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Topic : Technopalooza
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Started by : Vijay Mishra, Sales/BD Manager, Cybage Software   12 15 2008 08:30:46 +0000
Industry : IT ServicesFunctional Area : Strategy Execution(Strategy & Execution)
Activity:  46 views;  last activity : 07 06 2010 20:18:09 +0000

As the IT industry is changing and growing day by day and proving its own consequence in economic and financial growth of a country. As the time passes, the software industry is changing its structure, as you can see where so many novel emerging trends like BPOs and KPOs had come up. And these trends have changed the way people used to do IT business. The period will see huge changes in all facets of the IT market including clients, providers, investors, IT professionals and consumers, so What are the trends that are transforming IT scenario?? what are your views ont this..

 
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1 2 3 4 5
1 Mashups and SaaS on a public/private cloud
2 SOA
3 APPLICATION PORTFOLIO RATIONALIZATION
4 Software solutions
5 Mash-up

Mashups and SaaS on a public/private cloud

idea posted by Viktor Stephen COO, I Entrepreneur

Improvements in SOA are fast leading to improvements in SaaS and mashups. These combined in a private or public cloud will transform IT as we know it today.

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idea posted by Snehamoy Mukherjee Sales/BD Manager, Capgemini
It is assumed that in next 2 or 3 years, SOA will be a part of more than 80 per cent of new, mission-critical applications and business processes. SOA allow exchange of data between applications and become a part of business process. SOAs build applications out of software services and the resulting future application environment will be more granular, inclusive and fluid to enable rapid composition, integration, and reuse.
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APPLICATION PORTFOLIO RATIONALIZATION

idea posted by RanjithKumar Panjabikesan, PMP Client Servicing/Account Manager, TBD

IT Application Portfolio Management helps organizations understand the cost (in budget and resource  to support applications and which applications no longer support strategic objectives.

In a Nut shell, IT Application Portfolio Management deals with the following

 1. Describe Current Application Portfolios  in terms of  Functionality, Deployment, Platform,  Responsible etc

2.  Evaluate Current Applications in terms of  Functionally fit, Technically Fit, Operating costs etc

3.  Understand the Total Cost of Ownership (TCO) of applications

4.  Decide on Optimization / Rationalization  Strategies  

Application Portfolio Optimization Strategies

S.No

Strategy

Description

1

Retain

Continue operations and maintenance activities  

2

Re-Platform

Port an application from one technical platform to another

3

Replace

To change the existing application by decommissioning it and replacing
With a COTS (Commercial off the shelf) products/Package.

4

Consolidate

Consolidate with Other applications

5

Retire

To Sunset an application (Decommission)

6

Remediate

To Improve code quality, developer productivity and overall reliability of applications

7

Legacy Modernization

Transformation of Business Processes with Latest Technology/Business Solutions ex. SOA (Service Oriented Architecture) Business Process Modelling (BPM) etc.

8

Technical Extension

Technical Enhancement

9

Functional Extension

Functional Enhancement

5. Determine which applications should be Outsourced or Retired 

6.  Determine future application needs  based on future processes

7. Manage migration from current state to future state

 

Why is APM Important ?

The Key Objective of APM is to Align IT spending with BusinessStrategies and Priorities.  

APM helps decide Optimization strategies for applications in the application Portfolio

APM helps  ongoing and long term Management of 

1.  Benefits/Cost

2.  Risks

3.  Investment Planning

4.  Fiscal Liability

5.   Disaster Recovery and Business Continuity 

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Software solutions

idea posted by Vijay Mishra Sales/BD Manager, Cybage Software
According to me the software solutions are completely changing, where they are shifting to be user-centric, Web-centric, service-oriented and are utilized through new delivery models such as cloud and software as a service(Saas). And according to software experts, KPIs the key performance indicators are the primary indicators for the adoption of new software as they are able to express business and information technology strategy. So new software solutions which are much more user friendly and cost reliable are the trends in the IT scenario..
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Mash-up

idea posted by Mrigena Ray Sales/BD Manager, IBM
 Many novel technologies are knocking the doors of IT sector like mash-up. In the near future, web mashups will be the dominant model for the creation of composite enterprise applications because of easy to use and simplicity of the model.  And another benefit is that users can easily personalize mashup content that is displayed. So it can resolve issues such as content aggregation and the needs of personal flexibility in a business.  
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