Weekly Rewind: Top 10 Stories On CXO Today (Feb 27-Mar 4)
The week brings to you a lot of exciting happenings in the world of technology. One of the largest technology shows of the year, the Mobile World Congress (MWC) that takes place every spring in Barcelona and brings together some of the world’s most prominent tech companies to show off their latest innovations was concluded this week. We highlight some of the key developments the business world should pay particular attention to from the event.
We also analyze as Indian is currently witnessing a “Chinese smartphone revolution” in the country, what’s going wrong with the Indian players and their strategy? Can they ever fight back and win the smartphone battle in their own home territory?
The week also witnessed a massive outage at Amazon Web Services [AWS] that knocked down countless websites and impacted many businesses across the world. We offer tips on how CIOs should take lesson from these failures and move on in their business.
This week, the spotlight was certainly on Enterprise security. We bring to you features and updates on the security industry including, boardroom preparedness on dealing with cyber threats, RBI flexing its muscles to curb the rising cyber-attacks on financial institutions and whether other industry bodies will follow suit. We have for you articles on threat lifecycle based defense approach and the current state of industrial security in India, among other topics in information security.
Like every week, we also have for you interesting interviews, case studies, infographics, blogs and expert columns on various emerging technology trends and challenges in the enterprise space.
Here are some of the top stories of the week on CXOToday you would not want to miss.
Cyber security and its management is a huge concern across the enterprise with newer and complex security threats constantly evolving. In today’s times, cyber security is not just limited as a technology issue. The importance of senior management and board engagement on the issue has been generating a lot of discussion. At a recent panel discussion, eminent panelists from the industry highlighted some very interesting issues on the boardroom preparedness on dealing with cyber threats.
In the wake of the exponential rise in the financial frauds post demonetization, the Reserve Bank of India (RBI) has now flexed its muscles to curb the rising cyber-attacks on financial institutions. RBI’s efforts are certainly aimed at ensuring all banks strictly adhere to the guidelines in order to mitigate the potential damage cause due to cyber-attacks. While RBI has acknowledged the seriousness of cyber security and started acting upon it, it is a high time for other industrial sectors to treat cyber security as their top most business priority and not just an IT issue.
The Indians are currently witnessing a “Chinese smartphone revolution” in the country. The Chinese brands have not only cornered over half of the smartphone market by shipments to India, but also for the first time on record, there were no Indian companies ranked among the top five smartphone sellers in the country during the most recent quarter of business. So what’s going wrong with the Indian players and their strategy? Can they ever fight back their contenders and win the smartphone battle in their own home territory?
Every business is becoming a software business, the adage goes, which means cloud outages would ultimately result into business outages. It is hardly surprising then that a massive outage at Amazon Web Services [AWS] knocked down countless websites and impacted many businesses across the world this week. However, the most proactive CIOs should take lesson from these failures and move on so that they can withstand any cloud failure in the future.
One of the largest technology shows of the year, the Mobile World Congress (MWC) takes place every spring in Barcelona and brings together some of the world’s most prominent tech companies to show off their latest innovations. This year, while the attention grabbing headlines are primarily reserved for the latest smartphones and tablets that are on display, the scope of the show has widened as there was also much for the enterprise to consider. Here are some of the key developments the business world should pay particular attention to at this year’s MWC event.
The increasing adoption of automation and the Internet of Things [IoT] has put the industrial security at stake. It is important for CISOs and OT heads to understand that their role is now not restricted to just approve a check-the-box compliance report and a greater level of collaboration is needed to lay the foundation of a holistic security for industries. Sridhar Namachivayan, Regional Director - India & SAARC, Skybox Security, offers insights on the current state of industrial security in India and the steps needed for holistic security of critical infrastructure in the country.
Capillary Technologies, which offers CRM solutions to retailers, and helps enterprises grow their businesses by engaging with customers via omni-channel strategy, is betting big on Asian market, with India as the key focus. The Bengaluru-based company is planning to grow 2X by March 2018 looking at a whopping $50 million revenues target by next fiscal. Aneesh Reddy, Co-founder and CEO at Capillary Technologies, in an exclusive interaction, explains the gains in the omnichannel and offline retail space as well as shares the company’s ambitious growth plans over the next one year
Nokia is set for a comeback in a big way. The Finland-based HMD Global unveiled Nokia 3, Nokia 5, Nokia 6 Android-based smartphones, available for purchase in Q2 2017 for 139 euros, 189 euros and 229 euros respectively. Simultaneously the company also released a new Nokia 3310, the company’s revamped version on an old classic. This is a feature phone variant made for Nokia lovers and will be offered at a price of Euros 49. Is it a new beginning for the Nokia brand?
Gone are the days when the cyber thief and cyber-criminal was a slow breed and the speeds of the attacks were as manageable. Now they are far more precise, far more nimble and yes, far more fast and devastating. The way cyber threats has been managed so far is definitely not working anymore. Enter the threat lifecycle based defense approach, which has the potential to take care of all these issues, and some more, says Vijay Bharti, Vice President and Head - Security Services at Happiest Minds Technologies.
Kishore Nambiar, Associate Vice President, HCL Infosystems in an exclusive article writes about the role of IoT in the Indian business landscape. He explains how IoT has gradually evolved from its earlier avatars, such as M2M (machine-to-machine communications). Let us examine what are the key drivers of IoT today that are driving its wide scale adoption.
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