“Sadin on Digital” episodes explore the fast-changing and high-stakes world of digital business. Wayne Sadin and I focus in particular on what CEOs and boards must do to lead their companies successfully into the Digital Age. Today, we discuss the Colonial Pipeline wake-up call, why hacks in OT systems can kill people, and more.
The Big Themes:
- The Colonial Pipeline hack: Wake-up call for boards and C-Suites. I’ve worked in utilities industry several times, and a hack in your OT system can kill people.
- Industry networks are not new: Banks have been ‘clearing’ checks and ‘settling’ securities trades for hundreds of years. Remember “Bank Americard.” But these new industry clouds take industry networks to completely new levels.
- Sadin’s Law of industry differentiation (80-10-10 Rule): It’s about process, not system application. 80% horizontal process, 10% industry jargon, 10% organizational culture and practice.
- Channel conflict looming: For every dollar spent on software you spend three dollars implementing it. VARs/ISVs have been valuable channel partners for decades.
The Big Quote: “It’s been a great time to be in this business. And it’s a wonderful time to be a consumer of all this stuff.”
You can also stream this episode in audio-only format:
Cloud Wars Live Digital All-Stars
Wayne Sadin is one of our regular Digital All-Stars. The All-Stars are experts whose video podcasts will focus on the critical themes shaping (and re-shaping!) the business world here in the digital age of 2021. Our intention is to provide regular chunks of timely ideas and insights from industry veterans with diverse backgrounds.
This episode is brought to you by BMC Software.