Posts Tagged ‘Digital’

Bitcoin and Blockchain – Bubble, Bubble Toil and Trouble

Tuesday, July 10th, 2018

Can Bitcoin and Blockchain be compared with the misquoted line from Shakespeare's play Macbeth, "Bubble, Bubble Toil and Trouble?"

Unfortunately, Shakespeare never published his play Macbeth with the line "Bubble, Bubble Toil and Trouble" in it.  Instead, he published "Double, double toil and trouble, Fire burn, and cauldron bubble", recited in unison by three witches pondering the fate of Macbeth in Act 4, Scene 1.

Is this oft-misquoted line from Shakespeare well suited to the current over-inflated and breathless puffery surrounding Bitcoin and Blockchain?

Let's look further at both.

One of these (Bitcoin) is cited as the first coming of digital currency, the other (Blockchain) is routinely cited as the disruption agent de jure of just-about-everything.

  • Is Shakespeare's use of the Witches incantations relevant to Bitcoin and blockchain today?
  • Are we living in a new age of Tulip-mania dressed up in digital concept garb?
  • Does the current market hype and craze surrounding Bitcoin and Blockchain have legs to them?
  • When can we really expect Bitcoin to stabilize and Blockchain to become real?

Read on for unseen insight.

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Digital Transformation and Enterprise Inertia

Friday, May 25th, 2018

The phrase of the day is digital transformation and its kissing cousin, which is disruption.

What is less well understood - nor is it widely discussed - is the impact of organizational or enterprise inertia.

Creative destruction, transformation and change

The overwhelming talk-track heard in conference halls, in expo centers, on podcasts, in webinars, and in online and mainstream business coverage is all about transforming this and transforming that.

When the modifier "digital" is appended to "transformation" everyone nods their head in agreement and in unison: bound to one another by social compact about expected behavior and the unwillingness the admit that they have no idea what others are talking about.

All this talk about transformation - digital or otherwise - and disruption is music to the ears of all the people who are in the businesses of offering management consulting, advisory and guidance services, especially about the nexus of strategy, markets and digitally enabled business processes.

But even these companies - the advisory firms - suffer from the same enterprise inertia that afflicts their clients.

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Digital Business, Transformation and Automation

Sunday, March 11th, 2018

So what's up with all the talk about digital business, transformation and automation?

The way these are talked about you would think none of us have had anything to do with or been doing anything digital for the past fifty years.

None of us who earned our stripes anyway - whether it bee with paper tape loaders, front panel flip switches, JCL, hollerith cards, micro-controllers, CP/M, systems programming, kernel builds, and NOS's among others - have apparently been doing digital business, according to some anyway.

Nor was anyone who built and used RDMBS, middleware or client-server computing.

Hooey on all of us - or them - because apparently none of us have been doing digital business!

Foolish rubbish! (more…)

The IT Innovators Dilemma – What Type of Innovation?

Thursday, November 8th, 2012

The biggest problem of all for most people in IT is what is known as the IT innovators dilemma, which is the age-old question summarized as "Where do you innovate in IT?"

For some the answer to this question is easy and simple to identify: for others the question often results in a reflexive response summed-up by the phrase, “this is how we’ve always done IT.”

In truth, IT is made up of all kinds of people and types of organizational IT cultures that make it possible to use and exploit digital for business.

But the answer to the question of "where do we innovate with IT?" is becoming harder to ignore.

The opportunities posed by machine learning, Cloud computing, API containers, software defined networking, distributed ledgers, and mobile information anywhere at anytime are among some of the largest and potentially most disruptive digital mega-trends impacting every company and every industry.

Are digital mega-trends worthy of innovating with IT or not?

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