In the past five years, HHS’ Office of Civil Rights (OCR) has increased enforcement of Health Insurance Portability and Accountability Act (HIPAA) violations, according to the HIPAA Journal. In 2015, there were only six HIPAA penalties, compared with 11 in 2018. Not only have enforcements increased, but fines and settlement amounts are also on the rise. In 2018, more than $28 million in penalties was paid to OCR. The mean penalty amount for 2018 was $2.6 million. Anthem settled for $16 million for failure to respond to breaches that had occurred since 2015 and for lacking technical controls to prevent unauthorized electronic personal health information (PHI) access. Continue reading “Technologies That Keep Your Health System HIPAA Compliant”
They need to give inhouse talent access to what’s happening in ‘upstream communities’
Open source software is highly valuable to the financial services industry, and 93 per cent of the sector’s IT leaders agree enterprise open source is crucial to their organisations. Adoption rates bear out this perspective, with enterprise open source currently making up 40 per cent of software used in the sector and projected to rise to 46 per cent in two years.Continue reading “Financial Services MUST Think Open Source”
As Covid-19 fundamentally shakes up how we live, learn, socialize and work, the governments across Europe are taking drastic measures to keep citizens safe and healthy. No doubt, the impact of the current situation will be massive on the economy, market sentiments, and uncertainty in spend, including IT spend.
While there is a significant impact on the European cloud market, it is potentially positive! Continue reading “COVID-19 Impact on the EMEA Cloud Market – Time to Shine for Cloud?”
For long, India has been the destination for low-cost outsourced software services, but it’s not enough now.
The IT services industry has remained a crown jewel in India’s success story, and a key growth catalyst in the nation’s economy. This industry grew to $181 billion in 2018-19, Continue reading “Indian IT 4.0: Upping the Ante on Innovation”
The finance sector has seen some incredible changes over the past few years – lots has happened in a relatively short space on time, and the new buzzword of ‘’FinTech’ seems to be capturing many people’s imaginations. FinTech simply means the technologies used and applied in the financial sectors.
Innovation is something important for every business sector, Continue reading “How Technology Is Making A Difference To The Finance Sector”
There is often a gap between concerns regarding health care cybersecurity and the underlying software faults that have been a concern for decades.
If there is one lesson to draw from this year’s Boeing 737 Max debacle, it is that software glitches can have catastrophic consequences.
That isn’t exactly a new revelation. There are multiple examples in recent decades of software bugs leading to loss of life and other forms of destruction. Continue reading “Exploring the Roots of Health Care Cybersecurity”
As agriculture and food systems across Latin America and the Caribbean (LAC) try to recover from the impacts of the COVID-19 pandemic, policy makers must act to unleash the sector’s vast potential to drive sustainable and inclusive growth for decades to come, according to a new World Bank report.Continue reading “Agriculture in Latin America & the Caribbean is Poised for Real Transformational Change.”
Pharma is big business, but what it’s not generally recognized is, in large part, a manufacturing business with complex supply chains, finicky chemical processes and products that have to meet stringent quality controls. Few of those outside the industry think about how drugs are made safely, efficiently and at scale with reliable quality and in precisely measured doses.
Even more interesting is the simple fact that pharma often produces sophisticated drugs using manufacturing processes that are decades out of date, and which are being phased out in comparable industries, such as chemical manufacturing. Continue reading “How Will IoT Revolutionize Pharmaceutical Manufacturing?”
Continent’s capacity has doubled in the past three years as global investment surges
International investors are rushing to fund a boom in the African cloud computing market, as the proliferation of smartphones and mass adoption of business software on the continent leads to soaring demand for data centres to power the technology Continue reading “Africa’s cloud computing boom creates data centre gold rush”
In the age of the experience economy, customer loyalty is driven by convenience and instant access to information.
the way we perceive and interact with technology to manage and protect the lifeblood of every organisation Continue reading “Customer Experience & Industry 4.0”
Abu Dhabi backs food-tech innovation across land, sea and space.
