Next generation mobile bank Current is on a mission to make financial services accessible and affordable for all. Current CTO Trevor Marshall joined Jeff Cotrupe for a conversation about how the company is working with MongoDB and Google Cloud to translate that lofty goal into decisive action that has the potential to stand the financial services industry on its head. Learn more on the MongoDB Blog.
Now available on demand: How Legacy Modernization Can Help You Capture Your Share of $100 Trillion.
This video presentation talks about how your organization should be positioned to contend for its share of that $100 trillion, and what’s holding you back. What legacy modernization is — and isn’t. How leaders such as Travelers Insurance and Cisco have achieved substantial quantified results by modernizing their legacy data estates, including:
- $2.0+ million in savings through improved developer productivity
- 100x improvement in uptime
- 5x improvement in site performance
- 98% reduction in response time
- 75% increase in developer prod coupled with an equivalent reduction in cost
- Taking new business applications and projects live in one month instead of nine
Jeff Cotrupe has launched the Business Agility initiative at MongoDB, and as shown above, it joins the company’s three existing initiatives: Legacy Modernization, Data as a Service, and Cloud Strategy. These initiatives combine people, processes, and technology to help companies implement digital transformation.
Achieving business agility is not optional for companies today. It is essential for organizations to survive amidst rapidly-changing markets, customer requirements, and competitive landscapes, where competitors are using data to disrupt entire industries. The good news is that MongoDB understands the challenges companies face and is helping them create competitive advantage, accelerate time to value, and reduce TCO and risk. Becoming an agile organization is enabling MongoDB customers to build new business functionality 3-5x faster, scale to millions of users wherever they are at any moment, and slash costs by 70% or more.
Cotrupe is a member of the Product Marketing team responsible for driving solutions marketing and GTM content positioning UVP of product/services portfolio to a senior audience; and is part of a globally distributed team reporting to Senior Director, Products and Solutions, based in London. “Everyone I have met at MongoDB is a strong individual contributor,” Cotrupe said, “but it is through exceptional teamwork that we truly unleash the power of our combined contributions. My boss, Mat Keep, teammate Eric Holzhauer, Seong Park, who leads product marketing and developer advocacy, and colleagues from the Professional Services team, Jon Rangel and Brad Jacobs, deserve a great deal of thanks and credit for expert content review and input to optimize the impact of this initiative.”
Cotrupe’s product marketing and sales enablement content creation in support of the business agility initiative thus far includes Web content; a customer ready presentation; a series of 13 sales training videos and accompanying quiz questions; pipeline generation emails crafted for specific department and title targets; a white paper on achieving business agility; and a datasheet on how MongoDB’s Professional Services organization works with clients to build an Innovation Accelerator and provides them with Innovation Solution Kits to accelerate application development and optimize their development teams and processes going forward. Cotrupe is continuing to develop a range of other content and programs in support of business agility.
Jeff Cotrupe has joined the Product Marketing team at MongoDB as Senior Solutions Marketing Manager, responsible for driving solutions marketing and GTM content positioning UVP of product/services portfolio to a senior audience. Jeff is a core part of an energetic and globally distributed team reporting to Senior Director, Products and Solutions, based in the UK. MongoDB is the first database company to go public in more than two decades (NASDAQ: $MDB), its business growing at ~50% YoY, with the technology and vision to take on the multibillion-dollar incumbents as it disrupts and reshapes an entire industry.
“As an analyst I had forecast a total market opportunity of $67.89 billion in big data and analytics by 2019, growing to nearly $111 billion by 2022,” said Cotrupe. “I am excited to be at a truly global company capturing a sizable and growing share of that opportunity!”
The Retail Death Star (a euphemism for whoever you think it is) has such a glowing reputation for its acumen with data that other companies clamor to know how the Death Star does it. Personal experience suggests myth does not match reality…and two rising stars signal that e-commerce just got a LOT more competitive. Read the full piece here.
IDG’s Infoworld has published Jeff Cotrupe’s blog post, The wonders of AI—or the shortcomings of search? “AI fires the imagination with visions of driverless cars and pilotless planes, and intelligence that is not merely artificial but increasingly alternative: machines imbued with so much human capacity that they can think for themselves—and, while we’re not really looking—for us,” said Cotrupe in the piece. “Much of the value AI is delivering today, however, is far removed from the dare-I-say-sexy AI activities described above.” AI cuts through the clutter, he said, to provide not endless pages of search results to wade through, but with specific recommendations tailored to you as the seeker of knowledge—or simply as the seeker of where to find the best Chicago-style pizza while away from home on a business trip.(!) “AI also means not having to search,” said Cotrupe, presenting you with choices (or content, or opportunities) you didn’t ask for—that you didn’t have to ask for. That predictive capability is a clear differentiator.
