Martins Adegoke

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The Imperative for a Proactive and Dynamic Enterprise Security Framework

Obviously the same set of laws that apply to leaders in the financial services industry will also apply to other industries

Since the year 2000, I have been privileged to be a participant at many Oracle Corporation organized training seminars and educational events mainly in Dallas and Austin, Texas. Every session of these educational events has proved, time again that Oracle Corporation initiatives and participation by IT professionals in the trainings and informational events on Oracle evolving technologies have been worthwhile.

The high standards that have been the hallmarks of Oracle Corporation are replicated throughout these training seminars and each session has proved richer; much better organized, and sophisticated educational events, delivering timely and relevant information on Oracle technologies.

However, the recent combination of Oracle + Sun Microsystems technologies has transformed the Corporation into a mega, global IT conglomerate with  huge responsibilities and opportunities for the global IT industry as well as the global flow of commerce and the global marketplace, including possibly, political and social economic consequences for nations.

In essence, the path to chart global technology leadership by Oracle Corporation within IT industry, and for enterprises, while helping to contribute to the smooth running of governments around the world has become more feasible. This Executive Summary on Oracle Corporation in the wake of Sun Microsystems acquisition is an attempt to look into the future of the Corporation and how it can help challenge the IT industry, enterprises and governments around the world and help contribute in pragmatic ways employing thought leadership in the application of proven cutting-edge technology solutions and responsible leadership for enabling secured and efficient business environments.

Now, more than ever before, with the two companies combined as an integrated whole, showcasing a mind boggling, juggernaut array of global IT talents and complete integrated suites of hardware, software and business analytical applications, it promises a yielding of better insights into data analytics and efficient data decision systems for executives and key decision makers at enterprises and governmental institutions.

As governmental organizations and enterprises around the world depend more and more on timely information and data-driven insights to make accurate and sound decisions about how best to run their businesses, in order to deliver profits to shareholders, relying on IT to help meet mission critical decision deadlines as well as helping curtailing security threats to organizations; the creative roles of IT leaders at Oracle Corporation as a result of its Sun Microsystems acquisition will come into sharp focus.

However, first and foremost, the individual contributions and the sense of responsibility displayed by every Oracle Consultant through exemplary leadership, personal discipline, excellent corporate culture and respect for diversities that are in line with universal accepted standards are some of the qualities that would continue to set the Corporation apart and distinctively create Oracle Corporation persona both for the immediate and future role of Oracle Corporation as a technology leader, a pace setter and agenda setter in the global commerce and technology marketplace.

The months and years ahead will prove the real visionary leadership mettle of the Corporation and her consultants if Oracle really has what it takes to challenge corporations, governments and organizations around the world towards new thinking with regards to the adoption of proactive, cutting-edge technologies in streamlining their enterprises' business goals and objectives, creating in the process an agile, efficient and highly performing and responsive organizations while delivering profits to shareholders and meeting the yearnings of various stakeholders as well as the smooth running of governmental institutions around the world.

Again, more than ever before, the stakes are higher for genuine leadership roles from IT leaders among committed businesses leaders and world statesman who value the significance of running modern enterprises with data driven analytics and getting timely information on their fingertips for sound decision making.

Therefore, Oracle Corporation has a unique opportunity with the combination of Sun Microsystems global technology base to differentiate itself as a true global IT leader, by building a truly technology leadership through R&D driven, quality software products and breakthrough, cutting-edge technologies,  coupled with timely, relevant, educational forum and program events target towards IT professionals as well as key business leaders including CEOs across industries, top governments authorities and officials as well as leading statesmen around the world including decision makers at global organizations such as United Nations, World Bank, International Monetary Fund (IMF) etc.

IT leaders, professionals across industries as well as key decision makers at top world body organizations and corporations should find new cutting edge, enterprise technology solutions and new thinking about technology deployments as breakthrough, innovative solutions that are relevant, challenging, provocative and indispensable to the running of their enterprises' business goals and objectives as well as the running of national economies by government officials.

IT roles in modern economy coupled with new breakthroughs in technology becomes much more powerful when combined with timely, relevant, educational and informational forum and program events for leaders around the world helping forming consensus about what are the best ways forward for businesses and governments in the 21st century.

More than ever before, the 21st century global economy is beset with serious threats of security issues and global terrorism with the attendant instabilities that have manifested in various forms of disruptions of national economies from New York to London to Germany to Japan to China and India, etc.

From deadly global terrorists to Internet hackers to money launders, drug traffickers and fraudsters, these prevailing threats and global challenges have turn lethal, threatening global economies and they have become recurrent occurrences staring governments and enterprises in the face from Japan to China to India to Pakistan to Nigeria to Brazil and back to the USA.

However, information access and freedom of speech remain hindered or unreached for the greater number of people in the developing countries. While basic access to broadband and internet technologies have become commonplace in advanced economies, they remain illusory to many in developing countries especially in Africa and Southern American hemisphere.

Yet as 21st century unfolds with rapid technology aiding economic growth with Web 2.0 and Enterprise 2.0 facilitating social communication around the globe and integrating peoples and diverse cultures in a new, interconnected global market-place, millions of people remain totally cut off from this development, unable to make any intelligent decision about day to day activities around them or connect with the global audience and the global market place.