The Abu Dhabi Investment Organisation (ADIO) is stepping up its programme to attract food-tech companies that are developing solutions across ‘land, sea and space’ to the region. ADIO Director General His Excellency Dr Tariq Bin Hendi that the Emirate hopes to play a leading role in the global food-tech revolution.Continue reading “Turning the Desert GREEN”
The built-environment industry has been going through a steady transformation in recent years in a bid to improve productivity, reduce costs, improve safety, and create better jobs. These efforts are part of the Building and Construction Authority’s (BCA) Construction Industry Transformation Map with digitalisation as its key plank. Continue reading “GOING DIGITAL & BEYOND: Asia’s construction firms embrace artificial intelligence and virtual reality”
The Australian Renewable Energy Agency (ARENA) will provide $3 million for a feasibility study for a 4MW/50MWh fully dispatchable solar hydro power plant.
Melbourne start-up RayGen will develop the plant, which will be built in Carwarp near Mildura. Continue reading “$3 million energy technology investment for Victoria”
It will help lay new foundations for businesses and societies post-pandemic.
As countries start to think about what work looks like post the pandemic, we can look at what this means for businesses. While every industry and business is different, there are several commonalities that present themselves to organizations of all sizes. Continue reading “It will require a lot of Tech to re: ADJUST Now”
The National Oceanic and Atmospheric Administration reported that 2017 was the most expensive year on record for disasters in the U.S., estimating $306 billion in total damage. The FBI also reported 2017 as having the most incidents and the most people killed in any one year by active shooters.
With this rise in crises across the United States, data and technology have an increasingly important role in improving emergency management departments across the country. Approximately 240 million calls are made to 911 in the United States each year, with at least 80 percent coming from wireless devices, yet many emergency management systems still operate on legacy systems made for wireline phones. As a result, people in need are unable to easily share precise locations or send media messages to responders, making emergency communication and resource coordination more costly and difficult.Continue reading “The Emerging Technologies that can bring Immense Advantage & Improve Emergency Management”
The logic of the argument is simple. How chief data officers are central to the success of organisations, as for the future of the CDO: a position on the board will await man.
In a funny way, CDOs and gardeners are quite similar. At least we were left with that impression. It’s about data. Companies are realising that they must either become a disruptor or find a way to deal with disruption. EMEA and Latin America for Continue reading “The future of the CDO: Chief Data Officers need to sit near the top”
It is reported that James Dyson built 5127 unsuccessful prototypes of his vacuum cleaner before hitting the jackpot. A good idea, patience, persistence and lots of experiments definitely paid off. Experimentation should be considered as an integral part of the innovation process. Successful innovation is almost impossible without it. Through experimentation you can identify flaws within your idea early on, it helps to lower the risk of failure and you gain a lot of vital knowledge about your product or service you are about to launch. You could choose simple, small-scale experiments, or complex, big-scale ones. Either way, you should go for the experimentation that suits you best, and that is in line with the goals within your innovation process.Continue reading “Experimentation as an integral part of every Innovation Process”
As businesses today continue to harness the power of globalization to expand performance, the role of effectively sourcing goods and services from suppliers has become inevitable. Additionally, procurement is transforming into a more strategic function that is aligned to organizational goals and objectives. Furthermore, issues like economic and political volatility, technological disruption, etc. have rendered market a fierce competition. Hence, it is important for organizations to adopt effective strategic sourcing skills and processes to maximize their business performance and efficiency to gain a competitive advantage over their peers.
WHAT IS STRATEGIC SOURCING? Continue reading “UNDERSTANDING THE WHAT, WHY, & HOW OF STRATEGIC SOURCING”
India’s strength lies in its large population, growing economy, pace of digital adoption and core tech competencies supported by a robust tech ecosystem, and a burgeoning innovation and entrepreneurship environment.
India is transforming. Technology has been the key cause of this tectonic shift across critical sectors like healthcare, education, agriculture, manufacturing and retail, with an explosion of smart and connected devices, robust applications and use cases. This is being powered by a surge in data-centric innovations that harness the power of data through leading technology solutions based on compute, storage and memory. There are tremendous opportunities to leverage the power of technology to enrich the lives of people, optimise businesses and boost a country’s progress.Continue reading “Data-centric innovation and digitalisation will catalyse India’s growth”
Put together the best solar panels money can buy, super-efficient batteries and decades of car-making know-how and, theoretically, a vehicle might run forever.
