Linux Containers Authors: Liz McMillan, Yeshim Deniz, Elizabeth White, Derek Weeks, TJ Randall

Related Topics: Industrial IoT, Java IoT, Microservices Expo, Linux Containers, Agile Computing

Industrial IoT: Blog Feed Post

Corporate Management: Complexity Is Risk

There is risk in everything: complexity and risk is a duality in corporate management

Have you noticed how people that are neck deep in complexity almost always ask for a standardized solution? And they supposedly do this to regain oversight.

And in reverse; have you noticed how people that have everything neatly packed in small modular boxes almost always ask for some highly customized guerilla tactic – which inherently adds complexity?

Well, no matter how you answer both of these questions, you might know that they are really part of another phenomenon, namely they are about risk.

Like particles and waves is a duality in elementary particle physics, so is complexity and risk a duality in corporate management. On the surface there hardly seems to be any overlap in complexity theory and the mathematical formulas of contemporary risk management. For example, think about how risk can be bought and sold like regular merchandise. On the other hand, complexity isn’t perceived as something belonging to the free market in the same sense. Instead, it is more often perceived to be a quality description on the free market itself. This is not incorrect (since the free market is indeed chaotic), but neither is it the entire truth.

Most evidently today is the fact that complexity theory is used in the field of strategic management and organizational studies, and is sometimes called complexity strategy. And ascending even further towards the philosophical foundation of each phenomenon, clearly reveal the same underlying mechanisms for managing both.

Which side are you on?

The amazing, almost perplexing thing about complexity and risk is that for over half a century two completely separate communities of practice (at least that’s how we’re trained to perceive them) in reality has a lot in common. Both communities can be found in every “modern” company today and even though they have co-existed for so long, they haven’t shared notes with each other yet! They themselves speak about a huge and famous gap that lies between them and requires extra-ordinary talent to cross (and like most of everything else that’s also attributed famous, it’s most likely because there are massive amounts of money involved).

In case you’re wondering, I’m talking about the business and technology side of every company in Sweden and around the World.

And what were you taught?

While the curriculum of all renowned business schools naturally includes risk analysis, risk configuration, and risk management, the technologist’s educations are all almost totally void of such topics.

Clarifying the qualifying last statement, I purposefully ignored the probabilistic fault-tree analysis technique, mainly because almost all engineering students seem to think it’s utterly boring – or at least irrelevant compared to … well… every other course. And, as a consequence they forget about it almost immediately after exam, and as such, fault-tree analysis has not enjoyed any success in mainstream companies today.

I’m also ignoring nuclear scientists, who actually are the only branch of technologists that have a sound risk based approach to building complex systems. In fact (and according to Massachusetts Institute of Technology, USA), they actually teach their students about “probability and its applications to reliability, quality control, and risk assessment”!! (I’m restraining myself to two explanations marks, since three exclamations marks in succession, at least according to British classical scholars, means that the author is most likely insane). Further to this, it should come as no surprise that they, the nuclear scientists, also use this acquired knowledge at their workplace all the time (except for disastrous lapses in quality control now and then, most notably in Chernobyl 1986).

A workforce, with such a high understanding of risk, would be very beneficial for mainstream companies. But alas, when have you ever seen a nuclear scientists in the position as your company’s CEO, CTO, CDO, Enterprise Architect or anything similar? They simply seem unwilling to take that particular risk (well, except if you’re an employee at the pan-European research facility CERN, then even the janitor is believed to be a nuclear scientist.)

More Stories By Martin Kaarup

Martin Kaarup began his professional career over a decade ago as a system developer on location-based mobile phone services. During that time he participated as lead developer in pioneering unique state-of-the-art location-based services for the European and Asian markets, such as low-cost fleet-tracking using antenna triangulation and applications for utilizing customer positioning data for demographic use. He also participated in building location based games, such as treasure hunts and country-wide Dungeon & Dragons-based games merging www, wap and sms technologies.

Later, he shifted to the financial sector in Scandinavia where he worked as an enterprise architect building, extending, and delivering advanced fund data solutions and services designed specifically for the pan-European Fund Industry.

Today, Martin is an employee at the Swedish consultants company Avega Group, where he focuses his expertice on consulting companies on strategic and enterprise wide issues.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.

@ThingsExpo Stories
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
SYS-CON Events announced today that Streamlyzer will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Streamlyzer is a powerful analytics for video streaming service that enables video streaming providers to monitor and analyze QoE (Quality-of-Experience) from end-user devices in real time.
Cloud based infrastructure deployment is becoming more and more appealing to customers, from Fortune 500 companies to SMEs due to its pay-as-you-go model. Enterprise storage vendors are able to reach out to these customers by integrating in cloud based deployments; this needs adaptability and interoperability of the products confirming to cloud standards such as OpenStack, CloudStack, or Azure. As compared to off the shelf commodity storage, enterprise storages by its reliability, high-availabil...
The IoT industry is now at a crossroads, between the fast-paced innovation of technologies and the pending mass adoption by global enterprises. The complexity of combining rapidly evolving technologies and the need to establish practices for market acceleration pose a strong challenge to global enterprises as well as IoT vendors. In his session at @ThingsExpo, Clark Smith, senior product manager for Numerex, will discuss how Numerex, as an experienced, established IoT provider, has embraced a ...
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
Donna Yasay, President of HomeGrid Forum, today discussed with a panel of technology peers how certification programs are at the forefront of interoperability, and the answer for vendors looking to keep up with today's growing industry for smart home innovation. "To ensure multi-vendor interoperability, accredited industry certification programs should be used for every product to provide credibility and quality assurance for retail and carrier based customers looking to add ever increasing num...
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
“Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CloudBerry Backup is a leading cross-platform cloud backup and disaster recovery solution integrated with major public cloud services, such as Amazon Web Services, Microsoft Azure and Google Cloud Platform.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, will discuss how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team a...
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
What are the successful IoT innovations from emerging markets? What are the unique challenges and opportunities from these markets? How did the constraints in connectivity among others lead to groundbreaking insights? In her session at @ThingsExpo, Carmen Feliciano, a Principal at AMDG, will answer all these questions and share how you can apply IoT best practices and frameworks from the emerging markets to your own business.
Big Data has been changing the world. IoT fuels the further transformation recently. How are Big Data and IoT related? In his session at @BigDataExpo, Tony Shan, a renowned visionary and thought leader, will explore the interplay of Big Data and IoT. He will anatomize Big Data and IoT separately in terms of what, which, why, where, when, who, how and how much. He will then analyze the relationship between IoT and Big Data, specifically the drilldown of how the 4Vs of Big Data (Volume, Variety,...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here