Business Wire

Axway Global Study Reveals Gap Between Impact of Technology on Personal and Professional Lives

Jaa

To examine the impact of technology on our lives, Axway (Paris:AXW) (Euronext: AXW.PA), a catalyst for digital transformation, today published the results of a global survey which found that 91 percent of people believe that technology advancements have made their lives easier. The survey of more than 2,600 people across the Australia, France, Germany, United States, and the United Kingdom identified a huge gap between the impact of technology on our personal and professional lives and also examined the concerns people have around the changing relationship between man and machine.

Organizations Need to Keep Up with Technology Used in Consumer’s Personal Lives

Despite huge investments from organizations across almost every industry in technologies that transform business processes and enable new models for working, the survey found that technology is having a much larger impact on our personal lives.

  • 70 percent of consumers stated that technology has had a greater impact on their personal lives than their professional lives.
  • This trend was particularly evident with millennials, with 75 percent of millennials versus older generations (66 percent) stating that their personal lives have been impacted more by technology.

Technology Improves Our Lives, But Impacts Interpersonal Skills

Despite the vast majority of people (91 percent) agreeing that technology has had a positive impact on our lives, whether in the personal or professional realm, the survey identified key concerns around its impact on our interpersonal skills. The top concerns were:

  • 53 percent said that today’s level of interaction with technology is killing the art of good conversation, with women (56 percent) more likely than men (49 percent).
  • 40 percent said technology is making people more impatient.
  • 39 percent said that technology is reducing attention spans.

Blurring Line Between Man and Machine is Creating Concerns

As organizations continue to invest in new technologies and look to accelerate the impact of technology in the professional world, they need to carefully consider how new technologies can replicate human behavior such as artificial intelligence. These new technologies present a concern for 85 percent of consumers, with top concerns being:

  • 34 percent worry about machines invading their privacy.
  • 29 percent are concerned about machines taking over jobs.
  • 21 percent, or one in five consumers, are concerned about machines taking over the world.

Further, with the rise of crypto currencies such as Bitcoin, technology will play an increasingly larger role in the future of payments made by humans.

  • One in four consumers (23 percent) believe digital currency will most likely replace cash within the next 10-15 years.

Personalization vs. Privacy: Concerns Vary Across the World

New technologies capture huge volumes of personal data that organizations use to develop, market and sell their products and services. The vast majority of respondents (83 percent) are concerned about how organizations use their personal data.

  • 53 percent do not like the idea of organizations having their personal information. Consumers in Australia (59 percent) and the U.S. (55 percent) are most concerned, while respondents in France (44 percent) are the least concerned.
  • Only 27 percent like it when organizations use data to personalize products and services. Opinions on personalization varied significant across countries, with respondents France (38 percent) valuing it more than any other country and respondents in Australia (20 percent) seeing the least value.

“In 2017, we saw technology continue to evolve at a rapid pace as innovations such as artificial intelligence, the Internet of Things, block chain and augmented reality started to reach the mainstream,” said Vince Padua, Chief Innovation and Technology Officer at Axway. “These technologies are quickly transforming the relationship between man and machine and are ultimately making our lives easier. However, this study reveals that the competitive pressure and digital disruption are increasing, and using the right technology is necessary to gain the upper hand. Looking ahead to 2018, results from this survey will help inform how organizations can leverage technology to provide faster innovation, expand their digital business ecosystems and obtain higher levels of customer experience.”

About the Survey
Conducted by international research firm Research+Data Insights (RDI), the survey was fielded online and included participation from 2,653 adults in the US, France, UK, Australia and Germany. Respondents were a mix of male and female, ranging in age from 18 to 60 years old.

About Axway
Axway (Euronext: AXW.PA) is a catalyst for transformation. With Axway AMPLIFY™, our cloud-enabled data integration and engagement platform, digital leaders anticipate, adapt and scale to meet rising customer expectations. Our unified, API-first approach connects data from anywhere, expands collaboration, fuels millions of apps and delivers real-time analytics to build customer experience networks. To learn more, visit www.axway.com.

Contact information

Media
Virginia Stratford, Tel. (415) 856-5120
Blanc & Otus
virginia.stratford@blancandotus.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

NBC Universal, Havas Group and Endemol Shine Discuss a Future with AI, Blockchain and VR at IBC201825.5.2018 21:20Tiedote

As is fitting for the home of technical invention and innovation, IBC2018 will present a broad range of ambitious and timely elements to engage, inform and inspire content creators and owners from around the world that will visit the RAI, Amsterdam from 13-18 September 2018. The must-attend event includes fresh inspiring conference themes that will focus on innovative new platforms, audience engagement and interaction/immersion, as well as a wide-ranging exhibition that will encompass all the latest technologies from AI and VR to advanced cloud-based workflows. Registration for IBC2018 is now open at: https://ibc.itnint.com/IBC18/Online/RegLogin.aspx “The media landscape is evolving at an unprecedented rate, with new platforms, technologies and even new realities at our disposal that offer greater opportunities for content innovation and audience engagement,” said Michael Crimp, CEO, IBC. “IBC is preparing an outstanding programme of conference sessions, forums and exhibition features

