Businesses dealing with cyclical commodities face ongoing challenges from fluctuating market pricing forces. It’s easy to understand in the context of a business in the oil and gas industry today. The price of their product recently dropped from $110 a barrel to $30 a barrel. So they have an extreme need to scale down their IT and business environment to fit that new reality.
The pain of a major software purchase going wrong can lead to wishing the project had never been started. However, by then contracts are signed and it is too late to do anything about it. Read and be warned!
Can companies save money by going to the cloud? The unsatisfying answer is: it depends. The success of cloud initiatives has more to do with the art of how an enterprise promotes its adoption than any exact formula.
For years, the IT and marketing departments have had a rocky relationship. As marketer's need to better understand the customer, it requires the investment and use of a significant amount of technology. It's time that the feud come to an end and both parties work together to grow today's cutting-edge businesses.
An embrace of cloud a decade ago may have been considered “skating to where the puck was going to be.” Today, anything but going “all in” is like skating toward where your grandfather’s memoirs say the puck might once have been.
A major player in the space pointed out the promise of the Internet of Things (IoT) but said it’s not evolving much beyond the use case of predictive maintenance. Why aren’t use cases and revenue opportunities in the IoT exploding? I believe the hindrance is the same as it is when trying to drive change through any new technology: the change is cross-functional.
Whether your startup business is a solo operation or spanning multiple offices, you’re going to need to save and share data. And in order to do that effectively, you’ll need to design a good storage and management system that will enable you to save your business’s digital files in a way that’s safe, easy to access and reliable.
A thorough requirements analysis takes time and money, but helps an organization to truly understand what they need and want. That understanding is a critical part of the ultimate success of the new software.
Do you know what cloud services and APIs your systems are relying on? And do you know how to tell how reliable they are, and whether your vendor’s service level agreement (SLA) covers the performance you need?
Vendor and third-party contract management is a challenge for every organization. Focus on key contract areas to address risks from effects of mobile, social, cloud and big data on employee, vendor and customer access and use of digital information and services.
"Software is eating the world" but hardware is the key to building two-sided markets, also called platform business models, in the Internet of Things. Application software facilitates monetization, but consumers and producers are drawn to the marketplace by the adoption of hardware and the data that hardware produces.
IT as we know it is on the brink of massive disruption. Enterprise IT groups will struggle to rebalance skills while vendors struggle for survival. How will your organization fare in the new cloud-centric world?
Quantum computing is a brand new area of computing. IBM has made a breakthrough by creating a five-qubit quantum computer in a near-absolute-zero environment. That computer is available to anyone online via the IBM Quantum Experience.
When evaluating a new ERP system, companies have a hard choice to make. Do you they want something that can satisfy their needs best right now or are they looking for solutions that will grow with them long term and meet needs that they don’t know that they have?rn
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