Enterprises are sitting at the centre of a storm, where more innovations are coming to the fore and leaving their IT in a state of flux.
Enterprises are sitting at the centre of a storm, where more innovations are coming to the fore and leaving their IT in a state of flux.
The amount of data that enterprises are generating is mind-boggling. It is estimated that 45,788 Uber trips, 600 Wiki page edits, and 51,892 peer-to-peer Venmo transactions are being completed just in a single minute – spurring huge volumes of data.
Enterprises are taking the biggest hit with B2B networks bombarded by huge velocity, volume, and variety of data. This data is spurred in large part by high throughput technologies and processes.
Enterprises today are hard-pressed to define what a good data governance strategy is. While setting up a data governance framework they acquire a considerable amount of technical debt and spiraling complexity that restrains innovation.
The healthcare data has got enormous potential which lies dormant in unfathomed silos. It can be harnessed with the help of analytics to understand diseases, develop treatments, and improve therapeutics & clinical research.
Although enterprises have great potential with AI, it is hidden like a beast in the cave. If enterprises can see it through then they can do many things which they can’t do right now.
All too often, communication services providers complain about functional silos and bureaucratic roadblocks to engage customers. These pitfalls create IT complexity issues that pop-up time & again and disrupt the service delivery.
Many enterprises are still stuck in the quagmire of functional silos that don’t let them absorb new speeds and technologies in the ecosystem. Their C-Suite is facing a dual challenge – one bridging these silos, the other syncing legacy systems with hyper-fast-paced digital era technologies.
Retail Industry has undergone a boom & bust revolution and it continues to transform as you bat your eyelid. Rules are changed, innovations have transformed ways a product is marketed or sold.
Insurance industry has lagged behind other sectors in new tech adoption for many years. However, with the advent of Insurtech and new technology models, the industry is making impressive strides towards digital economy, but the march is not free from its share of challenges.