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Remote working Product digitisation and remote working are driving business sustainability
Covid-19 has accelerated the digitisation of business processes – from product inception to customer interaction and work practices. A 2020 study by McKinsey showed that in 2019, the average share of digital customer interactions amounted to 32% of all customer interactions, while the share of products and/or services that were partially or fully digitized made up for 34% of all goods and services in Europe.
23 Sep 2021
IT & technology Defending key national infrastructures from cyber attacks
The possibility of Malta’s power grid being hit by a disruptive cyberattack is not remote. In October 2019, Siemens and Ponemon published the findings of a worldwide joint survey carried out on a sample of 1,700 utility professionals responsible for cybersecurity within their companies (1).
16 Dec 2019
Artificial Intelligence Malta’s national AI strategy: is the country ready?
The Maltese government has officially launched its national AI strategy during the Delta Summit 2019. The document is a blueprint for the progressive introduction of AI into Maltese society, which will position the island as a centre of excellence for artificial intelligence-backed technologies. The strategy, which sets a vision for Malta to become the “Ultimate AI Launchpad” by 2030, relies on the attainment of three strategic objectives.
28 Oct 2019
Cyber security 5 simple steps to protect your office data from hackers
Digital threats to companies are on the rise, and organizations worldwide are investing a growing share of their budgets to secure their networks. A report published by digital security specialists Gemalto reveals that 945 data breaches led to 4.5 billion data records being stolen worldwide in the first half of 2018.Here are a few easy steps to follow in order to mitigate the risks posed by a cyber-attack at your workplace.
31 May 2019
Artificial Intelligence Human-centric artificial intelligence: a European approach
Since homo sapiens developed from earlier primates c. 300,000 years ago, we have constantly improved technology to serve our needs efficiently and with less effort.
23 Apr 2019
Artificial Intelligence Ethical considerations surrounding artificial intelligence
There is little doubt about the fact that AI and robotics will be two of the most defining technology accelerators of this decade. Apart from their deployment in the field of business, these technologies bear potential to enhance the quality of life of millions of individuals worldwide.
17 Apr 2019
Technology Leveraging knowledge in a data rich world - Big Data and Business Analytics
We all heard about “big data”; which is incomprehensibly large data generated by real people. To give you an idea of scale; 90% of all data was created in the last 2 years, and we currently generate c. 2.5 quintillion bytes of data a day.
12 Mar 2019
Technology How companies are using Big Data
Big data analytics refers to the possibility of gathering and analysing a substantial amount of data through advanced Business Intelligence (BI) software systems.
08 Mar 2019
Growth iQ Who's embracing in the latest finance technology?
Only around half of businesses have a clear strategy and business case for enhanced digital transformation within the finance function. Is your organisation ready to make better business decisions?
21 Nov 2018
Blockchain Malta leading the blockchain revolution
Many predict that DLT is reinventing and transforming key industries and creating new business models, making every transaction transparent, democratic, decentralized, efficient and secure. The belief in blockchain’s potential is so widespread that financial and tech entities have invested an estimate of $1.4 billion in 2016, which is expected to go up to $2.1 billion in 2018.
08 Nov 2018
Budget Malta Budget 2019
Monday 22 October 2018 marks the presentation of the 2019 budget of this government aimed at stimulating economic growth, reducing government debt and delivering a budget surplus year on year.
19 Oct 2018
IFRS Accounting for cryptocurrencies
Cryptocurrency is digital or ‘virtual’ money, which uses cryptography to secure its transactions, to control the creation of additional currency units, and to verify the transfer of assets. Cryptography itself describes the process by which codes are written or generated to allow information to be kept secret.
27 Aug 2018
Blockchain Fairer and just societies using blockchain
Although blockchain technologies are mostly associated with Bitcoin and the current ICO craze going on right now, another less mentioned feature that blockchains enable are the use of smart contracts for computation. Not many people are aware of the possibilities that come from smart contracts and such technology will revolutionize the way the Internet works and perhaps how our societies function.
27 Sep 2017
Intelligent Business Preparing your business for the GDPR
On 25 may 2018 the European Union's new data protection law comes into effect, it will govern all businesses operating within the union and embed a more consistent approach to data protection.
20 Sep 2017
Digital Currency Will our government issue a digital currency?
Blockchain.com CEO and founder Peter Smith has recently stated that within 24 months we will see the emergence of a government-backed digital currency.
09 Sep 2017
Blockchain technology Moving forward
Exploiting the full potential of Blockchain requires a solid technology infrastructure, along with the necessary skills to set it up, maintain and operate it.
10 May 2017