Octopus is one of the smartest beings under the water. After (more...)
Over the years, companies have acquired various applications to run their business. Companies started with accounting and financial systems, then went ahead and implemented ERP and then jumped into CRM and many others like SCM, HRM along the way.
Soon companies realized that these applications need to exchange information and started “integrating” them, which primarily meant updating data across systems. Such point to point integration of applications works for some time and then business changes and companies need to make “customizations” to the applications. That starts another six months to a year cycle of changes, updates, customizations and testing of (more...)
Processes consume data, processes generate data. Some need a lot of data, like claims or loan, some generate a lot of data like online shopping. And data is generated at a different rates in different processes. Faster the process, faster is the rate at with they need data and generate data, in addition, response times of decisions in the process need to be adjusted accordingly. Some processes need a quick response, like when some highly caffeinated trader presses B instead of M while trading and takes the whole market down or algorithmic trading with a mind of its own. Some (more...)