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 Part I of this Executive Update series,1 we discussed modernizing core banking systems through the analogy of heart surgery as well as the approaches I have seen as banking IT strategies evolve in this era of change in the financial industry. In particular, we covered "putting shunts" in the "patient" through application transformation and integration.
Server virtualization has become embedded in enterprise data center architecture, providing numerous efficiencies in processing, reducing costs, and adding to flexibility and scalability across the IT environment. Virtualization is at the root of the evolving data center infrastructure and is the foundation of cloud IT. However, even as virtualization becomes embedded in the enterprise, support continues to evolve.
Bringing BI down to the coalface has long been a goal for both vendors and IT managers -- in light of the fact that BI remains largely confined to the 15%-20% of workers in an organization who analyze data.
Are your business units and IT solution teams speaking the same language? The business capability provides a common vocabulary in business terms. This report reveals how capability mapping enables business analysis and business/IT architecture alignment. You’ll gain step-by-step guidance that will help you define your business capabilities and use them to drive business-IT transformation initiatives. Not yet a Cutter client? Download your complimentary copy of the report now.
Businesses are faced with ever-increasing complexity, competition, and cost pressures. New products and "silver bullet" solutions are espoused by vendors, but more often than not, they fall short of expectations, and worse, add to the complexity of IT challenges. Yet, there is hope for getting a handle on this complexity and finally addressing the challenge of business/IT alignment. The approach is not based on a new product or technology but rather on an architectural foundation that brings the complexity of IT into focus from a business perspective.