System and method for characterizing and selecting technology transition options

• US 8,234,156 B2
• Filed: 06/28/2001
• Issued: 07/31/2012
• Est. Priority Date: 06/28/2001
• Status: Active Grant

• Current Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Original Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Inventors: Comas, Andrew, Ibikunle, Olutayo, Saltz, Jeffrey Scott, Pan, Yannling, Abrahams, Andrew Michael, Starks, Serena M.
• Primary Examiner(s): Johnson, Gregory
• Application Number:
  US09/894,476
• Publication Number:
  US 20030018573A1
• Time in Patent Office: 4,051 Days
• Field of Search: 705/40, 705 35- 38, 370/352, 395/236
• US Class Current: 705/7.37
• CPC Class Codes: G06Q 10/06315 Needs-based resource requirements planning or analysis
• CPC Class Codes: G06Q 10/0637 Strategic management or analysis, e.g. setting a goal or target of an organisation; Planning actions based on goals; Analysis or evaluation of effectiveness of goals
• CPC Class Codes: G06Q 10/06375 Prediction of business process outcome or impact based on a proposed change
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: Y02P 90/80 Management or planning

Abstract

Using adaptions of option pricing techniques from the financial industry, the invention provides systems and methods for structured development of migration options in a legacy transactional enterprise. Components and risk factors of the legacy enterprise are identified and determined, as well as components and risk factors of unmet opportunities, and potential components for the enterprise. Migration options for the enterprise are developed using the components and risk factors.

Claims

1. A computer-implemented method for structured development of migration options in a legacy enterprise, the method comprising:

identifying components of the legacy enterprise;

developing risk factors for the components of the legacy enterprise;

identifying unmet opportunities;

developing risk factors for the unmet opportunities;

identifying potential components for the legacy enterprise;

developing risk factors for the potential components of the legacy enterprise;

developing, by a computer, the migration options with associated risks using at least the risk factors for the components, the risk factors for the unmet opportunities and the risk factors for the potential components, and

providing, by a computer, the migration options.

2. A method according to claim 1, wherein the components of the legacy enterprise are selected from the group consisting of hardware and software.

3. A method according to claim 1, wherein the unmet opportunities are selected from the group consisting of new hardware, new software and new business methods.

4. A method according to claim 1, wherein the potential components for the legacy enterprise are selected from the group consisting of hardware and software.

5. A method according to claim 1, wherein the potential components for the legacy enterprise include conceptual models of undeveloped capabilities.

6. A method according to claim 1, wherein the risk factors include multiple variables.

7. A method according to claim 1, wherein the risk factors are selected from the group consisting of cost and schedule.

8. A method according to claim 1, wherein the migration options with associated risk factors are selected from the group consisting of existing components and conceptual models of undeveloped capabilities.

9. A method according to claim 1, wherein the associated risks of the migration options are derived from the risk factors for the components of the legacy enterprise, the risk factors for the unmet opportunities, and the risk factors for the potential components of the legacy enterprise.

10. A non-transitory computer-readable medium having computer executable software code stored thereon, the code for structured development of migration options in a legacy enterprise, the code, when executed, causing a computer to:

identify components of the legacy enterprise;

develop risk factors for the components of the legacy enterprise;

identify unmet opportunities;

develop risk factors of the unmet opportunities;

identify potential components for the legacy enterprise;

develop risk factors for the potential components of the legacy enterprise; and

develop the migration options with associated risk using at least the risk factors for the components, the risk factors for the unmet opportunities and the risk factors for the potential components.

11. A programmed computer for structured development of migration options in a legacy enterprise, comprising:

a memory having at least one region for storing computer executable program code; and

a processor for executing the program code stored in the memory;

wherein the processor;

identifies components of the legacy enterprise;

develops risk factors for the components of the legacy enterprise;

identifies unmet opportunities;

develops risk factors for the unmet opportunities;

identifies potential components for the legacy enterprise;

develops risk factors for the potential components of the legacy enterprise; and

develops the migration options with associated risk using at least the risk factors for the components, the risk factors for the unmet opportunities and the risk factors for the potential components.