Weekly Rewind: Top 10 Stories On CXO Today - (Jan 23-28)
The week that passed by saw some interesting happenings that can have an impact on enterprise decision makers globally as well as in India. Cybersecurity once again becomes the key focus of this week as a new research reveals that companies still do not prioritize encryption as a defense technique for securing the data. We have an exclusive interview with eminent cyber law expert Advocate Prashant Mali, who shares key recommendations for the proposed amendments of the existing Information Technology Act 2000 in India. This week, tech major Microsoft also announced it will continue to sink $1 billion every year in security research and development in order to battle cyber-attacks in order to protect users sensitive data.
We bring to you some interesting technology innovations by enterprises this week. After a robotic reporter that created waves in China last week, India too sees developments in robotics in the healthcare segment. Trained doctors at Narayana Health achieved a remarkable feat of completing more than 100 robotic surgeries in less than six months. In yet another interesting update, IT services firm Genpact takes a big leap in gender diversity by extending the fully paid maternity leave for its female employees in India from 12 weeks to 26 weeks.
Starting this week will bring to you pre-budget expectations from the industry. This week we highlighted on a critical industry - Telecommunications - as experts are hoping that this year’s Union Budget will finally give telecom its due importance by identifying some of the most pertinent issues that can help them effortlessly operate in a highly competitive environment.
There were also some important executive movements this week. Former Xiaomi Vice President, Hugo Barra joined Facebook to oversee the social network’s virtual-reality efforts, including the work of the Oculus VR team. Xerox named Steve Hoover, as chief technology officer. Finally, Wipro has announced that T K Kurien, long time veteran and executive Vice Chairman and Member of the Board will retire on January 31.
Like every week, we also have for you interesting news analysis, research reports, infographics, blogs and expert columns on various emerging technology trends and updates in the enterprise space.
Here are some of the top stories of the week on CXOToday you would not want to miss.
The pace of technology change is breathtaking, and it is upto the decision makers to leverage technology to create positive change, improve lives, and transform business and society. A recent Accenture survey predicts the most significant technology trends that executives should apply to disrupt business decisions over the next three years.
From radiation treatment to eye surgery, rehabilitation to hair transplantation, and robot therapists to robotic pharmacists, healthcare robots are transforming the fields of medicine across the globe. And now we see this trend in India too, where trained doctors at Narayana Health achieved a remarkable feat of completing more than 100 robotic surgeries in less than six months.
Taking a serious note of the potential threat of state sponsored cyber attacks, the Indian government is now mulling crucial amendments in the existing Information Technology Act 2000. Advocate Prashant Mali, eminent cyber law expert and President Of Cyber Law Consulting explains how these amendments are aimed at strengthening the present cyber security architecture in the country and shares crucial recommendations for the proposed amendments.
India’s mobile revolution is hard to ignore. More so, with digitization and the recent demonetization measures by the government, there’s no doubt that the country is all set to embrace the next phase of growth from mobile-first services, making telecom industry’s role even more crucial. The industry is hoping that this year’s Union Budget will finally give telecom its due importance by identifying some of the sector’s most pertinent issues that can help them effortlessly continue their business and ring in more revenues.
Indian IT companies are increasingly realizing the importance of gender diversity and its impact on business. IT services firm Genpact, that has always implemented initiatives to provide equal opportunities to women and men, has taken another leap by extending the fully paid maternity leave for its female employees in India from 12 weeks to 26 weeks.
Investments in big data are getting bigger, but big results are still eluding most organizations, according to a new survey conducted by business analytics firm SAS that found that many of these projects are still in the early stages and failed to derive value owing to challenges such as data integration, complexity and integrity, besides culture, skills and access to appropriate technology.
In a bid to strengthen its position in the software and applications space, networking major Cisco announced its acquisition of AppDynamics, a privately held application intelligence software company based in San Francisco for approximately $3.7 billion in cash. Cisco’s announcement comes a week after Hewlett Packard Enterprise (HPE) said it would buy cloud startup SimpliVity for $650 million.
’Digital India’ and other digital drives have unleashed opportunities for big brands, regional brands and startups to hack growth and generate new revenue stream from non-consumers and then improve wallet share of existing consumers. In such a scenario, brands need to leverage on mobile advertising to maximize opportunities and engage directly with the end consumer.
Despite a whopping rise in cyber security breaches across the world, companies still prioritize network and endpoint solutions over encryption, reveals a new study, as a result of which data protection tactics do not match today’s threats in most cases. The researchers state why organizations should leverage encryption and access controls as a primary defense for data and consider an ‘encrypt everything’ strategy.
The Indian mobile handset companies have been severely hampered following Indian government’s decision to demonetize Rs 500 and Rs 1,000 banknotes in the quarter that ended in December. Home-grown smartphone makers were also facing tough competition from their Chinese counterparts, who in turn ruled the Indian smartphone markets in recent months.
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