Ramin Rastin
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Where is IT in 10 yrs
  • Technology
Jun16

Where is IT in 10 yr...

posted by Ramin Rastin

I believe that technology would be in a commonplace and readily available via the cloud that a company’s ability to set itself apart via technology would be fleeting at best, however, I think that systems of engagement and other technologies would be differentiating. I think most technology...

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Enterprise Mobility
  • Technology
Jun15

Enterprise Mobility

posted by Ramin Rastin

While some enterprises will invest in a range of mobility products and services, here are five key areas in particular which I am going to concentrate as a CIO on enterprise mobility in 2014.  Business consulting services. Specifically for defining a formal enterprise mobility...

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Devalue Euro
  • Finance
Jun10

Devalue Euro

posted by Ramin Rastin

The single European currency was expected to smooth the functioning of the European economy. By fixing the nominal exchange rate and eliminating currency risk, the euro would achieve convergence between the euro area’s stronger and weaker economies — the so-called core and periphery....

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Do You Use DevOps or Agile?
  • Technology
Jun07

Do You Use DevOps or...

posted by Ramin Rastin

  DevOps (a portmanteau of development and operations) is a software development method that stresses communication, collaboration and integration between software developers and information technology (IT) professionals.[1] DevOps is a response to the interdependence of software...

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Hadoop!
  • Technology
Jun05

Hadoop!

posted by Ramin Rastin

I have had number of questions on Hadoop, thus I though write this article on explaining what Hadoop is.  Hadoop is a free, Java-based programming framework that supports the processing of large data sets in a distributed computing environment. It is part of the Apache project sponsored by...

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U.S. should increase exposure to Europe!
  • Finance
Jun04

U.S. should increase...

posted by Ramin Rastin

Why the U.S. should want to increase its exposure to Europe, paralyzed by a financial and debt crisis, isn’t immediately obvious. Most economists nowadays tend to focus on how to boost trade with the fast-growing emerging economies, such as Brazil, Mexico and China. Yet trade between...

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Have you ever had to make a decision without all of the information that you needed?
  • Leadership
Jun02

Have you ever had to...

posted by Ramin Rastin

Too many of us like to say that we keep an open mind when we really don’t. In order to be an effective CIO both today and tomorrow, we’re going to need to make sure that we work very hard to make good decisions. This means that we’ve got to realize that we will never have complete...

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CIO = Business transformer
  • Leadership
Jun02

CIO = Business trans...

posted by Ramin Rastin

CIO is the most important senior leader in driving or supporting a business transformation; why is the CIO asked to do so much in what is essentially a business initiative? I have helped and gone thru five stages of a business transformation — discovery, strategy, road map, implementation,...

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Do You Need An Enterprise Architect?
  • Leadership
May29

Do You Need An Enter...

posted by Ramin Rastin

Once you get past all the jargon and sometimes conflicting job descriptions, your enterprise architect is basically the person who understands what the business needs, where it is headed and finds technology to match those needs. They’re the ones in charge of abolishing silos, enhancing...

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Effective CIO!
  • Leadership
May27

Effective CIO!

posted by Ramin Rastin

A CIO is only as effective as his or her IT department will allow him to be. What this means for you is that you can’t leave who gets hired to your HR department. As the person in the CIO position, you are going to have to make sure that you’ve built the IT department that the best and the...

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R U Ready 4 Big-Data?
  • Technology
May22

R U Ready 4 Big-Data...

posted by Ramin Rastin

Your business is complex. Big data promises to manage this complexity to make better decisions. But the technology services that run your business are also complex. Many are too complex to manage easily, fueling more complexity, delays, and downtime. I predict this will inevitably get worse....

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Why IT Cost So Much?
  • Finance
  • Leadership
May20

Why IT Cost So Much?

posted by Ramin Rastin

All too often the rest of the company views the IT department as being a gigantic black hole when it comes to funding. More and more money gets poured into IT every year and yet at the same time the rest of the firm probably feels that they are getting less and less value for that money. The...

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IT vs. Business
  • Technology
May17

IT vs. Business

posted by Ramin Rastin

The ideal business model is one that makes the project self-sustaining either through revenue generation or through cost reduction. Performance-contracting, as one example, embraces the latter. These business models are based on creating efficiencies in enterprise applications and IT...

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Sell Netflix (NFLX)
  • Finance
May13

Sell Netflix (NFLX)

posted by Ramin Rastin

The other day I read the financial reports for Netflix (NFLX) and I think Netflix has clearly reached its top value, due to the fact that, the company is burning through cash and its financial health continues to worsen. Moreover, I believe things will continue to get worse since it is...

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Big Data
  • Technology
May11

Big Data

posted by Ramin Rastin

There is a new approach that leading enterprises and governments are taking today that is significantly simpler, more manageable and empowers companies to share their key data more freely, opening up massive new market opportunities for all. Here’s how American Airline is taking...

