Weekly Rewind: Top 10 Stories On CXO Today (May 15-20)

by CXOtoday News Desk    May 20, 2017

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The week that passed by was not an ordinary one. It created history in more ways than one, not only for global technology and business leaders, but for millions of people, industries and governments throughout the world who use a computer. As many around the world were preparing for the Mother’s Day weekend, the WannaCry ransomware attack hit over 70,000 organizations in nearly 100 countries in just one day. After the weekend, the attack had affected over 150 countries and may yet continue to spread. It has become the largest ransomware attack in history. CXOToday brings to you a series of articles on everything you would want to know about the WannaCry ransomware, expert views and how organizations can prevent themselves from such deadly attacks.

Much ahead of the festive season, rivals and ecommerce leaders, Flipkart and Amazon were locked in an intense battle for leadership in the booming e-commerce market in the country by announcing big sales, wooing customers with deals and big discounts. While homegrown ecommerce marketplace Flipkart kicked off its 10th-anniversary celebrations by bringing in what’s claimed to be the biggest sales of the year – The Big 10 sale.  Around the same time, global retail giant Amazon has also announced its ‘Amazon Great Indian Sale.’ The real gainers were the customers, who got the best deals and discounts online - something they always look forward to.

The other attractions of this week include a feature on ‘World Telecommunication Day’ and how big data analytics can help telcos become more productive. Google’s announcement of an Artificial intelligence-first world as explained by CEO Sundar Pichai at the Google I/O 2017 conference this year also needs a special mention.

Like every week, this week too, we also have for you interesting interviews, case studies, infographics, and expert columns on various emerging technology and market 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. 

CISO Lessons From The World’s Biggest Ransomware Attack

What can be termed by experts as the ‘biggest ransomware attack in history’ has put cyber security professionals to a rigorous weekend saving credentials. This relatively young piece of ransomware called WanaCrypt0r that been spreading rapidly since Friday, infecting over 75,000 machines in more than 150 countries and hammered industries of all kinds. An international manhunt is underway for the hackers. And all this indeed is a wakeup call for CISO. Here’s what the experts had to say. [Read more]

WannaCry Effect: Is India Ready For More Attacks?

Enterprises are waking up to a new wave of cyber-attack as WannaCry spreads its notorious wings. While globally, the ransomware hits over 2 lakh computers, India was one of the worst hit nations by WannaCry as more than 40,000 computers were affected. However, the threat is far from over. Experts believe that several large-scale, stealthy cyber-attacks are underway, the biggest among those linked to WannaCry called Adylkuzz, can soon assault computers worldwide. And there are many more to come. The bigger question is, are Indian enterprises ready for such attacks and what’s the road ahead? [Read more]

CISO Should Prioritize Business Function More Than Security

The role of CISOs is steadily becoming critical in the Indian enterprise. However, not many are still proactively involved in the business discussions and few collaborate with other business heads on the information security deployments. Michael Joseph, Regional Director – System Engineering, India & SAARC, Fortinet, explains how CISOs role should be driven towards security infrastructure deployment in the organization. [Read more]

Flipkart Vs. Amazon: Here’s What The ‘Big’ E-Commerce Battle Reveals

E-commerce leaders and long-standing rivals Flipkart and Amazon, recently batted it out in the online space by launching special sale campaigns. For Flipkart, which is celebrating its tenth anniversary, the Big 10 Sale from May 14 to May 18 has given the company business equal to the non-sale business it sees in a month and Amazon too witnessed its biggest fashion sale ever during their Great Indian Sale from May 11 to May 14, the companies mentioned in separate statements. What also becomes evident is that discounts [both in the online and offline space] can be a major driver behind high-volume sales and acquiring customer loyalty. [Read more]

Tech Leads The Way For E-Tailers: Voonik CEO

Online fashion marketplace Voonik is seeing a steady movement towards prepaid orders that helps them in delivering better customer experience.  Sujayath Ali, CEO and Co-founder, Voonik informed CXOToday that in the coming months, the company aims to focus on profitability and customer experience. Also as the company that believes in enhancing through technology, Ali discusses how the company has developed a few technology solutions that has helped them solve fashion marketplace problems on a day to day basis. [Read more]

World Telecom Day: How Big Data Can Help The Sector

The theme for this year’s World Telecommunications Day is “Big Data for Big Impact.” And rightly so. Big Data technologies have the potential to transform the telecom landscape across the world as the sector itself generates tons of data. In fact, global research firm Gartner confirms this trend and says that companies are gathering much more data than was ever possible and that Data Analytics will continue on to grow exponentially by 800 percent over the coming five years. It’s time for the telecom industry to leverage data analytics and take advantage of this data deluge. [Read more]

Cloud Solutions Aid HelpAge India Enhance Elderly Care

HelpAge India is a philanthropic body that serves the needs of the elderly through its 250 locations across 23 states in India. The charity was however facing a big challenge in getting the right resources and supplies for them, while remain accountable to donors and other stakeholders. In an enlightening conversation with CXOToday, Partha Bardhan, CIO, HelpAge India, mentioned how migration to ERP cloud applications not only helped them automate the processes and reduce operational expenses, but enables them to focus on their core function – caring for the elderly, rather than on the processes. [Read more]

Oracle Bets On India To Grow Cloud Business

Technology major Oracle has chosen India as one of its key markets to take on rivals Amazon, Microsoft and Google and hence, it has taken the cloud route seriously. Of course reasons like Safra Catz’ strong faith on Digital India initiatives of PM Narendra Modi that made her revisit India in less than a year, could not be ignored.  This has made the company even more bullish to focus on the country’s enterprises and government sectors. At its flagship event Oracle OpenWorld in New Delhi, held for the first time in the country, the company announced a slew of cloud-based initiatives for the Indian market, including  the opening of a new Oracle data center in India over the next one year. [Read more]

AI And Other Key Takeaways From Google I/O 2017

Like every year, Google kicked off its annual Google I/O 2017 developer’s conference in California, showcasing some of its biggest innovations for the coming year. However, this year the tech giant made it very clear that it is moving from a mobile-first to an artificial intelligence (AI) first world, haring his vision about the company’s “AI-first” world. CEO Sundar Pichai mentioned that the company is using machine learning and deep learning in all its products, from search to data centers, and Cloud to Google Assistant. With AI at the center of all discussion, here are the key takeaways from the Google I/O 2017 conference. [Read more]

ITSM Is Key To Digital Transformation

US-based cloud and IT service management [ITSM] company, ServiceNow, with its India office in Bengaluru, claims that with its innovative solution, businesses can replace their various unstructured work patterns of the past with intelligent workflows of the future. Venugopal S Arcot, Head- Solution Consulting-India, ServiceNow. In an exclusve conversation with CXOToday, Arcot explains why ITSM is key to digital transformation, the USP of the company’s offerings and its plans for the Indian market. [Read more]