The business world is poised for an unprecedented wave of innovation. Technological advances such as augmented reality, virtual reality, cognitive assistants, 3D/4D printing, personalization, conversational interfaces, drones, deep learning, predictive analytics, the Internet of Things, blockchain, new payment systems and affective computing play major roles in driving and enabling the next wave of innovation in business. These technologies – combined with new business models facilitated by social/collaborative commerce, shared services/economy, and crowd sourcing – will have a profound influence across the business world. Furthermore, businesses need to cater to the newer expectations and demands of a younger generation (selfi-generation, digitally-embedded generation) of customers. So, business is not going to be as usual, again! Where is Read more
Christine Generali is a Group Publisher for Cutter Consortium - responsible for the editorial direction and content management of Cutter's flagship publication, Cutter IT Journal.
The concepts of Information Superiority and Digital Capital will increasingly shape the business strategies and operations of organizations that face the digital- and hyper-competition that’s so common today. Information Superiority was first introduced to the management world by Paul Strassmann, who defined it as “the capacity to increase economic value faster than the competition.” Strassmann’s definition stresses outcomes (such as increased EVA). The US Department of Defense defines Information Superiority as “the operational advantage derived from the ability to collect, process, and disseminate an uninterrupted flow of information while exploiting or denying an adversary’s ability to do the same.”* Typically, in the business world, organizations focus on winning markets rather than crushing rivals, but Read more
“Musicians play their instruments. I play the orchestra.” Steve Jobs attributed this quote to a famous conductor in the film Steve Jobs. It’s hard to come up with a more vivid illustration of leadership. It acknowledges that conductors may be less adept at playing instruments than any of the players in front of them — and other instruments not at all — yet they elicit brilliant performances. I have been told by a San Francisco Symphony musician that guest conductors can in a few rehearsals have the orchestra sounding like the orchestras where they are based. Leadership, per Webster, means “the quality of a leader; capacity to lead”. In recent years, the word has become Read more
We are currently in the midst of the Fintech revolution. It is evident that technology is significantly transforming and disrupting the financial services landscape. This presents significant opportunities and challenges for incumbents, start-ups and regulatory bodies. Fintech is evolving, moving beyond simply being the realm of start-up disruptors, with many incumbents now making significant R&D investments and many are collaborating with start-ups. Both interest and investment in Fintech has exploded in the last few years. Fintech, the intersection between finance and technology, has experienced a 67% growth in investment in the first quarter of 2016, with investment reaching $5.3 billion (Accenture, 2016). PwC (2016) report that 83% of financial companies believe that specific aspects of Read more
In the 1980s, everyone got excited about the possibility of artificial intelligence. The excitement grew for a few years and then gradually faded as companies found that it was too hard to build and maintain useful expert systems or natural language interfaces. However, there has been a renewed interest in developing software applications that can interact with people in natural languages, perform complex decision-making tasks, or assist human experts in complex analysis efforts. Today these systems are called cognitive computing systems or machine learning. They rely on research from artificial intelligence laboratories and use new techniques like deep learning and reinforcement which seem to overcome some of the problems that were encountered with earlier AI Read more
Cutter’s Curt Hall is conducting research on the measures organizations are taking to safeguard their data in light of the persistent breaches that have become commonplace in our world. This confidential survey seeks to gauge the various trends impacting organizations’ data security protection practices, and the extent to which organizations are using data-centric practices and technologies. Survey results will be revealed in upcoming Cutter Consortium research. Those who complete the survey will receive a $50 Cutter Bookstore credit. Thanks in advance for your participation! Take the survey.
This upcoming issue of Cutter IT Journal seeks articles on new approaches, strategies, and solutions to help IT professionals address and prevent the possibility of cyber attacks stemming from IoT related devices. Cyber threats have been on the rise, and more so with the advent of the Internet of Everything (IoE). Common appliances are now featuring intelligent processing and real-time connections to the Internet. Health measurements are now collected in real-time by smart wearables, including general purpose smart watches. The latest models from automobile manufacturers feature cloud connectivity for enabling remote software updates, tracking fuel consumption, and streaming dashcam activity. On a larger scale, the smart grid ensures seamless and dynamic allocation of energy where Read more