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We are currently at an inflection point for a massive industry shift fueled by data. Exponential growth of data is coming together with exponential growth in the capabilities to apply analytics and machine learning to data. The world is becoming digital and intelligent. Nearly all existing business processes can be augmented with artificial intelligence (AI) – the ability to learn and understand what’s hidden in the data and to automate the physical world.
It is a huge opportunity for those who already have the required data. In contrast to digital startups which have the ideas and some venture capital, the established companies and the incumbents have the data. An estimated 80 percent of the world’s critical data is private, generated and owned by corporations worldwide. This is the phase where these incumbents become disruptors. With the data, they are able to disrupt existing models, extending and replacing it with a new, digital model.
There is so-called structured and unstructured data. Structured data is considered to be of highest value. It is the data that resides in databases denoting customer transactions or the status of company resources. Transaction performance and analysis of the resulting data is usually well-established.
New sources of data, (primarily unstructured data) need to be analyzed more deeply especially if we deal with language, images, videos and sensor data from devices from the Internet of Things (IoT). The technology to help us understand unstructured data is evolving very fast. Applications can integrate and correlate structured transactional data with insights from previously unstructured data.
A new set of hybrid applications will evolve, augmenting the informational backbones of corporations. Cloud-native concepts leveraging microservices will be used for most of these digital innovations. They need to be combined with growing confidentiality and transactional consistency and integrity requirements for those digital backbones. The resulting application and infrastructure architectures can be smart, efficient and flexible, if there is a unique source of truth with unlimited scalability and unmatched security.
At IBM Z Technical University in London, starting on May 14, 2018, you can learn about this innovation journey at the Architecting the Future track. This two-day track will bring the best technical leaders and speakers with a broad background and experiences together for an exceptional agenda covering data, AI, cloud, security, blockchain, DevOps, microservices and more. You will understand why the backbone of the digital business world, IBM Z, is differentiating for an architecture of the future.
The Architecting the Future sessions are developed specifically for CTO’s, chief architects and innovation managers from all kinds of organizations. It will be valuable for anyone who needs to drive data innovation and digital transformation. Please come to Architecting the Future – you will learn from and interact with IBM technical leaders, including many IBM distinguished engineers and inspiring speakers.
You can find more information here. See the agenda below: