is it prime time for agents in business? navi radjou vice president forrester research

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Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

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Page 1: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

Is It Prime Time For Agents In Business?

Navi Radjou

Vice President

Forrester Research

Page 2: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

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Yes!

Is There A Business Need For Agents?

Page 3: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

3Trading networks risk collapsing under the disruptive influence of new business drivers

Accelerated global outsourcing

Ever-shrinking product lifecycles

Fickle demand

MORE UNCERTAINTY, VOLATILITY

Page 4: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

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Go beyond efficiency to flexibility

Efficiency gains

Flexibility gains

1970 1980 1990 2000 2010 2020

Competitive advantage

Page 5: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

5Today’s enterprise software makes usinformation-rich – but insight-poor!

Page 6: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

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Today’s enterprise software suffers from its centralized architecture

• Only fit “Command & Control” organizations• “Smart” Hub -- “Dumb” Spokes

OEM’s Planning Department

Supplier

Contractor 3PL

Customer

Page 7: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

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Today’s enterprise software ignores the “physical world”

Internetcomputers

Internetusers

Millions

1 billion

Shop-floor equipment

Trucks and cargo ships

Containers and Pallets

000,000s

Millions

Billions

Page 8: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

8To gain flexibility, firms need sense-and-respond software that facilitates continuous learning

Use feedback loops to reiterate process transformation and reshuffle copingstrategies portfolio

Determine and implementappropriate steps tomitigate risk or seize opportunity

Collect and analyze dataon key leading indicatorsto assess emerging risksand opportunities

Continuous

Adaptation

Page 9: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

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One answer? Agent Software

To mine petabytes of data for insights

To assist with decision-making

To coordinate multi-firm processes

To improve learning

Page 10: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

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Agents Will Become Ubiquitous: But Who Cares?

Agent-based BPM tools

Predictive CRM software

Adaptive supply chain apps

Shop-floor automation tools

Page 11: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

11Businesses Will Embrace Agent Technology In Stages – To Tweak Their Processes

Traditionalbusinessprocesses

2003-5Agent-monitored

2006-8Agent-managed

2009+Agent-optimized

Use agents to sense and interpret

environmental data

Use agents to coordinate activities

with trading partners

Use agents to automate decisions and run mission- critical operations

Decentralizeddecision-making

Centralizeddecision-making

Low-exposure To variability

High-exposureTo variability

Page 12: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

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Agent-Based Technology Evolution

Page 13: Is It Prime Time For Agents In Business? Navi Radjou Vice President Forrester Research

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Navi Radjou

+1 617/613-6119

[email protected]

www.forrester.com

Thank you