BetaNews Staff

Many businesses remain unprepared for GDPR

gdpr prepared

A shockingly large proportion of businesses have no idea how to behave when GDPR comes into play, a new report by the DMA has claimed.

More than half of marketers surveyed (56 percent) believe they’re on the right track, with four percent actually saying they’re ahead in their plans of being compliant by May 2018.

Continue reading

Increased IT spending will boost digital transformation efforts in Europe

digital transformation

European businesses are set for an increase in IT spending which should greatly accelerate digital transformation efforts within the next 12 months.

That's according to new research from CenturyLink, which found that over half of companies are set to boost IT spending over the next year to allow them to embrace the benefits of new technology sooner than expected.

Continue reading

Investment in UK fintech startups exceeds $1 billion

Fintech

Despite growing concerns over the impact that Brexit might have on fintech startups in the UK, new figures have revealed that the sector has seen record investment throughout the year so far.

According to data from London and Partners and Pitchbook, over $1 billion has already been invested in UK fintech by venture capitalists which is more than double that of the same last year.

Continue reading

5G adoption will explode after launch

5g smartphone

5G networks are set to take off faster than any other mobile technology as users flock to faster and more reliable connections, new research had predicted.

A report from analyst firm CCS Insight has forecast a huge explosion in 5G growth in the time after the first networks are expected to launch, with over one billion 5G users connected by 2023.

Continue reading

Privacy Shield gets EU's nod of approval

Last year’s framework which organized how Washington uses and protects data from EU citizens gets the nod of approval of the European Union this week.

The EU-US Privacy Shield, a data pact which replaced the old Safe Harbor agreement, went through its first annual review. The general conclusion is that the United States has lived up to its promise to better protect data from EU citizens when they are transferred over the Atlantic.

Continue reading

Businesses struggling with digital transformation

digital transformation

Many businesses across the world are struggling to deal with digital transformation in spite of the benefits it can bring, new research has claimed.

A worldwide survey by BlackBerry has found that only 37 percent of companies actually have formal digital transformation plans in place today - a little over a third, meaning many companies could be missing out on the benefits of using the latest workplace technology - what it calls the 'Enterprise of Things' (EoT).

Continue reading

Cisco's new AI-based enterprise services can predict IT failure

Cisco has just announced a new set of services that aims to predict potential troubles in a company’s IT department.

Powered by artificial intelligence, the Business Critical Services and High-value Services offerings will anticipate IT failures, mitigate risks, reduce maintenance costs and assist organizations in keeping necessary skills to keep digital transformation going.

Continue reading

One in five UK businesses don't prepare for cyber attacks

business security

UK companies are unprepared for potential cyber-attacks against their business, with major shortcomings in many areas of security, new research has said.

A report released today by PwC found that a worrying amount of British firms only have adequate security protection in place, or are unaware of how best to prepare against attacks.

Continue reading

Microsoft launch comparison tool for AWS and Azure

Microsoft has released a new tool to help IT decision makers understand the differences and similarities between Azure and Amazon Web Services easier.

The tool is called Cloud Services Map.

Continue reading

Financial services to boost security investment on account of breach risks

Security breach lock

Virtually every second global financial services organization was a victim of a data breach sometime in the past, according to a newly released Thales report.

The 2017 Thales Data Threat Report, Financial Edition, says 49 percent of financial services organizations suffered a breach, with a fifth (21 percent) being breached more than once. Nine in ten (90 percent) feel more vulnerable to such incidents.

Continue reading

Qualcomm's first 5G mobile test highlights super-fast data speeds

5G mobile

Qualcomm has taken a major step towards 5G smartphones with the first successful test of the next-generation networks on a mobile device.

The US chipmaker confirmed it completed 5G connections trials at its San Diego headquarters, and that devices with 5G compatibility could be released as soon as mid-2019, ready for the expected worldwide launch of 5G networks in 2020.

Continue reading

Meeting objections: How enterprise CIOs can overcome doubts about Robotic Process Automation

For years, there’s been talk of robots infiltrating the workforce and eliminating human jobs. Now, it’s finally happening, but not in the way that most people envisioned. Amazon has led the charge by using 45,000 robots at its shipping and distribution facilities, but soon consumers may also see more robots cruising the aisles of well-known brands like Lowe’s and Target. While the idea of robotics may sound overwhelming to both brand and employee, the age of robotics is robust with one thing for the enterprise CIO: opportunity.

For many companies, digital transformation is at the heart of every strategy, and software robotics is becoming critical for brands to streamline processes, automate, and stay competitive. However, according to PwC, 41 percent of manufacturing companies are hesitant to adopt robotics technology. These companies feel that robotics isn’t cost-effective, there are insufficient resources and expertise to deploy these types of solutions, that any implementation will lower morale due to worker displacement, or that there simply isn’t the need for this type of technology. This epidemic isn’t just limited to manufacturing: many companies are dismissing software robotics for these very same reasons.

Continue reading

Microsoft: Identity protection is more important than ever

identity protection

As businesses of all sizes continue to put more and more of their data online, the need to ensure this information remains secure is more pressing than ever.

Microsoft has long been the preferred choice of partner for many companies, with its Microsoft 365 platform offering a comprehensive, and more importantly, secure way to ensure data stays protected. But just exactly what goes in to ensuring millions of enterprises can leave the office each evening feeling assured that their data is safe?

Continue reading

IBM speeds up international payments with new blockchain-based service

IBM has looked to take the pain out of transferring currency across territories with the creation of a new cross-border blockchain payment solution.

Built in partnership with KlickEx Group and Stellar.org, the solution should improve efficiency and reduce the cost of global payments for both consumers and businesses.

Continue reading

AI could bring up to £630 billion to the UK economy over a few years

The UK government has revealed ambitious plans for boosting the Britain's artificial intelligence (AI) technology industry.

A new independent review, published on behalf of the AI sector, has claimed that AI could provide up to £630 billion for the UK economy over the next few years.

Continue reading

© 1998-2017 BetaNews, Inc. All Rights Reserved. Privacy Policy.