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August 30, 2016

Research reveals failures by outsource providers in top three causes of supply chain disruptions

A study conducted by the Business Continuity Institute (BCI) in association with Zurich Insurance Group and the Chartered Institute of Purchasing and Supply has found that the leading causes of supply chain disruption are unplanned IT or telecom outages, adverse weather and a failure of an outsource provider.

 

55% of respondents believed that IT and telecoms represented the biggest risk while 41% suggested the weather and 37% difficulties with an outsource provider.

 

The research also found that businesses have a distinct lack of visibility over their supply chains and the disruption that could occur as a result. 75% of respondents reported [...]

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August 30, 2016

How digital transformation is disrupting IT outsourcing

Digital transformation is the business goal du jour. And while the increased adoption of social, mobile, analytics, cloud, autonomics, robotics and Internet of Things technologies is creating tremendous opportunities for the enterprise, it’s also introducing new risk.

Most notably, these emerging technologies are impacting on how IT organizations interact with their IT service providers. These newer solutions tend to be less customizable, more scalable, less expensive and more automated than traditional outsourced services. They often require less deal-specific investment and the services may be shared among many customers. Thus, the outsourcing contracts that govern them [...]

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July 28, 2016

Cyber threats targeting various sectors in the Nordic countries

Security experts at FireEye have published a report that details the cyber threats targeting various sectors in the Nordic countries.

According to FireEye, threat actors targeted strategic industries (i.e. aerospace and defense, energy, health and pharmaceuticals, and shipping), government and defense agencies searching for political, economic and military intelligence.

Experts believe sophisticated threat groups could be particularly interested in sectors such as aerospace and defense, energy, health and pharmaceuticals, and shipping.

Threat actors targeted Nordic countries due to their robust economies and valuable information managed by companies operating in sectors [...]

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May 28, 2016

Lessons from Finland: How the News Industry is Managing Digital Transformation and Trying to Stay Profitable

Compared to most other countries taking part in Reuters Institute Digital News Report, the national news media in Finland seem to have survived the digital transformation pretty well. People use digital sources for news more than in most other countries, their trust in news is more solid, and the sources used – even online – are mostly traditional Finnish media companies. The problem is not reaching people with news but keeping journalism profitable.

The Finnish media environment is characterized by a strong regional press. Daily papers are mainly purchased by subscriptions, often covering both print and online editions. The two national afternoon tabloids both reach over half [...]

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ITOSDA and Loughborough Center for Global Sourcing & Services goes into a research partnership to create the outsourcing Innovation Monitor.

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