Does the conclusion boil down to "use functional programming"? The author doesn't specify the way data or functions are encapsulated in the final figure. But my gut reaction is that this describes FP better than OO or any other paradigm.
It's the mantra that game developers have been preaching for at least the last 5..10 years and which slowly makes its way into the general programming world, because the CPU/memory performance gap is getting wider, not narrower. The bitsquid engine blog (now: Autodesk Stingray engine) has a lot of really great articles on that topic (for instance http://bitsquid.blogspot.de/2014/08/building-data-oriented-e...).
They mention Oz a few times. I am big fan of "Concepts, Techniques, and Models of Computer Programming" by Van Roy and Haridi, which shows the reader how different computing paradigms can be constructed from a kernel language in Oz. That makes the text something of a kindred spirit to the paper, insofar as it tries to aid the student in grasping many different paradigms of computation (functional, object-oriented, concurrent, and relational are covered).