How to not get lost in the riot of IT news? Follow your heart, or rather read "Compass of CIO", a monthly digest introducing the most important cases of AI and ML implementation in various industries. This month read about:
— A member of the GitHub community revealed an easy way of letting free-range cats back in the house.
— A new study by the International Union for Conservation of Nature used machine learning to figure out how many threatened lesser-known species are there.
— Tesla revealed a wealth of details at Hot Chips 34 on their fully custom supercomputing architecture called Dojo.
— Most Australian and New Zealand healthcare organizations struggle to use data analytics to support their business objectives.
— Researchers at the University of Prince Edward Island are using AI modeling to warn farmers about risks to their crops as weather becomes more unpredictable.
— A member of the GitHub community revealed an easy way of letting free-range cats back in the house.
— A new study by the International Union for Conservation of Nature used machine learning to figure out how many threatened lesser-known species are there.
— Tesla revealed a wealth of details at Hot Chips 34 on their fully custom supercomputing architecture called Dojo.
— Most Australian and New Zealand healthcare organizations struggle to use data analytics to support their business objectives.
— Researchers at the University of Prince Edward Island are using AI modeling to warn farmers about risks to their crops as weather becomes more unpredictable.
Halyk Bank: How to Attract and Retain IT Professionals
Halyk Bank is the largest financial institution in Kazakhstan. Despite the rapid development in recent years, the bank faces the same problems as other large regional companies. Right now, the main challenge for businesses is hiring and retaining IT professionals in an overheated job market. For instance, IOS developers' average work term is only 4 months.
Anton Musin, Chief Executive Officer at Halyk Bank, spoke about the means and methods the bank uses to compete for staff:
https://globalcio.com/articles/experience/halyk-bank-how-to-attract-and-retain-it-specialists/
Halyk Bank is the largest financial institution in Kazakhstan. Despite the rapid development in recent years, the bank faces the same problems as other large regional companies. Right now, the main challenge for businesses is hiring and retaining IT professionals in an overheated job market. For instance, IOS developers' average work term is only 4 months.
Anton Musin, Chief Executive Officer at Halyk Bank, spoke about the means and methods the bank uses to compete for staff:
https://globalcio.com/articles/experience/halyk-bank-how-to-attract-and-retain-it-specialists/
How to build the most reliable corporate information system
The history of the Subsidiary Bank of Sberbank of Russia Joint Stock Company in Kazakhstan begins at the end of 2006, when Sberbank of Russia acquired a 99.99% stake in TeksakaBank, recognized as the bank with the best level of customer service by National Business magazine.
SberBank has completed a unique project, a corporate information system that has become much more reliable and can ensure the continuity of the bank's business in the event of an emergency or threat of an emergency.
On June 11, 2022, the bank's information systems were switched from the main data center to a disaster-proof backup data center, the Bank fully worked at the backup data center for 12 hours, and all systems returned to the main data center without data loss.
How the project was implemented from setting the task, designing, implementing the IT infrastructure to comprehensive testing, Sergey Karakhanov told to Global CIO.
The history of the Subsidiary Bank of Sberbank of Russia Joint Stock Company in Kazakhstan begins at the end of 2006, when Sberbank of Russia acquired a 99.99% stake in TeksakaBank, recognized as the bank with the best level of customer service by National Business magazine.
SberBank has completed a unique project, a corporate information system that has become much more reliable and can ensure the continuity of the bank's business in the event of an emergency or threat of an emergency.
On June 11, 2022, the bank's information systems were switched from the main data center to a disaster-proof backup data center, the Bank fully worked at the backup data center for 12 hours, and all systems returned to the main data center without data loss.
How the project was implemented from setting the task, designing, implementing the IT infrastructure to comprehensive testing, Sergey Karakhanov told to Global CIO.
IKEA CIO Paolo Cinelli Explains Digital Transformation
"When we first began to think about digital transformation, the key question that we began to ask ourselves was — why is it needed? The answer is that digital transformation is not just a choice of technologies. It's about business transformation".
On February 2022 , Global CIO had an online meeting with the Director of Information and Digital Technologies of IKEA KSA & Bahrain Paolo Cinelli. Thrillingly, an international company with significant financial resources also faces difficulties in the operation of an online store and it isn’t always able to clearly define a digitalization strategy. How the company overcomes these difficulties is the speech of Paolo Cinelli.
"When we first began to think about digital transformation, the key question that we began to ask ourselves was — why is it needed? The answer is that digital transformation is not just a choice of technologies. It's about business transformation".
