At the recent IBM Think conference in Las Vegas, it was outlined that the amount of data that gets generated everyday is not as important as the amount that is searchable and gets put to good use, writes TIANA CLINE.
The human race is generating more than 43 million terabytes of data every day. And in a world where there are more Internet of Things (IoT) objects than people, it’s more than simply making the technology smart: it’s about making online a secure space in order to build a smarter future for everyone.
“How much of the world’s data is searchable?” is the key question IBM CEO and chairman, Ginni Rometty, proposed at the inaugural IBM Think conference in Las Vegas, Nevada, last week.
IBM has revealed a number of new cloud technologies and capabilities, enhancements of its Watson big data platform, and delved deeper into the opportunities that artificial intelligence (AI) opens up for businesses seeking a competitive advantage.
Rometty highlighted the ability of IBM cloud for business to integrate artificial intelligence and blockchain. This, she said, was not necessarily a digitally intelligent platform, but a solution in a digital world, whether your cloud solution is private, public or on-premises.
IBM researchers are also developing blockchain crypto-anchors, tamper-proof digital fingerprints that can be embedded into products, or parts of products, and linked to a blockchain.
Rometty pointed out that a mere 20% of the world’s data is publicly searchable, while 80% belongs to individuals, making everyone “incumbent disrupters and AI is the competitive premise”.
IBM’s solution is to leverage digital platforms, embed learning in every process and empower people with digital intelligence. This then paves the way for AI.
“This is an era of man plus machine, not man versus machine,” saidd Rometty. “Outcomes are better when it is human and machine instead of humans alone or machines alone. One place to start is HR processes. We need to outlearn everybody else by putting smart to work.”
According to IBM, data is a competitive advantage and game changer, which means companies should only partner with trusted second parties, always be on the offense, and use AI to truly empower people.
“Only 4% of the world encrypts data, yet this is one of the most important things you can do. In this era, many companies can win and, if you ask why, it’s all about data. The people who show you that you can’t trust them should not have access to your data.”
At the conference, IBM released its new Power9 processor on the IBM Cloud, which is built for compute-intensive AI workloads, using Nvidia Tesla V100 GPUs connected via a high-speed NVLink interface. This improves deep learning frameworks, helping data scientists to train more accurate AI models faster and, Rometty claims, can train AI faster than anything currently available on the market.
A new IBM Cloud Developer Console for Apple will provide tools like pre-configured starter kits, along with AI, data and mobile services for Swift. This will enable developers to link to IBM Cloud to build apps that are easy to code, fast to deploy and can be integrated with enterprise data.
“We’ve reinvented IBM for the era of data and it’s been about innovative technologies, industry expertise, and then always underpinned by trusted security. If all of us in the world could make smarter decisions, that’s worth $2 trillion. If you embrace a digital platform, embed it in a process, and empower people, that’s winning.”
* Tiana Cline is a freelance content writer, technology journalist and digital strategist. She likes cats, data science, long-form and violent video games.
Now download a bank account
Absa has introduced an end-to-end account opening for new customers, through the Absa Banking App, which can be downloaded from the Android and Apple app stores. This follows the launch of the world first ChatBanking on WhatsApp service.
This “download your account” feature enables new customers to Absa, to open a Cheque account, order their card and start transacting on the Absa Banking App, all within minutes, from anywhere and at any time, by downloading it from the App stores.
“Overall, this new capability is not only expected to enhance the customer’s digital experience, but we expect to leverage this in our branches, bringing digital experiences to the branch environment and making it easier for our customers to join and bank with us regardless of where they may be,” says Aupa Monyatsi, Managing Executive for Virtual Channels at Absa Retail & Business Banking.
“With this innovation comes the need to ensure that the security of our customers is at the heart of our digital experience, this is why the digital onboarding experience for this feature includes a high-quality facial matching check with the Department of Home Affairs to verify the customer’s identity, ensuring that we have the most up to date information of our clients. Security is supremely important for us.”
The new version of the Absa Banking App is now available in the Apple and Android App stores, and anyone with a South African ID can become an Absa customer, by following these simple steps:
- Download the Absa App
- Choose the account you would like to open
- Tell us who you are
- To keep you safe, we will verify your cell phone number
- Take a selfie, and we will do facial matching with the Department of Home Affairs to confirm you are who you say you are
- Tell us where you live
- Let us know what you do for a living and your income
- Click Apply.
How we use phones to avoid human contact
A recent study by Kaspersky Lab has found that 75% of people pick up their connected device to avoid conversing with another human being.
Connected devices are becoming essential to keeping people in contact with each other, but for many they are also a much-needed comfort blanket in a variety of social situations when they do not want to interact with others. A recent survey from Kaspersky Lab has confirmed this trend in behaviour after three-quarters of people (75%) admitted they use a device to pretend to be busy when they don’t want to talk to someone else, showing the importance of keeping connected devices protected under all circumstances.
Imagine you’ve arrived at a bar and you’re waiting for your date. The bar is busy, and people are chatting all around you. What do you do now? Strike up a conversation with someone you don’t know? Grab your phone from your pocket or handbag until your date arrives to keep yourself busy? Why talk to humans or even make eye-contact with someone else when you can stare at your connected device instead?
The truth is, our use of devices is making it much easier to avoid small talk or even be polite to those around us, and new Kaspersky Lab research has found that 72% of people use one when they do not know what to do in a social situation. They are also the ‘go-to’ distraction for people even when they aren’t trying to look busy or avoid someone’s eye. 46% of people admit to using a device just to kill time every day and 44% use it as a daily distraction.
In addition to just being a distraction, devices are also a lifeline to those who would rather not talk directly to another person in day-to-day situations, to complete essential tasks. In fact, nearly a third (31%) of people would prefer to carry out tasks such as ordering a taxi or finding directions to where they need to go via a website and an app, because they find it an easier experience than speaking with another person.
Whether they are helping us avoid direct contact or filling a void in our daily lives, our constant reliance on devices has become a cause for panic when they become unusable. A third (34%) of people worry that they will not be able to entertain themselves if they cannot access a connected device. 12% are even concerned that they won’t be able to pretend to be busy if their device is out of action.
Dmitry Aleshin, VP for Product Marketing, Kaspersky Lab said, “The reliance on connected devices is impacting us in more ways than we could have ever expected. There is no doubt that being connected gives us the freedom to make modern life easier, but devices are also vital to help people get through different and difficult social situations. No matter what your ‘connection crutch’ is, it is essential to make sure your device is online and available when you need it most.”
To ensure your device lifeline is always there and in top health – no matter what the reason or situation – Kaspersky Security Cloud keeps your connection safe and secure:
· I want to use my device while waiting for a friend – is it secure to access the bar’s Wi-Fi?
With Kaspersky Security Cloud, devices are protected against network threats, even if the user needs to use insecure public Wi-Fi hotspots. This is done through transferring data via an encrypted channel to ensure personal data safety, so users’ devices are protected on any connection.
· Oh no! I’m bored but my phone’s battery is getting low – what am I going to do?
Users can track their battery level thanks to a countdown of how many minutes are left until their device shuts down in the Kaspersky Security Cloud interface. There is also a wide-range of portable power supplies available to keep device batteries charged while on-the-go.
· I’ve lost my phone! How will I keep myself entertained now?
Should the unthinkable happen and you lose or have your phone stolen, Kaspersky Security Cloud can track and protect your device from data breaches, for complete peace of mind. Remote lock and locate features ensure your device remains secure until you are reunited.