Enterprise Applications

A new format for compressing video, called Versatile Video Coding (H.266/VVC), at first glance might not seem to be the most exciting or profound change to influence humanity. But in a world where 4.57 billion people identify as active internet users, 3.5 billion regularly use a smartphone, 80% of global internet traffic is compressed video data and 500 hours of video are uploaded to YouTube every minute, data is more than binary numbers. Data – and video specifically – is now part of humanity’s collective nervous system.

New Zealand’s Hawke's Bay Regional Council is embarking on a major digital transformation, future-proofing the Council and enabling more tech-savvy community services, following a five-year deal with Australasia’s leading enterprise Software as a Service provider, TechnologyOne.

Trintech, a provider of integrated Record to Report software solutions for finance, has announced the release of Cadency 9.0. The latest update offers new, innovative support for transaction and account reconciliation, journal entry, systems integrations, artificial intelligence and overall usability for large enterprises.

Staff in the banking and financial services (FS) industry are three times more likely to follow processes “rigorously” than government workers, according to new research surveying senior decision-makers by Digital Intelligence company ABBYY. In fact, almost half (46%) of banking and FS workers rigorously follow the rules, compared to just 15% in government.

AI developer Clarifai claims to have developed a new way of labelling unstructured image, video and text data. Clarifai has built one integrated tool for managing data annotation projects of any size in its end-to-end AI platform.

Malaysia’s AirAsia Group is accelerating its ongoing digital transformation journey further by implementing robotic process automation (RPA) in collaboration with Silicon Valley and India-based enterprise automation platform JIFFY.ai.

Lee, Hong, Degerman, Kang & Waimey, PC (LHDK&W), has successfully deployed Docscorp contentCrawler to enable full file search and precise legal discovery.

FloQast, a provider of close management software created by accountants for accountants to close the books faster and more accurately, today announced the addition of new amortization reconciliation capabilities to FloQast AutoRec, an AI-powered solution to automate the highly manual and error-prone account reconciliation process.

The recent questioning of the heads of Amazon, Facebook, Google and Apple in the US Congress has highlighted the threat their practices pose to our privacy and democracy.However these big four companies are only part of a vast, sophisticated system of mass surveillance.

A famous 1990s New Yorker cartoon showed two dogs at a computer and a caption that read “On the Internet, nobody knows you’re a dog.” The cartoon represents a digital past when people required few safeguards on the internet. People could explore a world of information without having every click tracked or their personal data treated as a commodity.

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