Every single online business or company with a website is inadvertently involved in the war against cybercrime. Businesses are spending more than ever to keep their data secure. In fact, by 2021, businesses will have spent over $1 trillion on cybersecurity. However, this does not seem to be slowing down the rate of cybercrime in the least. According to the latest research from … [Read more...] about 3 Simple Ways to Integrate Big Data into Your Current Security System
Virtual reality is among the most hyped technologies of the last three decades. It's been the next big thing since I was a child. I remember excited TV reporters donning huge VR headsets to navigate blocky and pixelated landscapes as far back as the nineties. But, in the last three or four years, it looked as if the hype was becoming a reality. Companies like Facebook and … [Read more...] about Is Virtual Reality eCommerce Dead?
Storefronts and stalls have been around since biblical times, and even now, one just has to walk around London to see stores that are hundreds of years old. Take Fortnum and Mason, for example, founded in 1707 and still trading in the same building. Retail has not fundamentally changed much over the millennia. However, since the internet revolution of the mid '90s and the … [Read more...] about The Fall of the High Street and the Rise in Importance of Data
If you aren't running a business named Amazon, you're likely to feel the pressure of big data pushing small retailers out of business at an astounding rate. It's a bigger issue than the simple existence of Amazon. 2017 was a year to remember for all the wrong reasons as multiple retailers struggled to stay afloat despite already holding healthy market shares or a strong … [Read more...] about Why Retailers Are Losing Ground by Failing to Utilise Big Data
Growing investments in Artificial Intelligence (AI) technology have transformed many areas in the business world, especially among high-tech and financial organisations. External spending on AI-related projects went up to $12 billion in 2016. Companies looking into AI may focus on the potential for automating low-skill tasks, but they are overlooking a major opportunity. … [Read more...] about How Artificial Intelligence Will Change Corporate Governance