News You Can Use: 6/22/2016

sn_horses_Isabella Jusková

  • Cable and telecom companies just lost a huge court battle on net neutrality

    The court verdict puts to rest — for now — a key question: Whether the Internet represents a vital communications platform that deserves to be regulated with the same scrutiny as the common networks of the past, such as the telephone system. Writing for the court, Judges David Tatel and Sri Srinivasan held that despite advances in technology, the underlying importance of the Internet to everyday communications and commerce makes it more similar to the phone system than not. Today, for example, consumers are accustomed to using not just the email accounts that their broadband provider gave them, but also using third-party services such as Gmail as well as Netflix, Amazon and Uber.

    https://www.washingtonpost.com/news/the-switch/wp/2016/06/14/the-fcc-just-won-a-sweeping-victory-on-net-neutrality-in-federal-court/

  • What’s going on with IT hiring?

    CompTIA, an industry group, said about 96,000 IT jobs were lost last month across all industries, not just the technology sector. That figure includes the impact of the approximately 37,000 telecommunications jobs sidelined by the Verizon strike, which was settled this month. But it was a rough month, by some estimates.

    Analysts have been generally cautious this year about IT hiring trends. Although the unemployment rate for IT professionals is about half the national average of 4.7%, said CompTIA, some analysts use terms ranging from “modest” to “pre-recession” to describe IT hiring.

    http://www.computerworld.com/article/3080825/it-careers/what-s-going-on-with-it-hiring.html?nsdr=true

  • The Psychology of Solitude: Being Alone Can Maximize Productivity, with Scott Barry Kaufman
  • 4 Steps to Avoid ‘Death by Meeting’

    Whether your meetings are derailed by the shiny object syndrome, or you get stuck in the weeds, the only person who can save you is you! That’s why, when I’m facilitating team events, I make sure that our agendas include business items as well as elements relevant to the team. That way, we weave in learning with business needs, giving team members an opportunity to practice and apply the skills they are learning.

    What often happens, when a team gets stuck in the weeds or off track, is that team members start making eye contact with me: raising an eyebrow, in effect begging me to, “Get us out of here — we are stuck!” It always strikes me that it’s me, the guest facilitator, who is asked to save the day.

    https://www.entrepreneur.com/article/275194

  • Doth thou protest too much?

    Many will applaud this effort to reign in what is seen as an out of control protest process. After all, the protest rate has grown some 45 percent during a period of time that total federal spending has dropped 25 percent. In 2001 there were about 700 individual protests filed with the GAO; in 2015 that number was over 2,500. Interestingly, of those protests on which GAO ultimately ruled, its “sustain rate” had dropped to 12 percent—from 18 percent just a few years earlier and 22 percent in 2001.

    https://washingtontechnology.com/articles/2016/06/03/insights-soloway-bid-protests.aspx

  • How Google killed Nest and why acquisitions fail

    I think the real problem is that when most companies do an acquisition they treat it almost like you and I would buy a car. They focus on the price and closing the deal after becoming interested in the firm’s products and/or services. But you don’t buy people, and a firm without the employees who made it a success is a failure in the making and worth a fraction of its assessed value. Part of the real cost of the acquisition is critical employee retention, and retention packages do a poor job of making people want to stay.

    http://www.cio.com/article/3082033/mergers-acquisitions/how-google-killed-nest-and-why-acquisitions-fail.html

  • Verizon to bid $3B for Yahoo’s core Internet business
    First Verizon buys AOL, and now they are looking into buying Yahoo. Verizon is where all of your old embarrasing email addresses like (mustang_guy_1972_xx@yahoo.com) go to die. 
    http://www.cio.com/article/3080025/verizon-to-bid-3b-for-yahoo-s-core-internet-business.html

Photo: Isabella Jusková

News You Can Use: 6/15/2016

sn_sparkle_Jamie Street

  • Can Vendor Scorecards Cut Down on IT Project Failures?

