This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

The Digital Skeptic: Big Business Big Data Is in Big Trouble

NEW YORK ( TheStreet) -- Simon Aspinall is pretty darn sure selling big data to big businesses is not going to be much of a business at all.

"I don't think a lot of people have gotten there yet," Aspinall, chief marketing officer for Bethesda, Md.-based enterprise software firm Virtustream, told me a few months back. "But the corporate IT market is about to get a whole lot smaller."


Aspinall and I have been having a series of deep-think chats about the fast-changing market for how big companies manage their ever-growing piles of information, software and hardware. He's my kind of corporate insider -- over his 20-some-odd-year career, including a long stint at Cisco (CSCO), he's become an expert in getting the word out to impossible-to-spin big company chief technology officers.

His latest message? Expect the unexpected when it comes to big businesses using the technologies that built the Internet to manage vast stores of company information.

"Corporate data is becoming increasingly virtual. That means it can be placed anywhere," he explained. "it can be stored off-site or partially outsourced to other companies. Entire services can be outsourced."

Aspinall says as this virtualization wave breaks, it won't be the copy of Microsoft (MSFT) Word or the Dell (DELL) PC or the Apple (AAPL) iPhone -- or even the Google (GOOG) Chrome browser -- that will matter.

What will matter will be the "task."


"What software you run or laptop you use will not be the issue. It will be the task someone is trying to achieve that will matter," he said. "Once you think in terms of tasks, vast amounts of value can be unlocked."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7870 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs