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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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From: Frank A. Coluccio10/26/2006 3:44:21 AM
   of 46821
 
Enterprise 2.0 - Cyber-infrastructure for business
Bill St.Arnaud bill.st.arnaud at canarie.ca
Tue Oct 24 11:40:28 EDT 2006

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[Here is an excellent paper on how the same tools that are transforming
science, are now also transforming business. SOA, grids, P2P and related
technologies are fundamentally changing the way consumers interact with
business. The concept of the "User Controlled Business Process" is now
starting to shape the business environment where customers and business
partners can now compose and link business processes within and between
organizations, independent of the originating organization business
structure. Last week's Economist also had a good article on this where
Amazon is offering a variety of business services for its customers to
consume. Amazon has realized that business processes themselves are a
product. Some excerpt from Don Tapscott's paper-- BSA]

newparadigm.com

Winning with the Enterprise 2.0
by Don Tapscott

Today we're at a defining moment in business history-the threshold of a
dramatic shift in the way that firms are organized, innovate and create
value. Information technology and new networked business structures are
removing the sources of friction in our economy... A new breed of open,
networked organization-the Enterprise 2.0-is emerging.

Such enterprises orchestrate resources, create value and compete very
differently than traditional firms. They also drive important changes in
their respective industries and even the rules of competition. Research and
experience shows those that understand these changes can gain rapid
advantage in their markets and build sustainable businesses.

If there is one theme that cuts across all ten dimensions and defines the
new enterprise, it is collaboration. Collaboration is the new foundation of
competitiveness. Normally the term collaboration conjures up images of
office workers interacting effectively together. But the concept is
changing. By "collaboration" we mean the increasing richness of means by
which objects (things, people and firms) can work together enhanced by the
medium of the Internet. We have described this as the fundamental transition
of the Internet from being a communications platform to a computation
platform.

As the Internet evolves beyond a presentation medium (based on HTML) to a
global computational platform (based on XML, SOAP, UDDI and a new lingua
franca for distributed computing) it enables engagement and collaboration
with and among all the stakeholders of the corporation-not only employees
and b-web suppliers but also customers, shareholders, community members and
others.

Continued at:
newparadigm.com

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Bill.St.Arnaud at canarie.ca
www.canarie.ca/~bstarn
skype: pocketpro
SkypeIn: +1 614 441-9603
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Bill.St.Arnaud at canarie.ca
www.canarie.ca/~bstarn
skype: pocketpro
SkypeIn: +1 614 441-9603
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