Consolidations In Data Governance Tooling Are Emphasizing DG importance For Future Data Usages

Henry Peyret

While data governance has been a business need for years, it is becoming more visible as a center-stage business concern. Driving this shift are new regulations and new requirements addressing consumer data ownership, privacy, and business data monetization. Two of the most important regulations are the European General Data Protection Regulation (GDPR), and the Basel Committee on Banking Supervision regulation 239 (BCBS 239). Forrester recognized this change three years ago when we described the evolution of data governance away from “data  input  quality” toward “data usage,” which we call data governance 2.0. Some emerging data governance solution vendors, like Collibra and GDE, have moved aggressively to address the new requirements of data governance 2.0. However, larger established vendors like IBM, Informatica, SAS, and SAP have moved more slowly, instead prioritizing investments in developing a platform supporting systems of insight.

Two recently announced acquisitions demonstrate that the larger established vendors now recognize the need for renewed data governance offerings:

  • Informatica’s purchase of the Diaku Axon platform. Announced on February 22, the acquisition of the Diaku Axon platform adds business-oriented capabilities like vertical knowledge (finance) and support of regulations such as GDPR and BCBS 239 to Informatica’s current data governance execution capabilities (DQ, MDM, security/masking).
Read more

The 2017 Enterprise Architecture Awards: Driving The Customer-obsessed Digital Business

Alex Cullen

Just about every company Forrester works with tells us they are driving to become Digital Businesses.  But not just ‘digital’ as a technology imperative – they are investing in digital to dramatically change how they serve their customers – with target benefits rippling over to customer retention and acquisition.  We call this focus Customer-obsessed Digital Business. 

There are four critical success factors for customer-obsessed digital business:

  • They are customer-led. Their customers – what they value and how to best serve their needs — are the center of business strategy and their operating model.
  • They are insight-driven.  Decisions — both the day-to-day operational as well as the strategic — are based on deep insights into their customers, markets, and the broader ecosystem.
  • They move fast.  They use speed to continually evolve how they   go to market and serve their customers. They balance opportunity — which must be responded to quickly — with caution — a desire  to ‘be perfect  out of the gate’.
  • They are connected.   They break down silos so as to have a shared understanding of business goals, and use a multi-discipline approach executing on strategy. 
Read more

I'm Starting An Insight Platforms-as-a-service Wave - Who Should Be Included?

Brian  Hopkins

Technology buyers have made it clear to us they want platforms for building data analytics applications. I call these insight platforms, and they were the No. 1 emerging technology of interest for enterprise architects in 2016.  Understanding why is easy — insight platforms provide a common toolset and a place to run what you have built. They accelerate both time-to-value and agility, which are crucially important for keeping up with markets and customers. See Tame The Beast: Forrester's Insight Platform Vendor Landscape and Want To Create Action From Big Data? Look At Enterprise Insight Platform Suites for more information.

Since using more public cloud is the No .1 big data priority, according to our 2016 survey of 3,000+ data and analytics decision makers, Insight Platforms-as-a-Service are next on my Forrester Wave™ agenda. We define Insight Platforms-as-a-service at multitenant platform-as-a-service cloud offerings that include tools for data management, several types of analytics and technology that help firms operationalize insight in other software and processes.

I already know the biggest players - Google, Amazon, Microsoft, IBM and Oracle - but I’m also looking for other providers who want to give them a run for their money. Who else I should look at? For example, should I include:

  • Business service providers like FICO? They can lay claim to having an insight PaaS, and they definitely want a piece of Amazon’s cloud business.
Read more

Master The Cloud-Native Solution Ecosystem Of Container Software

Charlie Dai

Container technologies allow enterprises to create highly differentiated apps and services faster, with better quality and geographic reach, to create compelling customer experiences. They have quickly become an important element of digital business transformation for EA pros because they promise faster software delivery, tremendous scale, higher resiliency, greater flexibility, and broader implementation options. Everything about enterprise app infrastructures, development styles, and architectures is changing, and containers play a key role in each area.

However, Forrester’s TechRadar™ for business technology infrastructure found that containers and container management technologies are still in the Creation stage, meaning that some container components and management tools are immature and changing quickly. Companies must navigate a complex landscape of technology components to build, package, and deploy containers. To help tech management pros accelerate cloud evolution, I’ve recently published a report with Dave Bartoletti focusing on the software landscape for each layer in a typical container management software architecture. Some of the key takeaways:

Read more

Confusion And Vendor Adolescence Stalls AI Innovation In Financial Services

Craig Le Clair

 

AI is a hot topic in financial services. And its easy to see why. Increasing margins on transactions, decimated by compliance costs and low interest rates, reaching new market segments, and automating routine tasks, makes AI innovation attractive. And in one sense, FinServ has always been about algorithmic innovation. There is no higher potential ROI than beating the market. Advanced analytics for program trading have been banging away at this goal for decades, with a rich base of advances.

Read more

Do EA Tools Enable EA Pros To Deliver Value To Their Stakeholders?

Gordon Barnett

As enterprise architecture (EA) practices mature and the demand for EA services grows, interest in enterprise architecture management suites (EAMS) continues to also grow. A lot has happened to the EAMS market since the September 2015 Forrester EAMS Wave, from divestures by certain major players (e.g., IBM) to takeovers (Planview of Troux, Erwin of Casewise). Before making a choice of EAMS tool, EA leaders need to take a step back and assess how they can demonstrate value, and then select the most appropriate toolset.

