A Reference Architecture for Digitalization in the Pharmaceutical Industry - Alina Chircu, Bentley University; Levent Sözer, Capgemini Germany; Eldar Sultanow, Capgemini Germany
INFORMATIK 2017
47. Jahrestagung der Gesellschaft für Informatik e.V. (GI) | 25.-29.9.2017 | Chemnitz
Workshop Enterprise Architecture Management in Forschung und Praxis
The customer journey could essentially be divided into 7 elements. We’ll touch upon the issue of ‘Privacy’ and how one balance social and commercial value. Practical examples of
customer analytics at its best will be discussed as well as the importance of the eco-system.
Our Industry X.0 demonstrations at Hannover Messe 2019 will showcase a five-step journey showing how our IX0 framework enables the transformation of entire industries, brought to life by real industry examples. Learn more.
Accenture Cloud Platform: Control, Manage and Govern the Enterprise Cloudaccenture
The Accenture Cloud Platform is a multi-cloud management platform that enables organizations to manage all of their enterprise cloud
resources—public and private—and automate and accelerate solution delivery.
The customer journey could essentially be divided into 7 elements. We’ll touch upon the issue of ‘Privacy’ and how one balance social and commercial value. Practical examples of
customer analytics at its best will be discussed as well as the importance of the eco-system.
Our Industry X.0 demonstrations at Hannover Messe 2019 will showcase a five-step journey showing how our IX0 framework enables the transformation of entire industries, brought to life by real industry examples. Learn more.
Accenture Cloud Platform: Control, Manage and Govern the Enterprise Cloudaccenture
The Accenture Cloud Platform is a multi-cloud management platform that enables organizations to manage all of their enterprise cloud
resources—public and private—and automate and accelerate solution delivery.
Sokszor találkozol a digital thread kifejezéssel, de nem tudod hogy pontosan micsoda? Kíváncsi lenné rá, hogyan használják a cégek? Olvasd el prezentációnkat, amit előadtunk az idei Simonyi Konferencián!
The Accenture Life Sciences practice helps companies pivot to the patient for best outcomes. See how we can help you. Visit https://accntu.re/2l5mUGu to learn more.
Emerging Trends in Hybrid-Cloud & Multi-Cloud StrategiesChaitanya Atreya
As Cloud Computing rapidly evolves, newer deployment strategies such as Hybrid-Cloud, Multi-Cloud and On-Prem Cloud are emerging. More and more enterprise solution providers are offering support for a combination of these deployment targets. It is imperative that the larger organizations have a clear Hybrid-Cloud and Multi-Cloud strategy to avoid cloud lock-in and to de-risk business decisions.
What do each of these terminologies mean? What is the scope of each and overlap if any? We will discuss the emerging best-practices across these interdisciplinary trends, especially in the context of Modern Data and Analytics Platforms and Enterprise Self-Service.
Enterprise resource planning, Evolution, Importance, Advantage for BusinessPraveen Venugopal
ENTERPRISE RESOURCE PLANNING (ERP)
(ERP) is a process by which a company (often a manufacturer) manages and integrates the important parts of its business. An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance, human resources, etc.
Most likely, your organisation is not in the business of running data centers, yet a significant amount of time and money is spent doing just that. AWS provides a way to acquire and use infrastructure on-demand, so that you pay only for what you consume. This puts more money back into the business, so that you can innovate more, expand faster, and be better-positioned to take advantage of new opportunities.
Speaker: Mario Vlachakis, Senior Solutions Architect, AWS
How to Make Data and Analytics Central to Your Finance Digital Transformation...Workday, Inc.
Data—you have tons of it, but are you making the most of it?
View this slide deck with KPMG and Coleman Worldwide to learn how you can take control of your data with Workday to safeguard the bottom line and understand opportunities for finance and IT to partner.
For asset-intensive organizations, mobility continues to drive significant productivity gains, improve worker effectiveness and safety, and eliminate errors by capturing data directly from the work source.
Visit our web site to learn how enterprise asset management can help you transform your maintenance and asset management practices using IoT data, weather data and powerful, cognitive analytics. https://www.ibm.com/us-en/marketplace/maximo
Accenture’s Global Operations is transforming the core of how operational services are being delivered. By applying new technologies, partnered with Accenture’s global resources, we are working with clients to help them achieve their R&D goals faster, cheaper, better. Visit https://accntu.re/30wesTV to learn more.
