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IT's C-Suite Problem

IT's C-Suite Problem | Splunk - IT Operations and Business Intelligence | Scoop.it
Relying on senior management can lead IT to pursue the wrong priorities.

Via Anna Conrad
Lori Eddlemon's insight:

Thank you Anna for sharing this article for CIO's and those of us who support them.

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Anna Conrad's curator insight, August 12, 2013 4:56 PM

This is a good article for CIOs and those of us who support them.

Splunk - IT Operations and Business Intelligence
Go Beyond the Tools - Go Beyond Operations
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The On-Demand Economy Is Growing, and Not Just for the Young and Wealthy

The On-Demand Economy Is Growing, and Not Just for the Young and Wealthy | Splunk - IT Operations and Business Intelligence | Scoop.it
New data shows a rapidly expanding consumer base.
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Big data vs. smart data: Dun & Bradstreet chief data scientist breaks it down - TechRepublic

Big data vs. smart data: Dun & Bradstreet chief data scientist breaks it down - TechRepublic | Splunk - IT Operations and Business Intelligence | Scoop.it
Anthony Scriffignano, chief data scientist at Dun and Bradstreet, explains the difference between big data and smart data, and how the two can be used to solve problems in your business.
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ONC Promotes Health IT Interoperability with New Tech Lab

ONC Promotes Health IT Interoperability with New Tech Lab | Splunk - IT Operations and Business Intelligence | Scoop.it
The Office of the National Coordinator for Health IT announced it's new ONC Tech lab aimed at aligning agency efforts with industry efforts for interoperability
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Who will unlock the data bottleneck in healthcare?

Who will unlock the data bottleneck in healthcare? | Splunk - IT Operations and Business Intelligence | Scoop.it

A recent article in the Harvard Business Review discusses the findings of a survey of senior executives across sectors and confirms that two-thirds of them report having big data in production, with 70 percent indicating that big data is of critical importance to their firms. Consumer oriented industries such as financial services are heavily represented in the survey, as are life sciences firms

 

As with most innovation and new technology programs, adoption rates and effectiveness will vary across sectors, and even within sectors. Typical factors influencing this dynamic are an industry sector’s historical approach to cutting edge technologies, focus (or lack thereof) on top-line oriented innovation vs cost reductions, and ROI considerations, just to name a few.

 

Even within Healthcare, the focus may be on R & D in pharma, claim expense control among payers, and clinical outcomes improvement in providers. Accordingly, stakeholders take widely varying approaches to investments in big data, and this consequently shapes their approaches towards the stewardship of enterprise-level data.

Why is healthcare suboptimal in the use of available data?

A paper by the IMS Institute for Health examines this issue in great detail and outlines the tradeoffs that regulators and patients have to make for data to be leveraged meaningfully. The paper argues that longitudinal data, even in a non-identifiable form, can be extremely useful in accelerating research and supporting connected health initiatives, involving big data from multiple sources, including new sources such as wearables. However, there are several bottlenecks in harnessing all this data – these include the willingness of participants to share data, regulatory and privacy restrictions, the suitability and reliability of new data sources, and information security considerations.

 

The challenges related to interoperability of data are well-known, as are the privacy restrictions on the use of data. However, several workarounds are emerging, as market participants (belatedly) coalesce around common standards to enable data exchange and analysis across the healthcare ecosystem. Cloud-based models that are HIPAA compliant and secure, are becoming more and more accepted as enterprises recognize that in many cases, cloud environments can be even more secure than their own legacy environments.

 

However, even with all of this, the ability to derive value depends on an individual institution’s access to large amounts of data within and across health systems that enable benchmarking and pattern analysis. This is where the fragmented healthcare system comes up short. The big EHR vendors, despite their access to vast amounts of data, have been slow to take the lead. Initiatives such as health information exchanges (HIE) remain regional, with their own set of restrictions governed by the individual members of the exchange.

The HBR article concludes that the vast majority of the problems in big data programs relate to people, not technology. Within organizations, effective use of data is stymied by management silos, and the disconnect between CIO's and the lines of business hampers the collaboration required for improving patient outcomes. Governance models within healthcare are evolving slowly, with the role of Chief Data Officer still relatively rare. The absence of centralized governance and the lack of collaboration weakens the data even further as individual groups choose to work with the limited data available within their silos.

The result of all this is an industry that operates sub-optimally at a system and a firm level across all of healthcare

 

So who bells the cat?

As technology continues to progress, the ability of healthcare to adopt and benefit from big data programs will continue to increase, and the focus has to inevitably turn to governance issues. As with sectors like retail and financial services, the solutions may emerge from disruptive forces outside the system. One obvious source of disruption is Silicon Valley, with its iconoclastic ways of approaching the status quo.  Notwithstanding some regulatory challenges, most recently with insurance broking startup Zenefits, some of these startups will successfully disrupt incumbent players and their deeply entrenched interests in maintaining the status quo.

