The IoT Cybersecurity Improvement Act calls for deployment standards for IoT-connected devices. That’s not only a very smart move for the Federal government, it could have far-reaching implications for the private sector, and for consumers, as well. And that? That’s a very good thing.
Broadcom’s $10.7B acquisition of Symantec’s enterprise security business moves forward, as Avago’s ‘growth by acquisition’ strategy continues to play out. Semiconductors is one business, enterprise security software, an entirely different one. It will be interesting to watch how Avago’s Hock Tan and his penchant for streamlining operations impacts the company post-acquisition.
Want to watch AI transform advertising and financial services? Look no further than the JPMorgan Chase 5-year deal with AI startup Persado. The financial giant’s impressive foray into artificial intelligence follows a multi-year pilot using AI to help develop the most effective ads. How effective? Try a 450% click through rate. The fact that Persado’s machine learning tool wrote better ad copy than its own copywriters shows that the advertising industry is undergoing its own transformation—whether it likes it or not.
The latest upgrades to Microsoft Teams’ collaboration platform is moving collaboration beyond the desk, and they are not alone on that front. Cisco is innovating in exciting ways, with myriad integrations and cognitive collaboration. Slack is fine-tuning and working to woo the enterprise customer. Dropbox is getting in the game—and those are just a handful of the many players in the $30 billion dollar market for workplace collaboration services.
The Capital One breach is a terrible, horrible, no good, very bad day for the brand, and just another day of exposure and personal risk for consumers. There’s a reason that every major tech brand is focused on cybersecurity: Dell, IBM, Cisco, SAP, and others understand fully that business can’t be business as usual if customers are vulnerable to hacks. Now we just need to move cybersecurity up the food chain so that it’s a top concern from senior management and the boardroom on down—and fund it.
The newly announced Microsoft Azure Data Share service allows customers to share, manage, control, and maybe monetize, their business data, within the enterprise as well as with partners and third parties. While the sharing part is cool, it’s the monetizing part that’s most interesting to me.
The IBM Red Hat acquisition nets its first big payoff with AT&T strategic alliance, multi-year, multi-billion dollar contract. IBM’s move, acquiring Red Hat in order to be the hybrid multi-cloud platform out there, was smart. Hybrid multi-cloud is not only the reality of the enterprise today, it’s the reality of all businesses. The ability to modernize apps, move them to the cloud, partner seamlessly with others, and manage everything in a hybrid cloud environment isn’t rocket science, it’s table stakes. I’m looking forward to seeing what’s on the horizon for these two.
FaceApp is a gigantic cybersecurity risk, and the viral app has gone from fun to dangerous in an instant. Tech geeks like us don’t have all the answers, but most of us who are immersed in this space are flat out concerned about the potential ramifications of FaceApp and the dangers it might possibly pose. And really? What’s the upside? Your photos might end up on a billboard in a foreign country somewhere, or they might be used to train artificial intelligence. Or both. Or they might be used in even more personal, and personally dangerous ways. It’s not really worth it for a few seconds of amusement, or amazement, or whatever it is, at what you might look like 50 years from now—is it?
The news of the massive GDPR fines levied against British Airways and Marriott has gotten the attention of CIOs. More importantly CEOs, investors, and board members are rethinking cybersecurity, realizing that a security-first mindset in all aspects of the organization is critically important.
Sorry Oracle, you’re out. Now officially the sole contenders in the bid for the Department of Defense’s $10B cloud computing contract are Microsoft and Amazon. For a variety of reasons, it makes no sense that the government would hand over a ten-year, $10B cloud services contract to Amazon. Time will tell on this front, but my money is on Microsoft.