This document provides a summary of a presentation for Capgemini Architect on 2013-10-03 about automation, analytics, cloud computing, event processing, social media, machine data, and enterprise service buses. Key topics discussed include understanding historical data, anticipating real-time events, and acting on analytics models. Examples are provided on using these technologies for log file management, analytics, and real-time applications.
Jump on board! Modern tools for the digitalisation of fleet and maintenance m...Railnova
The advancing digitalisation in the railway sector poses both the challenge and the opportunity for railway companies to increase their fleet availability, to reduce operating costs and to adapt their existing processes to remain competitive in the long term. Discover how SBB Cargo, VTG and RTB Cargo benefit from digitalising their monitoring, operational and maintenance processes.
Jump on board! Modern tools for the digitalisation of fleet and maintenance m...Railnova
The advancing digitalisation in the railway sector poses both the challenge and the opportunity for railway companies to increase their fleet availability, to reduce operating costs and to adapt their existing processes to remain competitive in the long term. Discover how SBB Cargo, VTG and RTB Cargo benefit from digitalising their monitoring, operational and maintenance processes.
Urban transport networks are gradually making the switch to electric vehicles, which raises the question of charging. Charging one bus is easy. But what about charging 20, or 50, or 200? The Cway bus fleet charging system has been designed to meet this need.
www.mobility-way.com
Simulation Based Assignment in PTV Visum - TRB 2017Michael Oliver
A brief introduction to the new Simulation-Based dynamic Assignment (SBA) released in PTV Visum 16, as presented at the Virginia and Washington DC Joint SimCap Meeting, TRB 2017.
Presentation given by Thomas Kruse, City of Utrecht, at Open & Agile Smart Cities' annual Connected Smart Cities & Communities Conference 2020 on 23 January in Brussels, Belgium.
Does Railway Asset Data create more problems that it solves?Railnova
Fleet Managers and Maintenance teams can be overwhelmed by asset condition monitoring projects.
New IoT data sources are cause for anxiety to organisations: do I have the expertise to analyse the data? Do I have the internal organisation to act on the data? Do I need to invest in several new technologies and their integration? Do I know what problem I want to solve?
The journey from accessing proprietary data on the train, transforming it into actionable diagnostics and triggering work orders and mobile interventions is full of barriers and many projects fail to deliver value.
In this talk we will share our journey to unlock asset value, the hurdles we see the Industry is facing, and the best-practises our Clients followed to achieve success in their asset condition monitoring projects.
FME and Business Intelligence: Visualization of Electricity ConsumptionSafe Software
An electricity company gets periodically electricity consumption reports in Excel sheets out of their system. The monthly reports contain electricity consumption of each district of Helsinki. FME provided an easy way to process the Excel data automatically, merge it with city district geometries and visualize the data with charts and pie charts in PDF files based on different criteria. Thus the users get an access to the PDF files, and can see, how the electricity consumption behaves.
In many countries, cities are expanding in terms of size, number residents and visitors, etc. The resulting increase in concentration of people, with their mobility needs, causes major traffic and transportation problems in and around our cities. Next to the economic impacts due to delay and unreliability of travel time, concerns regarding safety and security, emissions and sustainability become more and more urgent.
ITS (Intelligent Transportation Systems) hold the potential to reduce these issues. In the past decade, we have been more and more successful in making better use of the available infrastructure by using traditional ITS measures. As we will show in this talk, key to this success has been in achieving a profound understanding of what are the key phenomena that characterise network traffic flows, and designing solutions that capitalise on this.
The playing field is however rapidly changing. For one, we see a transition from road-side to in-car technology in terms of sensing and actuation. This provides great opportunities, but making best use of these is not trivial and requires a paradigm shift in the way we think about managing traffic flows where collaboration between the old stakeholders (e.g. road authorities) and the new stakeholders (e.g. companies like Google, and TomTom) becomes increasingly important. This will be illustrated in this talk by some examples showing how we can put the transition to in-car traffic management to use, both in terms of making optimal use of the new data sources and the use of the car as an actuator.
