The World Bank Group has a massive mission to “help developing countries escape poverty and share prosperity,” says Vijay Yellai, program manager for enterprise resource planning transformation at the World Bank Group. For example, it provides an wide array of financial products and technical know-how in a complex and ever-changing global setting. Therefore, for an institution like the World Bank Group, which provides funding and resources to countries with low bandwidth and infrastructure, IT m...
Dec 14, 2022•26 min
Although the world population has continued to steadily increase, farming practices have largely remained the same. Amid this growth, climate change poses great challenges to the agricultural industry and its capacity to feed the world sustainably. According to the World Bank , 70% of the world’s fresh water is used in agriculture and droughts and heat waves continue to threaten crops. And that is where the challenge arises to feed the world while mitigating the environmental effects of agricult...
Nov 16, 2022•26 min
The last five years have seen large innovations throughout drug development and clinical trial life cycles—from finding a target and designing the trial, to getting a drug approved and launching the drug itself. The recent use of mRNA vaccines to combat covid-19 is just one of many advances in biotech and drug development. Whether in preclinical stages or in the commercialization of a drug, AI-enabled drug development is now used by an estimated 400 companies and has reached a $50 billion market...
Oct 06, 2022•28 min
Memory and storage solutions for technology are built into our everyday life, from mobile applications, cars, health-care systems, and more. To meet that need and help propel innovation, Micron Technology said it would invest $150 billion into research and development to build factories for its semiconductor memory chips. This investment looks to expand not only the reach of memory chips but also to innovate new solutions to common problems, says Naga Chandrasekaran, senior vice president of tec...
Oct 05, 2022•42 min
In any enterprise, digital transformation is not only a technology transformation but enables business transformation itself, driving new products, solutions and innovations. Having an efficient data strategy is critical to any successful digital transformation but requires careful investment into both people and systems. “To achieve that goal, availability of good data, of the right data, and availability of that to the right people and systems is very, very critical. So that forms the data str...
Sep 27, 2022•25 min
As more business, shopping, and banking is done online and from, well, anywhere, customers increasingly expect high-quality digital-first services that remove the need to go into a physical store or bank. “People were working from home, shopping from home, banking from home, and are more tech and digital savvy than ever,” says Mike Dargan, group chief digital and information officer for UBS. “And if you look at the financial services industry, the ecosystem is constantly evolving, so it becomes ...
Sep 07, 2022•22 min
A heritage financial services institution isn’t necessarily the first place a technologist looks to grow their career. But that hasn’t been a problem for JPMorgan Chase, which has made itself an appealing career destination for technologists. “Technology is not an afterthought,” says Gill Haus, chief information officer of consumer and community banking at JPMorgan Chase. “It is in everything we do, from our offices to our branches to our contact centers to our web and mobile applications.” Haus...
Aug 15, 2022•32 min
The current 5G evolution in network connectivity is expected to drive unprecedented demands for bandwidth, reliability, and security. However, a network of this magnitude and robustness doesn’t pop up overnight and enterprises and consumers are just beginning to realize the myriad use cases a 5G network can support. For example, consider the increased number of connected devices in a house like smart thermostats, security cameras, tablets, smartwatches, and mobile phones, of course. Raj Savoor, ...
Jun 15, 2022•26 min
The skills and capabilities needed to undergo digital transformation are in high demand as every company jockeys to gain a competitive advantage. To address the skills gap, some companies are prioritizing upskilling and reskilling. But to be effective, learning and development itself must undergo a transformation. According to Daniela Proust, global vice president and head of global people enablement and growth at Siemens, learning and development is at the core of digital transformation. “In li...
Jun 15, 2022•26 min
Like many banks, National Australia Bank (NAB) decided to outsource a large part of its operations in the 1990s. “We pushed all our operations and a large part of our development capability out to third parties with the intent of lowering costs and making our operations far more process driven,” says Steve Day, the chief technology officer of enterprise technology at National Australia Bank. Unfortunately, achieving these goals had an unintended consequence. “We froze our operations in time,” sa...
