Technology provides a set of building blocks that can be assembled into unique, innovative solutions that drive concrete business growth. With people living and working more digitally, global corporate spending on cloud services has jumped 30% from a year ago.  We’ve seen firms worldwide navigate three phases in recent months: “respond,” “recover,” and “reimagine.” We’ve also found that cloud-mature firms were more agile and resourceful in leveraging the elasticity and reliability of the cloud. For example, a wealth manager quickly spun up Azure compute to perform extensive risk calculations in asset management to navigate market volatility.

Future-proofing your business

The shift to digital business models during the pandemic has only added urgency to the need for swift and widespread cloud adoption. We advocate that firms “reimagine” through cloud innovation as they “recover” to future-proof their businesses. The imperative isn’t just to transform but to improve agility, resiliency, and stability.

An important but often overlooked aspect of any digital transformation is a firm’s employees. We recognize the importance of upskilling your employees

Data is your most valuable asset

Capital markets are the most data-driven industry. Firms must acknowledge data as their most valuable asset. During the pandemic, we have seen firms challenged by the peaks in the proliferation of data and speed of events. Our artificial intelligence/machine learning (AI/ML) solutions enable firms to capture real-time analytics. Firms also both store and analyze data to generate meaningful insights in a secure and compliant way.

• Intelligent Edge is an expanding set of connected systems and devices that gather and analyze data close to your users, the data, or both.
• Confidential Computing will enable firms to take the training of their machine-learning models to the next level where firms could use each other’s data sets to train a model while ensuring the confidentiality of each firm’s data.
• Cognitive Services Platform is the most widely used AI/ML platform. Firms use optical character recognition (OCR) to digitize research reports and our Speech-to-Text platform to turn voice into researchable insights.
• ADRM, a data modeling company, was recently acquired by Microsoft to strengthen our data capabilities for unique industries such as the alternative investments space.
• Github, the largest code repository in the world, is launching an enterprise-managed service that will provide firms in highly regulated industries greater security, more compliance with data privacy and sovereignty requirements, and increased access and user controls.

Source: https://cloudblogs.microsoft.com/

Global iTS is a leading Microsoft Dynamics 365 ERP and CRM Partner, headquartered in the UK. With 300+ clients, successfully proven implementations, an excellent support system by our experienced domain specialist, and a good track record of customer retention. Also, it has a strong foothold and customer base across other GCC countries (Bahrain, Saudi Arabia, Oman, Kuwait, UAE, and Qatar).

Global iTS is mainly into the specialized requirements in Financial Services and Insurance sectors focusing on Digital Transformation journey in Retail Banking, Commercial Banking, Insurance Providers, Private Equity, and Investment Banking by bringing Artificial Intelligence, Machine Learning, Blockchain, and Robotic Process Automation technologies and enhanced their productivity and profitability. We bring in over 15 years of international expertise to digitally transform any aspect of a client’s business.