Decision Support And Systems Interoperability In Global Business Management

Source: Massachusetts Institute of Technology

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Globalization of business and volatility of financial markets has catapulted 'Cycle-time' as a key indicator of operational efficiency in business processes. Systems automation holds the promise to augment the ability of business and healthcare networks to rapidly adapt to changes or respond, with minimal human intervention, under ideal conditions. Currently, System Of Systems (SOS) or organization of networks contribute minimally in making decisions because collaboration remains elusive due the challenges of complexity. Convergence and maturity of research offers the potential for a paradigm shift in interoperability.
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Date:Sep 2007