Getting the Technology Right
Electronic trading is necessarily about moving information
across systems, allowing (at a corporate level) organizations to exchange
information quickly and accurately, and (at an individual level) people to
access common sources of information easily, irrespective of where they are
based or, indeed, of the type of technology they prefer to use. This means that
electronic trading projects depend as much on integration between systems as
they do on particular applications, the vast majority of which are imperceptible
to the people using them. What can look like a common point of entry for
different groups of people can, in fact, be more like spaghetti behind the
scenes.
It was certainly something like spaghetti that BAE Systems
faced as it sought to link its 32 different ERP systems together in order to
improve its procurement processes (most of which, not surprisingly, were still
done manually). The solution was obvious - a single procurement gateway - but
how would it be connected to everything else? The system would have to translate
data from the procurement gateway into formats that could be used by the other
systems, and vice versa. Similarly, voting channels cannot be treated
independently: the only way to avoid fraud is to ensure that they all update one
central database. ‘Pull' from the users' point of view therefore has to be
balanced with behind-thescenes push: standardization, simplification and
centralization.