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

It is a fact that smart people do not always say smart things. In one such case, there was no doubt that the head of development at a veteran Southern California technology company was smart. But that didn't prevent his unfortunate utterance at a 1988 project development review. "Now that we have the requirements signed off," he said, "I don't want to see another customer around here until the project is finished."


We are going through an information technology and communications revolution. Computers are more mobile and more powerful than ever before. Information is shared more easily than ever before. With the press of a keyboard button, information can be sent to multiple countries throughout the world in less than a second. And more opportunities exist to threaten the privacy of personal information than ever before.


INTRODUCTION: THE ECONOMIC DRIVERS

There was a time when monolithic enterprise application suites appealed to businesses, not only because of their technical capabilities but also because they embodied well-validated business processes. Gradual but profound changes in the business world are altering this outlook, and the application software business is responding.


Having attended the IT Architecture Practitioners Conference last week (23-25 January), held under the auspices of the Open Group, I cannot help thinking that after many years of effort, we are still a long way from a common understanding of what an architecture really is. What is more important is that this confusion certainly does not help IT architecture professionals to effectively communicate to business what an architecture is and why it is important.


Data integration vendor Informatica Corporation has acquired data quality tools vendor Similarity Systems in a cash-for-stock deal valued at approximately US $55 million. Informatica will integrate Similarity Systems' data quality technology within its PowerCenter data integration tools line.