Author:
Masao Johannes Matsumoto
Affiliation:
Solution Research Lab, Japan
Keyword(s):
Service Computing, SOA, Mash-up, Cloud Computing, Business (Process) Modeling, Sub Prime Loan Information Systems, Economic Crisis, EIS Experts Role, Model Enacting, Hierarchical Decomposition, Compliance, Web Services, Component Industry.
Abstract:
Service computing and SOA allows EIS experts to have smarter way of systems realization and continuous evolutions based on underlining business objectives. It is true that they almost solved major technical issues lying for many decades. However huge problems like world economic crisis came up due to the EIS making the loan business model happen. This paper discusses how Information Technology is related to the causes of this crisis and how we should be and what to do.