Fri.Apr 28, 2023

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BNY Mellon banks on AI to improve master data

CIO

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines. “It’s very purposeful because a lot of the opportunities for us around data require tight integration with our technology,” says Hirschhorn.

Banking 354
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OpenAI closes $300M share sale at $27B-29B valuation

TechCrunch

Updated to note that the Microsoft investment closed in January. The money from VCs reported here, part of a tender offer, is separate to that. OpenAI , the startup behind the widely used conversational AI model ChatGPT, has picked up new backers, TechCrunch has learned. VC firms including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global picking up new shares, according to documents seen by TechCrunch.

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Trending Sources

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How Data Privacy and Sovereignty Impact Business

CIO

More countries are adopting laws designed to protect the privacy of citizens and local entities by defining how data can be securely collected, stored, and used. Many organisations are re-evaluating how to comply with the changing geo-political landscape and privacy/security regulations, which requires defining some relevant concepts: Digital sovereignty – the ability to have full control over your own digital destiny – the data, hardware, and software that you rely on and create 1 …in other wor

Data 258
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How startups can produce social content that actually resonates

TechCrunch

Social media can be a great tool for startups to gain visibility and garner a following among investors and customers, but coming up with a winning strategy may seem like a daunting task. Each platform mandates a different strategy and comes with its own set of guidelines. More importantly, each draws an audience specific to that channel. Content that wins on Twitter may not be as successful on Instagram or TikTok.

Social 247
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Embrace AI: Make Your VoIP Service Stand Out

Dialogview is revolutionizing VoIP services with its AI-powered platform, which is now available for white labeling. Our solution autonomously resolves over 68% of customer queries in more than 40 languages, dramatically reducing your team’s workload. With advanced conversational AI, Dialogview understands customer sentiments and queries in real time, without any button presses needed by users.

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Implementing Digital Sovereignty in the Journey to Cloud

CIO

Continuing with current cloud adoption plans is a risky strategy because the challenges of managing and securing sensitive data are growing. Businesses cannot afford to maintain this status quo amid rising sovereignty concerns. Some 90% of organisations in Europe and 88% in the Middle East, Turkey, and Africa (META) now use cloud technology, which is a keystone for digital transformation – according to an IDC InfoBrief, sponsored by VMware.

Cloud 245

More Trending

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Skandia’s CIO drops ‘lift and shift’ to spur consolidation

CIO

Skandia consists of several different companies, of which insurance and banking are the two largest. The insurance business has old roots: the pension company was started as early as 1855, while the bank only started in 1994, yet it was first as a purely telephone bank. In light of this, the technical basis on which each company rests is very different.

Insurance 141
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Battle of two marketing companies

TechCrunch

It isn’t often that startup rivals battle in plain view of others, but such is the case with the mobile messaging services provider Postscript, which took to the Twitterverse earlier this month after receiving a cease-and-desist letter from competitor Attentive. Attentive’s letter was in response to a client case study that Postscript had authored and posted on its website about nutrition company BUBS Naturals, which said BUBS Naturals left Attentive for Postscript after finding its list actuall

Marketing 234
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How Can Generative AI Boost Your Customer Experience?

CIO

Data velocity – how quickly data is generated and moved – is the key to achieving any number of business outcomes. But it’s especially important in customer experience, according to IDC’s Marci Maddox, Research Vice President Digital Experience Strategies, and Aly Pinder, Research Vice President Aftermarket Services Strategies. “We’re finding that the customer experience is the first or second priority for digital leaders today,” Maddox said during a recent Foundry webinar with Pinder.

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Is First Republic just a victim of SVB’s collapse?

