Welcome to the rise of the digital enterprise, where vendors and customers engage via applications and data is the new currency. Digital enterprises operate with radically different datanomics than conventional physical businesses. Here, digital information is the business.A successful digital enterprise is constantly updating applications in response to user context, market and environment—all of which is quantified, measured and delivered with data. Everything and everyone is personified by a digital footprint. Learning that the user just bought a new house requires change in recommendation from renters to home insurance. Reduction in price by a competitor or a new promotion needs a fast response. It is increasingly clear that a company’s ability to generate high-quality apps more rapidly is a critical differentiator. Fast is the new big.To read this article in full or to leave a comment, please click here
Welcome to the rise of the digital enterprise, where vendors and customers engage via applications and data is the new currency. Digital enterprises operate with radically different datanomics than conventional physical businesses. Here, digital information is the business.A successful digital enterprise is constantly updating applications in response to user context, market and environment—all of which is quantified, measured and delivered with data. Everything and everyone is personified by a digital footprint. Learning that the user just bought a new house requires change in recommendation from renters to home insurance. Reduction in price by a competitor or a new promotion needs a fast response. It is increasingly clear that a company’s ability to generate high-quality apps more rapidly is a critical differentiator. Fast is the new big.To read this article in full or to leave a comment, please click here
In the previous blog we discussed the concept of Datanomics, the economics of data, and how it has radically evolved with the digital transformation of an enterprise. Value of data is dependent on frequency and speed of access needed to deliver business requirements. Digital enterprises operate with radically different Datanomics than conventional physical businesses. Here, digital information is the business.Yes, that means that there is exponentially more data to store and manage. But it also means a fundamental difference in how that data needs to be stored and managed.To read this article in full or to leave a comment, please click here
The transformation of businesses to digital enterprises was supposed to create an enormous market opportunity for the storage industry.As companies such as Netflix and Rosetta Stone transformed from DVDs and CDs to online data delivery models, their data footprint increased exponentially every year. In fact, digital transformation is increasing the data we store by over 2.5 exabytes every day. That’s equivalent to 530 million songs or 250,000 libraries of congress or 90 years of HD video! Each and every day. 100% growth every year.+ Also on Network World: How the 'digitization of everything' will become a reality +
Conventional wisdom held that all this data needed to be stored somewhere, and the market outlook for the storage industry never looked better. Instead, there has been a rapid commoditization, consolidation and implosion of the storage market over the past three years, culminating in Dell’s acquisition of the market leader, EMC, in September of last year.To read this article in full or to leave a comment, please click here
Ash Ashutosh