Work is no longer a dedicated place. It’s wherever people perform at their best: at home, at work, on the road, and in many other places. — The gap between managers and employees is often rooted in a general lack of communication, transparency and trust. In the absence of a supportive work environment, feelings of separation can arise between managers and employees. Trust can help overcome barriers to adapting to teleworking and fosters organizational change and, therefore…

The metaverse will unleash amazing creativity and open new boundaries and horizons for brands and companies. — Co-Author Edres Balfakih, Metaverse CX Lead, Under Armour KSA Forward-thinking consumer apparel companies are using augmented reality to show how tailor-made shirts will look to the consumer in 360 degrees. This experience allows them to explore virtual showrooms, try on items, and get a 360-degree view of what they are…

Edge computing can help reshape the way medical care is delivered, but obstacles to widespread adoption remain. — Cloud computing has been considered core to digital transformation for the last years. Sectors that have particularly high security standards such as the healthcare sector have always been reluctant to implementing cloud computing strategies. The reason is not limited to the need of cloud data loss prevention measures that could…

Artificial intelligence and blockchain technology have the potential to revolutionize how we work, travel, relax and organize our society and our everyday lives. — Blockchain and artificial intelligence (AI) are emerging as the leading technologies driving innovation in the industry. Technological progress brings both opportunities and challenges when it comes to achieving the goal of creating sustainable and smart cities. Driven by significant advances in information and communication technology, the Internet of Things (…

Like any other new technology, the metaverse also has quite a few setbacks in terms of metaverse security and privacy concerns. — It may be the new buzzword in technology, but for it to be a real success, the security considerations of the metaverse must be taken into account. As with any new technology platform, protecting the metaverse and investing in such IT platforms will depend heavily on adoption. While the metaverse…

The ability to understand and control risk allows organizations to be more confident in their business decisions. — The culture of risk analysis is characterized by the alignment of risk management with the strategy of the organization and the promotion of an integrated approach to risk management. It is a delicate balance between innovative methods and risk management methods. Regardless of what risk management systems, policies, procedures, or…

Artificial intelligence (AI) has the potential to revolutionze the GRC landscape, transforming the scope and functionality of risk management solutions. — The use of computers to gather, store, and analyze data has become commonplace in today’s business world. Comprehensive pipeline and big data analysis will become vital risk management tools, while AI will aid in the automation of a variety of tasks to ensure high efficiency in operations and decision making…

Web3 stands for a possible next stage of development of the Internet and is intended to make the World Wide Web more decentralized and democratic thanks to blockchain technology. — After the metaverse, Web3 is another buzz term in industry and business causing a stir and is supposed to shape the future of the Internet — a permissionless, open source and increasingly decentralized place. Web 2.0 emerged around 1999 with the advent of social networking platforms, digital advertising, blogs, and…

In its recent global risks report, the World Economic Forum (WEF) forecasts numerous challenges to be overcome in the coming years. — Since the start of the pandemic, the risks to society and the environment have worsened further. Two years after the first case of COVID-19, countries have reported record infections due to the Omicron variant, but the epidemic pales in comparison to the long-term risks the world faces from climate change.