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The Main Issues in Digitalization Projects: Data Protection and Security

In the age of digitalization, data protection and security are becoming even more important than they had already been before. According to a recent Accenture study among 2,000 IT security professionals in 15 countries, protecting customer data and ensuring operation are the central goals of the IT security strategy. Still, one in three cyber attacks is successful, finds the study. With 81 percent of respondents who are responsible for IT security stating that they feel well equipped to thwart attacks, some questions come up: Do experts feel too safe handling sensitive data? Are they protected at all against dangers from the web in digitalization projects? Which security and data protection aspects should be taken into account for these projects?

Topics: Digital Business Transformation Security Comment

Shadow IT: An Underestimated Risk

Using Shadow IT is a security risk for the German economy, according to the recent Security Report 2016 by eco - Association of the Internet Industry. The alarming result comes from a survey among 580 IT experts in German, mostly medium-sized companies. Shadow IT is a catchword for unauthorised hard and software as well as cloud services that exist independent from an organization`s IT and endanger sensitive corporate data. Around one third of the surveyed experts believed that there is Shadow IT being used in their companies, 23 percent think this happens on a considerable scale. Only 16 percent said there was none. But what makes applications that seem to make sense for the user so dangerous for companies? And how can more companies go from the shadow to the sunny side of IT?

Topics: Digital Business Transformation Security Comment

Digitalization of the Energy Industry: Leading or Lagging behind?

The energy industry misses out on digitalization, is the eye-catching result from a recent Ardour Consulting survey among 61 industry board members and executives published in late 2016. The energy companies that took part in the survey confirmed that digitalization is explosive and necessary – so the danger has been recognised. It is, however, still to be avoided: 90 percent said that they do not follow a digital strategy. For Switzerland, statistics portal DeStatista paints a similar picture: Only 16 percent of the Swiss energy providers that took part in its survey considered their digitalization degree high. Is the energy industry really behind on digitalization?

Topics: Internet of Things Digital Business Transformation Comment

Are data warehouse technologies too old school?

The results of data analyses are becoming increasingly important to corporate decision-making and the tendency is on the rise. This is the main finding of the current survey on;„Creating value from data“, carried out by the Bitkom IT Industry Association in conjunction with the corporate consultants KPMG. In this representative study, around 700 managers in 12 industry sectors were questioned.

The heterogeneous nature of the data to be analysed is steadily increasing. Consolidation and analysis of these many differing pieces of data is becoming a central success factor for companies – and it must be carried out on a per second basis and be highly available. The quality of the analytical data management solution is therefore becoming increasingly important within the company.

Topics: Big Data Digital Business Transformation Data Warehouse Automation Statement

Digitalisation: The three-phase strategy

Around two-thirds of companies in the Germany/Austria/Switzerland region have no holistic digitalisation strategy. This is the main finding of the 4 digital study (in German) published (in German) for the 2017 Hamburg IT Strategy Days by Oliver Wyman Management Consulting. Around 300 managers in German, Austrian and Swiss companies were interviewed regarding the status of digitalisation in their own companies. Only 10% of the interviewees felt themselves well equipped to handle the digital transformation. What can companies do to make themselves fit for the digital future? What must they take into account in their digitalisation strategy?

Topics: Digital Business Transformation Comment

What to do when things get critical? Oracle Public Cloud – disaster recovery that works for smaller companies as well

Damage that occurs within your own IT structure is expensive – it can cause your systems to fail, shut down your business and, in the worst case, cause irrecoverable loss of data. Even smaller firms should not shy away from the apparently high amount of effort required and prepare adequately for the worst case.

Topics: Cloud Computing Oracle Security