Connected Economy

The innovations in technology, connected devices, software, payments and cellular technology make it possible for people and businesses to connect with each other and do business via any device, an in any digital or physical location safely, securely, and in real time. This integration of the digital and physical worlds will transform the economy across the ten pillars that today represent its key cornerstones – pillars that are already experiencing the impact of disruptive innovation as new blended, digital-first experience-driven ecosystems are now taking shape.

CrowdStrike Aftermath: Five Things You Need to Know
CrowdStrike Aftermath: Five Things You Need to Know
July 22, 2024  |  Connected Economy

It wasn’t a hack, cyberattack or even a sophisticated scam. The chaos that hit everything from airlines to hospitals to banks on Friday (July 19)...

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CE 100 Index Falters 0.8% as CrowdStrike Plunges on Global IT Outage
CE 100 Index Falters 0.8% as CrowdStrike Plunges on Global IT Outage
July 22, 2024  |  Connected Economy

The CE 100 Index faltered 0.8% in a week that reminded us just how connected we all are — by software, hardware, and apps —...

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National Ice Cream Day Gets a Sprinkle of Digital Transformation This Sundae
National Ice Cream Day Gets a Sprinkle of Digital Transformation This Sundae
July 20, 2024  |  Retail

Sunday (July 21) is National Ice Cream Day, and as the event has evolved for today’s digital consumers, brands are taking advantage of shoppers’ enthusiasm...

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Microsoft Outage Could Produce ‘Insurance Catastrophe’
Microsoft Outage Could Produce ‘Insurance Catastrophe’
July 19, 2024  |  Business

Insurers reportedly could be facing hundreds or thousands of business interruption claims resulting from the Microsoft outage that began late Thursday (July 18). Economic damages from the...

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Businesses Scramble for Backup After CrowdStrike Update Hobbles IT Networks
Businesses Scramble for Backup After CrowdStrike Update Hobbles IT Networks
July 19, 2024  |  Connected Economy

If there ever was a day that needed a Plan B, it was Friday, July 19. Banks, airlines, hospitals, fast food chains, retailers, even the...

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Hospitals Cancel Procedures, Find Manual Workarounds Amid Microsoft Outage
Hospitals Cancel Procedures, Find Manual Workarounds Amid Microsoft Outage
July 19, 2024  |  Connected Economy

Hospitals are reportedly among the organizations being hit hard by the Microsoft system outage that began Thursday (July 18). A survey of hospitals around the world...

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This Week in AI: From Mini GPTs to Construction Cash Flow
This Week in AI: From Mini GPTs to Construction Cash Flow
July 19, 2024  |  artificial intelligence

As OpenAI unveils its compact GPT-4o mini and pursues human-level reasoning with “Project Strawberry,” AI’s reach expands across industries, sparking innovation and concern. From potentially...

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Big Tech’s AI Ambitions Face Reality Check, PYMNTS Intelligence Data Shows
Big Tech’s AI Ambitions Face Reality Check, PYMNTS Intelligence Data Shows
July 19, 2024  |  artificial intelligence

Despite big budgets and bold plans, a new survey conducted by PYMNTS Intelligence reveals most large companies are struggling to implement AI in meaningful ways,...

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Personalized Luxury: The Key to Winning Wealthy Shoppers
Personalized Luxury: The Key to Winning Wealthy Shoppers
July 19, 2024  |  Retail

In an era where luxury is becoming increasingly defined by personalization, wealthy consumers are demanding that brands innovate, tailoring their offerings to match their individual...

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