Business Transformation Requires Transformational Leaders

Tim Virtue focuses on the most significant risks of BaaS. He identifies common BaaS risks and proposes mitigation strategies for all of them. Virtue stresses that adoption of innovative business models is essential for new market entrants. In the build-versus-buy debate, he favors buy, although stresses that the BaaS provider should be a trusted partner, not simply a commodity supplier. Despite the significant risks involved in digital trans­formation adoption, doing nothing is the greatest risk of all. 

Magesh Kasthuri discusses how city administration can use blockchain. He provides various insights into decentralized architecture, including its technology benefits and security implementation. The article highlights a need for self-healing and auto-scaling services within a smart city architecture, which can be achieved by a blockchain network based on HyperLedger Fabric in a cloud environment. Blockchain can make cities more efficient and more resilient and adds greater transparency and security to a city’s digital processes. Applying DLT technologies in smart cities is an opportunity to reshape many aspects of how cities are organized and managed in order to better serve their citizens.

This issue of Cutter Business Technology Journal (CBTJ) continues the conversation we began in our last CBTJ and focuses on blockchain technology adoption beyond cryptocurrencies and financial services. The authors explore areas such as energy and utilities and government and present real examples of successful DLT implementations. They share their practical experiences in overcoming and addressing some of the known issues with blockchain projects.

As has been our tradition for the last several years, we’ve compiled the five most intriguing articles published by the Business Agility & Software Engineering Excellence practice for today’s Advisor. How did we come up with this list? We chose the articles that garnered the most feedback from Cutter Members. Your questions and comments not only make it possible to create lists like this, they help focus Cutter’s Senior Consultants’ research on the areas that are most important to organizations like yours. So please keep your feedback coming.

We’ve compiled the five most intriguing articles published by Business Technology & Digital Transformation Strategies in 2019 for today’s Advisor.

As has been our tradition for the last several years, we’ve compiled the five most intriguing articles published by the Cutter Business Technology Journal this year for today’s Advisor. How did we come up with this list? We chose the articles that garnered the most feedback from Cutter Members and clients and those that created controversy among Cutter Senior Consultants and Fellows.

In this Cutter Business Technology Journal (CBTJ), we take a broad look at the opportunities and disruptions that blockchain creates. Our authors explore reasons why blockchain application is still slow regardless of overall interest in the technology. Enterprises are still struggling to find a blockchain that fits their needs, especially from a scaling perspective. A key observation from these articles is that regulation and compliance can help drive blockchain technology adoption. Blockchain (and related use cases such as cryptocurrency and digital assets) is currently subject to very limited regulation. In this issue, the authors provide researchers and practitioners with an overall view of the current state of blockchain adoption and what industry participants perceive as its challenges. They present real-world examples of DLT implementations and demonstrate how this new technology can deliver new value.

This Advisor explores three major disciplines that “Good to great” organizations follow to govern their portfolio and examines practices that enable organi­zations to keep the digital train moving with minimal friction, cost, and effort.