Creating Value with an Enterprise Data Bazaar

Lead researcher: Katy Ring, Research Director – IT Services

At 451 Research, we believe ‘the enterprise data bazaar’ can help organizations that aim to become more agile by using data to inform the direction and development of their businesses. The phrase ‘enterprise data bazaar’ is a term used to define an environment where many people can access and leverage that information to build data-driven products.

To achieve this, businesses need unified data management layers, so that data scientists and subject matter experts can decide how to deal with the stored data. These layers enable the use of datasets – or a data lake – to provide value without siloing information within the organization. However, many organizations have ended up with what could be described as a ‘data swamp’ – a single environment housing large volumes of raw data that cannot be easily accessed for any purpose, let alone multiple uses. Creating a data bazaar with these management layers would break apart the swamp by putting security at the foundation of this approach by building out the data governance and self-service data preparation functionalities.

When speaking to our clients that have data lakes, many are struck with the realization that they did not fully comprehend the risks associated with what they have built. Companies struggle to audit their lakes as part of compliance measures since each source system has difference governance and security policies. This struggle is caused by the self-service nature of a data lake, where data can be access for nearly any purpose, making it unclear is a company has protected PII data as part of regulations like GDPR.  

When companies are in this scenario, vendors and service providers are opening an internal role for a chief data officer (CDO) that can help get the business back on track. Together, this group can work out a remedy for the situation. One solution is to build a “sandbox” environment that includes company-wide policy, controls and metadata management with a ‘citizen’ data integrator tool which allows the user to give back or develop analytics on how they are using the data. With this type of tool, users can still access data in a self-service way and allow that access to be overseen by the IT group or CDO before it moves to production as a data product.

In addition to this self-service ‘sandbox’ data preparation layer, IT service providers can help companies with data governance and the data supply chain. Such providers assist in sourcing, managing and enriching the data, and sell managed services for policing data consumption. For example, in an audit, organizations need to know the data they hold, who uses it and what for. This regulation provides a strong opportunity for developing the enterprise data bazaar.

Furthermore, the self-service analytics and governance layers need to be architected the right way to enable a range of use cases over time, and this is often not what results from the development of a single-use-case project. Therefore a CDO role is so very important: this individual is the internal champion with authority to get agreement on a company-wide strategy for the capture, management and sharing of data.

Katy Ring, research director of IT services at 451 Research, examines the benefits of enterprise data bazaar, the technologies, service providers and strategies used to enable them in her Technology and Business Impact report on the Enterprise Data Bazaar. Learn more about this report.
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Prepping for HCTS – Q&A with Research Vice President William Fellows

All around the world, we are certainly enjoying the hot July weather. Before we know it, however, September and the first hints of fall will be here. September also means the 451 Research team will be off to Las Vegas for our 14th annual Hosting & Cloud Transformation Summit (HCTS). The analysts are eager to discuss the hosting, cloud, datacenter and managed services sectors with our attendees and other experts, including Research Vice President William “Wif” Fellows.

Last year, he discussed the future of cloud infrastructure and the impact of containers, microservices, converged infrastructure, orchestration and more on a panel. In this Q&A, Wif reflects on HCTS 2017 and discusses his upcoming session in September.

Q: What did you discuss last year?

A: At HCTS 2017, our panel concluded that because of innovations like containers, microservices, converged infrastructure and orchestration, infrastructure is becoming increasingly software-defined, composable and converged. This trend benefits technology consumers that expect to access, assemble and pay for digital services in a simple, seamless and automated manner without requiring any specific knowledge of the underlying physical infrastructure. ‘Invisible Infrastructure,’ as it has been termed, must be instantly available, operate and scale regardless of specific requirements, and be billed and metered in a manner the customer prescribes. It just works. 

Q: What was your biggest take away from last year’s HCTS?

A: The importance and practicality of Invisible Infrastructure. While it works, it does not mean physical infrastructure is any less important. In fact, the paradox is that the more important the role infrastructure plays in our lives, the more important it becomes to shield users from having to directly interact with, or even consider, it.

It is important to remember that amid all the disruption, there lies great opportunity for service providers which can raise their software IQs and add value beyond the infrastructure as a result. Though, removing complexity and risk is an ongoing challenge.

Q: What will you be discussing in this session?

A: My session discusses how we will live in a multi-cloud, hybrid architecture world. As with any other best-of-breed approaches, managing and orchestrating across these platforms can become a nightmare for both enterprises and service providers. In the session, I will specifically discuss:
·         Approaches to creating a unified orchestration layer
·         Practicalities of effective cost management given the complexity of cloud pricing
·         Opportunities for providing simple, yet robust visibility for end users and enterprises      

Q: Why should HCTS attendees find this session valuable/what can they hope to gain?

