There’s a cyber security arms race happening right now – and the criminals are winning. Estimates predict the cost of cybercrime will top $10.5 trillion by 2025, with financial institutions being particularly vulnerable. One study found the average cost of cybercrime to financial services companies was $18 million – 40% higher than the average cost…
The role of the CFO has evolved in recent years from the person in control of the purse strings, to the trusted right hand of the CEO. Their importance was further enhanced during the pandemic as they were often required to oversee changes in a matter of days or even hours that would normally have…
The global supply chain isn’t just bending, it’s on the verge of breaking. Pent-up demand from the lifting of lockdowns, geopolitical instability, war, problems in China, inflation and energy costs are all factors in creating an unprecedented level of supply chain instability – which pose an existential threat to companies the world over. Known as…
Even software developers can use a hand. That’s the intent of Thoughtworks’ homegrown Network Enabled Organization (NEO) toolbox, a development portal that has sped up application development from idea to deliverable on average 30% faster by automating much of the grunt work — and advanced tasks, too — out of the development process. “Making developers…
Technology today has become the fulcrum for achieving business goals. With enterprises across verticals increasingly realizing the value of IT, career opportunities abound for CIOs willing to make the switch from one vertical to another. Doing so can provide financial gain, but there are other compelling drivers for IT leaders to make the shift —…
Humans have always gathered data to better understand the physical world around us. Today, companies are increasingly seeking to meld the digital world of data with the physical world through digital twins. Digital twins serve as a bridge between the two domains, providing a real-time virtual representation of physical objects and processes. These virtual clones…
On July 8, 2022, a botched maintenance update on the Rogers ISP network in Canada crashed internet access across the country for at least 12 hours, with some customers experiencing problems for days afterward. The impact was profound. The nationwide outage affected phone and internet service for about 12.2 million customers – about 25% of…
By Andy Nallappan, Chief Technology Officer and Head of Software Business Operations, Broadcom Software This article was originally published here by Andy Nallappan. The enterprise software that underpins day-to-day operations is under significant strain at many organizations. Between the now-prevalent hybrid cloud architecture and ongoing digital transformation efforts, entire industries are experiencing tectonic shifts in…
The successful, modern business is data driven. Information is the “platform” for operations, decision making, and strategic insight. Organizations that are more skilled at using and understanding data will develop competitive advantages that will be hard to overcome. This podcast, featuring Jitesh Ghai, Chief Product Officer at Informatica, focuses on how any organization can better leverage and…
Becoming a sustainable enterprise is no longer a “nice to have” priority – reducing a company’s carbon footprint and fighting climate change is now mainstream. In fact, more than 3,200 companies have set science-based carbon targets, and thousands of companies from around the world are pledging to reach net-zero emissions by either 2040 or 2050. While…