Application owners / senior-level IT allocate a certain percentage of their
budget to sustaining, enhancing, and transforming their applications. In most
organizations, the largest percentage of the IT spend is on sustaining the
applications or basically "keep the lights on" type of activities, which
leaves little money to enhance them to support business agility and new
business requirements, or transform them to leap frog over the competition.
Organizations that implement a solid data management strategy in support of
their applications can maximize the return from their application
investments. They can lower the cost of sustaining their applications, thus
releasing budget to do what they should be doing, which is supporting the
needs of the business. Innovative CIOs are actually rethinking their
application environments, from just focusing on the application - t... (more)
Any organization that has deployed a business application has experienced the
joy of procuring database licenses. Most database software licensing models
are based on the quantity and type of compute processing cores in the
underlying database server - the more cores in the processor and the more
processors in the server box, the higher the cost of the database software
license. Depending on the application and the business's expectations, the
tolerance threshold for performance can vary. This is typically considered
during the design and testing phases of an application deployme... (more)
Sustaining applications in the most cost-effective and efficient fashion is
the foundation to maximizing a return on data. But it is only the foundation.
Organizations have to move beyond sustaining applications to driving
innovation, and the first step in that progression is learning the best ways
to enhance existing applications and implement new applications that will
help modernize business processes and support business agility.
The challenges around enhancing applications are well agreed upon. The top
challenges include:
Insufficient Data Quality - Data quality issues of on... (more)
Businesses can be transformed, sometimes through new leadership, sometimes
through new market realities or business relationships. But perhaps the
easiest way, for IT at least, to transform the business is by enabling the
business to evolve from a data silo'd organization to a data-centric
enterprise and by unleashing the power of data in new ways.
Of course, easy is a relative term, and there are substantial challenges to
truly transforming a business environment and proactively supporting business
needs through the use of data. These include:
Achieving a Single Source of Truth ... (more)