With respect to the latter, we will see that even for low penetration levels, which will occur in the transition phase towards a more highly automated traffic stream, considerable impacts can be achieved if we adequately consider the non-automated vehicles. Furthermore, it requires vehicles to be able to communicate and cooperate with each other.
These two elements are two of the five steps that was identified in the transition towards a fully automated system.
The final part of the talk will deal with the other steps that are deemed important to understand which of the scenarios in a urban self-driving future will unfold. These pertain to the interaction between man and machine, the need and willingness to invest in separate infrastructure in city, and whether automated car can co-exist with other (active) travel modes. With respect to the latter, we will also consider what ITS can mean for the other modes of travel.
Urban transport networks are gradually making the switch to electric vehicles, which raises the question of charging. Charging one bus is easy. But what about charging 20, or 50, or 200? The Cway bus fleet charging system has been designed to meet this need.
www.mobility-way.com
Simulation Based Assignment in PTV Visum - TRB 2017Michael Oliver
A brief introduction to the new Simulation-Based dynamic Assignment (SBA) released in PTV Visum 16, as presented at the Virginia and Washington DC Joint SimCap Meeting, TRB 2017.
Presentation given by Thomas Kruse, City of Utrecht, at Open & Agile Smart Cities' annual Connected Smart Cities & Communities Conference 2020 on 23 January in Brussels, Belgium.
Does Railway Asset Data create more problems that it solves?Railnova
Fleet Managers and Maintenance teams can be overwhelmed by asset condition monitoring projects.
New IoT data sources are cause for anxiety to organisations: do I have the expertise to analyse the data? Do I have the internal organisation to act on the data? Do I need to invest in several new technologies and their integration? Do I know what problem I want to solve?
The journey from accessing proprietary data on the train, transforming it into actionable diagnostics and triggering work orders and mobile interventions is full of barriers and many projects fail to deliver value.
In this talk we will share our journey to unlock asset value, the hurdles we see the Industry is facing, and the best-practises our Clients followed to achieve success in their asset condition monitoring projects.
FME and Business Intelligence: Visualization of Electricity ConsumptionSafe Software
An electricity company gets periodically electricity consumption reports in Excel sheets out of their system. The monthly reports contain electricity consumption of each district of Helsinki. FME provided an easy way to process the Excel data automatically, merge it with city district geometries and visualize the data with charts and pie charts in PDF files based on different criteria. Thus the users get an access to the PDF files, and can see, how the electricity consumption behaves.
In many countries, cities are expanding in terms of size, number residents and visitors, etc. The resulting increase in concentration of people, with their mobility needs, causes major traffic and transportation problems in and around our cities. Next to the economic impacts due to delay and unreliability of travel time, concerns regarding safety and security, emissions and sustainability become more and more urgent.
ITS (Intelligent Transportation Systems) hold the potential to reduce these issues. In the past decade, we have been more and more successful in making better use of the available infrastructure by using traditional ITS measures. As we will show in this talk, key to this success has been in achieving a profound understanding of what are the key phenomena that characterise network traffic flows, and designing solutions that capitalise on this.
The playing field is however rapidly changing. For one, we see a transition from road-side to in-car technology in terms of sensing and actuation. This provides great opportunities, but making best use of these is not trivial and requires a paradigm shift in the way we think about managing traffic flows where collaboration between the old stakeholders (e.g. road authorities) and the new stakeholders (e.g. companies like Google, and TomTom) becomes increasingly important. This will be illustrated in this talk by some examples showing how we can put the transition to in-car traffic management to use, both in terms of making optimal use of the new data sources and the use of the car as an actuator.
With respect to the latter, we will see that even for low penetration levels, which will occur in the transition phase towards a more highly automated traffic stream, considerable impacts can be achieved if we adequately consider the non-automated vehicles. Furthermore, it requires vehicles to be able to communicate and cooperate with each other.
These two elements are two of the five steps that was identified in the transition towards a fully automated system.
