Information technology professionals predict that mobile and cloud computing will emerge as the most in-demand platforms for software application development and IT delivery over the next five years, according to a new survey.
More than half of all IT professionals -- 55 percent -- expect mobile software application development for devices such as iPhone and Android, and even tablet PCs like iPad and PlayBook, will surpass application development on all other traditional computing platforms by 2015.
With the proliferation of these mobile devices, industry analysts are predicting mobile applications sales will undergo massive growth over the next three years, with estimates of mobile application revenues expanding from $6.2 billion this year to nearly $30 billion by 2013.
Additional survey findings:
-- 91 percent anticipate cloud computing will overtake on-premise computing as the primary way organizations acquire IT over the next five years
-- Mobile and cloud computing are followed by social media, business analytics and industry-specific technologies as the hottest IT career opportunities beginning in 2011
-- 90 percent believe it is important to possess vertical industry-specific skills for their jobs, yet 63 percent admit they are lacking the industry knowledge needed to remain competitive
-- Telecommunications, financial services, healthcare, and energy and utilities rank as the top four industries in which respondents identify as having the greatest opportunity to expand their careers.
Comment from Jim Corgel, general manager, IBM Independent Software Vendors and Developer Relations: To best understand where enterprise technology is headed, one must pay attention to those who have a pulse on market demands - the developers and IT specialists responding to these demands and creating the next generation of business applications. These survey results clearly demonstrate that IT professionals see a combination of disruptive technologies and industry-specific skills as key to driving near-term business growth.
About the survey: The 2010 IBM Tech Trends Survey provides insight into the most significant enterprise technology and industry trends based on responses from 2,000 IT developers and specialists across 87 countries. The online survey, conducted by IBM developerWorks of its eight million registered users in August and September 2010, includes responses from IT professionals with expertise in areas such as enterprise and web application development, system and network administration, and software testing and architecture.
Contact: http://www.ibm.com/developerworks
Showing posts with label Web Analytics. Show all posts
Showing posts with label Web Analytics. Show all posts
Saturday, October 9, 2010
Thursday, September 30, 2010
Financial Firms Lack Sufficient Infrastructure For Growing Data And Analytics Demand
Two-thirds of financial services firms fear their analytics programs and infrastructures will not be able to handle increasing analytical complexity and data volume, according to a survey of financial services professionals. Completed in July 2010, the survey indicates that firms are hampered by a lack of scalability, inflexible architectures and inefficient use of existing computing capacity. Noteworthy differences exist in the challenges being faced by both buy- and sell-side firms, with sell-side institutions more likely to report a lack of a scalable environment, insufficient capacity to run complex analytics, and contention for computing resources as significant challenges.
According to the survey, data proliferation and the need to better manage it are at the root of many of the challenges being faced by financial institutions of all sizes. Two-thirds (66 percent) of buy-side firms and more than half (56 percent) of sell-side firms are grappling with siloed data sources. The silo problem is being exacerbated by organizational constraints, including policies prohibiting data sharing and access, network bandwidth issues and input/output (I/O) bottlenecks. Ever-increasing data growth is also cause for concern, with firms reporting that they are dealing with too much market data. Sixty-six percent of respondents were not confident that their analytics infrastructures would be able to keep pace with demand over time.
Both buy and sell side firms plan to increase their focus on liquidity and counterparty risk in the next twelve months. Counterparty risk management was ranked as the highest priority for the sell side (45 percent) with liquidity risk following at 43 percent. Liquidity risk and counterparty risk scored high for the buy side with 36 percent and 33 percent, respectively.
Comment from David M. Wallace, global financial services marketing manager at SAS: Siloed data sources have particularly impacted firms in the area of risk management as was evident during the recent financial crisis. The improved liquidity and counterparty risk management needed by both the buy and sell side, as reported in the survey, requires greater enterprise data integration across the firm.
Comment from Robert Iati, partner and global head of consulting at financial services research firm TABB Group: It's clear that organizations need more flexible infrastructures and platforms to enable them to manage the data issues that both buy- and sell-side firms have today, which includes managing an exponentially larger glut of data at compressed speeds.
Comment from Jeff Hong, head of financial services industry marketing at Platform Computing: We found that mid-sized firms are particularly affected by resource constrictions, where one in four respondents reported challenges around limited computing capacity, frequent contention for compute resources and the inability to complete calculations during peak demand periods.
