Digital Innovation Labs For Customers: Do They Inspire?

Nigel Fenwick

EinsteinMany technology vendors tell me they have established digital innovation labs as a place to bring customers and inspire them. So I was wondering, have you and your leadership team visited such a lab? If so, I'd like to hear from you:

  • What did you like? 
  • What didn't work so well?
  • Were any of your expectations not met?
  • Did your team come away inspired?
  • If so, what did you do differently as a result?
  • What would you like to see more of?

Drop me a confidential note via Twitter @NigelFenwick, LinkedIn or email me (or simply comment below - not confidential).

(If you're a vendor with an innovation lab, send me a factsheet about your lab(s)). 

Thanks.

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Forrester’s FSI Summit In Singapore: Accelerating Digital Business And Innovation In Financial Services

Dane Anderson

A recent Forrester survey found that business leaders in the financial services industry (FSI) saw 34% of revenues in 2015 generated through digital products and services or products sold online. Their expectation is that this digital quotient will surge to more than half of their business by 2020, leading to a digital arms (and capabilities) race against a new breed of competitor. JP Morgan CEO Jamie Dimon accurately sums up the new competitive dynamic when he notes that “there are hundreds of startups with a lot of brains and money working on various alternatives to traditional banking.”

Our inaugural invitation-only summit in Singapore on Friday, April 15 will bring together an intimate group of senior executives from banks, insurance companies, and fintech firms to share Forrester’s latest FSI digital business research and facilitate a discussion with industry leaders. Our team of esteemed analysts will lead the discussion; here is a snapshot of the topics that will be presented on the morning of the summit:

  • Frederic Giron (Vice President and Research Director serving CIOs – Singapore): Accelerating Digital Business In Financial Services
  • Oliwia Berdak (Senior Analyst serving eBusiness and channel strategy professionals – London): How To Organize For Digital Financial Innovation
  • Randy Heffner (Vice President and Principal Analyst serving application development and delivery professionals – Dallas): APIs Take Center Stage In Financial Services
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Forrester’s Security & Risk Spotlight – Jeff Pollard

Stephanie Balaouras

One of the S&R team’s newest additions, Principal Analyst Jeff Pollard comes to Forrester after many years at major security services firms. His research guides client initiatives related to managed security services, security outsourcing, and security economics, and integrating security services into operational workflows, incident response processes, threat intelligence applications, and business requirements. Jeff is already racking up briefings and client inquiries, so get on his schedule while you still can! (As a side note, while incident response is generally not funny, Jeff is. He would be at least a strong 3 seed in a hypothetical Forrester Analyst Laugh-Off tournament. Vegas has approved that seeding.)

Jeff Pollard Image

Prior to joining Forrester, Jeff served as a global architect at Verizon, Dell SecureWorks, and Mandiant, working with the world's largest organizations in financial services, telecommunications, media, and defense. In those roles he helped clients fuse managed security and professional services engagements in security monitoring, security management, red teams, penetration testing, OSINT, forensics, and application security.

 

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Microsoft And Lowe's Announce Augmented Reality Is Coming To Stores

Nigel Fenwick

If you're one of my regular readers, you may remember a post from August 2015 – "The Future Of Retail Is Digital" – in which I highlight key findings from a report on the future of retail experience. One recommendation was that retailers should begin to experiment with augmented and virtual reality technology early, so that potential use cases can be piloted in-store. Well this week, Microsoft announced a partnership with Lowe's to demonstrate the viability of Microsoft's Hololens to help Lowe's customers visualize custom kitchens.

While VR/AR is a long way from widespread market adoption (see this March 16 post by J.P. Gownder), the time needed to pilot and experiment with this technology means tech and CX teams in retailers need to be piloting use cases now in order to figure out what, if any, business impact the technology will have. (See also my comments from CES 2016).

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Reality Check: Virtual Reality Isn’t A Real Market. Yet.

JP Gownder

You’re probably hearing a lot of endless, excessive and short-term virtual reality (VR) hype. For example, at SXSW 2016, a great deal of time and energy is being devoted to VR experiments, new media announcements, and demonstrations. 

The reality? The vast majority of consumers aren’t there yet, don’t know or care about VR, and won’t know or care in 2016 unless they are hardcore gamers. And only a few forward-looking enterprises – digital predators – are experimenting with VR in effective ways today.

At Forrester, we believe that VR will find its place in the pantheon of important computing platforms, eventually reshaping the way workers work, enterprises interact with customers, and consumers perform a variety of tasks. In other words, it's going to be a real market... at some point.

