Tag: IT business digital transformation

This is a customer post written by the engineers from German startup Baqend and the AWS EMEA Prototyping Labs team. Baqend is one of the fastest-growing software as a service (SaaS) startups in Germany, serving over 5,000 business customers with more than 100 million monthly users and $2 billion EUR revenue per year.Baqend’s main product is a one-click solution to accelerate ecommerce websites called Speed Kit. By rerouting a portion of the web traffic through Speed Kit’s caching infrastructure, it achieves a typical performance boost between 1.5–3 times faster.

In this article, I will discuss the next generation of IT infrastructure and software – what I call highly intelligent products. This evolution marries the advancements in AIOps and IoT, allowing businesses to considerably reduce IT costs while improving application uptime – two goals that are often at odds with each other.

How does a mere idea change to an unstoppable force? There is a “moment” of realization. That moment is the point at which the idea is so clearly communicated, and the value of it so easily visualized for people that everyone “gets it.” For some, the path to this moment of enlightenment can be a relatively straight line.

As cognitive capabilities move into the mainstream, finance leaders ought to work with their technology counterparts to reexamine their business models. Enterprise finance leaders should be giving serious thought to how AI could reshape their business models.

If you work in the B2B space, you have almost certainly encountered the term “servitisation”. Across industries ranging from aviation to telecommunications, B2B companies are supplementing (in some cases, replacing) conventional product sales with services and solutions.

Cloud computing technology and internet of Things concept,Big data and connection technology getty It was nearly a decade ago that Fortune 1000 companies began to embrace Big Data, and within a few years, embrace AI as well. About this time, beginning in 2012, NewVantage Partner began to track the progress of these efforts, as leading companies sought to undertake data-transformation efforts with the objective of becoming more data-driven in their business decision making.

Digital masters cultivate two capabilities: digital capability, which enables them to use innovative technologies to improve elements of the business, and leadership capability, which enables them to envision and drive organizational change in systematic and profitable ways.