United States-based insurers are the most interested in cryptocurrency investment according to a Goldman Sachs global survey of 328 chief financial and chief investment officers regarding their firm’s asset allocations and portfolios. The investment banking giant recently released its annual global insurance investment survey, which included responses regarding cryptocurrencies for the first time, finding that 11% of U.S. insurance firms indicated either an interest in investing or a current investment in crypto. Speaking on the company’s Exchanges at Goldman Sachs podcast on Tuesday, Goldman Sachs global head of insurance asset management Mike Siegel said he was surprised to get any result: “We surveyed for the first time on crypto, which I thought would get no respondents, but I was surp...
Zakhe Khuzwayo, co-founder and CFO at InnoVent. CFOs and CIOs, collaborating to drive the accelerated digital transformation necessitated by rapid technology advances and COVID-19, now have a smart alternative to traditional financing and management of IT assets that boosts business efficiencies and competitiveness. Rapid technology advances driving the 4IR (Fourth Industrial Revolution), as well as the impact of COVID-19, has accelerated digital transformation in organisations, transforming IT overnight from a back-end support function into an essential enabler for all business operations. Such a shift requires greater access to top technology, resulting in IT spending reaching an all-time high as organisations swop offices for work-from-home and virtual meetings; physical shops for e-com...
As South Africa enters the tenth week of the nationwide lockdown, the business focus has shifted from enabling employees to work remotely to now planning for what the new normal is likely to look like. This requires CIOs to balance existing organisational priorities with ways of becoming more adaptive to the changing environment. Critical to this is decisive decision-making that positions the business for growth. For small to medium-sized businesses that do not have all the skills in-house to transform their IT environments, decision-makers should consider going the outsourcing route. By partnering with a managed service provider (MSP) that can deliver everything from a cloud-readiness audit through to helping identify the technology gaps that exist between the business strategy and what i...
Sourced from Syspro. While digital transformation has ostensibly been on top of the CIO’s agenda for years, the reality is that many businesses have been slow on the uptake. Recent events like the lockdown in South Africa and across the world have forced their hand, and those that were on the back foot are now scrambling to keep up. However, when it comes to accelerating digital transformation, businesses need speed, not haste. Now more than ever it is essential to understand that technology is an enabler, a means to an end and not the end itself. In order to succeed, it is critical to begin with a strategy, to understand what business benefits need to be achieved and how technology can assist. No more delaying the inevitable /* custom css */ .tdi_3_558.td-a-rec-img{ text-align: left; }.td...