CXOInsights by CXOCIETY

Digital disruption continues to be a pre-occupation for financial services institutions in Asia. China may have led the region in terms of the digitalization of certain elements of financial services, for example, lending, insurance, and payments, but the ASEAN countries are not far off. The COVID-19 pandemic has accelerated this race to transformation and in the process changed the way people wor...

In the report, 2021 Strategic Roadmap for Edge Computing , Gartner analyst Bob Gill wrote that Edge computing is entering the mainstream as organizations look to extend cloud to on-premises and to take advantage of IoT and transformational digital business applications. Infrastructure & Operations (I&O) leaders must incorporate edge computing into their cloud computing plans as a foundatio...

“One of the challenges operators face is simply the need for speed, driven by the increasing bandwidth consumption to new applications such as e-commerce, e-gaming and video streaming,” said Dion Leung, managing director for ASEAN, Ciena, comments  

“Experiencing any kind of service disruption or latency issues will inevitably affect the overall experience for any internet user, especially during a time where there is a greater dependence on digital products and services. Networks might be pushed past their limits if they don’t address the key issue of efficient resource allocation during peak periods of use,” said Dion Leung, managing direct...

“Network resiliency has become an increasingly important aspect to ensure reliable broadband connectivity. At the end of the day, consumer satisfaction is directly correlated to their experience of any kind of service disruption. It is important that operators consider network reliability and resiliency as early as possible during the budgeting cycle and the initial network design phase,” said Dio...

As enterprises continue to push the envelope of digital transformation, they also embracing the Internet of Things or IoT. Many IoT devices are built from standalone technologies that tend to fragment processes and information across the enterprise value chain.  Today CIOs are revisiting the IT-OT convergence IoT continues to get immersed into the enterprise fabric, and in the process reveal its p...

Analysts are predicting the digital economy to accelerate recovery. IDC forecasts that over 65% of the APAC GDP to be digitalized and spending to hit US$ 1.2 trillion between 2020 and 2023. One such forecast from Datacentrepricing estimates that there is one square metre of data centre for every 522 people in the Asia Pacific region, with hubs such as Australia, Hong Kong, and Singapore having a n...

That this remains true today is sadly reaffirmed in the results of a survey conducted by Vanson Bourne in the fourth quarter of 2020. Coming from enterprise banking, investments, crypto, insurance and fintech organisations, 87% of Asia Pacific respondents acknowledged that they consciously choose to violate laws and incur anti-money laundering fines “all the time”, “regularly” or “occasionally”. S...

Financial crime and IT are two things we don’t usually connect together. Typically, financial crime is something I’d happily discuss with the CFO and finance team. But given the amount of technology used at businesses today and the technologies available to the finance team to fight financial crime, perhaps today is a good day to discuss financial crime from the perspective of the CIO. In this Pod...

On 12 January 2021 , the enterprise performance management solutions provider for Financial Planning and Analysis (FP&A) revealed that the company had received an injection of US$100 million from venture capital and private equity firm Insight Partners alongside existing investors Iris Capital, eCAPITAL, and Wecken & Cie. Mark Velthuis, president for Asia-Pacific and Japan at Jedox, says E...

On 12 January 2021 , the enterprise performance management solutions provider for Financial Planning and Analysis (FP&A) revealed that the company had received an injection of US$100 million from venture capital and private equity firm Insight Partners alongside existing investors Iris Capital, eCAPITAL, and Wecken & Cie. Mark Velthuis, president for Asia-Pacific and Japan at Jedox, for AP...

On 12 January 2021 , the enterprise performance management solutions provider for Financial Planning and Analysis (FP&A) revealed that the company had received an injection of US$100 million from venture capital and private equity firm Insight Partners alongside existing investors Iris Capital, eCAPITAL, and Wecken & Cie. Mark Velthuis, president for Asia-Pacific and Japan at Jedox, says t...

On 12 January 2021 , the enterprise performance management solutions provider for Financial Planning and Analysis (FP&A) revealed that the company had received an injection of US$100 million from venture capital and private equity firm Insight Partners alongside existing investors Iris Capital, eCAPITAL, and Wecken & Cie. Mark Velthuis, president for Asia-Pacific and Japan at Jedox, acknow...

Invoice factoring or the practice of selling receivable-invoices to a third-party at a discount in exchange for getting the cash now is a legitimate option for businesses that know they cannot rely on banks or governments to keep them afloat. Why should a chief financial officer be interested in invoice factoring is the subject of PodChat for FutureCFO’s dialogue with Morgan Terigi, co-founder and...

IDC acknowledges that in some sectors of the global server market, there is a noticeable shift from buying infrastructure for own use as opposed to paying for computing resources from the data centre and cloud service providers.  "We certainly see areas of reduced spending, but this was offset by investments made by large cloud builders and enterprises targeting solutions that support shiftin...

Today, CTOs are the drivers of a company’s transformation strategy. They create new business models and digitise products—and they look after human resources and budget. As we begin the new year framed with the continuing disruptions brought about by the COVID-19 pandemic, we revisit the CTO role from the perspective of a practitioner and ask what have we learned in 2020 and what can executives in...

Business agility is the capability of a company to rapidly change or adapt in response to changes in the market. The concept is centred around handling operations and resources in a flexible, responsive manner to drive maximum business value.  One of the least understood, least discussed tools for enabling this agility is an event-driven architecture (EDA). It has appeared in a few other names in...

According to a Gartner report, consumer spending on wearable technology will double by 2021.  So what lies ahead for wearable technologies? What are the near-term and mid-term opportunities in hearables?  Kow Ping, executive director and co-founder at Well Being Digital, a Hong Kong tech company focused squarely on the hearables marketplace shares his views on bearable trends in 2020 and beyond. 1...

Walter Chan, Managing Director and Head of User Research of Field Resources Consultant, shares his opinion on whether virtual insurers in Hong Kong can replicate the success of their counterparts in China.

Walter Chan, Managing Director and Head of User Research of Field Resources Consultant, shares his opinion on the role of the insurance regulator in growing the virtual insurance market in Hong Kong.

Following the release of a survey on the virtual banking scene in Hong Kong, Walter Chan, Managing Director and Head of User Research of Field Resources Consultant (Hong Kong) Limited, shares the results of the survey and his opinion on the prospects for the burgeoning industry in the city. He covers the following questions: Hong Kong has an extensive and established network of retail, commercial...

As 2021 approaches, many companies have begun preparing for new technology investments. According to analysts, financial planning and analysis solutions (FP&A) will make up a significant portion of that investment. In addition, as companies emerge from the pandemic, there will be an accelerated need for solutions that allow for increased agility and faster decision making. In today’s PodChats...

Survival for some organisations has hinged on how well they optimise use of capital. What is unique about the COVID-19 crisis is that digital transformation initiatives received a renewed sense of urgency putting even greater pressure on the CFO to understand what investments can deliver the most return to the company’s tactical and strategic goals. In this episode of PodChats for FutureCFO, we sp...

One of the characteristics of the workplace of 2020 has been the lack of people in the office. COVID-19 saw a significant proportion of businesses adopt remote work in support of efforts to contain the pandemic. Malls, shops and retail stores also saw dramatic closures in some markets crippling tenants who continue to pay for spaces they can’t use because of pandemic containment mandates. Is there...

E-commerce is both exciting and scary. It continues to negatively impact brick-and-mortar businesses that refuse to acknowledge the value proposition of a borderless commerce model. With forecasts for growth of US$4.9 trillion in 2021, it promises to continue to be an exciting place to be in. In particular, Asia has become the world’s largest e-commerce marketplace accounting for 59.7% of online r...