Digital Business (DBiz)

Blockchain to Valuechain

Editors Note: DBizInstitute is excited to share this article, written by Dr. Setrag Khoshafian, with our community and in advance of his new book release. Keep an eye on our website as we share additional articles in the coming months written by Setrag, as well as a pending Meet the Author webcast to discuss his new book 'How to Alleviate Digital Transformation Debt' expected to air Fall 2021. This article was originally published on CognitiveWorld.com on December 2, 2019. 

The decentralized ledger technology (DLT) underlying cryptocurrencies - Blockchain - is becoming a defacto solution for many peer-to-peer applications.

Taming Entropy: From Waterwheels to Robotic Process Automation (RPA)

In one of my earlier articles on Disruption, Innovation and the Art of Business Architecture, I made the case that the concept of entropy is highly applicable in explaining the evolution of business organizations.

Generally speaking, entropy is the measure of disorder in a closed system, and it is a concept borrowed from thermodynamics - the branch of physics that deals with the relationship between heat, work, temperature, and energy in a system.

Ramping Up Skills for Digital

EDITOR’S NOTE: DBizInstitute.org has released it first research report "Digital Business Adoption: Examining the drivers for digital business success around the world". Access this members-only report by logging in (existing members) or join DBizInstitute.org today.

Digital Business Adoption Research Report

The Digital Business Adoption Report, a members-only research report, represents the first survey by DBizInstitute.org and as such will form the baseline for future research in this area. The objective was to examine who and what is driving Digital Business Adoption as well as the expected benefits, enabling technologies and required skills for practitioners around the world.

Login or join today to get your copy. In the twelve-page report you will learn:

  • Who is Driving Digital
  • What is Driving Digital
  • What are the Prerequisites
  • Fundamentals for Digital
  • Skills for Digital
  • Skills Gap

Respondents from USA, Canada, Europe, Asia and Middle East provide a global flavor to the survey.

Top 5 Digital Trends for 2019

2019 is going to be a very different year than the past few years. 2017 was a "pedal to the metal" year where almost all were making forward momentum with digital. 2018 started strong, but there was a shift to "steady speed" over acceleration. Many economic experts are now predicting a slight dip in growth which means businesses will be hovering their foot above the brake pedal just in case the turmoil in the markets takes a sharp turn.  What does this mean for business investment in Digital? This blog will be my best shot at predicting the likely trends.

IBM Cloud Private: A Private Cloud Story

IBM Cloud Private is a reliable and scalable cloud platform that runs on your infrastructure. It’s built on open-source frameworks, like containers, Kubernetes and Cloud Foundry, with common services for self-service deployment, monitoring, logging and security, as well as a IBM portfolio of middleware, data and analytics. With IBM Cloud Private platform, development and administrative teams share a flexible cloud environment behind their firewalls to create new microservices-based applications, modernize existing apps using cloud-enabled middleware and securely integrate between the two.

Robotic Process Automation within your Organization

Whether you are into BPM on a full-time basis or a general technologist, it is hard to not be seriously considering RPA or RDA (Robotic Desktop Automation) in the mix of any business solution you are working on lately. For Pegasystems specialist, you may have been introduced to RPA by their fairly recent acquisition of OpenSpan (now Pega Robotics). Pegasystems is rapidly assimilating the RPA into their BPM platform (PRPC 7.4).  Although, integration with BPM is a good feature, in the industry RPA is platform agnostic and considered a platform in and of itself. 

I have seen some organizations establish entire reporting units dedicated to RPA, even with a well-established BPM practice already in place. In discussions with technology leads, some seem to have a hard time enunciating how RPA fits into the overall architecture, this will be mitigated once there are enough RPA implementations and associated case studies disseminated.  

Accelerate Digital Transformation with Process Management

EDITORS NOTE: DBizInstitute.org is conducting a Digital Business Adoption survey. Please take a few moments to answer the survey and contribute to this important research.

Using Business Architecture to Design Future Industries

Have you heard the news? Space has become Big Business. Currently evaluated at around $350 billion, studies done by investment banks such as Goldman Sachs, Morgan Stanley and Bank of America Merrill Lynch predict that the global space economy could grow to $1 trillion or more in the 2040s. 

The signs that space has gone mainstream are in plain sight. Stephen Colbert and Neil deGrasse Tyson are riding around New York City in a Mars rover... Iridium Communications is planning to launch its final Iridium NEXT satellite using a flight-proven Falcon 9 Block 5 booster… Elon Musk's rocket company is sending a Japanese billionaire and eight artists around the moon… The news making headlines in the social media are only the tip of the iceberg. Below the waterline, the space industry (appropriately called “New Space” - to distinguish it from the 20thcentury “old space”, which was mostly the domain of governments) is a place teeming with exuberance and ideas. 

Changing the Organizational Leadership DNA to Support a Digital Business

 “You can change everything about your business by changing your thinking about your business” – Zig Ziglar

Every day, I get up inspired and passionate about the opportunities in front of our company, to “Improve the health and well-being of our customers and communities”. This is our rallying call, our lifeblood, and our purpose that fuels our passion. This is the WHAT we are here to do, as we serve our State, as a Health Insurer with a mission and vision of service.

Being clear in the WHAT, with a strong mission, vision and strategy, is an important foundation. Equally important is the HOW we are going to get there. I have the privilege of leading the teams that serve as the Enterprise Business Strategy Activation arm and several change initiatives that are shifting how we think about the business. 

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