PLANNING AND LEADERSHIP FOR A BETTER WORLD
PLANNING AND LEADERSHIP FOR A BETTER WORLD Over the past few months I've written and spoken about the big data problem—that is, the crushing avalanche of new digital information that organizations have to deal with every day. If you thought it impressive that Moore's law has held true all these years, I'll share with you Krieger's law, which my brother Lloyd postulated in 1979—that the amount of free disk and memory space available in the enterprise will be consumed by the combination of sloppy programming and the desire to collect more information on every transaction. And that's long before anyone could have imagined the digital media onslaught. Terabytes? That's SO 20th century. Yottabytes? Tomorrow's TiVo.
Big data requires new BPM tools to deliver actionable information.
Why are we ramping up the amount of storage we're using on a daily basis? Theoretically, it's to make better business decisions or improve business processes. The problem? There's so much new data, both structured and unstructured, that it's becoming too massive to analyze. Excel and pivot tables go so far, but when we're talking millions of cells—or more—well, even if the pane of glass was big enough, most brains can't handle THAT kind of truth.
What's emerging now is a new kind of business process management (BPM) or decision management tool, where the first order of the day is getting a handle on the data fire hose and taming it to deliver actionable information. IT can spend all day deploying service-oriented tools, connectors and integration offerings, but today it's all about the bottom line, and even as IT's mantra has changed from "do more with less" to "do everything with nothing," the CFO/CEO's mantra has become "what's the bottom line savings today?"
That often means bringing a new level of agility to the business, through software, services and outsourcing (BPM as a service?), to enable you to see trends faster than your competitors do. Will today's tools outpace the data growth and keep enterprises on the ready? Tell me what you think.
Michael Krieger began his IT career as a mainframe programmer/analyst in the early 1970s. He has led the development and marketing of data communications, superserver, blade and SaaS products for a variety of tech companies and is currently VP Market Experts with Ziff Davis Enterprise.
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