Has your business built its 3-lane highway yet?
To succeed in the 21st century, firms must adapt to changing technology as part of core business models. Nike is a perfect example: using tech to maintain leadership in existing markets, unlock new opportunities, and build partnerships for long-term growth. At HCL, we call this the Mode 1-2-3 roadmap to sustained excellence.
Digital: Not a ‘small change’ for banks
It is said that by 2021, half of the world’s adult population is set to bank digitally. With the number of customer touch points growing, services are going 24/7, collaboration with partners has become essential to innovation and customers are demanding more information in order to take decisions about their financial assets. All of these changes will only be possible if banks are able to fully digitize themselves. Thus, it isn’t any surprise to hear Richard Fairbank, the CEO of Capital One, say, “We’re going to need to think more like technology companies and maybe a little less like banks.”
The Security Challenge posed by the Internet of Things : Part-1
Many organisations are experimenting with IoT projects, but these bring in significantly different security challenges, which can have far-reaching consequences. An appreciation of these unique challenges is important for the effective rollout of IoT. These challenges differ from those that arise in more conventional technology infrastructures. Strategies that involve ring fencing core systems and applications and tightly controlling access do not work with IoT. Here the scale is exponentially multiplied as you’re dealing with potentially tens or hundreds of thousands of small devices spread across large areas in real-time. Unlike traditional cybersecurity, which mostly results in data compromise, security challenges of real-time IoT networks can have far-reaching implications on human security and safety.
In 2021, an average active internet user spent an average of 2 hours and 25 minutes e
With the rise in cybercrime, it's more important than ever for businesses to take on a future-ready posture. Although the scope and nature of cyber-attacks vary, one constant remains: they never stop.
May 20, 2022
Modern businesses are becoming more employee-centric and going beyond their means to adopt hybrid work methodologies.
May 20, 2022
Workplaces are no longer office areas to be occupied during regular working hours. In fact, traditional office-centric design for hybrid work environments is like a square peg in a round hole.
’We’ are changing, and the pace of change just continues to accelerate. To corroborate this statement, the companies on the first Standard and Poor’s index of 90 major US companies created in the 1920s stayed there for an average of 65 years.
As we move into an increasingly digital world, the line between our physical and virtual lives continues to blur.
Four major industrial revolutions have occurred in the last few centuries with each revolution contributing to enhanced productivity and operational efficiency of the manufacturing process. Transition time between these revolutions has decreased…
Order to Cash value is the only organic means for a business to generate cash for the business and managing it efficiently can impact and improve both customer and financial operations of
Feb 14, 2022
The last two years have been a time for rapid innovation and adaptation for finance and accounting services.
As organizations focus on transformation objectives and create a roadmap of initiatives focused on business objectives, it is critical that they plan transformation initiatives across other dimensions. For example, organizational agility enables…
We are witnessing a far-reaching disruption in the market driven by three forces: Automation, Cloud and Digitalization. The momentum of change, fuelled by an explosion of data and connected devices, software defined infrastructure and experience and…
In this blog, C Vijayakumar talks about a 3-step method to ensure continued relevance of your skill profile. In today’s world of relentless change, he says, paraphrasing Darwin’s Evolution Theory, “the one that is the most adaptable to change will…
Dec 21, 2021
Paving the Way to Higher Value: How can Banks Align with EC's Sustainable Finance Recommendations?
The concept of sustainable finance came into existence by taking lessons from history and the not-so-inclusive economic catalog of the industrial age.
Attrition!! Do we have any option than managing it? Are we the only organization facing this attrition? Or are we really missing out on some fundamentals? if yes, then why it was almost half to its current level for last 5 years. Moreover, the…
Apr 01, 2021
With the assortment of Cloud solutions available in the market today, most organisations look at adopting an enterprise-wide Cloud strategy that maximizes business value while incorporating industry considerations. Our CTO and Head - Ecosystems,…
Sep 28, 2021
Ransomware is not going away– at least anytime soon. It is important that the organizations gauge their readiness by doing their risk assessments and taking appropriate corrective actions to face this unknown enemy terrain. It is also imperative…
Nov 22, 2021
Organizational work culture has always been a challenge to strengthen and sustain, but with hybrid work models, the level of difficulty has increased manifold. It is rare to have such an opportunity as we do now, however. As new working models…
Oct 28, 2021
As we have seen in the past decade, consumer-adopted technologies proliferate faster into the enterprise – especially in the digital era. XR is at the cusp of making that transition and is ready to leap into redefining business processes. While…