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Temenos to accelerate digital transformation for Norway’s Husbanken – IBS Intelligence

temenos to accelerate digital transformation for norway’s husbanken – ibs intelligence

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Temenos to accelerate digital transformation for Norway’s Husbanken



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The second wave of digital transformation after lockdown – Workplace Insight

the second wave of digital transformation after lockdown – workplace insight

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The reimagining of business in the digital age to create new — or modify existing — business processes, culture, and customer experiences to meet changing business and market requirements has been happening at varying speed for decades. The coronavirus pandemic is impacting digital transformation in a range of ways.
Just three weeks into lockdown an ongoing study by Sapio Research found that 17 percent of business expected the speeding up of digital transformation to last beyond the pandemic. Now, as we adjust to the latest phase of the UK lockdown, the number of business reporting that faster implementation of new IT programs will continue into the future has risen significantly.
After 7 weeks of lockdown, 22 percent of UK businesses reported digital transformation measures.  The NHS, famously slow to innovate adopted telehealth measures extremely quickly in response to the changing environment. The broadcast function that allows hospitals to broadcast messages in large volumes developed by the automated appointment booking system DrDoctor reached 150,000 patients just three days after its launch last month.
Service and production led industries were initially the most agile, 23 percent reporting the increased momentum of digital transformation. However, just two weeks later the digital and finance sectors have grabbed the bull by the …

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New offering from Pegasystems improves enterprise efficiency while speeding digital transformation

new offering from pegasystems improves enterprise efficiency while speeding digital transformation

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All of the studies, evaluation, and endless analysis are finally over. The current global crisis has driven companies to embrace digital transformation, and Pegasystems Inc. has positioned itself at the heart of this transition.
“There’s been a lot of talk about it over several years, and there’s been lots of initiatives, but it was missing the urgency that it needed to get things done,” said Kerim Akgonul (pictured), senior vice president of products at Pegasystems. “There’s no longer a question about whether to go through a digital transformation. Everybody knows it’s a ‘yes.’”
Akgonul spoke with Dave Vellante, host of theCUBE, SiliconANGLE Media’s livestreaming studio, during the PegaWorld iNspire virtual event. They discussed a new software architecture for bridging tech stacks, the role of real-time data in driving artificial intelligence, and how Pega’s customers have responded to a more uncertain and volatile world. (* Disclosure below.)
Closing connectivity gaps
Pegasystems unveiled a new offering on Tuesday to help move enterprises further along the digital transformation journey. Pega Process Fabric was released as a cloud-based software architecture that used APIs, an open UX framework, robotic automation, UI components, and data virtualization to bridge connectivity gaps between …

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How a Strong Company Culture Can Drive Digital Transformation – EnterpriseTalk

how a strong company culture can drive digital transformation – enterprisetalk

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Enterprises need to adapt to a forward-thinking approach to pave the way for digital transformation
Now, more than ever before, organizations are relying on a driven and engaged workforcethat is safe, happy, self-motivated, and built for collaboration, and productivity as well asthe business’s bottom line.
After all, how can anyone expect a dysfunctional, toxic culture to translate into a productivehome working scenario that’s committed to pushing revenue into the black? Or provide awelcoming environment and seamless on boarding process – especially when it must takeplace remotely – for a new starter to remain loyal and eager to succeed?
Staggeringly, breath HR’s ‘The Culture Economy’ 2018 report highlights how poor companyculture costs £23.6bn per year – with 34% of people quitting their jobs because of a direworkplace atmosphere. The figures continue to back up how a motivated team can drivecommercial success. For example, research by financial economists showed companies thatwere listed as being among ‘the best places to work’ delivered nearly 20% higher returns to shareholders. Why? Because their teams were given the support to remain mentally-strong, the correct tools to be productive and the motivation to be trusted to do their jobs well –much to the benefit of the end user.
There are …