Building Reference Architectures for the Industrial IoTCapgemini
Building Reference Architectures for the Industrial IoT - Alina Chircu, Bentley University; Eldar Sultanow, Capgemini Germany
Workshop on Smart Manufacturing in Aerospace and Automotive Industries
AIS Special Interest Group for Big Data Application in Processes (SIGBD), AMCIS 2017, Boston, USA
Defining a Digitalization Reference Architecture for the Pharma IndustryCapgemini
The rapid pace of technological advancement and an increasingly volatile business environment causes pharma industry players to face three main challenges. The first
challenge is to develop the critical ability to create and maintain a common view on the big picture of the organization’s architecture and environment. Linked to this is the challenge of making it decisible, which actions must be taken on strategical, business and technological level. The last challenge consists in identifying/considering the best
architectural approach and solution on a fine-grained level. This may include answer on question such as “Which approach we choose to implement a read replica in the cloud
(transactional replication using publish-subscribe between relational database systems, stream into a Redis Cache, …)?”
We develop a digitalization RA for pharma industry and incorporate three main areas, Internet of Things (IoT), Cognitive Computing (CC), and Augmented Reality (AR).
Digitalization is horizontally divisible into four sequentially arranged domains that can be understood as the stages of digitalization: Tag, Sense and Wire (1), Ingest (2), Analyze and Prepare (3), and Utilize (4). Technology components may be used across different industries. Applications developed and running in different industries may both interact or be integrated with each other and exchange data through these
industry-specific applications (cool chain monitoring while transportation, healthcare research data for public, origination & distribution information for authorities). For this reason, our frame possesses a third dimension: connected industries (in pharma these include transportation & logistics and the public sector). This approach generates a big picture that transparently illustrates the pharma RA for digitalization including its stages, architecture layers and connections between building blocks across organizational boundaries and different industries.
Author of paper and presentation: Eldar Sultanow, Carsten Brockmann, Levent Sözer, Capgemini Germany
Sokszor találkozol a digital thread kifejezéssel, de nem tudod hogy pontosan micsoda? Kíváncsi lenné rá, hogyan használják a cégek? Olvasd el prezentációnkat, amit előadtunk az idei Simonyi Konferencián!
The Accenture Life Sciences practice helps companies pivot to the patient for best outcomes. See how we can help you. Visit https://accntu.re/2l5mUGu to learn more.
Emerging Trends in Hybrid-Cloud & Multi-Cloud StrategiesChaitanya Atreya
As Cloud Computing rapidly evolves, newer deployment strategies such as Hybrid-Cloud, Multi-Cloud and On-Prem Cloud are emerging. More and more enterprise solution providers are offering support for a combination of these deployment targets. It is imperative that the larger organizations have a clear Hybrid-Cloud and Multi-Cloud strategy to avoid cloud lock-in and to de-risk business decisions.
What do each of these terminologies mean? What is the scope of each and overlap if any? We will discuss the emerging best-practices across these interdisciplinary trends, especially in the context of Modern Data and Analytics Platforms and Enterprise Self-Service.
Enterprise resource planning, Evolution, Importance, Advantage for BusinessPraveen Venugopal
ENTERPRISE RESOURCE PLANNING (ERP)
(ERP) is a process by which a company (often a manufacturer) manages and integrates the important parts of its business. An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance, human resources, etc.
Most likely, your organisation is not in the business of running data centers, yet a significant amount of time and money is spent doing just that. AWS provides a way to acquire and use infrastructure on-demand, so that you pay only for what you consume. This puts more money back into the business, so that you can innovate more, expand faster, and be better-positioned to take advantage of new opportunities.
Speaker: Mario Vlachakis, Senior Solutions Architect, AWS
How to Make Data and Analytics Central to Your Finance Digital Transformation...Workday, Inc.
Data—you have tons of it, but are you making the most of it?
View this slide deck with KPMG and Coleman Worldwide to learn how you can take control of your data with Workday to safeguard the bottom line and understand opportunities for finance and IT to partner.
For asset-intensive organizations, mobility continues to drive significant productivity gains, improve worker effectiveness and safety, and eliminate errors by capturing data directly from the work source.