TechCrunch

Hello, and welcome back to Equity , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Mary Ann , Natasha and Alex were especially chattery as they waded through a busy week in tech and startups. We’re talking AI. We’re talking layoffs. And we’re talking coffee. Here’s what we got into: Three deals of the week from copyright requests around “-GPT” to Ansa, a wallet ready to make you even more l

Fintech 211
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Streamlining Database Compliance with CI/CD Integration

IT leaders know the importance of compliance at every level, but the database often gets left behind as other environments are automated for robust protection. This whitepaper emphasizes the importance of robust, auditable, and secure database change management practices for safeguarding organizational compliance. Learn how automating database compliance: Mitigates risk Protects against security vulnerabilities Helps avoid regulatory penalties Aligns database workflows with app lifecycle Turns d

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Due diligence is Ever More Critical as the Battle for Cloud Sovereignty Intensifies

CIO

The IT industry has recently seen some interesting activity from global hyperscale cloud providers surrounding their cloud sovereignty ambitions, and their scrutiny by the regulators covering some basics compliance requirements, like the European Union’s (EU) General Data Protection Regulation (GDPR). Firstly, AWS made a public pledge called the “AWS Digital Sovereignty Pledge”, consisting of a commitment to provide “the most advanced set of sovereignty controls and features available in the c

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Daily Crunch: First Republic Bank stock reaches record low as feds discuss rescue plan

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. On today’s episode of our Equity podcast, the team dives in to ponder whether First Republic’s share tumble is a victim of SVB’s collapse , or whether there’s something else in the water. It’s well worth a listen — as ever!

Banking 194
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Stay in Control of Your Data with a Secure and Compliant Sovereign Cloud

CIO

Staying in control and securing your data has never been more important. As data privacy regulations continue to evolve, businesses have had to adapt how and where they store data. The EU’s General Data Protection Regulation (GDPR) has been the most newsworthy, requiring all businesses that operate in or have customers in the EU to change how they handle personal data.

Cloud 130
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Majority of Organizations Report Benefits From Low-Code Platforms

DevOps.com

Some IT departments are feeling the strain amid recent economic downturns. 2023 has already seen a disproportionately high degree of layoffs in the tech sector. As a result, there aren’t always enough software developers available to meet the demand. This has led some organizations to turn to new ways to upkeep morale and reduce burnout, […] The post Majority of Organizations Report Benefits From Low-Code Platforms appeared first on DevOps.com.

Report 131
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How to Migrate From DataStax Enterprise to Instaclustr Managed Apache Cassandra

If you’re considering migrating from DataStax Enterprise (DSE) to open source Apache Cassandra®, our comprehensive guide is tailored for architects, engineers, and IT directors. Whether you’re motivated by cost savings, avoiding vendor lock-in, or embracing the vibrant open-source community, Apache Cassandra offers robust value. Transition seamlessly to Instaclustr Managed Cassandra with our expert insights, ensuring zero downtime during migration.

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What If Jim and Kim Answered Your Burning Questions?

Perficient

Listen up, content strategists! Want to learn about the latest digital transformation trends? Tune in to the new episode of What If? So What? as Jim and Kim answer submitted listener questions. You don’t want to miss it! We’d love to get your feedback on a “white noise” word or topic you’d like for us to cover. Send your suggestions to podcast@perficient.com.

Strategy 124
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Making Time for Strategy with Richard Medcalf

Let's Grow Leaders

If you find yourself caught in the day-to-day demands wondering how do I find time for strategy that allows me to invest in myself, be more effective, or invest in building my business, you don’t need a new productivity trick. The first step is to begin a deeper leadership journey and address four core factors – Tactics, Influence, Mindset, and Environment (T.I.M.E.).

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New Relic Report Surfaces Spike in Amazon JDK Usage

DevOps.com

An analysis of the Java applications observed by New Relic showed nearly one-third of organizations (31%) are using the Amazon Java development kit (JDK) compared to 28% using the Oracle JDK as more Java applications are built and deployed in the cloud. The report also found the number of Java applications running in containers is […] The post New Relic Report Surfaces Spike in Amazon JDK Usage appeared first on DevOps.com.

Report 110
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Leadership in a Changing Digital World: Five Mandates

IDC

IDC conducted a survey of close to 400 CEOs across the world, supplemented by a number of one-on-one interviews, and identified five mandates to help business leaders scale their digital businesses in a rapidly changing digital world. Our survey data revealed that the number one concern is the economy – economic pressures, such as inflation, [.