On February 2022 , Global CIO had an online meeting with the Director of Information and Digital Technologies of IKEA KSA & Bahrain Paolo Cinelli. Thrillingly, an international company with significant financial resources also faces difficulties in the operation of an online store and it isn’t always able to clearly define a digitalization strategy. How the company overcomes these difficulties is the speech of Paolo Cinelli.
Sunlight like a diamond. Management in IT and IT teams of the largest jewelry distributors
Sunlight team includes more than 4000 sellers. The company sells over 100 brands and 35% of the store's sales are online. And most importantly, the store has already been visited by more than 1 million visitors in person and online.
Dmitry Lazarev, Deputy General Director for IT and Operations, is in charge of developing the impressive number of technologies and platforms that make such an extensive business work effectively. Over the past couple of years, Dmitry and his team launched retail and e-comers platforms and a mobile app for merchants.
How does it all work? Read about it in a recent Global CIO feature.
Sunlight team includes more than 4000 sellers. The company sells over 100 brands and 35% of the store's sales are online. And most importantly, the store has already been visited by more than 1 million visitors in person and online.
Dmitry Lazarev, Deputy General Director for IT and Operations, is in charge of developing the impressive number of technologies and platforms that make such an extensive business work effectively. Over the past couple of years, Dmitry and his team launched retail and e-comers platforms and a mobile app for merchants.
How does it all work? Read about it in a recent Global CIO feature.
On October 6, 2022, the professional IT community Global CIO held a meeting of IT leaders of Uzbekistan as part of the international project "TOP 100 IT Leaders".
During the event, IT managers of large companies of Uzbekistan spoke:
▪️Muzaffar Azamov, Chairman of the Committee for the Development of Information Technology and Innovation Chamber of Commerce and Industry / "Republic of Uzbekistan Development of the IT sector in the Republic of Uzbekistan".
▪️ Alexander Petrov, Veeam Software Regional Manager/ "Veeam data protection today and tomorrow!"
▪️ Bakhtiyor Alimov, Director of the Project Management Department of Bank Ipak Yuli and Alexey Ilyin, Managing Partner of A+ Solutions / "Digital transformation of the bank: changes in the approach to IT architecture and IT management processes".
▪️Abdulaziz Sattarov, member of the Board of UniversalBank / "How the role of CIO is changing, its new tasks".
Then a round table was held on the topic "Modern IT leadership: role, competencies, priorities"
Topics for discussion:
▪️ How would you prioritize yourself as the IT leader of your company: people/processes/technology?
▪️ How do you define the role of IT departments of companies in their digital transformation? Is it a tool for implementing an IT strategy or is it the initiator and driver of this process?
▪️ Challenges of the new time. What are they?
▪️ What are the main skills and qualities of an IT leader in modern conditions?
▪️ How do you see IT processes in your company, and what is your overall role in the company in 5 years?
Participants were welcomed by Ekaterina Lyasko, CEO of Global CIO and Ekaterina Egorova, Project Manager "Top 100 IT Leaders". The high level of professionalism and IT projects that were presented at this meeting opened up opportunities for active discussions, especially in the informal part of the event.
During the event, IT managers of large companies of Uzbekistan spoke:
▪️Muzaffar Azamov, Chairman of the Committee for the Development of Information Technology and Innovation Chamber of Commerce and Industry / "Republic of Uzbekistan Development of the IT sector in the Republic of Uzbekistan".
▪️ Alexander Petrov, Veeam Software Regional Manager/ "Veeam data protection today and tomorrow!"
▪️ Bakhtiyor Alimov, Director of the Project Management Department of Bank Ipak Yuli and Alexey Ilyin, Managing Partner of A+ Solutions / "Digital transformation of the bank: changes in the approach to IT architecture and IT management processes".
▪️Abdulaziz Sattarov, member of the Board of UniversalBank / "How the role of CIO is changing, its new tasks".
Then a round table was held on the topic "Modern IT leadership: role, competencies, priorities"
Topics for discussion:
▪️ How would you prioritize yourself as the IT leader of your company: people/processes/technology?
▪️ How do you define the role of IT departments of companies in their digital transformation? Is it a tool for implementing an IT strategy or is it the initiator and driver of this process?
▪️ Challenges of the new time. What are they?
▪️ What are the main skills and qualities of an IT leader in modern conditions?
▪️ How do you see IT processes in your company, and what is your overall role in the company in 5 years?
Participants were welcomed by Ekaterina Lyasko, CEO of Global CIO and Ekaterina Egorova, Project Manager "Top 100 IT Leaders". The high level of professionalism and IT projects that were presented at this meeting opened up opportunities for active discussions, especially in the informal part of the event.
