New technologies offer an opportunity to rethink both talent development and traditional knowledge management and integrate learning directly into the daily work experience. How can you use the rapid change of technologies to enhance the efforts and learning of your work force rather than impede them?
We now have the computational power to crunch through data by the megabyte, to cross-reference, cross-tabulate and seek patterns across transactions, blog posts and geophysical locations. Companies have only to figure out what questions to ask; the analytic capabilities exist to spew game-changing insights and real-time, customer-specific strategies.
While technology investments in the financial services sector continue to surge, many institutions are still dependent on legacy operating systems ill-equipped to support or even allow the types of new product, service and operating models banks need to compete. Banks and other firms hoping to compete should consider their core IT infrastructure in order to take advantage of tech-driven innovation.
With advances in technology, data science and the increasing number of platforms, tools, and sensors generating social data, more business leaders can have the potential to detect and factor in the early signals - of change, discontent, excitement, taste and preferences - into both strategic and operational decisions.
With rapid development in mobile and the availability, and affordability of sensors and other instrumentation, interest in machine-to-machine (M2M) communications is high, and the landscape of M2M providers is changing rapidly.
With the meeting of the World Economic Forum (WEF) in Davos in January 2013, cyber security is officially no longer solely a technology or IT department concern. In this Financial Times article, Eric Openshaw and Jolyon Barker discuss ways to make headway against the growing cyber threat.
Catastrophic security breaches are feared to be imminent. The looming impacts range from stolen intellectual property and the inability to conduct business, to significant brand erosion and lost competitive advantage. The message for executives trying to make sense of what it means to company IP, data and operations is that the game has changed and it’s time for leadership and attention from the top.
Eric Openshaw and Brian Shniderman of Deloitte believe that the subject of mobile payments demands closer scrutiny. In this Financial Times guest column, they examine how trust could potentially shape new relationships in the mobile payments ecosystem. Read more.
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