    Besides providing performance feedback during a large project, the scorecards also are expected to be a way for the state to take into account previous performance in future procurements, something that has been difficult to do in the past because evaluations were based on requirements built into the procurement vehicles. “We had no systemic way of measuring performance and taking it into account,” Ramos said. “We saw that as a gap.”

    http://www.govtech.com/state/Can-Vendor-Scorecards-Cut-Down-on-IT-Project-Failures.html

  • AI Will not Save Procurement … It Will Only Hasten its Demise

    An AI can detect the presence of risk indicators that you have defined against known risks, it cannot identify risk indicators for unknown risks. If the algorithm doesn’t understand that a tsunami is a risk because it can damage harbours and destroy coastal plants, the risk will not be identified until it discovers a news story about how the supplier plant had to shut down. And if it does not understand that legal proceedings can bankrupt a small company, it could overlook a filing with the potential to bankrupt the supplier. If the supplier was strategic, that is something the organization would want to know about immediately.

    http://sourcinginnovation.com/wordpress/2016/06/03/ai-will-not-save-procurement-it-will-only-hasten-its-demise/

  • DAO: A Sandbox For ‘Smart Contracts’

    Smart contracts are the digital equivalent of the pen-and-paper kind which, even today, are the gatekeepers to major business relationships. Smart contracts work by executing themselves automatically under a given set of conditions, which are pre-programmed into the software that supports them. In the case of DAO, funds will be transferred based on a majority vote, which itself is executed by digital signatures. Slock.it is the company behind DAO’s smart contract infrastructure.

    Also:

    The issue is one of control. There is potential for smart contracts to put buyer-supplier relationships under significant strain if, for instance, a dispute occurs and adequate consideration has not been given to the process for dealing with this in the digital setting. In computer-to-computer purchasing, for example, with which party does the burden of proof sit? The recent and public SWIFT-Bangladesh Bank saga has already showcased the extent of the tensions caused by disagreements over who’s system is at fault.

    http://www.procurementleaders.com/blog/my-blog–harry-john/dao-a-sandbox-for-smart-contracts-620229

  • How to Keep Millennials in Procurement

    Another differentiating characteristic about millennials is that they are not as interested as previous generations in climbing the traditional career ladder, going from a junior buyer to a senior buyer, to a manager and on to procurement director, Peck said. They can be happy with lateral career moves that spark change in their daily routine or challenge them in a new way.

    Career training, too, is highly valued among millennials — something Peck pointed out was a huge positive for procurement and supply chain organizations. In her experience, Peck said it can be “like pulling teeth” to encourage other generations of employees to take training courses or continue their education. With millennials, however, this isn’t a problem.

    http://spendmatters.com/2016/06/02/how-to-keep-millennials-in-procurement/

  • The Purchase Order Is In … Now What?

    At ROYCE, we’ve been burned in the past because we were so starstruck that a luxury department store actually chose us that it blinded us from the far-reaching implications of that order. No one was asking the important questions — What’s their credit history? What are the logistics chargebacks? What the hell is a “loyalty discount?” (Side note: I will never forget the time that a prestigious UK retailer gave us a significant PO, only to subtly mention in the fine print that there were 21 percent off worth of discounts and co-op advertising costs, after already succumbing to aggressively discounted landed costs!) There’s nothing more anticlimactic than landing a career deal, only to meekly utter “thanks, but no thanks.”

    https://www.entrepreneur.com/article/276640

  • ‘Vendor overload’ adds to CISO burnout

    “The new CISO is more the CIRO (chief information risk officer) tasked with managing risk to data and technology,” said Dawn-Marie Hutchinson, executive director in the Office of the CISO at Optiv.

    “Five years ago, the role was buried many layers down in the organization, if it existed at all,” she said. “Today, the CISO is a business leader.”

    Diedre Diamond, founder and CEO of CyberSN, speaking at the recent SOURCE Boston conference, offered three other reasons: Lack of understanding of the role, lack of advancement potential and unhappiness with leadership or company culture.

    http://www.csoonline.com/article/3077243/it-careers/vendor-overload-adds-to-ciso-burnout.html

Supplier Report: 6/11/2016

sn_lightening_Torsten Dettlaff

IBM scored a 10 year, $300M deal with Emirate Airlines. While they may be celebrating, HPE is hot on big blue’s AI heels with their Hexis platform.

Oracle is still dealing with last week’s lawsuit news. Investors haven’t overreacted to the possibility of false cloud sales…yet. However, the government is said to be eager to process Sarbanes-Oxley (SOX) compliance issues.

