In a networked world, where everyone and everything is connected, economic value behaves very differently than in the bounded world. A network is a conduit for information; it can be as simple as two tin cans tied together with a string or as complex as the Internet. The intelligence of a network lies in its ability to improve the utility of information.
Value in Common Infrastructure
In a networked world, value behaves very differently. Instead of focusing on the individual components of infrastructure, economic value will be created at the ends of networks. This trend applies to the Internet as well as to networks of companies engaged in shared tasks and even to human networks within organizations.
A key reason for this shift is that infrastructure assets often have extremely small marginal costs per use, and they are a great way to build revenue. They also have very high levels of leverage and can require high-interest payments.
This makes them a very good asset class for public-private partnerships (PPPs), which are often complex agreements that allow private enterprises to take an active role in the lifecycle of certain infrastructure. These partnerships share the risks of design, construction, maintenance and financing with the public sector. They can also help improve budgetary accountability and save money. These partnerships are a popular infrastructure investing strategy because they are low-risk and tend to be less closely correlated with traditional PE, equities and fixed income.
Value in Orchestration
In a networked world, orchestration can automate the coordination and management of multiple systems, applications, and services. This allows IT teams to streamline processes and deliver services faster and more accurately, improving efficiency and customer experience.
The orchestration process can also reduce the risk of human error. Reducing costs and allowing IT personnel to focus on higher-value activities. It can help eliminate redundancies and increase transparency, governance, and security.
Cloud orchestration enables organizations to manage multiple cloud resources in an automated, centralized manner. This eliminates the need for IT staff to perform repetitive tasks and reduces costs associated with cloud provisioning, scaling, or other configuration steps.
In a networked environment, orchestration is particularly valuable for service providers that have moved to virtualized and containerized infrastructure. It can provide visibility into multiple cloud services and infrastructure elements that a traditional, hard-coded system cannot. This enables organizations to scale and deploy new capabilities rapidly while also providing customers with the service quality they expect.
Value in Modularity
In a networked world, intelligence becomes fluid and modular. SETI@home, for example, small units of intelligence float freely like molecules in the ether, coalescing into temporary bundles whenever and wherever necessary to solve problems.
In massively modular systems (MMS). New devices and software regularly include “legacy” code, circuity and other features that ensure that they are compatible with existing and older standards. At least initially, rather than being purged and started from scratch. The result is a network containing hundreds, if not thousands, of backdoors and vulnerabilities that can be exploited by bad actors.
In recent years, a surge of efficient modularity-based community detection algorithms has been developed. However, this approach suffers a resolution limit that reduces its effectiveness and range of applications. Fortunately, this limitation can be overcome.
Value in Agency
The agency is a fancy word for how much power an actor can exert over the system. Systems that comprise his or her domain of expertise. It’s also an important concept to understand if you want your networked enterprise to be an effective, efficient, and safe place to work. For example, a network that uses the wrong kind of leadership can be a disaster waiting to happen. Keeping this in mind, a robust leadership model is essential to the health of any networked enterprise. The right kind of leadership can help ensure that the most relevant people in the organization are engaged in the most fruitful ways. This will yield a network that operates at peak efficiency .Is able to grow at the pace necessary to keep up with customer demand. This is a vital factor in today’s burgeoning digital economy.
The most successful organizations make it a point to recognize and reward the best of their employees. This is not only the most effective way to retain and reengage staff. But it also leads to the most productive and innovative agency. In addition, the most successful organizations have an open dialogue between management and staff. A policy that allows for the free flow of information, and an agile approach to change.