In the News | Solace

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How Retailers Are Coping With a Shortened Holiday Season

November 14, 2024

It’s a digital race against time. This year’s holiday season is shorter than normal — just 26 days between Thanksgiving and Christmas Eve, or five fewer days — and retailers are scrambling to juggle seasonal spikes and consumer expectations while coping with ever-daunting supply chain disruptions and nagging inflation. This article spotlights insights from Solace’s Ush Shukla, who points to an event mesh as a solution to helping the usual retail holiday pressures.

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The Urgent Need for Multi-cloud to Keep Business Running 24/7

November 07, 2024

Today’s fast-paced ‘to the second’ operating environment requires organizations be “always available”, and operating in real-time. There is an urgent need for adopting a multi-cloud strategy, but it isn’t an easy journey without the correct underlying architecture in place. This byline explores how a more agile, real-time business infrastructure that can not only manage what goes where, but the ability to comply with changing regulations, is essential for businesses to reap the real business value that a multi-cloud strategy can provide.

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The Future of Pharma: Technology for a more Predictable and Secure Medication Landscape

November 06, 2024

The pharmaceutical industry plays a vital role in safeguarding public health. However, in recent years the public have played witness to a concerning rise in drug shortages, disrupting patient care and causing anxiety. This article explores how the industry can leverage real-time data and modern approaches to manufacturing technologies in order to mitigate these shortages, ultimately prioritizing patient safety and creating a secure medication landscape.

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Unlocking the future of EV charging with event-driven integration for a greener future

October 25, 2024

The Government of Singapore has doubled down on encouraging its citizens to switch to Electric Vehicles (EVs). Particularly with Singapore’s primarily urban landscape and relatively small size, EVs are well suited to driving styles in the city-state. In this article, Solace’s CTSO, Sumeet Puri, argues that to truly instill confidence in EVs as a sustainable long-term investment, drivers need instant, reliable access to data. By adopting a real-time, event-driven approach, governments and EV manufacturers will empower drivers with the information they need to plan their next charge effectively, offering a more streamlined and efficient driving experience.

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Absolics finds semiconductor Solace

Absolics finds semiconductor Solace

October 16, 2024 Video

Phil Alsop, Editor at Silicon Semiconductor, chats with Tom Fairbairn, Distinguished Engineer at Solace, exploring how Absolics is using the Solace PubSub Platform to establish a real-time information flow across all enterprise applications in its US factory. By embracing an event-driven strategy, Absolics is now able to manage its entire API and events environment through one integrated solution, delivering a more automated data streaming and management process with high throughput and no downtime – allowing the company to make faster and more well-informed decisions.

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What hedge funds are missing about messaging

What hedge funds are missing about messaging

October 10, 2024

When a mere microsecond delay can impact the bottom line, hedge funds need high-performance technology stacks and infrastructure. This feature article sees Solace’s Himanshu Gupta outline four key considerations for a firm’s messaging architecture.

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The Rise of Enterprise Integration – Our Business Landscape Calls for An Architectural Rethink

The Rise of Enterprise Integration – Our Business Landscape Calls for An Architectural Rethink

September 27, 2024

Increasing data volumes and connectivity levels amid shifting consumption models and customer expectations are changing the way large organizations architect the flow of critical information across their business. Traditional integration approaches are no longer able to support businesses that have to match customer, employee, and supplier requirements in real-time. This article uncovers how event-driven integration offers a path for multinational businesses to modernize their integration strategy and empower their business to be more adaptable, scalable and robust – in a landscape that is only going to continue to become more digitized and real-time.

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Innovating pharma: How technology can ensure a steady medication supply

Innovating pharma: How technology can ensure a steady medication supply

September 23, 2024

The pharmaceutical industry faces an urgent challenge: frequent drug shortages that threaten patient care and public health. These shortages disrupt treatment, elevate patient anxiety, and, in some cases, put lives at risk. Addressing this issue requires the industry to embrace innovative technologies like real-time data and advanced manufacturing processes. These tools can optimise supply chain management, enhance production efficiency, and ultimately ensure a reliable supply of essential medications.

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The tech-merger made in retail heaven: Where AI meets IoT to deliver retailers real-time insights inside and outside the store

The tech-merger made in retail heaven: Where AI meets IoT to deliver retailers real-time insights inside and outside the store

August 27, 2024

In this bylined article, Edward Funnekotter, Chief Architect and AI Officer at Solace explores how pairing AI with data from IoT devices, underpinned with an event-enabled approach, is changing the way retailers do retail – from the shop floor, to understanding customer experiences, to optimizing stock levels in the warehouse.

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Banking on Generative AI for a productivity windfall

Banking on Generative AI for a productivity windfall

August 12, 2024

The advantages of Generative AI hold immense promise for the banking industry, with the technology set to generate between $200 billion to $340 billion in value, influencing every financial service institution (FSI). But aged, heavily-customized technology architectures with poor data flows present a serious roadblock to Gen-AI helping employees, enhancing technology implementations, and planting the seeds for wider innovation. This article, penned by Solace VP Floyd Davis, explains how an event-driven approach to their technology architecture will help banks reap the groundbreaking benefits of Generative AI.

