AI is Eliminating Middle Management and Changing the way Corporations are Organized

10 July 2018

AI is Eliminating Middle Management and Changing the way Corporations are Organized
The End of the Middle Manager-- What does this mean for you? If you’re a middle manager now, you aren’t doomed to early retirement. But you must be prepared to make two crucial investments.
If you’re a middle manager, you aren’t doomed to early retirement or an imminent layoff. However, you must be prepared to make two crucial investments. Middle management were invented to bridge this gap and make sure that information and projects were flowing from the execution level (rank-and-files) to the leaders (executives) and money was being made along the process curve.

Augmented Reality Books Transform Reading

12 March 2018

Augmented Reality Books Transform Reading
AR Books are physical or digital copies of traditional books, both text and illustrations, that are then linked to additional, non-traditional content through the use of technology.

When a piece of technology with a display screen and a camera (such as a smartphone, tablet, or computer with a webcam) is pointed at a page in the traditional book for which additional content has been created, an app installed on the technology ‘reads’ the page and displays that additional content on the screen of the device. 

The iPhone X is a gorgeous fully-functional smartphone with a bright future

13 November 2017

The iPhone X is a gorgeous fully-functional smartphone with a bright future
The iPhone X (pronounced iPhone 10) is a hugely important device for Apple. Not only is its release coinciding with the 10th anniversary of arguably the most important tech product of the last decade.

The iPhone X (pronounced iPhone 10) is a hugely important device for Apple. It’s the first iPhone in four years to undergo a major redesign. The iPhone X starts at £999/$999 for the 64GB model and £1149/$1149 for the 256GB version

Global Banking Outlook 2017 (Ernst & Young Global Research, 2017)

04 October 2017

Global Banking Outlook 2017 (Ernst & Young Global Research, 2017)
Uncertainty is no excuse for inaction. The report recommends that banks should take steps to  “keep customers safe” and “make things better for their customers.”

The 2017 Ernst & Young Global Research Banking Outlook Survey of senior executives at almost 300 banks across the globe, indicates that risk and regulation will continue to dominate management’s agenda over the next 12 months.

Leading banks are looking beyond compliance to optimize their businesses and improve financial performance.

The Characteristics That Separate Banking Leaders from Banking Laggards

02 October 2017

The Characteristics That Separate Banking Leaders from Banking Laggards
Business executives will need to work with IT more closely than ever before, supporting technology.

Bain Research believes this problem is larger than IT; it is a strategic business challenge as well as a great opportunity. Technology executives now have a platform and an environment in which company leadership is keen to listen and support IT initiatives.

Business executives will need to work with IT more closely than ever before, supporting technology recommendations and gaining a clear understanding of the challenges and opportunities that technology affords.

Working together, they can move quickly to bring their banks, insurance companies and other financial institutions forward into the rapidly evolving digital age.

A10X Fusion processor-graphics combo chip for iPad Pro

16 June 2017

A10X Fusion processor-graphics combo chip for iPad Pro
Apple's new six-core A10X Fusion combination chip that puts a processor and graphics on the same semiconductor chip. Apple made the announcement at its Worldwide Developer Conference (WWDC) in San Jose, California.

Apple made the announcement at its Worldwide Developer Conference (WWDC) in San Jose, California. The new A10X Fusion processor has six processing cores, including three high-performance cores and three high-efficiency cores. The chip will be used in the new iPad Pro tablet. Apple said the tablet would have 40 percent faster graphics performance than predecessors.

Maintaining the tricky balance between outsourced and in-house

02 June 2017

Maintaining the tricky balance between outsourced and in-house
Worley Parsons CIO Brian Adams was halfway through a process of sending commodity IT services to an external provider, and the resources contractor struggles to keep up with a downturn in the market.

He revealed a simple test he uses to decide what goes out and what stays in: “The basic premise I work with is to ask ‘are we bringing additional value to our shareholders and to our bottom line by doing this ourselves’? And if the answer to the question is yes, it is something we should be doing. If the answer is no then we have got to be looking at alternative ways of doing it.”

Recommendations for Effective Digital Transformation in the Banking Sector

30 May 2017

Recommendations for Effective Digital Transformation in the Banking Sector

Going digital doesn’t have to mean millions of dollars n new investment  or a major IT upheaval. Large investment will be necessary in some areas, but in general, many of the elements Banks need to transform digitally may already be in place. Banks must find ways to leverage their digital assets better and invest in targeted ways.

Advice from McKinsey's Tunde Olanrewaju.

Digitization in banking reaches the tipping point- Significant job cuts are coming to Canada's Big 5 Banks

26 May 2017

Digitization in banking reaches the tipping point- Significant job cuts are coming to Canada's Big 5 Banks

What that actually means in practice remains to be seen. It is already clear is threat the following will and is happening:

  • End-to-end digitization and optimization of its branch network.
  • Enhanced online and mobile offerings
  • Re-platforming of mainframes
  • Data center consolidation.
  • Reduce in-country data warehouses.
  • Reduce the number of global instances for personal and business internet banking.
  • Use of cloud platforms for non-business critical systems, with HR cited as an example.
  • “Streamlining” of critical operations such as know-your-customer, onboarding and payments operations.
  • Eliminate 750 legacy systems and applications from the current total of around 6,700.
  • The introduction of new core banking system.
  • Deliver IT projects more effectively, including more ‘off the shelf’ solutions.
  • Increase use of Agile development.
  • A goal of fully-automated data transfer between systems.

Google Trips combines the best Google has to offer to deliver a great travel experience

19 September 2016

Google Trips combines the best Google has to offer to deliver a great travel experience
It’s a big world. Exploring it just got easier with Google Trips.

Google released a new trip planner and travel guide app for anyone who is exploring a new place. The free app, which is available on Android and iOS, organizes your flights and hotel reservations, offer editorial guides to more than 200 cities, and make personalized recommendations based on your Google history.