Financial Services

What the Internet of Everything Means for Insurance

Moving to one-to-one relationships: It’s incredible to think about the impact and influence. Cisco predicts $14.4 trillion of value will be “at stake” over the next decade, driven by “connecting the unconnected” through the Internet of Everything (IoE). IoE triggers a 19 trillion dollar global opportunity based upon the growth statistics of more than a […]

April 30, 2014

FINANCIAL SERVICES

Turn Big Data into Insights and Opportunities with Data Virtualization

IoE and the Insurance Impact The Internet of Everything (IoE) and its impact on financial services and more specifically, insurance, is at its infancy. Many other industries are already taking advantage of data coming from historically non-communicative devices to make changes to processes, automate inventories and adjust the amount of water required for farming. As […]

April 28, 2014

FINANCIAL SERVICES

Wrap-up: Cisco at HPC for Wall Street

We recently returned from another great experience at the High Performance Computing Linux for Wall Street event in New York on April 7, 2014. This year’s 11th annual HPC conference focused on big data, HPC applications, data centers fabrics, cloud economics, low latency and how these technologies are all changing the way global financial markets are evolving. […]

March 28, 2014

FINANCIAL SERVICES

Open 24 Hours: Bringing the Full Capabilities of the Branch to Digital Channels

In my previous blog I introduced the series with the idea that financial services firms are now being expected to operate and be “Open 24 Hours.” Underlying this is...

March 26, 2014

FINANCIAL SERVICES

Delivering a Next Generation Customer Experience – Cisco at CDM’s Customer Experience Summit

We had a wonderful time at CDM’s Customer Experience Summit in Chicago, IL last week. CDM Media Summits bring together leading C-level executives, analysts and solution providers to network and attend interactive agenda sessions on the latest business topics and trends. At the event, we gave the opening keynote presentation to address how enterprises can […]

March 17, 2014

FINANCIAL SERVICES

Mayday for Insurance and Financial Services

According to Wikipedia, “mayday” is an emergency procedure word used internationally as a distress signal in voice procedure radio communications. It derives from the French expression “venez m’aider“, meaning “come to help me.” Most recently, the term has been used to describe a special feature Amazon now offers Kindle Fire HDX users when they need […]

March 10, 2014

FINANCIAL SERVICES

Virtual Bankers Save Hours and Dollars

We are looking forward to an exciting 2014 where many are predicting this is the year of the Internet of Everything. We foresee this trend affecting the banking industry as well. As most consumers get connected using their latest version of a smartphone, mobile tablet, or gaming system, these technologies are changing how consumers interact in […]

February 18, 2014

FINANCIAL SERVICES

The New Price of Attracting and Retaining Insurance Customers

The insurance industry is facing a massive evolutionary shift driven by competition and changes in consumer preferences. The competitive battle is easy to see, as insurers delve out billions in advertising and marketing expenditures in an effort to attract and retain customers, while maintaining top of mind brand awareness and differentiation. And adding to the […]

February 17, 2014

FINANCIAL SERVICES

Banking Operating Models – Then and Now

A recent poll by American Banker Magazine reported on the impressions of the future of banking and generated some interesting perspectives about what the future will be like. While there were several insights, one comment especially captured the essence of the future: “The future model of banking will center around dramatically increased simplicity delivered through […]