Using Near Field Technology, a chip that allows a user to ‘tap and go’, the new iPhone enables payments with a single touch. It can be used to pay online as well, in apps. It will also be available on the new announced Apple Watch.
Security was an issue that was strongly touched upon at the event. Instead of storing the credit card information, the technology communicates an encrypted placeholder ID to the store checkout system, which is then matched to the account information. Merchandisers don’t see the name or the credit card information of the purchaser.
I think job one as you say in your first comment, Brian, is for the CIO " think and act more strategically about the customer experience." As for women as CIOs, let me put it more simply: we need more of them. As for younger millennial CIOs, evolution will take care of that. It's inevitable. Bottom line is the more good CIOs, the better an enterprise will do.
Our #CIOchat yesterday looked at security through the lens of recent credit card hacks via payment systems.
First the numbers: 23 participants spewing out 333 Tweets! We chat every Thursday 2-3 p.m. p.m. ET, hashtag #CIOchat .
All agreed that no security is foolproof and that something is going to get through. Several did not envy being a retail CIO given these high profile hacks at Target, Home Depot and most assuredly others.
What's more, employees are the point of the most vulnerability to cyber attacks.
Google’s Panda (aka Farmer) is now in version 3.0 and it continues to cause noticeable effects on Google pagerank and web site rankings and in turn search results and site traffic ever since it began in February. That is why CIO’s must be engaged directly on enterprise search, search engine optimization (SEO) and search engine marketing (SEM) instead of leaving it to the marketing department.
The decision to lease vs. buy is a recurring challenge for CIOs struggling with financing IT equipment. Adding to the challenge is the increasing number of options to accomplish IT projects using cloud computing or vendor hosted managed services. Often CIO’s and CFO’s get tangled in the buy vs. lease decision prematurely which can lead to a bad decision with lasting effects.
We have IT cartels! Really? Well at least that is according to outgoing US Federal CIO Vivek Kundra in his remarks before the President’s Council of Advisors on Science and Technology. Vivek said in his remarks before the council “that we almost have an IT cartel within federal IT” which is served by “very few companies” who benefit from government spending “because they understand the procurement process better than anyone else.”
Amazon has released AWS GovCloud as its latest cloud offering aimed at addressing the highly specialized need of government agencies subject to export control regulations. The AWS GovCloud offering allows US government agencies to purchase existing AWS Elastic Cloud Compute (EC2), Simple Storage Solution (S3), and Virtual Private Cloud (VPC) services that are maintained in physically and logically separated areas.