Annual cost of IT failure: $6.2 trillion
The total annual cost of worldwide IT failures is $6.2 trillion dollars, according to calculations performed by Roger Sessions, über-expert enterprise architect and CTO of ObjectWatch.
Flowers and HCM systems architecture.
I’ve tried this metaphor on several client calls recently, so let me inflict it on you too.
Cactus
via Flickr, the cc licence of Rodolfo Cartas thanks.
In this architecture, everything is from one vendor, and integration with third party applications is rather difficult. Typical ERP /HRMS pitch of the mid-nineties. Why do you need other [...]
The New Face Of The CIO
The responsibilities of the CIO span a spectrum of managerial tasks, with one end of the spectrum as “supply” – the delivery of IT resources and services to support business functions – and the other end of the spectrum as “demand” -the task of helping…
Video: Harness ‘wise crowds’ to prevent failure
A fine line separates the wisdom of crowds from random group behavior or mob rule. Here are four conditions that make it possible.
Video: Collective intelligence simplified
This video links collective intelligence concepts to the evolutionary process by which groups refine ideas to improve outcomes.
Video: Wisdom of crowds basics
The “wisdom of crowds” concept is simple: the aggregate intelligence of a group of people is higher than that of a single individual. This video describes a wisdom of crowds experiment.
The Product Maintenance Paradox!
There was a mild tremor in the IT market few weeks back when Siemens threatened to terminate its annual maintenance contract with SAP owing to high price being charged by SAP. I have noted four years back that around half of Oracle’s total revenue of…
Shouldn’t services firms have their own ERP?
I caught up this week with Morris Panner, CEO of OpenAir (now part of NetSuite). One aspect of our wide-ranging conversation concerned the continuing evolution of businesses, the economy, etc. towards a greater services orientation. Drawing on that, we discussed how services firms need their own version of ERP.
Here are just some of the [...]
Software: Maintenance Revenue: High Margin or High Risk?
Excellent analysis today from Cowen and Co. analyst Peter Goldmacher. I can’t find it posted on their site (got it via e-mail), so I’m including the key extract below for those who might be interested. Enjoy! Software: Maintenance Revenue: High Margin or High Risk? Consensus View: Applications maintenance, fees for technical support and product update [...]
