Posts Tagged ‘Information Week’

Announcing The Constellation SuperNova Awards

THE GENESIS

Today, we announce an award that celebrates and recognizes leaders who have overcome the odds to successfully apply emerging and disruptive technologies for their organizations.

In Search of Protostars

Most award programs recognize the technology suppliers for their advancements in the market.  Few, if any programs, have recognized individuals for their courage in battling the odds to effect change in their organization.  The Constellation SuperNova Awards celebrate the explorers, the pioneers, and the unsung heroes who successfully put new technologies to work.  More importantly, these leaders have created disruptions in their market.

“Applying technology innovation to effect business results requires exceptional organizational leadership and teamwork. It is not enough to simply implement the technology. To ensure success, these leaders had to build buy-in relationships across all levels of the organization – appealing to rational and emotional senses – as well as make tough calls in system delivery to make change easier”, noted Amy Wilson, Vice-President and Principal Analyst, Constellation Research, Inc.

An all star cast of judges will identify applicants who embody the human spirit to innovate, overcome adversity, and successfully deliver market changing approaches.  Applicants will be subjected to a vigorous set of criteria that reflect real-world and pragmatic experience.  Semifinalists will be selected in five categories: social business, mobile enterprise, cloud computing, advanced analytics, and emerging technologies.

“Innovation is the life blood of businesses. We need to celebrate those pioneers who are able to see what the others don’t, who are willing to invest their time and energy while others don’t dare to, and whose passion inspires us all to look innovation in the eyes, embrace it and become innovators.” said Paul Papadimitriou, Vice-President and Principal Analyst, Constellation Research, Inc.” said Paul Papadimitriou, Vice-President and Principal Analyst, Constellation Research, Inc.

THE DETAILS

Twitter: @SuperNovaAwards
Website: www.supernovaawards.com (Not Up Yet)

Time Lines
June 6, 2011 – First day of submissions
July 31, 2011 – Last day of submissions
August 15, 2011 – Protostars (semi-finalists) announced
November 4th, 2011 – SuperNovas (finalists) announced

All Star Judging Panel
Our judging panel comes from the best of the best.  We’ve mixed an esteemed group of media professionals and industry experts with our analysts.  Judges have agreed to volunteer their time in the evaluation of the submissions.  The 2011 judging panel includes:

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Research Report: How The Five Pillars Of Consumer Tech Influence Enterprise Innovation

Most Enterprise Software Vendors Fail To Deliver Innovation

Despite hundreds of billions wasted on failed research and development projects, most market influencers would agree that enterprise software vendors have produced a dearth of innovation over the past decade.  Vendors often cite UI re-skins, major functionality additions, integration of acquisitions, technology re-platforms, and weak attempts at faking cloud computing as innovations.  In fact, let’s call it what it is.  Only a handful of enterprise software vendors have truly innovated.   Many enterprise software vendors are fast followers.  Most are innovation laggards living off fat maintenance revenue streams.  Ask any product strategist where they gain their inspiration and they will all cite advancements in consumer technology; and not peer enterprise competitors.

Innovative Enterprises Push Forward Mostly On Their Own

During this year’s Information Week 500 event, conversations with over 50 leading business technology leaders highlighted the growing gap in innovation.  These next gen leaders demonstrated how they were turning to consumer tech advancements to influence their custom development efforts; and/or seeking emerging vendors with innovative offerings.

For example, Bill Martin, the CIO of Royal Caribbean showed how design thinking coupled with real-time analytics and on-board mobility could improve the cruise experience on the largest ship ever built.  Shawn Kleim, Director of Development at WetSeal, provided proof points on mobility and social convergence in driving retail sales and eCommerce in the highly competitive teen apparel market.  Dave Bent, Senior VP of eBusiness services and CIO of United Stationers, proved how a company could deliver cloud services to partners and create competitive advantage across a value chain.

A number of CIO’s showcased how they were taking advantage of the cloud with SaaS apps and private clouds. Others discussed their efforts to optimize costs using third party maintenance to pay for innovation.  The common lessons learned – most did not expect to gain market advantage from their existing and legacy vendors.  Innovations came from the consumer tech side and next generation solution providers.  Consumer tech advancements influenced business driven technology advancements.

Software And Tech Vendors Rush To Incorporate The Five Pillars Of Consumer Tech

Ten elements drive key design points for next generation apps.  These design points showcase how advancements in consumer tech now permeate the enterprise.  Design thinking concepts drive dynamic user experiences, business process focus, and community connectedness.  Based on existing research, deep dives into major vendor road maps, and validation with clients, five pillars of consumer tech have emerged as the foundation for future inspiration in the enterprise (see Figure 1):

Figure 1.  Five Pillars Of Consumer Tech Will Influence Enterprise Software Throughout The Next Decade

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Monday’s Musings: The Hidden Value In SaaS Deployments

Gains In SaaS Adoption Driven By Speed And Cost Savings…

Preliminary data from Q4 earnings data show continued traction among SaaS solutions.  Expect SaaS deployments to gain steam in 2010 as organizations finalize their SaaS apps strategies to take advantage of 7 key benefits:

