Forrester Blogs For Business Technology Professionals
This is a roll-up of all Forrester blogs written for Business Technology Professionals. Role-specific blogs are listed below. Visit Forrester.com to learn how we make Business Technology Professionals successful every day.
In its complaint, the SEC alleges that, “Madoff and his lieutenant Frank DiPascali, Jr., routinely asked (Jerome) O'Hara and (George) Perez for their help in creating records that, among other things, combined actual positions and activity from... market-making and proprietary trading businesses with the fictional balances maintained in investor accounts.”
The SEC further alleges that O’Hara and Perez tried to cover their tracks by deleting hundreds of files, withdrew hundreds of thousands of dollars from their investments through the company, told Madoff they wanted to stop helping him, and then accepted larger salaries and substantial bonuses for their promise to keep quiet.
It will be interesting to watch this case unfold. I was hoping it would get into issues of whether the IT professionals were considered just uninvolved support staff or key participants in the scheme. Considering the evidence SEC claims to have, I don’t think we’ll hear those arguments in this case, but keep an eye out for how the defense comes together. Fraud prevention is a growing area of concern for government, health care, insurance, financial services, and other industries... which means we could be seeing more cases questioning the responsibility of IT to identify and/or prevent such issues.
Our latest featured podcast is Bill Band's "The Top 19 Customer Management Technologies To Watch".
In this podcast, BP&A Vice President and Principal Analyst Bill Band describes what technologies comprise the customer management applications ecosystem, and which ones offer the most value based on Forrester’s most recent research.
We look forward to your questions and comments.
Subscribe to Business Process & Applications podcasts through iTunes.
Each year for the past three years I've analyzed and written on the state of enterprise disaster recovery preparedness. I've seen a definite improvement in overall DR preparedness during these past three years. Most enterprises do have some kind of recovery data center, enterprises often use an internal or colocated recovery data center to support advanced DR solutions such as replication and more "active-active" data center configurations and finally, the distance between data centers is increasing. As much as things have improved, there is still a lot more room for improvement not just in advanced technology adoption but also in DR process management. I typically find that very few enterprises are both technically sophisticated and good at managing DR as an on-going process.
When it comes to DR planning and process management, there are a number of standards including the British Standard for IT Service Continuity Management (BS 25777), other country standards and even industry specific standards. British Standards have a history of evolving into ISO standards and there has already been widespread acceptance of BS 25777 as well as BS 25999 (the business continuity version). No matter which standard you follow, I don’t think you can go drastically wrong. DR planning best practices have been well defined for years and there is a lot of commonality in these standards. They will all recommend:
I'd like to drill into some more details on my BI SaaS blog from September 2009. A key critical point to "what differentiates one BI SaaS vendor from another" discussion is what really constitutes multi-tenant architecture. Here are some initiall thoughts to stimulate the discussion:
DBMS. There's got to be back end, DBMS architecture that allows for one of the following:
Automatically generate a separate DBMS instance for each client
Use same DBMS instance for multiple clients, but automatically generate a set of unique tables for each client
Use same DBMS instance and tables for multiple clients, but automatically assign unique keys to to each client so that they can only update and retrieve their own rows
Application. Similar functionality has to exist in the application tier:
Automatically connect to the appropriate, client specific DBMS instance, or
Automatically use views that only point to client specific tables, or
Append "where" clause to each SQL statement to only retrieve client specific rows
The thing is, I wonder how many CIOs see themselves as social evangelists. You’re a CIO...
Are you on Twitter?
Do you have a full profile on LinkedIn?
How about Facebook?
Do you understand how your marketing organization is leveraging social media?
Do you have a role as social advocate in the organization?
I believe one important role of the CIO is to help peers in the business to better understand just how transformational social media can be to helping increase growth and/or drive productivity to improve the bottom line.