There exists a fundamental difference between a bank offering digital services and a bank becoming truly digital. The digital bank represents Finance 5.0 – the generation of banking that will arise in the next 5 years. Traditional banks will either need to partner with FinTech’s or take on the transformation process themselves. Key to this evolution will be the need to further develop digital capabilities as well as welcoming a fundamental mindset shift [1]. AI and Big…
It is the year 2020, and enterprises are investing heavily in privacy programs. The International Association of Privacy Professionals (IAPP) defines information privacy as “the right to have some control over how your personal information is collected and used.” Motivated by regulatory pressure (for example, the European Union’s General Data Protection Regulation and the California Consumer Privacy Act), chief privacy officers (CPOs) are leading initiatives related to data discovery, data protection, privacy enforcement and compliance reporting. Working…
The world we live in today is engulfed with data due to the proliferation and usage of various digital technologies that have become essential to our everyday life. As such, it is no surprise that data plays a pivotal role in our society and is used in virtually in all fields, from helping make simple decisions to pushing forward innovation. The complexity of data usage of today can be seen in the development of the…
Today, Caesar’s Entertainment announced that it had reached an agreement on the terms of a recommended cash acquisition of British betting house William Hill for approximately $3.7 billion. If this transaction goes through, the company will be more diversified in terms of geographical exposure and the type of gaming it offers to its customers. Interestingly, only three months ago, Eldorado Resorts bought Caesar’s for about $17,3 billion, after billionaire investor Carl Icahn joined the board and supported the company’s sale.…
Big data has immense value, but there is little doubt it remains extremely vulnerable to hackers and malicious actors. Billions of people have had their personal information compromised in recent years, and the tech industry is actively seeking to increase cybersecurity efforts and find more efficient ways to protect big data before breach issues get even more out of hand. The answer may lie in using the power of big data to protect itself. It may sound…
There exists a fundamental difference between a bank offering digital services and a bank becoming truly digital. The digital bank represents Finance 5.0 – the generation of banking that will arise in the next 5 years. Traditional banks will either need to partner with FinTech’s or take on the transformation process themselves. Key to this evolution will be the need to further develop digital capabilities as well as welcoming a fundamental mindset shift [1]. AI and Big…
Today, Caesar’s Entertainment announced that it had reached an agreement on the terms of a recommended cash acquisition of British betting house William Hill for approximately $3.7 billion. If this transaction goes through, the company will be more diversified in terms of geographical exposure and the type of gaming it offers to its customers. Interestingly, only three months ago, Eldorado Resorts bought Caesar’s for about $17,3 billion, after billionaire investor Carl Icahn joined the board and supported the company’s sale.…
From the downhill of key technologies to new innovative solutions on the plate: Roberto Bentivoglio takes us swimming in the stream, with a technical explanation on event stream processing architectures as a future-proof approach to take full control over your data strategy Big data is probably one of the most misused words of the last decade. It was widely promoted, discussed and spread by business managers, technical experts, and experienced academics. Slogans like ‘data is…
Every business manager and marketing pro understands the importance and power of understanding what drives their customers and prospects, seeing big data as the key that opens that treasure chest. What is sometimes lost in the larger picture of effective marketing is the actual consumer. Intuitively, most customers and prospects can sniff out businesses looking for sales instead of learning what the client desires and meeting their wants and wishes. And when business interests prevail…
In a story I wrote earlier this year, I referenced how data protection can actually empower a new generation of app development. As part of this, I said that there’s no reason the backup function can’t play a vital role in helping companies drive innovation. How can backups help? I asserted that backups in a platform could be put to the following uses: Creating a metadata catalogUsing data crawlsEstablishing better search functionality within the dataServing as a…
