According to Gartner, by the end of 2024, 75% of enterprises will shift from piloting to operationalizing AI. To innovate their way beyond the pandemic, they require an ever-increasing velocity in terms of processing, building, and delivering applications to face unprecedented competition and retain market share. Next-gen technologies are becoming [...]
According to the latest forecast by Gartner, Inc., worldwide IT spending is projected to total $4.5 trillion in 2022, an increase of 5.5% from 2021. Enterprises will increasingly build new technologies and software rather than buy and implement them, and digital technology continues to be the most popular amongst those [...]
A very belated Happy New Year to everyone, and as we enter 2022, here is to hope for a new horizon – or at least the return to a normal horizon (whatever normal means anymore)! Let’s start off the new year with a puzzler. (No reading ahead!) What household [...]
According to recent Gartner research, most organizations have advanced digital businesses as a response to COVID-19. CEOs are also aiming to emphasize digital investments as they plan for post-pandemic development and recovery. To keep up, IT leaders must be aggressive in prioritizing time, attention, and resources to accomplish digital business [...]
Digitalization is the result of technologically induced changes in business cycles. It motivates a company to perform business better, faster, and cheaper by putting it ahead of its competitors. Customers aren’t expecting to be wowed but simply want a streamlined experience that can be had at any time with a [...]
Digital transformation has become inevitable for enterprises to stay agile and competitive. The omnichannel interfaces of software forming the core of digital transformation can be made secure by following digital assurance. According to Nigel Fenwick, VP, Principal Analyst at Forrester, “Business leaders now consider accelerating the shift to digital business as the [...]
This is the digital transition epoch. Through the use of digital technology and techniques, businesses all over the world are fundamentally transforming the way they do business and give value to customers. To improve customer experience and lower business overheads, business procedures and strategies are being modified to comply and align with [...]
ISO 20022 is a new global and open payment messaging standard. It provides a global standard for payment data by establishing a uniform language and paradigm. The ISO 20022 standard generates higher-quality data than other standards, resulting in higher-quality payouts for everyone. It is a single standardization approach developed and maintained by ISO/TC 68. This standard is adaptable [...]
To think, there used to be a day when companies made a conscious decision as to whether they wanted to be an emboldened technology leader or take a more passive “wait and see” approach. And there was validity to both mindsets. The first meant taking on sometimes significant risk but with a huge upside, the latter meant having access to the learnings, the successes, and failures [...]
Before the jolt of COVID-19, digitalization was at the forefront of the aviation industry’s collective consciousness. Carriers worldwide are progressing toward fulfilling their digital transformation objectives by investing in cloud services, data centers, wireless onboard crew services, and autonomous data management, which are critical components in attaining digitalized airline operations. The digital revolution has reached [...]