Even, with the rapid integration of global audiences and integration of people, cultures and market places with advances in Internet technologies; Web 2.0 and Enterprise 2.0 are fraught with serious security vulnerabilities. Greedy elements and supposedly responsible online Media gatekeepers that are to guard the identity of members of the respective social media networks in the age of the Web 2.0 can easily compromise members' vital information today.

Democracy, rule of law and freedom of speech have greater chance to grow, probably as never in any millennia as in the twenty-first century with advances in IT, Internet technologies and web infrastructures, resulting in global audiences that are informed, articulate and able to make simple, reasonable and intelligent decisions and choices about issues of the day that affect their lives and their national economies, resulting in robust democracy and unfettered freedom for people all over the world from Africa to Europe to Asia to America to Australia including the rural folks on the fringe-edges of the world.

Yet, if certain part of the world remain cut off from the matching pace of advancement in information technologies as well as global economic development and integration resulting in serious disparities between advanced economies and developing world, or if there are no genuine efforts to seek solutions to the root causes of terrorism and other threats to the global peace, we cannot claim to have a truly interconnected global place for sharing same ideas on issues that confront us a global audience. Worst still, these challenges could potentially lead to instant social unrest resulting in another round of global recession and socio-economic instabilities.

All these represent issues of the 21st century and challenges for all global leaders, including leaders in the IT industry. Yet these issues must be dealt with, getting to the root causes of these social menaces while searching for real, lasting resolutions while we remain vigilant to the threats and serious security issues that have grave social-economic implications for governments and enterprises all over the world.

There is no doubt that IT has contributed in playing tremendous role in confronting the evil developments of terrorism and other serious security threats around the globe while helping speeding global economic developments. However, now, more than ever before, IT leaders will be expected to be more proactive in helping confronting and nipping in the bud, evil perpetrators and clandestine moves through the building and deployment of sophisticated software security solutions such as biometrics at airports, federated national identity solutions, secured software applications for the Internet and mobile devices.

Equally important is the equipping of IT professionals with relevant, modern, new IT skill-sets, so they can become value-added, highly intelligent, more  proactive, more vigilant, security conscious IT professionals trained for the new global security challenges at enterprises and governments around the world. Oracle Corporation and other IT Vendors will be expected to play more constructive and proactive roles in these areas even as 21st century faces new forms of security challenges around the globe.

The unfolding events in the financial services industry since 2007 in the US have made it clear that the sacrosanct role and almost mythical image that our financial institutions and financial services industry leaders acquired in our minds in the past cannot altogether be guaranteed anymore in the light of mismanagement and crash opportunistic tendencies that almost destroyed the US economy recently throwing both the US and the global economy into downward spiral, a near replica of the 1930s recession.

Yet, everyday events have not shown any serious change of heart from the top managers of our financial institutions, considering the important role of financial services industry and its leaders in the recent national economy slump and to the overall health of any national economy.

IT can continue to show more leadership in the financial services industry by helping in the building of highly sophisticated and secured business intelligence applications that promotes transparencies for every transactions that occur in our financial institutions coupled with timely and relevant educational and information seminar events on how executives at financial services industry can take advantage of breakthrough technologies in Service Oriented Architecture (SOA), Virtualization, Cloud computing, etc in modernizing their enterprise IT architecture and business process management thereby reducing redundant dependencies on paper based transactions leading to greater efficiencies across board.

In addition, IT leaders can complement appropriate governmental institutions such as SEC through auditing business applications software that not only enhance accuracies and ensure secured business environment; but that would also help to hold leaders in the financial services industry accountable, ensuring compliances with various national laws and the international Base II Accord with the goal of preventing any repeat of the recklessness and porous risk management practices, a component of factors that led to the recent US economy meltdown.

Obviously the same set of laws that apply to leaders in the financial services industry will also apply to other industries. The end goal is to promote greater transparencies and sustained accountability across industries thereby ensuring sound and resilient economy both in the US and at the global level.

Today, with the myriad of Oracle technologies and resources, almost all of the above areas of global challenges can easily be handled with proper framework and mind-set.  Given genuine leadership spirit and political will on the part of IT leaders at Oracle, a global forum can be created where leaders from major world body organizations and CEOs of major Corporations can come together on a regular basis or at a regional geo-political levels around the world to search for insights and factors based on their respective, unique geo-political experiences on how IT can better enhance and help promote consensus for a global, safer world that are conducive for the enabling of smooth running of governments around the world while enhancing sound business environments for the global enterprises.

The 21st century calls for leadership roles at multi-dimensional levels. Oracle Corporation and the IT industry as a whole can join other leadership organizations around the world to play greater roles than hitherto and as global business players; they can play much more constructive roles than their present levels of engagements at issues affecting governmental institutions and security while helping to build effective and solid foundation for Enterprise Security framework across industries.

Oracle + Sun Microsystems represents a new dawn for Oracle Corporation as a global IT conglomerate and this new feat has established the Corporation as a de facto global IT player and an enabler of global agenda setter in the 21st century in the areas of helping building economic prosperity globally, promoting better governments in every country and the need for deploying IT solutions that enhance global security around the world.

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Martins Adegoke is an independent Information Technology and Services Professional.