We all know that Banks have been one of the early adopters of Service-Oriented Architecture (SOA) and Integration technology such as Enterprise Service Bus (ESB). Why was it imperative for banks to embrace SOA? The diverse enterprise eco-system centered on the core banking platform can easily become very complex with hundreds of interconnected systems built using diverse technology stacks and scattered around different geographical locations. It was either death by a thousand cuts or to adopt SOA, and wisely so, most banks chose the latter!
Digitalization is forcing the convergence of networks and platforms that have traditionally remained separate. Mobile networks have previously been the domain of telecommunications providers, but as new mobile generations emerge the reach of the network is also becoming an enterprise domain.
We spoke with Thomas Magedanz, Professor of Electrical Engineering and Computer Sciences at the Technische Universität Berlin and Director of the software-based networks competence center at Fraunhofer Institute FOKUS, about the expectations for 5G networks, why 5G technologies are being tested with Smart Cities applications and how standards can drive the global network interoperability that 5G will require. Thomas was a keynote speaker at The Open Group Berlin 2017 in April.
On Monday, April 24, Steve Nunn, President and CEO of The Open Group gave a warm welcome to over 200 attendees from 24 countries at the ‘Smart Cities/Making Standards Work’ event in Berlin, Germany. The venue, Berlin Marriott, sits on the site where some of the Berlin Wall was. In several meeting rooms, attendees were in the former East and West Berlin at the same time.
The concept of the “smart city” is beginning to be adopted by cities and municipalities worldwide. By providing “smart,” digital services, cities will, ostensibly, become more attractive places to live, offering better living conditions to citizens.
By The Open Group
The term “disruption” has been the de rigueur description for what’s been going on in the technology industry for a number of years now. But with the pressures of a digital economy facing all industries now, each is being disrupted in numerous ways.
By Stuart Macgregor, CEO, Real IRM and The Open Group South Africa This is Part 2 of a two part series. Part 1 can be