article thumbnail

The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets.

HP 105
article thumbnail

The digital transformation of an island nation: how Bahrain rose to lead cloud adoption in the GCC Region

CIO Business Intelligence

This year, Singapore-based Whampoa Group also selected Bahrain as the HQ location for its new digital bank. The long-term plan kicked off in 2007 with a strategy to digitise government. The story of success From the start, the Bahraini government’s digital transformation plan was comprehensive and bold.

Cloud 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Peer-to-peer banking - Trends in the Living Networks

Trends in the Living Networks

The principle is simple – you lend to individuals at interest rates based on their credit rating, and since you’re cutting out the bank as middleman, both lender and depositer get more attractive interest rates than they can get commercially. Banks are the archetypical intermediary, in this case between depositers and lenders.

Banking 83
article thumbnail

Sell-side banks become consultants - Trends in the Living Networks

Trends in the Living Networks

As such, the emerging domain of algorithmic trading – which largely automates trade execution – is in fact providing new ways for investment banks to create high-value relationships with the clients. However even greater value can be created by adding explicit value to clients’ decision-making processes.

Banking 60
article thumbnail

How to make Facebook secure for organizational use: no more excuses! - Trends in the Living Networks

Trends in the Living Networks

Ross Dawson, December 19, 2007 2:44 PM US PT I have written and being interviewed many times in the last few months on the use of Facebook in organizations. Financial market traders started using IM because it was useful, but banks were concerned about security and audit trails. The same thing is happening with social networks.

Trends 60
article thumbnail

Lloyds TSB pilots social media - Trends in the Living Networks

Trends in the Living Networks

» Lloyds TSB pilots social media Ross Dawson, February 26, 2008 7:30 PM US PT James Gardner, head of innovation at Lloyds TSB, writes consistently on his blog Bankervision , disclosing some of the key issues involved in innovating in a major bank. Some excerpts from his below show how blogging can change how corporations work.

Media 60
article thumbnail

Interviews: Six important forces that will shape 2009 - Trends in the Living Networks

Trends in the Living Networks

Outsourcing used to be for banks and telcos. Future of Media Report 2007. Trend map 2007+. December 2007 (17). November 2007 (17). October 2007 (19). September 2007 (13). August 2007 (34). July 2007 (19). June 2007 (22). May 2007 (7). April 2007 (7). March 2007 (23).

Trends 92