New tool provides a robust audit of operational workflows, calculating the tangible value each delivers today, and informing business decisions for tomorrow
New empirical approach that gives media and entertainment leaders business-centric insights on the value delivered into the organisation by their technology estate
Blue Lucy’s Connected Value Audit tool scores each process within a workflow across five dimensions
Workflow orchestration and integration specialists Blue Lucy today announced the launch of the Connected Value Audit methodology, a new empirical approach that gives media and entertainment leaders business-centric insights on the value delivered into the organisation by their technology estate.
Across the industry, technology and operations managers are under pressure to improve performance and generate greater returns from existing resources. Yet many struggle to answer a simple question in terms their executive teams can quantify and act on: what operational value can we attribute to our technology estate, and can we improve it?
Traditional measures of automated workflow efficacy, such as throughput count and media hours processed don’t answer that question. These are measures of activity, not of value delivered. As such technology is viewed as a cost, not a value driver. Blue Lucy has developed the Connected Value Audit to answer the question in value terms: turning orchestration activity data into a set of tangible, evidence-based metrics that leadership teams can use to measure the current state and inform future decisions.
Turning orchestration activity into evidence
Blue Lucy’s Connected Value Audit tool scores each process within a workflow across five dimensions – integration breadth, decision complexity, transformation depth, human verification burden, and failure resilience – to produce a Connected Value Index: a score that quantifies the operational value of the overall workflow.
Crucially, the ‘Level of Effort’ inputs for each process can be calibrated by the operator against their own real-world experience of executing that task, sharpening the Index’s accuracy to the specific realities of that operation.
Take for example an in-production real customer workflow comprising 25+ distinct processes which packages content and publishes it to YouTube. Applying the Connected Value Audit revealed that it saved 772 hours of human effort across a 4 week period, during which it ran 2,411 times.
“Assessing the operational value of orchestration technology by measuring content volume is fatuous. It generates a number – often a big number – but zero insight. We’ve designed the Connected Value Audit to quantify what an integrated technology estate really delivers in terms of value to a business. The Connected Value Index is calculated based on human operator effort and code complexity, and at Blue Lucy we’ve applied it at the most granular level to each of the 600+ microservice agents currently available on the platform. It’s generating actionable, value-based data for businesses making tough decisions.” said Julian Wright, CEO at Blue Lucy.
The Connected Value Framework will be demonstrated at IBC on Stand 6.C29 and is available now to media and entertainment organisations evaluating workflow orchestration for the first time, and to existing Blue Lucy users looking to quantify the value their platform is already delivering.