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Compass CIO: Chess AI, Neural Network Training, The Voice as a Health Creator, etc.
The first autumn month tells us to start with some not-so-serious news of AI and analytics. That’s why we will begin with astonishing accusations, made by five-time world chess champion Magnus Carlsen. After the tournament in St.Louis, Missouri, the Norwegian grandmaster made a Twitter statement explaining his defeat to an American competitor and saying Hans Niemann was cheating. Although it is difficult to cheat in chess when rivals sit directly across the board with a number of officials over their shoulders, modern advances in AI algorithms are here to help.
Read the October AI news digest via the link.
The first autumn month tells us to start with some not-so-serious news of AI and analytics. That’s why we will begin with astonishing accusations, made by five-time world chess champion Magnus Carlsen. After the tournament in St.Louis, Missouri, the Norwegian grandmaster made a Twitter statement explaining his defeat to an American competitor and saying Hans Niemann was cheating. Although it is difficult to cheat in chess when rivals sit directly across the board with a number of officials over their shoulders, modern advances in AI algorithms are here to help.
Read the October AI news digest via the link.
On October 12, 2022, the GlobalCIO IT professional community held the first international online conference of IT leaders “IT in an era of change. CIO view".
The meeting was attended by speakers from Kazakhstan, Azerbaijan, Uzbekistan and Turkey. We discussed digital mortgage lending products, cloud technologies, creating ecosystems and solving the issue of personnel shortages.
As part of the event, IT leaders spoke:
▪️Vadim Atamanenko, CIO, Freedom Holding Corp (Kazakhstan), shared his experience in online insurance and launching an online mortgage lending project.
▪️ Nariman Mukushev, Deputy Chairman of the Board of HalykBank, told us how to turn a bank into an ecosystem.
▪️Etibar Agayev, Head Of Information Technology Department of Bravo Supermarket (Azerbaijan), shared his experience in implementing biometric payment at checkouts.
▪️ Abdulaziz Sattarov, a member of the Council of UniversalBank (Uzbekistan) spoke about the Scaling of projects based on cloud technologies.
▪️ Techniques for retaining and attracting new employees were discussed with Artem Narmagambetov, Deputy CTO, WOOPPAY Payment Ecosystem (Kazakhstan).
▪️ Turkey was represented at the conference by Ahmet Hakan Göral, Chief Information Officer, Boutique Rugs with a speech: Personnel shortage during and after the pandemic and how to overcome that issue by supporting remote working.
Thanks to everyone for participating in the inspiring event!
The meeting was attended by speakers from Kazakhstan, Azerbaijan, Uzbekistan and Turkey. We discussed digital mortgage lending products, cloud technologies, creating ecosystems and solving the issue of personnel shortages.
As part of the event, IT leaders spoke:
▪️Vadim Atamanenko, CIO, Freedom Holding Corp (Kazakhstan), shared his experience in online insurance and launching an online mortgage lending project.
▪️ Nariman Mukushev, Deputy Chairman of the Board of HalykBank, told us how to turn a bank into an ecosystem.
▪️Etibar Agayev, Head Of Information Technology Department of Bravo Supermarket (Azerbaijan), shared his experience in implementing biometric payment at checkouts.
▪️ Abdulaziz Sattarov, a member of the Council of UniversalBank (Uzbekistan) spoke about the Scaling of projects based on cloud technologies.
▪️ Techniques for retaining and attracting new employees were discussed with Artem Narmagambetov, Deputy CTO, WOOPPAY Payment Ecosystem (Kazakhstan).
▪️ Turkey was represented at the conference by Ahmet Hakan Göral, Chief Information Officer, Boutique Rugs with a speech: Personnel shortage during and after the pandemic and how to overcome that issue by supporting remote working.
Thanks to everyone for participating in the inspiring event!
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CIO/CDTO practice. How to build an efficient dialogue between IT and businesses in the face of drastic changes?
CIO club members and business leaders are actively discussing information technology management strategies and digital transformation strategies. IT departments are becoming the key driver of changes that are important both in terms of IT infrastructure compliance with new requirements, and company development as a whole, along with getting extra perks. In this context, CIOs (CDOs, CDTOs) exceedingly need to justify their actions and build trust with businesses. Sounds nice, doesn't it? But how to do it right? Read in a new Global CIO feature by the link.
CIO club members and business leaders are actively discussing information technology management strategies and digital transformation strategies. IT departments are becoming the key driver of changes that are important both in terms of IT infrastructure compliance with new requirements, and company development as a whole, along with getting extra perks. In this context, CIOs (CDOs, CDTOs) exceedingly need to justify their actions and build trust with businesses. Sounds nice, doesn't it? But how to do it right? Read in a new Global CIO feature by the link.
