Tag: couchbase

GenAI impacts unfelt until 2025 predicts Gartner

Fortune tellers at Gartner predict that GenAI impacts will not be felt until 2025 despite a boom in IT spending next year.

Gartner said that worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of eight per cent from 2023.

However, the soothsayers said that while generative AI (GenAI) has not yet had a material impact on IT spending, investment in AI more broadly supports overall IT spending growth.

Gartner analyst VP John-David Lovelock said that GenAI impacts will not be felt until 2025, even if organisations continue to invest in AI and automation to increase operational efficiency and bridge IT talent gaps.

Businesses spend too much on cloud

Businesses are spending far too much on cloud computing services according to beancounters at  Couchbase.

The number cruncher found that enterprises are over-spending by more than $8.75 million on cloud services, with inflexible pricing and a lack of robust data management tools contributing to the problem.

Digital Transformation Projects are still risky

Despite rising optimism in digital transformation, the vast majority of organisations are still suffering failure, delays or scaled back expectations from digital transformation projects, research from Couchbase has found.

In a survey of 450 heads of digital transformation in enterprises across the US, UK, France and Germany, 73 per cent of organisations has made “significant” or better improvements to the end-user experience in their organisation through digital innovation.

More than 22 per cent say they have transformed or completely “revolutionised” end-user experience, representing a marked increase over Couchbase’s 2017 survey (15 per cent). However, organisations are still experiencing issues meeting their digital ambitions, including:

·        86 per cent said factors including reliance on legacy technology, the complexity of implementing technologies, and lack of resources and skills had prevented them from pursuing a new digital service or another transformation project that their organisation wanted

·        55 per cent said that their reliance on relational databases “somewhat” limited their ability to implement digital transformation projects, while 17 per cent said “severely.”

·        81 per cent have had a digital transformation project fail, suffer a significant delay, or be scaled back in the last 12 months

·        42 per cent said they were behind schedule, or at risk of falling behind, on their most significant digital transformation project

·        73 per cent said that, while the vast potential of digital projects is often talked about, most of the time they fall short of being genuinely transformational or revolutionary – albeit a fall compared to the previous two years

At the same time, transformation is not slowing down. Ninety-one per cent of respondents said that disruption in their industry has accelerated over the last 12 months, 40 per cent “rapidly.” And organisations plan to spend $30 million on digital transformation projects in the next 12 months, compared to $27 million in the previous 12.

Couchbase CEO Matt Cain said that Digital transformation had reached an inflexion point

“At this pivotal time, it is critical for enterprises to overcome the challenges that have been holding them back for years. Organisations that put the right people and technology in place, and truly drive their digital transformation initiatives, will benefit from market advantages and business returns.”

Organisations are aware of the risks of failing to digitally innovate – 46 per cent fear becoming less relevant in the market if they do not innovate, while 42 per cent say they will lose IT staff to more innovative competitors, making it harder to innovate in the future. As a result, organisations are pressing forward with projects, perhaps dangerously. Seventy-one per cent agree that businesses are fixated on the promise of digital transformation, to the extent that IT teams risk working on projects that may not deliver tangible benefits.

One key to delivering tangible benefits is ensuring that digital transformation strategy is set with the needs of the business in mind. The majority of organisations (52 per cent) still have a digital transformation strategy set by the IT team, meaning the C-suite is not guiding projects and strategy that should have a major impact on the business. At the same time, the primary drivers for transformation are almost all reactive – responding to competitors’ advances, pressure from customers for new services and responding to changes in legislation were each reported by 23 per cent of respondents. Conversely, original ideas from within the business only drive eight per cent of organisations’ transformations.

Cain said: “For companies to succeed with their digital projects and overcome the inherent challenges with these new approaches, they have to attack the projects comprehensively and systemically.”

“Transformation is ultimately achieved when the right combination of organisational commitment and next-generation technology is driven across the entire enterprise as a true strategic imperative, not left in the sole hands of the IT team. The best technology will then help companies enable the customer outcomes they desire.”

 

 

 

Couchbase opens in Manchester

Enterprise-class multi-cloud NoSQL database outfit Couchbase has opened a new facility in Manchester, UK.

The new office, located in the Northern Quarter, will accommodate up to 80 members of Couchbase’s engineering and support teams who will help enterprises such as Tesco, BT and Sky accelerate the innovation of their enterprise-critical applications.

Couchbase intros global partner programme

Inspirational-Flying-Couch-24-With-Additional-Office-Sofa-Ideas-with-Flying-Couch-321x293Couchbase has launched a global partner programme to speed up the adoption of its engagement database tech.

The outfit said it had launched PartnerEngage, to give resellers, consultants, and technology providers a leg-up in harnessing the fast-growing engagement database market.

Couchbase PartnerEngage will allow participants to join Couchbase’s growing ecosystem of more than 150 partners. Offering two levels of participation, Registered and Advanced, partners within both tiers will benefit from enhanced availability and expansion into global markets, maximising joint opportunities.

Couchbase Vice President of Business Development Matt McDonough said that PartnerEngage meant his company was committed to giving customers more integrated solutions and a robust ecosystem of highly skilled and trained partners to assist customers in their adoption of Couchbase.

“We’re committed to supporting our partners by providing them with more content, tools and training to support their revenue streams. PartnerEngage provides a comprehensive strategy to meet the increasing data needs and complexity of one of the fastest- growing segments of the multi-billion dollar database market”, he said.

PartnerEngage will offer a variety of benefits to partners, including dedicated training resources, Sales support, smooth onboarding processes and easy deal registration to speed up the sales process and allow partners to focus on their core business.

McDonough said that PartnerEngage enables solution providers to build a differentiated solution around the emerging Engagement Database market, supporting customer-facing applications and business critical data at scale and in real time. With the Couchbase Data Platform, Couchbase provides an open source enterprise software solution that combines an easy-to-manage platform with unmatched agility and scalability, giving partners a perfectly-targeted proposition to help grow their footprint among enterprise customers.

Carl Olofson, Research Vice President, IDC said that the new Couchbase PartnerEngage programme is a huge opportunity for VARs, SIs, and others in the channel to leverage any data, anywhere as a key enterprise requirement, and as such, we are excited to be a Couchbase partner.

“Integrating erwin DM NoSQL within the Couchbase Data Platform is a win-win for customers who are now able to model, govern and manage unstructured data in the public cloud, on prem, or in hybrid/multi-cloud environments like never before. Many of our enterprise customers are focused on digital transformation, and we are pleased to recommend Couchbase as a catalyst to drive those strategies forward. Finally, the Couchbase Data Platform, which helps tame data complexity and movement, will be a key source for our Data Governance EDGE portfolio.”