If your organization puts an expiration date on your business data, you risk extinction.As the digital economy increasingly takes hold, businesses in every industry and region are finding themselves under attack from fast moving digital disruptors. That measure every digital interaction both in real-time and trended over many years and adapt their services accordingly.As I’ve previously discussed, it’s the data that fuels digital transformation. Most often when organizations are talking about this trend, their focus is on Artificial Intelligence, the Internet of Things (IoT), or Business Intelligence. The insights and intelligence provided by each of these technological trends is greatly amplified by the amount of data collected over time. Not surprisingly, organizations are rethinking how data is treated.It Takes Time to Become a Master in AIWith the advent of cloud services, it is now easier than ever for organizations to throw a million CPUs at solving a complex problem like creating a self-driving car. However, without the appropriate amount of data, you may as well not try. To train the algorithms that power self-driving cars, auto manufacturers must log millions of miles and feed telemetry data, images, even video into the service. There are no shortcuts here, and whoever has the most data is in the strongest position to win. I’m reminded of Malcolm Gladwell’s research that indicated that it takes 10,000 hours of practice to become a master. It’s no different in AI – the data that companies like Tesla and Google are collecting from their self-driving prototypes will serve as massive competitive moats in the years to come. Even financial analysts are pricing in the data in their models noting, “Machine learning algorithms have become commoditized, even open source. Data, not algorithms, is what confers competitive advantage. The company with the most data wins.” – Seeking AlphaIoT Always Evolving Based on the DataTechnology moves so quickly that a device that cannot be connected and updated is already on its way to being obsolete before a user ever touches it. With the Internet of Things, we not only have a way of extending the usable life of the device but can also improve its performance and usefulness. When you have a series of devices that collect and send data back to the service they are consuming you can create a virtuous cycle. The application generates data, which can be analyzed, and fed back into the service to improve. With historical data sets in hand setting a baseline you are then able to experiment and innovate with these devices. Every organization can wake up tomorrow as a software and analytics company if they prioritize digital transformation just as GE famously did.“You have to make your machines smarter. You need to figure out the best ways for embedding intelligence into machines and devices. Then you need to develop the best techniques for collecting the data generated by those machines and devices, analyzing that data and generating usable insights that will enable you to run your equipment more efficiently and optimize your operations and supply chains.” – Bill Ruh, Chief Digital Officer, GE, and CEO, GE DigitalBusiness Intelligence Only Gets Better With Age“If you can’t get insights until you’ve analyzed your sales for a week or a month, then you’ve lost sales within that time. If you can cut down that time from two or three weeks to 20 or 30 minutes, then that saves a lot of money for Walmart and stopped us losing sales. That’s the real value of what we have built with the data café.” – Walmart Senior Statistical Analyst Naveen PeddamailOne of the interesting aspects of businesses going digital is everything becomes measurable, and with enough data, you don’t just predict the future you create it. We’ve heard of extreme targeting in advertising or suggestions in shopping applications that seem to read our minds and spur decisions. These systems only improve with the more data points they have. Look at the investments of Walmart, your classic brick and mortar organization, is making in their Big Data implementation: a centralized analytics practice that can analyze 40PB of data across 20,000 stores in 28 countries an organization. Walmart realizes that this data makes for the ultimate differentiator a business can enjoy and becomes more pronounced over the years.Turning Potential Into Reality Will Require ChangeThe ability to pull up data and mine it for insights is powering the next phase of innovation in the digital economy. Data has the potential to increasingly enable predictive services, train machines, and make systems intelligent, but only if organizations keep it.This view challenges many long held beliefs and practices within organizations. Many will struggle with these new data requirements as it requires a massive shift in their data platform. The most important questions will become: What do we keep? What do we throw away? How will it be used? Where can we store it? How will we manage and secure our growing data footprint?We are moving to an age where the data will outlast the infrastructure and even the services that are consuming it. Are you ready for what’s next?Related Articles: Dell CTO Bill Schmarzo (the Dean of Big Data) discusses the Economic Value of Data
