We all know that using up-to-date and correct data is crucial to support informed decisions. This is why we are introducing Data Policies in HoriZZon to make it easier for you to carefully delegate responsibilities across your organization. This move will ensure high data quality, as well as support the creation and consumption of trusted analytics. Read more
Enterprise Architecture Software
Internal regulations governance has become more and more critical both because of exogenous pressures (e.g. an ever-changing legislative environment, increased scrutiny from regulatory institutions) as well as endogenous ones (e.g. frequent organizational changes and corporate acquisitions). A company’s own regulatory framework consists of various sorts of documents. Some have merely an informative purpose, others regulate operational activities, while others still focus on the internal control system. Read more
At the start of a new year, everyone comes up with their predictions for the future. However, as we have learned last year, all these forecasts can easily be upended. There appears to be light at the end of the COVID-19 tunnel with vaccination rollouts starting, but new variants of the virus could have nasty surprises in store. Who knows what’s going to happen? It’s like predicting the price of Bitcoin. You might strike it rich or you might lose your shirt. Read more
We’ve stepped into 2021 and it seems like the worst is behind us. Yes, in some regions a new, more dangerous strain of the virus has been detected, but overall it seems reasonable to expect things to get better as we move on. After all, a number of vaccines are expected to be released and also most countries have begun prioritized vaccinations already. Read more
2020 was a tough year. Covid-19 created a ‘perfect storm’, leaving many companies fighting an unfair fight. And we are still in the middle of it. Let 2021 be the start of a better future for all of us. Read more
Regulatory compliance is a core business fact of life for the financial services industry today. Compliance is not only about combating financial crimes such as money laundering, fraud, and tax evasion. But also about operating in a prudent and responsible manner and being able to prove that you have the policies, procedures and processes in place to do it reliably – covering everything from capital and corporate governance to data privacy, disclosures and diversity. Compliance plays an essential role in helping to preserve the integrity and reputation of a bank.
Designing Better Enterprises – Yes, Please!
The 2020 BiZZdesign Connect Conference has concluded and we’re happy to say it was a tremendous success! Our theme and proposition for you this year was Designing Better Enterprises, and apparently the rest of the world found it really relevant. So many hundreds of professionals attended the online event that took place Thursday, November 19th in order to witness the talks we had prepared! Read more
While we are navigating the “new normal”, we are trying to cope with things in the best possible way. As such, we continue to realize new product developments and improvements for our customers. Read more
Recently, the Banking Industry Architecture Network (BIAN) published version 8.0 of its financial industry reference architecture (https://bian.org/servicelandscape-8-0/). This provides a comprehensive model of the business capabilities, business scenarios, service domains and business objects used in banking and other financial services. Read more
At BiZZdesign, we believe collaboration is a key success factor for business change. In fact, collaboration is one of the main drivers behind the development of HoriZZon. Read more
Schaeffler is a globally acting component supplier for the mechanical engineering and automotive industry employing around 89,000 people. Facing the challenges and opportunities of digitization and transition from combustion engines to fuel-cell and electric vehicles, the business processes and underpinning application landscape and technology use are in an ongoing transition; generating a strong need for Enterprise Architecture. In this blog we outline the nature of EA at Schaeffler and tool support by BiZZdesign’s solution, focusing on architecture modeling quality. Read more
The recent release of the annual Gartner MQ Report for Enterprise Architecture Tools provided all of us here at BiZZdesign with a very pleasant piece of news. For the fourth year in a row we were acknowledged as a Leader, and for the second time the vendor with the highest Ability to Execute score.
A great many organizations have migrated their workloads (databases, back office systems, web applications etc.) to the cloud over the last decade or so. A great many more have still to do so, either because they’re dealing with industry-specific regulatory requirements or, more likely, because of the disruption this change would cause. In any case, the benefits of a cloud migration are well-known at this point, so we won’t waste time talking about those.
One of the biggest challenges in making Enterprise Architecture successful is ensuring proper communication with business stakeholders. Enterprise Architecture is quite often perceived as a discipline of the IT organization (where unfortunately also many EA teams are operating), and the traditional EA diagrams are not always the best visualizations for business stakeholders. To create better alignment with the business organization, it is important to create business-friendly visualizations, both from format and content perspective. This will help in improving the maturity of your EA practice and establish it as an enabler of strategic decision making and continuous change.
“Do I need an EA tool to deliver digital transformation, or can I just rely on a CMDB?”. Or, in the same vein “What is the difference between an EA tool and a CMDB?”. And “Why buy an EA tool if I have a CMDB?”.
Whatever your role, wherever you are, you are measured by the value that you bring. People interact with you because they derive some value from that interaction. That could be political, social, economic, intellectual or technical. To maximize your value, you need to understand how that interaction is measured.
An enterprise architect friend of mine recently posed an interesting question: “I lead a relatively mature EA practice that delivers good value to our organization. We are digitally transforming the organization and adopting agile ways of working across the enterprise, which is improving our outcomes for individual initiatives. But I am worried these efforts are sometimes wasted on delivering capabilities managers tell us are important, rather than the ones that are truly game-changing. How do I get in front of this, and help lead us to the right strategic outcomes?”
A while back we put out a post meant to give enterprise architects a hand with successfully passing a job interview. In a similar vein, today we’re offering architecture practitioners some great pieces of advice that we’ve come by after consulting with some of the more experienced members of the BiZZdesign team, people who have counseled countless EA practices and successfully carried out a wide range of business change initiatives. Read more
Cybersecurity is one of the key issues the business world has to deal with, and its importance will only rise. As technology steadily evolves to take over increasingly more aspects of business (and personal) life, the need for security is being made pressingly apparent by incidents such as the breaches at Yahoo and Experian, or the WannaCry ransomware attack. Every year, a huge number of companies are hacked. Here are just some of the most famous cases to give you an idea. The result? Countless people worldwide being affected, with the cost of poor cybersecurity easily running in the millions.
Talent is rare
Well, the right talent is, anyway. As new technologies make their way into the marketplace and their adoption becomes generalized, organizations are experiencing a personnel squeeze that poses a risk to both ongoing operations as well future plans. The newer (and more sophisticated) a technology, the scarcer the talent to support it, and ultimately the more difficult it is for an enterprise to ensure it doesn’t miss out in favor of the competition.