Too many clients think that VR is a platform that they simply must address in 2016. We think that’s premature. Even in the era of hyperadoption, VR must overcome key obstacles to gain mass market status:

  • Need for market education. Most consumers don’t have a deep understanding of VR, nor is there an easy venue for them to learn about it. Retailing represents a challenge: Buyers must experiment with a headset for many minutes to even get sense of what the technology does. In past technology revolutions (smartphones, tablets), the Apple Store played this role… but Apple isn’t in the VR game (yet).
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Observations From Mobile World Congress From A B2B Perspective

Dan Bieler

Photo: Bergman

This year’s big technology themes at Mobile World Congress (MWC) can be summarized as big data, Internet of Things (IoT), 5G, and virtual/augmented reality (VR/AR). These themes will be important for B2B players and especially for revolutionizing customer experiences, optimizing industrial and operational processes, and boosting service enhancements. My recently published report, “Brief: Observations From Mobile World Congress That Will Shape Your B2B Digital Transformation,” summarizes our observations from MWC 2016 and the key takeaways for developing B2B digital transformation strategies. We observed that:

  • The main MWC themes are increasingly intertwined. VR and AR will enhance user experiences on mobile devices and expand mobile moments. Big data will provide context-based, and more relevant, insights and use cases — including for VR and AR solutions.
  • Mobile data is driving digital customer experience. Enterprise apps are increasingly integrated with business processes. In turn, enterprise apps help generate data-derived insights from mobile objects and devices. This will help transcend app silos to generate a single view of the customer who benefits from a better end-to-end user experience.
  • Bigger is not necessarily better. MWC feels near its zenith in terms of visitor numbers and industry impact. In 2016, nearly 101,000 attendees from 204 countries made it to MWC — more than ever. Yet, for business users MWC still falls short of translating mobility into tangible business benefits for digital transformation.
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kCura Puts the CAAT Into The Bag . . . Acquires Long-time Partner Content Analyst Company

Cheryl McKinnon

We've seen another acquisition in the shifting eDiscovery market this week as kCura, the developer of Relativity, announced its acquisition of Content Analyst Company, the brains behind the CAAT analytics engine (kCura’s press release is here). The acquisition is not entirely surprising. kCura has been relying on the CAAT engine to power its analytics offering for eight years. According to kCura, use of its Relativity Analytics offering “has grown by nearly 1,500 percent” since 2011, with more than 70% of current kCura’s customers with licenses.

What does this acquisition mean for kCura, its customers, and Content Analyst Company customers?

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Reflections on my First Year as an IAM Analyst

Merritt Maxim

At the RSA Conference two weeks ago, a common question from both clients and former colleagues -- “So, what’s it like being analyst?” -- led me to write this blog post.

In the interest of full disclosure, there were no massive epiphanies during my first year, but the transition from being on the vendor side for 15+ years to an analyst provided some perspectives, listed here in no specific order:

·         The security industry is massive. Some former colleagues who learned of my new role often joked, “So you’ve gone to the dark side.” The irony is that analysts are actually removed from the penumbra of the four to six competitors that you obsess about when you work for a vendor. Once removed from this tunnel vision, you become more aware of the diversity of the infosecurity ecosystem. As an example, the number of exhibiting vendors at the RSA Conference is up 45% since 2014, to over 550 vendors. This reflects the ongoing vitality and demand for cybersecurity but also presents challenges to today’s security and risk professionals who have to evaluate an increasingly large and dynamic vendor landscape.

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Microsoft's Project Rigel pushes Skype Meeting everywhere

Nick Barber

You don't need a $20,000 computer to collaborate on a Word doc anymore. Microsoft's Project Rigel will bring a Skype Meeting experience to any meeting room with a display or projector. 

Previously the videoconferencing collaboration technology was only available to users of Microsoft Surface Hub, a large screen computer ranging in price from $9,000 to $22,000. 

If you're not familiar with how Surface Hub works or what collaboration with it may look like, here's a video.

Surface Hub married document collaboration, whiteboarding and video conferencing into a single system with the obvious drawback of the initial hardware investment. With wide ranging enterprise implications for AD&D pros, Project Rigel will: 

  • Democratize the technology. Project Rigel lowers the barrier to entry to any meeting room with a display or projector. 
  • Force Windows 10 upgrades. Rigel will only work on machines running Windows 10 so for enterprises that are holding back, this could be the push needed. 
  • Make Office a stronger application for collaboration. Google's suite of productivity apps led the charge in collaboration, making it free and easy co-edit documents, spreadsheets and slideshows. With this announcement, Microsoft could recapture lost market share. 
  • Push hardware investments in Polycom and Logitech. The two VC companies partnered with Microsoft and certified elements of their portfolios to work with Project Rigel. These include the Polycom RealPresence Trio and CX5100 and Logitech ConferenceCam Connect, ConferenceCam GROUP and PTZ Pro Camera. 
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Continuing Trend Of Data Exploration - Tableau Closes One Of The Remaining Gaps In Its Portfolio, Acquires HyPer

Boris Evelson
One of the reasons for only a portion of enterprise and external (about a third of structured and a quarter of unstructured -) data being available for insights is a restrictive architecture of SQL databases. In SQL databases data and metadata (data models, aka schemas) are tightly bound and inseparable (aka early binding, schema on write). Changing the model often requires at best just rebuilding an index or an aggregate, at worst - reloading entire columns and tables. Therefore many analysts start their work from data sets based on these tightly bound models, where DBAs and data architects have already built business requirements (that may be outdated or incomplete)  into the models. Thus the data delivered to the end-users already contains inherent biases, which are opaque to the user and can  strongly influence their analysis. As part of the natural evolution of Business Intelligence (BI) platforms data exploration now addresses this challenge. How? BI pros can now take advantage of ALL raw data available in their enterprises by:
 
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