Trends:Industry Adoption of Trends - Revision history

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Admin: Replaced content with "{{DISPLAYTITLE: Industry Adoption of Trends}} == Introduction to Industry Adoption of Trends == '''Trend phase:''' “Initial Roll-out” to “A wide Range of Successful..."

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Replaced content with "{{DISPLAYTITLE: Industry Adoption of Trends}} == Introduction to Industry Adoption of Trends == '''Trend phase:''' “Initial Roll-out” to “A wide Range of Successful..."

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 == Introduction to Industry Adoption of Process Trends ==
 '''Trend phase:''' “Initial Roll-out” to “A wide Range of Successful Initiatives”<br>
-'''Market penetration:''' Medium-Low	'''Maturity:''' Medium<br>
+'''Market penetration:''' Medium-Low<br>
-'''Benefit rating:''' High		'''Investment required:''' Medium - High<br>
+'''Maturity:''' Medium<br>
 '''Characteristic:''' Early publicity produces a number of success stories—often accompanied by scores of failures. Some companies take action; many do not. More instances of how the technology can benefit the enterprise start to crystallize and become more widely understood. Second- and third-generation products appear from technology providers. More enterprises fund pilots; conservative companies remain cautious.

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 They are called the industry leaders as they with their advantage of the emerging trends outperform their peers.
 '''Document''': [[Media:Industry Adoption of Trends.pdf|Download the Industry Adoption of Trends document]]
 [[Category: Industry Trends]]

@@ Line 1: / Line 1: @@
 {{DISPLAYTITLE: Industry Adoption of Trends}}
-== Introduction to Industry Adoption of Trends ==
+== Introduction to Industry Adoption of Process Trends ==
 '''Trend phase:''' “Initial Roll-out” to “A wide Range of Successful Initiatives”<br>
 '''Market penetration:''' Medium-Low	'''Maturity:''' Medium<br>

@@ Line 5: / Line 5: @@
 '''Benefit rating:''' High		'''Investment required:''' Medium - High<br>
 '''Document''': [[Media:Industry Adoption of Trends.pdf|Download the Industry Adoption of Trends document]]
 [[Category: Industry Trends]]

