Re: Missing algorithms
@SaneIT, are you equating algorithms with "standard processes"? Not saying you are necessarily off base, just want to make sure I understand where you are coming from. ERP was supposed to be the tool that imposed standard operating methods on a company process. I just never thought of that as an alogorithm. Certainly not like the algorithms needed in code to produce a driverless car.
I'm trying to get my head around how this idea would apply to a manufacturing company like I work for. Certainly one of the early areas in my world was applying algorithms to forecasts to reduce/eliminate forecast error. That has an immediate impact on the bottom line of any company that uses forecasts of any type. If you had one that was better than your competitors, I would agree you have something of real value. But I sure as heck would not give it away.
So I suspect I'm not really understanding what this article is trying to get to. In college, one of first algorithms I ever learned was the Traveling Salesman, the shortest path between weighted nodes. If you are UPS, and optimize that algorithm, do you give it to FedEx? Or does fall under the secret recipe class?
What would be example of algorithm you would give away? Dave, any comment on that?