Visit our web site to learn how enterprise asset management can help you transform your maintenance and asset management practices using IoT data, weather data and powerful, cognitive analytics. https://www.ibm.com/us-en/marketplace/maximo
Accenture’s Global Operations is transforming the core of how operational services are being delivered. By applying new technologies, partnered with Accenture’s global resources, we are working with clients to help them achieve their R&D goals faster, cheaper, better. Visit https://accntu.re/30wesTV to learn more.
Building Reference Architectures for the Industrial IoTCapgemini
Building Reference Architectures for the Industrial IoT - Alina Chircu, Bentley University; Eldar Sultanow, Capgemini Germany
Workshop on Smart Manufacturing in Aerospace and Automotive Industries
AIS Special Interest Group for Big Data Application in Processes (SIGBD), AMCIS 2017, Boston, USA
Defining a Digitalization Reference Architecture for the Pharma IndustryCapgemini
The rapid pace of technological advancement and an increasingly volatile business environment causes pharma industry players to face three main challenges. The first
challenge is to develop the critical ability to create and maintain a common view on the big picture of the organization’s architecture and environment. Linked to this is the challenge of making it decisible, which actions must be taken on strategical, business and technological level. The last challenge consists in identifying/considering the best
architectural approach and solution on a fine-grained level. This may include answer on question such as “Which approach we choose to implement a read replica in the cloud
(transactional replication using publish-subscribe between relational database systems, stream into a Redis Cache, …)?”
We develop a digitalization RA for pharma industry and incorporate three main areas, Internet of Things (IoT), Cognitive Computing (CC), and Augmented Reality (AR).
Digitalization is horizontally divisible into four sequentially arranged domains that can be understood as the stages of digitalization: Tag, Sense and Wire (1), Ingest (2), Analyze and Prepare (3), and Utilize (4). Technology components may be used across different industries. Applications developed and running in different industries may both interact or be integrated with each other and exchange data through these
industry-specific applications (cool chain monitoring while transportation, healthcare research data for public, origination & distribution information for authorities). For this reason, our frame possesses a third dimension: connected industries (in pharma these include transportation & logistics and the public sector). This approach generates a big picture that transparently illustrates the pharma RA for digitalization including its stages, architecture layers and connections between building blocks across organizational boundaries and different industries.
Author of paper and presentation: Eldar Sultanow, Carsten Brockmann, Levent Sözer, Capgemini Germany
Grid Analytics Europe 2016: "Open for Business", April 2016OMNETRIC
Presentation by Franz Winterauer at Grid Analytics Europe 2016 for the Analytics Technology Innovation Panel – learning from the application of advanced and open-source analytics technologies and tools in the large-scale implementation of utility grid analytics programmes.
Catalysing Innovation in Pharma IT: Keeping AstraZeneca Ahead of Disruptive T...Nick Brown
Presentation by Rob Hernandez (senior data scientist) in my team at 14th Annual Pharmaceutical IT Congress in London on September 28th 2016 . Brief overview about how our world and more specifically the pharmaceutical industry is being disrupted by technology. We share some emerging technology areas that we are focusing on, demonstrating value to our R&D, Operations and Commercial teams but also how we catalyse innovation across our IT organisation. Examples include exploratory work on AI chatbots, video facial sentiment detection, scientific search and sensor technology.
Sensors For The Lab & For Manufacturing: Early Adventures in IoTNick Brown
Marc Harrigan (senior business analyst) from my team presented at IoT World Dublin on November 21st 2016. He talks about our approach to understanding how IoT and sensors are changing our business, how it fits with our work in the Tech Labs for validating and prototyping emerging technologies. He also shares how it is an key enabler for future areas in machine learning and predictive analytics for pharmaceutical research, development and manufacturing.
A Platter of Insights on Navigating IoT TrendsTechugo
Savor a comprehensive platter of insights into navigating IoT trends. Explore the dynamic landscape of Internet of Things technology, from smart devices to data analytics. Elevate your understanding of how IoT innovations are reshaping industries, optimizing operations, and offering unparalleled connectivity, setting the stage for a future powered by seamless digital integration.