← Older revision		Revision as of 12:32, 10 January 2017
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	'''Market penetration:''' Medium-Low '''Maturity:''' Medium<br>		'''Market penetration:''' Medium-Low '''Maturity:''' Medium<br>
	'''Benefit rating:''' High '''Investment required:''' Medium - High<br>		'''Benefit rating:''' High '''Investment required:''' Medium - High<br>
−
−	Characteristic: Early publicity produces a number of success stories - often accompanied by scores of failures. Some companies take action; many do not. More instances of how the technology can benefit the enterprise start to crystallize and become more widely understood. Second- and third-generation products appear from technology providers. More enterprises fund pilots; conservative companies remain cautious.
−
−	~~Trends are less than 5 years from mainstream adoption. Requires medium level of investment, medium-risk with the potential to deliver industry competitive advantage.~~
−	Performance Impact: Industry leaders adopt, invest and develop Industry Practices to outcompete their peers. The Industry Practices improve their competitive parity and standardize core competitive competencies with focus on Performance Model and Service Model.
−
−	~~They are called the industry leaders as they with their advantage of the emerging trends outperform their peers.~~
−
−
−	~~=== Industry Adoption Of The Process Trends: ===~~
−	#Automation Business Process Analysis or Business Process Analysis (BPA) for the masses — This provides a simpler modelling approach tailored to business roles, rather than technical roles enabling business process analysis (BPA) tools to become popular among businesspeople. The resulting benefits will include faster realization of the desired business performance improvements — and better ability to meet time and budget targets — due to better process understanding, as well as extra insight into process impacts to avoid unpleasant surprises. BPA for the masses is a developing trend toward a simpler modelling approach tailored to business roles, rather than a technical or BPA expert. It is simpler in that it uses familiar business terms, with attention to business goals and outcomes, and less inclusion of technical terms to support implementations. Because this trend will enable business process analysis (BPA) tools to become popular among business people, Gartner refers to it as "BPA for the masses." The traditional BPA tool category has focused on the need of business architects and analysts to collaborate with others, requiring more robust methods and tooling than many business process modelers care to deal with. However, BPA for the masses will be targeted directly at business staff, regardless of position or role, to provide them with easy-to-grasp insights into their own business processes. The goal is to capture the informal shadow process, concepts and information that are often missing on more formal in-process modelling and user requirements definitions.<br><br>BPA for the masses tooling allows for collaboration around communities of interest to develop peer interactions, knowledge exchanges and consensus building. Harvesting information from common formats such as Excel, Word, PowerPoint (EVP) and Visio is a key requirement, as is the ability to communicate either with BPA traditional models or with common business formats. We expect BPA for the masses to be increasingly delivered via thin clients on-premises or the cloud through SaaS, as this will allow for communities to grow unimpeded. We see increased use of mobile technology for capturing at the source process-related information, which allows for BPA where needed.<br><br>
−	#Complex-event Processing (CEP). CEP is the basis for many Pattern-Based Strategies, particularly those that require continuous intelligence. When combined with BPM, CEP not only helps detect patterns, but also allows an organization to quickly act on those patterns through executable business processes. Complex-event processing (CEP) is a style of computing that is implemented by event-driven, continuous-intelligence systems. It differs from other kinds of computing in two key respects: In CEP, insight is derived by combining information from multiple data points (event objects).<br><br>A CEP system uses algorithms and rules to process streams of event data that it receives from one or more sources. It generates new, summary-level facts (called complex events) and puts them in context to identify threat and opportunity situations. This information is then used to guide the response in sense-and-respond business activities. CEP is event-driven because the computation is triggered by the receipt of event data. CEP systems run continuously, so they are available to act as soon as the data arrives. Data is processed immediately upon arrival. By contrast, time-driven and request-driven IT systems store the data when it arrives, and processing is triggered later by a clock (in a time-driven system) or by a request from a person or computer program (in a request-driven system). One can produce complex events in a scheduled computation (time-driven processing) or in response to an ad hoc user query or method call (request-driven processing). However, the term CEP is generally only applied to event-driven processing.<br><br>Here, we focus on general-purpose, reusable event-processing software platforms that are customized at development time to implement CEP applications. The core of these platforms is a software engine that runs the CEP algorithms and rules. Commercial event-processing platform products typically include development and administrative tools; other tools to implement graphical business dashboards and alert end users; and adapters for various input event data sources and output devices.

← Older revision		Revision as of 12:18, 10 January 2017
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	'''Document''': [[Media:Industry Adoption of Trends.pdf\|Download the Industry Adoption of Trends document]]		'''Document''': [[Media:Industry Adoption of Trends.pdf\|Download the Industry Adoption of Trends document]]

−	~~[[Category: Emerging and Disruptive Trends]]~~
	[[Category: Industry Trends]]		[[Category: Industry Trends]]

