Information explosion swamping Irish business

New book advocates different approach to information management

Dublin, 25th July, 2013: Irish organisations are being swamped by the volumes of information now available to them. This was stated by Declan O’Brien, BearingPoint Ireland at the launch of a new book on information management in Dublin today.

“The digital revolution has exacerbated the challenge with today’s volumes of information exceeding current ability to manage it,” said Mr. O’Brien. “New practices need to be implemented to extract and transform the information required to manage organisations effectively.”

Declan O’Brien was speaking in Dublin at an Irish Computer Society (ICS) / Global IT Architects Association (IASA) seminar where a new book, “Information Development Using MIKE2.0” was launched in Ireland. “Techniques such as MIKE2.0 will play a key role in taming the information beast,” he said. Co-authors of the book include Andreas Rindler and Sven Mueller of BearingPoint.

The book argues that information is arguably the most important resource available to business and society. It proposes that, “With the right information, organisations can compete more effectively, governments can identify those most in need, and consumers can make better personal choices. But the sheer volume of information created by the digital age threatens to render it useless unless it is properly harnessed”.

Mr. O’Brien, an IASA certified professional Architect, added that the book, Information Development Using MIKE2.0 presents a new way of looking at how information is used inside organisations so that it can be developed and leveraged as opposed to just being stored. “MIKE (Method for an Integrated Knowledge Environment) provides a common method and architecture to turn disparate sources of data into usable and accessible information.”

BearingPoint launched the MIKE2.0 methodology in 2006. “MIKE2.0 provides the open source face of BearingPoint’s IM advisory services and is a key differentiator for us,” commented Mr. O’Brien. This is supported by software including ABACUS/Da Vinci to facilitate more effective bank supervisory and regulatory reporting and HyperCube which analyses ‘Big Data’ to help companies identify opportunities and reduce operational risk.

Commenting on the book Andy Mulholland (Henley Business School and former top 25 most influential CTOs in the world – InfoWorld USA) said “Make sure you read it before your auditors or compliance managers do.”

Jim Gregg, Professional Development Consultant, Irish Computer Society commented, “The objective of our partnership with IASA Ireland is to ensure that IT architects have the skills and capabilities needed to grow professionally and deliver value to their business. Irish Computer Society training courses and events such as this play a major role in achieving that objective. All IT architects will benefit from exposure to techniques such as MIKE2.0.”

For further information on the book please visit MGA Book Release Announcement: “Information Development Using MIKE2.0”. The book is available in major book stores (Amazon US, Amazon UK, Barnes & Noble) and in all e-book stores (e.g. Kindle, Nook).

About BearingPoint

BearingPoint consultants understand that the world of business changes constantly and that the resulting complexities demand intelligent and adaptive solutions. Our clients, whether in commercial or financial industries or in government, experience real results when they work with us. We combine industry, operational and technology skills with relevant proprietary and other assets in order to tailor solutions for each client’s individual challenges. This adaptive approach is at the heart of our culture and has led to long-standing relationships with many of the world’s leading companies and organizations. Our 3500 people, together with our global consulting network serve clients in more than 70 countries and engage with them for measurable results and long-lasting success.

For more information, please visit: www.bearingpoint.com