Information on Demand Conference 2007 -- Day 2: The State Of Information Management
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With Dana Carvey and his impersonations now in the rearview mirror, and since Steven Covey will be in attendance later in the week, it's time to begin with the end in mind and look ahead to the future of information management.
After the morning break, Andrew Warzecha, VP IBM Information Management Strategy, gave us a glimpse into the headlights, outlining for a SRO audience the "State of the [Information Management] industry."
Andrew covered some significant ground in his session, so I'm going to try and just hit a few of his highlights.
First, this is a growing market, expected to reach $39.6B U.S. this year, and growing at a 7% CGR through 2010.
Though information management may have been relegated more into the technology trenches in times past, it is rapidly becoming a board level concern, with Andrew projecting at least one major company failing in the next 5 years due to an information integrity issue.
Andrew also pointed out that an SOA approach and information management are inextricably linked and that the idea of "information as a service" becomes increasingly vital.
For we mere mortal end users, search becomes the business users' consumable front-end to business intelligence moving forward -- how the heck else are you going to find what you need?
But these changes are not without their challenges: The increased business demands for trusted, in-context real-time information becomes a major CIO level architectural challenge, and organization-wide data governance practices become recognized as a major issue in differentiating the innovation, information rich from the information and quality poor.
The Net: There's going to be a lot more info to deal with and organizations not preparing for the onslaught now will find it increasingly difficult to compete, and, music to my ears, both content and Web information become first place citizens in data integration efforts.
So get with the program, and start here to review some of the significant product and strategy announcements emerging from the Information on Demand 2007 conference.
Speaking of information overload, I'm preparing to scan the skies for tonight's Flying Elvi.
Scarves all around!