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SAP in China
  • Technology
May10

SAP in China

posted by Ramin Rastin

Recently I read a great article in that talked about some of issues SAP has had in China, however, after extensive research I applaud SAP, as is taking the right steps to integrate local requirements and deliver product capabilities that address the some of its issues in China: Solutions...

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What do Your Direct Reports …
  • Leadership
May07

What do Your Direct ...

posted by Ramin Rastin

What do your direct reports say about you! In my career as an executive / CIO and a global technology consultant to C level executives, I have never met an executive who was too intellectually slow to be successful. Most executives have more than enough skill and intelligence to be wildly...

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Currency War Coming?
  • Finance
May06

Currency War Coming?

posted by Ramin Rastin

Expect the European Central Bank (ECB) to be pressed hard to join other central banks in actively seeking to depreciate the currency – by cutting the policy rate (currently 0.75 per cent) and quantitative easing of the type pursued by the Bank of England, the Bank of Japan and the US Federal...

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Best Commercial
  • Technology
May06

Best Commercial

posted by Ramin Rastin

This is one of the best commercials I have seen in a while, Best Commercial

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Think Like a Startup
  • Leadership
May06

Think Like a Startup

posted by Ramin Rastin

It’s been clear for years now that small business startups don’t build massive IT departments and big operations teams. Instead they focus on the capabilities which truly differentiate them in the marketplace – their strategic capabilities. They hire experts in these...

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Big Data!
  • Leadership
  • Technology
May06

Big Data!

posted by Ramin Rastin

Taking a bite-sized approach to Big Data is best. Launching one or a few Big Data pilots doesn’t require a substantial investment of time and money and eliminates the fear of failure that can hold executives back. This is what I did: Learn – learn about the problem or opportunity, prioritize...

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CIO=CMO=Diplomat
  • Leadership
May04

CIO=CMO=Diplomat

posted by Ramin Rastin

With the era of digitization, sales & marketing savvy CIO will articulate the IT vision and service value, identify the key business differentiator, cost cutting opportunities, optimize the supply chain, and improve the business process and customer services. The marketing wisdom of IT...

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Sell Stocks NOW!
  • Finance
May04

Sell Stocks NOW!

posted by Ramin Rastin

I believe that central banks have been compelled to undertake unconventional measures, things they haven’t done before, because other policymakers are not stepping up to take responsibility on the fiscal side. This central bank activism can be risky. For example, the more liquidity a central...

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My 2 Cents in Financial Markets
  • Finance
May01

My 2 Cents in Financ...

posted by Ramin Rastin

We all know, Facebook was one of  well talked about IPOs, and understandably so. The company has over 900 million users around the world, is a leader and a major disrupter and, as such, continues to redefine not only social networking but also a growing number of people’s interactions...

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Are You?
  • Leadership
Apr29

Are You?

posted by Ramin Rastin

Potentially anyone can become a CIO. Only a very few can become a great CIO. The difference between the two types of CIOs comes down to one word – leadership. When you become CIO, you will also become a split-personality. One part of you will be focused on creating and maintaining successful...

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Too Late 4 Facebook?
  • Finance
  • Technology
Apr27

Too Late 4 Facebook?

posted by Ramin Rastin

I just read in a trade and Financial magazine Facebook just made it much easier for advertisers to target the folks who still use “feature” phones – or we IT people call them Non-Smart PHones. That seems like a sensible move. In my opinion much of Facebook’s growth, in terms of users at...

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Virtual Currency is the NEXT Big thing!
  • Finance
  • Technology
Apr24

Virtual Currency is ...

posted by Ramin Rastin

Bitcoin is essentially a digital currency – a form of money stored in an owner’s online “virtual wallet”, free from the control of governments or central banks. It was released in 2009 by someone going by the pseudonym of Satoshi Nakamoto who wanted a virtual currency that was unrestrained by...

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Disable Java
  • Technology
Apr23

Disable Java

posted by Ramin Rastin

Some security problems are really hard to fix. Java, a programming language used by most computers and browsers, is about as secure as a paper mache bank vault and it acts as an open door into your computer. My solution: Throw it overboard and don’t give it a second thought. The bad guys have...

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Empowerment!
  • Leadership
Apr23

Empowerment!

posted by Ramin Rastin

At home, we get social, mobile, video, and cloud services pitched to us 24×7. Facebook, Android, iPad, Foursquare, Google, YouTube, Office Web Apps, Twitter. The list is endless and growing every single day. Empowering technologies like these will always come to consumers first. Why?...

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Fire Yourself!
  • Leadership
Apr22

Fire Yourself!

posted by Ramin Rastin

Ask anyone where they work, and they will tell you what company they work for and then perhaps add their role.  But all too often this is not the case in IT. “I work in IT as a programmer” is a more familiar response. The challenge is that IT professionals too often see themselves...

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My 3 Predictions as a CIO
  • Leadership
  • Technology
Apr21

My 3 Predictions as ...

posted by Ramin Rastin

Digital currency will turn retail and financial services on its head, eventually. Digital currency fascinates me, especially the enigmatic Bitcoin creator and its so far unbreakable code. Also the way you have to mine for more coins is very interesting. Whether or not Bitcoin succeeds as the...