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Indian edtech giant Byju’s raises $250 million in fresh funding
Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial public offering and cut thousands of jobs.
The new funding valued the Bengaluru-headquartered startup at $22 billion, the same figure at which it raised a financing round in March this year, a person familiar with the matter said.
The company, India’s most valuable startup, declined to comment on the valuation but said Qatar’s sovereign fund, Qatar Investment Authority, participated in the round. It did not identify other backers. Byju Raveendran, founder and chief executive of Byju’s, told TechCrunch in an earlier interview that the startup was engaging with existing sovereign funds to put together a new round.
Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial public offering and cut thousands of jobs.
The new funding valued the Bengaluru-headquartered startup at $22 billion, the same figure at which it raised a financing round in March this year, a person familiar with the matter said.
The company, India’s most valuable startup, declined to comment on the valuation but said Qatar’s sovereign fund, Qatar Investment Authority, participated in the round. It did not identify other backers. Byju Raveendran, founder and chief executive of Byju’s, told TechCrunch in an earlier interview that the startup was engaging with existing sovereign funds to put together a new round.
Project Of The Year: IS Biometric Identification (My ID)
"Project Of the Year" is a major IT event that unites CIOs from the CIA and other regions. It gives a unique opportunity for IT leaders to share their experiences and present the best practices of digital transformation and digitalization.
We’d like to share the most spectacular IT projects with you. And the first one is the case of My ID, the biometric Identification system designed by Uzinfocom for The Central Bank of Uzbekistan.
The My ID information system allows to identify and authorize individuals by biometric parameters of the face in order to provide them access to banking or other services. Moreover, it provides reliable storage of information and protection.
Read more about this case on Global CIO:
https://globalcio.com/cases/7410/
"Project Of the Year" is a major IT event that unites CIOs from the CIA and other regions. It gives a unique opportunity for IT leaders to share their experiences and present the best practices of digital transformation and digitalization.
We’d like to share the most spectacular IT projects with you. And the first one is the case of My ID, the biometric Identification system designed by Uzinfocom for The Central Bank of Uzbekistan.
The My ID information system allows to identify and authorize individuals by biometric parameters of the face in order to provide them access to banking or other services. Moreover, it provides reliable storage of information and protection.
Read more about this case on Global CIO:
https://globalcio.com/cases/7410/
How Kolesa works: people and teams, processes, infrastructure
Do you remember Ilya Stekolnikov, IT Director at Kolesa.kz? We had a conversation with him a few weeks ago. Kolesa is the largest car resource and the No. 1 application in Kazakhstan. The other brands of this tech corp (Krysha, Market, IAgent) are also the major players in the local digital market.
The case of Kolesa.kz is so extraordinary that we decided to talk with Ilya again. And this time, Global CIO asked him just one simple question "How does it all actually work?"
Read and watch his answer by the link:
https://globalcio.com/articles/experience/how-kolesa-works/
Do you remember Ilya Stekolnikov, IT Director at Kolesa.kz? We had a conversation with him a few weeks ago. Kolesa is the largest car resource and the No. 1 application in Kazakhstan. The other brands of this tech corp (Krysha, Market, IAgent) are also the major players in the local digital market.
The case of Kolesa.kz is so extraordinary that we decided to talk with Ilya again. And this time, Global CIO asked him just one simple question "How does it all actually work?"
Read and watch his answer by the link:
https://globalcio.com/articles/experience/how-kolesa-works/
Art of the future and the digital amnesia syndrome. How technology affects culture
The Global CIO platform hosted an unusual discussion titled “Creativity + technology = art of the future” which tackled the issues of IT in the cultural and social areas. For the first time, we decided to discover how and how much modern technologies are transforming art.
By the link, you'll find a video recording of our conversation along with the speakers’ most memorable quotes.
The Global CIO platform hosted an unusual discussion titled “Creativity + technology = art of the future” which tackled the issues of IT in the cultural and social areas. For the first time, we decided to discover how and how much modern technologies are transforming art.
By the link, you'll find a video recording of our conversation along with the speakers’ most memorable quotes.
Compass of CIO: AI headed a political party and analyzed data on Formula 1 races, etc.
Well, it seems that the Rise of the Machines is coming. But you’ll never guess from where Skynet decided to start enslavement of all living things. It’s Denmark, the country where the first AI-ruled political party will take part in the next elections.
