Strategic advice to leverage new technologies
Technology is at the heart of nearly every enterprise, enabling new business models and strategies, and serving as the catalyst to industry convergence. Leveraging the right technology can improve business outcomes, providing intelligence and insights that help you make more informed and accurate decisions. From finding patterns in data through data science, to curating relevant insights with data analytics, to the predictive abilities and innumerable applications of AI, to solving challenging business problems with ML, NLP, and knowledge graphs, technology has brought decision-making to a more intelligent level. Keep pace with the technology trends, opportunities, applications, and real-world use cases that will move your organization closer to its transformation and business goals.
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In 2011, the developer of the Netscape browser and cofounder of the Silicon Valley venture capital firm Andreessen Horowitz stated that “software is eating the world.” I remember thinking at the time that this was a memorable aphorism, but while it captured the increasing importance of software, it seemed somewhat cryptic or vague. Little did I realize that, over the next 10 or so years, it would come to articulate a profound transformation of the world we live in and, especially, the enterprises we lead and operate within.
In this on-demand webinar with Cutter Consortium Senior Consultant Hillel Glazer, you’ll discover what needs to be “in your center” to ensure your organization is a high-performance operation. You'll learn how to become confident in your measures, find meaning in your results, and have realism in your goals.
The authors examine how a limited view of digital transformation impedes organizations from fully benefiting from the new, Agile ways of working. They attribute this failure, fundamentally, to reliance on traditional architectural stacks where multiple teams and products rely on large, shared layers, and a change in a layer to meet the needs of one product may inadvertently break other products. To support a feature team–based organization, each team must have full end-to-end ownership of its stack, which consists of smaller, decoupled parts — microservices — that are loosely bound together. The authors advocate domain-driven design and the atomic design principle as the basis for enabling reuse.
Software evolution and changes in software development imply that software will become ever more pervasive and affordable, that firms must master disciplined autonomy in order to follow dual strategies, and that the role of IT professionals is being redefined.
Cutter Consortium Fellow Steve Andriole examines the extent of software’s rule in the areas of process automation, privacy and security, enterprise software, intelligent software engineering, and converged convenience. For each area, he evaluates in what ways software’s reign is good (rewarding us), bad (punishing us), or ugly (threatening us).
Software evolves in the environment of the marketplace, where the forces of innovation, cost reduction, growth, regulation, and coevolution drive change. As with biological evolution, only the fittest will survive.
The rise of software represents the biggest single hurdle and opportunity to business. This issue of Cutter Business Technology Journal will inspire you to conquer the fundamental challenges facing your organization today and help you unlock your full value-creating potential.
It’s always interesting to examine what the big tech giants are doing because their efforts can have a significant impact on consumer expectations and trends and may serve as a wake-up call for other industries. This is certainly the case when it comes to big tech projects in fintech. And nowhere is this more apparent today than when it comes to big tech developments centering around the use of blockchain-based cryptocurrencies as a payment platform and for creating new financial services offerings.