In Forrester’s most recent research, we have identified that although there are approximately 60 EAMS tools vendors, they can be categorized as follows:

·         Architecture modeling tools (AM). Vendors in this category aim to capture the architectural landscape and the relationships between them.

·         Technology asset management tools (TAM). This is a further evolution of the AM tools and includes additional functionality that is typically found in CMDB type solutions, but it also includes the management of technology projects.

·         IT portfolio management tools (ITPM). This category of tools is less focused on the asset management and more in line with capturing technology strategy, the associated target architecture state, and the portfolio that will deliver the strategic objectives. Additionally, there will be significant features to enable investment decisions to be made and portfolio scenarios to be analyzed.

Read more

Categories:

Want To Create Action From Big Data? Look At Enterprise Insight Platform Suites

Brian  Hopkins

By now firms are deep into their big data investments — and frustrated. Too many new and rapidly evolving technologies are built on an open source and named after a bunch of zoo animals. The term insight platform has struck a chord with technology buyers exactly because it offers a path out of this mess. In fact, insight platform was the number-one emerging technology in terms of investment and interest in Forrester’s Q3 2016 Global State Of Enterprise Architecture And Portfolio Management Online Survey.

What exactly is an insight platform though? I introduced the term in my May blog post Insight Platforms Have Arrived and then refined it and explained the vendor landscape in my August post Tame The Beast: Forrester’s Insight Platform Vendor Landscape. Over the last few months, we have been conducting a Forrester Wave™ evaluation of the most mature segment of the market, enterprise insight platform suites, which are:

“…Integrated or partially integrated suites of data management, analytics, and insight execution components that require some integration and configuration to form a platform.”

Read more

China’s Cybersecurity Law Challenges Foreign Companies To Accelerate Their Digital Transformation

Charlie Dai

On November 7, China’s top legislature adopted a cybersecurity law to safeguard the sovereignty on cyberspace, national security, and the rights of citizens. The law has seven chapters that define specific regulations in various areas, such as network operational security (including key IT infrastructure), network information security, monitoring, alerting, and emergency situation handling as well as related legal responsibilities.

Some critics, especially those in Europe and the United States, continue to read too much into the negative impact of this legislation. I believe that it’s the reasonable move for the Chinese government to make in order to balance national security, citizen privacy, and economic openness. Foreign players in the Chinese market must revisit their local strategy and accelerate their digital transformation if they don’t want to miss the increasing needs and new opportunities regarding security and privacy:

  • The cybersecurity law has substantial advantages that benefit cybercitizens. For example, for the first time, the Chinese government requires that vendors providing cyberproducts and cyberservices must make clarifications to users and attain their approvals before they collect personal information. The new law also regulates that if companies leak or illegally sell personal information to third parties, they must bear legal responsibilities accordingly. These regulations mark a critical milestone in China’s journey toward personal privacy protection, and they are also important for consumers in the world’s largest market to protect themselves against internet fraud and spam messages.
Read more

Boost Digital Business With The Internet Of Things

Charlie Dai

The rise of mobile networks, improved wireless tech, and rapid sensor innovation over the past 10 years has enabled companies to use internet-connected sensors and actuators to improve business operations and transform products. The ever-increasing number of connected devices is opening up new business models and new opportunities for both tech vendors and end users; as a result, IoT is becoming an essential cornerstone of the business technology agenda. Enterprise architecture professionals must define a holistic IoT software architecture to navigate through the complex technology landscape.

I’ve recently published two reports focusing on how to architect the IoT software stack. These reports analyze the heat maps and trends around IoT adoption in China and introduce Forrester’s IoT technology stack reference architecture. They also show EA pros how to achieve strategic business outcomes and unleash the power of digital business by analyzing the IoT practices of visionary Chinese firms. Some of the key takeaways:

  • Successful IoT initiatives yield substantial business value. Outstanding IoT initiatives achieves strategic outcomes, such as competitive differentiation, customer experience enhancement, and asset performance optimization. Chinese companies have successfully launched IoT initiatives to establish their digital business in various industries, including energy, automotive, logistics, and manufacturing.
Read more

Forrester Predictions: Ten Key Developments In Cloud Computing Shape The Industry In 2017

Charlie Dai

I’m pleased to announce that Forrester’s cloud computing predictions for 2017 published this morning!

Check out Predictions 2017: Customer-Obsessed Enterprises Launch Cloud’s Second Decade. Our cloud team has gathered 10 key developments in cloud computing that will shape this industry in 2017 — and what you should do about them today.

Cloud computing has been the most exciting and disruptive force in the tech market in the last decade, and it will continue to disrupt traditional computing models at least through 2020. Starting in 2017, large enterprises will move to cloud in a big way, and that will supercharge the market. We predict that the influx of enterprise dollars will push the global public cloud market to $236 billion in 2020, up from $146 billion in 2017.

Cloud platforms from the global megacloud providers like Amazon Web Services, Microsoft, IBM, Google, Salesforce, Oracle, CenturyLink, and SAP will set the pace, accelerating adoption of private cloud and hosted private cloud as well. In 2017, you need to:

  • Get your private cloud and SaaS strategy in shape in 2017 — start now!
  • Educate yourself about exciting developments in hyperconverged infrastructure, security, networking, and containers.
  • Take a fresh look at your regional and industry-specific cloud providers — specialization is afoot.
Read more