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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To transform your organization, you need to understand and model the current state, model the desired future state, and identify the work that will help your organization move toward that future.

Time is a critical resource in hypercompetition. From a business perspective, every piece of information is embedded in time, and every piece of information loses value as time passes.

Cutter Consortium has been conducting a survey to gain insight into how organizations are adopting — or planning to adopt — blockchain technology. We are also seeking to identify important issues organizations are encountering or foresee encountering in their blockchain efforts. This Update examines survey findings pertaining to budgets for blockchain in the enterprise.

Organizations are using blockchain to create new business models — exploiting its capabilities for optimizing contract management, financial transaction management, and identity management.

I ended my previous Executive Update in this series of articles on creating new possibilities through data virtualization by asking whether the case study company featured could have unknowingly introduced the “perils of parallel processing” into its computing environment by using data virtualization to initiate multiple applications simultaneously. To answer that question, I need to begin by reconstructing the chain of events that led the company’s IT organization to implement a solution resulting in this contingency.

The ability to “observe, orient, decide, and act” (OODA) better than peers is the cornerstone of information superiority strategy that companies playing in the digital market strive to achieve. In this Advisor, we outline our view of principles, practices, and architecture patterns that can be employed to achieve information superiority through systematically improving OODA performance.

The Process of Things ensures value-added services such as developing smart applications around connected things and reaching out to more customers through adaptable things.

This Executive Update describes nine specific workarounds that two global, multinational ITSPs used in their endeavors to reap the payoffs of cloud-based business models. We present these workarounds as key lessons learned from an in-depth study of these two organizations.