Emerging technologies such as AI, 5G, DLT, and quantum are increasingly being used by financial services firms and are forming clusters that are driving innovation throughout the sector. These advances can offer new services and savings to both customers and financial institutions.
Smart home, a house equipped with internet-connected devices for controlling, automating and optimizing functions such as temperature, lighting, security or entertainment, either remotely or through a system within the house.
The COVID-19 pandemic is continuing to disrupt both manufacturing and global supply chains. Governments in the Middle East and North Africa (MENA) region have responded quickly by restricting the movement of people in order to contain the virus.
The COVID-19 pandemic has accelerated a shift to new ways of working, prompting companies to reimagine how, where and by whom work gets done. This shift was already under way with the technological changes of the Fourth Industrial Revolution.
Recent technological advancements have ushered in a new era of the “internet of bodies” (IoB), with an unprecedented number of connected devices and sensors being affixed to or even implanted and ingested into the human body. The IoB generates tremendous amounts of biometric and human behavioral data.
The discovery of diagnoses and treatments that could save or improve lives requires access to large data sets, but such access has historically been blocked by variations in data security, patient privacy and data interoperability issues globally.
The COVID-19 crisis has thrown into sharp focus the importance of digital connectivity in daily life. As many countries underwent lockdown periods, digital infrastructure was critical to mitigate the impact of stay-at-home restrictions.
Genomic data collection is accelerating in historically understudied and excluded populations. The information will fill knowledge gaps, spur medical discoveries and lead to more targeted and appropriate care; however, it comes with significant risk if ungoverned.
As the COVID-19 pandemic has swept the globe, putting immense pressure on healthcare systems and economies around the world, connectivity needs have changed abruptly. The response to COVID-19 has significantly affected connectivity trends, mobile technology use cases and the outlook for 5G deployment and adoption.
COVID-19 is a watershed moment for the digital transformation of business. The rules for success have changed and are ever more reliant on harnessing the power of digital models to create new value and experiences. Accelerating digital transformation, with purpose, is essential for companies to survive and thrive in the new normal.