  1. Richer user experience – SaaS apps bring Web 2.0 usability to the enterprise world through rich internet applications using Adobe Air, HTML 5, Microsoft Silverlight, and other tools.
  2. Rapid implementation – SaaS applications focus on configuration and integration, not hard core implementation.  Users can be up in weeks, not months.
  3. Frequent cycles of innovation - At present, most vendors introduce new functionality, enhancements, and bug fixes on frequent refresh cycles.  Some vendors provide as frequent as weekly updates, others – seasonal.
  4. Minimal upgrade hassles – Users focus on minimal testing scenarios and receive updates all at once.  In applications with significant regulatory and tax updates, SaaS applications reduce the cost of compliance by as much as 77%.
  5. Always on deployment – Organizations can expect average up-time levels at 99.95% or higher for most applications.  These results often exceed existing on-premise performance.
  6. Subscription pricing – Subscription pricing reduces the capital burden of common on-premise payment models.
  7. Scalability – Organizations can add or subtract users as needed without worrying about procuring new hardware and other infrastructure.

Moreover, latest Information Week Analytics survey reaffirms several key benefits of SaaS adoption – time to market and cost savings (see Figure 1).

Figure 1. Information Week Analytics Survey Confirms Trends In Adoption

Information Week Analytics 2010 SaaS survey

…Yet, Aggregated Information Provides The Differentiated Value To Clients

Despite the obvious benefits with SaaS deployments, three hidden advantages will emerge with market maturity:

  • Benchmarking. SaaS vendors sit on a tremendous treasure trove of data.  Participating organizations could opt-in to share secure and masked information for the purposes of business optimization.
  • Trending. Organizations could also opt-in to identify larger market trends.  Trending information could be used to help organizations with planning.
  • Prediction. More sophisticated organizations will take SaaS vendor trending data and design new algorithms to support predictive analytics.  The richness and consistency of the data set will improve accuracy.

The Bottom Line For SaaS Vendors – Create Additional Value As An Information Broker

The end game for SaaS vendors may not be a re-creation of the on-premise world in the Cloud.  In fact, those vendors with a true multi-tenant SaaS model may turn out to find additional revenue streams as information brokers.  Expect demand for premium information-on-demand services to begin with benchmarking and evolve to prediction.  For example, imagine the benefits gained by organizations who consume the latest buying behavior data from their CRM vendors.  Organizations could turn to HCM vendors for geographical salary or hiring trends.  Customers of financial vendors could better predict credit risk factors.  A key requirement – customers must trust their SaaS vendor’s data ownership and privacy policies before the industry makes this transformation.  With acceptance, vendors will have more reasons to move to a SaaS offense.

The Bottom Line For Organizations – Determine Your Data Rights Before You Sign The Contract

Organizations in SaaS deployments will want to preserve the their data rights and minimize their cost structures to consume aggregated information.  A few key areas should be considered:

  • Data usage. Organizations generally assume that the data belongs to the organization while the software belongs to the SaaS vendor.  To be safe, organizations will want to be clear that rights to use data will require an organization’s permission.  In addition, the disposition of data should be made clear
  • Data access. Organizations should expect unhindered access to raw data, queries, and extraction.  Access to data should not require additional fees.
  • Aggregated data cost. Organizations participating in aggregated data programs should be given preferential treatment not only in cost, but also access to data.  The cost of this “stone soup” approach should be factored in pricing.

Your POV

Where are you in your SaaS deployment?   Have you thought about these long-term benefits? Looking for assistance with crafting, validating, or reviewing your SaaS Apps Strategy?  Do you have a different point of view? Please post or send on to rwang0 at gmail dot com or r at softwareinsider dot org and we’ll keep your anonymity.

Other Useful SaaS Strategy Links

20091222 Tuesday’s Tip: 10 Cloud and SaaS Apps Strategies For 2010

20091012 Research Report: Customer Bill of Rights – Software-as-a Service

20090602 Tuesday’s Tip: Now’s The Time To Consider SaaS Software Escrows

20081028 Tuesday’s Tip: SaaS – Integration Advice

20090714 Sandhill.com – R ‘Ray’ Wang – “Opinion: Moving to a SaaS Offensive”

20070903 Trends: What’s all the fuss about True SaaS, OnDemand, Hosting?

20091208 Tuesday’s Tip: 2010 Apps Strategies Should Start With Business Value

20091109 Monday’s Musings: SaaS, SOA, Integration and How To Make A Peanut Butter And Jelly Sandwich In The Cloud

Copyright © 2010 R Wang and Insider Associates, LLC. All rights reserved.

Event Report: 2009 Information Week 500

Insight From This Year’s IW 500 Shows Shifting Role Of The CIO And Technology Adoption

VIP cocktail reception at the IW 500Information Week 500 Gala Awards Dinner Information Week 500 Gala Awards - St. Regis, Monarch Beach, CAInformation Week 500 Awards Ceremony - St Regis, monarch beach, Rob Preston Up Close and Personal - Information Week 500-Information Week 250 Wall of Fame - St. Regis, Monarch Beach, CA

(Source: R Wang & Software Insider POV, Copyright © 2009  All rights reserved.)

