UPDATED 19:38 EDT / SEPTEMBER 28 2016

NEWS

The higher-tech food chain: Companies better enter the Digital Age — or else | #BigDataNYC

Big Data and digitization are more than just optional assists to today’s businesses. They are so key, some say that companies who fail to adopt them face an existential threat. And it’s not just traditional companies who have to get on the ball — just as the bar is rising for them, it is too for tech-native companies, who are also vulnerable to disruption by higher-tech companies.

Rob Thomas, GM of Products, IBM Analytics, at IBM, recently penned an article ironically titled “The End of Tech Companies.” Instead of forecasting a return to traditional business models, he does just the opposite. “Either you’re going to be a tech company, or you’re going to be extinct,” he said, explaining that in coming years, the adjective “tech” will simply be redundant.

He told Dave Vellante (@dvellante) and Jeff Frick (@JeffFrick), co-hosts of theCUBE, from the SiliconANGLE Media team, during BigDataNYC 2016 that even digital-native companies will be disrupting each other with ever more-advanced technology.

Sink or swim for IT teams

Thomas predicted that the goal posts for IT teams will move, knocking down jobs in the process. “And so you’re going to see a big shift in skills,” he said.

He added that instead of replacing jobs, new technology will transform them and alter what bosses expect from the people who fill them.

“You take all the traditional IT jobs — I think over the next decade probably half of those jobs will probably go away. But they’re replaced by a new set of capabilities around data science and machine learning and advanced analytics — things that are leveraging cognitive capabilities, but doing it with human focus as well,” he said.

Thomas said that with IBM’s DataWorks (IBM’s answer to cognitive data demand), “We’re going to provide them a platform that automates the process of doing a lot of these analytics.”

Watch the complete video interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of BigDataNYC 2016.

Photo by SiliconANGLE

A message from John Furrier, co-founder of SiliconANGLE:

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.

  • 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
  • 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.