The future of fintech is cloud, AI, blockchain, IoT, 6G and quantum computing, says Anton Ruddenklau, Global Co‐leader of FinTech at KPMG. Those are the technologies that are fueling the digital transformation and will be central to financial services in the UK and the world going forward.
“Our customers, they’re betting their business on us,” says Salesforce co-CEO Keith Block. “They’re disrupting their business models. They’re reinventing themselves leveraging our technology.” Block says that we are just at the dawn of the Fourth Industrial Revolution.
SAP CEO Bill McDermott remains very optimistic about doing business in China. He says that SAP has a fundamental belief in China and continues to invest in China. “We’re not having challenges in China,” says McDermott. “We’re doubling down in China.”
There will be real-time enterprise solutions based on 5G says Verizon CEO Hans Vestberg. He predicts that this is a way to transform an enterprise. Vestberg also says that 5G will continue to aggressively roll out this year.
Every business has been disrupted by the digital transformation, says Hewlett Packard Enterprise President and CEO Antonio Neri. With that disruption is an explosion of valuable data. “That data has value,” says Neri. “We see that as a massive opportunity.”
Cloud is just getting started says Okta CEO, Todd McKinnon. “We’re still in the early days of cloud adoption,” says McKinnon. “We’re very excited about the runway ahead and the value we can provide, in that context of really… cloud taking over the world.”
Verizon CEO Hans Vestberg says that 5G is much more than just your typical mobile network speed improvement. 5G is a transformative technology that will power the Fourth Industrial Revolution and changing society in the process.
“Cloud is really the new normal,” says Scott Mullins, Head of Worldwide Financial Services Business Development at AWS. “If you look across enterprise companies and financial services today, the vast majority are considering cloud as a major part of their IT strategy going forward.”
Toyota has introduced the hybrid P4 concept car that includes increased accident protection that is much “smarter” than its predecessor. Toyota says that with greater computing power, its systems can operate more machine learning algorithms in parallel for faster learning.
If you’re not very confident in global stability you should be long on Bitcoin says tech mogul Geoff Lewis. He says blockchain the technology continues to be somewhat overhyped, but at this point he thinks bitcoins are probably relatively underhyped.