On June 9th, CAST hosted the event, How to Control Software Risk and Cost in Digital Transformation, in Madrid with CISQ and Dr. Richard Soley, CEO and Chairman of the Object Management Group.
There is a lot of talk about DevOps these days. I guess you’ve noticed that too, if you have anything to do with tech and haven’t been living in the woods the last three years.
I spoke on a panel a few weeks ago at the MIT CIO Symposium called Running IT Like a Factory. One of my co-panelists talked a lot about cloud-native companies, and how Netflix does 3,000 releases per month and Amazon does 11,000 releases per year. He also referenced the robustness of AWS and how companies like this can create a ton of value very quickly.
Our friend Paul Bentz at CISQ recently published an article detailing the imperative for CIOs to become digital leaders. Research from Gartner confirms that high-performing CIOs are leaders because of their participation in a digital ecosystem. To effectively drive transformational programs, CIOs must have a keen understanding of how digital drives both business and IT success.
CAST recently participated in a TechMarketView round table in London, discussing the effectiveness of digital strategies in banking. It’s no surprise that banks are facing some significant headwinds heading into 2017, including geo-political uncertainties, increased regulation, the need to modernize legacy systems and growing cyber threats.
Digital is no longer “just another channel” – it’s essential to success and securing optimal position for the next generation of banking customers. In order to capitalize on opportunities, bank management must establish solid KPIs to create and sustain the right behaviors in a digital environment.
It seems more and more frequently we see security and cyber-attacks in the news today. From Yahoo’s apparent cover up of a massive security breach that is damaging its merger with Verizon to the even more recent bank hack in India, where millions of debit cards were compromised, it’s apparent that there are holes in our current defense systems. Adding to the complexity of it all, eWeek has reported that DDoS attacks hit record highs in Q3 2016.
For most data-intensive organizations, it would spell disaster if mission-critical or customer information was leaked. What’s more, security gaps are known to go undetected for much longer in enterprises with a high percentage of legacy systems.
Insurance organizations have reached a tipping point. Historic institutions, with in some cases hundreds of years of service, they are being forced to transform due to changing consumer demands and nimble, technology-centric startups bringing innovative products to market. No stranger to regulatory and privacy concerns, Insurance carriers have overcome many roadblocks throughout their lifetime of doing business. Now they must tackle their legacy IT systems and improve software risk management to deliver the value today’s market is after.
The value of using established technology frameworks is proven. By adopting a software component for which many are skilled and experienced, it is easier for developers and IT managers to maintain a lingua franca.