Cloud Wars Live with Bob Evans

The Big Themes:• The ability to tailor applications: A top CFO concern is tax management, and must be addressed on an end-to-end basis.• The right foundation: It's been a big change from when we relied on it to give us reports and manage the data model.• Transforming and enriching data: How a single, unified data model can turn operational data into accounting entries posted into the general ledger.• CEOs are demanding cloud-based ERP: An end-to-end solution breaks down silos, accelerates insights, and drives better and faster decisions.The Big Quotes:“It's really an exciting time right now to be in finance.”“For us adding or changing a legal entity or a business unit, maybe a division or even a currency is quick and easy.”“I like to think about it as the two T's--technology and talent--and talent is definitely on everyone's mind today.”

The Big Themes:• It’s important to pick the right horse: In terms of transformation, in terms of collaboration, communication culture, in terms of DevOps and engineering culture, in the spirit of becoming a digital company.• Can do a lift and shift: Choosing a path now with our entire executive team and over 500 people and 3,000 – 4,000 customers.• The model would guide us eventually: To land in a place where we can definitively prove that we continue to deliver value because if we don't they'll stop spending and then we're out of business.• People want to do impactful work: This is the place where you're going to be on the leading edge of what's possible because you're literally using a platform which is limited only by your imagination in terms of what you can achieve.The Big Quotes:“And it takes a significant amount of effort, but we love playing that role specifically because we're so passionate about the outcome.”“We've got more than 28 regions. We've got plans for 10 more. We've got the largest network with the lowest latency of any cloud provider.”“I loved the library when I was a kid and I love it even more now because now the library is the world.”

The Big Themes:• Every industry has gone through some profound changes: But when you shift online, there are significant challenges in understanding where do you position inventory?• There are breaches all the time: Because almost every cyber breach is like a black swan event. Before the breach, the organization thought it was secure.• Building large scale consumer services: We now want all our clients to be able to stand on our shoulders as we support them on what they're trying to do.• Look in the rear view mirror: Our goals are to help organizations. We truly believe the important challenges and our mission is to help clients with their most important challenges.The Big Quotes:“How do you broaden the nature of the products and services, as well as how do you broaden the reach of the financial market?”“But working with Ikea, we learned a lot from them on how to make such an experience possible.”“And so people will want to cherish some aspects of how they work with that along with obviously being in the office, ideating with their colleagues and working.”

The Big Themes:• Now you can put your own paint on it: That's going to be a terrific thing for the clients, the buyers into next year and the year after.• It's a mindset change: Message for the board and for the CEO is to think about whether you're really changing the nature of the business.• The secret sauce for the vertical: We have to work in the wider ecosystem of that industry, whether it's healthcare, retail, manufacturing, or financial services.The Big Quotes:“I've got an article coming out later this week or next week on Acceleration Economy where I define the term digital transformation – and the opposite.”“Downside of this you got to get on this bandwagon, or the acceleration is going to flatten you like roadkill.”“We don't have to worry about things like servers and storage and networks anymore as ITP, and neither do the vendors.”This episode is brought to by BMC Software.

The Big Themes:• Hyper focused on the four markets in regulated industries: Healthcare, telecommunications, financial services and government.• IBM's heritage is in the mid office and the back office: Our mainframe runs the systems of records in the back office. That essentially is the sun in our solar system.• We're an open company that provides choice: As we go through the next transformation of which IBM's been through many in its hundred plus years.• Working within the wisdom of clouds: We de-risk cloud consumption as variants, infrastructure as a service, platform as a service and also software as a service.The Big Quotes:“So actually I'll put it into the context of the three-legged stool which is what all of those three groups will think about.”“If you think about the steps to that journey, IBM has always been very active in open source.”“And that has resonated really well with the policy makers and the actual regulators as with three central banks and the European central banks last week.”

The Big Themes:Public cloud operating model: Maybe there was more governance requirements, more security. We are seeing now customers becoming more thoughtful.Endless pots of gold: The one big thing on their mind is, “How can I do more with less money.”First-party data, on-premises data: But at the same time having the same self-service model, the speed, the agility, the security, the performance that you need via applications and the access.That technology is a means to an end: It’s really connecting with the people that we do business with. People are the most important – our customers, our employees, and our partners.The Big Quotes:“According to Gartner, about 75% of the people they surveyed revealed that midsize and large enterprises are moving to hybrid and multi-cloud and 81% of public cloud users are using more than two clouds.”“Our Nutanix cloud platform is built for that kind of portability across environments to begin with.”“So we are integrating with AWS, with Azure, with other cloud providers, with managed service cloud providers to deliver that functionality to our customers in a really simplified manner.”

The Big Themes:• The Baby Boomers are retiring: Further accelerating the need to deal with mainframes.• FinTech as an example: Old brick and mortar banks and investment firms have had mainframes for 40 years, but those workhorses can’t handle fast-changing world of digital finance.• You’d better get that project right: We always tell our CIOs, "When you successfully move your mainframe to the cloud, you're going to end up in the CEO's office." Unfortunately, the opposite is also true!The Big Quotes:“I would think there's about 20,000 mainframes left in existence spread over 5,500 customers.”“We call them unicorns—the COBOL, CICS, DB2, deep technical experts—and they will retire before the mainframes are migrated.”“So, we want to pass that comfort level on and share it with our new customers to say, ‘Yeah, there are going to be things that'll be difficult. We'll get there together.’”

The Big Themes:• The great resignation is effecting projects: What are some of the key findings or trends about these transformations? What was different in Q3?• What are the biggest reasons projects fail to deliver results? So many companies in the middle of digital transformation.• What are some of the pain points: That's actually a little bit higher than we've seen in the past.• What should customers be prepared for: Our survey results point the way forward for businesses.The Big Quotes:“So many of these digital transformations are dependent upon a third-party professional services firm.”“This is almost going contrary to this idea of working remotely. But their main complaint was the fact that they were not able to travel anymore, it was actually something that they missed.”“So the fewer integrations that you have and the less spaghetti, the less mess.”This episode is brought to you by BMC Software.

The Big Themes:• Facebook is evil: It’s a lot like going to work for Philip Morris 30 years ago. We should continue to invest in solving the world’s problems.• Tesla is undervalued: Tesla is a software company. Tesla is an automaker – and in five years we’ll see who’s right.• An interesting and kind of fun way: How can you make these companies more software companies over the next few years?• The faster we can get there: When we’re taking shots at social media – there’s big problems that need to be addressed.The Big Quotes:“And frankly, every time I think, okay we've hit rock bottom. It's like they figured out a way to drill further into the rock and look worse.”“And so we need to be really careful that we don't I think that we don't paint with too broad a brush there.”“Do you work digital or not? It's just like, so are you going to work or you're going to retire?”This episode is brought to you by BMC Software.

The Big Themes:• We just launched a new channel: Reflecting this global business phenomenon, it’s called the data revolution—and it’s turning the business world upside-down.• Mining for gold: Gathering as much customer data as possible and then using mining algorithms to gain insights and opportunities.• Aggregated, integrated, and transformed: Data transformation is the term that is used rou describes the modern digital recipe for turning to turn raw data into business data.• What can and should they do differently? Companies are interacting with their customers online and in unprecedented digital ways.The Big Quotes:“Gartner predicts that 75% of all databases will either be created in the cloud or move to the cloud by the end of next year.”“And they're like, how did they know that about me? It's a little unsettling.”This episode is brought to you by BMC Software.