May 1 – 5 Key Stories From The Digital World

By April 30, 2019 Insight

1. Unleashing Innovation With Collaboration Platforms

  • Recent research conducted by Gartner states that over 50% of team communication occurs through collaboration platforms
  • Demand for collaboration platforms is already at an all-time high, particularly with the proliferation of SaaS-based subscription models
  • businesses should focus more on how their distributed teams orchestrate collaboration…specific collaboration platforms they choose are less important

2. Going digital in collections to improve resilience against credit losses

  • Analytics can improve segmentation efforts and enable tailored contact strategies
  • Regulators have lately welcomed analytics applications that allow issuers to improve customer differentiation and tailor contact and collections strategies
  • Digital-first customers inhabit an app-based world…expect to address their delinquency in their own time, through easy-to-use self-serve channels

3. How Big Data Can Inform Investment Decisions

  • Because all of these data are available now, investment managers are trying to get as much data as they can to make better investment decisions
  • These are data that are even more granular and provide information in a more timely manner than they have gotten before
  • at least 20% of hedge funds with more than $1 billion in AUM (assets under management) have multiple people dedicated to finding these alternative data sets

4. Estonia’s e-revolution rolls on: Now it’s first in Europe with cross-border e-prescriptions

  • Estonia and Finland are the first countries that have been able to develop and integrate the services and fulfill all the European requirements
  • By the beginning of March, more than 500 cross-border prescriptions have been dispensed
  • Estonians should be able to use their digital prescriptions abroad in Finland, Greece, Cyprus, and Portugal in summer 2019

5. Ford to offer Amazon in-car delivery and on-demand car washes in connected services push

  • shows how Ford is looking for new ways to make the car — or truck — an essential asset that does more than provide the means to get around
  • announced Tuesday that other businesses are able to integrate their apps with Ford and Lincoln connected vehicles to offer additional new services
  • “…this is really just the beginning of what we can deliver to our customers using a connected vehicle.”