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Standards Data - SOA's Last Mile
Maximize the business value of SOA using data services
Aug. 17, 2008 04:45 PM
According to Wikipedia, “The last mile (or last kilometer) is the final leg of delivering connectivity from a communications provider to a customer. Usually referred to by the telecommunications and cable television industries, it is typically seen as an expensive challenge because ‘fanning out’ wires and cables is a considerable physical undertaking.” The significant complexity, cost, and risk associated with this situation delayed many broadband rollouts until new technology became available that could realize the “last mile.”
To illustrate this fact, let’s discuss the case of a large financial services provider that was looking to enhance customer service and enable up-sell and cross-sell opportunities across all their lines of business, such as banking, insurance, and mortgage. The company planned to achieve this goal by offering its customers the convenience of Web-based self-service banking that would offer significant competitive differentiation and increase customer satisfaction, which in turn would drive greater revenue and market share. To deliver on the company’s goals for increased agility, the IT organization built out an SOA that included a Web-based self-service portal to provide access to all customer accounts across all the lines of business in one place. However, as the various SOA infrastructure components such as an SOA Registry, Enterprise Service Bus (ESB), etc., were being rolled out to the multiple lines of business, it was soon observed that enabling easy, secure, reliable, and timely access to customer account information across all the lines of business, in one place, posed huge data-centric challenges such as:
Thus holistic, accurate, and timely data is the most strategic enterprise asset. Although the applications and business processes that consume data maybe architected with modern approaches like SOA they are only as efficient as the data that is exchanged through them. Reader Feedback: Page 1 of 1
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