The final part of the talk will deal with the other steps that are deemed important to understand which of the scenarios in a urban self-driving future will unfold. These pertain to the interaction between man and machine, the need and willingness to invest in separate infrastructure in city, and whether automated car can co-exist with other (active) travel modes. With respect to the latter, we will also consider what ITS can mean for the other modes of travel.
Transport for London: Using data to keep London movingWSO2
This talk was presented by Sriskandarajah Suhothayan (WSO2) and Roland Major (Transport for London) at the Strata Data Conference in London, May 23 2017.
Transport for London (TfL) uses a wide range of data for operational purposes, but the underlying data is typically held in multiple disconnected systems. Freedom of Information requests have helped prove the value of sharing this data. TfL is embarking on a journey to make more of this data open and available in real time.
TfL and WSO2 have been working together on broader integration projects. Roland Major and Sriskandarajah Suhothayan share the evolving big data and IoT architectures and services TfL is building to pull together these diverse datasets to better support operational teams and accelerate the identification and classification of disruption to improve response times for incidents. In particular, they explore WSO2’s solution, which emerged from the Data in Motion hackathon organized by TfL, AWS, and Geovation. The solution innovates TfL’s heterogeneous data sources through the combination of the TfL Unified API and its operational data sources, including traffic sensor, air quality, and passenger flow data, to provide better travel time and transit suggestions for Londoners and tourists using the WSO2 Data Analytics Server, WSO2 Complex Event Processor, and WSO2 API Manager, bringing together IoT and big data techniques to feed a real-time dashboard of current and predicted transport network status.
Data for New Technologies to Shape The Future of Transport by David Pickeral from the IBM Industry Smarter Solutions Team. Presented at Transforming Transportation 2014 co-organized by EMBARQ and The World Bank.
Achieving complete information governance at Belgian RailwaysStephane Haelterman
Informative session to learn how Belgian Railways developed a holistic and complete strategy for Enterprise Information Management and to integrate all unstructured information with the strucutured information across their SAP business applications and associated business processes.This holistic EIM strategy includes financial business processes as well as technical business processes. Understand implementation methodolgy, approach, the solutions and ROI achieved to reduce outage time of trains (Costs), accuracy of drawings and valid working procedures (Safety), and traceability (Compliance) of their maintenance work.
The use of traffic data, acquired and transmitted in real time, is important for motorway traffic management. During the European LIFE+ project BrennerLEC different data streams converging on ODH were used for traffic flow management.
We present a method for calculating the optimal motorway speed based on real-time measured data. On the basis of the vehicle flow and the transit speed measured at high frequency (1 minute), an algorithm was developed based on the concept of a "state machine", which in real time calculates the optimal transit speed. This information can be immediately communicated to drivers via variable message signs. The optimal speed is the one that avoids or reduces traffic jams and ensures maximum flow of a road section.
Furthermore, Autostrada del Brennero intends to further invest in the digitalisation of its mobility management system and a data hub available for both on-board and centralised software applications opens the way to further implementation of services for users.
Geolocation movement monitoring for Europorte - Eurailmag March 2012Railnova
To up its performance, Europorte, the rail freight branch of Groupe Eurotunnel, is tracking the movements, and behaviour, of its locomotives more closely. With GPS beacons now installed, the operator is also looking to benefit further by improving traffic efficiency, enhancing safety, and optimising resource management.
How can Open Data Revolutionise your Rail Travel?theODI
Friday Lunchtime Lectures at the Open Data Institute. For our fourth lecture... How can open data revolutionise your rail travel? The release of open data on public transport over the last year has laid bare the the secrets of cheap fares, true timekeeping records and the best alternative routes the official journey planners don't tell you. Jonathan Raper, digital geographer and founder of Placr, will draw back the curtain on this new era and reveal how you can make the most of it.
A Tech-driven Engineering Case on the Current Trends in the Transportation Domain as well as some of the State-of-the-art Principles that can be applied to enhance the Current Transportation System.
