In all the debates about what drove the world economy into its worst recession in decades, rarely does the concept of enterprise architecture come into the discussion. Yet, perhaps it should.
In a new book published in concert with the Society for Information Management (SIM), respected technology professor Leon Kappelman makes the argument that countless decisions based on flawed and outdated enterprise models, helped lead the global economy down the path to recession. Technology was not directly to blame for the failure of the banks and investment houses that began the chain reaction into a recession, but the lack of an enterprise-wide vision and corresponding implementation of technology, did prevent the institutions from being able to fully understand their exposures, he contends.
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