Difference between revisions of "Virtual Integration"
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==Description:== | ==Description:== | ||
'''Virtual Integration''' involves linking different applications, databases, and locally and globally distributed systems in such a way that they work together seamlessly and are easily accessible from a user's perspective. It is the integration through the whole value chain made up of loose affiliations of companies, organised as a network, where physical assets are replaced by information. | '''Virtual Integration''' involves linking different applications, databases, and locally and globally distributed systems in such a way that they work together seamlessly and are easily accessible from a user's perspective. It is the integration through the whole value chain made up of loose affiliations of companies, organised as a network, where physical assets are replaced by information. <br> | ||
==Enablers:== | ==Enablers:== | ||
* ''ever more demanding customer requirements'': not only concerned with reduced costs and shorter lead times, but also increasingly focused on requirements for product and service offerings tailored to an individual customer’s requirements. <br> | |||
* ''ever increasing competition'': not only because of easier market entry, enabling new entrants to steal significant market share at the expense of unresponsive existing suppliers, but also because e-business now gives opportunities for customers and suppliers to bypass traditional supply chain structures.<br> | |||
* ''ever increasing volumes and velocity of information'': the requirement to gather, process and act on massively increasing volumes of information in a rapid and intelligent manner.<br> | |||
* [[The Increasing Use of Internet ]]<br> | |||
* [[Network Bandwidth ]]<br> | |||
==Inhibitors:== | ==Inhibitors:== | ||
* Extending the retirement age to another 10 years so people will have to work more | |||
==Paradigms:== | ==Paradigms:== | ||
Through ''virtual integration'', people/companies are no longer restrained to stay/come to in one physical place to do business: the corporate department can be dispersed anywhere in the world as long as it is best for fulfilling its duties; Institutions from different part of the world(suppliers and customers) work seemlessly as a whole to carry out huge tasks too large, too complicated for the capability of either side; Information scattered around the world is readily available in diversed viewpoints for different users of the integrated system. | |||
==Experts:== | ==Experts:== | ||
Dell | |||
==Timing:== | ==Timing:== | ||
==Web Resources:== | |||
http://www. | ==Web Resources:== | ||
http://www.paconsulting.com/news/by_pa/2000/by_pa_20000321.htm<br> | |||
Revision as of 16:12, 15 March 2005
Description:
Virtual Integration involves linking different applications, databases, and locally and globally distributed systems in such a way that they work together seamlessly and are easily accessible from a user's perspective. It is the integration through the whole value chain made up of loose affiliations of companies, organised as a network, where physical assets are replaced by information.
Enablers:
- ever more demanding customer requirements: not only concerned with reduced costs and shorter lead times, but also increasingly focused on requirements for product and service offerings tailored to an individual customer’s requirements.
- ever increasing competition: not only because of easier market entry, enabling new entrants to steal significant market share at the expense of unresponsive existing suppliers, but also because e-business now gives opportunities for customers and suppliers to bypass traditional supply chain structures.
- ever increasing volumes and velocity of information: the requirement to gather, process and act on massively increasing volumes of information in a rapid and intelligent manner.
- The Increasing Use of Internet
- Network Bandwidth
Inhibitors:
- Extending the retirement age to another 10 years so people will have to work more
Paradigms:
Through virtual integration, people/companies are no longer restrained to stay/come to in one physical place to do business: the corporate department can be dispersed anywhere in the world as long as it is best for fulfilling its duties; Institutions from different part of the world(suppliers and customers) work seemlessly as a whole to carry out huge tasks too large, too complicated for the capability of either side; Information scattered around the world is readily available in diversed viewpoints for different users of the integrated system.
Experts:
Dell
Timing:
Web Resources:
http://www.paconsulting.com/news/by_pa/2000/by_pa_20000321.htm