Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
    big data and remote work
    Data Helps Speech-Language Pathologists Deliver Better Results
    6 Min Read
    data driven insights
    How Data-Driven Insights Are Addressing Gaps in Patient Communication and Equity
    8 Min Read
    pexels pavel danilyuk 8112119
    Data Analytics Is Revolutionizing Medical Credentialing
    8 Min Read
    data and seo
    Maximize SEO Success with Powerful Data Analytics Insights
    8 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Justifying SOA: 12 key metrics to keep tabs on
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > Justifying SOA: 12 key metrics to keep tabs on
Business Intelligence

Justifying SOA: 12 key metrics to keep tabs on

JoeMcKendrick
JoeMcKendrick
5 Min Read
SHARE

I’ve had a great discussion going on over at the ebizQ site concerning the importance of measurement to SOA success.

Loraine Lawson joined the discussion, and did a stellar job of summarizing some of the key SOA measurements under discussion into 12 succinct metrics to watch, drawn from the observations of Dan Foody, Dave Linthicum, Mark Little, Leo Shuster, and Jerry Smith. Here is Loraine’s composite list of their key SOA metrics:

1. Return on investment (ROI) per service: “ROI per service can serve as an early indicator of your overall ROI.”

2. Revenue Per Service: Not all services will generate revenue, of course, and this has to be taken into consideration.

More Read

Facebook Blocks Spammers with Restraining Order
What do I want my Epitaph and Legacy to Be?
How a Decision Management System Would Make It Easier to Watch the Olympics!
Ultimate Twitter Research Study
The Undeniable Evolution Of The Gaming Industry In Response To AI

3. Service Growth Rate/Reuse or Number of New Services Generated and Used as a Percentage of Total Services: “This metric can help you ensure you’re reusing services when possible and not developing redundant services. It’s also useful in calculating ROI for a service.”

4. Business Agility or Mean Time to Service Development: “Measured in how long it takes for a service to go from the design stage to the deployment stage.”

5. Mean Time to Service Change: The time it takes to change a service is another option f…

I’ve had a great discussion going on over at the ebizQ site concerning the importance of measurement to SOA success.

Loraine Lawson joined the discussion, and did a stellar job of
summarizing some of the key SOA measurements under discussion into 12 succinct metrics to watch, drawn from the observations of Dan Foody, Dave Linthicum, Mark Little, Leo Shuster, and Jerry Smith. Here is Loraine’s composite list of their key SOA metrics:

1. Return on investment (ROI) per service: “ROI per service can serve as an early indicator of your overall ROI.”

2. Revenue Per Service: Not all services will generate revenue, of course, and this has to be taken into consideration.

3. Service Growth Rate/Reuse or Number of New Services Generated and Used as a Percentage of Total Services:
“This metric can help you ensure you’re reusing services when possible
and not developing redundant services. It’s also useful in calculating
ROI for a service.”

4. Business Agility or Mean Time to Service Development: “Measured in how long it takes for a service to go from the design stage to the deployment stage.”

5. Mean Time to Service Change: The time it takes to change a service is another option for measuring agility.

6. Service Availability: This also reliability, measured in Mean Time to Failure (MTTF) and Mean Time to Recovery (MTTR).

7. Service Vitality Index: This “tracks the amount of revenue from new services over the last 12 months as a proportion of total service revenue.”

8. Efficiencies Associated with Service Reuse: “Efficiencies can be shown as time and cost savings associated with faster project deliveries when reusing services.”

9. Integration Time Savings: “Since the integration
cost for each ongoing or future project can only be estimated, a
standard reuse factor can be applied to the service build cost. Eighty
percent is the typical number used in these situations.”

10. Related Opportunity Costs: The opportunities
presented by SOA and service reuse need to be communicated across the
organization. This requires investment in governance methodologies and
associated technologies.

11. Cost Savings/Avoidance: “Service Cost Avoidance = Service Build Cost – Project’s Service Integration Cost.”

12. Reduction in Project and Maintenance Costs: “To
calculate the entire project’s cost avoidance amount, simply add the
cost avoidance for all the services being leveraged. To forecast the
total potential cost avoidance at any point of time, multiply the
number of times each service is envisioned to be leveraged by its build
cost and add it all together.”





Link to original post

TAGGED:metricssoa
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

image fx (2)
Monitoring Data Without Turning into Big Brother
Big Data Exclusive
image fx (71)
The Power of AI for Personalization in Email
Artificial Intelligence Exclusive Marketing
image fx (67)
Improving LinkedIn Ad Strategies with Data Analytics
Analytics Big Data Exclusive Software
big data and remote work
Data Helps Speech-Language Pathologists Deliver Better Results
Analytics Big Data Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

leverage existing data
Big DataBusiness IntelligenceData ScienceExclusiveMarketing

Leveraging Existing Data To Penetrate Saturated Markets

6 Min Read

Analyst: “Every cloud needs SOA behind it:”

3 Min Read

B2B CRM: The Right Contact Mix for Your Customer Relationship

5 Min Read

Email Resolutions for 2010 – Part II

3 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?