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How Hazelcast hopes to make digital transformation mainstream

how hazelcast hopes to make digital transformation mainstream

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Commentary: Even as the coronavirus pandemic has hastened digital transformation efforts, success remains elusive for many companies. This one-stop shop to digital transformation might help.

Image: metamorworks, Getty Images/iStockphoto
It’s no secret that, as CircleCI CEO Jim Rose put it, “The pandemic has compressed the time[line]” for digital transformation. What is perhaps surprising is just how broad and deep that transformation is spreading. In an interview with Hazelcast chief product officer David Brimley, he stressed that while Fortune 500 e-commerce and finance companies have historically paid the bills for Hazelcast, provider of an open source in-memory data grid (IMDG), mid-sized enterprises “are coming to us and saying, we want to start digitizing and [adding digital] channels for our business.” How they get there, and how fast, is the question.  SEE: Digital transformation road map (free PDF) (TechRepublic) A one-stop shop to digital transformation  As keen as companies are to move workloads to the cloud to facilitate digital transformation, not all companies are alike in their readiness, Brimley said. In particular, these mid-sized enterprises may lack the personnel or other resources to push aggressively into the cloud, whatever their intentions. As such, he said, many companies are trying to figure …

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Xentaurs Is On A Mission To Make Digital Transformation Easier For Enterprises

xentaurs is on a mission to make digital transformation easier for enterprises

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Xentaurs
Anoj Willy, President and Co-Founder of Xentaurs
Xentaurs believes that Digital Transformation impacts everyone
CALIFORNIA, USA, August 7, 2020 /EINPresswire.com/ — Xentaurs, as characterized by its mythological description, strives to provide a link between human and machine, placing the initiatives that their company can offer at this interphase. They are the leading consulting and systems integrator specializing in digital business transformation.They continue to provide bigger and better platforms for the development of their clients’ businesses. Xentaurs has enabled fortune 1000 companies over the past 4 years to have better reach in terms of marketing and partnerships by making a digital transformation in their operations. The digital initiatives of Xentaurs accelerate the outcomes and allow independent function with quality performance.As a people company passionate about upholding the talents of its employees, Xentaurs believes that the potentials of their workforce are essential in making digital business transformation a reality and empower the IT channel.“Xentaurs, along with our top-quality manpower, aims to provide the best digital technology advantages and solutions to enterprise customers. With digital transformation, your company will be able to save a lot of effort, time, and resources in any processing and operations of the entire company. It is about …

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Three Key Components of Digital Transformation

three key components of digital transformation

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Video produced by Steve Nathans-KellyAt Data Summit Connect 2020 Bruno Kurtic, founding VP, strategy and solutions, Sumo Logic, explained the three digital transformation fundamentals. Full videos of Data Summit Connect 2020 presentations are available at www.dbta.com/DBTA-Downloads/WhitePapers.”As we try to sort of transform into a digital enterprise and do that effectively, the first transformation that could go through is the software lifecycle transformation,” Kurtic said. “The software lifecycle transformation is going from a traditional waterfall software development methodology, which was developed for the previous stage of this industrial revolution where software needed to change relatively infrequently. It was built and designed to run for a while where it was impacting slow-moving processes like changes in supply chain or manufacturing and things like that.”Organizations are now shifting and transforming that into agile software development. DevOps supports a far more iterative and rapid evolution of that software because software is no longer a means to an end, he explained. The digital experience has evolved to become the product. “An agile software development methodology enables us to iterate, get feedback, improve, and essentially innovate much faster,” Kurtic said. “The second change that we’re going through is the environment within which …

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Accelerated digital transformation opens partner opportunities

accelerated digital transformation opens partner opportunities

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The COVID-19 crisis has accelerated digital transformation, influenced technology adoption and altered customer mindsets.
The result is dizzying change, but also a set of new opportunities for channel partners. Speakers at CompTIA’s ChannelCon online event this week described a fast-moving environment that’s driving foundational change for business and technology leaders — and the service providers that support them.

“We have sort of time-traveled over the last four months,” said Betsy Ziegler, CEO at 1871, a university-affiliated technology incubator. “The digitization that’s gone on in the last four months would have taken years to do had it not been for COVID.”
The ongoing shift isn’t strictly about the technologies of digital transformation, however.
Seth Robinson, senior director of tech analysis at CompTIA, said cultural change separates the organizations that are faring better than others facing the pandemic. CompTIA recently published a whitepaper on emerging technology and its role in digital transformation.
“You can have this checklist of, ‘Have we migrated to the cloud?’ but if you are not actually using these technologies properly because of the culture that you have in place, you probably weren’t positioned quite as well as you could have been,” he said. “I think we have seen …

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Why Digital Transformation Is Imperative For Business Continuity

why digital transformation is imperative for business continuity

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August
7, 2020

5 min read

Opinions expressed by Entrepreneur contributors are their own.

