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Howard Bruck

Mr. Howard Bruck

Chief Information Officer, HUDSON VALLEY BANK

What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

GLG News by Mr. Howard Bruck, Chief Information Officer

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

Bank Tech Companies - who will be left standing?

September 29, 2009

Mergers: Conflicts Becoming A Core Reality | www.banktechnews.com

7,000 US banks and credit unions represents a lot of customers for the banking technology companies. While banks may be hurting, their technology needs only increases. With so many recent mergers are there too few providers left? Who has the advantage banks or the providers?

Dell/Perot, HP/EDS what's the difference?

September 21, 2009

Dell to buy Perot Systems for $3.9 billion | money.cnn.com

Dell, buying into the notion that hardware is now a commodity and they have already optimized that business, believes they need to diversify. So they buy a large business/technology consulting firm. Do they now bring any more value to the Perot business?

Interesting niche software solutions find ways to sell even in this environment

September 16, 2009

SuccessFactors: Small cap, big plans | money.cnn.com

While core infrastructure, telecom, and enterprise system maintenance revenues have been relatively stable even in this market, discretionary tech spending is challenged.However, tech buying is strong with a few interesting technology solutions that can provide tangible short term benefits.

Missing the boat - deduplication is only one piece of the puzzle

July 27, 2009

EMC outlines where Data Domain will fit | blogs.zdnet.com

The hype around Data Domain that brought it $2.1 Billion, over-emphasized the role of deduplication. The technology is nice, but it is neither unique nor complete.

Desktop virtualization as no-brainer, nearly there

May 13, 2008

Desktop Virtualization Drives Security, Not Just Dollar Savings | www.informationweek.com

Desktop virtualization has always been an enticing proposition, but it was never able to overcome the practical limitations, and more importantly never gained acceptance from the user base.  However, the proliferation and acceptance of browser based applications, proliferation of high capacity networks; improved technology, concerns for security, and the need for cost efficiencies will ultimately lead to wide-spread acceptance and massive deployments.

Big Long Term Impact of Virtualiztion

October 2, 2007

Survey: Most IT Departments Use Virtualization | www.cio.com

The most recent round of virtualization technology has been highlighted by the dynamic emergence of VMware as one of the hottest products around. Of course virtualization has been around a long time both on the mainframe (IBM) and the desktop (Citrix). But why has this latest round of products grabbed so much attention and what are the short and long term implications?

Bank Technology Providers Consolidation: Of Course This Will Continue

September 4, 2007

Mergers: Conflicts Becoming A Core Reality | www.banktechnews.com

The big will continue to get bigger; there is very little doubt about that trend continuing. The question will be who does it better? Financial institutions prefer to buy technology from large established providers. The SOX requirements to demonstrate a significant effort on vendor management drives these financial services firms to reduce the number of providers they do business with. Two questions arise from this trend. Firstly, who will be the winners that make smart acquisitions, integrate the products, realize cost savings, and gain overall market dominance? Secondly, who will be acquired, and at what premium over current market value?

End of Salesforce? I don't think so.

May 29, 2007

Siebel 2.0: The end of Salesforce.com | blogs.zdnet.com

Salesforce fills its niche very well.  It remains true to its original cause and has a large and loyal customer base.  Its not all things to all people, not does it make sense in all CRM opportunities, but there is no competitor out there that is as robust at what it does.  As long as they keep the price highly competitve, they will remain a viable provider.

Yahoo/Microsoft, means more to Yahoo

May 8, 2007

Yahoo shares up on Microsoft talk | news.bbc.co.uk

Yahoo seems to be fading in the rear-view mirror of Google, yet has some features that loyal users still favor.

Google's got its sights on the corporate desktop, so how does Microsoft intend to maintain its dominance.

Can this combination squeeze Google out of its explosive growth path?  I don't think so.

Video Conferencing Ready for Mainstream?

May 2, 2007

Cisco Teams with Fox For TelePresence Product Launch | www.marketingshift.com

Video conferencing has always been a nice idea.  Early experiments prior to 2000 were interesting novelties, but really not very practical.  Over the past several years, only the largest global corporations have had some success using video conferencing in limited scenarios.

Is video conferencing nearly ready for mainstream deployment in corporations?  If so, who will be the major providers of this specialized equipment?

Intuit's financial services focus expands

March 16, 2007

Intuit Launches Online Banking Products | www.banknet360.com

Intuit's recent purchase of Digital Insight, immediately made them a player in the online banking vendor space.

In this fast growing area, there are about a dozen significant competitors, without clear leaders.

For online banking services, large corporates are served by the major banks like Mellon and Bank of America.  On the consumer side, banks offer online banking for competitive reasons and to drive customers to use less costly transactions.

There is a large under-served market with small and medium business (SMB) that represent a very profitable area for banks to gain valuable deposits transaction fees.  Combining Intuit's expertise and name recognition with SMBs, with Digital Insight's online banking base, could help them become a leader in this under-served market.

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