By: Anupama Sripada, Business Analyst, from a major financial institution
Who is a Business Analyst?
Business analyst studies the overall business and information needs of an organization in order to develop appropriate solution strategies. As the key liaison between business and information technology departments, the business analyst is responsible for gathering and documenting business requirements and translating them into functional system design specifications that can be successfully executed by IT development teams. A business analyst acts as the communication central between the business and the technology people.
The key advance of optimization over traditional BPM technologies is the ability to address both the real time optimization of individual processes in flight as well as the ability to identify strategic changes to business processes to drive long term value and cost savings. This dual mission of optimization drives efficiency improvements as well as increased process effectiveness, or alignment with business process goals and performance indicators.
With all of the interest in SOA, most organizations are trying to figure out how to integrate SOA with other major initiatives including Enterprise Architecture and Business Process. Mr. Orr discusses an approach which integrates all of these approaches driven from business context, business value and business process concepts. In this talk, Mr. Orr shares a number of SOA design approaches based on a common business semantic strategy for doing business analysis and high-level service definition.
This presentation will provide an understanding of WS-Security (WSS): How it works, what it is, and what it isn’t. It also addresses the positioning of WSS within the larger family of web services security specifications, such as WS-Trust and WS-SecureConversation. And presents some information on possible deployment architectures.
The concept of agility has been in existence for more than a decade. Several techniques such as modular designs and component-based architecture have been tried. These techniques and their variants to improve agility did not fully address the two key factors namely, quickness and inexpensive, essential to maximize the business value. Lack of agility resulted in underutilization of traditional process-oriented systems. Service Oriented Architecture to process-oriented system integration offers hope in addressing the key factors.
Web Services offers great promise for large enterprises, but moving from project trials to enterprise adoption can represent a long road. First Data is a leading Fortune 500 financial services organization engaged in e-commerce, card processing and money transfer services that is exploring how to leverage this technology to transform its internal and external operations and will share its experiences in this regard.
This panel will feature some of the leading companies and thought-leaders in the service-oriented integration market. Questions that will be addressed during this session include:
- What role will existing integration tools investments play in an SOA world
- Three key benefits of Services-Oriented Integration
- Costs comparison between traditional integration approaches and SOI
Predictions for the SOI market over the next two years
The underlying simplicity of Web services is what makes them so appealing. SOAP and WSDL, sometimes coupled with UDDI, give you standards-based, cross-platform communications in a relatively short time. But what happens when you try to use Web services to run your business? Suddenly, this great new technology becomes secondary to your ability to secure, manage, monitor, guarantee, and improve the services provided. This presentation by the 3rd largest domestic bank tackles real-world issues when implementing a Service-Oriented Architecture using industrial-strength Web services. You will learn: How Web services do (and do not) support complex, commercial-quality processing; how to fill the gaps left by missing or immature standards; and when to consider "not" using Web services.
This session will explore the business benefits of implementing SOA such as enabling greater re-use of IT assets, lowering development costs, reducing development project time, improving collaboration throughout the value chain, yielding faster delivery of value to the business, achieving closer alignment of IT with business needs, permitting the introduction of new business models, and introducing greater adaptability to support ongoing change.
Time: 2:00 November 2, 2005
Building the business case for service-oriented architecture (SOA) is essential for widespread adoption. This presentation discusses the key elements of the business case, including traditional measures such as return on investment (ROI) and total cost-of-ownership (TCO) as well as examining the value of business agility and system extensibility, based on more that 10 years of experience building systems using SOA.