Apr 15, 2022•22 min
With its Emirates Mars Mission, also known as the Hope Probe, the UAE has established itself as only the fifth country in history to reach Mars and the seventh in the world to reach the orbit of another planet. The UAE’s first mission to Mars, Hope’s goal is to provide the first, complete picture of the Martian atmosphere and its layers to help scientists understand the planet’s climate better. The Emirates Mars Mission is unique in that the troves of data collected by Hope are being released to...
Apr 13, 2022•17 min
In many areas of the world, environmental conditions are not conducive to traditional farming. As a result, these countries are food dependent. They rely on imported food, which is subject to supply chain issues and nutrient loss during transportation. A company in the United Arab Emirates called Smart Acres is looking to change all that through hydroponic vertical farming. “Living in a region with a lot of non-arable land and in arid conditions, we're not able to produce a lot of the crops need...
Apr 07, 2022•26 min
For many people, the concept of directed energy, or lasers, conjures images of lightsabers and bank vault security systems—the stuff of Hollywood movies. However, the fact is, lasers are commonly used in everyday life applications, from surgery to optical communications. At Technology Innovation Institute’s (TII) Directed Energy Research Center (DERC), scientists and engineers are using directed energy to solve some of the world’s most complex challenges and make the world a better place. Direct...
Apr 05, 2022•23 min
Since the 1940s scientists have studied ways to increase rainfall with the goal of increasing precipitation in arid and semi-arid climates. Today, that endeavor is making incredible leaps and bounds as scientists and engineers apply nanotechnology to improve the effectiveness of cloud seeding. “The global water shortage has continuously intensified by rapid population growth and economic development around the world. Conventional water resources such as rivers, lakes, and groundwater have become...
Mar 28, 2022•19 min
Few today won’t agree that sustainability is important not only to the future of the planet and society but to business practices as well. And approaches are evolving beyond designing products to be used as long as possible. “If we’re going to design a product or use a product, we’re thinking from the very first moment what happens afterwards,” says Corey Glickman, vice president and head of the sustainability and design business at Infosys. “How do I source those materials? How does it function...
Mar 16, 2022•39 min
Fueled by innovations in AI, IoT, and blockchain, digital transformation has been accelerating rapidly across industries. But as the world’s data is growing at the edge, the stark differences in digital equity and inclusion have become clear. Access to technology, underrepresentation within tech companies, and bias within technology itself contribute to this stark digital divide, says Janice Zdankus, vice president of strategy and planning and innovation for social impact at HPE. From healthcare...
Mar 08, 2022•29 min
Across industries and geographies, the pandemic has triggered a paradigm shift in the way companies—and their employees—conduct day-to-day business. The move to work-from-home and hybrid work models has increased the need for collaboration to facilitate communication and innovation from remote locations, and to keep teams connected and engaged when in-person meetings are difficult or impossible. Successful collaboration requires creating an equitable experience for all team members, says Faiza H...
Mar 07, 2022•29 min
Artificial intelligence helps build physical infrastructure like modular housing, skyscrapers, and factory floors. “…many problems that we wrestle with in all forms of engineering and design are very, very complex problems…those problems are beginning to reach the limits of human capacity,” says Mike Haley, the vice president of research at Autodesk. But there’s hope with AI capabilities, Haley continues “This is a place where AI and humans come together very nicely because AI can actually take ...
Jan 19, 2022•29 min
Next-generation solutions and products are hitting a wall with wi-fi: it’s not fast enough, and latency and connectivity issues mean it’s not reliable enough. What’s an innovator to do? Focus on what’s next: 5G and software-defined networking. Nick McKeown, senior vice president and general manager of the network and edge group at Intel Corporation says this technical leap is what will make future innovation possible, “Once you've got a software platform where you can change its behavior, you ca...
Dec 15, 2021•40 min
The internet of things and smart devices are everywhere, which means computing needs to be everywhere too. And this is where edge computing comes in, because as companies pursue faster, more efficient decision-making, all of that data needs to be processed locally, in real time—on device at the edge. “The type of processing that needs to happen in near real time is not something that can be hauled all the way back to the cloud in order to make a decision,” says Sandra Rivera, executive vice pres...
