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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Executive Report

The ASP Option

One of the most obvious effects of the Internet and e-business is the change to traditional business models. In consumer sales, for example, the traditional sales and distribution channel from original manufacturer to final consumer consists of a chain of intermediaries -- jobbers, wholesalers, and retailers -- each of which provides a logistical, communicative, or other support function to link manufacturer to consumer.

Volume X, No. 7; July 2000
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Executive Summary

Paul Harmon, Editor

Executive Summary

The ASP Option

Application service providers (ASPs) are a new application-sourcing option spawned by the convergence of traditional outsourcing and the Internet. ASPs provide a "rent-an-app" service to their customers. The ASP hosts leading software applications and rents them to customers who use the Internet (or other network) to access the applications.

In the past, large-scale commerce systems were monolithic applications that were tough to build and difficult to maintain. Today, the global economy created by the Internet has created a great need for technology that allows commerce sites to be developed quickly, yet exhibit the scalability and reliability features of traditional enterprise-class deployments.

This Executive Report provides an overview of a mission-critical Enterprise JavaBean (EJB) project: the creation of a system to provide banking services to corporate customers over the Internet.

The 1970s and 1980s saw the widespread adoption of database management systems (DBMS). Based on a seemingly simple -- and now obvious -- principle of the separation of creating, retrieving, updating, deleting, and managing data from the various application programs that used the data, at the time, DBMS proved to be a disruptive technology.

Contrasting with the enthusiastic e-business hype found in the popular press, several recent studies have suggested that large companies are moving toward e-business development rather slowly.