While both questioning and extolling the virtues of AI, however, Cotrupe has a warning for readers of the piece: “A quiet voice in a corner of my consciousness says…we should proceed with caution.”
“When it comes to real-time analytics, feeds and speeds are important, but the key point is this: if an organization has any employee, anywhere, who needs to take an important action but cannot because he or she is ‘waiting for data,’ the organization needs faster data,” said Jeff Cotrupe in a recent Stratecast report. The report, Everyone Wants “Real-time Analytic Insights”–but Which Architecture Will Get You There?, asserts that broad agreement exists that real-time analytics are essential to the survival and prosperity of the organization. In particular, financial markets, adtech, cybersecurity, and others now find themselves competing in ‘the millisecond economy,’ where survival is no longer possible without putting the freshest insights at the fingertips of their people.
Hyperbole and a lack of clarity about what to deploy, however, represent significant barriers to entry. The array of technology choices, the lack of clarity around those choices, and the organizational positioning and politics surrounding those choices constitute a barrier to adoption—creating confusion and indecision in the marketplace.
The report equips organizations to make the right decisions in this environment by analyzing Apache open source technologies that form the foundation of many real-time analytics deployments today; optimal architectures for real-time analytics; and strategies of some of the companies Cotrupe and Stratecast consider the leading providers in the space–and offers definitive recommendations on how buyers should proceed.
Jeff Cotrupe’s report, Innovating Financial Services in the Big Data Era, outlines the challenges and opportunities financial institutions face in 2018 and beyond. The analysis includes how these companies are evolving alongside emerging data trends; the ROI they are obtaining from actionable analytics; where spending is occurring today; and where it needs to be focused going forward. Technologies and issues analyzed include AI, blockchain, privacy and the GDPR, security, the IoT, data governance, risk management, and compliance. The analysis also includes case study snapshots of best practices in the industry at Barclays Bank, VISA, Wells Fargo, BNY Mellon, EY, Allstate, and Cheyne Capital.
The report is featured in media articles including in Fintech Innovation (Effective big data analytics management crucial for FSI growth) and in CXO Today (How Big Data Is Changing Banking And Finance), and is generating significant activity on Twitter and LinkedIn.
Jeff Cotrupe served as event chair, speaker, and panel moderator at AI Expo 29-30 November in Santa Clara, California, co-located with IoT and Blockchain expos. Cotrupe presented Chair’s Welcome and Opening Comments both days; led a Day 1 panel titled AI for Social Good; and led the Day 2 Keynote Panel (pictured above) titled Realities of Bot and VA Development and Implementation.
Cotrupe’s day 2 opening comments presented findings pertinent to AI from Stratecast’s 2017 Survey of the fast-growing big data and analytics market; discussed the economic and customer experience implications of AI; and challenged the audience to build better bots by avoiding common pitfalls and following specific best practices.
The Keynote Panel, with Cotrupe (LinkedIn/Twitter) as moderator, featured panelists Ofer Ronen, Team Lead, Chatbase (LinkedIn/Twitter), a startup in Google’s Area 120 innovation incubator; Peter Buchroithner, CEO and Co-Founder, Swell (LinkedIn/Twitter), an engagement engine for brands in messenger communities; and Henry Duong, CTO, DiagnosisAI (LinkedIn/Twitter), an AI-based medical company designed to improve access to healthcare. More information on the Keynote Panel appears here, and the Day 1 and Day 2 links above now also include audio recordings of all sessions for on-demand access to event content.
AI Expo North America 2017 has selected Jeff Cotrupe as an event Chair for its upcoming conference in November just after the US Thanksgiving holiday. The event, co-located and concurrent with the Blockchain and IoT Tech expos, will occur 29-30 November 2017 at the Santa Clara Convention Center, Santa Clara, California, USA.
“Artificial intelligence, machine learning, the Internet of Things, and blockchain are fast becoming integral parts of the world in which we live and work,” said Cotrupe. “It is an honor to be involved with this multi-faceted conference and I will be focusing, in part, on how AI both leverages data and contributes to the overall big data and analytics (BDA) ecosystem.”