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.
Insight
Software AG's announcement that it is acquiring business process management suite (BPMS) vendor webMethods for approximately US $546 million is an important development for the BPM market. First, it signals that the latest round of consolidation continues (one could point to IBM's acquisition of FileNet last fall as the start of this latest round).
Several weeks ago I wrote that findings from a recent Cutter Consortium survey (conducted in March 2007) of 119 end-user organizations (based worldwide) and their data warehousing and BI practices indicated that few organizations today express a high level of satisfaction with the quality and integrity of their customer data (see "For Most, The Qual
Last month's Advisor (see "Intelligent Data," 29 March 2007) dealt with the idea of creating intelligent data as a means of improving data connections across the Internet.
Recently, one of my close friends (currently working as a CTO for a Fortune 100 company) was interviewing for a senior-level IT executive position. During one of her face-to-face interviews, she was asked opinion of the role of IT in enabling business. Specifically, what role she thinks the architect plays in defining the business strategy.
You may not have heard about rich Internet applications (RIAs, pronounced ree-ahs), but you have seen them. RIAs are the visible face of that technological, financial, and sociological phenomenon known as Web 2.0. Suddenly we are encountering Web sites with breathtaking effects (www.rasikarestaurant.com) and terrific capabilities (www.housingmaps.com).