The key to digital transformation in banking 

Banking organizations worldwide are rapidly scaling transformation efforts to help their organizations compete more effectively in an increasingly digital world. While the largest organizations have invested heavily in changing business processes, products, and the use of technologies for years, smaller organizations are playing catch-up, rushing to serve the digital needs of consumers unable or less likely Read more

The golden age of health informatics 

While the field of healthcare informatics is certainly not new, the opportunity to derive novel breakthrough insights from digitized health data is. Informaticists have produced meaningful impact for decades, especially in the clinical decision support domain, where analytics have substantially shaped care pathways to deliver better patient outcomes. We’ve seen steady progress in accessing and Read more

Re-envisioning the insurance industry with the use of intelligent tech 

Data is the driving force behind recent innovations in many industries, insurance being one of them. The innovation that we’re seeing currently—and will continue to observe in the years to come—is being driven by data and the tools that will enable data to be stored, collated, analyzed, and utilized. Looking ahead, the process of becoming Read more

Three strategies to build successful analytics teams and insights 

As organizations are collecting more and more data with their apps and tools, they are immensely interested in gaining insights from this data to improve business outcomes and customer experiences and to bring efficiencies. A Forrester Consulting study commissioned by Microsoft found that 85% of surveyed business leaders see analytics as central to driving business Read more

Your data is a differentiating asset, not a commodity 

What makes data so valuable?  The data that an organization collects is unique: data delivers an advantage that cannot be purchased, copied, or created by competitors. Consider it a non-fungible asset. However, data alone is meaningless without the ability to organize and harness the power of that data to derive insights, gain a competitive advantage, Read more

Learnings from GreenBiz 21: Just How Big is the ESG Data Challenge? 

At this year’s GreenBiz 21 conference, the drive to act to address climate change and social equity challenges was palpable. Bill Gates highlighted the ambitious goals for Breakthrough Energy, followed by a thoughtful discussion about human rights and social justice with Sanda Ojiambo, CEO of the United Nations Global Impact. The conversation was inspiring, and Read more

Why data? Why now? The business outcomes unlocked by data migration and innovation 

IT professionals are experts at answering the questions what and how. They excel at bringing an engineering approach to evaluating options and executing complex projects. But as technical executives take on more strategic leadership in their organizations, they are increasingly asking and answering the question why. This question requires more of a business approach, as Read more

How to build business agility and resilience using data 

To some extent, the term resilience has become 2020 shorthand for “surviving a global pandemic.” But as technical professionals know well, the goal of resilience long predates the cataclysms we’ve faced this year. As Mark Russinovich, CTO, Microsoft Azure, states: “Resilience is the ability of a system to fail gracefully in the face of—and eventually Read more

Better together: Technology partnerships open the doors to open banking 

Customers are increasingly approaching banking with a digital-first mindset: they expect to be able to perform a range of financial activities from any device. Digital disruptors in the financial services space are offering these services, creating new competition for banks. Adoption of cloud technology has created a world of possibilities for banks, allowing a widescale Read more

Risk modeling in insurance: extending capabilities beyond cloud computing 

There have been many articles written about how supercomputing in the cloud aids in performing compute tasks faster and more cost-effectively. However, with this new capability, both business and IT decision makers are now focusing more on how to manage the much larger volumes of produced data. More model runs and more granular results have Read more