Banking technology is expected to grow to $2.4 billion by 2020, with significant advancements in digital transformation efforts. But with the surge in digital banking services, hackers are increasingly focusing on vulnerabilities in emerging-market countries like India leaving organizations with no choice but to undertake a major revamp of cyber security.
In an increasingly digital landscape, customer centricity and anytime availability are transforming how banking and financial services are delivered in the country. With customer expectations at an all time high, the focus on improved digital and mobile banking experiences has seen rapid increase. This has been directly proportional and can even be squared in terms of the security tools and reinforcements in the sector. Keeping up with competition is a continuous task for BFSI CXOs, which has influenced heavy investment in advanced technologies recently as Machine Learning, Artificial Intelligence, Behavioral Analytics, IoT and Mobility being at the forefront of every new BFSI offering. This has fuelled innovation among both vendors and internal product development teams in enterprises.
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Denne historien er fra February 2019-utgaven av Enterprise IT World.
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Larger Datacenters And Better Services
With Managed Services and Public Cloud signaling a paradigm shift in the Datacenter market, Netmagic is building on the company’s strengths, and the NTT connection to spearhead the evolution with a Multi Hybrid Cloud strategy and Public Cloud partnerships to maintain its leadership position in Indian Enterprise segment.
Bringing Elements Of AI To Enterprise Infrastructure
VIKRAM K SENIOR DIRECTOR, DATA CENTER AND HYBRID CLOUD, HPE INDIA“In current environments, IT departments face a mounting pressure to resolve the most complex and unique challenges plaguing the datacenter which account for 80% of the pain IT is facing today.”
Enabling It With Strategic Business Goals
PRIYABRATA SARANGI CIO, EXIDE INDUSTRIES“As a professional, I have always respected business requirements and priorities which demand delving deep into business processes to create better solutions. Technology partners have played a key role through my journey by helping me innovate. In fact, CtrlS has helped me align IT with my company’s strategic business goals.
Just The Time To Move Away From 'Mobility'
VIKAS GUPTA Head IT, Essar India“While current mobility patterns are based on menu-driven, GUI-based tools; Ubiquitous Computing holds the promise of understanding natural human interactions such as presence, movement, or speech.”
Evolving Face Of Insider Threat
LALIT CHACKO GM – IT INFRASTRUCTURE & SECURITY OPERATIONS, IBM INDIA“It’s time the CIOs, CTOs, CISOs take cognizance of the lurking insider threat from a growing workforce which is, complacent, inept, ignorant, averse to change, working in silos and apathetic to the management”
CDOs Vital To Digital Reinvention Of Enterprises: Accenture Report
IT World Roundup
Tech Talk At NYSE: Devops, Design Thinking And Industry 4.0
The New York Stock Exchange recently welcomed some top Global manufacturing and financial CIOs in order to have a through provoking discussion on emerging technologies and comparison of processes across industries. The tech talk threw some great insights for the manufacturing industry on how to move forward with Industry4.0.
India Is Amongst The Fastest Growing And Evolving Cloud Markets In The World
Indian cloud market is growing on a fast track and each vendor has a contribution to this growth. Ravindra Kelkar, Area Vice President, Sales & Services, India Sub-continent, Citrix is speaking about Citrix’s strategy.
Iot Security: Challenges And Solutions!
Going forward IOT security is important as there will be billions of devices connected. The connected devices concept is fantastic but is equally damaging as a malicious bot can crawl up to your core functions and access your core database.
Witnessing The Cloud Revolution
“India’s Booming Cloud Market is set to Be Worth $4.1 Billion By 2020,” Forbes’ validation has strengthened the morale of the Enterprise India. It is no longer just about the potential benefits of Cloud that is the driving force behind the conversion. Rather it is the testimonials of the CIOs who have been navigating the Cloud Market to enhance their business functionality, cost-effectiveness and overall management.