From good to great

I have been coaching my kid to learn soccer for sometime now. Quite recently, I ran into this thought about how one can raise from a good player to a great player. If you think about soccer, anyone who has a soccer ball knows how to kick a ball, I mean just blindly kicking. Very low barrier to entry into this sport. With some hard work, one can move from a novice player to a good player, but to move from a good to a great player is not at all easy. This transition takes relentless practice, dedication, perseverance, planning & many many other skills. It even might take many years to reach there.

The same thing applies to the 'Business' world.

Show me the value!

It's amazing to see the evolution of 'Big Data' technologies - NoSQL, Document Databases, and Hadoop ecosystem, from batch computing to real time computing and the V's progression - volume, variety and velocity. Currently, it is the value!.

In this post, I will focus on some value attributes of Big Data.

To start any journey to find something either one has to have some experience to explain or has to experience the journey itself. I will start with my favorite quote - 'The value is in the eyes of the beholder!'

That's very true. Ask Google, Facebook, Twitter, LinkedIn or Yahoo to name a few to show the value of Big Data. You will be surprised to hear the answer.

I was often faced with questions like how valuable is this technology?, which one is the right tool? or how can my organization build this capability? etc. Answers to these questions are NOT easy!

To answer the value question, the first thing to understand is the target audience whom we are trying to answer - are we talking to the audience of a tangible asset company or intangible asset company. It is relatively easy to answer to the former one.The companies I have mentioned above also comes under the tangible ones.

Lets deep dive into the value aspect. There is a rush these days into Analytics without really exploring or knowing the true nature in 'Big Data'. I will list a few of these here:

1. Hardware Infrastructure: Ask a company which is running with 99% of disk capacity, the value for this company is in storage optimization solution.

2. Backup: Ask a company which lost its data due to unexpected event, the value is in back and recovery solution.

3. Security: Ask a company where data breach happened, the value is in hardening the access or a security solution.

And the list goes on and on like performance, SLA, access management, enterprise integration etc etc. There are many such cases where value can be seen and explained before we jump into Analytics infrastructure.

Bottomline: The value is proportional to your need and is in the eyes of the beholder!

Enablers of Enterprise 3.0

We are entering into a new era of Enterprise 3.0. The number 3 here just means the next generation enterprise. Most often, innovations in web or internet companies will pave the way for the new enterprise. There are few enablers leading the path for this change. Though these are just enablers for the new enterprise, their impact on the business is huge. The way we do business, the way we deliver value, the way we come up with innovative products, and including current organizational culture will change drastically. These new enablers will disrupt the fundamentals of the current enterprise. Are you prepared?

The following are the few enablers for Enterprise 3.0:

1. Cloud Computing

2. Mobility

3. Social Media

4. Big Data

Each of the above enablers will need either a complete book or at a minimum a blog post to understand their impact, benefits, opportunities and threats.

Designing Organizational Structure

Have you ever paid attention to your organizational structure? As we navigate early phases of globalization, designing organizational structure or rather efficient design is important than ever. Current, 21st century, era mandates some disruption to how we structure and run an organization.

Some of the factors you need to pay attention to while designing organizational structure are:

1. Delight customers
2. Optimization of External Network
3. Faster Decisions
4. Faster Technology Adoption
5. Cutting through Innovator's Dilemma
6. Faster Response to External Changes
7. Capture Rapid Network of Talent

Clearly, this is a CEO's task and requires high coordination between CIOs, CTOs, and CDOs. Let the change begin.

From Web Masters to Data Scientists

Since inception of my career, it is my belief that automation will take over mundane work. That is how anyone from computer science background will think. This applies to every job and in every field. For sure, it is difficult to reach complete automation but its a matter of time. This means any manual work will evolve towards some form of automation. 

Here are few examples,

• Web masters in late 90s
• Material production - 3D printing
• Automotives - Robotics.
• Car driving - Google, Volvo 

So, what happens to data science next? Already, there are certain companies who are trying to solve this problem. This will also evolve towards automation.

Data is the new Oil

"Data is the new Oil" 

 You may have heard about this, right? 

Personally, I would say - 'Data is the newly discovered Oil'. Traditionally, The data was there and now in the Big Data world, we are discovering new data assets. This will move the next decade into so called 'Data Economy'.

There are great opportunities and also challenges with this new model. In regards to opportunities, we will see new roles, responsibilities - CDOs, CAOs, CINOs etc and business models will evolve. As far challenges goes, we need to walk on a fine line about privacy, governance and ethics etc.  

These new roles and responsibilities will be so critical for the organizations to foresee the respective responsibilities. All the leaders needs to be prepared for one thing - "Change". Yes, change is the only constant. This seems like oxymoron.

When I spoke with CTOs, CIOs and CEOs of various organizations in various verticals, one thing I heard constantly from them was about how to adopt to this change happening so fast like a thunderstorm. 

Big Data is here to stay in one form or the other but definitely going to disrupt very vertical and very sector. Time to visit your strategy. Technology is NOT a cost center, its a tool for innovation.