The Cloud - Best Innovation Group

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Amazon Brings Artificial Intelligence To Cloud Storage To Protect Customer Data

Amazon has become the first public cloud provider to blend Artificial Intelligence with cloud storage to help customers secure data. The new service dubbed Amazon Macie relies on Machine Learning to automatically discover, classify, and protect sensitive data stored in AWS. This service reports potential risks involved with the stored data, its permissions, and access patterns.


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Why The Cloud Is The Biggest Disruptor In Every Business Today

The first sign that the cloud was going to take over the world came in 2008 when research firm Gartner introduced cloud computing on its closely-followed hype cycle, which ranks fledgling technologies based on how the market perceives them and how far they are away from mainstream adoption.

At the time, Gartner predicted that the cloud was 2-to-5 years away from going mainstream, and few people outside the world of enterprise computing really understood the concept of accessing software and services remotely via the Internet rather than from locally-installed servers. Google Docs, arguably one of the first truly mainstream applications of cloud computing, was still a year away from coming out of its beta testing stage.


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The world’s most valuable resource is no longer oil, but data

A NEW commodity spawns a lucrative, fast-growing industry, prompting antitrust regulators to step in to restrain those who control its flow. A century ago, the resource in question was oil. Now similar concerns are being raised by the giants that deal in data, the oil of the digital era. These titans—Alphabet (Google’s parent company), Amazon, Apple, Facebook and Microsoft—look unstoppable. They are the five most valuable listed firms in the world. Their profits are surging: they collectively racked up over $25bn in net profit in the first quarter of 2017. Amazon captures half of all dollars spent online in America. Google and Facebook accounted for almost all the revenue growth in digital advertising in America last year.


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Public Vs. Private: Which Cloud is Right for Your Credit Union?

Before deciding to shift some of your operations to the cloud, it's important to remember that cloud adoption is an overall business strategy for your CU, not just a function of IT. For most, a credit union cloud solution is in line with the CU's overall business goals of increased efficiency and cost control, and its adoption will streamline many aspects of your operations. Once your cloud strategy is set, you have to decide what model of cloud will be best for your credit union.


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The Cost Of Holding Onto Old Data Tech

Even more than a lack of money or time, corporate culture can sometimes be the largest barrier to change within an organization — and that rings true when it comes to adopting new and better technologies. Analysis recently released by data analytics software company SAS found that internal leadership plays a key role in a company’s ability to integrate new technologies.


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The Importance Of Data Access For Fintech

Over the past few years, consumers have gained more control than ever over their financial lives. This is largely thanks to the emergence of a technology ecosystem focused on improving financial services. For example, people today are better equipped to invest with fair fees using Betterment, prepare for retirements with innovations like Guideline, settle debts with friends with Venmo, set savings goals -- and actually meet them -- with Digit and Qapital, and get fair loans with LendUp. These applications represent just a handful of the applications that have emerged in the last few years to help better people's financial lives (note: These companies use my firm's API solutions).



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