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 ultra competitive nature of today's business environment is driving companies to optimize the processes that impact their financial and operational performance. As a result, many companies seek to apply performance-driven management techniques to streamline their day-to-day business operations and facilitate better decisions across the organization.
I was teaching a class on "How to be an agile project manager" last week. These classes are called certified ScrumMaster classes; attendees discuss how to implement Scrum, one of the agile processes, into their environment. Most of the time is spent discussing the unique difficulties that are expected in the attendees' organizations. The topic of greatest interest at this class was cross-functional teams.
In my previous Advisor (" Business Intelligence Trends in 2004," 6 January 2004), I commented on some of the more interesting business intelligence (BI) developments and trends I see taking place in 2004. I also asked for your comments and suggestions as to other important trends for the new year.
The Object Management Group (OMG) continues to work on its Model Driven Architecture (MDA) standard. There are a number of ways to describe MDA. From the OMG's perspective, it's a set of specifications. From a vender perspective, those specifications are potential products. And from a user's perspective, some of the MDA products can prove very valuable.
Happy New Year!