With the adoption of digital processes, the realm of fintech is set to evolve in the year 2023. The financial services industry and its ecosystem have developed, diversified, and grown more competitive during the last two years due to digital technologies that are upending traditional business models and specialized use cases. Consumers and busines

It’s hard to imagine a more turbulent year than we experienced in 2022. There is a bit more stability as we enter 2023, but in speaking with KPMG financial services clients, across banking, asset management, private equity (PE) and insurance, they are anticipating more volatility.Nearly all expect a recession this year, at least in the US, the EU

In the future, is it conceivable that a firm would be charged with legal malpractice if they didn't use artificial intelligence (AI)? It certainly is. Today, artificial intelligence offers a solution to solve or at least make the access-to-justice issue better and completely transform our traditional legal system. Here's what you need to know about

We trust human expertise more than technology. However, over the last decade, as technology has transformed everyday life, the legal field has also taken notice of its impact. Companies, inhouse counsel, paralegals, and other legal functions who would not consider relying on ‘non-human’ intermediaries to execute on critical, time-intensive work

It’s always a beautiful feeling when a vision becomes reality. It may not come to us often, but it’s the feeling that I have as the Chief Technology Officer at Casepoint, with the release of our newly upgraded Casepoint Platform and its featured application, Casepoint eDiscovery. For many years, the goal of everyone in this organizati

Where Investors See Potential for Growth in the IndustryBillions of dollars are being invested into the legal industry, particularly in technology, but where is the money going? The Business Insider recently interviewed investors at well-known private equity firms to see just where they are putting their money and where they see the most

Mako Networks: Raising the Bar for Service and SupportToday, Mako Networks is known for exceptional 24/7 technical support and excellent customer service, but this reputation had to be earned. After Mako Networks did some organizational restructuring in 2015, the new and improved Mako support team took over support for thousands of customer sites w

How Segra Provides Cybersecurity Solutions to Enterprise BusinessesIt’s high time we talked about security. In the growing digital landscape, cyberattacks have become more prevalent, more sophisticated, and more damaging. For businesses that rely on a strong working network, the cost of a cyberattack has never been higher. In 2021, IBM estimated

The congress program will include over 250 experts from companies as Dupont, Ford, Lego and WalmartMichael Grieves, father of the Digital Twins, to headline the conferences at IOT Solutions World CongressThe IOT Solutions World Congress (IOTSWC), the largest international event devoted to industry transformation through disruptive technologies, wil

The number one priority for insurers today is creating a compelling digital customer experience.Insurers everywhere are asking questions like:How can we provide a superior customer experience?How can we keep up with customer expectations and CX standards brought about by other industries?The answer to those questions: It takes more than just o

The insurance sector is still a growing sector. The insurance sector which was recording a growth of 28% in 2017 recorded a growth of 38% in 2022. In fact, it shall continue to grow according to several factors in the coming few years. Here are four signals that indicate the same.AwarenessLife insurance became a priority for many during the pandemi

Why insurance brands should leverage IoT data to expand usage-based insurance, while also exploring the opportunities that web3 technologies may unlockAuthor's Note: The unabridged version of this article was first published on the IPG Media Lab blog. If you wish to get the latest insights from us, please consider following us o

It's hard to argue with the fact that data has clearly become one of the most important business assets available to organizations today. However, in my day-to-day work, I still find that enterprises of all shapes and sizes – certainly not just small businesses – often struggle to find the most effective ways to turn data into value, and very o

Big Data & Analytics is being increasingly leveraged by startups, SMEs and large organizations to reduce costs, improve customer experience, optimize existing processes and achieve better-targeted marketing. In addition to these, many companies are showing interest in Big Data due to its ability to improve data security.Big Data is a trend

Digital experiences are constantly being pushed to new limits by new technology and market shifts. Businesses can’t just set up data analytics once and forget about them. They must be adaptable and rely on real-time data and insights to keep up. Startups, SMEs, and large corporations are increasingly turning to data analytics to cut costs, i

How can energy densities of traction batteries be further increased? Some misunderstandings and misinterpretations can be seen in the answers and various arguments. But exactly this field of tension is ideally suited to sound out the directions of future cell research and to better assess today’s battery systems and cell technologies. However the

The battery value chain is also seen as a major economic opportunity — the global market is expected to reach $90 billion in the next decade. Rechargeable batteries are an integral component of energy-storage systems for electric vehicles and for grid storage (for example, for backup power during a power outage, as part of a microgrid, etc.). Man

