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In the financial services sector, digital transformation was merely a term that has now become part of a productive business strategy. The influence of digital technologies , digital transformation and automation has resulted in opportunities for cost-effective operations, efficient strategies, meeting job deadlines, enhancing customer and employee engagement and standing out among the competitors. A …

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Data silos are a major decision-making blocker which ends up hampering your business development. It makes all the difference to know exactly what they are, how they affect the team, and how to solve them. his type of data leads to a serious lack of accountability, productivity, and trust within the organization. Data silos stop …

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What are some of the financial problems a business can face? Most businesses are overwhelmed with costs, tight timelines, and scarce resources. Many businesses struggle with the increasing demands for finance function support while decreasing the function’s budget. Businesses are also overwhelmed with costs and tight timelines that hinders them from functioning to their highest …

Digital Transforming – Financial Operations Read More »

An online bank includes many benefits. Some examples are convenient workflow,  extremely efficient payments, and it also generates good amounts of growth. The finance industry is drastically changing for the better. People are increasingly enjoying the convenience of handling all of their finances in one place, setting up automatic transfers or making deposits, anytime and …

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Mid-2020 America finds oil and gas companies continuing to suffer from a persistent and damaging depression of oil prices but just recently have had to add to this challenge a very real and new raging virus we call Covid-19. To expect more profitability in these times may seem more daunting than usual.  And it is. …

What’s in Your Data?? Read More »

Digital transformation increases workforce productivity and creates data driven decisions for the company. One of the key challenges is balancing the cost of digital transformation with getting the maximum ROI on your investments.The transition to increased cost saving from digital efficiency isn’t the easiest to do. This is the reason many companies have failed to …

Game Changing Technologies Read More »

Cloud computing basically enables businesses in the oil and gas industry to use an Internet-hosted remote storage network, or the cloud, to store, control, and process data. Recent advances in cloud computing technologies bring tremendous benefits to the energy sector from business analytics and analysis, making the data you have been collecting / storing for …

Why should the oil and gas industry’s get involved with cloud computing Read More »

According to the University of Houston, Houston-based Diamond Offshore Drilling has already filed for Chapter 11 bankruptcy amid the coronavirus pandemic. Experts who watch the industry say more bankruptcies are on the way. Shell isn’t the only company making big changes to withstand the unprecedented oil-industry disruption caused by Covid-19. Also, the author Forbes mentions …

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