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Wednesday, March 15, 2006

Regarding technology, first take a look at home

During the technology panel today, the message was "first, take a look at what you have in house, then go out shopping".

John Pyrik said that before buying any solutions out there, institutions should take into account the resources that they already have handy, as over-the-counter software, that you can utilize for your due diligence.

But another important message was definitely what I would call the oil for the car. If you don't put oil in your car, it won't work. The same idea applies to data. If your data integrity is not good, what comes up won't be good either. You can work with the best technology and software of all, but they need their fuel to work, and it has to be clean.

So before working on technology, go ahead an take a look at home: evaluate your software and your data before heading out to shop.

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