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Converge Social, Mobile, Analytics and Cloud for More Business Opportunities, Says Report

Welcome to today’s edition of the IP news roundup. Here are the latest headlines in convergence, big data, network security and more:

  • A report by Accenture revealed that companies that adopt technologies such as cloud and virtualization are better positioned to take advantage of new business opportunities and stand out from the competition. “Organizations and their leaders need to hit the reset button on how they use technology to drive market differentiation, deepen customer relationships, and deliver growth and profitability,” said Paul Daugherty, Accenture’s chief technology officer. “Our latest Technology Vision report finds that the technology for accomplishing these business goals is available today, but that adopting a new digital mindset is required to harness the potential. The power and reach of converging IT trends such as mobility and cloud means that business leaders need to understand the implications of a software-driven, ‘connected everything’ world.” For more information, download the Accenture Technology Vision 2013: The Latest IT Trends and Innovations report.
  • Big data is driving business intelligence (BI) spending. According to Gartner, spending on BI software will hit $13.8 billion this year, representing a 7% rise from 2012. The rate of BI spending will grow at a single-digit pace over the next few years – mainly driven by the demand for big data analytics – and reach $17.1 billion by 2016. Gartner believes the troubled economy has slowed spending but that demand will grow: “Every company has numerous subject areas — such as HR, marketing, social and so on — that have yet to even start with BI and analytics.” In addition, “the demand for business-intelligence applications will remain strong, because many mid-sized organisations have not yet even started to use the software.” For more information on BI spending, see the write-up on ZDNet.
  • Moving data to the public cloud can lead to security risks. While eSecurity Planet reported that cloud hosting facilities can offer physical security that is just as good as or better than what enterprises can build in-house, there are still a number of risks involved when moving applications and data to the public cloud. According to eSecurity Planet, using a public cloud service makes it easier for someone inside the organization to leak, steal or destroy company data. This is because “there will likely be new administrators and people with privileged access to your applications and data” and “a single person working at a cloud provider has the potential to compromise far more machines than a person working at a single enterprise. For that reason alone, such people are more attractive targets to anyone planning to carry out coercion or provide payments for access.” For a list of other public cloud security risks, as well as tips on how to prevent breaches, see the ePlanet Security article.
  • And finally … SC Magazine announced the threat of the month. The February threat of the month is an IE exploit, a zero-day vulnerability that impacts Internet Explorer versions 6, 7 and 8. If you suspect that a device in your organization has been affected by the IE exploit, SC Magazine recommends upgrading the IE browser to version 9 or 10. For more information on preventing IE exploits, see the full SC Magazine warning.

What is your take on today’s news? Feel free to share your opinions below.

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