The COVID-19 pandemic has forced business leaders in general, and CIOs in particular, to move faster than ever before. With revenue forecasts slashed across most sectors, interruptions on both the supply- and demand-side, everyone is being asked to cut operating expenses, while at the same time maintaining business continuity and building a path to returning to work.Seismic changes—earthquakes—are occurring in both customer behavior and workplace organization. And the thing about earthquakes is that they rarely leave the landscape looking the same as it did before.Transformation takes on a new urgency  In this environment, digital transformation isn’t a project that runs smoothly alongside ordinary business operations. It’s a must-do-yesterday component of business continuity that has to be expedited to keep pace with the obstacles thrown up by the pandemic response itself.After enabling telecommuting and digital collaboration tools to ensure continuity in internal systems, IT leaders face the task of transforming the organization as a whole.  In doing so, the decisions made today are going to define the baseline on how to respond to future changes in operating approaches.Even before the COVID-19 pandemic, …

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Fund managers must accelerate digital transformation to overcome this crisis

fund managers must accelerate digital transformation to overcome this crisis

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For fund managers battling against the fallout from the pandemic, the need for fundamental digital transformation has never been more urgent.Technology will play a critical rule in safeguarding the sector’s resiliency to future shocks, but tackling this challenge requires a collaborative, cross-industry approach that begins at the market – not individual firm – level.High stakesThe operational risks that banks faced twelve years ago have taken on a new form and migrated to the complex, ever-growing and evolving investment industry.Meanwhile, regulatory oversight of the banking sector has increased dramatically. Naturally, in search of improved returns and greater flexibility, many investment activities have as a result been channeled through non-bank institutions which fall outside of the scope of the new regulatory regimes.At the peak of the last crisis, the non-bank sector controlled assets of $98trn. Today, this number has almost doubled to a staggering $180trn – significantly higher than overall assets controlled by the banking sector.The technology choices the investment industry makes today are critical to protecting the health of this hugely important part of the broader financial system. Blockchain is one such transformative technology that can slash costs, inefficiencies and risks, and help fund management firms steer through …

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Building Resilience with Digital Transformation to Foster Enterprise Success on Cloud

building resilience with digital transformation to foster enterprise success on cloud

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Industries across the board have been looking for new models in leveraging technologies – 5G, cloud, artificial intelligence (AI), the Internet of Things (IoT) are the most sought after – to boost efficiency and productivity while reducing costs and hiccups. Instead of just replacing some of the procedures with innovative solutions, some enterprises take further steps in their digital journey by overhauling the way they’re doing businesses.Many forerunners are getting more adaptive to new technology, especially after the COVID-19 pandemic has completely changed the norm of how enterprises are operating. Even before that, the demand for digital transformation has been increasing.In 2019, nearly $380 billion was spent in the Asia Pacific region alone on technologies and services intended to promote the digital transformation of business practices, products, and organizations, according to market researcher IDC. The five-year compound growth rate from 2017 to 2022 is expected to reach 17.4% per year. There are no apparent signs for spending on digital transformation to slow down in the foreseeable future.Digital resilience is critical for new normalThe epidemic outbreak has prompted companies to gradually shift their focus from business continuity to cost optimization amid an economic slowdown that was forced by a series of lockdowns, IDC Group …

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Examining the Digital Transformation During COVID-19

examining the digital transformation during covid-19

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Brian Sutherland
The state of commercial real estate has been significantly changed by the COVID-19 pandemic. The industry has seen a steep rise in the need for tech platforms to drive revenue and facilitate remote work to keep offices safe and productivity high.
Spending on advanced technology
I recently participated in a Realcomm webinar in which Stuart Appley shared CBRE research that found 57 percent of companies were increasing spending on digital transformation prior to COVID-19. Moving forward, 70 percent of executives said digital transformation spending is likely to accelerate. A deeper dive into the numbers shows that increased spending is driven largely by business growth opportunities (51 percent) and increased competitive pressure (41 percent). The focus of the spending is primarily on modernizing customer touchpoints and enabling infrastructure, comprising 54 percent and 45 percent, respectively.
In other words, operators are spending on tech that allows them to grow their business and to keep up with the competition, specifically by creating or implementing new systems to eliminate physical touchpoints. Health and wellness standards will need to be consistently monitored in order for offices to return to normal business.
Appley, the managing director for CBRE, described some of the digital advances that companies are examining and implementing:

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Digital Transformation falling onto back burner due to widening ‘hesitancy gap’ – Intelligent CIO Europe

digital transformation falling onto back burner due to widening ‘hesitancy gap’ – intelligent cio europe

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Digital Transformation is inevitable and businesses have no choice but to conform, or risk being left behind. Stephen Green, CTO, NTT Ltd. UK&I, discusses the findings of a recent NTT report and tells us how data centre leaders can build confidence in their Digital Transformation efforts in a bid to adapt and evolve. Global Data Centers, a division of NTT

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AI on the high seas: Digital transformation is revolutionizing global shipping

ai on the high seas: digital transformation is revolutionizing global shipping

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From unmanned vessels to artificial intelligence applications, digital transformation is giving shipping a 21st-century reboot.

Image: iStock/pigphoto
In the era of automation and digital transformation, the shipping industry is undergoing dramatic changes to increase efficiency and safety at the port and on the high seas. From small boats to massive container ships, these seafaring vessels are integral components of the global economy. Ships transport approximately 90% of all worldwide commerce, according to the United Nations. Maritime companies are developing the next generation of autonomous ships and leveraging artificial intelligence, machine learning, and more to design 21st-century smart ports. That said, inherent within digital transformation is of course the transformative process itself. Historically, some ports have relied on rather low-tech, manual solutions.

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“They have guys out with ropes and they measure the length of the ship or the width of the ship and then they decide which dock it’s going to go into,” Kyle Connor, Global Transportation Principal at Cisco, said. At times, the overhaul involves updating an existing technical infrastructure comprised of less sophisticated components. “I’ve gotten on ships and there are routers and switches you buy at Best Buy onboard,” Connor said.

To assist, digital …

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