A second, unexpected, source of disruption seems to be big employers, especially the large companies that underwrite the costs of medical expenses for their employees. A group of twenty large employers, including the likes of American Express and Verizon, are forming a coalition to pool the medical claims information on their 4 million collective employees to identify opportunities for group purchasing and contracting that will put pressure on health plans and providers to reduce costs. These employers are motivated by multiple factors – controlling costs, retaining employees, and managing financial risk being some of them.

Frustration with the current state of healthcare, especially the large premium increases we have seen this year, will lead to some radical new thinking – which many of us crave, including this blogger. Sure, there will be lots of hand-wringing about new players playing fast and loose with patient data.  At the same time, the fact is that the key to solving this bottleneck is in the hands of the incumbents in the healthcare system. If they choose not to use it, someone else will. Very soon.


Via Chaturika Jayadewa
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Focusing on the Enterprise-Defined Data Center - Thomas Bittman

Focusing on the Enterprise-Defined Data Center - Thomas Bittman | Splunk - IT Operations and Business Intelligence | Scoop.it
We need another IT term, right? My problem is terms like “Software-Defined Data Center” focus on a very limited “how,” and not the “why.” And far too many of the infrastructure and operations (I&O) teams that I talk to use SDDC to describe how they are modernizing their own data center – and in a …
Lori Eddlemon's insight:

This aligns with what is already happening today.  It's a good time to validate if the 2016 strategy is inclusive.

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How does Configuration Management work in a turly federated envioronment? - Effect Tech

How does Configuration Management work in a turly federated envioronment? - Effect Tech | Splunk - IT Operations and Business Intelligence | Scoop.it
What is Federation?One of the key idea of Configuration Management is “Federation”. Federation means that data is not stored in one warehouse of information
Lori Eddlemon's insight:

Many benefits for CMDB consumers and TCO for IT.

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Sports Teams Need Big Data and Here's Why

Sports Teams Need Big Data and Here's Why | Splunk - IT Operations and Business Intelligence | Scoop.it
Sports Teams Need Big Data and Here's Why
Lori Eddlemon's insight:

Good starting points for many types of businesses.

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Top 10 Service Request Management Posts of 2015 (So Far) | Kinetic Vision

Top 10 Service Request Management Posts of 2015 (So Far) | Kinetic Vision | Splunk - IT Operations and Business Intelligence | Scoop.it
CIOs and IT leaders are confronted with business and technology change on all sides. It's no surprise then that trends and predictions dominate the top topics.
Lori Eddlemon's insight:

#5 makes a great area.  I think we will continue to see Business Technology replace IT.

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First evolutionary history of 50 years of music charts using big data analysis of sounds

First evolutionary history of 50 years of music charts using big data analysis of sounds | Splunk - IT Operations and Business Intelligence | Scoop.it
Evolutionary biologists and computer scientists have come together study the evolution of pop music.
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F-35 Fighter Jet Gets Splunk Software Support

F-35 Fighter Jet Gets Splunk Software Support | Splunk - IT Operations and Business Intelligence | Scoop.it
‘Flying data centres’ to be kept operationally ready with the help of Splunk Enterprise
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Theranos

Theranos | Splunk - IT Operations and Business Intelligence | Scoop.it
Theranos, Inc. is a consumer healthcare technology company. Theranos' clinical laboratory offers comprehensive laboratory tests from samples as small as a few drops of blood at unprecedented low prices. Founded in 2003 by Elizabeth Holmes, Theranos' mission is to make actionable health information accessible to people everywhere in the world at the time it matters, enabling early detection and intervention of disease, and empowering individuals with information to live the lives they want to live.
Lori Eddlemon's insight:

Time magazine recognizes Theranos CEO Elizabeth Holmes as one of Time 100 titans.  Her work is going to be a game changer in healthcare on a global scale.

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Marimba Open World 2015 - Effect Tech

Marimba Open World 2015 - Effect Tech | Splunk - IT Operations and Business Intelligence | Scoop.it
Register today at Marimba Open World 2015  
Lori Eddlemon's insight:

Hoping to see you in Orlando!  

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Healthcare is about to go virtual

Healthcare is about to go virtual | Splunk - IT Operations and Business Intelligence | Scoop.it

From simulating surgery and training doctors by interacting with virtual patients, to treating phobias and post-traumatic stress disorder through exposure to virtual environments, many experts are singing the technology’s praises, calling it game-changing in the healthcare space.

Lori Eddlemon's insight:

The idea of Virtual Reality to predict the effects of a new drug will be welcomed by all generations.

