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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Sooner or later, all industries will be impacted by digital disruption.
At a recent Cutter webinar, an attendee asked how blockchain is being implemented in the digital marketing space and how the technology's inherent transparency and security capabilities can benefit digital marketing and advertising in general. Since we are seeing considerable interest in the subject, I examine it in this week's Advisor.
In this Advisor, I describe the fundamental human causes of the growth of technical debt.
For the most part, the IT function is technically capable of designing and implementing solutions that remediate technology debt (TD). The challenge lies in obtaining non-IT executive sponsorship and funding for TD projects.
If your organization is interested in exploring the nature and uses of blockchain technology, joining with others who are similarly inclined might prove a valuable way to get up to speed quickly.
Quantifying the results of business architecture certainly has its challenges, but there are creative ways to do so, even with limited resources. This Advisor describes the benefits and challenges of measuring business architecture success and provides some practical approaches that can be used to accomplish this very important activity.
Loyalty rewards programs are considered one of the most effective means for companies to attract and retain customers, and for increasing customer satisfaction and experience overall. Blockchain initially looks promising for shaking up the loyalty rewards program industry, and a number of companies are working on solutions to try and make this happen.
In this Executive Update, we will take a brief tour of both the strengths and weaknesses of blockchain technology in the abstract, working toward a framework for thinking about its other potential uses. It’s likely that the future will see many and varied uses for blockchain. Understanding how and when to take advantage of the technology will help your business advance into the future more effectively.