The continuum of battery technology development has been varying from stagnant periods to significant breakthroughs, in an almost unpredictable fashion. The inception of the idea about a battery charged-electric vehicle is indeed as old as the motor car itself. The trend has been consistently directing away from heavy and acid batteries to compact,

How would it sound, if electric cars with current size battery packs could double the operating range, resulting 900-1000 kilometres range? Or, reducing the battery pack weight by 250 kilograms, but preserving the original electrical capacity? That would have a great effect on the vehicle economy - bearing in mind, that total weight reduction would

Data is the fuel of digital transformation, and this is doubly true in times of economic uncertainty and downturn. But the technology driving real innovation today doesn’t just need information – it needs access to the latest, up-to-the-minute insights in order to help us make decisions that are important now – not yesterday.Sure, we’ve hea

The Covid-19 epidemic ushered in a flurry of advancements in healthcare, revealing a new age of digital health that has redefined patient care and will continue to be a top priority in the business for many years. Here are my expectations for the year 2022.The necessity of enhancing biometric data collection and what it entails for patients and doc

When I got into EDI integration back in 1997, the technology had been around since the 70's! At the time of learning the ropes with all aspects of electronic data integration, how it was being used in business, and I mean, all sorts of business sectors were (and still are) using EDI for transacting critical business information from one system to a

FME is a wonderful tool to support colleges and universities in their digital transformation journey – here’s why:Empower your users to troubleshoot visuallyIn education, lots of our system integrations are handwritten code bases that we’ve lived with for 10 or more years. FME, with its intuitive visual interface, allows business professional

2022 is right around the corner, and with a new year comes new trends and opportunities for businesses to utilize and grow. With statistics showing the apparent disruptions in business operations brought upon by the last two years of the pandemic, the existing technology infrastructure and integration capabilities of organizations came under the le

I recently went to an "information day" of a leading Data Integration company. Well, as expected, they talked about integrating huge volume of data and making most of the data that any organization captures. Also as expected they talked about Big Data and Cloud Computing and shared the company's vision of helping complex businesses with their new/u

Robotic Process Automation is one of the hottest sectors in technology, automating away low-value systems-based work humans have had to perform. Very early in my working life, I did data entry work, taking data from forms and typing it into a green screen application. It wasn't work that I particularly enjoyed, or that added a huge amount of value

Implementing Robotic Process Automation (RPA) revolutionised workflow across businesses of today. Leveraging automation and new technologies, mundane and even repetitive tasks are automated. Automation of simplified tasks enables the workforce to focus on tasks that give higher value. Not to mention the fact that this has streamlined the work outpu

Robotic process automation (RPA) is a software technology that makes it easy to build, deploy, and manage software robots that emulate human's actions interacting with digital systems and software.The robotic process automation (RPA) market was estimated to be worth 2.65 billion U.S. dollars in 2021. This market is forecast to grow with a CAGR

Where is Robotic Process Automation (RPA) heading?Robotic Process Automation (RPA) promises to replace mundane, low-value manual desktop tasks with robots, turning your enterprise into a well-oiled, people-free productivity machine. And sure, when it comes to automating clicks to reduce costs, RPA—deployed correctly—can definitely help.But

I recently posed a question to colleagues that I believe have good product-visionary skills. The basic question was,"What does the Data Management platform of the future look like? What will be the 'norm' in 5 years?".The question is muddled to start with because Data Management is a flooded area. Business Intelligence, Data Warehousing and Data La

"What are the most significant changes to the integration of applications and data?"Focusing on APIs the old way will not work in the future. We need to search for new ways of doing integration moving away from heavy middleware to mobile lightweight native APIs. This requires a different architecture strategy.Proliferation of publically consum

Quantum Computing is a technology that uses the principles of quantum mechanics to solve tasks that are too difficult for classical computers. While it has yet to be implemented into mainstream computing, there is significant evidence indicating that quantum computing may have a future. Some of the earliest examples of quantum computing i

The Future Of Quantum Computing In BusinessQuantum computing is a powerful and emerging technology that could significantly impact the future of business. In this article, find out why this computer approach is unique, how it works, what is possible, and what companies are already doing with quantum computing.What Is Quantum Computing?Quantum compu

Quantum computing has the potential to radically change the world around us by revolutionizing industries such as finance, pharmaceuticals, AI, and automotive over the next several years. The value of quantum computers comes because of the probabilistic way they function.One recent report estimates that quantum computers could generate ne

We produce 2.5 exabytes of data every day. That’s equivalent to 250,000 Libraries of Congress or the content of   5   million laptops. Every minute of every day 3.2 billion global internet users continue to feed the data banks with 9,722 pins on Pinterest, 347,222 tweets, 4.2 million Facebook likes plus ALL