Pavilion of France at the 16th International Architecture Exhibition – La Biennale di Venezia25.5.2018 12:26Tiedote

The concept for Infinite Places , developed by the Encore Heureux team, led by the architects Nicola Delon, Julien Choppin, and Sébastien Eymard, presents places produced by new and inventive processes that generate architectural processes of value. This exhibition project, which considers the territory as a whole, highlights initiatives on the part of civil society and communities that embody a certain free spirit of experimentation and the possibilities opened up by architecture. These projects are expressions of programmatic freedom and generosity, and they live up to the theme of Freespace adopted by the two commissioners of the 16th International Architecture Exhibition – La Biennale di Venezia, the Irish architects Yvonne Farrell and Shelly McNamara. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180525005191/en/ French Pavilion Venice Architectural Biennale, copyright S. Scher Statement of the curators « Through the I

SIA Acquires Card Processing Businesses in Central and Southeastern Europe from First Data25.5.2018 11:30Tiedote

SIA, a European high-tech leader in payment infrastructure and services, and First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, have signed an agreement for SIA to acquire First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. In 2017, these businesses generated a combined revenue of approximately €100 million for First Data. This acquisition by SIA provides card processing, card production, call center and back-office services, including 13.3 million payment cards, 1.4 billion transactions, in addition to the management of POS terminals and ATMs. These businesses are primarily located in 7 countries: Greece, Croatia, Czech Republic, Hungary, Romania, Serbia and Slovakia. As a result of the transaction, SIA will become a leading player in processing and services in the region. The agreement includes the transfer of about 1,400 First Data employees into SIA. “This acquisition is in line with our strategy to

BRIC HOLDING Offers Aimedis – ICO: Germany’s Leading eHealth Platform Goes Public25.5.2018 09:00Tiedote

Since Wednesday, May 16, investors finally have a chance to claim their share of a unique success story, the international market roll-out of Aimedis, by purchasing AIM tokens: AIM tokens are now available with a 20% presale bonus PLUS a 5% early bird-premium only at the Czech investment house BRIC INVEST https://www.bric-holding.com/home_en.html! Aimedis aims to shape the future of healthcare by providing an advanced and fully operational platform, secured by blockchain and supported by AI, that enables patients to take control, secure the exchange of their medical data, access the best healthcare providers, get advice, prescriptions, personal health upgrades and to become part of the health revolution. And we are not talking about the future: The revolutionary Aimedis platform is already deployed as a live working system and is already in use in major hospital groups in Germany! By issuing 300 million AIM tokens at a nominal value of 0,12 USD each, the Aimedis consortium will raise c

Westinghouse Accident Tolerant Fuel Development Moves Forward with Cooperation Agreement with ENUSA25.5.2018 09:00Tiedote

Westinghouse Electric Company today announced that it will collaborate in the development of its EnCore® Fuel, the revolutionary accident-tolerant fuel (ATF) design, with ENUSA Industrias Avanzadas (ENUSA) through a Frame Cooperation Agreement (FCA). “This agreement serves to strengthen the technical and commercial relations between ENUSA and Westinghouse as we work to develop leading nuclear fuel technology,” said Torbjörn Norén, European Fuel Group and EMEA Fuel Delivery Director at Westinghouse. “Westinghouse’s work with ENUSA in the Spanish and European Fuel Group markets will help to facilitate agreements with customers to launch EnCore Fuel demonstration programs in their plants.” Under the terms of the agreement, the newly signed FCA establishes the framework that will regulate the different Joint Development Programs (JDPs) to be launched between both companies. The first JDP will evaluate the application of the segmented rod concept and develop models of ATF / EnCore fuel beha

Alps Electric to Acquire Greina Technologies, Inc. as Part of Sensor Business Strengthening25.5.2018 05:33Tiedote

Alps Electric Co., Ltd. (TOKYO: 6770; President: Toshihiro Kuriyama; Head Office: Tokyo) today announces that on May 14, 2018 the company signed a share purchase agreement with Greina Technologies, Inc. (Salt Lake City, Utah, U.S.A.; President/CTO: Daniel J. Lee) whereby Alps Electric will acquire Greina Technologies, making it a wholly owned subsidiary. Alps Electric signed a share purchase agreement with Greina Technologies on May 14, 2018. Through the agreement, Alps Electric aims to add even greater value to its sensing solutions for the automotive market, as well as the consumer electronics and mobile market, by combining high-accuracy positioning technology based on original algorithms developed by Greina Technologies with Alps Electric’s compact, high-performance wireless communication module technology. An engineering firm specializing in positioning systems, Greina Technologies was established in Salt Lake City, Utah, in September 2012. Engaging in such activities as design an

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme