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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Insight

Organizations today have the option of choosing from a variety of on-demand or cloud-based BI and data warehousing solutions. These range from reporting, dashboards, and focused analytic applications offered as licensable services to hosted data integration services and full-blown managed data warehouses.

In preparing for battle I have always found that plans are useless, but planning is indispensable.

-- General Dwight D. Eisenhower

Slightly fewer than half of the organizations using on-demand/cloud-based BI and data warehousing solutions have had to modify their business processes in order to use the on-demand software. This finding comes from a Cutter Consortium survey conducted in May-July 2009 of 79 end-user organizations based worldwide.

Yesterday, I participated in a "virtual trade show" called "Pragmatic BPM and SOA: Strategies That Work." I was a bit surprised when I was invited to participate because I thought BPM/SOA was basically old news. It's been four years since I wrote about the relationship between these, but based on the comments and questions, it seems that most people haven't been paying much attention.

Starview Technology has introduced the latest version of its Complex Event Processing (CEP) platform. Until recently, Starview has kept somewhat of a low profile and didn't always immediately appear on the radar when it came to CEP software vendors. This is unfortunate, because Starview has been shipping products since 2003.

Back in April, I discussed MapReduce and its open source implementation, Hadoop (see "Hadoop, MapReduce, Cloudera, EC2, and BI," 14 April 2009). At that time, I said that I thought Hadoop offered exciting possibilities for enterprises to carry out large-scale data analysis and mining.

I am spending a fair amount of my time doing business process modeling (BPM) on either BPM or EA projects. BPM is becoming more and more important as organizations are increasingly committed to improving the way they do business.

Believe it or not, IBM has developed an internal, private cloud-based BI analytics environment -- called "Blue Insight" -- designed to support its overall corporate sales, marketing, and product development needs. Moreover, IBM is now marketing and producing a version of this tool.