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7 types of tech debt that could cripple your business

CIO Business Intelligence

Accenture reports that the top three sources of technical debt are enterprise applications, AI, and enterprise architecture. What CIOs can do: Avoid and reduce data debt by incorporating data governance and analytics responsibilities in agile data teams , implementing data observability , and developing data quality metrics.

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Lean Isn’t Always Lean: There Are Lean Cores And Lean Cores In Banking

Forrester IT

A few days ago, I discussed application architecture in banking with a banking software vendor. Starting from there, we had a look at that vendor’s core banking solutions and further back-end systems such as trade finance. The vendor quickly suggested that its solutions align with Forrester’s concept of a lean core.

Banking 482
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Can serverless fix fintech’s scaling problem?

CIO Business Intelligence

The latter option had emerged as a compelling solution, offering the promise of enhanced agility, reduced operational costs, and seamless scalability. Financial services unique challenges However, it is important to understand that serverless architecture is not a silver bullet. Architecture complexity. Legacy infrastructure.

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Enter the next phase of Industry 4.0 with edge AI

CIO Business Intelligence

What companies need to do in order to cope with future challenges is adapt quickly: slim down and become more agile, be more innovative, become more cost-effective, yet be secure in IT terms. Generally speaking, a healthy application and data architecture is at the heart of successful modernisation.

Industry 305
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Forrester’s 2023 Enterprise Architecture Awards Winner And Finalists For The Americas

Forrester IT

Bank, and finalists Rockwell Automation and Takeda Pharmaceuticals have used outcome-driven enterprise architecture for business success. Learn how our winner, U.S.

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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. 5G aids customer service. 5G aids customer service.

Banking 363
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Making your enterprise architecture framework work for you

CIO Business Intelligence

More organizations than ever have adopted some sort of enterprise architecture framework, which provides important rules and structure that connect technology and the business. The results of this company’s enterprise architecture journey are detailed in IDC PeerScape: Practices for Enterprise Architecture Frameworks (September 2024).