I recently returned from my seventh annual Boulder BI Brain Trust presentation. The BBBT as everyone likes to call it, is unique in the business intelligence, data and analytics industry.
Since 2006, the BBBT has advanced this industry by organizing half-day vendor presentations to their over 140 members. During these presentations, vendors such as the Cisco’s Data and Analytics organization, update BBBT members on new strategies, evolving technologies, customer adoption and more. In return the vendors get valuable feedback from the BBBT’s global network of analysts, consultants and academics.
Cisco’s Expanded Data and Analytics Portfolio
Mike Flannagan, General Manager of Cisco’s Data and Analytics Business Group, led off this year by identifying four key trends creating new business opportunities for our customers, as well as disrupting their traditional data management approaches.
Increased speed of business and rising customer expectations
Data is the new competitive battlefield
Data is increasingly distributed
Data at the edge volumes are extreme
Mike then discussed the coming together of Cisco’s data and analytics portfolio over the past year in order to comprehensively address these trends. These solutions include:
Cisco Prime Analytics, the former Truviso products.
Cisco Data In Motion, from the TigerMe acquisition.
Cisco Connected Analytics, a set of packaged analytics applications targeted for specific market segments including retail, healthcare, service provider, city infrastructure, call center, and more.
Billions of Devices Generating Even Bigger Data
Following Mike, Jim Green, CTO for Mike’s group, discussed the data and analytic implications that will result as 30 billion additional devices connect over the network within then next five years.
The business outcome and analytics opportunities from these devices are endless. However the data volumes generated will make even today’s big data seem small. And how all these come together in an already complex data landscape is an Internet of Everything challenge everyone will soon face.
Data Virtualization Advances
Kevin Ott, General Manager of the Data Virtualization Business Unit, and I closed out this year’s BBBT with updates on data virtualization market dynamics, customer adoption trends and our product strategy for maintaining product leadership in this increasingly important foundation technology. Join us at Data Virtualization Day on October 1, 2014, in New York City where Cisco, our customers and prominent analysts will share more on these topics. Sign up soon as space is limited. #DVDNYC
Gain a BBBT Insider’s View
Check out these three sources to gain an insider’s view on Cisco’s BBBT presentation:
Listen to Mike Flannagan and Jim Green’s podcast with BBBT co-founder Claudia Imhoff.
Read acknowledged data warehousing pioneer and BBBT member, Barry Devlin’s blog.
Review over 100 tweets from BBBT members by filtering on #BBBT.
To learn more about Cisco Data Virtualization, check out our page.
Every organization needs more from their data centers, such as faster services and data analysis for real-time decision making. The unprecedented expansion of data is a major driver of rapid data center transformation. Consider these statistics:
90% of all data in the world was created in the last three years
Data centers handled 214 exabytes of data per month in 2012 and that is expected to grow to 644 exabytes per month by 2017
Just trying to image 214 exabytes of data is like trying to imagine how much money a trillion is. Bottom line: it is a lot of data!
Given that upward of 70% of what data centers do today is still about processing data, and IT budgets are at best flat, organizations have to become more efficient. They need newer, better ways to process data and deliver data center services, increase application performance and increase operational efficiency.
Cisco understands this problem. The combination of Cisco UCS Director and UCS Invicta allows your organization to deliver services faster, increase application performance and deliver those operational efficiencies everyone is seeking. We created a nice video illustration to explain:
While certainly exciting, buying a new house, can also serve as a revealing exercise in understanding data science.
A couple of weeks ago I went to my bank to investigate my financial options for buying a new house. To my surprise, my account manager gave me a stack of paperwork to fill out—and I soon realized that my bank was already in possession of 90 percent of the information I was being asked to provide. So why was I having to take the time to fill in information the bank already had, or could easily acquire? And more importantly, why couldn’t my account manager quickly access information about my client status and my personal preferences, and immediately provide a tailored offering, decreasing the chance that I would look elsewhere for this service?
Figure 1. Centralized, Decentralized, and Distributed Networks. A distributed, virtualized approach to database management enables quick combination and analysis of large volumes of data—where and when it is needed.
Source: Paul Baran, Rand Corporation.
I wrote in one of my recent blogs about the issues and solutions related to quickly combining data that comes in large volumes by focusing on data virtualization and cloud. This can enable seamless customer interactions and decrease client churn, be it in financial services or in the telecom sector. But what is required at an organizational level so that people, process, data, and things come together to enable a superior customer experience and create entirely new revenue possibilities?
Are you discovering that your data center is having a hard time keeping up with the demand of the business? In today’s consumer-driven world, IT must work in alliance with your overall business strategy—enabling it, not hindering it. But you already knew that.
So what are your options? Start by considering your infrastructure.
Do you update on an “as-needed” basis, investing in technology that meets needs for the moment? Do you rely on physical servers that quickly become overloaded, maybe resulting in the inability to efficiently handle the influx of data coming from mobile devices and concurrent network connections? Traditional data centers weren’t built for the traffic we encounter today.
Your IT infrastructure is your conduit for business success. And, as is usually the case, a sturdy foundation is the first and foremost step in assuring structural support. With the groundwork laid, moving from a physical to a virtual environment is certainly a viable option. Private, public, or hybrid clouds may decrease your data center footprint and associated expenses, allowing you to scale rapidly and respond faster to the needs of the business. But is it secure?
Subscribers also have access to the new special edition, Unleashing IT, Cisco Powered. Learn about our partnerships with industry leaders to provide quality managed IT services, and read about how others are leveraging these services to simplify their cloud management.