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Cloud computing is one of the most significant growth segments, with revenue expected to nearly quadruple from EUR 3.5 billion to EUR 13 billion per year by 2015.
The IT hardware disposition function remains undefined among many organizations.
Worldwide technology adoption as a result of commoditization of IT products and services
52% spend more than 10% of their overall IT budgets on wide-area services
Survey of UK executives reveals nearly one quarter of IT budgets over next two years will be spent maintaining legacy systems
Prioritize IT operations with perspectives from collective data analysis
Lockheed Martin has been named the top provider of IT services to the federal government for the 18th straight year in Washington Technology’s annual contractor review.
Business and IT organizations are struggling to adapt IT strategies to the avalanche of public cloud consumption
Cloud Computing including, Software as a Service (SaaS), Infrastructure as a Service (IaaS), and private cloud deployments,on average, respondents expected one-third of their applications to be running in the cloud within 12 months.
Survey of ‘Trends in Technology’ Finds the Information Explosion Challenging Government Agencies to Adapt or Be OverwhelmedJuly 1, 2011 | Marijana Mrkalj 2
Research surveyed latest technology developments and public sector CFO responses
A recently released survey, Trends in Technology 2011: The Information Explosion, conducted by the Association of Government Accountants, concluded that governments must reexamine business processes to take best advantage of the deluge of data available while managing new threats. Failure to do so means governments can become overwhelmed and lose opportunities of great significance.
Both software tools and human judgment are needed to make effective and efficient use of the data, made possible by an ecosystem of technologies built around the Internet, communication systems and storage capacities. Technologies mentioned in the study hold the promise of great progress—the ability to create a smarter planet, use resources more efficiently, avert disasters and confront some of our greatest challenges. On the other hand, they create new vulnerabilities to our age-old weaknesses for destruction, fraud and abuse.
Nimble organizations in the private sector will use these technologies to gain competitive advantage and provide better value to shareholders. For them, it is one of the imperatives of survival. It is even more so for government agencies. Governments at all levels are the generators and users of huge amounts of data, they are the fiduciary agents for trillions of dollars of spending, and they are the proposers and enforcers of regulations. In each of those functions, the discerning use of technology can make for huge social gains at every level. The challenge of managing change within government organizations to embrace such technologies will be a key factor for success.
While the study covers much ground on emerging trends in hardware and software development, greening of computers, cloud computing, smarter planet, social networking, mobile apps and new vulnerabilities, it hones in on the Information Explosion as the central theme of latter day technology development. As the world becomes more interconnected, instrumented and intelligent, the digital universe of information is exploding:
- In 2010, the digital universe set a record. It grew by 62 percent to nearly 800,000 petabytes. A petabyte is a million gigabytes.
- In 2011, the digital universe is expected to grow almost as fast to 1.2 million petabytes, or 1.2 zettabytes.
- This rapid pace of growth means that by 2020, our digital universe will be 44 times