Time is money, but nowadays so is a company’s data. That is why protecting data should be a major priority, especially when it comes to customer’s requirement, says JOHAN SCHEEPERS, Systems Engineer Director – MESAT at Commvault.
In an increasingly digital world where it is no longer only time that is money, but information as well, data has become the equivalent of a new currency. Protecting this data is a top priority for businesses of all sizes. However, in tandem with the growing importance of data, we are also witnessing an ongoing data explosion, with huge data volumes created at high velocity. This is changing customers’ requirements when it comes to data protection and data management, and organisations need to adopt a comprehensive approach to data protection for today and into the future. Data is a strategic business asset, and should be treated as such with effective data backup, protection, recovery and management solutions designed to address new data challenges.
Data backup and recovery has become a business imperative, and the importance of implementing effective solutions cannot be overstated. In fact, data is top of mind for the majority of organisations. According to analyst firm Enterprise Strategy Group (ESG) in the 2014 annual IT Spending Intentions report, the top three most important IT priorities for 2015 centred on data. The top priority for businesses according to the report was information security initiatives, with improving data backup and recovery coming in second, and managing data growth at number three. In addition, business continuity and disaster recovery were the eighth priority for respondents.
The bigger picture of these statistics is that protecting data is of vital importance, even more so than investment into solutions such as the cloud and other production-enabling deployments. Backup remains one of the most significant IT investments, because the reliance of business on data and IT systems is ever on the increase. This means that any downtime or data loss could be detrimental to business operations. In addition, legacy approaches to backup simply cannot meet the diverse and evolving needs of modern IT platforms, necessitating continued investment into backup solutions. However, backup alone is no longer sufficient. Organisations need to increase the agility of data protection infrastructure by incorporating supplementary data protection capabilities such as snapshots, replicas and archiving as well as high availability, disaster recovery and business continuity.
These data protection mechanisms each provide a different type of agility that compliments backups rather than replacing them, ensuring a comprehensive solution to data recoverability. However, it is also important to bear in mind that it may not be necessary to apply these various mechanisms with a blanket approach across the entire organisation. For example, while backup is essential across the board, snapshots, replicas and archives are only necessary for business critical data. Given the increasing volumes of data being generated and the cost of implementing new solutions, it is important to apply data protection mechanisms based on the value of data to the business as well as the requirement for availability.
This hybrid approach to data protection is highly effective in today’s world. However, where many organisations go wrong is in attempting to address each of these mechanisms with a separate, disconnected technology. The end result is typically significantly higher cost along with increased complexity. In addition, often such disparate solutions fail to meet the business’ need for comprehensive, improved protection and agility of data recovery, because they simply cannot integrate effectively. Organisations should look for integrated solutions that incorporate multiple mechanisms of data protection within a single platform. This ensures a single point of management, while providing one overall data protection strategy that aligns with the recovery and data needs of the business. By treating data as a strategic asset and protecting it as such, organisations can ensure their data is available and managed today and in the future.
3D printed room-service? Visit the hotel of tomorrow
To mark its 100th birthday, Hilton predicts the trends that will change travel and hospitality in the next 100 years.
Intergalactic getaways, fast-food nutrient pills, 2-3 hour working days and adaptable, personalised rooms that can transport guests everywhere from jungles to mountain ranges. These are some of the predictions for the next 100 years that the Hilton hotel group has put together in celebration of its 100th anniversary.
In a report supported by expert insight from the fields of sustainability, innovation, design, human relations and nutrition, findings reveal the impact of the growing sophistication of technology and climate change on the hotel industry in the future.
Key predictions for the hotel of the future include:
Personalisation is King
- Technology will allow every space, fitting and furnishing to continuously update to respond to an individual’s real-time needs – the Lobby will conjure up anything from a tranquil spa to a buzzy bar, giving every guest the perfect, personal welcome
- From temperature and lighting, to entertainment and beyond, microchips under the skin will enable us to wirelessly control the setting around us based on what we need, whenever we need it
The Human Touch
- In a world filled with Artificial Intelligence, human contact and the personal touch will be more critical and sought after than ever
- Technology will free up time for hotel staff to focus on what matters most: helping guests to connect with one another and building memorable moments
‘Sustainable Everything’ – The Role of Responsibility
- Only businesses that are inherently responsible will survive the next century
- Sustainability will be baked into everything about a hotel’s design – from weather-proofed domes, to buildings made from ocean-dredged plastic
- Hotels will act as the Town Hall of any community, managing local resources and contributing to the areas they serve with community-tended insect farms and vertical hydroponic crop gardens
Menu Surprises and Personalisation
- Our diets will include more plant-based recipes and some surprising sources of protein – Beetle Bolognese, Plankton Pies and Seaweed Green Velvet Cake will be menu staples!
