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Statements

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Dynamic Business Modeling
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Dynamic Business Modeling ("DBM") describes the ability to automate business models within an open framework. The independent analyst firm Gartner has recently called Dynamic Business Modeling "critical for BSS solutions to succeed". * openly incorporate business changes in the business landscape of an industry * leverage potential business models that new technologies allow
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dbr:IT_architecture dbr:Infrastructure dbr:Gartner dbr:Audit dbr:Enterprise_application dbc:Business_software dbr:Business_strategy dbr:Logic n15:Charging dbr:Customer_care dbr:Business_Support_Systems dbr:Bill_(payment) dbr:Application_server dbr:Differentiation_(economics) dbr:Business_model dbr:Business_analysis dbr:Investment dbr:Business_logic dbr:Automation dbr:Capital_investment dbr:Cost_efficiency dbr:Enterprise_software dbr:Business_analyst dbr:Settlement_(finance) dbr:Application_software dbr:Metadata dbc:Information_systems dbr:Business_process
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December 2021
dbo:abstract
Dynamic Business Modeling ("DBM") describes the ability to automate business models within an open framework. The independent analyst firm Gartner has recently called Dynamic Business Modeling "critical for BSS solutions to succeed". Dynamic Business Modeling is based on principles wherein the business logic of an application is managed independently from the application servers that automate the services and processes defined in the business logic. Business modeling and integration (which itself is defined as part of the business model) are defined in a business logic layer, allowing underlying application servers to be business logic agnostic and therefore need no business driven customization. DBM applied correctly should reduce both the cost and risk in the initial implementation and its future evolution of systems. Previous generations of IT systems (from 1990 to approximately 2001) were designed to address specific business models and regulatory practices and no value was given to logic–infrastructure segregation. These systems provided value by automating predefined business models (commonly referred to as "off-the-shelf"). As a result, they implicitly drove business strategy where DBM states that they should be driven by it. By being "predefined" they do not: * openly incorporate business changes in the business landscape of an industry * leverage potential business models that new technologies allow Dynamic Business modeling is suited for open automation of strategy-driven business models. By removing the need for customization of core application servers it is postulated as more cost efficient, rapidly deployed and evolveable. Dynamic Business Modeling was initially described (though applied much earlier in practice) by Doug Zone at MetraTech Corp. in reference to the billing segment of the enterprise software market. "Service Oriented Applications" (also known as "service based applications") coined by IBM describe potential methodologies to achieve DBM.
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