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.
How to harness IT project costs
The data-driven approach becomes a priority in business management. Companies collect large volumes of information from hundreds of sources to use it for their digital services and analytics systems development. This process run along with the endless growth of an IT infrastructure that can store data and ensure its quick processing.
Due to possible hardware shortages and higher prices, IT costs may go up significantly. Head of Tarantool platform Aleksandr Vinogradov shares what technologies are there to help you harness the total cost of infrastructure ownership (TCO).
The data-driven approach becomes a priority in business management. Companies collect large volumes of information from hundreds of sources to use it for their digital services and analytics systems development. This process run along with the endless growth of an IT infrastructure that can store data and ensure its quick processing.
Due to possible hardware shortages and higher prices, IT costs may go up significantly. Head of Tarantool platform Aleksandr Vinogradov shares what technologies are there to help you harness the total cost of infrastructure ownership (TCO).
AI News: Touch Soccer Ball, AI in Cinema, Medicine and Military
The last month of 2022 brings not only snow and the Christmas vibe but also the new CIO Compass digest with the all latest news of AI and ML.
▪️ Sensor soccer balls by Adidas are used in World Cup 2022 in Qatar. Motion sensors inside the ball report precise location data 500 times per second.
▪️ An algorithm developed by the Alan Turing Institute in Britain helps to predict the winner in the World Cup by accumulating data sets with the results of all international football matches since 1872.
▪️ Refik Anadol presents Unsupervised, the large-scale installation with digital artworks based on AI to reinterpret more than 200 years of art from MoMA’s collection.
▪️A team of researchers is using artificial intelligence to collect data of an animal's body language and posture to reveal specific ailments. The program analyzes videos of animals’ behavior and detects patterns in how certain among them.
▪️IBM released a new business intelligence and analytics suite, Business Analytics Enterprise. It is designed to help companies break down data silos and barriers to collaboration caused by the use of varied sets of analytics tools across different divisions.
▪️U.S. chip designer and computing firm Nvidia announced its cooperation with Microsoft to build a “massive” computer to handle intense artificial intelligence computing work in the cloud.
Read more news by the link:
https://globalcio.com/articles/main/ai-news-november-touch-soccer-ball-ai-in-cinema-medicine-and-military/
The last month of 2022 brings not only snow and the Christmas vibe but also the new CIO Compass digest with the all latest news of AI and ML.
▪️ Sensor soccer balls by Adidas are used in World Cup 2022 in Qatar. Motion sensors inside the ball report precise location data 500 times per second.
▪️ An algorithm developed by the Alan Turing Institute in Britain helps to predict the winner in the World Cup by accumulating data sets with the results of all international football matches since 1872.
▪️ Refik Anadol presents Unsupervised, the large-scale installation with digital artworks based on AI to reinterpret more than 200 years of art from MoMA’s collection.
▪️A team of researchers is using artificial intelligence to collect data of an animal's body language and posture to reveal specific ailments. The program analyzes videos of animals’ behavior and detects patterns in how certain among them.
▪️IBM released a new business intelligence and analytics suite, Business Analytics Enterprise. It is designed to help companies break down data silos and barriers to collaboration caused by the use of varied sets of analytics tools across different divisions.
▪️U.S. chip designer and computing firm Nvidia announced its cooperation with Microsoft to build a “massive” computer to handle intense artificial intelligence computing work in the cloud.
Read more news by the link:
https://globalcio.com/articles/main/ai-news-november-touch-soccer-ball-ai-in-cinema-medicine-and-military/
The loss of employees is a big issue for any business right now. Many talents achieve their best in the company and leave it for further career growth. But a team is half of the battle in the market race. Only motivated talents are able to make products better and more competitive.
Artyom Narmagambetov, Deputy CTO at Wooppay fintech company, shared his best practices for attracting and retaining employees.
Artyom Narmagambetov, Deputy CTO at Wooppay fintech company, shared his best practices for attracting and retaining employees.
How to set up a banking ecosystem?
Building an ecosystem at the bank allows for inter-regional payments. The development process is quite effortless, you only need a mobile application and some time to let customers from other regions and countries receive their money in their bank accounts.
However, the devil is always in the details. So Global CIO asked Norman Mukushev (Halyk Bank, Kazahstan) to share his experience of the banking ecosystem. Watch his interview by the link.
Building an ecosystem at the bank allows for inter-regional payments. The development process is quite effortless, you only need a mobile application and some time to let customers from other regions and countries receive their money in their bank accounts.
