Research from IT advocacy group, CompTIA, offers interesting data about the size, scope, and growth of the information technology industry. For CIOs and other IT professionals, understanding the trends can help you create company strategy, identify job opportunities, understand areas of growth, and sidestep the impact of industry weakness. For example, there is a skills migration taking place from managing on-premise infrastructure to designing for the cloud and helping companies become more user-centric. Every person working in IT should be aware of these trends and recognize the potential impact on both company strategy and personal employment. CompTIA conducted its analysis based on research from a survey of 673 respondents along with data from IDC, EMSI, Burning Glass Technologies Labor Insights, U.S. Bureau of Labor Statistics, U.S. Bureau of Economic Analysis, and others. Based on the data, CompTIA concludes that the global IT industry generates almost $4 trillion annually, … [Read more...] about CIO alert: Information technology is a $4 trillion global business
Information technology represented 31 percent of innovation in 2015 as technologies such as cloud and the Internet of things led to new inventions, according to a report from Thomson Reuters. Thomson Reuters 2016 State of Innovation report is worth a look. The report aggregates patents, innovations and how breakthroughs are happening. In addition, there's even a new buzzword to ponder: Collabovation. What's collabovation? Thomson Reuters explains: Collabovation is a term used to represent the elegant convergence of collaboration, innovation, cultivation, cross-pollination and calibration, swirled into the powerful process of bringing inventions to life with strategic partners and suppliers. Coming up with a novel idea can be a feat in itself, but actually bringing one to market is an entirely different game. The Lifecycle of Innovation, from discovery and protection to commercialization and launch, involves everything from research and prototyping to intellectual property protection … [Read more...] about Information technology bulk of innovation as ‘collabovation’ takes root
The current business model for healthcare is not sustainable. The U.S. spends more on healthcare than any other high-income country, and yet, our health results are some of the worst. Costs are soaring in every aspect of the industry, especially on pharmaceutical drug prices, and neither politicians nor society can afford the recent hike. "The current business model is just not sustainable and we have to have a more holistic approach," said Arim Furtwaengler of Boehringer Ingelheim in the latest Knowledge by Wharton Paper, Precision Medicine: New Paradigms, Risks and Opportunities. "The current situation for the pharmaceutical industry is very challenging, with lots of significant and dynamic changes coming from limited budgets of payer organization and governments, and ever increasing expectations and aspirations by patients, physicians, and society of what 'modern healthcare, research and new technologies' might potentially accomplish," Furtwaengler said. More than a Buzz Word: … [Read more...] about Holistic Healthcare & the Role of Information Technology
Metrics and measurement are important in the information technology world, and offer tangible proof that a system or application is or is not working up to expectations. It's certainly the stuff of presentations and case studies. However, a new study questions how much metrics really matter in the end. IT leaders seem to have mixed feelings about the relevance of metrics as they relate to the big picture. A survey recently released by Kaseya, based on input from more than 900 IT leaders, finds somewhat less-than-robust adoption of the key metric of metrics, service level agreements (SLAs). Overall, most organizations, believe it or not, do not have active functioning SLAs associated with their systems. The organizations in Kaseva's sample that are most advanced ("aligned and strategic") in their IT approach are most prone to embrace SLAs, but still, fewer than half (46%) do it. Only 21% of all respondents have SLAs in place, as do fewer than 10% of so-called "reactive" companies … [Read more...] about Information technology metrics are only part of the story
-- Name: Bob Deegan, senior vice president and CFO-- Age: 51 -- Time with company: 5 years in February-- Education: Bachelor of Science in accounting from Mount St. Mary's College (now Mount St. Mary's University) in Emmitsburg, Maryland; CPA-- Company headquarters: Greenbelt, Maryland-- Revenue: About US$50 million -- Number of countries: U.S. -- besides the headquarters office, the company has satellite offices in Virginia, Ohio, Florida and Alabama-- Number of employees total: 170-- Number of employees the CFO oversees: 9-- CFO's areas of responsibility: All day-to-day accounting, finance, human resources and contracts, including internal and external financial reporting, budgeting, project costing for bids/proposals, corporate taxation, insurance risk management, financing and banking relationships, personnel and human resources, and compliance reporting-- About the company: Array Information Technology specializes in IT products and services for the U.S. security, defense and … [Read more...] about 10 Questions for Array Information Technology CFO Bob Deegan
If you’re reading this magazine, you’re probably not a Luddite. You probably believe that technology change is inevitable and generally also good. I bought a new PC this week that came with a shocking two gigs of RAM, so I’m right there with you.But a couple of new analyst studies this week cast doubt on the notion that information technology change is good. A report from New York-based Frost & Sullivan, for example, explains that automation-software vendors in Europe are facing a challenging task as they try to convince factory-floor users there to upgrade from legacy Programmable Logic Controllers to more modern HMI (Human Machine Interface) and SCADA (Supervisory Control and Data Acquisition) systems.Although Internet connectivity to the shop floor offers major benefits such as remote monitoring and management -- not to mention convenience -- users are apparently more concerned about increased security vulnerabilities and reliability for mission-critical … [Read more...] about Is information technology change good?