- Decadent 3D-printed dinners and room service will provide unrivalled plate personalisation
- Chefs will be provided with biometric data for each guest, automatically creating meals based on preferences and nutritional requirements
Futuristic Fitness and Digital Detoxes
- Outswim a virtual sea turtle in the pool, or challenge yourself to climb the digital face of Mount Everest, your exercise routine will be as unique as you are. What’s more, exercise energy generated from workouts will be used to power the hotel, providing a zero-impact, circular system. Guests could even earn rewards based on reaching workout targets
- Pick up where you left off with trackable workouts and holographic personal trainers
- Offline will be the new luxury as we seek to find moments of tech-free time
“Since its inception in 1919, Hilton has pioneered the hospitality industry, introducing first-to-market concepts such as air-conditioning and in-room televisions. Last year, Hilton also became the first hospitality company to set science-based targets to reduce its environmental impact,” said Simon Vincent, EVP & President, EMEA, Hilton. “We enter our second century with the same commitment to innovation, harnessing the power of our people and technology to respond to guest demands. Our research paints an exciting future for the hospitality industry, highlighting the growing importance of human interaction in an increasingly tech-centric world.”
Futurologist Gerd Leonhard said: “In 2119 we will still be searching for unique experiences, but they will be more personalised than ever. As technology shapes our lives we will seek out moments of offline connection with others, including hotel team members who will help us truly get what we need from our stays. 100 years from now hotels will have to create opportunities to converse, collaborate and connect, delivering moments that matter, individually, to each and every guest.”
Gadget ed to chair Digital Council
Specialist financial services provider Sasfin Bank has established a Digital Advisory Council to provide the market with industry-leading expertise and insights on trends shaping the use of technology in financial services.
Digitalisation is one of the most powerful forces for change shaping Finance today. This has turned Fintech into one of the most vibrant sectors in both information technology and among start-ups, generating billions of dollars in investment and development globally. The South African fintech space is dynamic, and Sasfin is playing a leading role in the transformation of local financial services and the resulting enhancement of customer experiences.
“We have been investing in fintech development in-house and acquiring or integrating fintech start-ups,” says Sasfin CEO Michael Sassoon. “Over the last year we have built further digital offerings, integrated via APIs into leading businesses and invested in fintechs. We built and launched B\\YOND, an innovative digital business banking platform and SWIP, a digital wealth and investing platform. We have invested in Payabill, an online SME lender and DMA, a digital trading platform. We recently announced our alliance banking relationship, leveraging open banking, with Hello Paisa to offer seamless banking to the unbanked. We feel that there is a huge opportunity to improve the experience of South African businesses and savers through using technology. We have therefore created an independent forum to assess how to even better improve financial services for South Africans by leveraging the digital economy.”
Arthur Goldstuck, founder of high-tech research consultancy World Wide Worx, editor-in-chief of Gadget, and a globally respected technology analyst has accepted Sasfin’s invitation to head up the Sasfin Digital Advisory Council, an independent think tank that will help Sasfin and its clients decipher the fintech present and future.
“The Sasfin Digital Advisory Council is broader than providing only the bank with a source of insight on how digital services are evolving and lessons from across the world,” said CEO Michael Sassoon. “Sasfin has been involved in fintech investing for many years and we are leveraging this experience as well as the experience of independent experts such as Arthur to provide insights and guidance to interested stakeholders in this space.”
The team appointed to the Digital Advisory Council is being selected for the breadth and range of knowledge they would bring to the table, with further appointments to the Council being announced soon. There will also be room for the Council to co-opt specialist expertise as it is required.
Goldstuck, who has been covering the fintech sector as an analyst, commentator and columnist for many years, says he sees the role as a welcome challenge.
“There has been a long-standing need for a clear understanding of the impact being made by fintech today, and the exponential change it will cause tomorrow,” said Goldstuck. “My role will be, partly, to curate the wide spectrum of fintech and digitalisation knowledge and insights that the members will bring to the Digital Advisory Council, and help create scenarios that businesses and policymakers may use to navigate the future – both inside and outside Sasfin.”