To counter these challenges, financial institutions plan to turn to a combination of technologies including cloud computing and grid technologies. Within the next two years, 51 percent of all respondents are considering or likely to invest in cluster technology, 53 percent are considering or likely to buy grid technology, and 57 percent are considering or likely to purchase cloud technology.
About the survey: The survey was conducted by Wall Street & Technology in conjunction with Platform Computing, SAS and The TABB Group among 223 business technology decision makers, with approximately 45 percent of respondents from organizations with more than $50 billion in total assets or assets under management. Survey participants hold IT management positions, with approximately 23 percent holding C-level posts. The report ("The State of Business Analytics in Financial Services: Examining Current Preparedness for Future Demands") is freely available for download here.
Contact: Click here.
Contact Platform Computing: Click here.
According to the survey, data proliferation and the need to better manage it are at the root of many of the challenges being faced by financial institutions of all sizes. Two-thirds (66 percent) of buy-side firms and more than half (56 percent) of sell-side firms are grappling with siloed data sources. The silo problem is being exacerbated by organizational constraints, including policies prohibiting data sharing and access, network bandwidth issues and input/output (I/O) bottlenecks. Ever-increasing data growth is also cause for concern, with firms reporting that they are dealing with too much market data. Sixty-six percent of respondents were not confident that their analytics infrastructures would be able to keep pace with demand over time.
Both buy and sell side firms plan to increase their focus on liquidity and counterparty risk in the next twelve months. Counterparty risk management was ranked as the highest priority for the sell side (45 percent) with liquidity risk following at 43 percent. Liquidity risk and counterparty risk scored high for the buy side with 36 percent and 33 percent, respectively.
Comment from David M. Wallace, global financial services marketing manager at SAS: Siloed data sources have particularly impacted firms in the area of risk management as was evident during the recent financial crisis. The improved liquidity and counterparty risk management needed by both the buy and sell side, as reported in the survey, requires greater enterprise data integration across the firm.
Comment from Robert Iati, partner and global head of consulting at financial services research firm TABB Group: It's clear that organizations need more flexible infrastructures and platforms to enable them to manage the data issues that both buy- and sell-side firms have today, which includes managing an exponentially larger glut of data at compressed speeds.
Comment from Jeff Hong, head of financial services industry marketing at Platform Computing: We found that mid-sized firms are particularly affected by resource constrictions, where one in four respondents reported challenges around limited computing capacity, frequent contention for compute resources and the inability to complete calculations during peak demand periods.
To counter these challenges, financial institutions plan to turn to a combination of technologies including cloud computing and grid technologies. Within the next two years, 51 percent of all respondents are considering or likely to invest in cluster technology, 53 percent are considering or likely to buy grid technology, and 57 percent are considering or likely to purchase cloud technology.
About the survey: The survey was conducted by Wall Street & Technology in conjunction with Platform Computing, SAS and The TABB Group among 223 business technology decision makers, with approximately 45 percent of respondents from organizations with more than $50 billion in total assets or assets under management. Survey participants hold IT management positions, with approximately 23 percent holding C-level posts. The report ("The State of Business Analytics in Financial Services: Examining Current Preparedness for Future Demands") is freely available for download here.
Contact: Click here.
Contact Platform Computing: Click here.
Thursday, September 9, 2010
Digital Marketers Adopt SaaS Almost Universally
Digital marketers are quickly adopting Software as a Service (SaaS) tools to rapidly manage and optimize their efforts, according to a new study.
In fact, 100 percent of those surveyed were using at least one Software-as-a-Service-based software tool as part of their day to day operations.
Some of the other key findings included:
– The top priorities for SaaS tools for digital marketers in 2011 are Web Content Management and Content Testing & Targeting: When asked which tools were being considered as an addition to their suite, 57 percent of marketers responded that Content Testing & Targeting was a top priority. Web Content Management placed second, with 43 percent saying it was a priority.
– Of all of the tools listed, Web Analytics had the highest percentage of penetration – with more than 90 percent of the respondents saying that their Web Analytics tool was delivered via a SaaS based model.
– Web Analytics and Web Content Management have the biggest impact on digital marketers' ability to manage their campaigns. 67 percent and 57 percent (respectively) of the respondents said that Web Analytics and WebContent Management were two SaaS based tools that had big impact on their ability to optimize their digital marketing strategy.
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