Question

In: Economics

Why was it important to standardize so much of the architecture? What are the advantages and...

Why was it important to standardize so much of the architecture? What are the advantages and disadvantages of a standard EA for Chubb?

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Expert Solution

Answer -

While we oprating in the information age ,it is important to standardise the way they to do business for companies.With the growing use of internet and mobile computing a consumer can find other substitute if a product is not much user-friendly.The new architecture provides a common language the decesion maker has to use and change the scale of business.In the new AMEX architecture consumer safety and security is provided which is also helpful in creation and fulfillment of IT procedures.

Advantages of standard EA -

1.It is very cost-effective as in minimum costs maximum benefits can be achieved.

2. As it is user friendly technology efficiently used by concerned people.

3.It facilitates a process of standardization of IT processes in very good manner.

Disadvantages -

1.In this systems no flexibility is there.i.e.it is very difficult to make any change ,when change is made no postive results are achieved.

2.When any business transaction or process is implemented there will be some hiccups so it is required to be addressed.


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