The rise of the connected objects known as the Internet of Things (IoT) will rival past technological marvels, such as the printing press, the steam engine, and electricity. As IoT solves problems that have plagued businesses for decades, it will also create entirely new dilemmas across all sectors and for all industries. Concerns over privacy, cybersecurity, and property and products liability will quickly become just as robust as the opportunities IoT presents.
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The cloud is one of the largest drivers of emerging technology solutions, and for many organizations, it has become one of their most valuable information technology (IT) tools. It enhances data storage capabilities, security and agility to both scale up as well as scale down, while also reducing costs, in part due to its inherent flexibility and the number of potential options. Forward-thinking organizations should be analyzing and making decisions about using the cloud by prioritizing capability, performance, total cost and availability against other solutions.
Ask a wealth management colleague to define “the cloud” and you are likely to get a vague response. Even among information technology experts, the term “cloud” may refer to different technologies that are only connected in a general sense. And despite the fact that cloud computing has quickly become the IT norm, the question remains: Is the cloud secure enough to support a wealth management firm’s critical company information and workflow? The truth is, not all clouds are equal, in infrastructure and in management.
The artificial intelligence (AI) predictions of 2019 are insightful as ChatGPT and other AI platforms are becoming mainstream. Most executives knew then that AI had the power to change almost everything about the way they do business—and could contribute up to $15.7 trillion to the global economy by 2030. But what many business leaders don’t know is how to deploy AI throughout the organization, where it can create maximum value that enhances decision-making, create better customer experiences, and grow the bottom line.
Eton Solutions discusses the challenges fund accounting presents to family office operations and describe how the office can achieve positive outcomes to these challenges.
While 2021 revealed the resiliency of the tech industry and inspired innovation amid spikes in demand, the tech landscape in 2022 will be shaped by the confluence of various factors. From impending tax changes to a booming deal environment to supply chain shortages and more, the tech industry is in for a memorable 2022. Explore the seven technology predictions and see how you can prepare your business.
The growth and adoption of secure digital identity systems, including digital health status systems containing health records, could provide a uniform and reliable response to calls for health credential verification. Regardless of their origins, digital identity systems will have little success gaining public confidence and widespread acceptance unless they are designed with, at a minimum, the three pillars of trust, user-centricity, and data privacy and security in mind.
In this conversation, U.S. Congressman Darren Soto of Florida's 9th District tells us what the U.S. Congress is doing to regulate crypto currency and its inevitable introduction into the mainstream economy. From the hardware store down the street to huge financial institutions, Congressman Soto is doing his best to make sure crypto currency is freely transferrable and that we don’t have the regulatory gaps that now plague data security and privacy.
Last year’s six cyber predictions were more on target than not in a year that ended up being unpredictable in many ways. Cyberattacks continued to pose a threat to insureds and insurers, as hackers matured, ransom payments increased, and the cyber insurance market continued to change. Looking at the cybersecurity environment, the predictions outlined will help organizations be prepared for what lies ahead.
In moving past the COVID-19 pandemic, there are five key items that CIOs will almost certainly need to focus on as their role shifts away from being pure technology leaders and toward critical business drivers and decisionmakers. The first important item will be securing the hybrid cloud/on-premise systems and applications.