Businesses seeking to achieve an unrivaled competitive advantage should take a hard look at their data management strategy. Data-driven decisions are faster, more reliable, and less costly when there is effective information flow and trust between all stakeholders. Enterprise Architects, Digital Practitioners, Sponsors, and Vendors gain superior business insight and planning abilities from using the IT4IT™ Reference Architecture, a standard of The Open Group, to improve data quality, transparency, and accessibility.
Dr Tim O’Neill, Founder and Principal at Avolution and Research Fellow at UTS
What technical and financial analytics should CIOs and decision makers expect from Enterprise Architects in 2022?
Enterprises are in the middle of an application explosion and a transformation acceleration.
Looking just at the application landscape: industry surveys tell us that the average enterprise is using 1,295 cloud services , and also runs around 500 custom applications . The worldwide enterprise applications market reached $241 billion last year, growing 4.1% year-over-year in 2020, according to IDC .
The underpinning architectures of enterprises– made up of interactions between people, processes and technology, and often also physical assets (IoT) – are also growing and changing at pace.
Enterprise Architects keep CIOs and business units informed using IT cost calculations and technical and lifecycle metrics.
They will often present costs and technical metrics for the current IT landscape, plus forecasts to inform planning for new business scenarios and digital transformation projects.