Have you ever experienced buyer’s remorse? Maybe you bought something significant on a whim like a new car or the latest cool gadget, without thinking it completely through, and a few days or weeks later you wonder why you now own something that doesn’t really deliver what you were expecting.
These same experiences can occur in the service provider and telecommunications industries. There’s a lot of hype around the latest technologies saving money, increasing revenues, and expanding wallet share with customers. Meanwhile, are service providers really getting the business benefits they expect from these technologies? As consumers, most of us don’t even think much about these challenges. Instead, we’re focused on finding improvements for our lives and economic well-being by searching for choice both in the goods and services that we consume, and in how we consume them.
Continue reading “The future is open – is your business at risk?”
Red Hat prides itself in leading the way in community-based innovation and associated best practices for enterprise consumption. This is why we are thrilled to announce that we have joined the Fintech Open Source Foundation (FINOS). FINOS is a nonprofit organization promoting open innovation in the financial services community. Red Hat OpenShift is providing the underlying technology for FINOS’ Open Developer Platform (ODP), one of the leading venues for community development within the financial services community.
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In modern times, financial markets are sensitive to any number of factors – geopolitics, economic data, shifting prices on commodities, regional unrest, even market sentiment. And that sensitivity puts pressure on financial firms also contending with globalization, market competition and changes in regulation and international capital movements. To thrive amid all that – and work smarter, better and faster – consider IT automation. Want to know more? Check out this Red Hat solution brief.
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The Open Networking Summit (ONS) North America is here, and we hope you’ll join us next week, March 26-29 at the Intercontinental Los Angeles Downtown as we discuss software defined networking (SDN), secure devops, container networking, 5G infrastructure, and more. ONS brings together enterprises, service providers and cloud providers to discuss the future of open source networking, covering topics like SDN, network functions virtualization (NFV), orchestration and cloud automation, and the internet of things (IoT).
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Automation has become an essential component of strategic modernization and digital transformation, particularly for today’s forward-looking communications service providers (CSPs). Join us Tuesday, March 20 as we explore router compliance and security governance in the first part of our telecom network automation webinar series.
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IT moves fast, and there’s always something new to investigate, develop, test and implement. For a risk-averse and increasingly competitive industry like financial services – which is undergoing seismic changes, thanks to digital technology – it can be a challenge to keep up. Linux containers can help bridge gaps between the developer and operations teams so they can create and deploy applications more efficiently.
Continue reading “Banking on containers to accelerate application development in financial services firms”
In the highly competitive financial services industry, accurately predicting risk profiles is key. But analytics applications used to determine risk are typically large and compute-intensive, requiring a powerful technology stack that incudes parallel processing and compute accelerators. Open source technology can be a viable solution, delivering more flexibility, adaptability, and cost savings.
Continue reading “Red Hat, partners achieve record-setting STAC benchmark on financial risk analytics”
Financial services is becoming a digital business, and that digital heartbeat brings with it many opportunities as well as significant challenges. Clients today are much savvier and have higher expectations for exceptional digital experiences, and traditional asset and wealth managers, banks and insurance companies are under intense competitive pressure, not only from one another, but from non-traditional entrants new to the market. To remain relevant, financial institutions need to deliver superior client experiences across channels, remain agile to navigate the changes, reduce costs and improve operational efficiencies, and most importantly, innovate. At the recent Gartner Symposium/ITxpo 2017 in Orlando, I shared how application modernization can help financial services institutions do just that.
Continue reading “Modern applications and open source: a path to success for financial institutions”
Digital transformation is about using technologies to achieve agility, responsiveness, elasticity, and speed. According to Ross Turk, Red Hat’s director of product marketing, that means telcos and other companies can respond to business demands more quickly and take advantage of success when it happens. So, what role does storage have in all of this? During his presentation Storage and Your Digital Transformation at Red Hat Summit last spring, Ross shared planning principles and solutions for bringing digital transformation into the core of the datacenter.
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It’s been the stuff of science fiction and our imagination for years, but artificial intelligence (AI) is finally getting its due. Already used to express and understand human speech, drive autonomous cars, and interpret highly complex data, AI has the potential to revolutionize all aspects of our lives. But that’s only half the story. While there has been considerable attention paid to the algorithms and analytics that will comprise these applications, the question remains – what ecosphere will support this new form of life?
Continue reading “The AI Ocean: How AI applications will travel and thrive in mobile networks”