Category: Innovation

In-Depth Industry & Ecosystem Analysis

Whether you are building an enterprise web portal or a state-of-the-art website, you always need the right modern tools. Well-built and maintained PHP frameworks provide those tools in abundance, allowing maintained PHP frameworks provide those tools in abundance, allowing developers to save time, re-use code, and streamline the back end. As software development tools continuously change to follow the latest. Despite the competition from startups and the ever-present economic challenges, the banking industry is gradually adopting what the latest technologies have to offer.

From cloud technology to cyber risk management to machine learning in investment banking, join us as we explore the banking industry trends for 2019 and beyond. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Cloud Technology as New Foundation

Cloud has become the new normal for nine of ten enterprises across industries. The average IT environment in both SMBs and larger companies is becoming increasingly cloud-based. Companies also diversify their delivery models, with Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) gaining more and more traction. Plus, a slew of new job positions have emerged to manage different aspects of cloud in the enterprise, including architecture and safety.

One of the new trends in the banking industry, ensuring fail-safe security will also be a core question regardless of the type of a cloud solution and its scale. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Risk Management Banking Industry Trends

Existing risk management systems at banking organizations might not be ready to face the challenges of the rapidly changing world. Poised to become the top banking industry trends for 2019 and years to come, AI-driven solutions with machine and deep learning algorithms provide a solution. As for cyber risk management, experts at Deloitte point at the following trends in the banking industry:

  1. Strengthen basic controls like IT asset, patch, and vulnerability management to identify and manage risks related to implementation of cloud and migration to open architecture.
  2. Use analytics tools and AI with security in mind.
  3. Build an IT infrastructure with security as a top priority: it should be able to withstand systematic attacks and long stress periods.
Risk Management Banking Industry Trends

Fintechs and nonbanks now have a substantial influence in the banking industry. They are highly agile, innovative, and aim at exceeding the demands of modern customers in banking services and experiences. Established retail banks need to compete and often play catch-up. Still, they acknowledge the need to change, and change fast.

There are no secrets to success. It is the result of preparation, hard work, and learning from failure.

– Paul Tournier

Thus, adopting the same approach is a potent solution for retail banks that aim at adopting the latest trends in the banking industry quickly and impactfully.

5 Questions for Connected Product UX

Whether you are building an enterprise web portal or a state-of-the-art website, you always need the right modern tools. Well-built and maintained PHP frameworks provide those tools in abundance, allowing maintained PHP frameworks provide those tools in abundance, allowing developers to save time, re-use code, and streamline the back end. As software development tools continuously change to follow the latest. Despite the competition from startups and the ever-present economic challenges, the banking industry is gradually adopting what the latest technologies have to offer.

From cloud technology to cyber risk management to machine learning in investment banking, join us as we explore the banking industry trends for 2019 and beyond. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Cloud Technology as New Foundation

Cloud has become the new normal for nine of ten enterprises across industries. The average IT environment in both SMBs and larger companies is becoming increasingly cloud-based. Companies also diversify their delivery models, with Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) gaining more and more traction. Plus, a slew of new job positions have emerged to manage different aspects of cloud in the enterprise, including architecture and safety.

One of the new trends in the banking industry, ensuring fail-safe security will also be a core question regardless of the type of a cloud solution and its scale. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Risk Management Banking Industry Trends

Existing risk management systems at banking organizations might not be ready to face the challenges of the rapidly changing world. Poised to become the top banking industry trends for 2019 and years to come, AI-driven solutions with machine and deep learning algorithms provide a solution. As for cyber risk management, experts at Deloitte point at the following trends in the banking industry:

  1. Strengthen basic controls like IT asset, patch, and vulnerability management to identify and manage risks related to implementation of cloud and migration to open architecture.
  2. Use analytics tools and AI with security in mind.
  3. Build an IT infrastructure with security as a top priority: it should be able to withstand systematic attacks and long stress periods.
Risk Management Banking Industry Trends

Fintechs and nonbanks now have a substantial influence in the banking industry. They are highly agile, innovative, and aim at exceeding the demands of modern customers in banking services and experiences. Established retail banks need to compete and often play catch-up. Still, they acknowledge the need to change, and change fast.

There are no secrets to success. It is the result of preparation, hard work, and learning from failure.

– Paul Tournier

Thus, adopting the same approach is a potent solution for retail banks that aim at adopting the latest trends in the banking industry quickly and impactfully.

