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CBA aims to embed five emerging tech experiments a year


By
Ry Crozier
on May 10, 2021 7:01AM
Talks metrics for its future-focused IT function.
The Commonwealth Bank’s emerging technology function is working to a target of 30 experiments a year, with 17 percent - or five - “embedded” into the bank’s operations.
“The two key top-of-house metrics that I’m measured on by our leadership team is on the number of experiments that we run, and then on the percentage of experiments that are embedded inside of the organsation,” he said.
“My target is to run 30 experiments a year and then to have 17 percent embedded each and every year.”
Arundell said that experiments ranged from “not a lot of money” to “hundreds of thousands” of dollars. ....

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Open Source Opens Opportunities for Small Companies in the Defense Department Space – The New Stack


Until recently, small or non-traditional defense companies had very few opportunities to win lucrative Department of Defense (DoD) contracts. However, through a change in their contract award approach and the embrace of Open Source Software (OSS) as a strategic accelerator for new and innovative solutions, the DoD has opened the door to many smaller and midsize companies to actively contribute.
OSS opens the door for any development company to create unique and valuable applications in a relatively short amount of time. This allows them to focus on their differentiators, while not spending massive amounts of resources in building out the basic building blocks that are the table stakes but are not closing the deal. ....

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