FSN - KPI & Environment

Could negative consumer attitudes put a stop to Big Data projects before they have even begun?

Back in Dec 2012 FSN published a white paper “Mastering Big Data” which highlighted a Big Data initiative being undertaken by the Co-operative Insurance company involving the remote data capture of location-specific information to monitor car usage (speed, time of day) remotely via a black-box (Telematics) and adjusting premiums accordingly. However, as Michelle Simon FSN writer finds the latest research from Deloitte suggests that a third of 18-24 year olds would not be willing to use a telematics device at any discount to their insurance premiums viewing it as an invasion of privacy.

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UK business loosens its belt, spending over £1 billion extra on expenses

A report by Concur, a provider of integrated travel and expense management solutions, has analyzed expense claims made by more than 200,000 employees and reveals that – despite a tough economic climate – UK business spent an additional £1.2 billion on expenses in 2012 compared with 2011. The statistics are a surprise considering the on-going concern about the impact of austerity in the country and in Europe more broadly.

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CFOs - who is looking after the store when you are away?

For many CFOs, staying in touch with the office when travelling is becoming a major concern. But the rapid coalescence of mobile technology and Cloud computing is removing a lot of the stress of being away from one’s desk. Gary Simon, Financial Systems News’ (FSN’s) managing editor explores why it is becoming increasingly feasible for CFOs to not only stay in touch with the office but to manage the business as well.

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Gartner predicts by 2017, half of employers will require employees to supply their own device for work purposes

As enterprise bring your own device (BYOD) programs continue to become more commonplace, 38 percent of companies expect to stop providing devices to workers by 2016, according to a global survey of CIOs by Gartner, Inc.'s Executive Programs.

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Gartner says the vast majority of social collaboration initiatives fail due to lack of purpose

Although social technologies are employed by 70 percent of organizations, Gartner, Inc. said most social collaboration initiatives fail because they follow a worst practice approach of \"provide and pray\", leading to a 10 percent success rate.

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Gartner Says worldwide IT spending on pace to reach $3.8 trillion in 2013

Worldwide IT spending is projected to total $3.8 trillion in 2013, a 4.1 per cent increase from 2012 spending of $3.6 trillion, according to the latest forecast by Gartner, Inc. Currency effects are less pronounced this quarter with growth in constant dollars forecast at 4 per cent for 2013.

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Gartner survey finds 42 percent of IT leaders have invested in Big Data or plan to do so within a year

After a few years of experimentation and early adopter successes, 2013 will be the year of larger scale adoption of big data technologies, says Gartner, Inc. According to a worldwide Gartner survey of IT leaders, 42 per cent of respondents stated they had invested in big data technology, or were planning to do so within a year.

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CFOs should take the lead on analytics

If the SEC can exploit analytics software to improve its performance as a regulator then CFOs can exploit analytics to improve the performance of their businesses, suggests FSN writer, Lesley Meall.

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According to new study, integration of financial systems still the biggest challenge for the financial services sector

The highest rated challenge for the financial services sector (48 per cent) when it comes to dealing with technology is the sector’s ability to fully integrate systems. The insights are from a new study called Humans and Machines, conducted by the Economist Intelligence Unit and commissioned by Ricoh. The research investigates the impacts of technology upon human creativity and intuition.

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Why is your mobile workforce still sitting at a desk?

The mobile workforce is now a reality for many and all the signs suggest that if your organisation is not already mobile it soon will be. For example, desktop PC sales continue to fall in favour of portable tablets, spurred on by hybrids such as the ‘Microsoft Surface’, a new breed of business tablet. And the rapid uptake of Cloud-based solutions continues with Forrester estimating Cloud services will increase from about $41 billion in 2011 to $241 billion in 2020. However, the mobile workforce survey 2012 (produced by The Future of Work…unlimited and Novacrea Research Consulting) challenges the ways in which organisations look to manage their mobile workforce and as FSN writer Michelle Simon finds out many managers are failing to make use of the freedom that mobile technology offers.

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