@@ Line 16: / Line 16: @@
 #Automation Business Process Analysis or Business Process Analysis (BPA) for the masses — This provides a simpler modelling approach tailored to business roles, rather than technical roles enabling business process analysis (BPA) tools to become popular among businesspeople. The resulting benefits will include faster realization of the desired business performance improvements — and better ability to meet time and budget targets — due to better process understanding, as well as extra insight into process impacts to avoid unpleasant surprises. BPA for the masses is a developing trend toward a simpler modelling approach tailored to business roles, rather than a technical or BPA expert. It is simpler in that it uses familiar business terms, with attention to business goals and outcomes, and less inclusion of technical terms to support implementations. Because this trend will enable business process analysis (BPA) tools to become popular among business people, Gartner refers to it as "BPA for the masses." The traditional BPA tool category has focused on the need of business architects and analysts to collaborate with others, requiring more robust methods and tooling than many business process modelers care to deal with. However, BPA for the masses will be targeted directly at business staff, regardless of position or role, to provide them with easy-to-grasp insights into their own business processes. The goal is to capture the informal shadow process, concepts and information that are often missing on more formal in-process modelling and user requirements definitions.<br><br>BPA for the masses tooling allows for collaboration around communities of interest to develop peer interactions, knowledge exchanges and consensus building. Harvesting information from common formats such as Excel, Word, PowerPoint (EVP) and Visio is a key requirement, as is the ability to communicate either with BPA traditional models or with common business formats. We expect BPA for the masses to be increasingly delivered via thin clients on-premises or the cloud through SaaS, as this will allow for communities to grow unimpeded. We see increased use of mobile technology for capturing at the source process-related information, which allows for BPA where needed.<br><br>
 #Complex-event Processing (CEP). CEP is the basis for many Pattern-Based Strategies, particularly those that require continuous intelligence. When combined with BPM, CEP not only helps detect patterns, but also allows an organization to quickly act on those patterns through executable business processes. Complex-event processing (CEP) is a style of computing that is implemented by event-driven, continuous-intelligence systems. It differs from other kinds of computing in two key respects: In CEP, insight is derived by combining information from multiple data points (event objects).<br><br>A CEP system uses algorithms and rules to process streams of event data that it receives from one or more sources. It generates new, summary-level facts (called complex events) and puts them in context to identify threat and opportunity situations. This information is then used to guide the response in sense-and-respond business activities. CEP is event-driven because the computation is triggered by the receipt of event data. CEP systems run continuously, so they are available to act as soon as the data arrives. Data is processed immediately upon arrival. By contrast, time-driven and request-driven IT systems store the data when it arrives, and processing is triggered later by a clock (in a time-driven system) or by a request from a person or computer program (in a request-driven system). One can produce complex events in a scheduled computation (time-driven processing) or in response to an ad hoc user query or method call (request-driven processing). However, the term CEP is generally only applied to event-driven processing.<br><br>Here, we focus on general-purpose, reusable event-processing software platforms that are customized at development time to implement CEP applications. The core of these platforms is a software engine that runs the CEP algorithms and rules. Commercial event-processing platform products typically include development and administrative tools; other tools to implement graphical business dashboards and alert end users; and adapters for various input event data sources and output devices.
 '''Document''': [[Media:Industry Adoption of Trends.pdf|Download the Industry Adoption of Trends document]]