Entry-level that gives your customers moreWhen they’re in the market for storage, companies on tight budgets and with limited in-house IT capabilities often feel the need to accept compromises.But with the arrival of the PowerVault ME4 Series from Dell EMC, those days are gone. These new entry-level storage systems are big on value and small on price – and they’re purpose-built and optimized for both Direct-Attached Storage (DAS) and Storage Area Network (SAN) environments.Great for customers…PowerVault ME4 Series configurations start at under $13,000, including all the enterprise-class software to store, manage and protect data.It’s simple, too: customers can choose to install systems starting in 2U or 5U hybrid or as all-flash. Management is made easy via an integrated web-based (HTML5) management GUI.There are no compromises on speed, either. PowerVault ME4 systems deliver up to 320K IOPs, great bandwidth, and new Intel Broadwell processors.… and great for Partners, tooPowerVault ME4 Series represents a great sales proposition. It enables you to defend accounts and strengthen customer relationships. It can be attached to Dell EMC PowerEdge servers, and it’s a great tech refresh proposition where PowerVault MD3, PS, SCv2000 and VNXe models are in place.With your new customers, it’s a great cross-sell. Its enterprise features, web-based management, all-inclusive software, simplicity, high performance and low cost make it an attractive addition to every Dell EMC PowerEdge server sale.And then there are all the upsell opportunities, including consultancy provision as well as ProDeploy and ProSupport services.There’s more great news for you and your customers alike about the Dell EMC PowerVault ME4 Series on the Partner Portal – and you can also watch the PowerVault ME4 Series Video.
While our reach to create technologies that drive human progress at Dell Technologies spans the globe, we are fiercely dedicated to recognizing and fostering innovation in our local communities.Recently, we supported this cause as the presenting sponsor of the seventh annual NEVY Awards (“The NEVYs”) in Boston, Massachusetts. We joined the New England Venture Capital Association (NEVCA) in proudly honoring many like-minded companies who are fueled by a similar desire to create innovative technologies and solutions that will enable customers to thrive in the digital future.The NEVYs honor both early- and late-stage companies, and the venture capitalists who support them, and include a wide variety of the region’s thriving industry clusters. This year’s 12 award categories recognize local companies and their investors. Final winners are selected by the NEVYs Technology, Healthcare and Life Sciences Academies.In addition to the NEVYs, we’re active in a variety of other channels and local initiatives to help bring innovation to life. For example, our venture arm Dell Technologies Capital, provides early-stage companies with investments and specialized guidance to kickstart and accelerate their growth. We’re extremely proud that Boston-based companies Nasuni and Nantero are among DTC’s portfolio.We hosted MassForward: A Vision for 2030, to encourage conversations about how our local communities can continue to participate in the expansion and adaptation of emerging technologies. These discussions between industry leaders, government officials and technology specialists ensure that the resources to advance the state’s social and economic growth are at the forefront.Dell Technologies has also cultivated close partnerships with organizations like Cambridge research and engineering firm Draper, who is developing a constellation of toaster sized satellites that can collect ultra-high-resolution images covering the entire surface of the planet. These images help scientists identify areas where fire-related water contamination is a risk. By transforming their IT infrastructure, Draper engineers have been able to increase their productivity, and develop new technologies with the ability to determine the potential spread of diseases, combat animal poaching, and predict severe weather events.Massachusetts is no stranger to innovation. In fact, a recent Bloomberg study showed that Massachusetts was the second most innovative state in the U.S., second only to California. Some might say it’s a statistical tie for #1. We at Dell Technologies are dedicated to keeping this strong momentum going.Let’s take a moment to celebrate the below NEVY winners, for their ongoing commitment to making innovation a reality in the technology, life science and healthcare industries.Check out photos from the event on social media using #NEVYs19. Bloomberg, California Is the Most Innovative Economy in America, April 16, 2019