Publishing lists of 2012 information technology trends is so cliché that it's almost cliché to write about how cliché it is.But we can't get enough of them. Why? Because it's far more fun to dream about the year ahead, than look back on 2011. Because while the past 12 months were most likely full of transition, budget restraints and other challenges, 2012 is the "future" - a bright beacon of hope promising to finally bring us the flying cars and robot maids we dreamed of as kids.Well, we're halfway through month one of 2012 and here's what I see: more transition, more budget restraints, and more challenges ahead as a result. Don't mistake my realism for negativity. I don't doubt that we'll be talking a lot about cloud, virtualization, context-aware computing, big data management and mobility in 2012 - but how many of us are moving toward execution on any of these? I know I'm not being completely fair - IT trend lists are just that: trends. They're not … [Read more...] about 2012 Information Technology Trends
Recent news coverage has been filled with talk of the split of U.S. Cyber Command from the National Security Agency. It’s a transition that makes sense. Cyber Command is focused on warfighting within the cyber domain while the NSA is focused on intelligence collection, and while the techniques are often the same, the objectives are extremely different. In fact they’re governed by two completely different laws.Cyber Command falls under Title 10 of US code, which governs warfighting. Within the cyber domain this is termed Computer Network Attack, or CNA, and means hitting an adversary with the goal to disrupt, deny, degrade, or destroy information, computers, or networks. All of these activities are very likely to be noticed by the adversary. On the other hand, NSA is governed by Title 50, which covers covert intelligence collection -- an activity which is only effective if it’s not noticed by the adversary.The two activities are so different that it probably never … [Read more...] about Information security is not information technology
The United States is the birthplace of both the personal computer and the Internet. It has written the rules for using business technology to deliver staggering increases in worker productivity. It has given the world major innovations in the microprocessors that power computing and electronics devices of all sizes and functions.The U.S. has quite simply served as the undisputed leader and catalyst of the global IT industry for the past 40 years. Yet the landscape has changed rapidly over the past decade, and especially in the past five years, as the U.S. is now facing challenges across the board from nimble innovators in Europe and Asia.In the past several months, many journalists and commentators in the U.S. have made bold assertions and dire predictions about America's decline as a force in technology. Below is a list of some of the more prominent (and most dire) reports, including links and some quotes that provide a brief synopsis of each one. US Losing Its IT Chops … [Read more...] about Sanity check: Is the U.S. losing its role as the world leader in information technology?
IBM will acquire Solid Information Technology, the makers of embedded databases. The deal is expected to add value to IBM's line of data access technologies.An excerpt from PC World:The IBM acquisition may be seen as a setback for MySQL, since it marks the loss of independence of another company that makes a high-performance transaction engine for MySQL's database.MySQL, the open-source DB which deploys a transaction engine based on Solid's database will probably now have to look out for other alternatives.More information: IBM acquires developer of high-speed databases (InformationWeek)IBM To Buy Solid Info Technology: Terms Undisclosed (CNN Money)IBM buys again with in-memory DBMS grab (Inquirer) … [Read more...] about IBM acquires high performance DB maker, Solid Information Technology