In a World of Bots, AI and Big Data – How Can Employees and Businesses Survive?
With the Fourth Industrial Revolution hailed as bringing about a digital boom on the global economy, many may think: “Are we not already well into the digital economy era?”. It is true that there are now countless apps and computing technologies that allow people to conveniently hail a taxi, book a hotel, or clean floors with a robot. Smart machines can also already drive cars, diagnose patients, and manage finances more effectively than humans. But in a new analysis – What to do when Machines do Everything – EnterpriseAppsTech found the real boom is only just beginning.
How Disruptive Innovations Fuel Digital Transformation
What’s disruptive innovation, and why does it matter to leaders in the C-suite? It’s how the savvy non-conformist will target market opportunities. How does this happen, when established companies seem to have the advantage? Creative software developers can quickly apply new technologies and digital business models to capture untapped demand.
The 26 Largest Tech Vendors Worldwide, According to Gartner
Tech research firm Gartner has ranked the top tech vendors worldwide based on their revenues for IT and components. The list is designed to help business leaders understand how much various tech companies sell as relatively new tech firms like Google and Facebook go head-to-head with more established companies like Microsoft, HP, and IBM. The list, which includes 100 companies in total, includes big names such as Apple and Amazon, as well as lesser-known tech companies who sell their hardware and software directly to businesses.
Five Ways Organizations Can Survive Digital Transformation
Companies, departments, and individuals need to get ahead of each shifting digital trend to stay relevant. If companies don’t change proactively, they risk that other companies will change them. But there is always the challenge of knowing what changes to make and how to manage resistance to changing familiar business processes. Here are five guidelines for preparing for digital transformation.
A New Generation of Enterprise Mobile App Development: Welcome to RMAD 3.0
The rise of citizen developers and the democratization of mobility has spawned a new generation of RMADs. Introducing RMAD 3.0, powerful enterprise app development platforms with the unprecedented ability to transform complex apps and workflows without sacrificing cost and ease of use.
Vendors Will Ship 125 Million Wearable Devices in 2017: IDC
IDC’s latest wearables report suggests that devices such as fitness trackers and smartwatches will reach 125.5 million units by the end of this year, representing 20 percent growth over 2016. The research firm expects wearables shipments to more than double by 2021, reaching 240 million units.
Securing the Internet of Things
Increasing the number of connected devices in a company’s IT environment can also increase the attack surface and open up new vulnerabilities, especially when many IoT devices and implementations aren’t designed with security in mind. In this infographic, we illustrate a common IoT use case and highlight the components that must be secured against exploitation.
The CIO Outlook for 2017
CIOs who say they are ‘very fulfilled’ in their roles is at a three year high, while more than half of organizations are investing in more nimble technology platforms. These are among the key highlights of the annual CIO Survey from KPMG and Harvey Nash. The study, which analyzed responses from almost 4,500 CIOs across 86 countries, found that in a large amount of cases, the CIO’s role remains important. More than three in five (61 percent) of those polled in larger organizations say they are already investing, or plan to invest, in digital labor, although only one in five (18 percent) say their digital strategies are ‘very effective’.
Artificial Intelligence Promises to Boost Profits Across Industries
Artificial intelligence can boost corporate profits by 38 percent by 2035, according to an Accenture report that gauges AI’s economic impact across various industries. The report noted that AI could boost gross value added across 16 industries in 12 economies by about $14 trillion. Accenture’s research team developed the report with Frontier Economics. When AI is integrated into the economy, growth rates can grow about 1.7 percent higher than the baseline.
Getting the Measure of Digital Transformation
“Digital transformation” is an abstract concept, existing in a world where data and analytics can turn every business and consumer interaction into something concrete. So if digital transformation is so important, how is this measured? This was one the questions asked of six panelists at DataArt Question Time event in London. The responses varied, reflecting the different segments of the travel industry on stage, but the general consensus was that measuring the efficacy of a digital transformation strategy was a combination of the relatively concrete “speed to market” and the relatively abstract “corporate culture”.
Google Cracks Down on Ztorg Trojans Plaguing the Play App Store
Google has been forced to step in and remove malicious apps potentially capable of rooting devices and sending expensive SMS messages from the Google Play Store. When you download a mobile application from an official source, such as the Google Android Play Store or the Apple iOS App Store, you expect such software to be legitimate and safe to use. But sometimes malicious apps slip through the net.
CIOs Should Step Into the IoT Oversight Void
If you think your organization is taking oversight of third-party IoT implementations seriously, think again. According to a recent study by security research firm the Ponemon Institute, in conjunction with the Shared Assessments Program, few organizational boards require IoT risk assurances from third parties, providing CIOs a great opportunity to take a leadership position on IoT.
Cyber Hacks Cost Banks $1.8 Million
The latest Kaspersky Lab report titled “New Technologies, New Cyberthreats” claims that cybersecurity threats in the financial sector cost an average of US$1,754,000 per “accident” involving a bank’s online banking services. Kaspersky says this is double the price of recovering from a malware incident, which costs as much as US$825,000 on average to resolve.
Your Digital Transformation and Six Key Questions to Drive It
If you were to do a simple cause-and-effect analysis, then you might easily assume that digital transformation is primarily about implementing digital technologies such as mobile, social, analytics, cloud, Internet of Things, robotics, and the like. But a purely technology-centric definition is a radical over-simplification: a business strategy does not become transformative just because it involves the wielding of digital technologies. So if you are wondering whether your company is truly on the road to digital transformation, try seeing if you can answer yes to most – if not all – of the following questions.
AT&T: 5G Likely to Scale Commercially By Late 2019
Commercial deployments of both fixed and wireless 5G could occur by late next year, according to AT&T. That is roughly a year earlier than was predicted just a few months ago. Industry insiders have generally targeted 2020 as the year 5G begins to gain traction in the United States, with the development of standards being perhaps the biggest challenge to overcome before deployment of next-generation networks and services.