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February 2003 issue
- The marketing function
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December 2002 issue
- A fistful of orders
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October 2002 issue
- The next big thing
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e-Xpertise in Industry October 2002

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 Porter’s value chain analysis, Hammer & Champy’s 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 I’s 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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