By bringing together the IoT with IBM Watson
™
cognitive computing
technologies, we’re infusing a new kind of thinking into objects,
systems and processes. Watson technology understands, reasons
and learns. It communicates in natural, human terms. It understands
context and nuance, enabling it to not only uncover new insights
but also unearth entirely new pathways to explore and possibilities
to imagine
How Big Data can drive innovative technologies and new approaches in large or...Nick Brown
Presentation by Nick Brown at Big Data in Paris on 8th March 2016. Overview about how we have developed a big data engine around search and unstructured content (with Sinequa) and how this has lead to innovating with mobility, user experience and digital health initiatives. Also provides access to our PitchIT open innovation site.
This presentation is used for FDP, Faculty Development Program conducted by Lendi Institute of Engineering and Technology. Few of the diagrams are taken from internet and the respective owners have every right on those images. They can be removed, on any objection raised by the respective owners.
Internet of Industrial Things Presentation - Sophie Peachey - IoT Midlands Me...WMG, University of Warwick
Sophie Peachey, Director of Innovation & Insight at Axillium Research Ltd discusses a new funding opportunity through the Advanced Manufacturing Supply Chain Initiative in the area of the Internet of Things.
Fraunhofer – SINTEF: towards an initiative on Data Sovereignty in EuropeThorsten Huelsmann
Fraunhofer and SINTEF jointed Industrial Data Space Association in early 2016. Industrial Data Space stands for safer data exchange between companies where the producer of data remains the owner of the data and maintains sovereignty over the use of that data.
IDS Association aims to define the conditions and governance for a reference architecture and interfaces aiming at international standards.
This standard is actively developed and updated on the basis of use cases. It forms the basis for a number of certified software solutions and business models, the development of which is fostered by the association.
Thorsten Huelsmann and Ernst H. Kristiansen talked on this topic during the German-Norwegian Dialogue on Bilateral and
European Cooperation , September 29 2016 at Berlin.
Adopting the #IOT in any industry including gyms, fitness facilities and health clubs requires strategy, a road map and a execution. The ROI and other benefits to the customer a huge.
Internet of Things: From Strategy to Action: Driving IoT to Industrial ScaleCognizant
Full IoT value cannot be realized by connecting a few devices. Organizations need to get beyond instrumentation, and focus on the impact these technologies can have on their business strategies, which will require leadership, vision and partnership.
Digital transformation in the manufacturing industryBenji Harrison
Industry 4.0 is here. It is all about the fourth industrial revolution which is all set to transform the manufacturing process using advanced capabilities and IT solutions for manufacturing such as smart sensors and actuators. As a result, manufacturers are gaining benefits from increased visibility into operations, cost minimization, quicker production times and provide excellent customer support. The only way manufacturers can take a leap ahead of competitors and win market share and embrace the latest in growth-driven Industry 4.0 technologies. Right from Enterprise Mobility Solutions to emerging technologies, digital transformation is critical to building and executing growth strategies for manufacturing.
COVID-19 heightened chronic challenges within the global healthcare industry. It became a catalyst amid fierce competition and tight regulations for health providers and payers to focus on digital health, cybersecurity, patient data transparency, and a variety of customer-centric and operational enhancements. As a result, we found the 2022 trendline pointing to improvements in access and quality of care.
Healthcare challenges such as optimizing the cost of care while simultaneously enabling personalized interventions and consumer-friendly shoppable services are long-standing − but, historically, the industry has been slow to react.
Read our Top Trends 2022 report to examine the lingering ramifications of the pandemic, responses from medical and insurance organizations, and the worldwide impact of ever-changing regulatory standards and mandates.
A combination of factors − the pandemic, catastrophic weather events, evolving policyholder expectations, and insurers’ drive for operational efficiency and future relevance − are sparking P&C industry changes.
In a post-COVID, new-normal environment, the most strategic insurers are building resilient, crisis-proof enterprises poised to take advantage of emerging and future business opportunities. They are leveraging advanced data analytics and novel technologies to assure agility and achieve positive revenue and customer satisfaction outcomes. Competitive advantage will hinge on accelerated digitalization and faster go-to-market. Therefore, win-win partnerships and embedded services with InsurTechs and other ecosystem players are critical.
Read Capgemini’s Top P&C Insurance Trends 2022 for a glimpse at the tactical and strategic initiatives carriers are undertaking to boost customer-centricity, product agility, intelligent processes, and an open ecosystem to ensure profitable growth and future-readiness.