IBM

  • IBM Lands $300 Million Deal with Emirates Airline

    Under the new, enhanced-IT managed-services arrangement, IBM will “provide IT Infrastructure delivered as a service, allowing the airline to improve efficiency on its passenger support systems and functions.” The deal calls for fully managed services utilizing IBM’s mainframe, data storage, and the capability to encrypt data in near real-time.

    http://www.investopedia.com/stock-analysis/060716/ibm-lands-300-million-deal-emirates-airline-ibm.aspx

  • IBM Shifts Spark Development to its Cloud

    IBM said it is expanding access to the data analytics development tools available on its Bluemix cloud platform, giving data scientists working in the R programming language faster access to more data along with new contributions to SparkR, SparkSQL and Apache SparkML.

    http://www.enterprisetech.com/2016/06/07/ibm-shifts-spark-development-cloud/

Hewlett Packard Enterprise

  • HPE Discover 2016: Meg Whitman keynote
  • HPE’s Whitman Says Open to Cloud Deals With Amazon, Google

    “We may do something over time with Google and Amazon,” Whitman said Tuesday during an interview at her company’s annual event, Discover 2016, in Las Vegas. “They are not enterprise companies for the most part. They may get there. I know that is their ambition.”

    http://www.bloomberg.com/news/articles/2016-06-07/hpe-s-whitman-says-open-to-cloud-deals-with-amazon-google

  • HPE vs IBM Watson: Machine learning is ‘more than an opportunity for expensive consulting’ says software GM

    HPE has maintained an aggressive stance on the company’s proposed future in machine learning and AI at this week’s Discover 2016 conference in Las Vegas. Today, HP Software general manager Robert Youngjohn took another glove off, slyly describing IBM’s Watson as “expensive consulting with a smaller technology platform”.

    http://www.computing.co.uk/ctg/news/2460943/hpe-vs-ibm-watson-machine-learning-is-more-than-an-opportunity-for-expensive-consulting-says-software-gm

  • HPE Leads Contracting Server Market As Cloud Popularity Grows

    “The real driver of global growth continues to be the hyperscale data center segment. The enterprise and small or midsize business (SMB) segments remain relatively flat as end users in these segments accommodated their increased application requirements through virtualization and considered cloud alternatives.” Total sector revenues reached £13 billion during the first quarter of 2016, of which HPE secured $3.3 billion – a quarter of the whole market and an increase of 3.3 percent.

    http://www.techweekeurope.co.uk/cloud/gartner-server-market-cloud-growth-193198

Oracle

  • Oracle’s New Legal Challenge: Of Companies And Culture

    While companies are not people, companies can have cultures. What’s at stake in all of these matters, regardless of their ultimate disposition, is what impact they might have on Oracle’s culture and how changes in that culture could potentially lead to conduct that slows the company’s growth and leads to weaker than current valuation metrics. There’s little doubt that Oracle or at least its senior executives have one of the more macho and competitive cultures in corporate America. Larry Ellison, Chairman of the Board and CTO of the company, competes in just about every way he can and against everyone that he can. Mark Hurd, co-president of Oracle, enjoys or is credited with a similar macho personality. It is part of who they are.

    Also:

    The Fortune article about the “redemption” of Mark Hurd said that although Hurd didn’t always care for the niceties of making employees feel good, he always got results. A brief walk down memory lane or conversations with ex-HPE employees might challenge the accuracy of that statement. Talking of things about which I do have first-hand knowledge, Mark Hurd and his colleagues ruined HPE’s software business and destroyed a significant amount of shareholder value in the process.

    http://seekingalpha.com/article/3981044-oracles-new-legal-challenge-companies-culture

  • Why Oracle’s Fiscal 4Q16 Results Will Likely Miss Expectations

    Oracle’s Software segment reported revenues of $6.4 billion in fiscal 3Q16, which was flat on a constant currency basis. Oracle’s cloud revenues, which include SaaS (software-as-a-service), PaaS (platform-as-a-service), and IaaS (infrastructure-as-a-service), grew to $735 million. The segment grew by 44% on a YoY constant currency basis.

