Microsoft polled 700 executives across industries for their “State of Tech Intensity 2019” study. “Tech Intensity” is defined as the applied use of a creative, entrepreneurial mindset to invent new digital capabilities using advanced technologies such as AI and IoT. Key findings from the study: Every company is becoming a tech company: 73% of companies …
Autonomous Research’s London-based NEXT unit, which focused on FinTech and the future of finance, predicts cost savings of 22% for financial services firms globally by 2030, totaling $1 trillion. The graphs above show a breakdown across banking, investment management and insurance, as well as front-, middle- and back-office. AR calls the outcome of AI applied …
JP Morgan and Microsoft this week announced a strategic partnership to accelerate the adoption of enterprise blockchain. JP Morgan’s Quorum, an enterprise-focused version of Ethereum, will be the first distributed ledger platform available through Microsoft’s Azure Blockchain service, so their customers can build and scale blockchain networks in the cloud. Based on Ethereum, Quorum is …
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