According to Investopedia, Insurtech refers to the use of technology innovations designed to identify and leverage savings and promote greater efficiency across current insurance industry models. With the current belief being that the insurance industry is ripe for innovation and disruption, large insurance firms are looking at ways to offer ultra-customised policies and are usingRead more
With several high-profile security breaches occurring in recent months – CIOs, business leaders and IT teams are focusing their attention on securing and safeguarding data. This is especially true when it comes to cloud. Jay Heiser, a research VP at Gartner, advises that CIOs change their approach. All too often, CIOs are asking: “Is theRead more
Tim Harader runs Portal VR, a virtual reality arcade in Seattle. When looking at the current state of the virtual reality (VR) and augmented reality (AR) market, Harader suggests we’re seeing a trend similar to that of the internet video space in the late 1990’s. Elaborating upon internet video, Tim explains that during the lateRead more
For most of us, we had our first real taste of augmented reality (AR) back in 2016. Offering what some have described as a “revolutionary smartphone experience” by layering digital information over what is happening around you in the real world. Pokémon Go saw players wandering through public spaces glued to their smartphones in searchRead more
It’s becoming increasingly popular for people to conduct a large proportion of their banking activity using their mobile device. In fact, research has shown that one of the first apps people download when they get a new smartphone is their chosen bank’s mobile app. The financial services industry can use innovative fintech apps to improveRead more
Millennials are coming and your business needs to get ready. After researching the characteristics, behaviours, inclinations and desires of millennials, as well as how they relate to work and their careers, Jennifer Deal wrote a book titled: What Millennials Want from Work. Jennifer found that attracting a millennial workforce, and keeping them happy, means managingRead more
Last week we explained that there are several ways a bank can tackle digital transformation. According to a white paper from PwC, the first strategy entails only updating your customer facing tech – be it sprucing up your website or launching a nifty app. This proves a viable tactic for banks with limited time, andRead more
Last week, we outlined some of the benefits and challenges businesses face when migrating to an SD-WAN network. When moving to SD-WAN, CIOs and IT managers have to handle challenges like increased complexity and a new variety of security concerns, but they get to enjoy reduced costs, simpler network configurations and improved performance. From aRead more
In September last year, WhatsApp announced that it would be making a play for the enterprise market. Keen to monetise their offering, they discussed plans to offer small-to-medium sized businesses a reliable platform to communicate with their customers. The idea behind the expansion of the Facebook-owned messaging app is to allow customers to do thingsRead more
By 2020, the software defined networking in a wide area network (SD-WAN) industry, which was worth about $225 million in 2015, will develop into a $6 billion industry, according to the IDC. This dramatic explosion of the SD-WAN market is due to a rise in bandwidth needs, coupled with calls to reduce IT spend. ThisRead more
