Business Knowledge for IT

This community aims to provide links, resources, book suggestions, tips and insights to facilitate learning and development of IT professionals in financial services, and to develop a forum for IT professionals to exchange views on various related items.

Ivan Kot Solution Consultant at Itransition

Software Outsourcing for Startups: A Guide to Fruitful Partnerships

Technology remains a lucrative business even in the times of a worldwide economic recession and uncertainty. Gartner projects the global IT spending to slide only by 8% in 2020 and recover slowly but steadily over the next year, and certain segments, such as remote working software and cloud services, will see an increase in spending. Also, due to...

17 November 2020 /people /startups

Yaroslav Kuflinski AI/ML Observer at Iflexion

4 steps to a successful data-driven cultural shift

Lavish amounts of data, competitors’ pressure and immense opportunities of data-driven business applications made companies heavily invest in data science initiatives. With many reputable software vendors and data science experts on the market, the transformation shouldn’t be that difficult, right? Unfortunately for many ambitious business leader...

16 November 2020 /people /startups

Yaroslav Kuflinski AI/ML Observer at Iflexion

Is Your Data Ready for AI?

We’ve already figured out that AI has an immense potential to enhance business processes of many kinds in almost any industry imaginable. AI is poised to redefine conventional business models, enhance productivity, and drive value overall. When deploying it, companies tend to stick to a traditional scenario: first, outline an elaborate strategy, t...

29 October 2020 /devops /startups

Yaroslav Kuflinski AI/ML Observer at Iflexion

Facial Recognition for Business: Applications and Adoption Pitfalls

Each time you recognize someone’s face, you’re using an internal form of facial recognition. In a matter of milliseconds, your mind breaks down the parts of their face, puts them back together, and matches the sum with those faces already stored in your memory. When the process works seamlessly, you don’t even realize it’s happening. While you may...

19 October 2020 /security /devops

Saurabha Sahu Senior Solution Consultant at Wipro Limited

What Augmented Reality and Virtual Reality brings for Business ?

The new edge customers are always looking for something more from the technology that they use. Augmented Reality is a promising technology which is intended to provide not only a comfort but also a greater user experience. Augmented reality (AR) is not just a dreamy technology tool of future, but also a thrive for other disruptive technology tools...

30 September 2020 /inclusion /markets

Urvish Macwan Team Leader at Hyperlink Infosystem

Why Connection Is Important For Mobile App Developers And The Sales Team?

Whatever the technique has been adopted to do the mechanism, it must be understood by others easily. Thus following this route, even while creating a strategy for social media marketing, one must plan to create an engagement method from the customer side without knowing them. Thus to do him you must focus on research areas, especially competitor a...

22 June 2020 /devops

Retired Member 

Coronavirus Infects Commodity Markets

Nothing demonstrates the volatility of commodity markets better than the title of this blog. In just a few days, the virus went from a serious problem in China to a global health emergency impacting more than a dozen countries. As the coronavirus spreads, there is a cascading effect that runs through commodity markets, disrupting commodity tradin...

27 February 2020 /markets

Retired Member 

Due Diligence 2.O: How Vendor Risk Assessment Will Evolve

Increasing focus on vendor due diligence has put significant pressure on financial institutions and vendors alike. The challenge comes into focus when we think about the macro implications. There are an estimated 20,000 financial services institutions trying to qualify some 20,000 vendors using questionnaires that can have hundreds of questions....

02 December 2019 /regulation

Retired Member 

Shadow IT - Is it Good or Bad Cholesterol?

“Shadow IT” remains one of the most hotly debated topics in technology. Is it okay for the business to directly consume technology services outside of Technology organization? The answer is nuanced. It can be good, it can be bad and it can be both, similar to how there are both Good and Bad Cholesterol levels. We have to acknowledge that businesse...

04 October 2019

Yahya Mohamed Mao Head of Business Development & Marketing at Swiss GRC

Cloud Computing - The Basics

Cloud computing is undoubtly the promise of having a modern and state-of-the-art IT infrastructure without the need for substantial capital investments and personnel increases. The possibility of improving your business is something which is appealing to every decision maker across the globe. The year 2000 will always be remembered as the milenium ...

25 September 2019 /cloud