How does an enterprise leverage Big Data Technologies? What is the right strategy?
Despite the current buzz around the benefits of Big Data, the CXO community is still learning how to strategically use it. Based on my discussions with more than 25 leaders across large and medium enterprises, there is an inhibition not only due to initial investment and ROI but also a misconception that Big Data requires a large amount of investment, transformation and change. The essence of any good cloud strategy is that it highlights key initiatives and prioritizes them based on value, cost and trade-offs. The dilemma starts from relevance of Big Data usage in the organization: does it fit into the marketing, product or brand team analytics needs or technology team’s operational data processing requirements? Would the starting point be structured internal data or un-structured data from social media? Continue reading
Content-centric solutions have been steadily rising across all industries over the past decade to consistently deliver top-notch and high-quality digital experiences to their customers. Many enterprises are wizards in their respective fields, but there lies a question as to how many of them understand the fundamental importance of adoption of the right technology to deliver the right content in a brilliant digital experience. Content Management Systems (CMS) have evolved tremendously over the last decade and this evolution has created a large number of choices for enterprises and naturally a more complex selection process. Continue reading
In this Millennial age, it’s amazing that I still hear companies say cloud computing is not part of their strategy or they can’t run the risk of storing secure data in the cloud. It’s kind of like saying they still work by candlelight despite the invention of the light bulb. It’s time to come out of the dark ages!
The attendance at last week’s 2014 AWS Summit held in New York City may be an indication that the tide is finally turning. The event drew a record attendance and claimed to have more than 10,000 registrations. The attendees clogged registration lines to the point where they actually ran out of badges. Thousands of others also watched the event remotely in real time. Maybe this is all a good sign that people are finally getting their heads out of the sand and into the cloud! Continue reading
U.S. capital markets typically define how the rest of the world markets operate. More financial investments are made in the U.S. than in any other country. But this supremacy hasn’t always translated to leading business and technology practices. Continue reading
Despite the hype, enterprise cloud computing is still at an initial phase of adoption. There is near consensus in the industry that cloud adoption in enterprises is an irreversible trend and one that is set to accelerate further in the years to come. Cloud adoption in enterprises has shifted from not only being a CIO / IT led initiative to a business led initiative in many cases. Here are five reasons why cloud adoption continues to rise. Continue reading
The biggest worry in the field of enterprise gamification is the prediction made by Gartner saying that 80% of the gamified applications would fail. It is important to look beyond the traditional approaches of game design to understand what drives player motivation. This will allow us to dig deeper to decide how to really make well-designed, fun and engaging games. Continue reading
In an earlier article, I outlined a summary of various liquidity regulations included in Basel III and Dodd Frank; now, it’s time to share another perspective on liquidity regulation in Singapore. On Tuesday June 24th Singapore’s minister for trade and industry, Lim Hng Kiang unveiled a new and stringent liquidity regulation at an annual gathering of bankers. This regulation suits Singapore’s nature of financial institutions considering its current business environment. Singapore is an international financial center and a large currencies trading center. The minister had presented different target Liquidity Coverage Ratio (LCR) values for Singaporean currencies and international currencies. The timeline for the regulation is similar with what Basel III has suggested for all currencies but very stringent in LCR values for the Singapore dollar. Continue reading
It is not unusual to hear people say that they “can’t survive” without their mobile; phones are so embedded into our daily lives that the thought of being without them is, for some, a genuinely terrifying prospect. There are over 6.9B mobile subscriptions globally, which is equivalent to 95.5% of the world population. There are 1.5B subscribers in developed nations alone, with market demand being driven by China and India. Tablets sales are growing, but not as rapidly; sales in 2013 were approximately 195M. According to eMarketer, mobile media consumption will overtake use of PC in the US in 2014, and it is reported that today there are more people in the UK with three devices than just one. Continue reading
According to the Center for Medicare and Medicaid Services (CMS), “An Electronic Health Record (EHR) is an electronic version of a patient’s medical history, that is maintained by the provider over time, and may include all of the key administrative clinical data relevant to that persons care under a particular provider, including demographics, progress notes, problems, medications, vital signs, past medical history, immunizations, laboratory data and radiology reports.” Continue reading
Most smartphone users are familiar with location-based services and applications that can be used for turn-by-turn navigation, checking-in to venues and searching for points of interest nearby. These apps rely on GPS technologies to determine the user’s location anywhere on Earth, and works great outdoors and over large geographic areas.
GPS doesn’t work well indoors and cannot really be used for indoor navigation and related services. However, a similar technology that works indoors has the potential to transform how enterprises, retailers, transit systems engage with their employees, customers and passengers. A solution that holds the promise of delivering on this vision is Bluetooth Smart beacons. Continue reading