More and more companies are turning to cloud computing, an umbrella term that groups together cloud backup, software as a service (SaaS), desktop as a service (DaaS), and cloud storage for small businesses, among other solutions. It’s a trend that makes sense: there are numerous benefits to adopting cloud computing, from the financial to the logistical and operational.
For more than a decade, big data has been steadily soaring. New data-driven companies have emerged and become multibillion-dollar juggernauts, while established market leaders recognized the power of data early and have invested accordingly. But like with so many things, 2020 was a wake-up call for data strategies, especially the many not delivering immediate value.
Digital transformation is dead. It’s not for lack of trying. Over the past decade, businesses have invested considerable time and resources into pursuing big transformation initiatives. While many may claim success, they’d be hard-pressed to tell you what the last stop on their journey looks like. That’s likely because digital transformation never quite lived up to the hype and shifting market demands.
As the world grapples with the impact of the Covid-19 health crisis, organizations are searching for ways to better manage competing network resources, growing user demands, complex troubleshooting challenges, new digital transformation initiatives and technologies, and more. Enterprises have always asked IT departments to do more with less, but today, administrators are redoubling their efforts to find effective ways to improve the network while reducing operational costs.
The Covid-19 pandemic has brought massive and unexpected life twists, but it did not grind everything to a halt. While it is true the coronavirus has caused catastrophic health, social and economic effects, we are still fortunate that technology has advanced so much that we can continue communicating and working with one another, albeit only virtually.
As we kick off 2021, business technology leaders around the globe are kicking off their 2021 IT strategic plans. If 2020 taught us anything in the technology world, it was that if you weren’t refining your business processes using advances in technology, you should be. Rather than just thinking outside the box, technology leaders should be assuming that there is no box at all.
The current pandemic has had a tremendous effect on global markets as many companies have been forced to close, temporarily halt their operations or attempt to work from home. Additionally, it has revealed the weaknesses in the daily operations of companies across the world, namely in supply chain management, resource allocation and data security and sharing.
Paper: it’s not a very efficient way to store data, it’s not good for the environment, and it’s not cheap. It can rip, decay, get misplaced, and just a few rogue coffee drops can obscure its contents forever. It’s also expensive. According to Aragon Research, paper-based processes remain one of the largest cost centers in the enterprise, eating into 1-2% of overall revenues.
Slowing down climate change is an urgent matter. If we fail, our world will face a more extensive crisis than we experienced because of the global COVID-19 pandemic. When artificial intelligence (AI) technology helps solve a problem, problem-solving can be done quicker, and the solution is often one that would have taken longer for humans to discover. Could artificial intelligence power climate change strategy? Yes, and it’s already doing so.
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