Contacts:
Stephanie Covert
OMG
+1-843-737 0637
pr@omg.org
Jennifer Lynch
Communications Manager
The Standish Group
Jennifer@standishgroup.com
+1-508-760 3600 Ext: 22
OMG's Business Ecology Initiative (BEI) Members
and The Standish Group to Collaborate on Industry White Paper
White paper will focus on benefits of adopting Business Ecology
Needham, MA, USA - November 23, 2009 - Members of OMG's™ Business
Ecology™ Initiative (BEI) and The Standish Group will be collaborating
on the creation of an industry white paper on the benefits of adopting the
principles of Business Ecology. The white paper is scheduled to be
complete in the first quarter of 2010 and will be published on both the
BEI and Standish Group websites. The two organizations will also host a
webcast to discuss and present the final results. Organizations interested
in participating in the BEI, or for more information, should visit www.business-ecology.org.
Business Ecology is focused on bringing together best practices in
process management towards an optimized, efficient and sustainable
business. Both The Standish Group and BEI focus on helping companies'
business and Information Technology (IT) organizations collaborate.
Business Ecology is a means to help IT become a ubiquitous, integral and
vital asset to the company and lead decision-making, structural change and
enterprise-wide quality initiatives, drive efficiency and revenue, and
provides measurable, clear return on investment.
Taking a business process focus, the combined white paper will show the
benefits companies may achieve through a Business Ecology approach, which
combines service oriented architecture (SOA), business process management
(BPM), sustainability, standards and more. Standish Group research shows
that twenty-six percent of all business processes are redundant. The
payoff and return on investment for eliminating duplicate and unnecessary
functions is very compelling. This is just one example of how a focus on
business processes can provide great benefit to corporations.
"We are very excited that The Standish Group has agreed to provide
a research backbone for our Business Ecology white paper. Together with
our members' experiences, this combination will provide us with some great
insight on how useful a focus on business processes can be in terms of ROI
and efficiency," says Karen Larkowski, Executive Director of the
Business Ecology Initiative.
"The 'Trends in Business Ecology' study will identify the top
benefits along with their elements to provide a holistic view of this
emerging movement," said Jim Johnson, Chairman, The Standish Group.
"Each element will identify a specific action to be addressed and its
benefits when considering implementation of business ecology
initiative."
For more information on BEI membership and sponsorship opportunities,
please contact Ken Berk, OMG vice president business development at ken.berk@omg.org
or +1-781-444 0404.
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About The Standish Group International, Inc.
Since 1985 The Standish Group, the leader in spotting future trends, has
been helping end users and vendors of technology solutions prepare for the
future. The Standish Group delivers fast, consistent, and reliable IT
advice built on a solid foundation of primary research. For further
information call 508-760-3600 or visit the web site at: www.standishgroup.com.
About OMG
OMG is an international, open
membership, not-for-profit computer industry consortium that in 2009 is
celebrating its 20th Anniversary. OMG Task Forces develop
enterprise integration standards for a wide range of technologies,
including: Real-time, Embedded and Specialized Systems, Analysis &
Design, Architecture-Driven Modernization and Middleware and an even
wider range of industries, including: Business Modeling and Integration,
C4I, Finance, Government, Green Computing, Healthcare, Insurance, Legal
Compliance, Life Sciences Research, Manufacturing Technology, Robotics,
Software-Based Communications and Space.
OMG’s modeling standards, including the
Unified Modeling Language™ (UML®) and Model Driven
Architecture® (MDA®), enable powerful visual
design, execution and maintenance of software and other processes,
including IT Systems Modeling and Business Process Management. OMG’s
middleware standards and profiles are based on the Common Object Request
Broker Architecture (CORBA®) and support a wide variety of
industries.
More information about OMG can be found
at www.omg.org. OMG is headquartered in Needham, MA, USA.
Note to editors:
MDA, Model Driven Architecture, OMG Logo, XMI, UML, UML logo and CORBA
are registered trademarks, and OMG, Object Management Group, Business
Ecology, Actionable Architecture, SOA Consortium, SysML, SoaML, MOF, MDA
Logos, BPMN, IMM, MDMI, OCRES, OCUP, OCEB, Green Computing Maturity
Model, GCMM, “We Set the Standard” tagline and Unified Modeling Language
are trademarks of Object Management Group. All other trademarks are the
property of their respective owners.
Edited by Stephanie
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