Is digital transformation inevitable? The American business magnate Bill Gates once said that, “We are changing the world with technology”. This is so true; technology has encompassed our lives transforming operation in almost every industry type. With digital transformation engulfing all the facets of modern life, its adoption seems mandatory in order to survive the competition. Similarly, the industry leaders are expected to actively participate in digital transformation through digital business initi [...]
The spell of cyber threat Industrialists around the world show concern about a potential war, that might be fought on cyber security grounds. Is cyber security that serious? Companies in the current scenario seems vulnerable to cyber-attack. According to secondary market research, India is the fifth most vulnerable country in the world in terms of cyber-attack. Due to liberal cyber laws and most of the cyber crimes not being reported, it makes the issue more complicated and bigger. Acceptance of c [...]
Merging AI into the finance world Rapid digitalization has altered the way organizations do business and the way it transformed customer’s demand. Cognitive systems powered by artificial intelligence (AI) are used to manage financial assets. Since, the financial asset management depends upon computational applications for forecasting, modelling trends and trading information, hence, neural network is an effective and self-learning algorithmic approach, which when applied in financial market predictions can en [...]
An industry expert once said, “Artificial Intelligence is not a Man versus Machine saga; it’s in fact, Man with Machine synergy.” Artificial intelligence (AI) indeed changed the way enterprises operates. In this aspect, Mixed reality (MR) is a product of AI that revolutionized the concept of virtual reality (VR), to present mankind with the latest gift of technology. What is MR? Is it different than AR? MR is an advanced version of augmented reality (AR), where interactive virtual object [...]
Cloud service is the latest trend, that is defining the future of a smart and connected world. It can be elaborated further, with the fact that, everything can be captured and stored in the form of data which then can be measured in real-time and accessed from anywhere. What inspired the dawn of cloud service? As we know, digitalization is at its peak impacting the pace of industrialization. While the enterprises are progressing, the technology adopted by industries generate massive amount of data that is [...]
Enterprises suffering lossWhile launching a product in the market, little do we consider about the possibility of online fraud. As business grows, daily transactions increase in number so does the payment options. Now, accepting a credit card payment increases the risk of online fraud. According to market research, big businesses suffer loss of approximately $6.4 billion dollars p [...]
Has DNS attack increased over the years? Our life has become surrounded by the ease internet has offered, starting from banking, shopping, travelling and even communicating. Hence, with the increase in usage of internet, cyber security has become a primary concern to safeguard against cyber-attacks. DNS attack is one such cyber-attack that has become quite common. DNS as broadly known as domain name system can encounter an appalling fate in the hands of DNS attack due to lack of security. How DNS [...]
By far, Robotic Process Automation (RPA) is one of the biggest gifts of technology to the organizations, thriving to perform well. It empowers an organization to automate repetitive tasks, thereby increasing efficiency to compete with companies of every size. Hence, organizations are proactively adopting RPA tools to enhance the speed of operation. Despite of the benefit of RPA, the process of its implementation involves challenges [...]
In the era of innovation and technological disruption, little do we know about the full potential of the high-tech offerings that we use in our daily life. Serial device is a relatively new concept, hence, the benefits that can be leveraged from it, is yet to be discovered and appreciated.Connecting Serial devices with Internet of Things (IOT)The advent of Industrial Internet of Things (IIoT) has opened a new horizon for network managers, to extract meaningful usage from the s [...]
The travel and transportation companies, including airlines, hotels, restaurants, and others, hold highly valuable data that can be used to monetize by the threat vectors. The travel and transportation industry is now one of the most attacked industries, where cyberattacks have become more frequent due to the wealth of available data and economic value. As per the IBM’s 2019 X-Force Threat Intelligence Index, transportation industry ranked at the 2nd position for cyberattacks from 10th in 2019.Travel and [...]