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Data Transformation: the lifeline for legacy banks in the neo-bank era

Data Transformation: the lifeline for legacy banks in the neo-bank era

July 31, 2024

The financial sector is undergoing a seismic shift. New, digitally-native challenger banks, or neo-banks, are rapidly capturing market share with their sleek interfaces, agile processes, and data-driven approach. To survive and thrive in this new landscape, legacy banks must embrace new technologies and leverage their data as their key weapon. In this byline, Solace Distinguished Engineer Tom Fairbairn argues legacy banks that invest in data integration tools and embracing event mesh architecture will help unlock new opportunities, deliver exceptional customer experiences, and secure their place in the ever-evolving financial landscape.

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Seconds Matter: Disrupting the Status Quo of Money

Seconds Matter: Disrupting the Status Quo of Money

July 17, 2024

The financial landscape is undergoing a significant transformation, driven by the rapid adoption of digital technologies and the growing demand for faster, more efficient payment solutions. As the demand for real-time payments (RTPs) surges, this article by Solace Distinguished Engineer Tom Fairbairn details how financial institutions and businesses must embrace real-time data platforms in order to stay competitive, and truly capitalize on the transformative potential of RTPs.

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Modernising banks with event-driven data integration and AI

Modernising banks with event-driven data integration and AI

July 12, 2024

The intersection of generative AI and banking is not just a technological convergence; it’s a revolution that is reshaping customer experiences, enhancing employee productivity, and propelling the industry into an era of unprecedented innovation. However, to fully harness the transformative power of generative AI, banks must move beyond traditional data handling methods and adopt more dynamic and responsive architectures. By embracing an event-driven approach supported by EDA, banks can ensure timely and accurate AI analyses, maintain data reliability, and quickly disseminate actionable insights.

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To Ensure Competitive Real-Time Hedge Fund Trading, Make Every Microsecond Count

To Ensure Competitive Real-Time Hedge Fund Trading, Make Every Microsecond Count

July 04, 2024

Prices in financial markets can change in the blink of an eye, so the ability to execute trades faster than competitors unlocks huge competitive edge. That demands a high functioning tech stack and an infrastructure to match a 24x6 global trading system. In this article, Himanshu Gupta, Senior Architect, Capital Markets at Solace, argues infrastructure is the critical differentiator in high performance hedge fund trading.

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Event Mesh Networks Explained: What They Are and How They Enhance Operational Efficiency

Event Mesh Networks Explained: What They Are and How They Enhance Operational Efficiency

July 03, 2024

In this episode of the Asia Tech Podcast, ⁠Sumeet Puri⁠, Chief Technology Solutions Officer at ⁠Solace⁠, shares deep insights on the transformative power of real-time data and event-driven architecture. He explains how advancements in network and computing capabilities have enabled industries to transition from traditional data handling to real-time data processing.

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How retailers can meet ESG mandates with event-driven architecture

How retailers can meet ESG mandates with event-driven architecture

July 03, 2024

Retailers, from grocers to sellers of fast-moving consumer goods, fashion, specialty stores and more, are under increasing pressure from customers and regulators to embed sustainable initiatives into their supply chain operations. However, a major hurdle for the larger retail firms to reach any ESG goals is that their supply chains, manufacturing, stores and deliveries are hugely complex, vulnerable to disruptions and siloing of data. This byline outlines how retail industries can achieve success if they properly reset their strategic approach to data gathering and movement.

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Breaking Free from Data Paralysis: The Insurance Industry’s Modernisation Imperative

Breaking Free from Data Paralysis: The Insurance Industry’s Modernisation Imperative

June 18, 2024

The insurance industry finds itself at a critical juncture. A data revolution, given higher priority across boards by the promises of AI and LLMs, paints a future brimming with personalised products, proactive risk management, and a dynamic customer experience.However, a crippling “data paralysis”, caused in part by outdated legacy systems, hinders their ability to unlock this potential. This article explores how insurance companies can turn to an event-driven strategy to help break down information silos, enable better digital experiences for customers and employees, and simplify the task of integrating their systems and data.

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Your Event-driven Apps are only as good as your event broker

Your Event-driven Apps are only as good as your event broker

May 30, 2024

Event-driven architecture is becoming pervasive among enterprises that want to power time-sensitive applications, business processes, and insights at scale. However, achieving your desired outcome with EDA often depends on your choice of event broker. In this "Best Practices" article, Solace CTO/CPO Shawn McAllister explains that not all event brokers are created equal; some are better suited for particular tasks and use cases.

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Automate or Fall Behind

Automate or Fall Behind

May 17, 2024

Legacy technology represents one of the single largest challenges facing the financial sector – with a complex, disparate and intricate technology stack required to manage various parts of the banking ecosystem. For too long, there has been a perception that this infrastructure is prohibitive in creating operational efficiency and providing seamless customer experiences. However, automation is changing this. This byline examines how banks that embrace automation to consolidate infrastructure, optimise with cloud solutions, and prioritise seamless customer experiences will be well-positioned thrive in this rapidly evolving landscape.

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Port of Singapore: Minimising Disruption using Automation

Port of Singapore: Minimising Disruption using Automation

May 01, 2024

Amid global crises, PSA Singapore’s Tuas Port has streamlined its supply chain by embracing automation and establishing an innovative command centre to oversee operations. In this article, Supply Chain editor-in-chief Tom Chapman speaks with Ho Vee Leung, regional head of IT for southeast Asia at PSA Singapore, to explore how their use of event-driven architecture is helping them on their path to becoming the world’s largest automated container terminal.

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