Top Stories by Dr. Jai Ganesh
Agile IT systems are systems that are malleable enough to address business
uncertainties. Such systems can effectively respond to internal and external
stimuli in a very short period of time. Flexible IT systems imply that the IT
architecture underlying them is itself flexible and lends itself to
incorporating changes in a dynamic fashion. Architectural approaches such as
Service Oriented Architecture (SOA) are transforming the way IT systems are
designed by bringing in a high degree of reuse and loose coupling of
applications.
IT architectures include the technology, strategies, plans, and principles
that guide an organization's new technology investments as well as manage the
existing technology investments.
The objective behind having a good IT architecture is so an organization can
operate with a high degree of flexibility while keeping the cost for the
techno... (more)
B2B marketplaces facilitate efficient search and transactions by offering
services such as buyer/supplier and product/services searches and
transactions such as procurement and asset disposal.
Besides their market making functions, marketplaces also offer integration
services such as supply chain and ERP integration and have allied with
various firms to offer value-added services such as vendor ratings,
logistics, and payment processing. B2B marketplaces differ from traditional
marketplaces in offering increased personalization and customization of
products and aggregating and d... (more)
Enterprises are increasingly feeling the need for shorter lead time for
decision making, the need to extract and present KPI (Key Performance
Indicators) to management, and the need for enhanced response capability.
These business needs are not in sync with the technological challenges such
as the presence of heterogeneous technologies and disparate enterprise
systems (e.g., ERP, SCM, CRM, etc.). This situation gets complicated with the
increasing number of mergers and acquisitions resulting in the various
business units within an enterprise having their own data warehouses. Addi... (more)
The technology adoption trend is shifting to a scenario where the customers
of a B2B marketplace need interoperability not only with the B2B marketplace,
but also with the third-party service providers. Hence the B2B marketplace
must be able to offer a single-point source for inter-organizational commerce
in a flexible manner.
SOA enabled with Web services shows promise in enabling inter-organizational
commerce at reduced cost by leveraging existing investment in legacy systems
and thereby increased efficiency for these enterprises. Web services increase
flexibility by offering t... (more)