However, far from painting a bleak future of finance professionals being routinely discarded, KPMG believes those who adapt will prosper. Finance departments across Europe will be overhauled during the next ten years as they are forced to become...
Boggis singled out traditional industries such as steel or mining as holding Europe back through a reluctance to adapt successful business models to include ecommerce. No one understood scalability, pricing or branding.
Classic enterprise features such as high availability, scalability, transactional integrity, security and manageability will be of course important criteria along with standards support (J2EE, web services, XML etc).
Being able to adapt to the needs of the workforce is only one part of the equation. CIOs should prepare their organisations (IT and business) for new cultural and workplace challenges, especially for this new generation’s use of IT in a business...
But the limited time remaining to prepare for the directive could leave banks facing big bills for IT work and create a skills shortage as financial services organisations try to poach the best tech staff to get their systems ready in time.
Analyst Gartner warns that IT professionals will need to adapt to more general business roles as the IT department evolves. The role of the IT department will dramatically change over the next five years and will morph into a hybrid corporate...
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