draft document – for discussion only bank of america merrill lynch global markets & research...
TRANSCRIPT
DRAFT DOCUMENT – For Discussion ONLY
Bank of America Merrill LynchGlobal Markets & Research Technology
The Next Generation Enterprise
Iain MortimerMarch 2010
DRAFT DOCUMENT – For Discussion ONLY
Agenda
• Nature of the Future Business Environment• Technical needs of the future• Forecasting technical showers for the cloud
DRAFT DOCUMENT – For Discussion ONLY
Future Business Environment(An IT practitioner perspective)• Globalisation• Regulation• Technology
DRAFT DOCUMENT – For Discussion ONLY
Globalisation
• Continuing emergence of global organisations
• Consolidation of product/service providers• Maturity of multi-sourcing• Peak Oil - ~2016?• Asia/Latam economic growth
(Requires Systems Integration, Inter-operation and Security)
(Requires Systems Integration, Inter-operation and Security)
DRAFT DOCUMENT – For Discussion ONLY
Regulation
• Financial Services–Coordinated multi-regulator activity–Dive for transparency (bi-temporality)–Demands frequent, timely data–Product complexity continues to grow
• Non Financial Services–E.g. Pharma, Transport
(Requires advanced Data Management)(Requires advanced Data Management)
DRAFT DOCUMENT – For Discussion ONLY
Technology
• IT advances–Greater compute and storage capacity–Appliances–Intelligent machines?
• Bio-technology–Health, Agriculture
• Quantum–Manipulation of matter
(Requires designing for change)(Requires designing for change)
DRAFT DOCUMENT – For Discussion ONLY
Technical needs of the future
• Integration• Inter-operation• Security (Identity & Role)• Data Management• Flexibility
DRAFT DOCUMENT – For Discussion ONLY
Integration(Moving data between organisations)• Promise of SOA taking time to arrive• A large organisation’s middleware choices can profoundly hinder supply side partners
• Most middleware drives vendor lock-in–JMS – is an API standard–AMQP – is a wire protocol
DRAFT DOCUMENT – For Discussion ONLY
Inter-operation
• Fire and forget requests will not be enough in the future.
• Externalising demand, latency, system problems across the full IT supply chain will be key differentiators
–Agile Business Process Definition–Monitoring
• Dynamic Capacity Trading Exchanges
DRAFT DOCUMENT – For Discussion ONLY
Security (Identity & Role)
• Organisation’s IT will no longer be a fortress.–Bank of America Merrill Lynch Wealth
• Pervasive Identity standardised entitlements frameworks will be needed
• Data–loss & recovery–Interception & watermarking–Audit
DRAFT DOCUMENT – For Discussion ONLY
Data Management
• Shift in systems design thinking–Traditional focus on “data at rest”–Must encompass “data in transit”
• Semantic web still has very poor adoption• Certain verticals developing key standards
–Financial Services – FPML, FIX–FMCG - EDI
DRAFT DOCUMENT – For Discussion ONLY
Flexibility
• Application virtualisation will have a big impact on developers (finally)
–Environmental management–Packaging
• Developers will have to think more architecturally
–Distributed design issues –Design for n+1
DRAFT DOCUMENT – For Discussion ONLY
Next Generation Architecture
• Future Business models and IT execution styles will force a shift in the dynamics of systems
• These issues will hinder business growth until resolved
• Architecture practice will be more like understanding bird’s wings in flight - than using traditional construction analogies
DRAFT DOCUMENT – For Discussion ONLY
Forecasting Technical Showers for the Cloud – settled weather to follow• Enterprises must first fully understand their execution state – over their (perceived) configuration state
• Cloud providers must support a wide variety of platforms on demand and focus on reducing the technical issues highlighted here