This analysis provides an overview of the top trends in the commercial banking sector as they shift to technology high gear to boost client efficiency and battle a volatile, uncertain, competitive, and evolving landscape.
First, it was retail banking. Now, advanced technology is shifting to – and disrupting − the commercial banking space. Many commercial banks, known for paperwork, red tape, and branch dependency, were unprepared to support clients during their post-COVID-19 ramp-up. But now, the digital pivot to new mindsets, partnerships, and processes is in overdrive.
As commercial banks grapple with competition from FinTechs, BigTechs, and alternative lenders, their inability
to fulfill SME demands and pandemic after-shocks necessitates transformative process changes and a move
to experiential, sustainable, and inclusive banking models. We expect banks to strive to meet the demands
of corporate clients and SMEs by digitally transforming critical workflows and improving client experience.
Additionally, incremental process improvements in the middle and back-office that leverage intelligent
automation will keep the competition at bay because engaged clients are loyal.
Adopting newer methods to mine data and moving to as-a-Service models will prepare commercial banks
to flexibly respond to newcomers and find ways to co-exist through effective collaboration. The time has come for commercial banks to put transformation on the fast track as lending losses in wallet and market share could spill over to other functions!
How incumbents react and respond to 2022 trends could determine their relevancy and resiliency in the years ahead.
The Covid-19 pandemic necessitated the payments industry undergo a facelift, sparked by novel approaches from new-age players, fostered by industry consolidation, and customers’ demand for end-to-end experience. Crossing the threshold, the industry is entering a new era – Payments 4.X, where payments are embedded and invisible, and an enabling function to provide frictionless customer experience. As customers make a permanent shift to next-gen payment methods, Digital IDs are critical for a seamless payment experience. The B2B payments segment is witnessing rapid digitization. BigTechs, PayTechs, and industry newcomers are ready to jump in with newfangled solutions to help underserved small to medium-sized businesses (SMBs).
As incumbents struggle with profits, new-age firms are forging ahead to take the lead in the Payments 4.X era by riding the success of non-card products and services. The new era demands collaboration, platformification, and firms can unleash full market potential only by embracing API-based business models and open ecosystems. Data prowess and enhanced payment processing capabilities are inevitable to thrive ahead. The clock is ticking for banks and traditional payments firms because the competitive advantage is not guaranteed forever. As industry players seek economies of scale, consolidations loom, and non-banks explore new territories to threaten incumbents’ market share. While all these 2022 trends are at play, central bank digital currency (CBDC) is emerging globally and might open a new chapter in the current payments landscape.
As we slowly move out of the pandemic, financial services firms have learned the criticality of virtual engagement to business resilience. Wealth management firms will need capabilities to cater to new-age clients and deliver new-age services. This report aims to understand and analyze the top trends in the Wealth Management industry this year and beyond.
A year ago, our Top Trends in Wealth Management report emphasized how the pandemic sparked disruption and digital transformation and changing investor attitudes around Environmental, Social, and Corporate Governance (ESG) products. As we begin 2022, many of those trends continue to hold as COVID-19’s wide-reaching effects continue to influence the wealth management industry.
As wealth management (WM) firms supercharge their digital transformation journeys, investments in cybersecurity and human-centered design are becoming critical to building superior digital client experience (CX). Another holdover trend − sustainable investing – is gaining mainstream attention and generating increasingly sophisticated client demands. Data and analytics capabilities will become ever more essential for ESG scoring and personalized customer engagement. As large financial services firms refocus on their wealth management business while new digital players make industry strides, competition is becoming historically intense. Not surprisingly, client experience is the new battleground.
This analysis provides an overview of the top trends in the retail banking sector driven by the competition, digital transformation, and innovation led by retail banks exploring novel ways to create and retain value in evolving landscape.
COVID-19 caught banks off guard and shook legacy mindsets to the core. With 20/20 (2020) hindsight, firms are more aware, digitally resilient, and financially stable as they head into 2022. The trials of the past 18 months forced firms to shore up existing business and consider new models and revenue streams.
Customer-centricity remains at the top of most FS agendas and is a 2022 focal point. Banks will focus on achieving operational excellence as diligently as delivering superior CX. In 2022 and beyond, it will be paramount for FIs to explore and invest in new technologies to remain relevant and resilient.