FDOT Transportation Symposium presentation for connected and autonomous technology in highway work zones. Presented by Acey Roberts and Glenn Havinoviski, Wantman Group 1/19/21
Intelligent Infrastructure for Next-Generation Rail SystemsCognizant
With the rail segment of the transportation system poised for rapid growth, we offer assessment and implementation plans for intelligent infrastructure for rail systems so that rail companies can better manage their rolling stock. Our system shows the evolution of rail system control architecture from managed to utilized to optimized and covers monitoring, analysis, alerts, maintenance and integration.
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
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
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Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
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Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
6. • 50 million people affected
• Nuclear power plants in New York and Ohio shut down
• Air traffic was slowed as flights were halted
Remember This? Enterprise 2.0
7. • 3.7B passengers per year
• 412M tons of freight per year
• 2011 Revenue 37.9B Euros
• 295.000 Employees
8. • 3.7B passengers per year
• 412M tons of freight per year
• 2011 Revenue 37.9B Euros
• 295.000 Employees
Challenge
• Outdated & costly IT landscape hamperd the need of business tranformation
- They needed to increase the performance of IT
• Lacking full control of railway assets due to asset data residing
in disparate inventory systems. Discrapencies in asset data between silos causing
costly and inneficient maintenane of railway assets.
• The process of reserving tracks for operators is runned in several systems causing a
complex and inneficient booking process for operators incl huge amount of manual work.
TIBCO solutions
• ESB & AAM
Estimated results
• An integrated inventory system allowing a 360 degree veiw of the asset data
• Track railway assets from engineering, procurement through deployment,
maintenance, repair to retirement
• Link existing asset systems through MDM into a single asset view
• Link critical data such as location, maintenance history and usage to real-time
events and use predictive models to identify patterns about the condition of their
assets that could signal potential faults, identifying them before they cause
problems.
• Minimize delays and enable efficient incident management
• Improve key operational metrics such as capacity utilization by construction of
models that reveal actionable insights
• Send passengers instant alerts about potential delays and missed connections.
• Improved quality and service to operators lowering manual work and increasing effiency
9. National railway company of Switzerland headquartered in Bern will complete
111 years in Jan 2013…
… Revenues CHF 8B and total assets worth 35B CHF
30,000 employees
Passenger traffic, Freight traffic (SBB Cargo AG), Infrastructure,
Real estate, Core services (finances, personnel)
Punctuality (2009): 87% of all trains with less than 3 minutes of delay
10. TIBCO as a basics of the “Rail Control
System”
How does TIBCO enables railroads
manage that network in real-time?
11. Tibco RendezvousRCS Server
Massive async. Messaging
Train
Positions
10000-50000
msg/s (Tibco TMA)
500-1200 Msg/s 60-100 Msg/s
perClient
Through the async. Messaging push mechanism, with RCS also over a wide
area network a nearly unlimited number of clients can be served.
12. • Pinpoint train locations correctly is key !
• => Reduced train delays and introduction
of more trains to the network.
• =>Estimated annual savings of three to
five million Swiss francs from
reduced staffing .
Benefits:
16. Union Pacific Railroad
COMPLEX EVENT PROCESSING
AND REAL-TIME MONITORING• 8000 locomotives and 300 000 cars
• Freight over 23 states - >32000 miles of track
• Sensors, heat-sensing detectors, GPS
• no correlation of data into real-time business
overview of each train (load, destination, speed).
• No insight in workflow to trigger on arrival
(25000 industrial customers)
• Less than 50% of network schedule achieved
• Track velocity = 17 mph. Goal = 20 mph
(1 mph = $10M in savings, on bottom line, each month)
• Crews being bussed to their trains = $380M cost
17. Union Pacific Railroad
COMPLEX EVENT PROCESSING
AND REAL-TIME MONITORINGTIBCO CEP enables Union Pacific to
• Get a complete business view of each train – in realtime
• To plot the location, assess the speed and determine
the destination
• To spot deviations from schedule and trigger a
process for revising the schedule and changing
ETA.
• ”Best sense of position” will allow each train to
automatically report most accurate ETA and trigger
workflows that starts on arrival
• 16% in velocity gains resulting in $120M in savings per year
• Raising customer commitments by 8%