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The Incredible Impact of Blockchain Technology on the Economy

Smart Data Collective

In November, Investopedia reported that prices of bitcoin rose 111% and they seem to be increasing even further. Finances, healthcare, insurances, real estate, and supply chain – blockchain has managed to render each one of these sectors more efficient and cost-friendly, to the benefit of everyone involved.

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IT leaders adjust budget priorities as economic outlook shifts

CIO Business Intelligence

Nearly three out of five CIOs (57%) who reported a budget increase this year cited the need for security improvements as the key reason for receiving that increase in spend, according to the State of the CIO survey. Megan Duty, VP of technology and project delivery, Puritan Life Insurance Company of America.

IT 132
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Financial services firms turn to automated, data-driven processes for new products and services

CIO Business Intelligence

Between the host of regulations introduced in the wake of the 2009 subprime mortgage crisis, the emergence of thousands of fintech startups, and shifting consumer preferences for digital payments banking, financial services companies have had plenty of change to contend with over the past decade.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

January 2009: Autonomy buys enterprise content management vendor Interwoven for $775 million. billion at 2011 exchange rates—although later reports will put the price as high as £8.7 Hewlett-Packard’s insurance will pay out $100 million to those who purchased HP shares between Aug. billion, valuing the company at $10.3

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The Indian Business Responsibility and Sustainability Report (BRSR) explained

IBM Big Data Hub

India’s Business Responsibility and Sustainability Report (BRSR)—a framework for environmental, social and governance (ESG) reporting—comes into effect in 2023. Leadership indicators also comprise advanced reporting on biodiversity, energy consumption, scope 3 greenhouse gas emissions and supply chain disclosures.

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How Data Lineage Improves Data Compliance

Octopai

Banks didn’t accurately assess their credit and operational risk and hold enough capital reserves, leading to the Great Recession of 2008-2009. Insurance companies misvalued or misreported on insurance contracts (which, to be fair, are notoriously hard to compare with precision). Data lineage and insurance data compliance.

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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. ERP pains are a recurring illness for Invacare, which also had problems with an earlier upgrade between 2005 and 2009.