Banking-as-a-Service Will Hit Mainstream Adoption Within Two Years: Study
Banking-as-a-Service (BaaS) will hit mainstream adoption within two years, according to the latest Gartner Hype Cycle for Digital Banking Transformation. Gartner predicts that 30% of banks with greater than $1 billion in assets will launch BaaS for new revenue by the end of 2024, but half will not meet targeted revenue expectations. BaaS BaaS is... By CIO&Leader
Sify and HPE form a partnership to improve cloud capabilities
ICT solutions provider Sify Technologies has entered into a partnership with Hewlett Packard Enterprise to deliver an innovative cloud model for organizations to make the best use of their cloud ecosystem and accelerate their digital journey. As part of the partnership, Sify’s enterprise grade cloud offering Sify CloudInfinit will leverage HPE’s as-a-service offering GreenLake to enable... By CIO&Leader
7 Top Priorities For Startup CTOs in 2022
A thriving startup segment drives innovation, disrupts the status quo, provides new employment opportunities, and significantly contributes to economic growth. India's startup ecosystem is currently the third-largest globally, behind the US and China. The country now has 100 unicorns (startups valued at $1 billion or more), a number that is third only to the United States (1036) and China (253... By Jatinder Singh
75% of India’s top 100 Android apps are vulnerable: Study
Appknox, a mobile security testing platform has recently conducted security research that revealed that more than 75% of the top 100 Indian Android apps contained critical security risks, which puts the sensitive customer and business data at risk. According to the report, titled, Evidence-based Insights – India’s Top 100 Android Mobile Apps tested for Cybersecurity, over 78% of the Top 100... By CIO&Leader
NEXT100 winner Ashish Khanna joins as CISO at Evalueserve India
Ashish Khanna has joined as CISO at Evalueserve India. Earlier, he was CISO at the Oberoi Group. He also served as the IT Incharge at Taj Group of Hotels and Customer Support Engineer at Mahindra & Mahindra. Khanna has been a NEXT100 Winner in 2011. He completed his Senior Management Program from IIM-Calcutta, Management Development Program from MDI, GNIIT, Computers from NIIT and BCom from... By CIO&Leader
Cybercrime industry thriving on ransomware DIY tools: Study
Even cybercriminals are embracing subscription-based business models aggressively, as many illicit organisations are now providing Ransomware-as-a-Service (RaaS), a new type of malicious subscription-based service to sell or rent ransomware to cybercriminals that lack the technical skills to commoditize ransomware. Tenable's study claims that ransomware gangs made $692 million from all of their... By CIO&Leader
60% employees prefer flexibility over a four-day work week: Study
As the idea of a four-day work week continues to gain traction across India, almost two-thirds of full-time employees in the country (62%) would prefer the flexibility to work whenever they want over one-fewer days at work (38%). Flexibility is also a bigger driver of retention (60%) than a four-day work week (51%). These findings were revealed by a study conducted by Qualtrics, an experience... By CIO&Leader
Distributed Cloud: Why it is a priority tech trend?
The dynamics of how firms function have changed as a result of Covid-19. It's all about remote work these days, and it's here to stay. We will most likely never work exclusively from a shared workplace again. Instead, most businesses will use a mixed approach, commonly known as a hybrid model. The cloud has played a critical role in making this possible. According to research by Gartner, by 2024... By Jagannadh Kanumuri
How AI and VR are shaping the future?
AI is the new world now. Artificially created world, be it the gaming platform or the virtually created space, we just enjoy it all. Starting from the 3D films to the 5D films, the experience of the artificial world and world created by VR has become the new age fantasy and the fifth-generation guys are enjoying that. Instead of creating the real thing the people are getting that experience via... By Kanu Ratan Butani
Organizations are still not fully prepared for the digital age: Study
The pandemic has turned into a catalyst for transformation in enterprises across sectors. Indian organizations are continuously learning to adapt to the new realities of working. However, they still seem uncertain about their digital capabilities and future technology requirements. According to a recent report published by A10 Networks, the enterprises in India are facing significant challenges... By CIO&Leader
Scaling AI for finance a massive challenge for enterprises: Study
Half of current finance artificial intelligence (AI) deployments will be either delayed or cancelled by 2024, while the use of business process outsourcing (BPO) for AI will rise from 6% to 40% within two years, according to Gartner. The finance department of enterprises will face major barriers to scaling up the use of AI in-house and will increasingly turn to business process outsourcing (BPO)... By CIO&Leader