Harnessing the Data Advantage
As organisations grapple with an increasingly uncertain and volatile business environment, a more innovative and adaptive approach to risk management is essential. Traditional methods, with manual processes and static models, may fall short when confronting contemporary challenges. Businesses can enhance risk management efficiency by embracing advanced analytics and data-driven strategies – transforming risk management into a competitive advantage.
Cybercrime represents the greatest transfer of wealth in history
Cybercrime represents the greatest transfer of economic wealth in history. It will cost companies worldwide an estimated $10.5 trillion annually by 2025, up from $3 trillion in 2015; at a growth rate of 15% year-over-year according to research by Cybersecurity Ventures.Banking, manufacturing, professional services, and federal governments are the four industries that will account for more than one-third of all security spending this year.
The Power of Shared Data
Organisations today face a multitude of risks that can impact their operations, reputation, and bottom line. Navigating these challenges requires companies to adopt dynamic risk governance strategies that continuously adapt to changing conditions. One of the key components of effective risk governance is shared data, which allows organisations to make informed decisions and respond quickly to emerging threats.
The Rising Significance of Sustainability in Business
In an increasingly eco-conscious world, businesses must recognise the importance of sustainability in their operations. Companies that integrate sustainability into their strategies can reap numerous benefits, such as an enhanced competitive advantage, improved innovation, and long-term profitability.Adopting sustainable practices is no longer optional.
7 Reasons for Choosing a Business Management Degree
If you wish to advance your career as an aspiring business leader or entrepreneur, choosing a Business Management Program can be an excellent approach to getting the knowledge and skills you need to thrive in today’s competitive business world. Planning, organizing, and analyzing are just a few topics covered in these courses, which aim to […]
Mastering Database: A Comprehensive Guide for Beginners
Since 1960, databases have come a long way. Recently, due to the advent of the internet and also the need for extensive storage and speed, cloud databases and self-driving databases have begun to break new ground. With the popularity of data-driven decision-making, more tech graduates have been learning data science to enter the job market. […]
An Era of Silicon-Free Computing
Computing is onetechnology that civilization can no longer do without. It has enriched our lives in innumerable ways, and significantly influenced the future. However, as computing requirements have become more and more complex, higher and even higher processing capacities have been in demand.New technologies are being explored as silicon-based chips approach the limits of scalability.
OPEC production cuts to spur cleantech
The Organization of the Petroleum Exporting Countries and allied producers (OPEC+) surprised the market by announcing a major cut in their oil production starting May this year. Saudi Arabia and others will cut 1.16 million barrels per day (bpd), joining Russia’s current cut of 500,000bpd. The cuts are set to last through the end of this year, barring future adjustments.The decision by OPEC+has major political and economic dimensions – and consequences. Clean-tech investments, however, display robust growth.
Will ChatGPT wed Quantum Computing?
ChatGPT keeps getting more refined as more and more people use it across the world. Within its short life of just a few months, it is already posed to bring about a paradigm shift across industries by replacing all sorts of human roles. Developers are constantly looking for options that would enhance both its speed and accuracy. Harnessing the power of Quantum Computing to ChatGPT could be one marriage that holds immense promise for the future of Generative AI.
The dirty secret of Generative AI – massive carbon footprint
The race to build high-performance, AI-powered search engines is likely to require a dramatic rise in computing power, and with it a massive increase in the amount of energy that tech companies require and the amount of carbon they emit. Every new chatbot and image generator requires a lot of electricity, which means technology is responsible for massive global warming.