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
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
    data analytics and truck accident claims
    How Data Analytics Reduces Truck Accidents and Speeds Up Claims
    7 Min Read
    predictive analytics for interior designers
    Interior Designers Boost Profits with Predictive Analytics
    8 Min Read
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Pattern-based strategy
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 > Pattern-based strategy
Business Intelligence

Pattern-based strategy

JamesTaylor
JamesTaylor
4 Min Read
SHARE

Tom Austin opened day 2 with a discussion of pattern-based strategies. How, he asks, did the world get so many things so wrong- the financial meltdown, the growth of terrorism etc. Enterprises have an illusion that they control their own destiny, that business stability is the norm and that technology is the answer. But network complexity and uncertainty impact this and make a pattern-based approach critical in Gartner’s opinion.  Gartner sees IT moving through various eras, each increasing the size of the ecosystem and decreasing the degree of control.

  • Automation
  • Augmentation 
  • Knowledge workers
  • e-commerce
  • Collective
  • Pattern-seeking

The world in which we are operating is different. We suffer from various illusions including an Illusion of control – as companies have become more distributed and involve more complex interactions with partners, distribution channels etc you have less control, though you still need to understand what is happening. In this kind of complex environment you can easily get cascade failures or, indeed, cascade successes. Finally we have an illusion of stability, we avoid thinking about black swans…

More Read

An Update – SAP BI and EIM 4.0
More Brands Use AI Driven PPC Strategies For Optimal Exposure
In Search of Horribly Low Response Rates
Top Five AI-Driven Digital Marketing Tools in 2023
Translating Artificial Intelligence: Learning to Speak Global Languages


Tom Austin opened day 2 with a discussion of pattern-based strategies. How, he asks, did the world get so many things so wrong- the financial meltdown, the growth of terrorism etc. Enterprises have an illusion that they control their own destiny, that business stability is the norm and that technology is the answer. But network complexity and uncertainty impact this and make a pattern-based approach critical in Gartner’s opinion.  Gartner sees IT moving through various eras, each increasing the size of the ecosystem and decreasing the degree of control.

  • Automation
  • Augmentation 
  • Knowledge workers
  • e-commerce
  • Collective
  • Pattern-seeking

The world in which we are operating is different. We suffer from various illusions including an Illusion of control – as companies have become more distributed and involve more complex interactions with partners, distribution channels etc you have less control, though you still need to understand what is happening. In this kind of complex environment you can easily get cascade failures or, indeed, cascade successes. Finally we have an illusion of stability, we avoid thinking about black swans – very unexpected, almost “impossible” events. In particular we tend to focus on the norm and ignore the outliers.

Pattern-based strategies are Gartner’s response to this complexity. Patterns could impact strategy or operations and could be a response to risks or opportunities. The approach requires:

  • Pattern seeking-Looking for outliers, coincident information
  • Performance-driven culture? Looking to future-facing metrics to replace backward looking ones
  • Operational tempo advantage- Become a more real-time organization
  • Transparency- Make more information available to more people to increase your ability to spot novel patterns

IT is clearly critical to detecting patterns, tracking and presenting future-facing performance metrics, running in real-time and improving transparency.

Link to original post

TAGGED:itpattern-based strategystrategy alignment
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

AI role in medical industry
The Role Of AI In Transforming Medical Manufacturing
Artificial Intelligence Exclusive
b2b sales
Unseen Barriers: Identifying Bottlenecks In B2B Sales
Business Rules Exclusive Infographic
data intelligence in healthcare
How Data Is Powering Real-Time Intelligence in Health Systems
Big Data Exclusive
intersection of data
The Intersection of Data and Empathy in Modern Support Careers
Big Data Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Staring at the Lights: Your Data Warehouse Isn’t a Commodity

6 Min Read

No More CIO? At Forrester, New Title Signals New Approach to IT

4 Min Read

What Every CEO Needs to Know About IT

9 Min Read

Ten Data Integration Trends for 2010

4 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 chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots

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?