Quantum computers are designed to perform tasks much more accurately and efficiently than conventional computers, providing developers with a new tool for specific applications. It is clear in the short-term that quantum computers will not replace their traditional counterparts; instead, they will require classical computers to support their specia

Hello Everyone,As the startup funding and VC pendulum has switched to tightening and bearish, what is the state of Quantum Computing heading into 2023?Prefer to listen? No Problem click above here approx 8 min 35 seconds.Quantum computing is developing rapidly, with government and business investment reaching $35.5 billion globally, but the technol

Safeguarding data protection is not so hard.It only requires a real understanding of the ethically and legally justifiable purpose of the envisaged processing of personal data, of the relevant context of the nature of the processing, and of the data involved, of the related risks for the individuals whose data is processed as well as for the organi

IntroductionThe performance of modern artificial intelligence (AI) systems depends largely on the data they were trained on. Large datasets are currently being used by the AI industry to train AI models and improve their utility. However, as these datasets are getting scarcer, researchers are looking into alternative strategies for enhancing AI pro

As we move into 2022, the global pandemic, which is still ongoing, has brought seismic changes to the world of retail. Online, retailers are busier than ever and challenged by the need to fill orders and refresh inventory at an increasingly rapid pace, as well as reduce revenue and wastage caused by returns. Offline, in the world of malls, high str

These are testing times for retail. With the coronavirus pandemic effectively shutting down high streets and shopping centers all over the world, a natural reaction from retailers might have been to ride out the storm and simply try to survive. To cut costs in order to stay liquid. But daily news and updates coming in from across the industry

Like every sector, retail is going through a transformation and must respond to the forces of the fourth industrial revolution and major societal shifts. Retailers’ ability to connect with consumers is more critical than ever as shopping habits continue to shift in the midst of the worldwide economic disruption brought on by the pandemi

With rising cases of the Delta variant of the coronavirus forcing some restaurants to bring back mask requirements and instate new policies requiring customers to show proof of vaccination, it can be difficult to imagine what restaurants’ post-pandemic future will look like. The past year-and-a-half has brought countless challenges for resta

Technology has had a profound impact on the way people connect, relate and interact with one another. Psychologists and publications alike have weighed in on the pros and cons of technology and relationships — do text messages, dating apps and social networks help people stay more connected than ever before or do they create empty relationsh

For many years, Machine Learning and Artificial Learning was more of a concept, an innovative vision for many technology professionals. Today, artificial intelligence is heavily embedded in the digital transformation of major industries and businesses worldwide.Machine Learning is a current system of Artificial Intelligence that refers to the conce

The “Economies of Learning” are more powerful than the “Economies of Scale”This may be my most powerful concept (outside of the Schmarzo Economic Digital Asset Valuation Theorem and the Big Data Business Model Maturity Index) with respect to leveraging data and analytics as the catalyst for economic growth and value creation

The future of insurance is digital. The shift to a tech-driven industry is inevitable because technology enables seamless business transactions – insurance included.Today’s robust technological change is driving the evolution and digitization of the insurance landscape. We live in an age of immediacy, where customers demand instantaneous result

The global insurance industry is making a slow but remarkable recovery from the COVID-19 pandemic. 2022 is expected to continue this momentum, facilitated by trends in insurance technology that will dominate in the years to come. Let’s review.Applied Artificial IntelligenceAt present, very few insurance carriers are harnessing AI t

The possibilities that IoT brings to the table are endless. #IoT continues its run as one of the most popular technology buzzwords of the year, and now the new phase of IoT is pushing everyone to ask hard questions about the data collected by all devices and sensors of IoT.IoT will produce a tsunami of big data, with the rapid expans

I’m not sure I have the words to summarize the year that has just concluded. From a pandemic and economic fallout to civil unrest and supply chain catastrophes, 2020 was by far the most challenging year I have seen in my lifetime. Through all of the challenges, though, there was a theme that I did appreciate: the growth of IoT/IIoT.In many respec

By Rebecca Wislie, Sr. Product Manager, Services at Black Box Corporation.Summary:The Internet of Things (IoT) is transforming our world in powerful ways, and companies in many types of industries stand to benefit greatly through improved, data-driven decision-making, and accelerated business processes. In this article, we’ll take a closer look a

The urgency of Financial Technology Imperatives –The ABCs (AI, Blockchain, and Cloud) driving the modernizing of the Financial Institution’s Technology Infrastructure.Understanding the ImperativeThe challenges the financial services industry faces are immense, including constant shifts in the regulatory landscape, customer expectations of digit

