Open-source News

The Urgent Need for Future-Ready Boards (of Directors)

UR Solutions - Tue, 09/08/2020 - 15:10

Part 2: A few easy steps

“Boards that are digitally savvy outperform (their non-savvy counterparts),” shared Aliza Knox in a recent online general membership meeting of the Management Association of the Philippines (MAP). Knox is Non Executive Director, Grant Thornton International Ltd.

Numbers don’t lie.

Knox cites from a 2017 MIT Sloan Center for Information Systems Research, analysis of companies with 6 or more directors with annual revenues of over US$1B. It’s a 34% difference for both ROA and 3-year Market Cap Growth. A healthy 17% difference in Profit Margin, but a whopping 38% difference in Revenue Growth over 3 years.
Very simple starter steps can steer Boards towards a state of being digital savvy.

Again, it’s a change in mindset. Boards need to understand what about being digital should be the focus.

1. Topics discussed in Board meetings are a tell-all. Digital savvy Board need to discuss immediate, and extended issues that include:
1.1 Cybersecurity (how to keep client accounts and privacy safe and secure);
1.2. Disruptions and Innovators (understanding the digital environment, knowing who the players are, and what are the elements in the scene that can change the business); 1.3. Transformation (what is the company’s online presence, is it friendly, easily accessible); and
1.4. Tech spending (knowing what to spend on, and what’s on the immediate pipeline).

2. Board Members, the personalities that compose the Board must be remarkably diverse. Consider age and gender, where youth and experience can mix well with established and experience. Digital is technology, so a Technology, Sustainability expert, or Data analyst would be wise considerations.

Another would be to invite an Indie whose background or external POVs might prove insightful.

It is also good consideration to constantly study the composition and diversity and effect beneficial change as necessary.

3. Tech Fluency is emphasized as staying connected. Learn from the company technologist, stay abreast of your digital posts, from the people in the company. Read a lot, and pay attention to trends. PayMaya, TikTok are not the latest Disney characters. And, AI and IoT are not hip-hop stars.

Where PayMaya disrupted normal payment transactions and banking functions by simplifying online payments, and giving power to those without credit, TikTok 'shookt' the internet via a throng of bored youth during the early lockdown—and eventually cause POTUS to sever ties from its Chinese makers.

A digitally paying public is hand-held by secure, reliable and accessible online payment methods. Thus, a sparkling and robust eCommerce community is another trend digital savvy Boards must be able to take advantage of.

Changing business models go beyond eComm and online payments. Freebies (freemiums), loyalty rewards, streaming and on-demand, are only a handful of the current disruptions that are making a killing.

Knox makes a strong case for Boards to make the crucial leap, saying, “I hope I was able to communicate that there’s a real financial value in having a digitally savvy Board. There are a lot of concrete actions to take to both digitize Board tools, and digitize the Board’s thinking to make management teams future ready.”

How to install software with Ansible

opensource.com - Tue, 09/08/2020 - 15:02

Ansible is a popular automation tool used by sysadmins and developers to keep their computer systems in prime condition. As is often the case with extensible frameworks, Ansible has limited use on its own, with its real power dwelling in its many modules. Ansible modules are, in a way, what commands are to a Linux computer. They provide solutions to specific problems, and one common task when maintaining computers is keeping all the ones you use updated and consistent.


read more

Deploy a deep learning model on Kubernetes

opensource.com - Tue, 09/08/2020 - 15:01

As enterprises increase their use of artificial intelligence (AI), machine learning (ML), and deep learning (DL), a critical question arises: How can they scale and industrialize ML development? These conversations often focus on the ML model; however, this is only one step along the way to a complete solution. To achieve in-production application and scale, model development must include a repeatable process that accounts for the critical activities that precede and follow development, including getting the model into a public-facing deployment.


read more

Open source data control for cloud services with Apache Ranger

opensource.com - Tue, 09/08/2020 - 15:00

As the movement to migrate enterprise data to the cloud gathers steam, there is an active debate on the best approach to securing and protecting it. But before we talk about the details of the various access control frameworks, let us first understand the breadth of challenges a company faces when it begins migrating its data to the cloud. First and foremost is the wide array of storage and analysis or compute services offered by cloud and third-party providers.


read more

How to Install MongoDB Community Edition on Ubuntu

Tecmint - Tue, 09/08/2020 - 14:05

MongoDB is an open-source, document database based on the cutting edge technology of NoSQL. It supports the development of modern web applications, with features such as strong consistency, flexibility, expressive query languages, and secondary

The post How to Install MongoDB Community Edition on Ubuntu first appeared on Tecmint: Linux Howtos, Tutorials & Guides.

Red Hat Marketplace: The open hybrid cloud game changer

Red Hat News - Tue, 09/08/2020 - 12:00

Hybrid and multicloud environments are quickly becoming a standard for global enterprises, as flexibility, freedom of choice and workload portability become necessities in successfully building and deploying applications. When public cloud providers first entered the market, many insisted that all workloads be deployed on a single public cloud. At Red Hat, we recognized early on that users wanted and needed the flexibility to operate across many different environments, from public and private clouds to virtual systems and bare metal.

New report finds automation paves the way for business and technical benefits alike

Red Hat News - Tue, 09/08/2020 - 12:00

Today’s businesses are challenged with moving faster than ever before and often with less resources, both in terms of budget and personnel. The tumultuous landscape and shifting global dynamics that organizations currently face with more workforces moving remote is leading many IT departments to evaluate how they can continue to support their customers and grow their business in uncertain times. 

GNOME Power-Profiles-Daemon Taking Shape For Better System/Laptop Power Controls

Phoronix - Tue, 09/08/2020 - 12:00
The GNOME Power Profiles Daemon (power-profiles-daemon) has begun taking shape over the past few weeks for ultimately allowing better controls over system power preferences with different profiles...

Inkscape 1.0.1 Released With Many Fixes, Experimental Scribus PDF Export

Phoronix - Tue, 09/08/2020 - 08:30
Following the major Inkscape 1.0 release happening back in May for this very popular, cross-platform vector graphics program there is the first point release now available...

KDevelop 5.6 IDE Brings Better Stability, Performance

Phoronix - Tue, 09/08/2020 - 05:21
Version 5.6 of KDevelop as the KDE-focused integrated development environment is now available...

Ubuntu 20.10 Adding Active Directory Support To The Installer

Phoronix - Tue, 09/08/2020 - 00:32
The "Ubiquity" installer used by the Ubuntu desktop is set to feature Active Directory (AD) integration with the upcoming Ubuntu 20.10 release...

Pages