Enterprise Asset Management with Enterprise Evolution

IT managers are facing a variety of business pressures that are forcing them to evaluate what they should do with their aging enterprise assets. Legacy Enterprise Asset Management consists not only of the hardware and software assets, but the skills and knowledge assets invested in that legacy enterprise environment. In many cases, IT managers don't know what to do. If they have an existing support staff, they have the added burden of training or replacing them when the replacement system is installed. Their choices are limited by many factors, but the most prevalent constraint is money. This makes Enterprise Modernization their best choice going forward.

While the cost of Enterprise Modernization is much lower than COTS and EAI, it is more work up front to assess all of the assets of the existing system. To get the most out your enterprise assets, a SWOT needs to be compiled for the project, and long term costs need to be identified. One good approach to Enterprise Asset Management is Enterprise Evolution. What is Enterprise Evolution? Here is a brief description:

• Enterprise Evolution is eCube's Software Modernization approach incorporates a three step process to ensure that not only the application evolves , but the skills and knowledge of your staff evolves as well. With ARM, the Assessment incorporates Software Knowledge Discovery, Architecture analysis, Technical Assets inventory, Knowledge and Business requirements into an intelligent evolution of the application. The output of this process, the Assessment Report, contains detailed information on Enterprise Asset Management and can actually lower operational costs, provides better performance, and extends ROI of your existing enterprise assets. It shares the reduced risk benefits of Enterprise Application Integration, but provides the additional benefits of compliance with industry and corporate standards that are driving the Software Modernization process.

• Enterprise Asset Management is a by-product of the Enterprise Evolution ARM process. By identifying your enterprise assets, assessing their strengths and weaknesses, you can plan an evolution strategy that targets the strengths, thereby reducing your costs. With targeted training and added knowledge skills for your team your are evolving your total assets and utilizing your existing skills and knowledge more efficiently. You can retain a more competitive edge in your IT solutions and not lose those assets that make your company unique. Instead of throwing away assets every time you change paradigms and vendors,  Enterprise Asset Management with Enterprise Evolution provides an intelligent way to get the most out of what you have.

With NXTera 5.0 and NXTware EV, eCube Systems provides an infrastructure that will allow your Enterprise Asset Management strategy to grow. By integrating legacy assets with a systematic approach using Enterprise Evolution, Enterprise Asset Management  makes legacy enterprise evolution the extension of technology equity. This process is based on the evolution of existing business logic and the integration/Implementation of contemporary platforms, such as .NET, J2EE, Web Services, HTTP/Servlets and XML.

eCube's Software Modernization process called Enterprise Evolution enables companies to extend the value of existing enterprise applications and business logic by defending it from “software hardening” the growing inflexibility of legacy systems and enabling it to participate as an enterprise service provider.

Enterprise Asset Modernization has a cost, but it should’t be your company's competitive advantage.  In many cases IT organization are finding that converting to COTS packages and re-training their entire staff has a staggering cost: the IT people no longer understand the business logic of the new system AND the underlying technology that delivers it. This results in a loss of valuable assets that the company once depended on. Now,  Enterprise processes and assets become more difficult to manage and more expensive.  A true software modernization strategy embraces a commitment to Enterprise Asset Management ROI and the fulfillment of service level goals.

Correspondingly, risk is the something every business executive has to deal with.  Whether a company decides to “stay put”, use Enterprise Asset Management, or modernize, there is risk involved. eCube is committed to balancing the risk, with proven technology and software modernization methods that insure the value of IT efforts moving into the future.  Software modernization means that enterprise assets can be maintained, renewed, evolved, transformed or harvested to speed new development in such a way as to assure the ability of IT to meet its commitments to the business and exceed expectation to reliability.