Founder & CEO Srini Mannava “We understand all of those, and we were able to retire a bunch of their data into the cloud platforms that were set up specifically to meet those requirements in several parts of the world, so that way the customer actually can access the data anytime they want, and they […]
IntroductionDigital transformation might seem like a new concept, but the reality is that it has a long history. In the 1970s, computer-aided manufacturing and design were first used in business. We saw the introduction of enterprise resource planning in the 1980’s. eCommerce and online banking were introduced in the late 1990s, and social media emerged […]
Could the marvels of quantum computing break our conventional data storage systems? Dive deep into how RPA is emerging as the guardian of quantum-resilient data storage. The pace at which technology advances is mind-boggling. Once dominated by magnetic tapes, the data storage landscape has evolved into high-speed SSDs and sophisticated cloud architectures. But what happens […]
In the current digital era, businesses generate and accumulate vast amounts of data daily. The influx of information poses significant challenges for data management and security. However, organizations increasingly recognize the importance of archiving to overcome these challenges. Archiving is a proactive approach that streamlines data storage and enhances data management and security. In this […]
Why do applications need to “retire”?Anyone who runs an IT department will tell you that, over time, applications become redundant (or even obsolete). When this happens, one or more applications become underused…or cease to be used at all. Those unused applications can create severe problems, especially for highly regulated industries.For example, redundant applications are frequently […]
It should surprise no one that today’s corporations generate a lot of data. And they will continue to do so at an increasing rate: From 2020 to 2022, the amount of data the average enterprise stores more than doubled, from one petabyte to roughly 2.022 petabytes. That’s over 100% growth in just two years.Financial services […]
Ransomware is becoming a growing problem, and not just for larger organizations. As modern encryption methods become more sophisticated, so do ransomware scams. These threaten encryption of vital data unless a fine or “ransom” is paid. Would-be ransomers are now targeting “mid-market” organizations, hoping that these have fewer resources to detect, repel, or recover from […]
Each year, countries pass new data privacy laws, each with their own regulations and requirements. For companies that do business in America, the picture is even more stark. Four states already have data privacy laws on the books, with an additional 15 states with bills in active consideration, and 14 that have proposed at least […]
If there’s one industry where consumer trust leads to success, it’s in the financial services industry. But when researchers look at the data on customer trust with financial institutions, the picture gets muddy. It seems that customer trust is high, but eroding. A mix of demographic changes and industry disruption is, in effect, “shifting the […]
Financial services firms have recognized digital transformation as a means to ensure compliance with regulators. Due to expanded offerings from RegTech firms, transforming how financial service firms manage their regulated data has never been easier. Financial services firms will continue to increase investments into RegTech firms that offer data management transformation, back-office automation, modern technologies, […]