FinTech is changing the rules for Small to medium sized enterprises.Whilst the definition of a small to medium enterprise varies depending on where you are in the world, general consensus underlines the great importance they play to the overall state of the global economy. They are the life blood of cities, creating new jobs, wealth and innovating

As information and data multiply, in-house, local data storage centers will struggle to stay afloat with increased storage requirements and capabilities for data management. The expansion of remote work amidst COVID-19 has led many companies to adopt a hybrid cloud approach. Many companies have sold their local data centers, outsourcing their data

Robotics and automation have been a winning combination for scaling up many industries.We’ve seen data center operators also increasingly adopting this approach, driven by a need to make their IT infrastructures more robust and less costly. Deploying robotics to automate business processes can also help lower data centers’ carbon footprint and

Today, data is arguably the most valuable commodity in the world. As the community responsible for storing, managing and processing this 21st century asset safely, the data centre industry needs to consistently innovate and transform to keep up with mounting demand.We’ve seen rapid growth in the data centre industry in recent years, with a record

Data analytics centres on providing business leaders with insights that are visually cohesive and understandable. In contrast to manual-based queries, these are based on the inherent logic related to mathematical formulae and algorithms. Even though this analysis happens in milliseconds, giving it the appearance of being real-time, it is always aft

The events of 2020 have turned most predictions for 2021 on their head. Top trends such as artificial intelligence (AI) and the internet of things (IoT) will still define the ways in which tech reshapes our lives in the next year. However, the most significant use cases now involve helping us to adapt and survive in the changing times we are living

There are many uses of cloud computing that can offer significant business advantages to companies. Cloud computing is a computing model and set of technologies that allows consumers to access cloud services using the Internet on a pay-as-you-go basis.Despite being a relatively new paradigm that came into mass favour only within the last several ye

WHAT IS ADAPT?ADAPT offers workers and new graduates around the world whose employment has been impacted by COVID-19 a free and flexible analytic learning program. Participants will develop the skills to investigate, prep, clean, and analyze data and create predictions, forecasts, and recommendations based on analysis. The

Telecommunication companies face growing demand from clients for better customer experience as well as a wider range of digitalized products and services. By leveraging AI solutions, telecoms can benefit from the vast amounts of user data collected over years of operations. Such data is observed from devices, networks, user profiles, geolocations,

Many of us are at least a little scared of a future where algorithms dictate our decisions. And this fear is justified — algorithms present the grave danger of perpetuating existing human biases and inequalities while parading around as fair.As we all know, humans have always been biased. Study after study shows that women and minorities are at a

Artificial intelligence (AI) has evolved exponentially, from driverless vehicles to voice automation in households, and is no longer just a term from sci-fi books and movies. The future of artificial intelligence comes sooner than the projections that were seen in the futuristic Minority Report film. AI will become an essential part of ou

In my previous blogpost, ‘How will Artificial Intelligence (AI) and Analytics impact Healthcare Providers, Payers, Pharma, Medical Devices and Diagnostics’ published prior to the HIMSS 2019 National Conference, I had predicted the convergence of AI (comprising machine learning, natural language processing (NLP), deep learning and robotics)

Artificial Intelligence (AI) can sift through and dynamically draw insights from mountains of data (operational, performance, guest, pricing, comp set, BI, marketing data, etc.) to allow hoteliers automate or augment operations, processes and decision making via various hospitality tech applications in guest services and operations, revenue managem

Just like 2020, 2021 was another year of ups and downs, full of concerning COVID variations and technology innovations. With most of us working remotely and sticking to the home, our lifestyles might have been disrupted, yet we continue to adjust to the new normal. Pandemic might have restricted us to homes with online shopping, grocery deliveries,

If you are a CIO (Chief Information Officer) or CTO (Chief Technical Officer) in business today then you are in a most fortunate position. A position that has the ability to create impact across the entire business. This role has changed so much in the last 15 years, that only the most adaptable and forward-thinking individuals are able t

Even though data has become one of the most critically important assets in an organization, most companies have yet to align this with their business strategies. Not doing so results in an inability to identify and prioritize the interventions needed for growth and effectively measure their success.But doing so is not without its complexities. For

Cloud Computing is something we’re all using every day, whether we realize it or not! The apps on your smartphone, the email you use, and the social media platforms we use are all powered by the cloud. So, how does it all work? Well, to understand how cloud computing works, there are several things you need to know about the whole concept of clou

Telecommunication companies face growing demand from clients for better customer experience as well as a wider range of digitalized products and services. By leveraging AI solutions, telecoms can benefit from the vast amounts of user data collected over years of operations. Such data is observed from devices, networks, user profiles, geolocations,