IBM Systems Magazine, Power Systems - April 2018 - 8
The NEW Currency
Realizing maximum value from corporate data starts with collaboration
usinesses that rely upon the IBM Power Systems* platform running IBM i don't
need to be told that their corporate data is important. Certainly, they know that
this information can yield valuable business benefits, and after hearing about
numerous hacks and breaches of large organizations over the years, they obviously
recognize the critical need to secure client data.
is a Rochester,
writer who has
However, data is even more
valuable than you think-at least
this is the view of Mike Cain, a
database consultant with IBM Lab
Services. Yes, data is important and
must be protected, but that level
of understanding isn't sufficient.
And because most IBM i clients fail
to recognize the true value of their
data, they ultimately fail to realize
the maximum value of this data.
8 // APRIL 2018 ibmsystemsmag.com
The Parallels Between
Data and Money
Cain describes data as "the
new currency." While you may
think that sounds like a splashy
marketing phrase, rest assured,
he's thought this through.
"Data really is like money," he
continues. "Data is an asset, which
means it must be stored correctly, it
must be protected adequately and it
must be put to work effectively."
When speaking to individual
clients or groups of people, Cain
expounds on this idea through
an extended line of questioning.
He starts with something simple:
Where do you keep your money?
The answers that follow, Cain
adds, are universal.
"I'll ask, 'Is all your money
in your pocket?' and they start