In today's economic climate, uncertainty is a common theme for businesses. With budget losses, high competition and job cuts being seen across several industries, avoiding unnecessary expenses is of the utmost importance. At the same time, though, organisations are still keen to be seen as successful, productive and agile.
By Pooja Tyagi, Testing Engineering Specialist at NTT DATA UK.
According to an Accenture study, 79% of enterprise executives agree that companies not embracing big data will lose their competitive edge, with a further 83% affirming that they have pursued big data projects at some point to stay ahead of the curve. Considering that data creation is on track to grow 10-fold by 2025, it’s crucial for companies to be able to process it more quickly, and meaningfully.
By Eltjo Hofstee, Managing Director, Leaseweb UK.
The Big data and analytics question is at the forefront of many business leaders thinking but it’s worth taking a step back and looking at some of the wider macro-economic trends. Since the post war era, UK productivity has risen steadily when averaged over the decades but dropped significantly following the 2008 financial crisis and is now only slowly reaching post crisis levels. In fact, the Office for National Statistics has stated that in the last quarter of 2017, productivity of British workers increased at the fastest rate in more than six years.
By Pinakin Patel, Senior Director Solutions Engineering at MapR.
Business decisions are increasingly being made based on data insight, but getting access to this data, traditionally owned by IT departments, can, at times, be quite difficult. As the requests from across the business start piling up with the ‘owners’ of the data, there has been an increased demand for ‘data democratisation’ – the ability for everyday employees to access data, and understand it, at any time without requiring support from data specialists.
By Javier Campos, Experian.
While most commonly associated with the manufacturing process, the term ‘supply chain’ is now frequently being applied to the management of data within financial services firms. In plain terms, a supply chain is a sequence of steps in which raw materials are gathered and ultimately turned into a finished product that is then delivered to the end customer. These processes remain the same for businesses across the financial services space; however, rather than the raw materials dealt with in manufacturing industries, they are working with raw data.
By Martijn Groot, VP of Product Management, Asset Control.
Richard Stevenson, CEO of Red Box, discusses the results of the company’s recent ‘Being Human’ report, which provides some valuable insights into the Conversational AI market – how its use is already helping to improve customer and employee experiences, as well as contributing to fraud prevention. Richard also discusses the roadblocks that need to be overcome before the technology becomes pervasive.
Aoife Foley, IEEE Senior Member and Professor, School of Mechanical and Aerospace Engineering, Queen’s University Belfast, provides valuable insight into a whole range of technology, social and political challenges and opportunities which are shaping the quest for Net Zero.
Matt Howard, SVP and Chief Marketing Officer at Virtru, provides some great insights into the Trusted Data Format (TDF) and explains why the time is right to launch the OpenTDF Project – giving the developer community the opportunity to address the many security complexities of the digital data ecosystem.
Christoph Berentzen, Divisional Head API & Open Banking at Commerzbank, provides a fascinating insight into the organisation’s decision to move away from the traditional IT approach of batch processes, file transfers and the like to an API-powered architecture as a crucial part of its digital transformation roadmap.
Economist Impact survey of 2,000 business leaders, sponsored by Cognizant, shows key challenges include competing priorities, deriving value from technology investments, addressing a talent and skills gap, and sustaining action on ESG.
Infinidat has expanded its guaranteed Service Level Agreement (SLA) program. Infinidat is making available the industry’s first cyber storage guarantee for recovery on primary storage – the InfiniSafe® Cyber Storage guarantee.