Dec 14, 2021•32 min
Businesses that want to be digital leaders in their markets need to embrace automation, not only to augment existing capabilities or to reduce costs but to position themselves to successfully maneuver the rapid expansion of IT demand ushered in through digital innovation. “It's a scale issue,” says John Roese, global chief technology officer at Dell Technologies. “Without autonomous operations, it becomes impossible to keep up with the growing opportunity to become a more digital business using ...
Dec 13, 2021•32 min
The global pandemic accelerated the trend toward a work-from-anywhere, distributed workforce. As we approach a post-pandemic world, companies—and employees—expect this trend to become the norm. While IT departments are rapidly configuring and deploying devices, infrastructure, and software to support the shift in a secure and productive way, employees are likewise having to reset priorities and learn new ways to engage with their coworkers and managers, and to navigate their career goals. This s...
Dec 08, 2021•43 min
Hackers around the globe are smart: they know that it isn’t just good code that helps them break into systems; it’s also about understanding—and preying upon—human behavior. The threat to businesses in the form of cyberattacks is only growing—especially as companies make the shift to embrace hybrid work. But John Scimone, senior vice president and chief security officer at Dell Technologies, says “security is everyone's job.” And building a culture that reflects that is a priority because cyber ...
Nov 22, 2021•26 min
From cars to planes, the future of transportation is already here—and is changing rapidly. Software engineering is increasingly central to both the development and maintenance of all kinds of vehicles. That means more people need to start thinking like systems engineers. Dale Tutt, vice president of aerospace and defense industry for Siemens Software, says this means companies must offer more training and planning for those designing and developing vehicles of the future. “As you try to address ...
Nov 17, 2021•36 min
The next wave of aerospace is just around the corner, and a lot of that innovation is happening thanks to new, faster methods of development. “What's happening now is that companies are trying to understand how they take the lessons from Agile software development and apply those to Agile product development,” explains Dale Tutt, vice president of Aerospace and Defense Industry for Siemens. With Agile software development, you can build software and test it relatively quickly. “When you start ta...
Nov 16, 2021•28 min
Companies across all industries are faced with the urgent need to transform the way they do business, including financial services, but changes abound with governance, security, and culture. A shift in mindset and perspective away from “the way things have always been done” is key to a successful digital transformation and to providing the frictionless customer experience banks and other financial services businesses strive to offer. To stay competitive in the wide-ranging fintech landscape, say...
Nov 15, 2021•25 min
There’s probably no such thing as perfect privacy and security online. Hackers regularly breach corporate firewalls to gain customers’ private information, and scammers constantly strive to trick us into divulging our passwords. But existing tools can provide a high level of privacy— if we use them correctly, says Mashael Al Sabah, a cybersecurity researcher at the Qatar Computing Research Institute in Doha. The trick is understanding something about the weaknesses and limitations of technologie...
Oct 28, 2021•25 min
In the coming years, mobility solutions—or how we get from point A to point B—will bridge the gap between ground and air transportation—yes, that means flying cars. Technological advancements are transforming mobility for people and, leading to unprecedented change. Nand Kochhar, vice president of automotive and transportation for Siemens Software says this transformation extends beyond transportation to society in general. “The future of mobility is going to be multimodal to meet consumer deman...
Oct 26, 2021•33 min
In the past decade, machine learning has become a familiar technology for improving the efficiency and accuracy of processes like recommendations, supply chain forecasting, developing chatbots, image and text search, and automated customer service functions, to name a few. Machine learning today is becoming even more pervasive, impacting every market segment and industry, including manufacturing, SaaS platforms, health care, reservations and customer support routing, natural language processing ...
Oct 19, 2021•32 min
What if managers and leaders at companies focused on a new goal: to elevate the human experience? This paradigm shift is something Amelia Dunlop, chief experience officer at Deloitte Digital, advocates for. She and her team have worked hard to measure the amount of humanity in the workplace—a measurement that often depends on how much trust exists between workers and leaders. Dunlop’s team focused on four signals of trust that leaders can track: capability, reliability, humanity, and transparenc...
Oct 05, 2021•27 min
