financial crisis
Industry steels itself for more compliance and rising interest rates.
The Unix server business has been hit particularly hard during the current recession.
While every economy is still reeling from the effects of the recent credit crunch, the southern country of Australia has relatively gone out of the rut in good shape, remaining as bullish as it was in investments—especially in IT—before the crisis struck.
People often mistake the practice of risk management as simply making sure the documentation tool gets the job done. But, in essence, risk management is, well, about managing the risks themselves, where tools for documentation can only be of aid.
Telecommunications companies across the globe may have grown immune from the effects of the recent economic crisis, but the debilitating strength of the credit crunch may have stunned some markets’ growth, or have stopped it altogether, according to Ovum.
Even if IT spending is expected to rise slightly this year since the global crisis, normalized levels are still not expected to come back in 2010 as CIOs only see the budget rise as a means to make up for losses in the previous years.
Monitoring consumer behavior during these uncertain economic times is crucial. Financially insecure and nervous individuals have a myriad of options available to them, but are fearful and unsure of what steps to take. This said, the downturn presents opportunities as well as challenges for Financial Services (FS) providers.
Rudolf Gunz, head of global competency centre, SWIFT and Banking Solutions at SAG Software System, discusses the financial crisis of 2008-2009 and its impact to the global market. He cites how regulators have failed to curve the excesses of the industry resulting in the failure cascading to all sectors of the market. He explains his view of profits are privatize but losses are socialize.
In a recent survey conducted by (ISC)2, it was found that at least half of information security professionals received a pay increase in 2009, defying common conceptions that firms have tightened their belts across the board during the recent crisis.
After the debilitating financial crisis of 2009, are companies starting to get the ball rolling on innovation, which has taken a far back seat last year to pave the way for business-saving financial measures?
Knowledge Central Multiple
Knowledge Central
In earlier times, a recession would mean belt tightening and less spending. While this hasn't changed much, the 2008-2009 recession showed that cost is no longer the only metric for deciding what to buy (when money is tight). Experience is more important.
Industry steels itself for more compliance and rising interest rates.
Set realistic goals and enforce them recommends Gartner
Rising demand for medical care are overwhelming health services and governments resulting in more time being spent on managing than treating. Critical to easing this new management burden is the creation of systems that facilitate information exchange. This paper looks at the development of electronic personal health records and the challenges it poses to all members of the ecosystem.
When Sri Lanka's Department of Education wanted to update its certificate printing process and hardware, security was at the top of its requirements. The aim is to eliminate fraudulent examination certificate results. The solution provided needed to be easy-to-use, compatible with the existing information in the DOE database and have the ability to create certificates bilingual in English and Sinhalese. This case study explains why the DOE selected the Lexmark Ultra Violet (UV) Secure Print solution.
CIMB Group aspires to advance by focusing on its core themes of regionalization, optimization and innovation. In its rapid expansion, CIMB faced a significant challenge in the effort, time and cost associated with managing ever-growing business performance demands.
