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The concept of "think globally, act locally" has new meaning in the context of business organization risk from IoT, the cloud and other networked information system functions. The local instances of information functions on which businesses increasingly rely are part of data and identity “supply chains” that are hybrids of technology and policy that are themselves increasingly part of vast global networks where individual businesses often perceive a loss of leverage and control and increased risk. In effect, federated and cloud based data and identity functions are enabling these functions to be outsourced, like shipping, payroll, accounting and other company functions that have previously been outsourced to global networks.
The concept of "think globally, act locally" has new meaning in the context of business organization risk from IoT, the cloud and other networked information system functions. The local instances of information functions on which businesses increasingly rely are part of data and identity “supply chains” that are hybrids of technology and policy that are themselves increasingly part of vast global networks where individual businesses often perceive a loss of leverage and control and increased risk. In effect, federated and cloud based data and identity functions are enabling these functions to be outsourced, like shipping, payroll, accounting and other company functions that have previously been outsourced to global networks.
