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
The other day, I was chatting with Cutter Fellow Ken Orr, who asked a very good question: "If object and component reuse didn't work, why is service reuse going to be any different?" Since service reuse is key to getting the value out of a service-oriented architecture (SOA), this is an important issue.
Last February, I discussed what I consider one of the most important developments in business process management (BPM): the ability to monitor the efficiency of distributed business processes in near real time (see the 23 February 2005 EA Advisor, " Monitoring Business Processes in Real Time").
Model-based software estimation techniques (i.e., those based on counting elements of some kind of software system model, description, or specification) can be useful but they have numerous pitfalls and should therefore be used with care and deliberation. In this Advisor, I point out a few of those traps (this list is by no means complete nor sorted in any particular order):