The Real-Time Enterprise

ISBN-13: 9780849327773 / Angielski / Twarda / 2004 / 368 str.

Miguel J. Bagajewicz; Dr Dimitris N. Chorafas

Opis

Successful management teams can identify the cost and return derived from the implementation of new technology, and they can properly apply the technology toward gaining a competitive advantage. IT and business managers alike need a resource that enables them to prepare for future operating conditions, identify beneficial solutions, and use high technology to achieve organizational goals.
The Real-Time Enterprise analyzes the forward-looking implementation of IT within a business, focusing on how careful planning can improve efficiency while reducing costs. The book includes case studies that emphasize how the most profitable uses of technology are now the real-time response to customer requirements, and the accumulation of knowledge about markets and business partners.
Divided into four parts, the text begins by explaining how advanced information technology is a moving target, and why companies that want to benefit from it must set priorities and move quickly. Part II covers many recent developments in IT and its implementation, including smart dust and straight through processing (STP). Part III is made up of case studies that address specific application areas, including credit institutions, treasury operations, risk management, and approaches to replace office automation. The book concludes by exploring a series of prerequisites made necessary by advanced applications.
The Real-Time Enterprise provides a perspective on the deployment of strategic information technology, covering guidelines, advanced applications, and practical examples. It delivers a much-needed upgrade of knowledge and skills for IT professionals seeking to progress beyond traditional implementations.

Spis treści

ADVANCED INFORMATION TECHNOLOGY
IS A MOVING TARGET

Technology and the Real-Time Enterprise
Introduction
Foresight, Insight, and Competitive Advantages
Reinventing the Functions of Management
Knowledge Navigation and the Real-Time Enterprise
Past Breakthroughs, Advanced Knowledge, and Efficiency

Strategic Planning, Technology, and Organization
Introduction
A Long, Hard Look Into the Future
Organization, Identification, and Fast Deliverables
Coordination Through Management by Objectives
Strategic Plans Should Account for New Technology's Impact

New Trends in Information Technology
Introduction
A Concept of Internet Ecosystem
Trends in Networked Sophisticated Applications
Back to Basics
Miniaturization and Sensing Technology
What Can Be Expected from Smart Dust?

What Is Meant by High Tech?
Introduction
Using High Technology for Business Survival
Extending the Current Technology's Frontier
Managing Information as a Product
R&D is Integral Part of High Tech Implementation
High Technology and the Virtual Company

STRAIGHT-THROUGH PROCESSING, REALITY ON-LINE, AND KNOWLEDGE MANAGEMENT

Straight Through Processing
Introduction
A Practical Example with STP: Continuous Link Settlement
Continuities and Discontinuities: in STP Implementation
Exception Handling and Straight Through Processing
Connecting STP to Enterprise Resources Planning
Cost and Benefit with Straight Through Processing

Reality Online as an Integrative Solution
Introduction
System Design for Reality Online
Reality Online, and Smart Cars
System Integration by the Swiss Customs Authority. A Case Study
Prerequisites for and Payoffs from System Integration
Likely Social Impact of Reality Online

Executive Information Systems
Introduction
Concepts Underpinning Executive Information Systems
Executive Information System Examples with BNP Paribas and
Wal- Mart
A Corporate Memory Facility. Case Study with Magellan
The Important Role of Visualization in Executive Information Systems
A Well-Designed EIS Is Always User-Centered. A Case Study

Client Information Systems
Introduction
The New Age of Retail
Prerequisites to the Design of a Client Information System
MIT's Virtual Customer and Accenture's Virtual Double
Implementing the Client Mirror
Using Customer Relationship Management Software

CASE STUDIES WITH REAL-TIME ENTERPRISES

Real-Time Applications in the Banking Industry
Introduction
A 21st Century IT Solution for a Commercial Bank
Real-Time and Realspace Applications by Top Tier Institutions
Bankers Trust: Repositioning in Right Side of Balance Sheet
Use of Expert Systems by the Deutsche Bundesbank
Taking an Integrated View of EIS and CIS

Real-Time Treasury Operations
Introduction
Pillars of Treasury Control. A Case Study
A Closer Look Into Assets and Liabilities Management
Crisis of Fund Management. A Case Study
Benefits from an A&L Acid Test
Challenges with Home-Host Financial Reporting

Real-Time Risk Management
Introduction
Organization, Technology, and Enterprise Risk Management
Uncertainties Connected to Credit Risk
Uncertainties Resulting from Market Risk
The Real-time Evaluation of Gains and Losses
Isaac Newton's Policy for Effective Control

Implementing Realspace Solutions to Replace Office
Automation
Introduction
Office Automation Must Be Upgraded with Real-Time Technology
Case Study on the Revamping of Office Automation
Cultural Change is Inevitable, No Matter Which Is the New System
Advanced Solutions Rest on Re-Engineered Real-Time Applications
Offshoring the Back Office and Real-Time Connectivity

PREREQUISITES TO REAL-TIME SOLUTIONS

Business Architecture for a Real-Time Enterprise
Introduction
Designing a Business Architecture to Promote Client Focus and
Innovation
Challenges a Business Architecture Must Overcome
The Interim Business Architecture of a Money Center Bank. A Case
Study
Converging Towards Implementation of a Realspace Environment. A
Case Study

Data Mining Anywhere, at Any Time, on Any Subject
Introduction
End Users and the Need for Real-Time Databases
Increasing Return on IT Investments through Data Mining
Improving the Sophistication of Interactive Database Access
Database Solutions and Quality of Service

Case Studies on Internet-Intrinsic Models
Introduction
Internet Technology Towards 2010
Internet-Intrinsic Business Models
Case Studies on Internet Use in Retail Banking
Rethinking the Horizon of Internet Retail Banking Services
Internet and the Securities Industry

End-to-End Deliverables through Internet Ecosystems
Introduction
End-to-End on the Internet
Time and Its Challenges
Virtue Is Knowledge Which Cannot Be Taught
Learning How to Do Internet Ecosystem Studies
Deliverables for the SMEs and the Virus Threat
Who Can Make Money on the Internet?

Business Continuity and Contingency Planning
Introduction
Management of Business Continuity and the Terrorist Threats
Learning a Lesson from the Law of Unexpected Consequences
Operational Risk Control, Contingency Planning, and Disaster
Recovery
Controlling the Company's Cost Structure through Technology

O autorze

Chorafas\, Dimitris N.