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APIs: Leverage For Digital Transformation

Forbes - Tech

Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. The ancient Greek scientist Archimedes famously declared, "Give me a place to stand, and with a lever, I will move the whole world." His insight -- that with the right leverage, a small force can generate huge results -- has inspired scores of thought leaders over the ages.


Regulation Further Propels Asset Managers towards Digital Transformation

#artificialintelligence

Asset managers today are faced with an overwhelming quantity of data. The paradox for many managers is that as the avalanche grows, clients and regulators are increasingly keen to look at the data on a much more granular level than in the past. Faced with these dual challenges and competing priorities, institutions are increasingly turning to data service experts to help them cope. Some managers turn to external third-party providers to ensure that they maintain oversight and control of their data in a transparent manner. And asset servicers, who are already close to the business and know the ins and outs, can perform many of these functions, replacing outdated operational processes and spreadsheets with more fit for purpose digital solutions.


4 ways to prepare for the Industrial Internet of Things (IIoT)

#artificialintelligence

You've very likely heard of the Internet of Things (IoT) and the impact it is having, and will continue to have, on businesses and consumers alike. According to Gartner, 8.4 billion connected devices will be in use in 2017, up 31% from 2016. This number is expected to reach 20.4 billion by 2020 and includes devices such as smart TV's, digital set-top boxes, fit-bits, smart electric meters, and security cameras. Your homes, cars, and workplaces are all becoming automated. Of those 8.4 billion devices, over 3 million are aligned to business applications, expected to grow to 7.5 billion by 2020.


The Role Of Data In The Age Of Digital Transformation

#artificialintelligence

It might be an understatement to say that today's business environment has become hyper-competitive, and the companies that aren't continuously reinventing their business -- with data at the core -- will end up watching from the sidelines while their market is disrupted. Data technologies, science and processes are rewriting the rules of business and propelling organizations toward digital transformation. Digital transformation, and the radical rethinking of how an enterprise uses technology to meet customer expectations and dramatically affect performance, is happening at a dizzying pace. In fact, IDC predicted that global spending on digital transformation technologies and services was expected to increase by nearly 20% in 2018 to more than $1.1 trillion. At the foundation of the radical rethinking vital to digital transformation is intelligent management of the proliferation of data throughout the enterprise.


The Role Of Data In The Age Of Digital Transformation

#artificialintelligence

It might be an understatement to say that today's business environment has become hyper-competitive, and the companies that aren't continuously reinventing their business -- with data at the core -- will end up watching from the sidelines while their market is disrupted. Data technologies, science and processes are rewriting the rules of business and propelling organizations toward digital transformation. Digital transformation, and the radical rethinking of how an enterprise uses technology to meet customer expectations and dramatically affect performance, is happening at a dizzying pace. In fact, IDC predicted that global spending on digital transformation technologies and services was expected to increase by nearly 20% in 2018 to more than $1.1 trillion. At the foundation of the radical rethinking vital to digital transformation is intelligent management of the proliferation of data throughout the enterprise.