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Facing Decimated Ranks? Rightplace Those Who Remain
When the Dust Clears From an IT 'Battle,' Try an After-Action Review
It's 2:12 am. The cell phone is ringing. What now? It's Amy, a data center technician. She wouldn't be calling me unless something is wrong. Very wrong. She tries to explain that the primary storage network is failing. And the path to the backup is failing, too. She can't tell what it is. Everything is coming down.
Adoption of BI and Data Warehousing Appliances Remains Strong
BI and data warehousing appliances -- prepackaged offerings bundling software and hardware designed to support specific data warehousing and BI applications -- continue to garner strong usage. This trend is expected to continue through 2009 as end-user organizations look for ways to cost-effectively advance their data management and analytic needs.
Aligning Architectures for Business, IT Means Facing the Elephants in the Room
The 31-Square-Foot Architecture
Majoring in Risk Management: Is It Time to Restudy the Subject?
The beginning of 2008 started off with the French bank Société Générale reporting that a low-level employee, Jérôme Kerviel, had executed a series of "elaborate, fictitious transactions" that cost the bank more than €4.9 billion, the largest loss ever recorded in the financial industry by a single trader.
When Math Doesn't Add Up: Discontinuities and the Real World
Among other things, 2008 was the year that models died on Wall Street. After decades, the "quants" were just as surprised as everybody when the market started down and, instead of pulling out, just kept on going south. For years, the idea of "program trading" has gained a bigger and bigger foothold in the world of high finance.
Majoring in Risk Management: Is It Time to Restudy the Subject?
The beginning of 2008 started off with the French bank Société Générale reporting that a low-level employee, Jérôme Kerviel, had executed a series of "elaborate, fictitious transactions" that cost the bank more than €4.9 billion, the largest loss ever recorded in the financial industry by a single trader. However, Kerviel's escapade pales in comparison with those of investment advisor Bernie Madoff, who admitted in early December to defrauding his clients of upward of US $50 billion in a "giant Ponzi scheme" for years.
Debriefing the Losing Bidder: An Investment in Future Success
This Advisor looks at debriefing the unsuccessful bidders after a competitive bidding process has closed. This is often treated as an optional process -- and is usually one to be avoided. However, if done well, with the right intent, it is a valuable exercise for all, and can also create support for your future bidding opportunities.
Debriefing the Losing Bidder: An Investment in Future Success
This Advisor looks at debriefing the unsuccessful bidders after a competitive bidding process has closed. This is often treated as an optional process -- and is usually one to be avoided. However, if done well, with the right intent, it is a valuable exercise for all, and can also create support for your future bidding opportunities.
Seizing the Moment: Assessing the Opportunities for M&As
Mergers and acquisitions (M&As) -- and even divestitures -- represent opportunities to reengineer technology acquisition, deployment, and support. Like other major corporate events (such as missing earnings estimates five quarters in a row), M&As can be exploited to make decisions that somehow get endlessly tabled in the routine ebb and flow of many companies.
Seizing the Moment: Assessing the Opportunities for M&As
Mergers and acquisitions (M&As) -- and even divestitures -- represent opportunities to reengineer technology acquisition, deployment, and support. Like other major corporate events (such as missing earnings estimates five quarters in a row), M&As can be exploited to make decisions that somehow get endlessly tabled in the routine ebb and flow of many companies.
Enabling Your Solution Projects with SOA
Despite the reality of service-oriented business -- as evidenced by partnering, collaboration, outsourcing, core competency focus, and the like -- many software solution projects aimed at solving business problems do not yet use service-oriented architecture (SOA) as a key enabler. I hear a variety of reasons from project managers for this, including the following:
Some Less Obvious Factors Curtailing Cloud Computing Progress
Cloud computing is a prominent concept in the IT technology world. Cloud computing and software as a service (SaaS) promise fast return on investment, agility, improved scalability, availability, and more.
Grids, Data Warehousing, and Business Intelligence
Grid computing did not generate as much attention in 2008 as it did in 2007. However, our research indicates that use of grid architectures to support data warehousing and BI by end-user organizations has grown considerably. Yet despite this development, use of grids in such a capacity still remains fairly limited.
Survey Shows Cultural Shift Away from Overtime and Toward Shorter Projects
In 2002, the most common remedy for schedule problems was overtime. Now, six years later, a Cutter Consortium survey has revealed some interesting news: when projects run into scheduling problems, the two most common remedies are extending the schedule and reducing functionality, with overtime relegated to third place, followed by adding staff. This represents a distinct change from 2002, when Cutter conducted an identical survey. Cutter Consortium Senior Consultant E.M. Bennatan spearheaded both surveys.
Open Innovation Means Managing a Shift Toward Inclusion
Agile Flexibility Takes Time
I spent quite a bit of time studying martial arts in the past. While I wouldn't say that this made me more capable of coming out of a bar fight unscathed, the effort kept me (relatively) physically fit, introduced me to my future wife, and taught me some valuable lessons. Two lessons that translate quite nicely to the workplace are (1) the notion that you don't become agile overnight, and (2) true agility transcends such traits as flexibility.
The Yin and Yang of Data-Driven Decision Making
IT is sort of caught in the middle of a debate. In one corner stands a group of researchers and enthusiasts who look at the marvels of how the human mind can make quick, accurate judgments and decisions. This group tends to look optimistically at the capabilities of the human mind to work effectively in the environment.
Asset Management in Focus
Although we in the IT professions don't eat our young, we certainly do take clear concepts and make them completely vague and less than understandable -- to the point of making the concept unusable. Asset management is one of these concepts. Through the normal IT developmental processes, asset management now means almost anything we want -- ranging from project portfolio management to help desk support tools to procurement.
Bailing Out IT's Infrastructure
Software Process: With Long Experience Comes Deeper Practical Faith
Generally, in software development, process is described as the steps we take to get things done. It is often captured as a specified approach to building our products that involves some sort of lifecycle, a collection of roles and responsibilities, a series of artifacts we produce along the way, perhaps some milestones, and some checks and balances to help keep the whole system running smoothly. There is more than meets the eye, though, if we want our approach to be successful.
In the Face of Economic Crisis, Choose Strategy, Not Surrender
We face a crisis that is affecting everyone, not just one business or one industry, or even one country. Many businesses will survive this recession, or as some assert, a depression, but a number of companies will either go bankrupt or be acquired. A few businesses will figure out how to thrive and take advantage of this situation.