Big Data Analytics Can Benefit Manufacturers
“Senior executives recognize the importance of investing in digital transformation for future success,” said Ruth Curran, managing partner of MERC Partners based in Dublin, Ireland and global chair of IIC Partners executive search, in a statement. “However, as technology evolves and digital continues to disrupt business units and industries, a CEO who has primary oversight for this mandate will diminish their capacity to effectively manage the rest of the organization and lead their teams.” Moreover, of that companies that do not have a chief digital officer, the CEO, CIO and CMO roles serve as the primary leaders for managing the vision and implementation of digital transformation, alongside their other responsibilities, the study showed. The survey also found that 45 percent of executives polled said the ideal CDO should have experience within the technology or IT function, while 43 percent said the CDO should have a marketing or sales background. And in yet another survey, Compuware found that many U.S. firms are ill-prepared for the European Union’s General Data Protection Regulations (GDPR) compliance mandates. These U.S. companies must improve their data governance and test data management capabilities across all platforms, or face serious risks for non-compliance, including fines, Compuware said.According to the survey, 78 percent of U.S. respondents said the complexity of modern IT services makes it difficult to know exactly where all customer data, including personally identifiable information (PII), resides. Moreover, 39 percent of U.S. respondents said they do not anonymize or use other techniques to depersonalize customer data before using it in application testing environments. “Businesses in breach of the GDPR after May 2018 will likely face huge fines and tarnished brand reputation, making compliance an executive-level issue,” said Chris O’Malley, CEO of Compuware, in a statement. “Mainframes hold huge volumes of personal customer data that organizations must give their highest priority in overall compliance effort, including the use of data visualization and test data privacy solutions.” O’Malley noted that data visualization tools on mainframe systems can help IT administrators see the interdependencies between various applications and databases. “There are many important and valid reasons for U.S. companies to re-invest in advancement of their mainframe applications—including its ceaselessly growing importance to the business as the system-of-record for mobile, web, social, and IoT applications,” O’Malley said. “Looming EU GDPR deadlines, however, make it particularly urgent that mainframe owners take action ASAP to both improve their mainframe data governance capabilities—especially when it comes to tracking and anonymizing test data—while also integrating mainframe data and application management as much as possible with the rest of the enterprise environment.”
The company, which provides software for mainframe IT pros and application developer, said with a majority of U.S. corporate data continuing to reside on mainframes, improved mainframe data management must become a priority. Mainframe data visualization and test data management capabilities can help overcome the data governance and test data protection challenges presented by GDPR, Compuware said.