Banking 4.X will arrive in full force in 2022 with platform-supported firms monetizing diverse ecosystem capabilities and aggressively harvesting data to create experiential customer journeys through intelligent and personalized engagements. The new era will compel future-focused banks to finally abandon legacy infrastructure and collaborate with third-party specialists to solidify their best-fit, long-term roles. Increasingly, open platforms will make banks invisible as banking becomes embedded into customer lifestyles. At the same time, banks will shed asset-heavy models and shift to the cloud for greater agility, speed to market, and faster innovation. The shift will act as a precursor to adopting new technologies on the horizon – 5G and Decentralized Finance.
The recent past was filled will extraordinary lessons for financial institutions. Now is the time to act on those learnings and move forward profitably.
While COVID-19 has sparked the demand for life insurance, it has also exposed the operating model vulnerabilities in distribution, servicing, and customer retention. In a post-COVID, new-normal environment, insurers need to enhance their capabilities around advanced data management and focus on seamless and secure data sharing to provide superior CX and hyper-personalized offerings. Accelerated digitalization and faster go-to-market are vital to remaining competitive, and win-win partnerships with ecosystems are critical in the journey.
Read our Top Life Insurance Trends 2022 to explore the tactical and strategic initiatives carriers undertake to acquire competencies around customer centricity, product agility, intelligent processes, and an open ecosystem to ensure profitable growth and future readiness.
Property & Casualty Insurance Top Trends 2021Capgemini
The Property & Casualty insurance landscape is evolving quickly with the changing risk landscape, entry of new players, and changing customer expectations. The ripple effects of COVID-19 on the P&C insurance industry and natural disasters such as forest fires have adversely impacted insurance firm books.
In this scenario, to ensure growth and future-readiness, the most strategic insurers strive to be ‘Inventive Insurers’ – assuming a customer-centric approach, deploying intelligent processes, practicing business resilience and go-to-market agility, and embracing an open ecosystem.
Read our Property & Casualty Insurance Top Trends 2021 report to explore the strategies insurers are adapting to remain competitive amidst the evolving business landscape and how they can explore new ways to enhance their profitability.
A combination of factors such as demographic changes, evolving consumer preferences, and desire to become operationally efficient were already spurring changes in the life insurance industry. Enter 2020 – the COVID-19 pandemic is having a significant impact on the industry.
At the peak of disruption, the focus was on ensuring business continuity, but new initiatives are cropping up to tackle the challenges as the industry is adapting to the new normal.
Furthermore, COVID-19 has acted as a catalyst, pushing life insurers to prioritize their efforts on improving customer centricity, developing go-to-market agility, making processes intelligent, building business resilience, and embracing the open ecosystem.
Read our Life Insurance Top Trends 2021 report to explore the strategies insurers are adopting to manage the changing market dynamics.
The uncertainty of 2020 is setting the global tone for the immediate future in the financial services industry. So it is no surprise banks are laser-focused on business resilience, emphasizing both financial and operational risks. The need to adapt quickly to new normal conditions through virtual customer engagement is clear.
Customer centricity continues to drive commercial banks’ solution designs. And, the pandemic compelled products that deliver immediate client value ‒ quick digital onboarding, seamless lending, and support for small and medium-sized enterprises (SMEs). The onus is now on banks to go to market more quickly, which requires the implementation of intelligent processes and integrating corporates’ enterprise resource planning (ERP) systems with banking workflows.
To achieve go-to-market agility, banks across the globe are investing in and collaborating with FinTechs. Many of these partnerships are focused on boosting digital lending and providing seamless support to anxious small-business clients in need of assurance.
With newfound impetus for FinTech collaboration, commercial banks have picked up their step on the path toward OpenX. COVID-19 made it evident that survival during turbulence is manageable through collaboration with ecosystem players.
Read our Top Trends in Commercial Banking 2021 report to explore the strategies banks are adapting to transform their businesses from a product-led, siloed model to an experiential and agile plan.
