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Wall St. ideas for Mashups |
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I had two conversations with a couple of Wall St. Managing Directors this week about Mashups. They were from different firms.
Firm A was just hearing about Mashups for the first time. Their epiphany was this: “Instead of the big projects,
what about the small stuff, where Mashups could knock out a lot of our backlog?” An example was a compliance report that is
due 4x/year, and senior people spend long, laborious hours cutting and pasting to Excel and signing in to multiple systems to get the needed
data. A Mashup could knock it out in a couple of hours, because you can read/write into Excel and pull data from any system you want.
Firm B had a different take on how to use Mashups. They want to take complex event processing data (trends) Mashed with multiple
other systems for analyst consumption, resulting in a better understanding of correlations and events. They envision creating an AI
system which ‘knows’ which events should trigger human analysis. Other firms have presented very similar ideas recently as well.
It’s a complex undertaking, but can yield powerful benefits.
One idea addresses the “Long Tail” of projects which IT could never get to,
because they must focus on enterprise needs. The other is a total game changer with untold benefits and competitive advantages.
Both are just ways of using what you already have in new ways.
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