Time for a Change? Manage the Costs
Measuring and calculating the cost of change can affect many of our decisions.
Business Architecture: Critical for Digital Transformation
Some perceive that business architecture and enterprise architecture do not have a place in digital transformation. These perceptions are typically based on misconceptions, including that the business and technology environment changes too fast for architecture to play a role or that architecture slows or constrains the process of transformation. However, when successfully deployed and business value-focused, a business architecture practice is a critical enabler for digital transformation.
Business Architecture: Critical for Digital Transformation
Some perceive that business architecture and enterprise architecture do not have a place in digital transformation. These perceptions are typically based on misconceptions, including that the business and technology environment changes too fast for architecture to play a role or that architecture slows or constrains the process of transformation. However, when successfully deployed and business value-focused, a business architecture practice is a critical enabler for digital transformation.
Walk the Talk: Building Conversational Business Applications
This Advisor considers what kind of architecture is required to support conversational interfaces.
7 Challenges Confronting Enterprise Blockchain Initiatives
Blockchain technology continues to capture considerable interest among organizations and the media. But what are the major issues organizations are encountering in their efforts to adopt blockchain? The latest results from our ongoing survey on blockchain adoption identify seven key issues and concerns organizations said are negatively impacting their blockchain efforts.
3 Habits in Support of the First Pillar of Lean Leadership: Respect for People
The values contained in the House of Lean for the 21st Century give us guidance as to the mindset required to succeed, but it takes concrete practices to bring these values to life. Given that leadership is the foundation of Lean, the effective Lean leader needs to form habits that align to the pillars that support the goal. In this Advisor, we explore the habits needed to build a pillar of respect for people and culture.
Wrap Your Head Around the 3 Types of Contemporary Innovation
Since the business context is continuously changing, an organization’s efforts to innovate cannot be based on rigidly defined goals; instead, they must be driven by a set of guidelines for activities that can produce business value.
The Future of Blockchain
Discover what organizations are doing — or planning to do — with blockchain in this webinar presenting Cutter Consortium's research findings.
The Future of Blockchain
Discover what organizations are doing — or planning to do — with blockchain in this webinar presenting Cutter Consortium's research findings.
EA-Enabled Agile at Scale
To successfully support the adoption of Agile and to scale Agile throughout the enterprise, progressive EA leaders must focus on finding ways to provide just-in-time, relevant, and useful input into the process.
Refining Reconciliation: A Machine Learning Approach to the Financial Industry’s Toughest Task
In this article, we examine different machine learning mechanisms and propose a maximally specific conjunctive approach to fitting massive data sets in the real world of reconciliation. Furthermore, we provide a balanced solution to address the high skewness in reconciliation data sets.
Refining Reconciliation: A Machine Learning Approach to the Financial Industry’s Toughest Task
In this article, we examine different machine learning mechanisms and propose a maximally specific conjunctive approach to fitting massive data sets in the real world of reconciliation. Furthermore, we provide a balanced solution to address the high skewness in reconciliation data sets.
A Robo-Advisor for China: Asset Allocation in Alpha UMa
There are 100 million retail investors in China. However, traditional financial advisors charge a lot, and not all investment advisors are trustworthy. For retail investors, it takes considerable time and knowledge to conduct portfolio management, and it is difficult for most retail investors to offset potential risks due to capital requirements in China. As a result, most of China’s retail investors are not able to gain secured returns in the country’s securities market.
A Robo-Advisor for China: Asset Allocation in Alpha UMa
There are 100 million retail investors in China. However, traditional financial advisors charge a lot, and not all investment advisors are trustworthy. For retail investors, it takes considerable time and knowledge to conduct portfolio management, and it is difficult for most retail investors to offset potential risks due to capital requirements in China. As a result, most of China’s retail investors are not able to gain secured returns in the country’s securities market.
Challenges and Success Factors in Global Test Outsourcing
Nowadays, many companies contract their testing functions out to third-party IT outsourcing companies. This process, referred to as test outsourcing, is common in the industry, yet it is rarely studied in the research community. To bridge this gap, we performed an empirical study on test outsourcing with 10 interviewees and 140 survey respondents. We investigated various research questions and found that customer satisfaction expectations, tight project schedule, and domain unfamiliarity are the top three challenges testers face.
Modernizing Legacy Systems with Machine Intelligence
BlueMorpho is a joint research project between InSigma Hengtian Software Ltd. and Zhejiang University in Hangzhou, China, the goal of which is to empower the legacy system modernization effort and cloud migration. My BlueMorpho colleagues and I believe that about 50%-60% of overall migration costs can be saved with the use of machine intelligence and a new methodology.
Modernizing Legacy Systems with Machine Intelligence
BlueMorpho is a joint research project between InSigma Hengtian Software Ltd. and Zhejiang University in Hangzhou, China, the goal of which is to empower the legacy system modernization effort and cloud migration. My BlueMorpho colleagues and I believe that about 50%-60% of overall migration costs can be saved with the use of machine intelligence and a new methodology.
Wise Crowds, Safe Crowds: Balancing Diversity and Protection in Crowd Investing
Small and medium-sized enterprises (SMEs) represent 99% of the businesses in Europe and are a major source of jobs and innovation. SMEs, however, perpetually face a lack of sufficient funding. Traditional financing mechanisms such as bank loans, venture capital, and angel investments are often not available to many SMEs. Peer-to-peer financing in the form of crowdfunding is increasingly filling a funding gap for companies that are unable to obtain traditional financing or are too early in their lifecycle to attract angel investors and venture capitalists. Indeed, it was predicted the amount of funding received through crowdfunding would exceed venture capital in 2016.
Beyond Fintech: New Frontiers — Opening Statement
This issue focuses on key topics of interest for financial services organizations, namely equity crowdfunding, legacy systems migration, robo-advisors, test outsourcing, and refining the reconciliation process.
Beyond Fintech: New Frontiers — Opening Statement
This issue focuses on key topics of interest for financial services organizations, namely equity crowdfunding, legacy systems migration, robo-advisors, test outsourcing, and refining the reconciliation process.
Solving the Puzzle: Streamlining Regulatory Reporting with Semantic Ontologies
For financial institutions, regulatory reporting has become something of a jigsaw puzzle — one that must be cobbled together into a coherent picture from several boxes into which the pieces from different puzzles have been put over time, for an audience that will never appreciate the pain involved in organizing that picture or the time and manpower required to build it.
An Alternative View: Customer Care Applications
When it comes to IT systems in the customer care area, we keep arriving at the same idea: a trouble ticket reported by a customer and resolved in the scope of a customer care process. We organize all interactions around a process measured by key performance indicators (KPIs) and optimized for efficiency metrics, ignoring the fact that it is not process efficiency that our customers value. This Executive Update provides an alternative: a Semantic Web–based view of customer care solutions.
Digital Disruption of Business Models: The Mass Mitec Story
Today, the raft of truly disruptive and empowering consumer technologies is both unprecedented and, to a large extent, unpredictable in its consequences for businesses of all sizes and for society as a whole. This Executive Update charts the digital transformation of Mass Mitec, a UK-based small-to-medium enterprise, via a disruptive digital technology in the 1990s and uses the story as an illustration of the potential and dangers of digital disruption.
Google Plays Go, Again
Here comes the automation of innovation. Organizations that move quickly and introduce these systems are going to be well placed to gain insights that will give them serious competitive advantages to their more staid competitors.
Influencing Collaboration
This Advisor identifies four actions we can take to encourage others to contribute and collaborate in a group setting.