PwC and Microsoft lead discussion on complexities and innovations in the banking industry
PAC recently had the opportunity to attend the 2023 PwC and Microsoft Banking Horizons Summit in London. As the event focused on the banking industry, those in attendance spanned the major banking institutions covering various industry segments and backgrounds.
Trends in the Austrian insurance market
The Austrian insurance market is an important consumer of software and IT services. PAC currently observes two major trends in the Austrian insurance market: embedded insurance and sustainability.
Industrial metaverse - from industrial IoT to holistic digital twins of operations (2023 Prediction #10)
The metaverse currently stands for the vision of a digital universe with many different virtual worlds where people can “live” an immersive, real-time experience. To bring this visionary topic down to earth, we have chosen a more basic definition: a holistic virtual environment that allows humans to interact in real time with simulated ...
Recent trends in AI adoption by German banks
Interest in artificial intelligence (AI) has been steadily increasing across the banking sector in Germany. This is due to the fact that with the help of machine learning (ML), standardized and repetitive processes in particular can be automated to increase efficiency. Virtual assistants and smart language recognition solutions are other ...
The enabling technologies behind digital innovation - II
The role of the cloud
Organizations from all sectors are gearing up for their digital future. And they are doing so by investing massively in data-centric and eco-system-oriented platforms. And most of these developments are taking place in a public cloud. Among the surveyed organizations, no more than 25% does not yet use public cloud ...
Goals, drivers, and obstacles of digital innovation - I
What makes decision-makers invest in transformation and innovation, even in uncertain times?
The pandemic has highlighted the growing importance of digitalization. Companies with a highly digitized business model were the winners during the crisis, whereas more traditional organizations had to react quickly and had to transform themselves ...
Le numérique, principal moyen d’optimiser les coûts du secteur des transports
Dans l'ensemble, la pandémie a frappé plus durement le secteur des transports que la plupart des autres secteurs.
Adjusted market scenarios
We have just started publishing adjusted market scenarios, which reflect the current market situation in May 2022. In the end, we maintain our overall growth scenario for 2022 for the time being. However, we have made slight adjustments in some industries and countries, and we will closely monitor the situation and make further adjustments ...
Crealogix – a digital engagement software provider from Zurich
With fintechs and digital banks (e.g. N26, Klarna, Revolut, etc.) gaining in influence, traditional banks are faced with the ongoing threat of losing customers, in particular younger customers, to their digital counterparts. As a result, established banks are keen to digitally transform, implementing digital services and features that help ...
Impressions from AWS re:Invent 2020 - Part 1: “the right tool for the right job“
Many things were different this year at AWS’ global customer event. It was extended from one to three weeks, with five key notes and more than 500 technical sessions. And instead of hosting 65,000 attendees onsite in Las Vegas as last year, AWS welcomed over 500,000 registered attendees at their virtual event.
But many things also felt ...
BCW 2019: Welcome to the Economy of Things
The key focus of the Bosch Connected World (BCW) conference, which took place in Berlin from May 15-16, 2019, was the constant evolution of IoT – the foundation of which was the spreading and integration of new technologies (sensors, connectivity, software, cloud). One example in this context are IoT platforms, which evolved to a central ...
Der deutsche Mittelstand rüstet sich für komplexere IoT-Einsatzszenarien
Das Internet der Dinge ist ohne Zweifel eines der wichtigsten Themen der Digitalisierungswelle. Dank neuer Möglichkeiten zur Vernetzung und Datenverarbeitung sowie der Verbreitung von Cloud Computing ist IoT insbesondere für den Mittelstand attraktiv und zugänglich geworden. Das birgt viel Potenzial. Allerdings bekommt der Mittelstand auch ...
teknowlogy´s top IT trends for 2019 – 10/10 Distributed ledger technology
Blockchain technology has made tremendous progress over the past year. This includes, for example, new Enterprise Ethereum Alliance specifications that open up blockchain for corporate use and promote interoperability between different blockchain protocols...
Les 10 concepts qui feront buzzer l'IT en 2019
2019 sera l’année où l’on se pose les questions fondamentales. Au sens propre, d'ailleurs : quelles sont les fondations nécessaires pour mettre en œuvre de façon pérenne les programmes de transformation numérique ?
