Companies are often deterred from becoming more digitised due to the costs involved. However, according to MATUMANE TSHABALALA, managing executive of Application Services, the cost far outweighs the benefits further down the line.
As companies continue to grapple with the need to become more digitised, many are being held back by legacy technology. The cost of modernisation is often an inhibitor, but removing the risks associated with outdated technology far outweighs the price. The challenge is that many organisations do not even realise how vulnerable they truly are.
The first step organisations need to take is to understand what legacy technology and applications are running in their environments and how critical these are to their business, which requires a thorough assessment of the environment. Once that has been done, there are various options around the use of the existing legacy application, completely rewriting it, or just assisting with the migrations of those applications. This is determined based on the organisation’s needs and the actual application.
One of the biggest risks associated with outdated technology is security. It’s relatively easy for an attacker to scan an environment and identify the vulnerable areas. Once the technology has reached the end of its lifecycle, there typically will no longer be security updates available for it, which means you are potentially exposing your organisation, your network and your data.
While most companies are aware of the need for modernisation, dealing with it is a lot more difficult than it sounds. Firstly, there is the cost associated with modernisation, but through the right partnerships, this can be managed. Regulated environments such as financial institutions face another challenge in that once their technology stack has been certified, even minor component changes will require complete re-certification.
The modernisation of technology infrastructure and operating systems also has an impact on the applications running in an organisation. When organisations modernise their technology and operating systems, this can result in their enterprise applications breaking. If an application is developed to run on older operating systems and these are upgraded to more modern versions, the application will break, which means the entire application might need to be re-engineered.
Companies are increasingly looking for a consolidated view of their enterprise applications. We come from a history where whenever we had a problem, we threw software or an application at it. Where clients used to rely on the industry in the past to advise them on what solutions they needed, they are a lot more informed nowadays. So, they are taking back the control and looking to consolidate as much as possible. The wilderness of applications available does not make it any easier. Employees are using applications in their personal capacity and are expecting the same convenience in an enterprise environment. The problem is that, rather than looking at a consolidated approach, organisations look for quick fixes to appease employees, resulting in them deploying applications that don’t necessarily fit into the long-term strategy. Any application deployed within an organisation needs to be part of a bigger technology roadmap to ensure long-term sustainability as the solution evolves.
Modernisation focuses on more than just current business needs, taking into account the enterprise’s future business needs. And while it comes at a cost, it will enable the organisation to be far more agile and competitive, while keep the organisation relevant. Digitisation is rewriting the rules of competition and if CEO’s are not abreast of this, they will be left behind.
Welcome to world of 2099
The world of 2099 will be unrecognisable from the world of today, but it can be predicted, says one visionary. ARTHUR GOLDSTUCK met him in Singapore.
Futuristic structures tower over the landscape. Giant, alien-looking trees light up with dazzling colours amid the hundreds of plant species that grow up their trunks. Cosmetic stores sell their wares via public touch-screens, with products delivered instantly in drawers below the screens.
This is not a vision of the future. It is a sample of Singapore today. But it is also an inkling of the world we may all experience in the future.
Singapore was the venue, last week, of the World Cities Summit, where engineers, politicians, investors and visionaries rubbed shoulders as they talked about the strategies and policies that would enhance urban living in the future.
As part of the Summit, global payment technologies leader Mastercard hosted a small media briefing by one of Singapore’s leading thinkers about the future, Dr Damian Tan, managing director of Vickers Venture Partners. The company’s slogan “We invest in the extraordinary,” offers a small clue to Tan’s perspective.
“We look as far forward as 2099 because, as a venture capital firm, we invest in the long term,” he tells a group of journalists from Africa and the Middle East. “Companies explode in growth because there is value in the future. If there is no growth, they won’t explode.”
The big question that the Smart Cities Summit and Mastercard are trying to help answer is, what will cities look like in the year 2099? Tan can’t give an exact answer, but he offers a framework that helps one approach the question.
“If you want to look at 81 years into the future, and understand the change that will come, you need to double that amount and look into the past. That takes us to 1856. The difference between then and now is the difference you can expect between now and 2099.”
Click here or on the page link below to read on: Page 2: Soldiers and Health in 2099.
- Arthur Goldstuck is founder of World Wide Worx and editor-in-chief of Gadget.co.za. Follow him on Twitter on @art2gee and on YouTube
Street art goes electric
Kaspersky Lab and British street artist D*Face have unveiled the first-ever “art helmet” design at the Formula E finale for electric cars in New York.
The ‘Save The World’ helmets will be raced by DS Virgin Racing’s drivers, Sam Bird and Alex Lynn, as they traverse the New York street circuit during the final races of the Formula E season.
The announcement signals the first art helmet by a Formula E team, continuing the heritage of art in motorsport and the cybersecurity brand’s commitment to contemporary art, creativity and innovation. D*Face took inspiration from Kaspersky Lab’s tagline, “A Company To Save The World”, and hopes that his colourful work will inspire people to take positive action.
D*Face will announce his first-ever art car design with a custom-made livery for the DS Virgin Racing Team. Its design will be released at the “Art Goes Green” event after Saturday’s race. The helmets and art car are the latest installations in the “Save the World” collection, following a major permanent public mural that was installed in Brooklyn, New York, in May.
D*Face, whose real name is Dean Stockton, said: “It is exciting to work with Kaspersky Lab on this project and create art with a real message of hope for a better future. After all, this is our world and we need to look after it. It will take every one of us to make a real lasting, impactful change. I love the mentality of the DS Virgin Racing Team and that of Formula E by showcasing sport in a way that doesn’t harm the environment, but is still just as exhilarating and fun.
“It is time for us all to stand together and make a change… be that stopping data steals, climate change, plastic waste or using damaging fuels. I want everyone to make a pledge to do one thing that will help make a change.”
As a sponsor of DS Virgin Racing Team, Kaspersky Lab is responsible for protecting the team’s devices against cyber threats. The company sees the technical environment in the global sport of Formula E as the next frontier in furthering its research and development of new technologies to keep vehicles secure in the digital world.
Sylvain Filippi, Managing Director at DS Virgin Racing, said: “The whole team fully supports this great initiative and our thanks got to Kaspersky and D*Face for their collaboration. It’s an honour to have such an innovative artist bring his talents to bear in our team ahead of the season-finale; the car, drivers’ crash helmets and mural all look amazing.”
Aldo Fucelli Pessot del Bo, Head of Global Partnerships and Sponsorships at Kaspersky Lab added: “There is a need for innovation on a global scale, both in contemporary art and in the fast-growing sport of Formula E. Now, for the first time ever, Kaspersky Lab is proudly bringing together the two sectors in an effort to Save the World and unleash creativity, encourage freedom of expression and further innovation.”