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CIOs Share How They Are Rebranding IT

CIOs Share How They Are Rebranding IT | Splunk - IT Operations and Business Intelligence | Scoop.it
IT leaders are renaming their departments, changing their job titles, creating mission statements, and more to communicate what they do for the business.
Lori Eddlemon's insight:
I'm seeing more rebranding efforts.
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How Productive Failure Leads to Better Learning 

How Productive Failure Leads to Better Learning  | Splunk - IT Operations and Business Intelligence | Scoop.it
Do you know that sinking feeling when you look at what you’ve created and think your work totally sucks? When you’re learning a new skill, you need to realize that giving yourself permission to be terrible—for a while—will eventually foster better learning.
Lori Eddlemon's insight:

Thank you Courtney for this post.  I feel fortunate that so many leaders and peers allowed me to take risks.  Together we enjoyed minor and major successes and we always enjoyed a good laugh.  I've learned the most from the failures. Together as a team we adjusted and moved on to to another success.  I encourage you to take a moment today and reflect on a Productive Failure - it probably helped you with a  success you will achieve today!

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'The fog' is the next revolution in computing and it will change the nature of industry and work forever

'The fog' is the next revolution in computing and it will change the nature of industry and work forever | Splunk - IT Operations and Business Intelligence | Scoop.it
Lori Eddlemon's insight:

It's hard to know if this is the next wave or if we are already behind.  I appreciate the young boys observation - if there are people, there must be internet.  

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IT Transformation Trifecta

IT Transformation Trifecta | Splunk - IT Operations and Business Intelligence | Scoop.it
For an IT transformation to work, IT’s old image must evolve in the minds of IT leaders, the IT staff, and the C-suite alike, says Joe Topinka.
Lori Eddlemon's insight:

A nice piece by Joe Topinka to drive your IT organization as a business peer.

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The Company Cultures That Help (or Hinder) Digital Transformation

The five toughest obstacles.
Lori Eddlemon's insight:

A good read.

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Changing paradigm of Big Data Ecosystem- Service to Data Lake to Data Refinery..

Changing paradigm of  Big Data Ecosystem- Service to Data Lake to Data Refinery.. | Splunk - IT Operations and Business Intelligence | Scoop.it
Been through a couple of webinars on  Oracle , Microsoft and  top niche vendors stacks including  pentaho . Some  highlights for all. Cloud is  consumption model and no more a technology model  as  perceived by Key decision makers . IT  becomes an agile service broker  or even fades away.  Big Data adding a  layer  for  IoT  which means cloud is starting point  -Microsoft Example   APi’s becoming  digital  glue while digital convergence erodes boundaries . Digital  experience delivery makes or breaks  firms (  As per verdict from all  GSI IoT Leads) . Sensors and  devices draw ecosystems toget
Lori Eddlemon's insight:

Nice consolidation Sandeep.

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RBC Innovation Starts With Principles, Not Tech

RBC Innovation Starts With Principles, Not Tech | Splunk - IT Operations and Business Intelligence | Scoop.it
Royal Bank of Canada arguably leads its market in technology innovation, having been first with Mondex phone payments in the 1980s, then introduced chip and pin, contactless, and peer payments before the label fintech was ever coined. “Customers don’t demand tech as much as experiences,” explained Linda Mantia, EVP Digital, Payments [...]
Lori Eddlemon's insight:

This is a good article and reminder of the customer experience.

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IBM Takes Vertical Leap in Predictive Analytics

IBM Takes Vertical Leap in Predictive Analytics | Splunk - IT Operations and Business Intelligence | Scoop.it
RT @IBMServiceMgmt: IBM Takes Vertical Leap in Predictive Analytics http://t.co/GYSPvSPKYM via @cmswire #ITOA
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Big Data: The Amazing Numbers in 2015

Big Data: The Amazing Numbers in 2015 | Splunk - IT Operations and Business Intelligence | Scoop.it
Big data is growing — in fact, the sector is growing so fast and we are producing data so voraciously, that no one can afford to ignore it as a “fad” any more.And, it’s going to affect all companies, large and small, across all segments of the market — from healthcare to public safety, and retail to wholesale.Big data is changing the world as we know it. If you don’t believe me, check out some of these (frankly staggering) statistics:
60% One study suggests that retailers who fully leverage the
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How the Cloud Targets Meaningful Use Requirements

How the Cloud Targets Meaningful Use Requirements | Splunk - IT Operations and Business Intelligence | Scoop.it
The medical sector is geared toward adopting EHR systems and enhancing data exchange among hospitals and physician practices in order to improve care, lower costs, more » The post How the Cloud Targets Meaningful Use Requirements appeared first on...
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Big Data Game Changer: Federation Business Data Lake |EMC

Big Data Game Changer: Federation Business Data Lake |EMC | Splunk - IT Operations and Business Intelligence | Scoop.it
EMC Advances Federation Data Lake with Pivotal and Announces Addition of Third-Party Technologies into Leading Big Data Solution.
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2015 ITOA Predictions

2015 ITOA Predictions | Splunk - IT Operations and Business Intelligence | Scoop.it
Insightful and bold predictions on how IT Operations Analytics (ITOA) will emerge and impact organizations in 2015
Lori Eddlemon's insight:

Service-Aligned operations is taking front and center in our engagements.   I see BSM and ITSM initiatives delivering value to the business with actionable operational insights like never before. It's going to be a year where organizations take a giant step forward.

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