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.
It’s no secret that big data offers big value. But enterprises know that to exploit it, they must capture a tremendous volume of data, in myriad forms, and contain it in a database capable of running complex and comprehensive analyses.
Today, costs of scaling traditional systems have grown prohibitive. So the pressure is on to find a new solution. Enter: Hadoop.
Technology has profoundly transformed the world in recent years. In the last decade alone, mobility, cloud, social media and big data have changed the landscape of IT dramatically. One group affected perhaps the most by the ever-changing landscape is the CIO.
There’s a lot of noise out there about DevOps right now—and with good reason. With its goals of removing IT bottlenecks and putting the business back in charge of innovation speed, DevOps focuses on putting new ideas and tools into action faster and more efficiently. The idea of extending “agility” from conception to delivery improves IT’s ability to respond to business needs.
Think about how its principles can yield meaningful results for your business.
The business intelligence insights your organization has in all the data it stores can lead to game-changing opportunities--if your analytics system has the power to uncover them. Traditional data analytics are often maxed out by big data, unable to return results in a timely fashion, resulting in missed business opportunities. Business and marketing leaders can’t execute on new ideas to generate more revenue because IT can’t support their requests to add new data sources to existing queries.