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Why Technology Partnerships Are Crucial for Financial Services Institution Compliance

It’s an industry that’s been a little more reluctant than most to shift its infrastructure and computing needs to the cloud, but it’s an inevitable transition that the financial services sector must embrace. After all, the raft of benefits cloud computing platforms afford organizations is undeniable – agility, scalability, on demand compute power, competitive pricing models, the list goes on – yet there was always two closely-associated factors that prevented financial services and baking institutions from jumping on board: security and compliance. However, while naysayers were saying it would never happen and that banks would never entrust their precious data to public cloud providers, many institutions were already experimenting with cloud technologies – even if they weren’t actively announcing it. The turning point, so to speak, where the world was put on notice as to just how pivotal the cloud could be for the financial services industry, came when Capital…

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Do Our Smartphones Make Us More or Less Collaborative?

Today, the immense popularity and pervasiveness of smartphones is undeniable. According to Ericsson’s latest annual Mobility Report, there are more than 3.8 Billion smartphones in use around the world today – and that figure is expected to top 6.8 billion by 2020! We’re living in an age where being constantly connected is the norm, so is it any wonder that “smombies” (smartphone zombies) – people who walk along with their eyes glued to their smartphones – are such a common sight on our streets? The trend of talking and texting while walking has even been found to alter our gait, seeing us employ a “cautious and exaggerated stepping strategy,” according to research published recently in the journal PLOS ONE by scientists at Anglia Ruskin University. Then there’s the reality that a single modern smartphone is millions of times more powerful than all of NASA’s combined computing in 1969 – the…

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When digital meets physical

Digital transformation is like a penetrating wind reaching into all areas of commerce, business and government. If there’s any doubt about this, consider what industry analysts IDC recently said: at the end of 2017, the vast majority of the world’s largest businesses will put digital transformation at the centre of corporate strategies. I recently gave a presentation at an Institution of Civil Engineers (ICE) conference about the need for and benefits of digital transformation. ICE understands the winds of change have been blowing for some time and recently launched a digital transformation campaign. Digital transformation takes different shapes according to the industry in which it is taking place. Within civil engineering and construction, it is largely digitised engineering and the ability to monitor infrastructure so engineers can use real data to influence construction and maintenance. This is significant and the implications are tremendous. The Three Gorges Dam in China is…

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Partnering with the right web hosting provider

How should a company decide on which web hosting provider to use? Many businesses only look at the price when partnering with a website host provider, but there are other considerations that can better guide companies seeking the best provider match for their business. It is definitely not all about the price. CNET offers a few tips for picking the right one: Know your hosting needs. For example, text-only sites have different needs than video-heavy sites do. Picture what you want to do with your website now—and then form an educated conclusion on what you plan to do with it for following 12 months. Do you expect it to grow significantly? If you do expect your site to grow, find out if the web host provider can work with you to take your site to the next level. Does the provider offer options for more processing power, memory capacity, disk…

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Great British Scaleup Programme partners with Cogeco Peer 1 for infrastructure support

From digital acorns do big tech companies grow. This is one great reason why it’s an honour to be chosen as the infrastructure services partner for TechMarketView’s Great British Scaleup Programme. The programme is aimed at supporting privately held, UK tech SMEs to accelerate their growth further with the help of external investment. Cogeco Peer 1 is the first tech partner to be chosen for the programme, and we’re going to be providing insight and support around cloud, hosting, colocation, security and network and connectivity solutions. In practice, this means an initial free infrastructure assessment provided by our solution engineers and network architects. Also, advice on technology mixes that are not only the best for current operations, but also provide a platform for rapid scale up in the future. Tech start-ups are faced with many challenges ranging from finding a suitable flexible contract and office accommodation to finance and transport…

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Shock and awe: the blockchain unpacked

A book review of The Business Blockchain  There’s nothing short of a revolution happening in world of business and computing, according to author William Mougayer. “If the blockchain has not shocked you yet,” he writes in his book, The Business Blockchain, “I guarantee it will soon.” His belief is that blockchain technology is the biggest technological breakthrough since the Internet – an instrument of social and political change with the potential of disrupting everything from commerce to financial services to the exchange of ideas and information. Blockchain technology of course is best known as the underpinning of cryptocurrencies such as Bitcoin. Employing a peer-to-peer (P2P) exchange of data, a blockchain authenticates and permanently records every transaction on a distributed public ledger. It can only be sequentially updated, thereby ensuring that every single exchange of data can be continually reconciled, and cannot be erased. It is incorruptible. The essence of the…

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Artificial Intelligence: is it real?

What it means for business, government, and the individual For the very few of you who may be questioning whether Artificial Intelligence is here for real, it might be worth having a chat with Siri, Cortana, or Alexa. They’re always game for a conversation. Or at least, a command. The fact is, the field of AI has been around for decades. Today, with the continued growth of big data and the ability to quickly develop neural networks, AI is becoming more and more prevalent. And with the wider availability of toolkits, frameworks and open source data sets for software engineers, the pace of AI development keeps on accelerating. Google, Microsoft, IBM, Facebook, and many other technology leaders are all scrambling to hire the best AI talent, acquire AI start-ups, invest more heavily in AI research, and market their own flavors of AI-enhanced products and services. Two years ago, in 2015,…

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A Bitcoin Primer: What it is, and how to use it

No country issues it. No bank holds it. No institution backs it. No coins (or bills) even denote it. Bitcoin is cryptocurrency – entirely virtual, transacted almost exclusively online, it exists only in digital form, its value determined wholly by the market. Since its inception in 2009, Bitcoin has been a curiosity for many, and a mystery to many more. After all, can a currency that exists purely online even be real? The answer is yes. Yes, it can. In fact, its value is very real. It recently surged to well above $2,000 USD – more than doubling its value in one year. One financial analyst at Saxo Bank predicts its value could hit $100,000 USD in just ten years. At the same time, its value can fluctuate wildly. In May 2017, for example, it took a dive of more than $500 in just one day. So how exactly does…

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Drip? Flood? Hurricane? How much content is too much content?

For technology professionals, there’s no shortage of content online, but let’s be honest: much of it is of questionable value. The reason? It’s easy – too easy – to push content out there. The critical question is, what’s the optimal amount of content an organization needs to produce for its audience to get the desired effect? If the content is worth producing at all, it should answer a very loud “Yes!” to these four essential questions: Is it relevant? This is the most important question to ask of all. It’s absolutely critical to look at the information being sent from the perspective of the intended audience. Is it meaningful to them? For example, does it address a prevailing technology trend? Is it a new perspective on a current issue? A unique perspective on a recent event? Some piece of truly breaking news – for example, a new product release, technique,…

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Diversity can fuel the fires of continued digital innovation

I was recently invited by Westminster eForum to give a keynote presentation at their seminar: Women in the tech sector: education, company cultures and business benefits. My brief was to show that there is a commercial case for gender equality. Yes we may all agree that it is the right thing to do, but does gender equality make a business more profitable? Here is a brief summary of some of the key points that I was able to make during the presentation. I am delighted to say, the answer is yes. I’ve got the stats and my own experience as the General Manager and VP of Cogeco Peer 1 to prove it. (Which is a good job because if the answer was no, this would have been be a very short and not very popular keynote speech.) Here are 5 cold, hard, researched stats that demonstrate the ways in which…

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