The digital revolution forced every organization to reinvent itself, or at least rethink how it goes about doing business. Most large companies have invested substantial cash in what is generally labelled “digital transformation.” While those investments are projected to top $6.8 trillion by 2023, they’re often made without seeing clear benefits or ROI.
Life for an IT architect in retail would be so much easier if people would just spread their shopping out across the year. Since 1941 American Thanksgiving has been a holiday on the fourth Thursday of November and most American companies and schools take the following day as a holiday too with major retailers offering price reductions on this day to kick start the Christmas shopping season. Since 2005 it has been the busiest shopping day of the year.
The recent surge in internet usage and its corresponding increase in data has triggered a new awareness among business owners. One of the main questions from marketers is how their businesses can benefit from Big Data. As a business owner, you should know that Big Data is indeed one of the most incredible things to happen to the marketing industry. If used right, it can enhance your company’s ability to serve its consumers and increase revenue.
The past two years have been challenging on many fronts for people and businesses alike. As a global community, we have been unable to travel long distances due to various restrictions, but that doesn’t mean we stop reaching for the stars.
Millions of Americans are “unbanked” or “underbanked,” meaning they have no bank account or cannot access their bank’s full range of financial services to build credit and plan for the future. Before the pandemic, the Federal Reserve estimated 22% of adults, or around 60 million people, fell into this category. The pandemic has undoubtedly increased these numbers.
November 2021 is a good month if you’re a Fortune 500 or Global 2000 enterprise. The investments your organization has made in “integration” over the years were necessary as the organization and the IT infrastructure grew, but the Integration Infrastructure (i2) has likely been considered a necessary evil by senior management. That investment can now be leveraged in two important, new ways.
The increasingly frictionless consumer banking experience didn’t happen by accident; it arose from foundational technology and culture shifts within banks toward a more digital mindset. Companies across all industries are faced with the urgent need to transform the way they do business, including financial services, but changes abound with governance, security, and culture.
With the increasing adoption of artificial intelligence (AI) applications at the workplace, the debate about the future of work, workers, and the workplace has intensified. The polarised nature of debate ranges from job losses versus new-technology job creation through performance efficiency versus performance effectiveness to liberating humans from drudgery versus being controlled by machines. While several other polarities are evident in this debate, the truth always lies somewhere in between.
