Picking a pilot process for RPA

When an organization is considering the implementation of a new technology, they want to identify the benefits before making a large investment. Therefore, running a pilot program is extremely important as it allows an organization to test the solution on a small scale and decide if the initiative suits their needs. Keep in mind, a pilot is different than a proof of concept (POC) but more on that another day. Anyway,

Big Data’s Increasing Role in Financial Services

Big data is a pretty popular buzzword in the tech space these days. And while it has well established implications for marketing, product development and client retention, financial services organizations are also looking at big data to support core business functions related to asset and trade management, risk management, regulatory compliance and information security. In a world where data is growing by exabytes per year, financial services organizations that leverage

Technology Trends For The Manufacturing Industry

  Like all industries, the manufacturing sector is in the midst of a technological revolution. From the cloud to automation to big data, recent advancements in information technology are helping manufacturing companies improve their plant productivity, their customer relations and their bottom line. Yet, technology encompasses a lot of ground. Some up and coming trends have true capacity to change the shop floor. Others are less helpful. That said, over

Big Data and Monitoring the Cloud

The cloud is becoming an increasingly popular way for companies across all industries to reduce costs related to their IT infrastructure. By embracing the cloud, companies are able to reduce technology infrastructure costs, innovate more rapidly and engage in more responsive client relationships. However, operating in the cloud requires a different approach to monitoring and optimization. Why Monitoring Must Change In the past, applications often ran on specific hardware, physically

Confronting Challenges in Identity and Access Management

In order to protect consumer and institutional assets, the financial services industry is heavily regulated across state, federal and international agencies. Significant requirements exist when it comes to protection of financial data. Therefore, while identity & access management is of critical importance across all industries, this is particularly true in the financial services arena. Identity & Access Management (IAM) involves ensuring that the right individuals have access to the right

Cloud Computing in BFSI

These days, many businesses are investigating the cloud. However, until recently banking, financial services and insurance companies weren’t among them. In the past, banks, asset management firms and other players in the BFSI ecosystem were reluctant to consider cloud environments, citing privacy concerns, security fears, regulatory requirements and the complexity of integrating internal and third party legacy systems. However, over the past few years, banks are revisiting their prior conclusions.

Fighting Cybercrime With Big Data

Traditionally, cybercrime has been fought through infrastructure. Better firewalls. Better passwords. Better identity management. Cybercrime has historically been the province of technology departments. But is it enough? The BFSI Cybercrime Environment Not in today’s day and age. Every day we hear new stories about online financial fraud or other data breaches. According to the 2015 KPMG Cybercrime Survey Report, 72% of all companies have faced a cyberattack in the past

Top 3 CIO Challenges for 2017

Hard to believe that it’s November 2016 already, isn’t it? For many organizations, it’s time to start thinking about information technology budgets, and goals for the following fiscal year. The Digitization Driver According to the 2017 CIO Agenda Report, one of the biggest forces impacting business today is digitization. With digitization, traditional linear organization flows, which were unidirectional, are being replaced with digital ecosystems that encourage and facilitate sharing of

The Retail – Technology Ecosystem

In today’s retail environment, there is greater competition than ever before. Consumers have unprecedented opportunity to research products, price and availability, and subsequently shop the world with the click of a mouse. Loyalty – previously presumed according to proximity, familiarity and habit – is at a premium. As a result, retailers have been forced to focus on customer needs and wants at an extremely granular level. The increased speed of

Why Oracle Exadata

Businesses of all types double the amount of data they generate and store each year. Between capacity needs and inquiry slowdowns, this data explosion can have significant cost implications for enterprises across all industries, particularly those using Big Data for business planning, customer service and intelligence. Increased data requirements are leading 83 percent of all businesses to grow their datacenters over the next two years. Oracle Exadata is a popular