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Tuesday, 17 August 2021 / Published in Global Themes and Feature Topics, Industries

ICB as a Strategic Technology Trends in Business

The year 2020 had shown the importance of digital transformation in Business. Every year, Gartner listed out the top strategic technology trends as a guide to business owners in adopting applications or practices that enable them to achieve their business priorities. According to Gartner, in year 2021, the trend centered mainly on three themes which are people centricity, location independence and resilient delivery. The following illustrates the components in each theme.

Source: Gartner/SmarterWithGartner

While COVID-19 pandemic is seen as the factor that drive the changes in business practices today, the need for resilient delivery is undeniably a practice that will maintain longevity of an organisation in the future at any situation, be it a pandemic or a recession. In business, resilient delivery represents the ability of organisation to adapt or quickly change to overcome new challenges and support new operations in order to survive unavoidable disruption. This post focuses on ICB as a strategic technology trends in business which is a component in resilient delivery.

What is Intelligent Composable Business (ICB)?

Theoretically, ICB is an architecture with the ability to provide better access to information as well as increase the value of the information with new insights. Also it is composable, modular and able to respond rapidly when decisions are made. In practice, composable business is about creating organisation made from of interchangeable building blocks.

 Interchangeable building blocks in composable business

 

Why should your organisation adopt composable business?

When your organisation shifted to a more modular setup, you are creating composable business environment within your business. ICB works based on four principles which are; more speed through discovery, greater agility through modularity, better leadership through orchestration and resilience through autonomy. When the principles are applied into the building blocks, your organisation will earn the flexibility to adapt accordingly as needed in accordance to customer values or unexpected changes in supply chains or materials. With this capability, without doubt, your organisation will be a survivor in every inevitable disruption.

E-SPIN is actively helping enterprise customers to implement enterprise digital transformation solution to achieve scale, scope and speed. E-SPIN since 2005, already in the business of supply, consultancy, integration, training and maintenance of various supplied for enterprise customers and government agencies. Feel free to contact E-SPIN for your project and operation requirements.

Tagged under: Digital Transformation, Intelligent Composable Business (ICB)

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