Getting Ready for a World “With” Watson What a difference a year makes. A year ago, the IBM World of Watson event had about 1,000 people in Brooklyn, NY. This year’s event was quite a different story as they moved to Las Vegas and saw 17,000 attendees and another 3,000 watching the live stream from
After decades of speculation and justifiable anxiety about the social implications for humankind, the AI (artificial intelligence) era is finally here. In the past two decades, we have seen chess grandmasters and the best jeopardy players in the world alike fall in competition to computers. The potential of Artificial Intelligence is enormous and in fact
With the introduction of Unified Payment Interface (UPI) this year, National Payment Corporation of India (NPCI) struck a right cord in fulfilling dream of digital India. As UPI is making its way to market, many analysts have started comparing it with digital wallets. The growing consensus depicts end of an era for mobile/digital wallet companies
Today any organization across industries is a tech organization. Technology has come to the center-stage of organizations for establishing its competitive advantage, cost optimization or creating new revenue stream. ‘Innovation’ using technology is needed for mere survival while thriving without it is impossible. Thus executing Information Technology (IT) projects is very critical. At the same
The present market is evolving into a system of connected enterprise. Thus, cloud has become the central driver for this evolution as the primary focus shifts towards accommodation of future scalability and improving business efficiency. This rising popularity of Cloud Computing has given rise to multiple misconceptions over various aspects, some common and some not
While cloud adoption is growing rapidly, most enterprises (80+%) run approximately 30% of their workload in the cloud. However, a similar percentage of enterprises report that an additional 30% of applications are built on cloud-friendly architectures and are ready for the cloud. As this trend settles in, the major driver for this change in IT
That’s right — I said it! Digital Transformation is not about IT. (I’ll pause a moment for some IT leaders to stop reading this and go back to managing the latest round of reductions to their annual budget). The Cloud & Digital markets are exploding! And everywhere you look, corporations are talking about and acting
Blockchain and smart contracts in financial organizations are shifting from curious experiments to pragmatic pilot projects. A few software products, including Ethereum, Digital Assets, Hyperledger, Multichain, Chain, and R3CEV, seem to have garnered larger interest in the banking space. While these are generic, there are more business-specific blockchain-smart contract vendors such as Itbit, Bankchain, Wave,
‘Trust’ and ‘Transparency’ have always been the cornerstones of stakeholder expectations in the banking industry. Since 2008, there has been a constant deficit on both fronts, resulting in heavy regulatory penalties, right sizing of banks and several other long-term implications on the economy. Since then, banks have taken up the responsibility of rebuilding customer trust
Legacy business applications are often challenging to migrate to public cloud. Some of the key challenging questions are – Is the application suited for the public cloud? Does the application require any code remediation, re-engineering, re-architecture or can it be migrated as lift-and-shift? How long will the migration take? Can we accelerate the migration process?
Dow Jones, a leading publishing and financial information firm in the world, had envisioned building a robust digital platform to distribute content that would help them reduce TCO and improve business efficiency. Dow Jones wanted to leverage agile DevOps methodologies to reduce time to market. Challenge Dow Jones greatly promotes the use of industry standard
News Corp, a leading media conglomerate, owns a number of world known companies and has multiple LOBs under their business portfolio. They developed a multi-year business transformation strategy with an objective to move majority of their infrastructure and applications across their subsidiaries and LOBs to the public cloud. Challenge News Corp’s subsidiaries and LOBs
News Corp, a leading media conglomerate envisioned building a robust digital platform to distribute content that would help them reduce TCO and improve business efficiency. As part of this transformation, they were looking to address number of challenges including applications with multiple physical instances running on diverse platforms, making operations expensive and consistently difficult. News
After just 4 weeks from SIBOS, it is time for Money2020. From the Transaction and Investment banking world of pinstripe suited bankers in Geneva, I am heading to Vegas in to the world of payments, a landscape that is being impacted by powerful disruptive forces. The contrast is quite visible between the two events. At
The Fourth Industrial Revolution is Here! According to the World Economic Forum (WEF), the Fourth Industrial Revolution, characterized by the confluence of technologies such as artificial intelligence (AI) and robotics, will lead to a net loss of more than 5 million jobs in major developed and emerging economies such as the Ù.S., U.K., Germany, France,
October 4, 2016 will prove to be a very significant day for the communications market. Salesforce announced their ecosystem map (or reference architecture) for the Communications market. The map includes two of our key partners in the cloud space – Salesforce and Aria Systems. Let me tell you why this is such a breakthrough day.
Community based news organization Daily Voice covers important news, sports, and information from a local level. When rolling out a new version of their application, Daily Voice had two main concerns: they wanted to make sure they could handle the spikes in traffic that come with breaking news and they wanted to make deploying upgrades
Affinion is a leader in loyalty and customer engagement solutions with more than 250 million customers and operations in more than 20 countries. VirtusaPolaris was engaged to assess and migrate one of their customer loyalty solutions in the Webloyalty Line of Business. The final solution also had to provide measures to improve agility in the
It is a globally accepted fact that moving to a cashless economy is good for growth. Several studies have indicated that the adoption of alternative methods for money transfer and payments provide benefits to all actors in the ecosystem – the government and central bank, commercial banks, the industry as well as the end consumers.
Enterprises today are embarking on their cloud migration journey but they are still struggling to define the perfect roadmap towards a successful migration. The secret lies in a well-defined, phased and iterative approach that would help streamline and accelerate their cloud migration. Roadmap for a successful cloud journey Phase 1: Plan Benjamin Franklin once said