That’s the audacious motivation behind a project by Toyota Motor Corp., Continue reading “Toyota & a Car that can run Forever”
On Sep. 25 at the United Nations General Assembly, the United Nations (UN) Secretary General António Guterres spotlighted, “Rapidly developing fields such as artificial intelligence, blockchain and biotechnology have the potential to turbocharge progress towards the Sustainable Development Goals. Artificial Intelligence is connecting people across languages and supporting doctors in making better diagnoses. Driverless vehicles will revolutionize transportation. But there are also risks and serious dangers.” Continue reading “Accelerating the face of AI with 3 Global Initiatives”
Agility is vital to keep every business up and running. Procurement is one of the functions, which requires constant change. Today, procurement teams are expected to play a strategic and tech-enabled role. Before, procurement teams had two focuses: cost reduction and risk mitigation. The advent of automation and cloud services has led to more emphasis on efficiency, accessibility, and sustainability of purchasing decisions.Continue reading “Five Technologies for a MORE AGILE Procurement Process”
Which is why having the right individual and team matters most in such interactions
Like many other issues, the falling standards of customer service are a concern for all. These days quality customer service is indeed a rare phenomenon that we experience. Continue reading “Good customer service comes naturally”
Pure banks may have an edge, but tech giants will not shy away from an entry.
Much has been written about digital banks and how they intend to transform banking. It is has been said that starting with current accounts for millennials, digital banks will slowly move up the value chain with cross-sell and other services.Continue reading “Digital banking is yet to throw up clear winners, and that means opportunity”
IoT-driven agriculture could help farmers produce more high-quality food than traditional agriculture to meet the world’s growing food demand and nutritional needs.
The Internet of Things (IoT) has generated a lot of attention over the years, and for good reason. In today’s digitized age, IoT technology is helping many industries improve their operations. Even agriculture is starting to embrace IoT connectivity. Global food demand is growing, and traditional agriculture simply can’t produce enough food to meet the world’s nutritional needs. To save future generations from hunger and malnutrition, farmers will need to deploy more innovative techniques to increase their yields.
IoT & Big Data in Agriculture
This is where IoT technology steps in to give a helping hand Continue reading “IoT Technology Is Transforming the Agricultural Sector as We Know It”
In today’s digital economy, companies are increasingly recognizing the importance of delivering an experience that makes them stand out from their competition.
According to The Vertical Markets Survey 2018-2019, 46% of European companies ranked customer experience as their top business priority for this year.
There is significant opportunity to disrupt Continue reading “Winning the Customer’s Heart — Building New Business Models”
A world technology leader, Russia is finding synergies with Southeast Asia start-ups.
For decades, Russia has been at the forefront of the world’s technological innovation. From creating one of Europe’s first universally programmable computer and pioneering the first supersonic passenger jet, the Tupolev Tu-144, to – who can forget? – laying down the gauntlet in the space race via cosmonaut Yuri Gagarin’s feat of being the first human in space to orbit the Earth.Continue reading “Russian Innovation New Wave Bringing Advantage to Southeast Asia”
Cloud technology has proven to be just as popular and effective in Australia as it has across the globe, according to new analysis from Deloitte Access Economics. According to the firm’s calculations, the integration of cloud technology within operations across Australia has boosted the economy’s productivity by nearly $9.5 billion over the last half a decade.
Not only has cloud adoption enhanced key areas of business Continue reading “Australia’s cloud market booms as productivity benefits unfold”
Have you already hopped on the bandwagon to a circular economy?
If not, what are you waiting for?
Rising issues of pollution, environmental change and scarce resources are just some of the reasons to start thinking about shifting your business to a more efficient, sustainable and eco-friendly one. One of the main and crucial positions in the entire transitional process are innovative solutions which will enable the transition from a linear economy we are all used to, to a circular one. This shift will open up opportunities for your business on so many levels so, instead of resisting the change, start thinking about how you can innovate your way through it.Continue reading “The Circular Economy – closing the loop with Innovative Solutions”
When faced with a fundamental challenge to their core beliefs, humans go on the offensive
Artificial intelligence is everywhere. It helps drive your car, recognises your face at the airport’s immigration checkpoint, interprets your CT scans, reads your resume, traces your interactions on social media, and even vacuums your carpet.
As AI encroaches on every aspect of our lives, people watch with a mixture of fascination, bewilderment, and fear.
AI’s overthrow of humanity is a familiar trope in popular culture, from Isaac Asimov’s ‘I, Robot’ to the ‘Terminator’ movies and ‘The Matrix.’ Some scholars express similar concerns. Continue reading “The REAL Reason We Are AFRAID of ROBOTS”