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Venture Capitalist as CIO
  • Leadership
  • Technology
Apr19

Venture Capitalist a...

posted by Ramin Rastin

I believe the CIO of the future may look a lot like a venture capitalist—maintaining principles for what makes a solid investment, defining the boundaries upon which deals will be conducted, and driving funding, staffing and strategic support based on often-changing needs and the emerging...

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CIO, The custodian of Data!
  • Leadership
  • Technology
Apr18

CIO, The custodian o...

posted by Ramin Rastin

“As CIO, I am able to leverage tools to mine data and sit in an advisory role for the business. That’s transformational, and that’s what business is looking for in these times. I can partner with the business to create unique opportunity to differentiate the organization with customers.” —...

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CEO & CIO?
  • Finance
  • Leadership
  • Technology
Apr18

CEO & CIO?

posted by Ramin Rastin

Why don’t more companies operate with IT at the center of discussions and reap the resulting transformational benefits? Whether or not a company is maximizing the talent of the CIO and harnessing the unbridled power of technology often depends on two factors: 1) is the CEO a champion of IT?...

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CIO – A Business Partner!
  • Leadership
Apr18

CIO – A Busine...

posted by Ramin Rastin

Clearly the CIOs have an image problem – we’re seen as being the kings and queens of “NO”. What we need to understand is that the real world is not black and white: when we are asked to do something, we can’t shoot from the hip and just come up with yes or no reply. Instead, we need to start...

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Big Data and How I use it
  • Technology
Apr17

Big Data and How I u...

posted by Ramin Rastin

What role would Big Data play? Well, for instance, a pharmaceutical company might want to identify the top 100 opinion-makers in the pharmaceutical world. To do so, it could crawl the web and go to millions of pages related to the industry, ingesting the data while weeding out anything...

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What I Would do if I were CIO of …. Airline
  • Leadership
Apr17

What I Would do if I...

posted by Ramin Rastin

Here in the IT sector we spend a lot of our time talking about the challenges of aligning what the IT department does with what the rest of the company needs. Just when we think that we’re making some progress in this area, events like the ones that are unfolding over at a certain airline...

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CIO’s Need To Take Action On Social Media
  • Leadership
Apr15

CIO’s Need To ...

posted by Ramin Rastin

Social media has arrived and it’s not going to be going away anytime soon. The most important thing that you need to be aware of when you are in the CIO position is that you can’t control social media – it’s bigger than you are. What you do need to understand is why your company is going to...

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IT an object of mystery!
  • Leadership
Apr12

IT an object of myst...

posted by Ramin Rastin

In many companies, the IT department can appear to be an object of mystery. A lot of money gets spent on it and yet the value that it delivers may not be clear to the rest of the company. No matter what part of the IT sector you work in, as the CIO, it’s going to be your job to fix this...

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Personal cloud vs. Business Cloud
  • Technology
Apr10

Personal cloud vs. B...

posted by Ramin Rastin

Quick question: what is the #1 job of a CIO? Hmm, good question, eh? Although this should really be part of the definition of information technology, I’m pretty sure that we could sit around and debate just exactly what is the #1 job of a CIO all day; however, I’m also pretty sure that we...

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alignment align tech big data business business alignment business executives business information business intelligence business it alignment business outcomes business process business strategy business value ceo CFO cio clear communication cloud cloud-based apps cloud-friendly cloud computing compliance cost decision making processes digital Disruption environment Facebook finance innovation IT Transformation miscommunications misunderstandings performance Ramin Rastin SaaS SAP security social Media Software as a Service Stock Market Stocks strategy talking transparency True Leader

My Thoughts As A CIO

I am always asked for my advice on how I am leading a large and sizeable Information Technology department in these turbulent economic times, in practical terms, a CIO (IT) has to be as much a business process manager as a technology manager.

IT affects virtually every aspect of company operations today. Because of this, understanding where technology can improve a business process, streamline operations and consolidate functionality and resources across business units, or get new customers, for example, is vital. In order to understand this, today's TOP IT Executives like me have to know where the company gets its parts and pieces, and how those things are processed into a product or service someone will buy.

I as a CIO must have command of what are the basic business processes and how they map to IT. I take a leadership position around helping the organization optimize its business processes; leveraging technology and being both champion, visionary and a leader but that requires good alignment between IT and rest of the business.

As a Top IT Executive you have to be “hungry for change” first. An IT Exec is uniquely positioned to be the major business transformation driver for his/her enterprises. We have a special visibility across the enterprise with an understanding of the core processes and information that make the organization tick. We need to be a catalyst for change across the enterprise and, change will require flexible, extendible IT infrastructures to respond to rapid and constant change. So, approaches like SOA, open standards, virtualization and consolidation, converged communications, cloud computing, multi-sourcing and shared services gain new appeal in this environment. Change also brings risk and our jobs are all about managing and minimizing risks so, enhanced risk mitigation, business resiliency, security, and service management initiatives will be a key to success.

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