In his latest blog post, The Right Way to Ensure Operational Stability while moving to the Cloud, Thomas Rose, IBM Cloud Innovation Advisory Leader Germany, Austria and Switzerland, explained how IBM is using X-Act OBC Platform to optimize and improve the operational stability of their cloud services. X-Act OBC Platform is the innovation behind IBM’s […]
The analytics and emulation capabilities supported by X-Act OBC Platform arm business and technology leaders worldwide with the foresights they need to confidently respond to changing system dynamics and clearly understand which (and when) preventive and opportunistic actions should be taken to ensure the continuous efficiency and cost effectiveness of operations. Using accurate, representative and […]
Current risk management practices, which deal mostly with the risk of reoccurring historical events, cannot help business, government or economic leaders deal with the uncertainty and rate of change driven by the Fourth Industrial Revolution. As new innovations threaten to disrupt, business leaders lack the means to measure the risks and rewards associated with the adoption of new technologies and business models. Established companies are faltering as leaner and more agile start-ups bring to market the new products and services that customers of the on-demand or sharing economy desire—with better quality, faster speeds and/or lower costs than established companies can match.
Successful risk determination and mitigation is dependent on how well we understand and account for dynamic complexity, its evolution, and the amount of time before the system will hit the singularity (singularities) through the intensification of stress on the dependencies and intertwined structures forming the system. In this blog post, we provide an example of a client case where dynamic complexity played a key role in terms of resource consumption, time to deliver and volume to deliver. It illustrates how the predictive emulation provided by X-Act OBC Platform can be used to isolate the evolving impact of dynamic complexity and calculate risk as an impact on system performance, cost, scalability and dependability.