    Oracle’s Hardware and Services segments reported revenues of $1.1 billion and $793 million, respectively. Hardware revenues fell by 2% while services revenues grew a meager 1%

    sn_oracle-saas-and-paas
    http://marketrealist.com/2016/06/why-oracles-fiscal-4q16-results-will-likely-miss-expectations/

Dell | EMC

  • Dell to offload $3.25 billion in junk bonds to further fund EMC buyout

    Denali Holding, the parent company of Dell, is offering $3.25bn of senior notes to finance, in part, the acquisition of EMC. Dell has already sold $20bn of investment-grade secured bonds and $5bn of institutional loans to fund the $67bn EMC takeover. Under the deal, EMC shareholders will receive $24.05 per share in cash in addition to tracking stock linked to a portion of EMC’s economic interest in the VMware business.

    http://www.cbronline.com/news/verticals/tmt/dell-to-offload-325-billion-in-junk-bonds-to-further-fund-emc-buyout-4918338

Other

  • Google’s DeepMind Is Developing An AI Kill Switch To Prevent A Skynet Apocalypse

    Fortunately, some of the major players are actually also working on systems and methods to help maintain control of super-intelligent AI agents. In fact, a team of researchers at Google-owned DeepMind (the team that built Alpha Go, the machine that beat Lee Sedol handily) , along with University of Oxford scientists, are developing a proverbial kill switch of sorts for AI. Google acquired artificial intelligence startup DeepMind back in 2014 for $580 million or so, and back in the day Google CEO Eric Schmidt called it “an important bet.” Together with U. Oxford, the team has released a paper entitled “Safely Interruptible Agents.”

    The paper details the following in abstract: “Reinforcement learning agents interacting with a complex environment like the real world are unlikely to behave optimally all the time. If such an agent is operating in real-time under human supervision, now and then it may be necessary for a human operator to press the big red button to prevent the agent from continuing a harmful sequence of actions—harmful either for the agent or for the environment—and lead the agent into a safer situation.”

    http://hothardware.com/news/google-ai-kill-switch-could-prevent-skynet-takeover

Photo: Torsten Dettlaff

News You Can Use: 6/8/2016

sn_thecliff_Will van Wingerden

  • 3 Unrealistic Career Goals You Need To Abandon

    Creating career deadlines is all about balance. Planning ahead is a solid way to visualize what you want to achieve, but it can lose value if you only see those deadlines in black and white. Often times, new opportunities and unique ideas come from the gray areas, and strict schedules don’t always encourage that creativity. If you have a milestone you keep missing, remind yourself that it may not really exist and consider taking it off the list.

    http://www.fastcompany.com/3060096/how-to-be-a-success-at-everything/3-unrealistic-career-goals-you-need-to-abandon

  • IT career roadmap: Technology evangelist

    “You’re drawing on aspects of a bunch of different fields, technology, sales, marketing, psychology, even acting. You not only have to have technical depth and credibility, but also polished sales and marketing skills so that you can handle objections, you can promote messaging in a non-threatening way. And you have to know a lot about the business climate you’re operating in — what’s the market like? What are the circumstances that have brought a company to where it is?” Sage says.

    http://www.cio.com/article/3075440/it-skills-training/it-career-roadmap-technology-evangelist.html

  • Operating with Empathy: How to Build Organizations for Real People
  • Is Workplace Culture Overrated? (Infographic)

    Culture often influences an employee’s decision to join a company, and small perks go a long way. Two-thirds of employees with access to free food say they’re very happy at their current jobs, and workers who have strong relationships with their colleagues feel 50 percent more satisfied than those who don’t.

    Check out the infographic in the link to learn more about the benefits of fostering a healthy company culture.

    https://www.entrepreneur.com/article/276152

  • U.S. CIO aims to cut legacy spending, proposes IT modernization

    The administration’s proposed solution is an IT modernization fund (ITMF) that would be subject to oversight of an independent panel that would help prioritize the most pressing technology projects while also evaluating the business case that the agency makes in pitching a project. And, crucially, agencies that dip into the $3.1 billion fund would be expected to repay the initial outlay for the IT project back into the fund over time, as operating savings materialize.

    http://www.cio.com/article/3075842/government-use-of-it/u-s-cio-aims-to-cut-legacy-spending-proposes-it-modernization.html

  • When This Boss Walks 10 Miles a Day, She Leads a Much Healthier Team

    A study by the University of Minnesota showed treadmill desks boost job performance, and we who work and walk are a testament to that fact. We not only feel great, we’re knocking it out of the park, with creative and innovative design ideas that come to us while walking/working. Leading by example is important for every business owner looking to improve his or her team’s health. Being fit and happy is contagious.

    https://www.entrepreneur.com/article/275036

Photo: Will van Wingerden