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 recently had a phone conversation with a reader whose company is considering the use of a business intelligence (BI) application service provider (ASP) to outsource several of its BI functions. We discussed a number of issues to consider when contemplating the use of an analytical ASP. As a result, I've decided to make this the focus of this week's Advisor.
Throughout much of the economic boom times of the mid- to late 1990s, developing software at Internet speed was the rage. Most organizations employed strategies intensely focused on time to market, oftentimes without regard to cost.
The 1 April issue of BusinessWeek magazine has an excellent article that provides a review of what actually happened during the last decade ("Restating the '90s" by Michael J. Mandel, http://www.businessweek.com/magazine/content/02_13/b3776001.htm).
I spent a recent airplane flight between Chicago and San Francisco reading a new survey of workflow systems. The book was the Workflow Handbook 2002 http://www.amazon.com/exec/obidos/ASIN/0970350902/cutterinformatco).