212. Using Composable Products to Drive Agility and Innovation

The Innovation Engine Podcast

According to Gartner Research, 60% of new customer business applications will be built using reusable business services through API-enabled composability by 2025. So what exactly are composable products, how should they be used, and which businesses should use them? Bernie Doone, Scott Young, and Rich Waller join 3Pillar Chief Innovation Officer Pankaj Chawla to break down everything you need to know about the topic.

They explain that composability and composable business products are a foundational architecture approach, essentially modular building blocks of software that can be quickly assembled into internal and external products. They then discuss its long list of business benefits: innovation, agility, operational excellence, accelerated business outcomes, and more.

But before you jump on the composable products bandwagon, they warn, you need to keep a few things in mind. First, only mature companies with multiple products can fully benefit from this internal approach. Second, business outcomes should lead the process–don’t just produce the next shiny product because composability makes it easier to do so.

Take a listen for a full, well-rounded conversation about composable business products to find out if they’re right for your organization.

Episode Highlights:

• A breakdown of what composable business products are and their business benefits
• How large and mature a company should be to consider composable business products
• How composability translates into company culture

Resources:

• Connect with Pankaj Chawla on LinkedIn
• Connect with Bernie Doone on LinkedIn
• Connect with Scott Young on LinkedIn
• Connect with Rich Waller on LinkedIn

Produced by NOVA Media