CDW, the Children’s Hospital of Los Angeles, among others.
An edge forms where two sides meet. In the case of a digital edge, executives need to determine how to bring together their current ‘physical’ resources with new ‘digital’ resources and capabilities. Those that find the right edge, one that changes industry borders, accelerates consumerization, incorporates behavior will forge a future of sustainable customer value, company revenue and results”.