No Images? Click here Dear , Fintech is the new darling of, well, the financial services and tech industries. But with great opportunity comes great risk – and some of those challenges are starting to play out, including the mysterious case of the disappearing Bitcoins. In other news:
Upgrading an ERP environment can be as challenging as a new deployment, particularly when integrated with an extended supply chain. When NZ’s largest distributor of luxury European vehicles tackled the inevitable, the upgrade process was considerably eased thanks to its use of Flow Software’s middleware solution. Enjoy the read. Donovan Jackson This week in fintech: All is fluxBitcoin instability, under reporting of dodgy activity and ongoing malware mayhem are the order of the day in global fintech... Reports that those shiny new bitcoins may disappear out of your bank account serve to highlight emerging uncertainties as the globe marches into the brave new fin-tech world. For every step towards a clever fintech future, there’s a new problem waiting to arrive. As the $49b NBN rollout’s limp worsens the government appears to be responding by breaking the legs of potential competitors. “The cost will be passed on to consumers and risks consumers shifting their buying preference to other technologies.” Digital transformation more difficult for risk averse companiesMIT SMR and Deloitte backs obvious conclusions with research… Digital transformation is all about change, so some of the findings of a report from MIT Sloan Management Review (MIT SMR) and Deloitte Digital seem intuitively obvious. “Cross-functional working is key, yet many organisations still have their structures divided between ‘digital’ and ‘traditional’.” Worldwide IT spending to grow 2.4 percent in 2017Driven by enterprise software – and Australia and New Zealand outstrip global average… Worldwide IT spending has received a substantial fillip with Gartner’s projection of a total of US$3.5 trillion in 2017. “Digital business is having a profound effect on the way business is done and how it is supported.” Australians, Kiwis wary about sharing data…and no wonderWith continual high-profile data breaches, people are rightfully selective about info sharing... The 2017 Unisys Security Index said Australians and Kiwis may be willing to use IoT where they see a compelling enough reason but are gravely concerned about the privacy and data security implications. “If businesses cross the line and appear to invade their privacy, it just turns the customer off.” How Flow drove easier automotive ERP upgradeMiddleware allows EMD to focus on own systems, leaving existing integrations intact… When it came to upgrading its ERP software, a longstanding relationship with integration specialist Flow Software has stood European Motor Distributors in good stead. “Not having to deal with multiple integrations has meant a substantially easier project.” This week's sponsor: Upcoming events: > Opex week | July 25-27 | Sydney iStart is proudly supported by these leading Australian software providers: Latest Buyer's Guides ERP Buyer's Guide | CRM Buyer's Guide | HR/HCM Buyer's Guide | BI & Analytics Buyer's Guide Privacy statement: We have sent this weekly eNewsletter to you at your e-mail address: [email address suppressed]. iStart will never share your e-mail address, but you may from time to time receive other event invitations or partner communications from us. You can opt out of these by managing your subscription preferences, where you can also update your e-mail address and other details.
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