Cisco Systems has announced its intent to acquire Composite Software, which provides data virtualization to help IT departments interconnect data and systems; the purchase is scheduled to complete in early August. Cisco of course is known for its ability to interconnect just about anything with its networking technology; this acquisition will help it connect data better across networks. Over the last decade Composite had been refining the science of virtualizing data but had reached the peak of what it could do by itself, struggling to grow enough to meet the expectations of its investors, board of directors, employees, the market and visionary CEO Jim Green, who is well-known for his long commitment to improving data and technology architectures. According to press reports on the Internet, Cisco paid $180 million for Composite, which if true would be a good reward for people who have worked at Composite for some time and who were substantive shareholders.
Topics: Big Data, Networking, Operational Performance Management (OPM), Business Analytics, Cloud Computing, Data Management, Governance, Risk & Compliance (GRC), Information Management, Business Performance Management (BPM), Cisco, Composite Software, Data, Data Virtualization, Information Applications (IA), Information Management (IM), Information Optimization, Internet of Everything, IT Performance Management (ITPM), Strata+Hadoop
Business analytics can help organizations use data to find insights that lead to new opportunities and address issues unrecognized before. One player in this market is Datawatch, known for its tools for information optimization and harvesting value from big data including content and documents. I assessed the company earlier this year, and recently our firm recognized its customers’ achievements with 2013 Ventana Research Leadership Awards for Information Optimization with Phelps County Regional Medical Center and Governance, Risk and Compliance (GRC) with The Fauquier Bank.
Topics: Big Data, SAP, GRC, Office of Finance, Operational Performance Management (OPM), Panopticon, Analytics, Business Intelligence, Information Management, Operational Intelligence, Business Performance Management (BPM), CEP, Customer Performance Management (CPM), Datawatch, Discovery, Financial Performance Management (FPM), Information Applications (IA), Information Management (IM), Information Optimization, Sales Performance Management (SPM), SAP HANA, Supply Chain Performance Management (SCPM)
Information management is important to every line of business that seeks to improve its business processes and decision-making. In response to pressure from those departments, CIOs and IT organizations must examine whether they have focused enough on the I for information and not just the T for technology, and if they have not, commit to taking this responsibility more seriously than in the past. Informatica is one vendor that realizes the potential of its information beyond just data integration, and this is reflected in its expanded product portfolio and position in the market over the last several years. Our firm has taken note of companies gaining value from using Informatica; we awarded our 2013 CIO Leadership Award to George Brenckle of UMass Memorial Health Care for his work to maximize the value of information assets through managing data innovatively. Informatica itself has enhanced its position by introducing its new brand and a new CMO and demonstrating commitment to change from its executive leadership team at the company’s recent 2013 user conference. The focus of the brand now is on helping business and IT find the full value of their information.
Topics: Data Quality, Master Data Management, Operational Performance Management (OPM), PowerCenter, Analytics, Business Analytics, CIO, Cloud Computing, Data Integration, Information Applications, Information Management, Business Performance Management (BPM), Information Applications (IA), Information Management (IM), Information Optimization, Vibe