Asif Gill Blogs

BigData is another catchphrase which is getting a vast attention in both academic and industry forums. However, the question is whether it is just a buzzword or a real opportunity for business organisations. BigData term generally applies to the large size of the data. But, it is more than the large size. Organisations need to understand what does it really mean – a hype or reality? This blog post explains five BigData characteristics for business organisations to help them understanding the BigData characteristics and uncovering the embedded business opportunities.   Figure 1: V5 Big Data Lens (Dr. Asif Q. Gill 2012) 1. Volume – This applies to the large size or volume of the data that cannot be managed via traditional means. 2. Variety – Large volume of data or BigData is more than the data size. It could also be in a number of different forms such as structured or un-structured, text, images, videos etc. It can come from a number of different source...

Financial services organisations have shown a significant interest in the adoption of emerging cloud business technologies. Based on my recent research, I identified the following four key motivators and five key de-motivators of cloud adoption in Financial Services. Motivators: ·          Data Centre Scalability ·          Control on Sensitive Data –Private Cloud Initiatives ·          Data Centre Efficiencies –Public Cloud Initiatives ·          Future Downsize of Internal Data Centre –Public Cloud Initiatives De-motivators: ·          Lack of Maturity and Understanding the Cloud ·          Cloud Additional Risks ·          Customer Information Regulatory Compliance ·     ...

Financial Services Technology Trends in a Nutshell: 2012 and Beyond Based on my recent reseaqrch, I identified the following emerging trends and patterns in technological investments in financial services industry. Let me know if you want to read my full length article. Figure 1: Copyright Dr. Asif Q. Gill (2012)

Agile approach is capable of handling the overheads imposed by traditional approaches to technology-enabled business transformation that lack agility. Agile approach is based on small cycles or sprints, typically 2-4 weeks of duration that has the ability to handle in-built dynamism of cloud “XaaS” adoption. Cloud “XaaS” adoption in small cycles is the most critical success factor of your Cloud adoption journey. Agile, if appropriately applied, would accelerate Cloud “XaaS” adoption speed with consuming less resource fuel. The key benefits of agile you may seek time to market and overall productivity across the board. Here are the 5 agile gears that you may consider to install on your cloud adoption bandwagon on your way to target cloud-enabled technology operating model. Process Agility: As opposed to a big bang approach, Cloud adoption needs an adjustable and agile approach to move your enterprise elements in the cloud in short iterations. Product Agility: As opposed to a tradit...

The emerging technologies such as cloud, mobile and social media provide both opportunities and challenges to financial services organizations (FSOs) in present high cost and tight economy.  The overarching technology themes suggest that the current focus is to invest resources only in customer-centric platform and infrastructure consolidation technologies in order to present the “organization-as-a-whole” view to customer for a better customer experience. This post highlights the eight salient emerging themes in FST adoption. Customer Information Management The emerging themes in the customer information management are: Customer Information Consolidation, Customer Context Awareness, and Customer Process Standardization. Despite economic crisis and tight economy, FSOs seem to investment in customer platform. There is also a considerable trend in multi-channel support for better interaction with the customer and also for settli...