If 2021 was focused on growth and scale, and 2022 saw cost-cutting and survival as key objectives, then 2023 is a year to aim for stability. A challenging macroeconomic climate is forcing payment issuers and acquirers to prioritize revenue growth and operating efficiency, seen as the top priority by 25% and 24% respectively of respondents. […]
Economies and businesses are becoming increasingly prudent about managing data. Yet, despite these efforts, and the roll-out of national and — in the case of the EU — continent-wide steps to better regulate the safeguarding of data, security breaches remain commonplace. According to an IBM and Ponemon Institute report, the average cost of a data […]
Role-based access control allows network managers to personalize a user’s access level based on the individual’s role within the organization. Rule-based systems, on the other hand, grant access to individuals complying with a specific set of conditions. By establishing a pre-defined rule-based access control setting, an administrator might, for example, grant a person or team […]
It’s no secret that emerging tech is packing big punches these days. The question is whether those virtual fists protect or harm. Judging by the number of nervous conversations surrounding the recent ChatGPT launch, most people intuitively grasp that advanced technologies such as AI can swing both ways. Despite the widespread flinching in the presence […]
One of the best parts of my job is imagining new ways for data to transform the way businesses and people work, and the growth they achieve. The ability of data to power performance is true no matter what your field. Take, for instance, Patrick Cantlay, who at age 30, is an eight-time PGA TOUR […]
Organizations that want to leverage NFTs or data collection might want to take a glimpse into some comparable trends from the past that could inform the days ahead. From the mid-1980s to early-1990s, the comic book publishing industry saw rampant speculation about the value of its graphics-based content, much the way value ebbs and flows […]
After three years of pandemic pressures and the resulting shifts in established business operating procedures, CIOs are looking to shift out of reactionary mode and become a more strategic partner in the business. This means engaging with the business earlier in their business decision-making cycle about how technology can help them, partnering closely with the […]
Good IT investment decisions are heavily dependent on the ability of the business to forecast what the short, medium, and long-term market environment will hold, so as to map investments to objectives and outcomes accordingly. At the start of 2023, accurately forecasting business, financial and political landscapes has never been more challenging. According to Omdia’s IT […]
Being a chief information officer isn’t what it used to be — and that’s a good thing. CIOs today have a larger remit that goes far beyond technology priorities, into responsibilities that deliver against critical business metrics. The technology strategy has become the business strategy. So, it’s no surprise that 40% of CEOs say that […]
Wielding the power of the EU General Data Protection Regulation (GDPR), the Data Protection Commission in Ireland hit Meta last week with some $414 million (390 million Euros) in fines for data privacy violations tied to targeted ads. The commission asserted that European users of Facebook and Instagram were forced to agree to receive targeted […]