A: Going forward there will be less building and more buying of cloud services. Cloud consumption overtakes cloud building as the primary driver of IT spending. We call it the Era of Consumption. There is a massive land grab underway as industries convert to cloud. The more effective a supplier is in supporting the transformation journey the more right it will have to play in the ongoing management and optimization which is where the majority of the opportunity is going forward. Attendees will gain an understanding of what they need to do to earn this right.

Q: Why are you excited to attend this year’s HCTS?

A: Today, 60% of enterprises surveyed for 451 Research’s Digital Pulse say the majority of IT resides on-premise. In two years the balance swings dramatically to off-premises. Moreover, cloud services will dominate the market. It’s a time of great disruption and opportunity for service providers and it will be great to see these conversations play out.

HCTS 2018 will be held at the Bellagio in Las Vegas, September 24-26. We will be sharing Q&As with our analysts presenting at HCTS between now and September. Don’t miss your chance to join the discussion by registering today for HCTS.
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Congratulations Ian Hughes: Doctor IoT!

Last week, 451 Research’s senior analyst for the Internet of Things Ian Hughes was honored with an honorary degree of Doctor of Technology from Solent University.

ian hughes blog imageIn many ways, such an honor was inevitable for Ian, at least in our not-so-humble opinion. With 30 years of experience in the industry, Ian has served as an emerging technologies developer, software engineer, cross-industry app developer and a video game programmer before joining the 451 Research family. He has numerous patents to his name including virtual sporting event simulations, activity tracking and location-based services.

Most notably, Ian became an entrepreneur in 2009 when he started his Feeding Edge. During this time, he regularly appeared as “Super Geek” on the UK children’s program “The Cool Stuff Collective,” built virtual multi-user training hospitals and wrote a regular technology column for a fashion magazine. If you are familiar with Ian on social media, you know he also published two sci-fi novels under his online name Epredator.

Ian has been a familiar face at Solent University for years, hosting speaking engagements for students and faculty about Augmented and Virtual Reality for business and industrial usage as well as the gaming industry – his first love. He also chairs the BCS Animation and Games specialist group at the university and is a STEMnet ambassador. We couldn’t be more proud of our “Dr. IoT” and hope you join us in congratulating him!

Ian’s most recent work at 451 Research include a Technology & Business Insight report entitled “Exploring Industrial Internet of Things Adoption Rates and Maturity Across Industry Types,” a webinar on the same topic which can be accessed on our blog and numerous Market Insight reports tackling many areas of the IoT space. Be sure to also check out his interview with Solent University.
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Industrial IoT: What is Missing and What is Next?

451 Research has covered the adoption of Industrial IoT for several years, and it is a significant area to consider both for existing IT providers and for those industries looking to automate further. IIoT has significant long-term equipment installations, brownfield sites, as well as major new installations adopting all of the latest technology, under its umbrella. This area also has the ongoing organizational struggles between Operational Technology (OT) and IT, making projects more complicated to build and deploy. There are also some noticeable gaps in the approaches to IIoT and its related technologies that may not have been dealing with adequately.

During this webinar, Ian Hughes, Senior Analyst for IoT, VR and AR, and Emily Wentworth, Research Associate, at 451 Research will describe the current state of play of IIoT and then introduce some key challenges and opportunities in the future. Ian will touch on the challenge of defining architectures in IIoT, and testing and implementing solutions. He will further highlight the importance of uniting OT and IT and the role of people in what is often portrayed as a pure automation play, as well as cover how front-line workers will need to engage with IIoT on the shop floor, using tools such as Augmented Reality (AR) to get the full benefit of this digital transformation wave. Emily will cover her work on Cobots in this presentation. 

The webinar will be of use to those in the IT industry who will benefit from the OT perspective and vice versa.
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Assessing the Impact of Data Science on the Analytics Landscape

The evolution of data science – including machine learning, deep learning, and other forms of artificial intelligence – has had a significant impact on the data analytics landscape in recent years, and looks set to drive considerable change in the market in the coming years.

In response, 451 Research’s new Data Management and Analytics Market Map 2018 includes a complete re-categorization of our Analytics Market Map to reflect the realities of analytics users and use cases today, dividing the analytics market into four key sectors:
  • Analytics tools
  • Analytics platforms
  • Data science tools
  • Data science platforms
During this webinar, 451 Research’s Research Director, Data Platforms and Analytics, Matt Aslett, will explain the rationale and definitions behind the new categorization, as well as identifying the key challenges and innovations that will shape the analytics and data science market, and also revenue and growth expectations.

The webinar will also touch on other aspects of note delivered with the Data Management and Analytics Market Map 2018, including:
  • The ongoing evolution of Corporate Performance Management
  • The addition of Data science Management to the Data Management Market Map
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