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How big data is transforming IT from a cost centre to a profit centre

Adam Bender | March 11, 2013
The rise of big data is turning IT departments into “profit centres” for businesses, according to Hitachi Data Systems chief economist, David Merrill.

The National Australia Bank is one organisation moving toward infrastructure-as-a-service. In a recent speech, NAB executive manager of enterprise transformation, Adam Bennett, said the bank's IT department would become an "orchestrator of services" rather than run them itself.

Merrill believes some core systems will continue to be owned by the business, but that "the majority of our IT assets in the next five years will go ... to a utility-based model of some sort," he said.

"That doesn't mean it's going to be in the cloud. The asset could still be on their floor [and] still be behind their firewall. They just won't own it."

"It could be a rent, it could be a pay-as-you-go, it could be a flex lease," he said. "You pay for what you use."

 

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