IoT holds promise for financial services, and institutions should take action.

Like many industries, the financial services sector has a lot to gain from the Internet of Things (IoT). A new report from Deloitte, “The derivative effect: How financial services can make IoT technology pay off,” makes this case, asserting that IoT has the potential to broadly transform the financial services industry just as the Internet did. Deloitte recommends that industry leaders and professionals explore IoT’s promise, examine the impacts IoT can have on the industry and consider how IoT applications may change their jobs in the coming years.

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Norway’s national securities depository puts money on PaaS.

Financial services companies are increasingly looking to virtualized infrastructure, including Platform-as-a-Service (PaaS, so they can more quickly, efficiently and consistently deliver IT services. That’s what Verdipapirsentralen ASA (VPS) has done. Norway’s national Central Securities Depository has deployed a private, on premise PaaS solution based on OpenShift Enterprise by Red Hat.

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Red Hat’s Open Source technologies can help healthcare in its digital transformation.

Open source technologies are increasingly helping healthcare companies evolve to cloud computing, digital services, the Internet of Things (IoT) and consumerization. Red Hat customers are great examples. Consider Cigna, which is using Red Hat’s cloud infrastructure to quickly and effectively deliver applications to customers while carving out costs from the provisioning process. Or King’s College Hospital (KCH) NHS Foundation Trust, which implemented Red Hat’s open-source middleware so multiple hospital systems could more quickly, and reliably securely exchange critical patient information. In a new brochure from Red Hat, learn more about how its open source technologies, services and expertise are helping healthcare organizations transform.

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Open Source + OPC: Streamlined, real-time data communications for oil & gas

The oil and gas industry is facing tough times. In mid-September, London-based Moody’s Investor Service issued a report that details today’s challenging market, highlighted by the fact that global crude oil prices have fallen by more than 50 percent since mid-2014. Oil and gas companies are looking for opportunities to optimize operations where they can, and one way is through Open Platform Communications (OPC), a standard framework that enables real-time communication of data between automation and business systems of industrial companies, including oil and gas.

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Tune In: CSC shares powerful tools for improving big data insights

Managing and utilizing big data has become a huge priority for businesses today. According to IDC, our digital world is doubling in size every two years and will reach 44 zettabytes by 2020. Having the right tools to manage and generate insights from that data is critical. Today, deploying big data solutions is often rigid, tied to specialized hardware environments or unconventional data center procurement and configuration requirements. As an alternative, a cloud environment allows compute, storage and memory to be tailored to the workload, is highly scalable and maintains private control and security. Learn more about tapping into these benefits in our October 13 webinar.

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How much are open source projects worth? Billions.

An oft-cited benefit of using open source technology is the community that supports and contributes to its development. Consider that in the Linux Foundation’s multiple open source projects there are more than 500 corporate members and thousands of developers collaborating on them. But how does all that add up? A new report just released from the foundation has an answer: $5 billion.

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Tune In: Red Hat webinar talks open source in the smart grid

The power grid is a web of legacy and proprietary technologies that are often incompatible. The risk of failure and cyberattacks is growing. In fact, a recent investigation conducted by USA Today multiple newspapers and TV stations and drawing on government records, federal energy data and a survey of more than 50 electric utilities, found that about once every four days, part of the nation’s power grid is struck by a cyber or physical attack. To combat the problems, the energy industry in the United States is investing billions of dollars to modernize the nation’s electric system, and open source has a key role in the effort. Learn more in this Red Hat webinar Oct. 8.

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Capital One puts containers and microservices to work for its big data analytics tools.

Companies across industries continue to accumulate enormous amounts of data every day, and that’s good news, considering that 62 percent of them believe that big data has significant potential to create a competitive advantage, according to a report from PwC. Financial institutions are no different. What is critical, however, is the ability to store, access and analyze all that data so it can deliver real value. Capital One is well on its way, with a new project called the Analytics Garage that uses the agility of containers and software-defined storage to offer a big data analytics applications development platform that is scalable, fast and enables self-service.

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Don’t Miss: Hands-on workshops to transform the efficiency and agility of your IT infrastructure

This month Red Hat is hosting three specialized, hands-on workshops in Phoenix, Atlanta and New York to help IT directors and administrators build a more efficient and agile infrastructure. The workshops include presentations and hands-on labs covering setup, process and deployment of customizable enterprise infrastructure solutions from Red Hat.

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