Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for October 26th, 2009

Turbo Video Dispatch #3: Todd and Scott Deconstruct 1 Trillion Connected Things (Including Cows)

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Written by turbotodd

October 26, 2009 at 10:22 pm

IOD Press Conference: A Trillion Networked Things (Including Cows)

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I’m currently in the IOD 2009 press conference.  IBM Software general manager Steve Mills has already taken the stage and made his opening comments, and currently speaking is Frank Kern, VP of IBM’s General Business Consulting group.

The picture they’re painting has a backdrop, the “backgrounder” if you will:

By 2010, there will be a billion transistors per person and a trillion networked things — cars, roads, pipelines, appliances, pharmaceuticals, even livestock.

Get along, little dogie. We’ll find you wherever on the range you may roam!

The volume of information created by those interactions is driving businesses to use information as a tool for making smarter and faster decisions and, in turn, gaining a competitive edge.

Even for the cows (if you’ve seen the Chick Filet billboards, you know that’s important).

The key to unlocking the value of all this information lies in developing an information strategy that makes use of business analytics and other information management for technologies for smarter, faster decision-making.

But according to a recent IBM survey of nearly 300 clients, 1 in 3 business leaders frequently make critical decisions the information they need.

Sifting through massive amounts of paperwork to get any process to the finish line is costing businesses millions of dollars.

And in IBM’s recent Global CIO Study, 83 percent of respondents identified business intelligence and analytics as a priority.

Hence IBM’s numerous investments and announcements in the business analytics space, including today’s.

In April, IBM launched a Business Analytics and Optimization services practice that draws on the company’s expertise in vertical industries, research, math, and information management.

New Analytics Solutions Centers have already opened in New York City, Tokyo, and Beijing…and Frank Kern announced in today’s press conference that new centers would be opening in Washington, D.C. (focusing on cyber) and London (focusing on financial).

And, probably most importantly, since 2006, IBM has established relationships with more than 15,000 clients and 2,300 new business partners, helping them bring Information on Demand offerings to market more quickly and around the globe.

About a quarter of the nearly 100 acquisitions IBM has made since 1995 directly support the company’s Information Management portfolio.

Read more about today’s announcements here, and if you’d like to learn more, download the IBM Business Analytics and Optimization press kit here.

You can also read more about smart intelligence in action, in ReadWriteWeb’s blog post about the soon-to-be-demoed IBM Food Traceability iPhone App, “Breadcrumbs,” which can help consumers with smarter in-store food shopping by giving them detailed information about grocery food items (including info on product recalls!)

Speaking of ReadWriteWeb, their own Alex Williams just asked a question about the real-time Web (seeming to nod to social media-like data), to which Deepak Advani, IBM VP Predictive Analytics, replied that IBM has technology to help deal with the real-time Web but that such analysis should be done in a larger context (leveraging other information sources/stores).

Okay, I’m blowing this popsicle stand for parts beyond, as I have some information of my own I need to go integrate.

Written by turbotodd

October 26, 2009 at 6:05 pm

IOD 2009 Opening Session Debrief: Information-Led Transformations…by Winston the Turtle?

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The Information on Demand Conference has finally kicked off this morning, and just in time, too.

I had a nice chat over breakfast with a Filenet guru from God’s Country (Montana).  It was just she and about 6,000 other folks (check the IOD group on Flickr, surely somebody took a picture of that).

Now, we’re situated in the main Mandalay Arena, where earlier things were kicked off by four ladies playing upbeat string music, and then the Black-Eyed Peas Wannabes.

Then, singing ventriloquist (You heard me…No, really, that was me!) Terry Fator brought out Winston the Turtle to share a few strolls down memory lane, including Roy Orbison’s “Crying.”

Then, IBM Information Management general manager Ambuj Goyal sauntered in to the Bee Gees’ “Staying Alive,” and explained that just a few short years ago we were gathered talking about data and content management, but that much had changed since.

For instance, $8B in acquisitions, including Filenet, Cognos, and SPSS (in that order, I do believe).  The economic climate.  Continued data and information proliferation.

And as IBM engaged in thousands of customer engagements, we kept hearing over and over from line of business execs: If I only had the right information at the right time, I could make better decisions.

And so many IT executives exclaiming, if only I could work better with IT.

IBM Global Business Services senior VP Frank Kern joined Ambuj to say the vision was compelling: What would it take to create a predictive capability for business decision makers?

Which is why IBM is investing in deep analytics, to help companies reduce risk and put greater certainty around the decisions they have to make

To answer one simple question: What if?

Written by turbotodd

October 26, 2009 at 4:14 pm

The IM Software Future’s So Bright

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It was one of those rare sports weekends: All my teams won!

The Longhorns beat Mizzou, the Cowboys beat Atlanta, and the Yankees took the ALCS.

I should come to Vegas more often…I get good odds here.

Of course, wagering on the past is just Monday quarterbacking, and here at the Information on Demand Conference, it’s the future most folks are concerned about.

IBM information management (IM) market insight analyst Stacy Novack held a session yesterday to give us the lay of the land, and the future seems to be so bright for IM software that you gotta wear a two-phase commit.

First, in broad strokes, Stacy indicated that the IM market is expected to be $237B next year, with software being about $63B of that (the other slices are services and hardware).

Though the clouds are starting to lift on IT budgets everywhere, their recovery will be tied to continued GDP improvement, but Novack expects relative resilience in software spending as companies prepare for the uptick.

The recovery is expected to vary widely by region (ranging from -2.0 to +2.0) in 2010, and the information management software opportunity is expected to grow twice that in “growth” countries versus the G7.

Some CAGR expectations: 5.9% from 2009-2013 for the overall IM software market, with analytics applications leading the pack at an expected 7.8% (some $9B in 2010).

Business intelligence isn’t far behind at 6.0% (~$12B next year).

And there are big picture trends and forces shaping the climate: Global recession has led to cost cutting, govt stimulus, the “hyperconnected” enterprise, corporate social responsibility, and, ultimately, the drive for more security and transparency.

On the tech front, factors include continued proliferation of data, content, and information — Did you know the digital universe, by 2011, is expected to be 10 times the size it was in 2006??

And that’s not even yet counting last night’s killer live concert by U2 on YouTube!

Seventy percent of that digital universe is created by individuals (you know, like Larry from down the hall who likes to take pictures of the stuff growing on the office coffee pot and post them on Facebook), yet enterprises are responsible for the security, privacy, and compliance of 85% of that content.

Shhh, nobody tell the lawyers!

Many companies are increasingly seeking information-led innovation that treats information as an asset, not a liability, but there are challenges: need to improve the levels of integration, analytics capabilities, the breadth of access, the currency of information…there are still substantial gaps.

But the opportunities are prevalent and often immediate: Information management software capabilities are well positioned to address immediate and emerging business challenges.

Though cost reduction initiatives brought about by the downturn continue to be a priority, many organizations realize effective analytics capabilities can help drive short-term results, even as those organizations prepare for longer term IT investments.

To take advantage of those, IT leaders need to translate those solutions so they meet the needs of business decision makers, and work to link those shorter-term investments to longer-term infrastructure visions.

IBM’s Global CIO study found that CIOs spend 55% of their time on activities that spur innovation and help the business, including leveraging analytics to gain competitive advantage.

There are good odds that your time spent here in Vegas at IOD will help you along the way.

Now, if you’ll excuse me, I have to go find some breakfast…along with 6,000 of my new closest friends!

Written by turbotodd

October 26, 2009 at 2:01 pm

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