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
I was reminded of the tale of Saint George and the Dragon (see text box below) about three years ago in a conversation with the president of a Chicago-based company that seemed incapable of delivering any piece of software on time. He was looking for someone to come in and slay the dragon -- a sweep of the sword, a thrust of the spear, and the software overruns would disappear.
Article
Business Process Management
Executive Report
The Evolving Architecture of J2EE and Web Services
Web services technologies based on XML and the Simple Object Access Protocol (SOAP) are changing the face of distributed computing.
Executive Summary
The Evolving Architecture of J2EE and Web Services
Web services represent a shift in computing that extends the scope of the Web from an infrastructure providing services to people to one providing services to software looking to interconnect with other software. The Web services vision is one in which software packaged as services can be discovered and connected to using established Web protocols such as HTTP, FTP, or SMTP.
This Update reports on data recently gathered by Cutter Consortium. We asked a variety of questions about recent trends and will be reporting the results over the course of the next three to four months. Overall, we had 235 responses from IT and business managers throughout the world. Of that total, 34% were companies engaged in the production and sale of software.
IT organizations continually spend vast sums to develop and maintain proprietary software, mostly for internal use. Some estimates place this figure at nearly half a trillion US dollars worldwide per year. This has created a huge and growing inventory of software assets, only a few of which provide real competitive advantage.
Companies are now applying data warehousing and business intelligence (BI) to their supply chain operations. This analytic field, called supply chain intelligence (SCI), holds great promise for optimizing supply chain operations. However, SCI involves considerably more than just performing analysis on an ad hoc basis.