@@ Line 14: / Line 14: @@
 === Industry Adoption Of The Process Trends: ===
-#Automation Business Process Analysis or Business Process Analysis (BPA) for the masses — This provides a simpler modelling approach tailored to business roles, rather than technical roles enabling business process analysis (BPA) tools to become popular among businesspeople. The resulting benefits will include faster realization of the desired business performance improvements — and better ability to meet time and budget targets — due to better process understanding, as well as extra insight into process impacts to avoid unpleasant surprises. BPA for the masses is a developing trend toward a simpler modelling approach tailored to business roles, rather than a technical or BPA expert.<br><br>It is simpler in that it uses familiar business terms, with attention to business goals and outcomes, and less inclusion of technical terms to support implementations. Because this trend will enable business process analysis (BPA) tools to become popular among business people, Gartner refers to it as "BPA for the masses." The traditional BPA tool category has focused on the need of business architects and analysts to collaborate with others, requiring more robust methods and tooling than many business process modelers care to deal with. However, BPA for the masses will be targeted directly at business staff, regardless of position or role, to provide them with easy-to-grasp insights into their own business processes. The goal is to capture the informal shadow process, concepts and information that are often missing on more formal in-process modelling and user requirements definitions. BPA for the masses tooling allows for collaboration around communities of interest to develop peer interactions, knowledge exchanges and consensus building. Harvesting information from common formats such as Excel, Word, PowerPoint (EVP) and Visio is a key requirement, as is the ability to communicate either with BPA traditional models or with common business formats. We expect BPA for the masses to be increasingly delivered via thin clients on-premises or the cloud through SaaS, as this will allow for communities to grow unimpeded. We see increased use of mobile technology for capturing at the source process-related information, which allows for BPA where needed.
+#Automation Business Process Analysis or Business Process Analysis (BPA) for the masses — This provides a simpler modelling approach tailored to business roles, rather than technical roles enabling business process analysis (BPA) tools to become popular among businesspeople. The resulting benefits will include faster realization of the desired business performance improvements — and better ability to meet time and budget targets — due to better process understanding, as well as extra insight into process impacts to avoid unpleasant surprises. BPA for the masses is a developing trend toward a simpler modelling approach tailored to business roles, rather than a technical or BPA expert. It is simpler in that it uses familiar business terms, with attention to business goals and outcomes, and less inclusion of technical terms to support implementations. Because this trend will enable business process analysis (BPA) tools to become popular among business people, Gartner refers to it as "BPA for the masses." The traditional BPA tool category has focused on the need of business architects and analysts to collaborate with others, requiring more robust methods and tooling than many business process modelers care to deal with. However, BPA for the masses will be targeted directly at business staff, regardless of position or role, to provide them with easy-to-grasp insights into their own business processes. The goal is to capture the informal shadow process, concepts and information that are often missing on more formal in-process modelling and user requirements definitions.<br><br>BPA for the masses tooling allows for collaboration around communities of interest to develop peer interactions, knowledge exchanges and consensus building. Harvesting information from common formats such as Excel, Word, PowerPoint (EVP) and Visio is a key requirement, as is the ability to communicate either with BPA traditional models or with common business formats. We expect BPA for the masses to be increasingly delivered via thin clients on-premises or the cloud through SaaS, as this will allow for communities to grow unimpeded. We see increased use of mobile technology for capturing at the source process-related information, which allows for BPA where needed.
-#Complex-event Processing (CEP). CEP is the basis for many Pattern-Based Strategies, particularly those that require continuous intelligence. When combined with BPM, CEP not only helps detect patterns, but also allows an organization to quickly act on those patterns through executable business processes. Complex-event processing (CEP) is a style of computing that is implemented by event-driven, continuous-intelligence systems. It differs from other kinds of computing in two key respects: In CEP, insight is derived by combining information from multiple data points (event objects). A CEP system uses algorithms and rules to process streams of event data that it receives from one or more sources. It generates new, summary-level facts (called complex events) and puts them in context to identify threat and opportunity situations. This information is then used to guide the response in sense-and-respond business activities. CEP is event-driven because the computation is triggered by the receipt of event data. CEP systems run continuously, so they are available to act as soon as the data arrives. Data is processed immediately upon arrival. By contrast, time-driven and request-driven IT systems store the data when it arrives, and processing is triggered later by a clock (in a time-driven system) or by a request from a person or computer program (in a request-driven system). One can produce complex events in a scheduled computation (time-driven processing) or in response to an ad hoc user query or method call (request-driven processing). However, the term CEP is generally only applied to event-driven processing. Here, we focus on general-purpose, reusable event-processing software platforms that are customized at development time to implement CEP applications. The core of these platforms is a software engine that runs the CEP algorithms and rules. Commercial event-processing platform products typically include development and administrative tools; other tools to implement graphical business dashboards and alert end users; and adapters for various input event data sources and output devices.
+#Complex-event Processing (CEP). CEP is the basis for many Pattern-Based Strategies, particularly those that require continuous intelligence. When combined with BPM, CEP not only helps detect patterns, but also allows an organization to quickly act on those patterns through executable business processes. Complex-event processing (CEP) is a style of computing that is implemented by event-driven, continuous-intelligence systems. It differs from other kinds of computing in two key respects: In CEP, insight is derived by combining information from multiple data points (event objects).<br><br>A CEP system uses algorithms and rules to process streams of event data that it receives from one or more sources. It generates new, summary-level facts (called complex events) and puts them in context to identify threat and opportunity situations. This information is then used to guide the response in sense-and-respond business activities. CEP is event-driven because the computation is triggered by the receipt of event data. CEP systems run continuously, so they are available to act as soon as the data arrives. Data is processed immediately upon arrival. By contrast, time-driven and request-driven IT systems store the data when it arrives, and processing is triggered later by a clock (in a time-driven system) or by a request from a person or computer program (in a request-driven system). One can produce complex events in a scheduled computation (time-driven processing) or in response to an ad hoc user query or method call (request-driven processing). However, the term CEP is generally only applied to event-driven processing.<br><br>Here, we focus on general-purpose, reusable event-processing software platforms that are customized at development time to implement CEP applications. The core of these platforms is a software engine that runs the CEP algorithms and rules. Commercial event-processing platform products typically include development and administrative tools; other tools to implement graphical business dashboards and alert end users; and adapters for various input event data sources and output devices.
 '''Document''': [[Media:Industry Adoption of Trends.pdf|Download the Industry Adoption of Trends document]]