Follow the Leaders: The Hub Economy Sets Its Sights on Southeast Asia

Karippur Nanda Kumar

As the population of Southeast Asia grows exponentially, so does the reliance on smartphones and the Internet. This expansion of ecommerce is proving irresistible to the major technology players, which are jockeying for position at the top. This leaves little room for smaller players in banking, retail, transportation, and other services. Enterprises from Southeast Asia need to catch up with technological advancements and plan for the future as digitization becomes a top priority.


The Agile Leadership Canvas

Jesse Fewell

In this Advisor, I introduce the Agile Leadership Canvas, a rubric for guiding the Agile transformation conversation.


Changing Business Models of Incumbent Insurers

Andreas Zolnowski, Markus Warg

By implementing a service platform, our case study company combined complementary capabilities and resources from its existing business with insurtech capabilities — an essential part of the digitization of the insurance company.


Is the Sky the Limit? Following the Path of AI and ML

Curt Hall

AI, in all its various forms — machine learning (ML), natural language processing (NLP), speech recognition, cognitive systems, intelligent agents, chatbots, and robotics — is generating intense interest across every industry. In effect, AI has sparked what can only be described as an explosion in technological innovation worldwide — innovation that is going to accelerate throughout the foreseeable future.


Changing Course: A Modern DCMF Model

Jagdish Bhandarkar, Namratha Rao

Endowing the old change management frameworks with the additional dimensions of technology and innovation could help change a company’s course. Along with process, people, leadership, and business, a new-age digital change management framework (DCMF) should emphasize developments in technology and innovation as well.


Innovation — Why is it Hard on the Brain?

Michael Roberto

Many large organizations have become enamored with design thinking in recent years. Why the infatuation? In this on-demand webinar, you'll discover the challenges and pitfalls associated with adopting design thinking and learn how to overcome these challenges in your organization.


Using BDFAB as the Roadmap to Big Data Adoption

Bhuvan Unhelkar

Practical application of big data requires a pathway that shows the activities and threads (or lanes) for actual implementation. The Big Data Framework for Agile Business (BDFAB) contains roles, deliverables, and business parameters that provide a sound basis for big data adoption.


The Cutter Pod, Episode 2: Managing in the Age of Transparency: The Puddle Fallacy

Robert Austin

In this episode of The Cutter Pod, Cutter Consortium Fellow Rob Austin talks about — and tells stories of — the impact that a once-unimaginable volume of data flowing around via the web can have on organizations and individuals, and he offers advice to business technology leaders about how they can manage both the positive and negative consequences.


The Cutter Pod, Episode 2: Managing in the Age of Transparency: The Puddle Fallacy

Robert Austin

In this episode of The Cutter Pod, Cutter Consortium Fellow Rob Austin talks about — and tells stories of — the impact that a once-unimaginable volume of data flowing around via the web can have on organizations and individuals, and he offers advice to business technology leaders about how they can manage both the positive and negative consequences.


The Era of the Hub Economy

Karim Lakhani

HBS Professor and Cutter Fellow Karim Lakhani highlights how a small number of “hub firms,” such as Amazon, Alibaba, Facebook, Google, Apple, and Microsoft, are dominating and disrupting traditional businesses by leveraging their network-based strength to gain market share. Lakhani offers advice on competing with these hub firms and laments the need to examine future prospects in the context of the hub economy.


Organizations See Clearly Through the Fog

Giti Javidi, Ehsan Sheybani, Lila Rajabion

Big data is not going anywhere soon. In the next few years, businesses of all sizes will be using some form of data analytics to make business decisions. More­over, as the Internet of Things (IoT) becomes more widespread, high-speed data processing, analytics, and reduced response times will be deemed more critical than ever. Meeting these requirements through the current centralized, cloud-based model faces a multitude of challenges. This is where fog computing can enhance and complement the cloud.


Business Technology Trends and Predictions, 2018 — Opening Statement

Cutter Team

As we do each year, we asked Cutter’s team of experts to weigh in on some of the technologies, trends, and strategies that will truly make waves in the months to come. We hope the articles in this issue of Cutter Business Technology Journal help clarify your organization’s path forward in today’s digital economy.


Business Technology Trends and Predictions, 2018 — Opening Statement

Cutter Team

As we do each year, we asked Cutter’s team of experts to weigh in on some of the technologies, trends, and strategies that will truly make waves in the months to come. We hope the articles in this issue of Cutter Business Technology Journal help clarify your organization’s path forward in today’s digital economy.