When we published the Top Trends in Wealth Management 2020, little did we foresee the pandemic that would sweep through the world and disrupt life as we knew it. Yet, when we reviewed last year’s trends, we found that many still hold and some have taken on even greater relevance. One such trend is sustainable investing, which had begun to gain prominence as investors became more aware of ESG considerations, and firms rolled out more sustainable investing offerings. Another trend that has accelerated in the post-COVID world is the importance of investing in omnichannel capabilities and technologies such as artificial intelligence (AI) to enhance personalization and advisor effectiveness. The pandemic has driven wealth management firms to accelerate their digital transformation journey, with some immediate focus areas being interactive client communications and digital advisor tools.
There is no denying that time is of the essence. Yes, budgets are tight, but the Open X ecosystem offers wealth management firms opportunities to reimagine their operating models and deliver excellent customer experience cost-effectively.
Top trends in Payments: 2020 highlighted the payments industry’s flux driven by new trends in technology adoption, innovative solutions, and changing consumer behavior. The pandemic has tested the digital mastery of players, who are already grappling with transition. Non-cash transactions are on a robust growth path, accelerated by increased adoption during COVID-19. Regulators are working to instill trust and address non-cash payments risk amid unparalleled growth as players collaborate to quell uncertainty. Regional initiatives, such as the P27 (Nordics real-time payments system) and the EPI (European Payments Initiative), are gaining traction in response to country-level fragmentation and competition.
Investment in emerging technologies is looked upon as an elixir to mitigate fraud, data-driven offerings are being considered for providing value-added propositions, and distributed ledger technology is in focus for digital currency solutions, efficiency enhancement, and cost gains. New players, such as retailers/merchants, are integrating payments into their value chains while technology giants are upscaling their financial services game by weaving offerings around payments as a center stage. Constrained by budgets, firms consider business models such as Platform-as-a-Service (PaaS) to provide cost-effective and superior customer experience.
A combination of factors, including demographic changes, evolving consumer preferences, and regulatory and compliance mandates, were already spurring change in the health insurance industry. Enter 2020 and the COVID-19 pandemic, which is having sweeping implications for the industry.
At the peak of disruption, the focus was on ensuring business continuity, but new initiatives are cropping up to tackle the challenges as the industry adapts to the new normal.
Furthermore, some changes are here to stay, and it will be prudent for the industry players to be resilient to the market shifts by being agile, improving member centricity, making processes intelligent, and embracing the open ecosystem.
Read our Health Insurance Top Trends 2021 report to explore the strategies insurers are adopting to manage the external pressures.
The banking industry’s resilience is being tested as banks navigate through a remarkable 2020 filled with uncertainties. The impact of COVID-19 has been about setting the tone for future operational models. Retail banks have shifted focus towards integrated risk management with a more holistic view of operational risks. Adapting to the new normal, banks have prioritized cost transformation while engaging customers virtually. Incumbents sought to be more responsible within fast-changing environmental conditions and ESG remained a critical focus.
To provide more experiential services, banks are leveraging techniques such as segment-of-one to hyper-personalize offerings while aiming to humanize digital channels for increased engagement. Banks are also revamping middle and back offices, going beyond the front end leveraging intelligent processes. Open X is enabling banks to play on their strengths and use the expertise of ecosystem players. Going forward, banks are poised to become an enhanced one-stop shop by providing consumers value-adding FS and non-FS experiences.
To acquire customers in cost-effective manner, retail banks are tapping value-based propositions ‒ such as POS financing and mortgage refinancing. Further, Banking-as-Service provides incumbents a way to provide their high-value offerings to other players. In preparation for the future, banks will be looking to improve their go-to-market agility by leveraging the benefits of cloud. This analysis outlines the top 10 trends in retail banking for 2021.
Explore how Capgemini’s Connected autonomous planning fine-tunes Consumer Products Company’s operations for manufacturing, transport, procurement, and virtually every other aspect of the supply-value network in a touchless, autonomous way.
Financial services is undergoing a paradigm shift that is forcing incumbent retail banks to rethink growth strategies as they struggle to remain relevant. Growing competition from BigTechs, FinTech firms, and challenger banks has added to the complexity created by increasingly stringent regulatory and compliance requirements. Customers now expect a seamless customer journey and personalized offerings because they have become accustomed to top-notch individualized service from GAFA giants Google, Apple, Facebook, and Amazon. The changing ecosystem offers established banks new, unexplored opportunities and encourages a transition beyond traditional products to meet the exacting requirements of today’s customers. Bank collaboration with FinTech and RegTech partners is becoming commonplace. Incumbents are exploring point-of-sale financing and unsecured consumer lending, while they also boost their digital channel competencies to reach a broader customer base. Banks are beginning to accept open APIs and are working with third-party specialists to create an open shared marketplace. Technological advancements such as AI are fueling efforts to evolve customer onboarding and touchpoint processes. Increasingly, banks are turning to design thinking methodology to understand the customer journey, extract deep insights, and develop a more refined user experience across the customer lifecycle.