Your 5-Minute Guide: Types of Data Analytics

Whether you are building an enterprise web portal or a state-of-the-art website, you always need the right modern tools. Well-built and maintained PHP frameworks provide those tools in abundance, allowing maintained PHP frameworks provide those tools in abundance, allowing developers to save time, re-use code, and streamline the back end. As software development tools continuously change to follow the latest. Despite the competition from startups and the ever-present economic challenges, the banking industry is gradually adopting what the latest technologies have to offer.

From cloud technology to cyber risk management to machine learning in investment banking, join us as we explore the banking industry trends for 2019 and beyond. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Cloud Technology as New Foundation

Cloud has become the new normal for nine of ten enterprises across industries. The average IT environment in both SMBs and larger companies is becoming increasingly cloud-based. Companies also diversify their delivery models, with Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) gaining more and more traction. Plus, a slew of new job positions have emerged to manage different aspects of cloud in the enterprise, including architecture and safety.

One of the new trends in the banking industry, ensuring fail-safe security will also be a core question regardless of the type of a cloud solution and its scale. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Risk Management Banking Industry Trends

Existing risk management systems at banking organizations might not be ready to face the challenges of the rapidly changing world. Poised to become the top banking industry trends for 2019 and years to come, AI-driven solutions with machine and deep learning algorithms provide a solution. As for cyber risk management, experts at Deloitte point at the following trends in the banking industry:

  1. Strengthen basic controls like IT asset, patch, and vulnerability management to identify and manage risks related to implementation of cloud and migration to open architecture.
  2. Use analytics tools and AI with security in mind.
  3. Build an IT infrastructure with security as a top priority: it should be able to withstand systematic attacks and long stress periods.
Risk Management Banking Industry Trends

Fintechs and nonbanks now have a substantial influence in the banking industry. They are highly agile, innovative, and aim at exceeding the demands of modern customers in banking services and experiences. Established retail banks need to compete and often play catch-up. Still, they acknowledge the need to change, and change fast.

There are no secrets to success. It is the result of preparation, hard work, and learning from failure.

– Paul Tournier

Thus, adopting the same approach is a potent solution for retail banks that aim at adopting the latest trends in the banking industry quickly and impactfully.

Tech Conference Events 2019/2020

Whether you are building an enterprise web portal or a state-of-the-art website, you always need the right modern tools. Well-built and maintained PHP frameworks provide those tools in abundance, allowing maintained PHP frameworks provide those tools in abundance, allowing developers to save time, re-use code, and streamline the back end. As software development tools continuously change to follow the latest. Despite the competition from startups and the ever-present economic challenges, the banking industry is gradually adopting what the latest technologies have to offer.

From cloud technology to cyber risk management to machine learning in investment banking, join us as we explore the banking industry trends for 2019 and beyond. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Cloud Technology as New Foundation

Cloud has become the new normal for nine of ten enterprises across industries. The average IT environment in both SMBs and larger companies is becoming increasingly cloud-based. Companies also diversify their delivery models, with Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) gaining more and more traction. Plus, a slew of new job positions have emerged to manage different aspects of cloud in the enterprise, including architecture and safety.

One of the new trends in the banking industry, ensuring fail-safe security will also be a core question regardless of the type of a cloud solution and its scale. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Risk Management Banking Industry Trends

Existing risk management systems at banking organizations might not be ready to face the challenges of the rapidly changing world. Poised to become the top banking industry trends for 2019 and years to come, AI-driven solutions with machine and deep learning algorithms provide a solution. As for cyber risk management, experts at Deloitte point at the following trends in the banking industry:

  1. Strengthen basic controls like IT asset, patch, and vulnerability management to identify and manage risks related to implementation of cloud and migration to open architecture.
  2. Use analytics tools and AI with security in mind.
  3. Build an IT infrastructure with security as a top priority: it should be able to withstand systematic attacks and long stress periods.
Risk Management Banking Industry Trends

Fintechs and nonbanks now have a substantial influence in the banking industry. They are highly agile, innovative, and aim at exceeding the demands of modern customers in banking services and experiences. Established retail banks need to compete and often play catch-up. Still, they acknowledge the need to change, and change fast.

There are no secrets to success. It is the result of preparation, hard work, and learning from failure.

– Paul Tournier

Thus, adopting the same approach is a potent solution for retail banks that aim at adopting the latest trends in the banking industry quickly and impactfully.