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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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Loosely Couple Your Schema and Keep Data Separate

DevOps.com

In software development, one of the primary goals is to write clean, maintainable and extensible code. To achieve this, developers often strive to design systems that are loosely coupled and separate concerns into smaller, more manageable components. Loose coupling refers to the practice of designing components that are not tightly dependent on one another, allowing […] The post Loosely Couple Your Schema and Keep Data Separate appeared first on DevOps.com.

Data 106
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Our top 3 takeaways from RSA Conference 2023

Lacework

RSA Conference 2023 has just concluded, with an estimated 40,000 people descending upon the Moscone Center in San Francisco. This year’s theme, Stronger Together, highlights the importance of collaboration in cybersecurity. While Stronger Together is indeed a mantra, it’s also a requirement across the security landscape.

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Mezmo Adds Free Community Plan for Managing Observability Data

DevOps.com

Mezmo this week added a free trial and a community plan for the Mezmo Telemetry Pipeline service to make it simpler for DevOps teams to store and manage the large amounts of telemetry data they are collecting. Mezmo CEO Tucker Callaway said as more DevOps teams embrace observability to minimize disruptions to application environments, they […] The post Mezmo Adds Free Community Plan for Managing Observability Data appeared first on DevOps.com.

Data 106
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Don’t Let Distractions Derail Your Company’s Strategy

Harvard Business Review

They can slow down progress and waste effort — but when managed well, they can also present new opportunities.

Strategy 101
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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Fuzz testing for connected and autonomous vehicles

Synopsys

The previous blog post in this series presented an introduction to secure software development for modern vehicles. In this blog post, we will do a deep dive on connected and autonomous vehicles (AVs) and focus on fuzz testing. Identifying high-risk interfaces and determining the level of fuzzing There are two important topics to consider when doing fuzz testing.

Testing 72
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Infusing Digital Responsibility into Your Organization

Harvard Business Review

Four strategies based on in-depth studies of 12 large European firms.

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Software due diligence in M&A: Key considerations and risks

Synopsys

Software due diligence is crucial in M&A, but to approach it strategically you must understand its key considerations and risks.

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Software Deployment Best Practices in 2023

Dzone - DevOps

Deployment is the day when the software is finally released to the world. Yet, as Stackify CEO Matt Watson said, organizations lack confidence in deployment. One of the greatest strengths of agile is the ability to deploy rapidly. However, moving too fast and without following the right processes, one can witness problems like downtime, errors, and poor user experience.

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LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase

Large Language Models (LLMs) such as ChatGPT offer unprecedented potential for complex enterprise applications. However, productionizing LLMs comes with a unique set of challenges such as model brittleness, total cost of ownership, data governance and privacy, and the need for consistent, accurate outputs. Putting the right LLMOps process in place today will pay dividends tomorrow, enabling you to leverage the part of AI that constitutes your IP – your data – to build a defensible AI strategy fo

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Choosing the Right Sitecore Partner

Perficient

There have been a lot of changes in the Sitecore space and navigating them alone can become daunting. Evaluating your current investment and understanding what is available are areas that a partner can help support. You will hear many buzzwords that are trending in the industry such as headless, composable, and cloud. It can take time understanding what each of these are and how they can play a role in your tech stack.

Trends 64
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Nullables Livestream #19: For the Win

James Shore

In this weekly livestream series, I pair up with Ted M. Young, aka jitterted , to look at Nullables and A-Frame Architecture as an alternative to Mocks, Spies, and Hexagonal Architecture. Each episode combines a healthy dose of architecture and design discussion with hands-on coding. Watch us live every Monday! For details, see the event page. For more episode recordings, see the episode archive.

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Let’s Meet at Informatica World 2023 #InformaticaWorld

Perficient

Informatica World takes place May 8-11 at the Venetian Resort Las Vegas and we can’t wait to meet you there! Perficient is a proud sponsor of Informatica’s largest event, which brings together customers and partners from across the globe. Perficient is a global digital consultancy, an Informatica Platinum Enterprise Partner, and the 2022 Cloud Modernization Channel Partner of the Year.

Meeting 64