Welcome!

Java IoT Authors: Elizabeth White, Yeshim Deniz, Pat Romanski, Liz McMillan, Paul Simmons

Related Topics: @CloudExpo, Java IoT, Microservices Expo, @DXWorldExpo

@CloudExpo: Blog Post

Driving IT Innovation in the Mid-Market | @CloudExpo [#Cloud]

Continuous innovation is necessary for long-term viability and survival

Five Considerations for Driving IT Innovation in the Mid-Market

Recent studies have shown that over two thirds of CIOs have difficulty balancing the time and resources needed in order to drive both business innovation and operational excellence. IT services teams in mid-sized organizations have so much to do that it's difficult to prioritize. Maintaining existing operational effectiveness takes a significant portion of the available resources. Add to that new IT projects and upgrades and it becomes even more difficult to participate in business innovation efforts. Once you add the support of new technologies such as cloud services, mobile device management and BYOD, as well as ever-present security threats, it quickly becomes clear why it's so hard to find any balance between operational excellence and innovation.

One approach to addressing the countless issues faced by CIOs is to create a business growth strategy in which IT can take a leading role. With growth, budgets are more likely to expand. Growth also creates individual opportunities. Yet, with constrained resources, is it realistic to suppose that IT can take a leadership role on business innovation? Do IT team members know enough about the business?

Here are five factors mid-market CIOs need to consider before taking on innovation responsibilities.

1. Innovation is a process not an event. Look at any growing start-up and you'll find an innovation process. Successful start-ups invest in innovation by funding both customer research and engineering teams. At a minimum, they have product management resources to focus on customer needs and on project management and then design and development resources that focus on product creation. For new business innovation strategies to work, senior management must similarly resource and finance them both. Boot-strapping from existing budgets won't deliver the focus needed for success. Innovation participants will come from existing functions, such as IT, but they must dedicate an appropriate portion of time without impacting their other duties.

2. Success requires an innovation strategy. Occasionally new ideas are created in a single "Eureka!" moment, but that's rare. More likely, ideas come from an unbiased examination of existing approaches, which may become inadequate or uncompetitive as customer needs evolve, new technologies emerge or the marketplace environment changes. Like other company processes, innovation needs careful management to foster continuous improvement, focus, rigor and success. Process management is an area where IT can play a leading role.

3. Innovation requires a team approach. In today's complex business world, it's unlikely that a single person or function can provide all the knowledge necessary for success. Many innovative ideas are generated by marketing and sales or by business functions. But IT has a wealth of knowledge to contribute too. Security, integration, compliance, education, support, project and vendor management, risk management, usability, information quality and management.... the list goes on. By making positive contributions about how innovations can be successfully developed, introduced and managed, IT can play a significant role.

4. Be innovative about innovation. According to PWC's 2013 Innovation Survey, the most innovative companies go well beyond thinking simply about new products and services. They look for breakthrough ideas that can set them apart from the competition, or create new markets or new business models with new and different dynamics. In this kind of environment, IT management's broad understanding of business processes across the organization together with its nonpartisan view of the business can be distinct advantages. Getting to know more about the competition and the customers - from the data that IT stewards - might be more valuable than seeking expertise in how the business currently functions.

5. Optimize for growth. It goes without saying that IT is good at resource optimization. However, many of the actions that IT takes - standardization, protection, limitation - are made precisely because of resource constraints and can prevent innovation and growth potential. Start-ups favor lean development approaches where agility, flexibility and nimbleness are key. IT must both support and enable similar approaches. In addition, the IT team should review its own operations to identify where changes can free up human resources to participate in growth and innovation strategy work. For example by:

  • Investing in fewer comprehensive management tools versus a myriad of discrete point products
  • Developing self-service cloud options and/or by using public cloud services
  • Leveraging third-party resources to off-load routine tasks such as upgrades.

IT budgets in mid-size enterprises will always be constrained, but continuous innovation is necessary for long-term viability and survival. IT has a key role to play and CIOs can help drive innovation strategies by using their teams to enable success.

References

More Stories By Ray Wright

Ray Wright is a high tech industry and marketing expert with over 20 years’ experience marketing to and through MSPs and resellers. His background includes senior marketing roles at Motorola, Cabletron and CA where he focused on the needs of the IT functions at enterprises and SMBs in a wide variety of industry segments. His product responsibilities have included both network and system management solutions, security solutions, tethered, wireless and mobile solutions, and software, hardware and services.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


@ThingsExpo Stories
Most people haven’t heard the word, “gamification,” even though they probably, and perhaps unwittingly, participate in it every day. Gamification is “the process of adding games or game-like elements to something (as a task) so as to encourage participation.” Further, gamification is about bringing game mechanics – rules, constructs, processes, and methods – into the real world in an effort to engage people. In his session at @ThingsExpo, Robert Endo, owner and engagement manager of Intrepid D...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
Michael Maximilien, better known as max or Dr. Max, is a computer scientist with IBM. At IBM Research Triangle Park, he was a principal engineer for the worldwide industry point-of-sale standard: JavaPOS. At IBM Research, some highlights include pioneering research on semantic Web services, mashups, and cloud computing, and platform-as-a-service. He joined the IBM Cloud Labs in 2014 and works closely with Pivotal Inc., to help make the Cloud Found the best PaaS.
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution. In his session at @ThingsExpo, Akvelon expert and IoT industry leader Sergey Grebnov provided an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abilit...
In his session at Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to maximize project result...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessio...
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
DXWorldEXPO LLC announced today that the upcoming DXWorldEXPO | CloudEXPO New York event will feature 10 companies from Poland to participate at the "Poland Digital Transformation Pavilion" on November 12-13, 2018.
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...