economic vitality

Consensus for Business Blockchain

Hyperledger Fabric is a revolutionary blockchain-based approach to transaction processing within business network – through sharing a ledger – which improves efficiencies, reduces settlement times and increases trust within the network.  The four components of blockchain for business are shown in Figure 1; in this blog post I will focus on consensus. Figure 1: Core Components of […]

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Brexit: implications for the operation of the Customs Union

What a fortnight it has been. The outcome of the UK’s EU referendum has been to leave the EU, leading figures in the UK leave campaign have resigned and we wait to see who emerges as the new prime minister and what happens to the leader of the opposition. Those of us who work in […]

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Cities in the Cognitive Era

Improving the lives of citizens, meeting elevated demands for service, enhancing economic vitality and mitigating evolving threats are just some of the challenges government leaders face in the Data Driven Economy. While city leaders have always relied upon data to address their challenges, the emergence of the cognitive era requires that cities to continue to […]

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Cognitive Computing: Transforming Security in Cyberspace

As the world’s technology continues to rapidly advance over time, it’s clear that the reliance upon cyberspace will increase as well.  This has given rise to progressively complex cyber threats across the information processing realm – becoming increasingly more serious and frequent to every industry (40% increase in reported data breaches and incidents)  – and […]

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Big Data, Watson, and Cognitive Computing: Improving Education and Regional Competitiveness

In the United States during 2013, nearly 20% of high school seniors did not graduate – stressing the ability of regions looking to thrive and prosper via an Economic Vitality agenda.  As we have seen, societies with world class education systems produce highly skilled workforces and become attractive places for businesses looking to thrive – […]

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Government in the Cognitive Era: Improving Tax Administration and Driving Economic Vitality

It’s a common challenge confronting governments across the world: dealing with constrained budgets…and at the same time, facing increasing citizen expectations and demand for services — unfortunately, tax revenues are not keeping pace to support this economic climate. Contributing to this situation is the perpetual gap between taxes owed the government and those actually collected […]

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Which regions are benefiting from foreign investment? Find the answers here…

The world is neither flat nor round. From an economic perspective, the world is more like a Rubik’s Cube, with varying combinations of interdependent conditions and developments leading to different outcomes. Technological advances, new and emerging consumer markets, changing cost structures, and political and social upheavals are some of the dynamics that, individually or in […]

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Data Driven Government – Supporting an Economic Vitality Vision…

As discussed in IBM’s Economic Vitatlity 2.0, a wave of technology advances (cloud computing, big data and analytics, mobile and social collaboration,and the Internet of Things) are transforming organizations and societies. Government leaders must understand these trends, and work to capture their value to drive innovation and collaboration across their organizations. Dan Polino, IBM’s Global […]

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Economic Vitality: Building Regional Cohesion in EU

Since its founding act, the Treaty of Rome in 1957, the European Community has pursued a policy of economic and social cohesion among its members. Formed in the aftermath of the Second World War, the EC was built on the belief that countries that trade together become economically interdependent and thus, less likely to engage […]

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Economic Vitality: Thriving in the 4th Industrial Revolution

We are in the midst of a technology revolution that has never before been seen in our history – the 4th Industrial Revolution.  The volume of data being produced (2.5 Billion GB daily), collected and stored is accelerating at a pace that it is overwhelming to most organizations.  At the same time, breakthrough technological advancements […]

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Economic Vitality in data driven world

Data promises to be for the twenty-first century what steam power was for the eighteenth, electricity for the nineteenth and fossil fuels for twentieth – that is, the creator of enormous wealth and progress. For both cities and counties, the era of Big Data opens up significant new opportunities for economic growth and new insight. […]

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“If governments are smarter in leveraging technology and data, will that mean less government jobs?”

This was the first question posed to our closing panel by a participant in our recent Data Driven Government conference in Barcelona, Spain. So much for warming the panel up with an easy or “softball” question! Fortunately, our esteemed panel which included Ian Baker, Cameron Brooks, Jordi Puignero, Bryan Sivak, and Jo Stark was up […]

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