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How to Avoid the Digital Transformation ‘Gates of Hell’ | Grit Daily News

how to avoid the digital transformation ‘gates of hell’ | grit daily news

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“You can stand me up at the gates of hell, but I won’t back down.” Tom Petty
No, really! What’s more, I can pretty much guarantee that you won’t back down either.
Here’s the thing, these are the gates of hell on earth that I’m talking about. It’s a tourist spot in Turkmenistan. I suspect the late, great Tom Petty had the real deal in mind when he wrote I Won’t Back Down in 1989. The Darvaza gas crater, also known as the “door to hell” or “gates of hell” is deep in the heart of Turkmenistan’s Karakum Desert. The fiery crater has glowed day and night continuously for since 1971.
Oddly enough, the crate is man-made. It was created by accident by Soviet scientists who were trying to solve a crisis in a hurry. And, it carries lessons on how to avoid creating big long-term digital issues, when trying to fix a crisis situation. That’s worth pondering, given the recent special report by AppDynamics where 76 percent of IT executives expressed concern about the longer-term impact of digital transformation initiatives that were rushed through during the COVID crisis.
Oops, we started a really …

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20 Years of Innovation and Digital Transformation – TechAffinity

20 years of innovation and digital transformation – techaffinity

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TAMPA, Fla., June 2, 2020 /PRNewswire/ — TechAffinity, a Florida corporation delivering Application Development and Digital Transformation for startups to F500 companies across multiple industries is celebrating its 20th anniversary of driving Customer Success. Founded as a 5-member team supporting just one technology has now grown to more than 250 employees in two countries with expertise in 50+ technologies.

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TechAffinity

This year will mark another significant milestone for the private IT service provider, as they announce a merger of TechSmarte (IT Staffing Company) to expand its service offerings. This merger is said to expand the company’s portfolio in providing IT staffing solutions by tapping into localized hiring across the nation and focusing on remote teams.

As a frequent contributor to local business and charity events, TechAffinity recently supported a charity event “I Support Veterans” in association with the Yellow Ribbon Network (YRN) in their hometown of Tampa Bay, Florida. TechAffinity is the development partner of choice for YRN in creating a unique platform that connects the Veterans and the non-profit organizations providing assistance.
Rated as one of the Top IT Service & Software Development Companies, TechAffinity has been focusing on expanding its diverse portfolio with next-gen technologies and services. In 2018, TechAffinity became an ” …

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Business Reporter: Why Digital Transformation Doesn’t Need to be a Leap Into the Unknown

business reporter: why digital transformation doesn’t need to be a leap into the unknown

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LONDON, June 2, 2020 /PRNewswire/ — Digital transformation has been changing the way businesses large and small operate dramatically over the last few years, with recent events only bringing the necessity for them to adapt into even sharper focus.
In an article for Business Reporter, Elliot Limb, Chief Commercial Officer at Mambu, argues that increasing demand for online banking services will push traditional banks to innovate more quickly – and that they can learn a lot from the fintech playbook.
Upgrading legacy systems is a major part of digital transformation, but the process can be costly and unwieldy, and reaching a decision on how to do so can stall digital transformation. Digital transformation also requires a degree of risk-taking, but because banks are naturally risk-averse this can make progress difficult.
In the same way in which fintechs have been able to build better customer experiences as they enable constant iterating and improvement, banks need to be able to create an environment where they can be able to experiment without fear, says Limb. And although it can seem like an insurmountable task, many large banks – such as Santander UK and ABN AMRO – have been success stories in a new approach, which Mambu calls composable …

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Digitalization By Default – Covid Accelerates Latin American Banks’ Transformation

digitalization by default – covid accelerates latin american banks’ transformation

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For the last several years, bankers throughout the Latin American and Caribbean region have been talking a good game about their digital transformation efforts. Many believed that they were moving quickly to transform their legacy institutions into agile organizations and were ready to meet the fast-moving digital expectations of consumers and the increased competition from upstart Fintechs. Then Covid-19 (Covid) hit like a meteor.
Looking back, the reality was that collectively, the industry was moving slowly and tentatively as many organizations grappled with significant institutional doubt and resistance as to the need for digital transformation and whether the ROI would ever justify the sizable investments required. Besides, the old business model worked, and it was profitable, even if nearly 46% of the region’s population remains unbanked.
Overnight, banks centralized model of operations was upended as workers were required to work remotely from home, branches became ghost towns that needed to be retooled to meet new social distancing guidelines and previously manual work processes needed to be reimagined and reengineered to keep operations moving.
Institutions that had invested in digital transformation found that they were well positioned to seamlessly continue operations, employees proved they could be very productive working from home …

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