Trust: the currency of big data sustainability

    Thank you for reading our June 2018 newsletter.

    Another June, another fiscal year-end for Microsoft. I look forward to seeing Microsoft’s financial results. Not because I am a shareholder (I’m not), which I regret given the fact that Microsoft surpassed Alphabet’s market capitalization on May 29th this year.

    I trust that the financial figures of Azure cloud services will look great, although Microsoft will probably not reach their internal targets for Dynamics 365. I do believe the increase will be significant and probably above market average which will result in a larger market share of implemented business applications. If you set your targets unrealistically high it may look bad (internal) but look good (external), at the same time as you beat your competitor’s growth. Read this interesting article on Forbes.com to find out more why Microsoft will hit the $1T market cap 3 years before Alphabet will.

    Coincidence or not I came across the quote of the day on Forbes.com when reading the article. The quote read: “The greater danger for most of us lies not in setting our aim too high and falling short, but in setting our aim too low and achieving our mark”. I doubt whether POTUS would subscribe to that quote from the great Michelangelo.

    It was funny to see the size of the envelope Trump received from Kim Jung Un by the way. Sometimes I do get complaints that my blogs are too long, but apparently Kim writes extremely long letters that they require this size of envelopes. Social media immediately busted on the size of the envelop but I’m sure it contains very interesting information which was transferred in an old-fashioned secure way: the letter. 

    On May 25th the General Data Protection Regulation (European Regulation 2016/679) came into effect. I’m not sure what your personal thoughts are about the regulation but instead of expecting to receive less emails, I only received more! I wonder how Trump was informed about these privacy updates. Could it be that he also received them in old-fashioned and oversized envelopes? 

    As you may know, the IT sector is often filed with buzzwords such as Internet of Things, Digital Transformation, Blockchain, to name a few. Blockchain is a continuously growing list of records, called blocks, that are linked and secured using cryptography. I will save you any further technical details on blockchain, but there’s a certain paradox between blockchain and GDPR. The immutable nature of blockchain networks could break Europe’s new GDPR rules. In some ways GDPR has an opposite effect when it comes to making blockchain architecture GDPR compliant. But when implemented properly, a distributed ledger technology could be part of a solution for compliance. If you want to find our more, I encourage you to read this article on Computerworld.

    Read more of this insightful blog by Eric Veldkamp.

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