Lots of lessons learned amidst the celebration of the leading innovators in IT at the Information Week 500.  In conversations with CIOs these past days, a few trends have emerged:

  • Companies less loyal to existing investments and vendors. Because budgets remain tight and drive most investment priorities, CIO’s are now open to new ideas that reduce operating costs — even if this means replacing existing investments.  CIO’s and IT leaders no longer hesitant to move away from established investments.  Conversations with a IW500 financial services CIO put it quite clear, “I don’t care how long we’ve used the stuff.  If it’s cheaper, I’m open to it.  Better and faster would be nice too”
  • Economic conditions put SaaS and cloud computing top of mind. CIO’s and IT leaders find new service offerings with faster deployment times, lower operating costs, or significant impact to the business users more attractive .  The adoption and interest has past the tipping point.   As one IW500 manufacturing CIO put it, “All the new stuff is going to be on SaaS.  The business wants it and we embrace it, even when our existing vendors tell us they will build that in the future.  We don’t have time to wait”
  • Realization that the CIO role continues to evolve. SaaS adoption now allows employees and business units make decisions on their own.  CIO’s must still find ways to secure these applications and ensure seamless integration.  Some CIO’s seek a single integrated approach, but most realize that their role has changed. A IW500 pharma CIO notes,” My role has changed from large ERP implementations or enterprise wide SOA to more vendor management, hybrid integration, and application development.”

Your POV
What are your organizations doing? Are you seeing similar trends?  Post your comment here or reach me direct at r at altimetergroup dot com or r at softwareinsider dot org.

Copyright © 2009 R Wang. All rights reserved.

Speaking Engagement: Information Week 500 – Navigating The Board Room – What do you bring to The table?

IW 500 Navigating the Board Room

Title: Industry Event: Information Week 500 – Navigating The Board Room – What do you bring to The table?
Location: The St. Regis, Monarch Beach, Dana Point, California
Start Date: 2009-09-13
End Date: 2009-09-15
Link out: Click here
Description:

Business technology executives must sit at the center of corporate decision-making, especially in today’s economic climate. That means building tighter relationships not only with the CEO, but also with top executives in finance, sales, marketing, international, legal, business development, and HR, as well as directly with customers. Your career and your company’s future are on the line.

At the 2009 InformationWeek 500 Conference, C-level executives from leading global companies will meet to discuss how they’re delivering on the most critical business priorities of the day. The conference will feature sessions on:

* Mapping IT strategy and investment to the CEO agenda
* Cultivating, sponsoring, and driving innovation
* Viewing your role from a global perspective
* Working with the board on e-discovery and other pressing governance issues
* Speaking the language of operations, sales, finance, HR, and other key departments
* Preparing the next-generation tech workforce

Unveiling of the 2009 InformationWeek 500 Rankings – The Very Best Business Technology Innovators
Be there Tuesday, September 15, 2009 as we celebrate the 500 most innovative users of business technology at the InformationWeek 500 Conference and Gala Awards. The conference represents a unique opportunity to meet and interact with the most respected and recognized executives in the field. The best of the best attend InformationWeek 500 Conferences, including executives from Harrah’s Entertainment, FedEx Corp, Wells Fargo, Eastern Mountain Sports, Adidas Group, Tiffany & Co, and GM.

Network with hundreds of executives from InformationWeek 500 ranked companies. Gain practical insight and advice from the most innovative business technology executives in the world – and get realistic solutions to your own IT challenges from innovators in your own industry.

Join us at the annual InformationWeek 500 Conference for two and a half days of inspiring sessions, innovative strategies, stimulating dialogue, and unrivaled networking opportunities.

Tuesday, September 15, 2009

12:30 am – 1:45 pm
Pacific Ballroom Keynote Luncheon: The Future Of Software
Luncheon Host: HP Software And Solutions

For many years, the traditional model of on-premises enterprise applications allowed companies to manage their expanding operations via ERP, synchronize their supply chains, engage more effectively with customers, and administer their workforces more effectively and at lower costs. At the same time, however, that model brought a voracious appetite for resources, training, administration, and precious IT budget dollars swallowed by 22% annual maintenance fees. Over the last several years, as the pace of global business has accelerated and IT has moved from the back office to front-office engagement with customers, cracks in the traditional model have appeared as alternative providers with alternative approaches to enterprise software have begun winning the wallets of CIOs. In this luncheon session, we’ll chat with the leaders of some of those new-wave companies and a renowned enterprise applications analyst to understand the value propositions of these new models, their limitations, and their impact on the traditional on-premises model that has dominated the scene for the past couple of decades.

Panelists:

* Aneel Bhusri, Co-Founder & President, Workday
* Christopher Lochhead, Senior Strategy Advisor, SuccessFactors, & former CMO, Mercury Software
* R “Ray” Wang, Partner, Altimeter Group


Moderator:

Bob Evans, Senior VP & Global CIO Director, InformationWeek

Register