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October 15, 2007
[insight] Speed Wins 2
Product cycle is getting shorter
Process cycle is getting shorter
Service cycle is getting shorter.
because decision cycle is getting shorter as executives are getting more relevant information in real-time on their portable devices today. Faster decision is driving everything faster and as a result this world is changing at an unprecedented rate. Sometimes it is just hard to even breathe because there are just so much to catch up so quickly - just get back to your inbox and you will see what I mean.
All this speed mania is caused by innovation in BI - real-time dashboard, information democratization, predictive analysis, and so on. It is no surprise why BI is at the top of most CIOs' agenda. Not only they have to embrace BI but innovation in BI to stay current with the market change.
Size does not matter as much. See all those wondrous battleships from the World War II getting retired and becoming museums. Unfortunately, their size creates competitive disadvantage in today's fast-paced world.
Speed Wins.
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Posted by William Cho at 12:45 PM | Comments (0)
October 1, 2007
[trend] Success = Specialization
One recent IBM study claims that the world's most successful firms by 2010 will be "specialized enterprise". Most industry is moving toward external specialization. To be successful, firms need to select on what tool, industry, practice, etc. they want to become specialized and invest heavily in that particular component in order to become competitive in the market - e.g. "Cognos" specialist in "healthcare" industry building "performance management" system.
Once you achieve an elite status in a particular component you can select the next adjacent tool, industry, or practice to find further growth opportunity - e.g. "Hyperion" specialist in "healthcare" industry building "performance management" system.
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Here is one trend seen in TDWI conference.
"BI consulting companies popping up - The trade show had more small integration and consulting companies than I've ever seen at TDWI. Based on the number of these companies, the BI market has to be growing. It's also a reflection of the maturing software market. More complex tools, tool integration challenges, and new technology are all feeding the need for specialists."
Source
Perhaps we will see a growing number of BI specialists in the near future.
The trend is well aligned with the emergence of "specialized enterpise".
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Posted by William Cho at 9:15 AM | Comments (0)
