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

The world is moving at a fast pace, and globalization is increasing. Financial markets are interlocked and the role of information becomes more important with each passing day.

The governance process manages the lifecycle of shared resources, provides decision and issue resolution, and ensures conformance as enterprises engage themselves in maturing their architecture while integrating their businesses. The governance and conformance processes are better structured around meeting enterprise business integration goals and supporting stakeholders.

In thinking about enterprise architecture and the value it provides, one can see the focus is moving toward supporting big IT-enabled endeavors, which means providing them with the possibility of improved alignment with the existing information systems environment as well as the projects just being rolled out.

Service-oriented architecture (SOA) -- a paradigm for "design, development, deployment and management of a loosely coupled business application infrastructure." 1

Service-oriented architecture (SOA) is on everybody's agenda. While almost every aspect of SOA implementation has been discussed, one area has been neglected -- data. With all the discussions about its process and service layers, there hasn't been enough focus on the "data bus" role in the SOA.

Software-as-a-service (SaaS) is having a significant effect on corporate computing -- including the application of BI and data warehousing. Available on-demand BI offerings today range from reporting, dashboards, and focused analytic applications (offered as licensable services) to hosted data integration services and managed data warehouses.

In recent years, the advancement and proliferation of IT have generated a surge in the purchase and application of computer-based solutions to enterprise-level problems. It is commonplace today for product vendors and CIOs to gather and exchange information and data on promising products that can increase efficiency and productivity in a cost-effective manner.

The analysis of the enterprise business cycles is an important step in EA efforts. However, to find gaps and future directions for an enterprise IT architecture, we introduce another concept, which we call enterprise architecture capabilities. We use them instead of specific information systems functions to point out the relationship of IT logical architecture to business architecture, described as a set of business cycles and business capabilities.