The digital healthcare market is expected to touch $206 billion by 2020, as a joint study by SAP and Oxford Economics concluded that nearly 70% healthcare companies are planning to digitally transform their operations, while nearly 61% believe that this will increase patient satisfaction. Most healthcare providers today have strong plans for digital transformation, and their efforts are changing the way they deliver healthcare through new and innovative methods. Hospitals today deliver ambulatory, inpatient, outpatient and day surgery services; patient record access; and telemedicine in different ways through their revamped processes and technology-enabled execution. Even as the providers are creating …

Cybercrime groups keep up with their diligent efforts to infiltrate financial institutions and the trend has refused to change in 2018, as they adopted new techniques and expanded their areas of attack to a more extensive geography. Here’s a recap of 2018: With the arrest of cyber criminals likeCarbanak/Cobalt andFin7, among others in 2018, some companies and financial institutions around the world expected a cessation in activities. But, it only seems to have split these groups into smaller cells, each with its own life. Attempts were made on banks, fintech companies, crypto-exchanges, PoS terminals, ATMs, and in terms of geography, …

The pace of change in the insurance industry is more rapid than in most, and is impacted by the new business models, customer behaviors, distribution mechanisms and new technologies. Insurers are constantly revising the way they function, as they strive to stay one step ahead of their competition, through ongoing strategic re-evaluation and re-orientation. Insurers today find that their customers are quite accustomed to online retail shopping and expect the same levels of convenient digital distribution and seamless, tailored experience from insurers, across their devices, including tablets and mobiles. This is causing a shift in insurance value models and preventative …

Businesses, big and small, are relying on the use of ‘big data’ for managing a variety of processes and operations. Capturing masses of user data needs to be followed by structuring it and applying algorithms to derive strategic insights. The ‘Big Data’ dream today is all about prescriptive and predictive analytics. Businesses need to what data to collect, because all data may not prove actionable. Collecting the right data, discarding the waste which cannot improve one’s business processes or opportunities, using thoughtfully constructed and expertly designed analyses which assist in decision making are all essential to realize business value from …

Digital transformation, in the context of a business, happens when it fully leverages a mix of digital technologies to transform its activities, processes, competencies and models, keeping both present and future shifts in mind. The question we want to answer here is whether DevOps and Cloud are essential to such a transformation, and if so – why? Let’s first consider DevOps and what it signifies for your digital transformation efforts. DevOps is also a fairly new concept to most people. DevOps is gaining in importance as most software companies are providing the software as a service, and operating their product …