Blockchain technology for supply chain fix – A must or a maybe?
Blockchain is the red-hot technology off the block. Initially associated with bitcoins, the technology now finds application in several other functions, including supply chains. Blockchain is a distributed registry that validates records and distributes transactions publically in immutable, encrypted ledgers. The word refers to “blocks” of verified, unchangeable transactions connected in a chronological “chain.” These […]
Artificial Intelligence and Automation – The Future of Finance
Technology advances at lightning speed. Artificial Intelligence (AI) and automation have the most disruptive impact among new technologies. Until recently, only large enterprises could afford AI and automation. But the availability of AI and automation in “as-a-service” mode has changed the landscape. Even small firms can now leverage AI and automation to propel their growth. […]
The Right Tools to Modernize I&O
The world of technology is always in a state of churn. More so in the post-Covid-19 landscape where hybrid is becoming the order of the day. Hybrid may mean combining an on-premises data center with the cloud, a collocation of servers, or different stacks. Infrastructure and operations (I&O) face great disruptions to cope with such […]
Digital Transformation in 2022 – Six Priorities for CIOs
Digital transformation has become inevitable for enterprises in 2022. The pandemic has increased digital adoption. Companies have to ramp up their digital capabilities to ensure anywhere access and instant decision making. They also have to deliver omnichannel experiences for customers with deep personalisation. Side-by-side, they have to ramp up their analytics capabilities to gain insights […]
Five Focus Areas of AI-Powered Big Data Analytics in 2022
Enterprises seek a competitive advantage by becoming hyper-efficient and delivering services faster. They rely on data analytics and AI to make this happen. Analytics lies at the core of digital transformation. Businesses depend on insights from data to make informed decisions. Artificial Intelligence (AI) takes analytics to a new level of real-time dynamism. It deepens […]
How Small Businesses may Automate Cost-Effectively for Best Results
Humans have limited cognitive and physical abilities. Despite the best diligence and precautions, errors occur at work. Inevitable fatigue and monotony lower productivity and efficiency. Time-off and leaves cause delays and retards the competitiveness of the enterprise. Automation is a panacea to all these ills. Automated systems execute tasks fast and accurately. Bots work round […]
How to Drive Machine Learning Without Adding New Talent
Automation is the flavour of the season, as businesses grapple with skills shortage and high HR costs. As the benefits of machine learning pan out, the C-suite is investing in automating more and more complex processes. The rise in automation lifts Artificial Intelligence (AI). 52% of CIOs now automate complex tasks, and 49% of them […]
RPA and Cognitive RPA: Benefits, Limitations and Use Cases
Business Transformation has always been a hot topic. The global contagion will unquestionably accelerate the “need to go digital” and lead to redesigning business processes beyond costs and across companies and value-chains. The COVID pandemic has thrown up the challenge of far greater need for automation in almost all industries. Just like the mobile and […]