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Book review:
The Death of e and the Birth of the Real New Economy
by Peter Fingar and Ronald Aronica, ISBN
0-929652-20-7, Meghan-Kiffer Press
The authors start by explaining the dot.com bubble
of 2000, and use the ensuing melt-down in world markets as the call
to arms for all businesses to re-examine their models and strategies,
now that the Internet and e-business are simply part of normal commercial
practice.
For anyone who is interested in what the e-business boom was, or
is, all about, this book provides interesting analysis and builds
credible models and arguments for the future of the digital economy.
A casual reader can focus on certain areas or technologies of interest,
by flicking through relevant chapters and appendices. The more committed
business manager or academic can follow the authors from the start
in developing their vision of the digital future as a dynamic business
ecosystem built around Internet technologies. The large, corporate
American focus may deter some readers, but beneath the gloss is
some sound and practical advice.
It is, in fact, a book of two halves (plus some useful appendices):
Part I discusses the work of recognised leaders in business thinking
Michael Porters value chain analysis, Hammer &
Champys business process re-engineering, for example. It re-builds
them into more dynamic, Internet & technology-driven models
that are closely aligned to the changing needs of business in the
21st century. On the way, the authors cover emerging technologies
and models like electronic marketplaces, peer-to-peer commerce,
e-hubs, B2B exchanges, auctions, wireless applications, m-commerce,
intelligent agents, B2B consortia, collaborative commerce, digital
strategies, essential technologies and Web-services.
Part II consists of, In-depth analyses from the Thought Leaders,
a collection of papers ranging from Peer-to-Peer Commerce
and Collaborative Commerce, through Portals: Business
on the Network Edge and Adaptive Strategies for B2B
Marketplaces, to B2B Integration: The Message
is in the Medium and Bringing Visibility to the Extended
Supply Chain.
Part Is solutions provide some stimulating reading, though
some of the proposed solutions are perhaps, even now, looking dated
by the inevitable forwards roll of technology. Some of the models
are also destined to remain simply as logical visions, as the authors
themselves acknowledge - Building and maintaining such software
are monumental tasks beyond the capabilities of individual companies,
(Bringing it all together, p126). They call for companies
and software suppliers to build the architectures and applications
in true partnership using what is available today, but with an eye
on what will fit tomorrow.
In Part II, the thought-leaders are often closely-related to their
interest areas from commercial concerns using certain types
of technology to standards bodies like the OMG and XML Foundation.
They are pro-usage, but provide an interesting, if partial, perspective
in-depth on each issue. The appendices also give more background
on the crash of 2000, digital commerce in the 21st century and emerging
standards like XML, UDDI and UML.
Nick
Ballard
email: nick.ballard@cambashi.com
Also in this issue:
Feature Article:
The next big thing?
Bob Brown looks at the next big thing and decides that it may not
be a killer application but instead may be surprisingly
mundane.
Hot Topic: Design Data
Operability A PLM pre-requisite?
Allan Behrens discusses the issues surrounding the provision of
truly integrated solutions that will provide the next manufacturing
leap in productivity
.
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