Our analysis of the top retail banking trends for 2020 offers a glimpse into the fast-changing banking ecosystem and explores the tools and solutions being used to face new-age challenges.
Aspects of the life insurance industry have remained constant for years – and so have premiums. Traditional savings products have taken a huge hit in terms of attractiveness because low interest-rates prevail. Meanwhile, the risk landscape is shifting, and insurers need to align better with the emerging business environment, manage changing customer preferences, and improve operational efficiencies. Within today’s scenario, industry players are undertaking tactical and strategic shifts in attempts to manage unpredictable market dynamics. Insurers must develop alternative products to breathe new life into policies and leverage emerging technologies (artificial intelligence (AI), analytics, and blockchain) to improve efficiency, agility, flexibility, and customer-centricity.
Read Top Trends in Life Insurance: 2020 for a look at the innovative steps future-focused insurers are considering to meet industry challenges and opportunities.
The health insurance industry is evolving and undergoing significant changes. As the risk landscape shifts, insurers are working to improve operational efficiencies, meet evolving customer preferences, and align better with the changing business environment. Accordingly, payers must adapt and align business models and offerings. An incisive tactical approach is required to accommodate members’ needs and related emerging risks — medical, health, and environmental. Advanced technologies such as artificial intelligence, analytics, automation, and connected devices are enabling insurers to manage these changes proactively, partner with members, and help to prevent risks, all the while continuing to fulfill payer responsibilities.
Read Top Trends in Health Insurance: 2020 to learn which strategies insurers are adopting to navigate and align with today’s challenges.
Similar to other financial services domains, payments is evolving into an open ecosystem. The EU’s Payment Services Directive (PSD2) pioneered open banking by encouraging banks and established payments players to securely open the systems to foster competition, innovation, and more customer choices. In tandem with non-cash transaction growth, regulations are driving banks and payments firms to expand their array of payment methods and channels. Governments are encouraging financial inclusion by also promoting the adoption of non-cash payments. Increasingly, merchants and corporates seek to offer alternative payment systems because of widespread popularity among consumers. Alternative payments also enable merchants to provide real-time and cross-border payments to boost business efficiency.
Banks, payment firms, card firms, BigTechs, FinTechs, and other players are continuously developing new technology to cash in on market changes. However, data breaches and fraud continue to hinder innovation as firms devote countless resources each year to address security issues. Many governments are also designing new regulations to reduce ecosystem threats. All these measures are expected to make the current ecosystem much more secure and simple for players as well as customers.
Top Trends in Payments: 2020 explores and analyzes payments ecosystem initiatives and solutions for this year and beyond
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
PHP Frameworks: I want to break free (IPC Berlin 2024)Ralf Eggert
In this presentation, we examine the challenges and limitations of relying too heavily on PHP frameworks in web development. We discuss the history of PHP and its frameworks to understand how this dependence has evolved. The focus will be on providing concrete tips and strategies to reduce reliance on these frameworks, based on real-world examples and practical considerations. The goal is to equip developers with the skills and knowledge to create more flexible and future-proof web applications. We'll explore the importance of maintaining autonomy in a rapidly changing tech landscape and how to make informed decisions in PHP development.
This talk is aimed at encouraging a more independent approach to using PHP frameworks, moving towards a more flexible and future-proof approach to PHP development.
PHP Frameworks: I want to break free (IPC Berlin 2024)
A Reference Architecture for Digitalization in the Pharmaceutical Industry
1. A Reference Architecture for Digitalization
in the Pharmaceutical Industry
INFORMATIK 2017
47. Jahrestagung der Gesellschaft für Informatik e.V. (GI) | 25.-29.9.2017 | Chemnitz
Workshop Enterprise Architecture Management in Forschung und Praxis
Alina Chircu, Bentley University
Levent Sözer, Capgemini Germany
Eldar Sultanow, Capgemini Germany