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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It pays to really assess your current marketplace situation and learn from disruptors in your own or adjacent marketplaces. Enterprise architecture (EA) is an asset that you can use to counter the threat of disruptors. The three generically applicable scenarios we introduce in this Advisor may help you choose the right pattern for your EA, depending on the business model of the disruptor, your choice of counter-strategy, and your current EA maturity.
This Executive Update focuses on surveyed organizations’ use of in-house developers versus outside specialists for blockchain development efforts as well as a general overview of open source and commercial vendor blockchain platforms.
The most exciting development coming out of the recent consumer electronics show CES 2018 is Kodak's announcement that it plans to develop a blockchain-based photographic rights and royalties management platform (KODAKOne) and accompanying cryptocurrency (KODAKCoin). The goal is to enable photographers and other agencies to take more control over how images are commercially managed and licensed.
Modern software systems are routinely very complex, comprising millions of lines of code with many thousands of dependencies. Moreover, software engineer availability, workloads, and turnover compound the problem of keeping track of the complexities of systems. In this Advisor, we examine the benefits of contextual software analysis for mitigating business risk.
The notion of architecting for flexibility so that enterprises can change is not new. But what about disruptive change? And why does disruptive change matter? Why now?
In this Advisor, the authors demonstrate their analytical approach with a direct and practical example of using Twitter data in real time to understand the sentiments (positive or negative) of trade show participants and to gain insights from them.
Agility is about being adaptable to changing environment conditions, delivering or acting swiftly to fulfill customer needs, and in turn becoming a successful and sought-after organization. Being connected to the fundamentals of agility and tracking the transformation progress based on the Agile principles described in this Advisor helps organizations to be on track toward transformation progress and stay connected to the big picture.
The dynamic nature of the business capability architecture (BCA) aptly lends itself to modeling the new paradigm of big data analysis.