CIO JP Rangaswami explains how open source became a corporate IT strategy at investment bank DrKW & why CIOs should consider open source for major software development initiatives.
JP Rangaswami is CIO of Global Services at BT. At the time of this recording, Mr. Rangaswami was CIO of Dresdner Kleinwort Wasserstein investment bank. JP blogs at www.confusedofcalcutta.com, where he writes about IPR and DRM, opensource, agile methods and identity; Waters magazine named him top CIO of the year in 2003.
This presentation was recorded at a private summit for architects held in London, UK, in late 2005. The summit was organized by Alexis Richardson, Floyd Marinescu, Rod Johnson, John Davies, and Steve Ross-Talbot.
In many cases JP was the reason people wanted to work for DrKB, he was the man behind OpenAdaptor released in 2001. He was driving open source in the bank before most people knew what it was. He stopped paying Microsoft and bought hundreds of Macs for his developers. The developers left other banks to work under JP. Because he had such high quality staff he was able to reduce head count and effectively cost.
You really need to watch this if you're into open source or work for a bank.
- Three pieces of advice for architects: Don't actually write an enterprise architecture, it's too controlling and stifling ("I'm proudly accused of not having one"), don't write hard policies & guidelines ("you must [instead] have principles that are flexible"), engage with the teams ("The architect is the de facto project manager. It is not an ivory tower job.").
- Cameron asks, "What are the biggest factors that contribute to project failure?" Without hesitation, JP says, "an unwillingness to say 'no' to the customer."
- Unbelivably, a thought provoking message....