Spotfire, a division of
TIBCO, announced TIBCO
Spotfire Operations
Analytics, which allows
customers to deploy
real-time
process-specific
analytics applications
and streamline business
process control across
the organization. The
software embeds event
processing into
Spotfire's next
generation business
intelligence platform.
With this announcement,
TIBCO offers
event-driven, closed-loop
analytics software on the
market for achieving
actionable, real-time
business intelligence
(BI).
Because the role of IT
organizations is to
enable business managers
to run their businesses
better, there has been a
constant need for
aligning IT closer to
business. We often hear
business managers
complain that a software
solution isn't what the
business needed. We have
personal experience with
this problem - in a
previous life one of us
worked for a consulting
company that built
turnkey applications for
large enterprises.
On the one hand, there's
extreme pressure on
businesses to deliver new
customer offerings and
innovative business
capabilities, match
increased competition,
and deal with new
partners and providers of
niche services to offer
cheaper service. On the
other hand, most of us
have legacy systems that
prevent us from
delivering to the
business at the speed of
business opportunities.
Legacy applications house
only parts of the
business entity and the
data is stored in
proprietary structures.
Server virtualization
provides an immediate
reduction in hardware and
configuration cost. But
in focusing merely on the
hardware side of
virtualization, are we
leaving money on the
table? While
organizations can reduce
the number of boxes they
need, and save the cost
of replicating servers
for virtual test beds,
these servers are
becoming commodities.
In our daily personal
interactions with
businesses of all sizes
we all experience
sub-optimal business
processes. How many times
have you tried to buy an
item of clothing only to
find that the store
doesn't have your size?
Then when you ask the
shop assistant, he
responds that a new
delivery is expected on
Wednesday, but he doesn't
know whether that
particular item will be
included. Check back on
Wednesday? Familiar? Of
course, we're all so used
to these kinds of
experiences that we
accept them as normal.
'A child of five would
understand this. Send
someone to fetch a child
of five.' - Groucho Marx.
People have begun to
understand that a
properly implemented SOA
has the potential to
improve business agility
and adaptability to
changing business
conditions, but we're
still suffering from at
least one innate
prejudice common to IT
folks.
One of the hardest things
for most IT departments
is change. Not only do
they have to cope with
the technology change
that is inherent in their
business, they have to
cope with all sorts of
other change - regulatory
changes, business
changes, competitive
changes, requirement
changes, process changes,
policy changes. All this
change creates a
maintenance nightmare so
that in many IT shops
most of the time is spent
not in building cool new
applications but editing
and 'fixing' code in old
systems. Business rules,
one of the
fastest-growing markets
in application
development technology,
offers a way to stop
worrying about change and
learn to love it.
Mainframes were the first
computing platform of
corporate information
technology. As the
industry has grown,
mainframes have continued
to evolve and integrate
into the various
incarnations of
enterprise architecture.
In fact, as the first
computing system,
mainframes enjoy a
special role when looking
at enterprise
architecture, as
mainframes have
participated in virtually
every flavor of
architecture, starting
with the incarnation of
IT, when a mainframe was
the architecture.
A large company found
itself handicapped by an
ornery snarl of siloed
applications that
compromised its agility,
performance, and
profitability. Its IT
department was constantly
behind schedule and over
budget in hand coding
point-to-point
connectivity among supply
chain, financials, CRM,
and other packaged and
custom-built legacy
applications.
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.
Adding to this is the
increasing number of
users inside and outside
the enterprise who need
real-time access to
information.
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