Connected Inventory and Digital Twin
Managing your organizational inventory – from its operational capabilities, people and applications to data assets and technology infrastructure – is key to running an efficient business and ideal fit for EKG capabilities. Model changes before they occur and understand impact on your business with a Digital Twin using the EKG.
Linking this inventory in the EKG provides transparency on how components are interrelated and reveals previously unseen connections.
• Operational Resilience
• Operational Risk
• Cost Management
Problem
The organizational inventory is a complex lattice of information sourced from many repositories and for many different types of asset. The problem is how to keep track of these assets and understand how they are logically connected when the information about them is both disconnected and opaque.
Impact
Without an integrated view of organizational assets, firms are unable to discover patterns of activity, understand cost or gain the insights necessary to manage the complexity of decentralized environments. This limits the ability of the firm to perform ad hoc inquiries, respond to regulatory requests or identify the real root causes or impacts of issues.
Solution
The EKG connects information about the full scope of organizational assets. It enables transparent discovery of how components are interrelated and enables users to find connections of interest at a granular level. The connected inventory is the building block for Digital Twin efforts for enterprises that are seeking to simulate changes, reduce complexity and minimize risk.
Operational Resilience
A US investment bank uses an EKG to underpin a Digital Twin initiative – connecting its products and services, business structures and business processes to the application portfolio and associated hardware inventory and statistics. The EKG serves as a connected inventory, a single integration point supporting analysis of their supply chain and operational resilience by allowing users to quickly understand the impact and causes of outages and focus efforts on improving key business processes.
Operational Risk
A global corporation adopts an EKG solution for managing operational risk. It enables them to identify business process vulnerabilities, controls, assessments, analyze dependencies and quantify many types of risk for remediation tracking. The EKG is a component of their overall cybersecurity defense system helping to identify and manage vulnerabilities, model threat scenarios and control possible contagion situations.
Cost Management
An international bank is building a connected inventory in an EKG to analyze costs across its own infrastructure to find opportunities to reduce data redundancy and hence expenditure. They are using the capability of the graph to trace data lineage and dependencies between applications, and database content, to apportion business process costs appropriately in current state and model future state scenarios. This also helps to inform their Cloud migration strategy.