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Web Services :  
  Speeding business innovation
newsletter n°2, May 2002
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"The most exciting thing about Web Services is the potential for renewed business innovation, not technology," says Brad Murphy, Senior Vice President for Strategic Business Development at Valtech US. "With Web Services, business leaders have the potential to push the envelope of innovation, and reduce the cost of taking business risk. Companies who embrace the emerging Web Services model will likely adopt the motto of 'Fail, and fail often,' because the downside of a failed new business venture is dramatically reduced while the upside of identifying the "next big market opportunity" is significantly increased. Additionally, Web Services will enable business to profitably pursue much smaller, less crowded markets with a strong differentiated brand offering".

Services easily understood

To Brad Murphy the "buzz" surrounding Web Services has missed the bigger story of business agility. " It's about a new, emerging class of tools that make it possible for a business manager to creatively model and design new marketplace offerings and/or enhance existing offerings without the constant reliance on costly, dedicated IT resources. This potential is why Web Services is resonating so well with the business community. For the first time we're offering them an opportunity to work with tools and raw material that translate the technology into a context they instinctively understand - products and automated business process expressed as services, not technology or software.

"For the last several decades, those managers who are running the business have increasingly become dependent on highly skilled IT staff. This dependency has resulted in the business staff losing any ability to directly affect how customers, partners and employees are served. Even the smallest change in the delivery of products or services generally requires the intervention of scarce, highly skilled technical professionals. As a result, the rate of business innovation has slowed to a crawl.

To turn new ideas into real products and services involves increasingly expensive deployment resources that take months and sometimes years to fully implement and integrate. "Too often the result of this circumstance is the increasing difficulty in building and maintaining a clear brand distinction. As a result, companies today are looking more and more alike…Web Services changes all that," explains Brad.

With a well-designed and constructed Web Service application infrastructure, companies will be equipped to change, alter and launch new applications and services quickly and easily. Additionally, these new applications and services will dynamically integrate and collaborate with both existing and future systems with little cost, effort or time required. Web Services will also act as a key enabler in future tools that provide the business user a context in which to experiment and create new, innovative ways to repackage their products and services to meet new needs.

Great opportunity for Valtech

"Valtech is well positioned today to provide the kind of leadership and vision customers need in order to make sense of Web Services. We have a huge service opportunity if we focus on delivering well-designed architectures and integration infrastructure incorporating this important development. If our work embraces the layers of the Web Services stack that are fully mature (XML, SOAP and UDDI) while providing flexibility for those protocols still emerging (WSFL, UDDI, WS-I, etc.) we have the potential to fundamentally change the way our customers compete in the future" explains Brad.

Most analyst surveys today indicate that the typical enterprise spends between 40-60% of it's application development budget on integrating existing systems. Unfortunately, the conventional approach to integration today (proprietary EAI messaging, adapters, etc.) generally yields a solution designed to solve a very narrow set of business challenges. Rarely do these solutions prove flexible enough to accommodate future needs without a great deal of costly re-works later.

"The good news is that this trend represents a significant opportunity for Valtech. By helping clients discover and implement an agile, services oriented infrastructure (one business problem domain at a time), we make it possible for our clients to go after small, but potentially lucrative markets before they become obvious to their competitors. So while lowering integration costs for clients is clearly an important short-term client goal, for Valtech, Web Services vision and leadership represents an opportunity to define and build business tools and infrastructure that will empower our clients to innovate, compete and deliver products and services like never before." Brad ends.

Read also : Web services : a new opportunity for Valtech

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Brad Murphy was President, CEO, Chairman and founder of digitalESP, Inc., a leading US based B2B business web infrastructure and integration firm for Fortune 1000 companies that Valtech acquired earlier this year. Brad spearheads new partnerships and he works closely with clients to identify strategic opportunities for Valtech in the US.

Brad is uniquely qualified to talk about this and other technology issues. He has worked with many customers in developing their Web Services capabilities to build bridges between complex internal systems that would otherwise require extensive development efforts and in addition Brad represents Valtech on IBM's newly initiated Web Services on WebSphere (WOW) Advisory committee, as one of only 25 companies invited to assist IBM in shaping its Web Services strategy and WebSphere initiatives.

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