[ad] The service leader for Cloud is now in Australia. Secure, reliable cloud and managed hosting all backed by 24x7x365 Fanatical Support. Create your free account now.
Buy an Seagate Business Storage NAS for your chance to win a holiday
[ad] Purchase a selected Seagate Business Storage NAS to receive a $20 cash-back AND go into the draw to win a $1,000 Flight Centre voucher so you can holiday in the destination of your choice. T&Cs apply.
How mobile and social media affect your Customer Experience strategy
[ad] How will the adoption of mobile devices and social media affect your Customer Experience strategy? Are you reaching your organisation's customers through these touch points? Click here to download a whitepaper by Fifth Quadrant examining consumer and business attitudes to these new contact channels.
Great articles on other sites
- Turnbull to release NBN review next week
- Canberra blitzes states with NBN take-up rates
- War on whistleblowers from Abbott, Turnbull as ICJ case arrives
- Stockland tech revamp at centre of growth plans
- Clare warns of Gonski-like backflips on the NBN
- Victoria seeks early buy-in to avoid past disasters
- Vtalk bucks the China trend with plan for Aussie build
- Booksellers bristle at Amazon's arrival
- Australian customers upbeat on Dell going private
- FTTP NBN supporters lobby Turnbull
50 things top IT pros need to know
[ad] This 18 page TechRepublic whitepaper explores 10 things you should know to become an epic IT manager, 40 other essential tips to advance your IT career and practical guidance for starting an IT consulting business. Click here to access the whitepaper.
The new IT manager: Trends affecting IT in business
[ad] The tables have turned for IT managers. IT used to be able to dictate which computing assets would be used by employees and how they would be used. No longer. This free GigaOM Pro research paper (click here to download it) gives a solid, fact-based perspective on how IT consumerisation, mobile computing and cloud delivery trends are changing the paradigm.
Featured, News - Written by Renai LeMay on Tuesday, April 27, 2010 14:58 - 2 Comments
CommBank CIO attempts to break vendor choke
Commonwealth Bank of Australia technology chief Michael Harte appears to be driving a strategy of inter-bank cooperation in an attempt to force the most powerful vendors into changing their attitude towards cloud computing and regulators into understanding the potential of the new enterprise IT paradigm.
The executive, who holds the titles of group executive of Enterprise Services and chief information officer at the bank, outlined his ideas in a landmark speech last week to the Committee for Economic Development of Australia.
Harte (pictured) said there was a “major transformation and shift” going on in the technology services market, with one drive being at the front end — where customers wanted more convenient real-time services, and one at the back end — with cloud computing increasingly commoditising enterprise IT infrastructure and avoiding the need for packaged software.
“You’d think that IBM and HP and Oracle and Microsoft, the big household names, would be driving this change but they’re still very dependent on accounting standards and still very dependent on annuity income, and they haven’t made the transition fast enough,” he said.
Harte told the audience more nimble players were coming into the market, but he also flagged the possibility that CBA might play hardball its own way.
Firstly, where it found solutions to reduce the cost of its infrastructure, it would “share” and “open source” those solutions and make them available “across a network on demand”.
But secondly, he said another way of addressing the issue would be to get three banks together internationally and agree on how data could be stored and processed and take it as a standard to regulators.
This morning the Australian Financial Review reported CBA had teamed up with Bank of America and Deutsche Bank to create a technology buyer’s consortium to get better deals from the industry’s largest players. A CBA spokesperson has not yet responded to a request for comment on the issue and how it might relate to Harte’s speech last week.
The Australian Prudential Regulatory Authority is understood to have fairly strict rules on how Australia’s banking sector is allowed to store key financial data — onshore or offshore. The regulator’s spokesperson has not returned calls since last week on the issue.
Some of the banks have established extensive offshore facilities — for example, ANZ’s sizable division in Bangalore, India. But by and large most of the banks keep most of their data within Australian shores.
Harte’s speech alluded to the costs of keeping CBA’s IT systems running.
“When you look at [cloud computing] from an enterprise point of view you’d say, hell we’re really stuck in an old IT model. We’ve got 50 to 80 per cent of all of what we spend a year tied up in infrastructure and that infrastructure isn’t conferring any strategic advantage; it’s just a cost of doing business,” he said.
Image credit: Commonwealth Bank of Australia
Latest Delimiter 2.0 articles (subscriber content)
|Politicians from Australia’s major parties need to stop issuing ludicrous blanket pardons for the intelligence community’s ongoing misdemeanours and start applying a basic modicum of transparency and accountability to this important national security function.|
|The independent pro-fibre National Broadband Network movement is doing a far better job of promoting Labor’s Fibre to the Premises-based NBN policy than Labor itself. When is Labor going to wake from its slumber and start supporting this scrappy but energetic grassroots network of activists?|
|Ziggy Switkowski's first substantial public appearance since being appointed NBN Co chief executive has starkly demonstrated just how different he is from his predecessor, Mike Quigley, and just how strictly he will adhere to the guidelines which his patron, Communications Minister Malcolm Turnbull, has set for him.|
|Australian technology companies have been virtually absent from the the nation’s public stockmarket over the past decade as the stigma of the dot com bust took its toll on investor confidence. But a clutch of new listings planned for the closing months of 2013 shows renewed interest in the sector and that local entrepreneurs are smelling money in the air once again.|
|NBN Co’s Strategic Review process gives the company an unmissable opportunity to re-evaluate the early decision to deploy its FTTP network primarily through Telstra’s underground ducts. The company and its new Coalition masters must now seriously consider deploying more fibre aerially on power poles in an effort to speed up its rollout substantially.|
|That moment which many Australian technologists fervently hoped for but never expected to see has come to pass: Simon Hackett has been appointed to the board of the National Broadband Network Company. But what questions should the Internode founder be asking NBN Co’s executive management team? Here’s five ideas to start with.|
|The rapid replacement of respected NBN Co chief operating officer Ralph Steffens with a Telstra executive who appears less experienced with fibre rollouts but better politically connected represents a key signal that NBN Co’s senior executive hiring process has now become completely politicised and is no longer independent from the Federal Government.|
Enterprise IT, News - Dec 6, 2013 12:50 - 0 Comments
More In Enterprise IT
- Payroll disaster: Queensland sues IBM
- End of an era: Oracle Australia’s ‘safe hands’ leaves
- Qld launches whole of government IaaS panel
- Defence finally allows staff iPhones, iPads
- NSW Govt refreshes ICT Advisory Panel
News, Telecommunications - Dec 6, 2013 11:54 - 79 Comments
More In Telecommunications
- NBN Co internal FTTN analysis: Turnbull refuses to retract inaccurate claim
- Defying the Senate: Turnbull to release NBN Review by end of 2013
- Senate to force Turnbull to publish NBN Review
- Get on with FTTN job, Quigley tells NBN Co
- Senate circus shows politics has no place in NBN
More In Industry
- Xbox One goes off with a bang … but will the PS4 launch eclipse it?
- It’s not just Freelancer: Aussie tech IPOs are back in general
- Freelancer’s IPO: A billion reasons to care
- Australian retailers online: Late to the party and much to do
- DesignCrowd picks up another $3m
Digital Rights, News - Dec 5, 2013 14:08 - 25 Comments
More In Digital Rights
- Global privacy group files formal ASD complaint
- Labor open to surveillance discussion
- Snowden an “American traitor”, says Australia’s Attorney-General
- ASD goes rogue with Aussie metadata
- It’s live: Delimiter publishes AGD FoI mirror