Top 10 Reasons You Need a Digital Marketing Strategy in 2019

WNowadays, technology is becoming integral part of our day-to-day activities. Each and every person in this planet is owner of communication devices such as smart phones, tablets, laptops and conversational AI devices. With more people going online, it’s essential to give online presence to your business. Digital marketing is a smart way for businesses to promote their products and highlight them on an online platform.
Incorporating Digital Marketing Strategies to your Business will help your business reach out to online consumers. It is a contemporary marketing strategy that can target online audience and help in your business growth

10 Reasons why you need Digital Marketing Strategies to your Business

1) Increase online sales
2) Traffic inflow
3) Online competitors
4) Accessibility
5) Know Your Target Audience
6) High conversion rate
7) Brand awareness
8) Cost effective
9) Web content
10) Optimization

Increase online sales

Most of your customers are online by now. There’s a high probability that your customers might already be searching for a business like yours, but they don’t find you in their search, they are probably going to choose someone else and you are at loss.
They expect to find you when they search for your products. Your business has to be website ready with presence in social media. People also look out for reviews so they come to know the feedback of your business and whether it is a good place to do buy.

Traffic inflow

Digital marketing offers you the best way to make your products and services available to the customers who are searching for you online. You have a high chance to expand the scope of your business. Digital marketing of your product can lead to higher traffic inflow to your site. You can cater the needs of larger audience than you possibly could by just sticking to local prospects.
Once you create web presence, your business is open outside your office hours. Your business becomes flexible with timings which allows your customers to visit you any time.
Customers can browse your inventory and submit their prospects, questions, feedbacks regarding their purchase in your web service. Potential customers, irrespective of their location, can visit you and do business with you.

Online competitors

You need to track what your competitors are doing and learn from them in order to make your business successful. When you see competitors as your guide, you are in the right track since you get to learn from them. You will probably get an idea of pros and cons of content, graphics and videos used by your competitors and have a chance to come up with good content useful to your business.
It’s not just enough to have website, you need to appear on the top of search list which is possible by SEO (Search Engine Optimization). You can move ahead of your competitors when you are searched by prospects in Google by the help of keywords.

All the business entities ranging from small to large scale enterprises, need to incorporate digital marketing in order to grow the business.

Accessibility

Now, most of the people have started searching online for products. Google is widely used search engine to search for online products and services. Having online presence can definitely help a lot for your business growth in this digital era.
Once you create web presence, your business is open outside your office hours. Your business becomes flexible with timings which allows your customers to visit you any time.

Know Your Target Audience

Building relationship with your customers is a major aspect for your business growth. Digital marketing allows you to achieve that aspect. You can gradually get to engage with them and provide the services which they seek. Surveys on social media or blogs can help in getting to know more about their concerns.

High conversion rate

Business entities which use online mode of marketing their products and services, can measure the real-time conversion rate by various tools. Various measures like number of people visiting page, percentage of visitors converting to leads, number of subscribers, number of sales etc. can be calculated by using tools like google analytics. SEO, Social media marketing and Email marketing can catalyze your conversion rates since they are able to generate fast and interactive communication channel with the customers.
It’s not that all the visitors to your website purchase your product, digital marketing provides you the path to converts these visitors to sales.

Brand campaign

Digital marketing will help you canvas your brand and service on multiple channels which gives the opportunity to customers to review your services as per their level of experience. Positive feedback left by a satisfied customer accelerates the sales of your product by conversion principle.
Digital marketing costs less than other marketing modes and it helps your brand to reach out to much wider range of audience. Generally Small business entities allocate less budget on brand advertising. This form of advertising is a boon to those kind of entities.

Cost effective

Digital marketing provides you the benefit to reach out to much wider audience much within your budget. This helps you to allocate your budget to some other aspect of your business. You can plan your digital marketing strategy accordingly rather than wasting your budget on other traditional marketing methods.
Irrespective of capital, businesses definitely need to keep a check on expenditure before falling into the green zone bracket and start making profits.

Web content

Content of your website defines the passion with which you have worked and nature of your services which you are going to offer. This is clearly visible by navigating through your website. Have you ever imagined the reaction of a person who found your site and navigating through it? Attractive images, meaningful content with suitable words can definitely attract your consumer.
Digital marketing will ensure that your brand is advertised implicitly and customers are happy to get services offered from you.

Optimization

Every business owning a website will have analytics to track measure associated with business performance and need time to review the KPIs. Once your marketing strategy works for you, then you can add other aspects like search marketing, site user experience, email and social media marketing. Every business can craft their own plan of action based on its performance.
Does your business already have a digital marketing strategy in place? What is it all about? Tell us in the comments below!