Building The Real Time Enterprise
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The Real-Time Enterprise
Successful management teams can identify the cost and return derived from the implementation of new technology, and they can properly apply the technology toward gaining a competitive advantage. IT and business managers alike need a resource that enables them to prepare for future operating conditions, identify beneficial solutions, and use high te
The Practical Real-Time Enterprise
Author: Bernd Kuglin
language: en
Publisher: Springer Science & Business Media
Release Date: 2005-02-21
The basic idea of the real-time enterprise is to become quicker. A business which wants to become a real-time enterprise has to acquire three main abilities: - Internal and external data is integrated quickly and in real time in a well-organized company data pool, - Analyses of information in the company data pool can be obtained in real time, across function boundaries and at the touch of a button, - The number of working steps performed in batch mode is shifting dramatically in favor of immediate completion in real time. The issue of communications - or real-time communications - plays a special role here. Studies have shown that processing times sometimes double when necessary communication events are handled in batch mode in the business process and not in real time. In other words, when an activity cannot be completed and lies around for days because an urgently needed partner cannot be contacted. The necessity of acquiring these three abilities has implications for the process-related, technical and organizational aspects of a business that are dealt with in detail in this book.
Business Intelligence for the Real-Time Enterprise
Author: Malu Castellanos
language: en
Publisher: Springer Science & Business Media
Release Date: 2009-08-03
In todayís competitive and highly dynamic environment, analyzing data to understand how the business is performing, to predict outcomes and trends, and to improve the effectiveness of business processes underlying business operations has become cri- cal. The traditional approach to reporting is no longer adequate, users now demand easy-to-use intelligent platforms and applications capable of analyzing real-time bu- ness data to provide insight and actionable information at the right time. The end goal is to improve the enterprise performance by better and timelier decision making, - abled by the availability of up-to-date, high-quality information. As a response, the notion of "real-time enterprise" has emerged and is beginning to be recognized in the industry. Gartner defines it as “using up-to-date information, getting rid of delays, and using speed for competitive advantage is what the real-time enterprise is all about. . . Indeed, the goal of the real-time enterprise is to act on events as they happen. ” Although there has been progress in this direction and many com- nies are introducing products toward making this vision a reality, there is still a long way to go. In particular, the whole lifecycle of business intelligence requires new techniques and methodologies capable of dealing with the new requirements imposed by the real-time enterprise.