Invest, Prepare, and Collaborate – or Disconnect the Internet and Move back to 8” Floppy Disks

Unlike the US nuclear arsenal, which is still operated using 8” floppy disks (original 2014 story is here), all modern corporations rely on the Internet, websites and social media.  And while the 1970s technology makes that arsenal safe from hackers, today’s connected enterprises face ever growing diversity of digital risks, ranging from being held hostage […]

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2014 Business Tech Trends report: Insurance trails other industries, needs to catch up

IBM recently released a study titled “The 2014 Business Tech Trends Report”, which surveyed over 1,400 decision makers across 15 industries and 9 countries to find out what the adoption, investment, and skill trends were for cloud, big data and analytics, mobile and social (CAMS) technologies. While the insurance industry came out on par with […]

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A generational gap (vividly illustrated by Uber?)

Recently I had a privilege to speak to a group of life insurance leaders and industry analysts on the topic of “becoming digital insurer.”  The “cambrian explosion” of technologies we’re living in leads to disrupting value chains and rapidly shifting customer preferences, so my thesis was that insurers need to prepare themselves for a continued […]

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