It’s your choice to send congratulations on victory or lead the resistance to the machines. And our duty is to keep you informed about all news from AI-world.
Read them in our recent «Compass of CIO» digest.
Well, it seems that the Rise of the Machines is coming. But you’ll never guess from where Skynet decided to start enslavement of all living things. It’s Denmark, the country where the first AI-ruled political party will take part in the next elections.
It’s your choice to send congratulations on victory or lead the resistance to the machines. And our duty is to keep you informed about all news from AI-world.
Read them in our recent «Compass of CIO» digest.
Everybody heard about it, most of us worked with it and, we hope, fulfilled it.
Yeah, we're talking about KPI. Key Performance Indicators are easy to establish. But they won't be an effective tool that really can improve performance, if your business goals aren't SMART enough. Which means that they should be Specific, Measurable, Achievable, Relevant, and Time-bound.
So, read our new feature about how to keep your eyes on the goal and to implement KPI in digital transformation:
https://globalcio.com/articles/main/kpis-hitting-the-bull-s-eye/
Yeah, we're talking about KPI. Key Performance Indicators are easy to establish. But they won't be an effective tool that really can improve performance, if your business goals aren't SMART enough. Which means that they should be Specific, Measurable, Achievable, Relevant, and Time-bound.
So, read our new feature about how to keep your eyes on the goal and to implement KPI in digital transformation:
https://globalcio.com/articles/main/kpis-hitting-the-bull-s-eye/
Effective digital product lifecycle management is crucial for every IT department. As a result, product managers become in-demand and, by the way, well-paid talents.
But, as uncle Ben has rightly said, "With great power comes great responsibility". That's why the PM role requires more knowledge and skills. And which of these competencies proved to be the most important?
Read by the link.
But, as uncle Ben has rightly said, "With great power comes great responsibility". That's why the PM role requires more knowledge and skills. And which of these competencies proved to be the most important?
Read by the link.
Every mistake is a lesson that helps to improve professionalism
First Credit Bureau (PKB) is one of the largest tech companies in Kazakhstan with the most up-to-date database of credit histories and 40 services providing credit and non-credit processes, statistics, and predictive analytics for the financial market base on ML and AI.
Global CIO talked to Vladislav Kubrikov (CTO at PBK) about company structure, the choice between in-house developers or soft vendors, and changes in business goals over time.
First Credit Bureau (PKB) is one of the largest tech companies in Kazakhstan with the most up-to-date database of credit histories and 40 services providing credit and non-credit processes, statistics, and predictive analytics for the financial market base on ML and AI.
Global CIO talked to Vladislav Kubrikov (CTO at PBK) about company structure, the choice between in-house developers or soft vendors, and changes in business goals over time.
OneWeb Kazakhstan opens a showroom of broadband satellite communications
OneWeb Kazakhstan Ltd., a participant of the Astana International Financial Center, plans to demonstrate services for potential distribution partners and corporate clients in its showroom "B2B demo zone" on the territory of the AIFC Tech Hub in Astana.
The demonstration of qualitatively new features of high-speed satellite Internet OneWeb at the AIFC site will create a point of attraction for the heads of state bodies and businesses of Kazakhstan and Central Asia, and will also allow visitors to identify the advantages of implementing large investment and technological projects in the jurisdiction of the AIFC.
OneWeb Kazakhstan Ltd., a participant of the Astana International Financial Center, plans to demonstrate services for potential distribution partners and corporate clients in its showroom "B2B demo zone" on the territory of the AIFC Tech Hub in Astana.
The demonstration of qualitatively new features of high-speed satellite Internet OneWeb at the AIFC site will create a point of attraction for the heads of state bodies and businesses of Kazakhstan and Central Asia, and will also allow visitors to identify the advantages of implementing large investment and technological projects in the jurisdiction of the AIFC.
How IT works in Uzbekistan
Laziz Adkhamov is a founder of successful IT companies, service companies, and the largest call center in the country. When SAP first entered the Uzbek market, Mr. Adkhamov was invited to run the process.
In the interview, we talked about how Laziz’s IT journey started at the early age of 14, why SAP could be crucial for a business, how privatization of state assets works in Uzbekistan, what are the KPI mental models, and, of course, what are the digitalization prospects in the country.
Laziz Adkhamov is a founder of successful IT companies, service companies, and the largest call center in the country. When SAP first entered the Uzbek market, Mr. Adkhamov was invited to run the process.
In the interview, we talked about how Laziz’s IT journey started at the early age of 14, why SAP could be crucial for a business, how privatization of state assets works in Uzbekistan, what are the KPI mental models, and, of course, what are the digitalization prospects in the country.