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

This seems to be the year for disasters. In the last three months, in addition to the September 11 disaster, I've seem three very large IT projects cancelled after the expenditure of considerable sums of money. One was in excess of US $50 million -- an ambitious Web project whose managers did not think it necessary to include performance modeling in the design.

In last week's Advisor, I discussed the growing importance of business process improvement in the age of e-business. Every company that seeks to take advantage of the Internet and Web to improve the way it does business must necessarily start by reviewing existing processes to see how they can be changed to take advantage of new activities that the Internet and Web can make possible.

The previous two Advisors outlined nine methodology design principles. This week will conclude the series on methodology design by adding eight common methodology mistakes to the mix. A number of these common mistakes come from Alistair Cockburn's work and new book, Agile Software Development.