Most of the companies that have been developing their own corporate management products are over a decade old. Recently, especially given the conditions in which the pandemic has placed us, the need for enterprise development is only growing. Let’s consider its relevance in the context of Enterprise Architecture technology.
Dealing with the accumulated IT baggage
Today it is almost impossible to find a large or medium-sized enterprise without a whole baggage of IT systems. It is often the accumulated baggage created by other teams, under the guidance of other people, and on the basis of already irrelevant business requirements. And each of them also carries the costs of operation, support, sometimes considerable license fees, salaries of employees serving these assets. Revision of them is required to find out which of the systems can be abandoned and how it can be done correctly.
Reducing Time – to – Market
The modern economy is a consumer and service economy. Now the market leader is the one who has the lowest Time-to-Market indicator for new products. This metric is highly dependent on IT technologies. If there are outdated technologies in the IT landscape, then we must gradually withdraw them from circulation, replace them with something that will allow us to compete in the speed of development and bring new products and services to the market. EA systems can help you discover technology pain points for key business processes and all the dependencies associated with them.
Complying with the requirements of regulators
Any business is influenced by external factors, for example, a changing regulatory framework and regulatory requirements. New legislation always leads to changes in the business architecture, to which the IT development must also adapt quickly. In order not to be fined, companies are required to regularly report to the authorities on how they structure and store personal data of citizens. The Enterprise Architecture tool allows you to structure, model and control how an organization operates with data, for which a whole domain is “allocated” – Data Architecture. Try enterprise software development with Dataart to correspond with the changes.
Maintaining the integrity and balance of extensive project activities
Most of the global technology investments in factories take place within the framework of project management. Any project has its own KPIs, sharpened to assess the effectiveness of a specific project. The project team monitores them, and its success depends on it. But who of us has not faced the situation: the project was executed amazingly, and the indicators of the organization as a whole sagged? Project management is discrete by definition, but we are now working in a state of constant change. If you do not use the methods and systems of Enterprise Architecture in the implementation of the project, it is difficult to strike a balance between projects and investments in each and at the same time get the maximum benefit for the enterprise as a whole.
Smoothing gaps in understanding of different practices and departments
There are two types of modern organizations. Some rely on the creativity of the business approach: new technologies, gamification, marketing innovations. The second work in a more familiar planned approach, they conduct their business according to the principles of Michael Porter. There are more and more companies with the principles of a creative and intuitive approach. This results in changes in their financial software development leading to a gap between strategy and implementation capabilities. “Traditional” units do not understand the ideas of “innovators”. Enterprise Architecture is primarily a practice about managing relationships that helps to reduce growing gaps, including communication ones. It allows using its tools to show the goals, objectives, functions, processes, systems, technologies and development maps for certain transformations.