One key challenge to a successful Big Data journey is gaining consensus and alignment between the business and IT stakeholders in identifying the initial big data business use cases that 1) deliver sufficient value to the business, while 2) possessing a high probability of success. One can find multiple business use cases where big data and advanced analytics can deliver compelling business value. However, many of these use cases have a low probability of…Continue
Added by Bill Schmarzo on August 22, 2018 at 8:51am — No Comments
I recently talked to Clint Boulton, author of “Why digital transformations are lagging” about why Digital Transformation is so hard. His article raises lots of interesting points about the inhibitors of Digital Transformation, so I thought I’d share my thoughts about how to overcome some of these challenges.
Forrester published a report entitled “…Continue
Added by Bill Schmarzo on August 9, 2018 at 6:00am — No Comments
Forrester published a report titled “The Sorry State of Digital Transformation in 2018” (love the brashness of the title) that found that 21% of 1,559 business and IT decision makers consider their digital transformations complete. Complete? Say what?!
The concept of “Digital Transformation” is confusing because many CIO’s (at least 21%) and their…Continue
Okay, that may be the most complicated title that I’ve ever read, but here’s the point of that title: Most people don’t know what they already know. Maybe spun another way, is that people don’t realize how much they really know, that much of what they really know is buried behind general rules, rules of thumbs and simple heuristics. But those heuristics get in the way of one’s real knowledge. And that’s the real secret to effective…Continue
Will I ever get this digital transformation thing right? The more work I do with clients on their digital transformation initiatives, the more I realize how much I don’t know. For example, first there was the “4 Laws of Digital Transformation”:
Added by Bill Schmarzo on July 11, 2018 at 9:02am — No Comments
Why is it so hard to change, especially from a business perspective? Why is it so hard to understand that new technology capabilities can enable new technology approaches? And nowhere is that more evident than in how companies are trying (and failing) to apply the old school “Big Bang” approach to Big Data Analytic projects.
The “Big Bang” approach likely comes from how businesses have historically gained competitive advantage – through…Continue
Added by Bill Schmarzo on June 29, 2018 at 5:00am — No Comments
I had the opportunity in 2017 to give a 10-minute keynote at DataWorks Summit 2017. I know what most of you are thinking: Schmarzo can barely introduce himself in 10 minutes! What sort of keynote could he give in just 10 minutes? And to be honest, I too struggled with what to say.
But after some brainstorming, I decided to pose 5 questions that every organization needs to consider as they prepare themselves for digital transformation. And…Continue
Added by Bill Schmarzo on June 28, 2018 at 4:30am — No Comments
The key of any organization’s digital transformation is becoming more effective at leveraging data and analytics to power their business models. That is, how can organizations exploit the growing bounty of internal and external data sources to uncover new sources of customer, product, service, operational and market insights that they can use to optimize key business and operational processes, mitigate compliance and cybersecurity risks, uncover new monetization opportunities,…Continue
Gartner’s recently released “Magic Quadrant for Industrial IoT Platforms” outlines how organizations can leverage the Internet of Things (IoT) to drive their digital transformation initiatives. In particular, Gartner believes that “By 2020, on-premises Internet of Things (IoT) platforms coupled with edge computing will account for up to 60% of industrial IoT (IIoT) analytics, up from less than 10% today.”
More real-time sensor and…Continue
Added by Bill Schmarzo on June 20, 2018 at 1:30pm — No Comments