It pays to modernize your data architecture

In today’s world where data is collected at every interaction, be it over the phone, mobile, PC, sensors, with or without us knowing, it becomes important to have a strategy around data. Traditionally, data has been seen as something to “run the business,” but, in today’s context, it can actually “be the business” if monetized 

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Impact of spreadsheets and manual processes on enterprise risk

Financial services firms are stuck in a tangled web of data and legacy systems. This model will not sustain today’s business environment, which is largely defined by new regulations and the changes firms need to make to comply. The industry is also challenged with low trading volumes, shortened settlement cycles, and traders looking to new 

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Are we ready for Agile? Demystifying Agile (Part-1)

Agile development has been in existence for almost 13 years and has been delivering immense value to organizations. It continuously accentuates on the rapid delivery of customer’s business value and provides the “best bang for the buck”. We witness a lot of frenzy for Agile Implementation. The interest towards the traditional waterfall and iterative models 

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Why you should consider ‘Model Office’ for large transformation programmes

In most of the large transformation programmes, there are impacts on process, people and systems and the right business solution will require bringing these different elements together and form a solution which truly delivers the expected business outcomes. To bring the cross functional teams together and build the future business processes while technology supports the 

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Accelerated Innovation – Going beyond Conventional Wisdom

Depending on who you read, we are in the fourth or fifth wave of computer technology development.  In 2005, Om Malik and Michael Copeland published The Fifth Wave in Business 2.0 Magazine.  They defined their waves as the eras of mainframe, mid-range, PC, Internet and networked computing. Written six years ago, their premonition preceded smartphones 

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The Fifth Element (Part II) – Short Term Benefits

This post is in continuation of the earlier post on HTML5. Before looking into the day-to-day benefits HTML5 will offer, let’s do a quick sanity check: HTML5 is monolithic, but browsers are not. It is misleading to divide browsers into “Supports Vs Not”.  Instead, individual HTML5 feature support should be evaluated in terms of browsers. 

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Driving Value for Clients in the age of Enterprise 2.0

The last few years of the millennium have seen old business models giving way to new ones. Customer needs are transitioning from those of pure consumption-oriented to those of convenience-oriented with the coming of age of the digital native. Organizations big and small are being affected by the onslaught of myriad of factors including enlightened 

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2011: Advantage Enterprise 2.0

This post marks Virtusa’s fiftieth blog posting.  Starting in April of 2010, Virtusan’s have offered their insights into a wide variety of technology issues, trends and business challenges.  It seems fitting that our half century mark should come at the end of calendar year 2010. The year 2010 saw the arrival of the mobile app 

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The 20th Century Application is Dead

Last week’s ITxpo Symposium in Cannes drew more than three thousand attendees, over half of which were senior level IT executives.  The conference agenda offered insights into future trends in typical Gartner fashion – high impact, broad sweeping trends combined with business imperatives.  There were three themes that were repeated many times – application retirement, 

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Application Rationalization – is it rational?

One would certainly categorize predictably ill-fated ventures as irrational.  Why would a rational individual undertake an initiative that is almost guaranteed to fail?  Is application rationalization one of those initiatives?  Perhaps it is and that is the reason John McCarthy used the word “courage” to describe the emotional trait necessary to pursue its goals. Recently, 

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