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Of Low-Code, Digital Trust, and Staying Ahead of the Risk Curve

It's easy to throw shade on risk like it’s a bad thing. But all innovation involves risk. Which isn’t necessarily bad. Not if the consequences of being wrong about it don’t pose an existential threat. But businesses everywhere are struggling to cope with doomsday scenarios such as climate change, cyber smash-and-grabs, the global COVID-19 crisis, and more.

Looking ahead, risk trends will continue to evolve as digital transformation accelerates, as the remote work trend mainstreams, and as enterprise spending on the internet of things tops $1 trillion by 2023. For context, overall IT spending is expected to surpass the $4 trillion mark in 2021, up 8.6% from 2020 according to analyst firm Gartner. But here’s the kicker: just 22% of CEOs believe they have a risk-management playbook to sustain the resiliency and long-term success of their business.

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The Creative Process of Street Skating and What Open Source Folks Can Learn From It

"All skateboarders speak a language of our own devising. We take simple movements and chunk them together in such a way that we form more complex ones." - Rodney Mullen

The ethos of skateboarding is born out of a maverick spirit. It's wrought from verve and a stubborn determination to flow on one's own terms. There's a subtle rebelliousness in carving out tight lines along with hot asphalt, propelled forward by one's own power. Challenged by your physical environment, you go for it, bombing down a hill or grinding out a curb, making the most of exposed surfaces. You skate because you can.

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Google Cloud Changes in the Wake of Enterprise-Level Computing Transformation

It wouldn’t be wrong to state that the cloud computing arena has evolved beyond human contemplation over the past decade with companies usually at loggerheads when it comes to putting forth the first piece of technological innovation. Be it making development tools available for the users or increasing the efficacy of cognitive functions and machine learning principles, PaaS or Platform-as-a-Service has taken center-stage in this cloud-driven market. That said, at present, the competition has settled between Microsoft Azure, Google Cloud, IBM Cloud, and AWS, in regard to Enterprise-level cloud computing and other relatable strategies pertaining to digital transformation.

While AWS keeps leading the market with pioneered innovations, Microsoft has caught up courtesy of its pivotal role in the development of enterprise computing and IaaS offerings with the 365 Suite helping clients manage workloads with ease. IBM has also made a name for itself with a rich vein of security services, leaving Google anxious for necessary changes.

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How to Identify and Manage Risks at Software Project Planning Stage

Once upon a time, several blind sages groped an elephant in order to understand what it looks like. But everyone studied only the part of the animal that was closest to him. One said the elephant was like a snake, holding it by its trunk. Another held its leg and insisted that it looked like a tree. The third held a tail and said the elephant looked like liana. In the end, the wise men could not agree and understand how the elephant looks like.

An interesting fact is that each of them was right in his own way; each simply saw the situation only from his own side and refused to accept information from his peers. If they had put together their observations, then, most likely, they could compile complete information and see the whole picture.

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In a Software-Driven World, Who Is Responsible for the Risks?

The power of software to improve our lives and our world is almost limitless. Consequently, those creating software are wielding a power that demands a new level of responsibility.

When I think about how fast the world is changing, I wonder how our ancestors must have felt at the dawn of past industrial revolutions. Everything changed — the way we made, shipped, and sold goods evolved, and daily schedules and lives changed as people moved to cities to escape subsistence farming and find work in factories and mills. All of this change was fueled by new technologies and innovations. While many of these changes were positive, there were risks and costs, such as increased injuries, rising wealth inequality, and, as urbanization took hold, an increased spread of disease. It became the responsibility of factory workers, and in some cases the government, to address these concerns in order for our economy and society to flourish and grow.

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Financial Regulations: Neo4j Risk Management Platform [Infographic]

Financial regulation in the U.S. has become a complicated and fragmented system, but why?

Various authorities creating compliance laws include a cast of six federal regulating agencies: The Federal Reserve, the Office of the Comptroller of the Currency, the National Credit Union Administration, the Federal Deposit Insurance Corp., the Securities and Exchange Commission, and the Office of Thrift Supervision. There are also state bank regulators, adding even more agencies (and regulations) into the swirling, whirling mix you so desperately want (nay, need) control of.