Does your enterprise need to care about digital ethics? There have been many debates around the intended and unintended ethical consequences of digital technology. CIOs, senior IT professionals, boards, risk officers and investors need to pay close attention to digital ethics and digital risks in the evolving world of the digital business.

The traditional IT function is expanding to fit digital business needs. While the journey becomes more and more complex, organizations need to develop and maintain digital ethics. Awareness Digital ethics…

IOT
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Vendor monitoring and management to lower risks Analytics vendors offer a free or low-cost named-user licensing that enables them to sell their products directly to business analysts. But if not properly monitored, this practice can potentially aggravate the trend to bypass traditional software procurement processes and make the analytics program even more difficult.

Most of the times, organizations face difficulty when they have to decide which licensing model would be more cost-effective for them, in the present scenario as well as in the…

Blockchain
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Big Data: Errors that enterprises make It is an age of Big Data and Big Data analytics. All kinds of organizations are trying to leverage Big Data so that they can improve their business outcomes. However, they are still not very clear on how exactly to use Big Data. This can be said as it has been observed that similar types of errors are being committed by every other organization.

Big Data implementation can help organizations to incorporate additional data sets into their existing data infrastructure, allowing them to question anything from their data sets. This seems very practical given…

Big Data
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Are banks turning into tech companies? There has been a lot of disruption by technology in the banking industry. A decade ago, the banking sector only considered biometrics to reach the mass market. But things have changed now, many new players have completely turned the market upside down and hence banks are looking towards technology as their savior in the times to come.

People today are moving away from banks and it has become the bank’s responsibility to reach out to the masses. The only way they can do it now is by…

Technology
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Why do businesses prefer Public Cloud IaaS?  Only 2% of all virtual machines (VMs) were delivered through public cloud providers in 2009 and 2010. By 2011, about 3% of all VMs were running within public IaaS cloud providers. The number of VMs in public cloud have grown by a factor of nearly twenty since then.

Although it is not unusual for large chunks of VM capacity that is being paid for to go unused or underutilized, the public cloud IaaS is far larger now than…

Cloud ComputingTechnology
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The different ways of using pricing algorithms The reality of our world is that the pricing for almost all products, services and experiences has already become, or is in the process of becoming, real-time and dynamic. Pricing algorithms are helping organizations maximize their revenue and identify the optimal price of a product or service.

Just like the devices we use, and the content and online experiences we consume, the pricing of services and products is also becoming more dynamic. It was previously used mainly…

Digital BusinessTechnology
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Application Rationalization: 3 steps to success Contrary to what anyone might say, application rationalization is an intense and long-term transformation of business capabilities. It requires strong governance and clearly assigned responsibilities. We look at the steps to successfully implement application rationalization.

Application rationalization is the process of analyzing the applications being used by your enterprise to determine the presence of overlapping functionalities, unused applications and sunsetting technologies in order to improve…

BlockchainTechnology
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