However, the devil is always in the details. So Global CIO asked Norman Mukushev (Halyk Bank, Kazahstan) to share his experience of the banking ecosystem. Watch his interview by the link.
Technology Trends for 2023
Predicting the future now is a thankless job. However, we will still try to determine key trends which will continue to change the IT world in 2023. Read about six of them by the link.
Predicting the future now is a thankless job. However, we will still try to determine key trends which will continue to change the IT world in 2023. Read about six of them by the link.
How to launch digital mortgage lending products. The case of Freedom Holding Group
A mortgage is a major banking product nowadays. But the process of approving is usually quite outdated. The leading fintech company of Kazahstan Freedom Holding Group decided to change it and design a digital mortgage service. A user only has to fill out a questionnaire and share their name and phone number. This data is enough to profile the customer and make a decision on the approval or rejection of a loan application in a couple of minutes.
We asked Vadim Atamanenko, CIO at Freedom Holding Group, about how the digital montage service actually works. Watch the case by the link.
A mortgage is a major banking product nowadays. But the process of approving is usually quite outdated. The leading fintech company of Kazahstan Freedom Holding Group decided to change it and design a digital mortgage service. A user only has to fill out a questionnaire and share their name and phone number. This data is enough to profile the customer and make a decision on the approval or rejection of a loan application in a couple of minutes.
We asked Vadim Atamanenko, CIO at Freedom Holding Group, about how the digital montage service actually works. Watch the case by the link.
CIO yesterday, today, tomorrow: from a do-everything performer to business partner
It's no surprise that a CIO is often the one who has to do wonders. As an expert, they are expected to know all the nuances and can solve the most challenging issues. However, with bigger authority comes greater accountability. And it’s not always easy to find common ground in business issues. So, what does a modern CIO look like?
Read by the link.
It's no surprise that a CIO is often the one who has to do wonders. As an expert, they are expected to know all the nuances and can solve the most challenging issues. However, with bigger authority comes greater accountability. And it’s not always easy to find common ground in business issues. So, what does a modern CIO look like?
Read by the link.
The only thing that we’d like to take from 2022 is key AI news.
▪️ The survey on the state of AI from McKinsey's QuantumBlack demonstrates that business adoption of the technology has doubled in the last five years.
▪️ Research team from Disney has revealed a new aging/de-aging tool that can make an actor look convincingly older or younger, without the need for weeks of complex and expensive visual effects work.
▪️ Google is now trying to change that paradigm for its Google Sheets online spreadsheet program with the help of ML.
▪️ Planetary scientists discussed how new ML techniques have changed the way we learn about our solar system, from planning for future mission landings on Jupiter's icy moon Europa to identifying volcanoes on tiny Mercury.
Read more in the Global CIO’s news digest.
▪️ The survey on the state of AI from McKinsey's QuantumBlack demonstrates that business adoption of the technology has doubled in the last five years.
▪️ Research team from Disney has revealed a new aging/de-aging tool that can make an actor look convincingly older or younger, without the need for weeks of complex and expensive visual effects work.
▪️ Google is now trying to change that paradigm for its Google Sheets online spreadsheet program with the help of ML.
▪️ Planetary scientists discussed how new ML techniques have changed the way we learn about our solar system, from planning for future mission landings on Jupiter's icy moon Europa to identifying volcanoes on tiny Mercury.
Read more in the Global CIO’s news digest.
How to scale cloud-based projects and outsource IT services
One day, Abdulaziz Sattarov, a Member of the Board of Universalbank, realized that the company had problems with timely launches and the CIO constantly postponed deployments due to a lack of data servers and their high cost. But the vehicle was not the only problem the bank suffered from talent deficit. There were only 100 experienced IT directors for the whole of Uzbekistan. Digitalization was at stake.
Fortunately, the strategy was developed after research. Universal bank moved all data to the cloud and outsourced As a result, it takes only 30 minutes to create a new server. Furthermore, production has become five times cheaper.
Watch the case presentation by the link.
One day, Abdulaziz Sattarov, a Member of the Board of Universalbank, realized that the company had problems with timely launches and the CIO constantly postponed deployments due to a lack of data servers and their high cost. But the vehicle was not the only problem the bank suffered from talent deficit. There were only 100 experienced IT directors for the whole of Uzbekistan. Digitalization was at stake.
Fortunately, the strategy was developed after research. Universal bank moved all data to the cloud and outsourced As a result, it takes only 30 minutes to create a new server. Furthermore, production has become five times cheaper.
Watch the case presentation by the link.