In today’s digital realm, businesses are in a race to compete with each other to improve their customer experience. Now the traditional financial system is replaced with an online banking system where all types of financial transactions are performed online. With technological improvements, a growing number of fintech platforms are turning to data analytics to better understand customer behavior and industry trends.
Compared to the previous generation, today’s generation of startups are increasingly cloud-centric. The previous generation of dotcoms had to suffer the economics and complexities of deploying, managing, and scaling their own servers, networks, and data centers. In contrast, today’s generation grew up in the just-in-time, pay-for-what-you-need, and scale-up-on-demand world that is cloud native.
The rapid growth of the marketplace and increasing competition require companies to make significant changes in the way they offer services and products. Companies that wish to remain competitive must keep an eye on technology development and adapt to any new technology if it becomes available. Each new cloud service provider in cloud computing contributes fundamentally to promoting growth and competition at the same time.
To start, DevOps is exactly what it sounds like — a combination of software development and IT operations that shortens the product lifecycle and delivers a higher quality operational performance, benefiting the company and customer alike.
Machine learning and artificial intelligence (AI) systems have long been touted as the future of medicine. A patient can walk into a doctors office, and after a quick scan discover their risk for a variety of diseases, and be given information on how to prevent them from occurring. Patients suffering from diseases like cancer can have treatment decisions made by an AI that can optimize care and maximize likelihood of survival.
Clouds remain segmented, leaving businesses little recourse for how to best navigate complexity. The multicloud movement has flavors to it. Intentional or accidental, an enterprise can blend a kaleidoscope of infrastructure services with existing software tools. IaaS requirements can tag along with SaaS adoption, easily creating a multicloud environment before technology teams can consider the sprawl.
As business has become more digital, data has become the most valuable asset of many organizations. But protecting that data has also become much more complicated as organizations increasingly migrate it to a mix of public and private cloud infrastructures, such as Microsoft Azure, Amazon Web Services, and Google Cloud.
It takes only a glance at the daily headlines to see that cybercriminals are using increasingly sophisticated methods to breach cloud defenses and access sensitive data. The complexity of cloud frameworks makes it extraordinarily difficult to detect nefarious activities. In many cases, attackers lurk in systems for weeks or months before pulling the trigger.
While digital transformation has been in manufacturers’ playbooks for the past few years, the effects of the pandemic, including supply chain disruption and worker shortages, will make it a business necessity in 2022.
According to research by Connecting Software, Fortune 1000 firms spend 40% of their IT budget on their Integration Infrastructure.
