Why Cloud Doesn’t Equal Savings for a Finance-Driven Mind

Photo by rawpixel on Unsplash

The biggest roadblock in cloud adoption everywhere is said to be lack of knowledge at an executive level. Technologically speaking, business leaders don’t always know what’s good for them in the long term. Clinging to outdated systems and processes is a sure way get left behind. Worst of all, the finance sector doesn’t feel it needs any transformative effects whatsoever.

The recent Cloud Business Summit held in New York saw financial and IT leaders debate the ripple effects of cloud adoption in corporate financial systems and processes. Finance is not an area in sync with technology, and nor should it, according to those working in this segment

Read More

Quote of the Day By Frank Wilczek

Photo by Hermes Rivera on Unsplash

There are many ways to say certain things. The importance of failure as a key ingredient of success has been evoked by dozens, if not hundreds of figures throughout our history.

Among the influential minds who embraces this notion is Frank Wilczek, an American theoretical physicist and mathematician, currently the Herman Feshbach Professor of Physics at the Massachusetts Institute of Technology (MIT). His line of work is complicated, to say the least. But working on complex problems means you get away with failure more often than anywhere else. Which is why the following applies regardless of one’s profession

Read More

Skreemr: From New York to London in 30 Minutes

Photo by Joel & Jasmin Førestbird on Unsplash

Great news for future business travellers! If you think Concorde planes – traveling at twice the speed of sound – were fast, prepare to be blown away by what’s (supposedly) coming next. A new concept design for a hypersonic aircraft called the Skreemr is on the radar and, among the many similar concepts we’ve heard of recently, this one’s by far the most ambitious.

Designed by Charles Bombardier and rendered in pretty pictures by artist Ray Mattison, the futuristic aircraft would hit speeds of around

Read More

Is Today’s CIO Tomorrow’s CEO?

 Current CIO strengths versus ideal characteristics of a successful CIO | Credits: Deloitte

IDC recently said that virtually every big organization will soon be a software company, capable of churning out its own code and sustaining its own digital existence. Here to lend credence to that forecast is a hefty report from Deloitte University Press which dots the “i” with a focus on CIOs and their job descriptions as of late

Read More

Pizza as a Service [Infographic]

Remember the first time you landed on a paper about cloud computing “as a service?” How much of the tech jargon in there could you decipher? Chances are, not much, especially if your line of work rarely crosses paths with digital innovations.

Albert Barron, Sr. Software Client Architect at IBM, realized this on a bicycle ride when he rambled terms like SOA, WS, REST, JSON, SaaS, PaaS, and TLA to a friend who could barely articulate them back, let alone get the point of the story

Read More

IDC: Every Company on Earth Will Be a “Software Company”

Photo by Dlanor S on Unsplash

Soon, the most precious resource of any business will not be physical, but informational. Today, only 1% of developers are focused on implementing cognitive systems to provide assistance in dealing with data. By 2018, that number will rise to 50%. In a few more years, every organization will essentially be a software company, IDC predicts.

This forecast from the fine gents at International Data Corporation (IDC) comes with the addendum that business is becoming more and more about arming yourself to the teeth with technical prowess, or else. Here are the most important predictions from IDC’s November 4 market intelligence briefing

Read More

Are You Among the 5% with a “Great” Job?

Photo by rawpixel on Unsplash

The most quoted jobs metric in the world, “Unemployment,” is misleading. And because we lack metrics to asses the quality of a position, we are also facing a problem in defining what a good job is. But recent undertakings shed more light on the matter, revealing where all the great jobs are, complete with the deficits that remain.

Gallup’s first World Poll was conducted a decade ago, in 2005. Then, like now, it was found that people crave a good job. Crudely speaking, this means 30+ hours per week and a decent paycheck. 1.3 billion out of the world 5 billion adults have a good job, based on this definition. 12% of these are engaged at work, in what can be considered not just a good job, but a great job

Read More

The Secret Sauce of Innovation Is Not So Secret

Photo by Riala on Pixabay

Innovation doesn’t grow on trees, granted. But it’s not that impossible to achieve either. Most people believe it takes genius, luck, and and huge capital investments. Actually, it’s much simpler than that.

Professors Chen Chen and Yangyang Chen of Monash University, along with Edward J. Podolski with La Trobe University have conducted a joint study to determine how employee treatment leads to corporate innovative success. Their findings, hardly surprising, confirm the often-ignored importance of morale in the workplace, a matter we consider paramount here at 4PSA

Read More

Why ‘Agile’ Is the Perfect Recipe for Business

Photo by elizzzet on Pixabay

87% of companies in a poll by BCS The Charted Institute for IT report that the ability to manage changing priorities was among the biggest benefits of jumping wholeheartedly into an agile business model, one that factors in technology and a flexible, modern culture to stay on top of the trends, give competitors a run for their money, and ultimately achieve a healthy bottom line.

Contrary to popular belief, in-person meetings aren’t all that useless (as long as the purpose of the meeting isn’t meeting itself). Data aggregated by Raconteur indicates that 80% of agility adopters have a daily stand-up meeting. This get-together makes communication go full-circle in a collaborative culture, as studies have shown that ‘digital’ cannot and should not replace the spoken word

Read More

Forrester Scares Laggards with 2016 Predictions

Photo by Markus Spiske on Unsplash

Photo by Markus Spiske on Unsplash

2016 is shaping up to become the year of change for businesses everywhere, the year when customer satisfaction will determine if one company will thrive while its rivals will snowball into obscurity. According to Forrester, it all boils down to adaptability to changing times, and technology plays a crucial role in this.

Forrester’s Top 10 Critical Success Factors in 2016 make for a great read, but if you can’t spare the time, I’ve narrowed it down to three.

Listen up or buckle up!

CX is an abbreviation for “customer experience,” a term that describes how your customer feels when he / she interacts with you and your product. There’s no room for small thinking in CX as we go into 2016. Beef up on CX by offering contextual, personalized experiences. One way to get there is to buy software assets that turn customer data into action. Sticking with what you’ve got in-house may not spell imminent death, but the countdown has begun, Forrester warns.

“Divorce your legacy practices”

While customization is good when it touches the customer directly, what you want inside the company is a unification of your systems so that everything runs buttery smooth from an operations standpoint. Departmental leaders need to let go of their confined custom systems and adopt a unified portfolio of tools for communication and collaboration, analytics and reporting.

A solid culture means knowing what you want. In this day and age, this implies forgoing annual processes in favor of agile ones – SaaS, IaaS, PaaS, and other Cloud-centric investments – that are in sync with customer demands but also fend off disruptors. “Divorce your legacy practices,” writes Carrie Johnson, outlining Forrester’s 10 business commandments for next year. We solemnly agree with this directive.

Data isn’t just a tool, it’s a weapon

The more customers you have, the bigger the pile of data you’re sitting on. With the proper analytical tools, this data can be converted into hard actionable insight for efficient marketing experiences, as well as for adjustments to your product line. But don’t use data only to optimize your goals. Leverage it in a way that it will send shock waves across your playground, intimidating your competitors and securing your lion’s share. Big data is nothing without sifting through it with the proper algorithms to deliver “Yes” and “No” answers.

Read More