Welcome!

Containers Expo Blog Authors: Liz McMillan, Pat Romanski, Zakia Bouachraoui, Elizabeth White, Yeshim Deniz

Related Topics: Containers Expo Blog, Microservices Expo

Containers Expo Blog: Article

The Agile Business – Why Data Virtualization Is Needed

In the struggle for survival, new approaches to data integration are required

"In the struggle for survival, the fittest win out at the expense of their rivals because they succeed in adapting themselves best to their environment."

This quote from Charles Darwin's Origin of Species in 1859 captures the essence of every organization's need to continuously adapt in response to a complex and dynamic business environment. To survive and be competitive, the organization must be adaptable.

And adaptability requires the agility to quickly take advantage of new or changing business opportunities.

Business agility is the most important overall success factor for every enterprise today.

Information and the Pursuit of Business Agility
While the importance of business agility is well understood, achieving it is a difficult and ongoing challenge.

The key to success is information. Armed with the right information, business decision makers can better evaluate their environment and decide how to adapt it for future success.

Providing this information and the supporting infrastructure that delivers it to business decision makers is the responsibility of information technology (IT) organizations.

In the quest to become an agile business, business and IT leaders must address all three elements of business agility:  business decision agility, time-to-solution agility and resource agility.

Business Decision Agility
What happened in the past? What is happening now? What is going to happen in the future?

Business leaders need the answers to these questions in order to identify and execute the ongoing business changes required for long-term success. This knowledge and insight can only be derived from complete, high-quality and actionable information.

Without this information, business leaders must fly blind.

Time-to-Solution Agility
When the business seeks to enter a new market, launch a new offering, implement a new business process or radically shift an existing one, IT must quickly develop and deliver the tools and information necessary to support the analysis and decision-making process as well as provide any IT-based solutions that the new initiative may require.

Failure to do so in a timely manner delays success, opening the door for competitors to capitalize on new opportunities instead. Thus, rapid time to solution is critical to achieving business agility.

Resource Agility
In many enterprises, IT operations are one of the largest ongoing resource expenses and IT infrastructure is one of the largest capital expenditures. Whether the financial strategy is "more from more," "more from the same" or "more from less," maximizing the business impact of and return on these significant IT investments is crucial or long-term survival.

Achieving the "same from the same" or worse, "less from the same," are not valid options in today's fast-changing business and IT environment.

CEOs and CIOs Agree
When it comes to the importance of information as an enabler for business agility, CEOs and CIOs agree.

According to IBM's 2011 global CIO study, based on face-to-face conversations with over 3,000 CEOs and CIOs, the number one priority for the next three to five years is the ability to derive insight from the huge volumes of data being amassed across the enterprise, and to turn those insights into competitive advantage with tangible business benefits.

Information Technology Challenges Abound
However, effectively leveraging information assets to achieve business agility is complicated by the fact that the volume of information is expanding at unprecedented rates. An IDC research study recently found that, in 2010, the universe of information exceeded one zettabyte, or one trillion gigabytes, for the first time in history, and is expected to grow another nine-fold over the next five years.

These massive volumes are inexorably intertwined with the multiple generations of information technology that organizations have adopted over the years - mainframe, client-server, Internet and cloud. Simply maintaining this complex technology infrastructure, even at status quo service levels, strains most IT organizations today. This leaves IT with little opportunity and few resources to optimize this complex infrastructure for business advantage.

Given this landscape, does it make sense to believe that traditional data management and data integration approaches with their long lead times and seemingly endless backlogs can meet these demands?

With more agile approaches such as data virtualization available, now is the time to take advantage.

Is Data Virtualization the Answer?
Data Virtualization is recognized by analysts, media and innovative organizations as an important part of the answer, making it a must have addition to the traditional data integration toolkit along with data replication, data consolidation, and more.

In fact, in the recently published book I co-authored with Judith R. Davis, Data Virtualization: Going Beyond Traditional Data Integration to Achieve Business Agility, we profile ten enterprises that have added data virtualization to their IT infrastructure and are gaining significant business decision agility, time-to-solution agility and resource agility benefits as they address their business agility challenges.

Take time to solution for example.  One firm, Northern Trust, which provides outsourced back office services to other financial institutions, improved time to onboard new institutional clients by 50%, thereby accelerating revenue and improving client satisfaction.  A Fortune 50 Financial Services Firm was able to combine reporting across merged organizations in just a few months, as opposed to the years a physical consolidation of the merged systems would have taken.

Resource agility benefits from data virtualization are also significant. For example, Qualcomm, one of the most agile businesses in the world, estimated savings of $2.2 million in development costs across its first five data virtualization projects.  And the NYSE Euronext saved $4.5 million annually by using data virtualization on project alone.

Make Your Business Case
If your organization is new to data virtualization, there are many real-world examples to guide you on how your enterprise can move beyond traditional data integration and use data virtualization to improve your business agility.  Use these to make your case for change.

If your organization is already adopting data virtualization, now is the time to accelerate and expand your adoption, compound your business agility gains and achieve additional business and IT benefits from data virtualization.

Your competition isn't resting.  Neither can you.

More Stories By Robert Eve

Robert Eve is the EVP of Marketing at Composite Software, the data virtualization gold standard and co-author of Data Virtualization: Going Beyond Traditional Data Integration to Achieve Business Agility. Bob's experience includes executive level roles at leading enterprise software companies such as Mercury Interactive, PeopleSoft, and Oracle. Bob holds a Masters of Science from the Massachusetts Institute of Technology and a Bachelor of Science from the University of California at Berkeley.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


IoT & Smart Cities Stories
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...