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Problem
Slow to capture new revenue opportunities
Due to technology and information agility constraints, the business is unable to take advantage of new revenue opportunities offered by new business models and technology breakthroughs.
Solved by these Interventions
Expose core business assets and relationships data via API
Make changes to APIs and implement new platform technology as required, in order to make all core business assets and their interconnected metadata available via API, conforming to an organization-wide data model.
Leads to these Problems
Losing market share to more nimble competitors
When a business is constrained by its information and technology agility, it is likely to lose market share to competitors that are able to move more rapidly, and turn their hand to new opportunities.
Caused by these Problems
Technical Debt (Tech Debt)
An identified issue that causes inefficiency or risk. This is a strategic issue that arises when project deliveries leave unintended artefacts, byproducts, or overheads that require resources to manage or support.
Innovation is slow and expensive
Agile deliveries create new tech legacy
The mandate to deliver quickly means that teams are discouraged from investing in long-term strategic capabilities and focus instead on immediate tactical information management and technical provisions.