Data Democratization: Why You Need It and How to Achieve It

Vince Kellen

Cutter Consortium Members Only: Discuss why and how data democratization can enable your organization to perform better. Get specific guidance. Share your experiences with other Cutter members.


Semantic Ontologies: Be the Shepherd, Not the Sheep

Dean Crowley, Oliver Browne

Dean Crowley and Oliver Browne stress the importance of the adoption of an industry-wide ontological standard within the financial industry. They believe this will prove useful for streamlining the reporting process and enabling an improved customer experience. The authors also feel that those organizations using an ontology will secure a competitive advantage over those who choose not to adopt one.


Semantic Ontologies: Be the Shepherd, Not the Sheep

Dean Crowley, Oliver Browne

Dean Crowley and Oliver Browne stress the importance of the adoption of an industry-wide ontological standard within the financial industry. They believe this will prove useful for streamlining the reporting process and enabling an improved customer experience. The authors also feel that those organizations using an ontology will secure a competitive advantage over those who choose not to adopt one.


The Year of Data Governance?

Claude Baudoin

Data governance, although not a new practice, is more critical than ever, according to Cutter Senior Consultant Claude Baudoin. A recent increase in privacy breaches, Internet of Things (IoT) data generation, and data residency challenges enforces the urgency to prioritize and address vulnerabilities and formulate a governance plan to responsibly manage enterprise data.   


The Year of Data Governance?

Claude Baudoin

Data governance, although not a new practice, is more critical than ever, according to Cutter Senior Consultant Claude Baudoin. A recent increase in privacy breaches, Internet of Things (IoT) data generation, and data residency challenges enforces the urgency to prioritize and address vulnerabilities and formulate a governance plan to responsibly manage enterprise data.   


The 2018 Enterprise: More Open, Composed, and Thoughtful

Balaji Prasad

Cutter Senior Consultant Balaji Prasad takes a broad look at the enterprise in 2018. He believes the enterprise is comprised of a core platform — the sum of multiple components. Some of the components that might play a role in the success of the enterprise include APIs, business architecture, agility, and “a return to the roots — to the people side.”


Momentum for Business Architecture

Whynde Kuehn

Cutter Senior Consultant Whynde Kuehn predicts that business architecture will continue to play an essential role in the success of a business and, specifically, that the architecture role will elevate to one of a more strategic nature. She tells us that “business architects should challenge themselves to be not only architects, but also leaders and change agents — and develop value-added skills that complement the business architect role.”


AGI and the Ethical Challenges Ahead for 2018

Alexandre Rodrigues

As a follow-up to his article from last year’s trends issue, Cutter Senior Consultant Alexandre Rodrigues expands on his commentary surrounding AGI — artificial general intelligence. AGI capabilities continue to play an influential role in the business arena but as Rodrigues points out, there are two issues that companies need to firmly address: (1) setting realistic expectations for the technology and (2) various ethical challenges (with a need for more legislation and regulation).


AGI and the Ethical Challenges Ahead for 2018

Alexandre Rodrigues

As a follow-up to his article from last year’s trends issue, Cutter Senior Consultant Alexandre Rodrigues expands on his commentary surrounding AGI — artificial general intelligence. AGI capabilities continue to play an influential role in the business arena but as Rodrigues points out, there are two issues that companies need to firmly address: (1) setting realistic expectations for the technology and (2) various ethical challenges (with a need for more legislation and regulation).


Public Policy Coming in from the Sidelines?

Paul Clermont

Cutter Senior Consultant Paul Clermont updates some predictions he made over the past couple years while adding four more, replete with their implications on our workforce and society. According to Clermont, “While 2018 may or may not be a watershed year for some specific technology or other … the more interesting action will come from the public policy and perception arenas and in the evolution of business models.”


Public Policy Coming in from the Sidelines?

Paul Clermont

Cutter Senior Consultant Paul Clermont updates some predictions he made over the past couple years while adding four more, replete with their implications on our workforce and society. According to Clermont, “While 2018 may or may not be a watershed year for some specific technology or other … the more interesting action will come from the public policy and perception arenas and in the evolution of business models.”


ICOs: Crowdfunding’s Friend or Foe?

Sean Nevin, Rob Gleasure

The authors discuss the rise in popularity of a new form of crowdfunding — initial coin offerings (ICOs). They believe the hype surrounding ICOs will continue through 2018 but will level off when crowdfunding platforms and traditional funding players become involved. Ultimately, as the authors suggest, legislative change like that imposed on traditional crowdfunding will need to be extended to cover the ICO market.