Latest Posts by techinfinity - Page 2

Enterprises are moving towards digital trends that are relevant to their business requirements. According to a survey, 85 percent of the enterprise leaders feel that they have just two years to make advancements in terms of digital innovations. 

According to a study, almost half of the organizations’ revenue will be influenced by digital trends by 2020. Here are some of the enterprise technology trends in the coming years.

From transportation solutions to applications like video-streaming, Artificial Intelligence (AI) has impacted almost every aspect of our lives. It includes the government sector as well, which is in constant search of innovative technologies to make the lifestyle of the public more convenient. Taking the example of Emma chatbots, US Citizenship and Immigration Services receive loads of service requests on a daily basis. 

The chatbot named Emma is specifically deployed to address the immigration questions. The chatbots possess the ability to operate in both English and Spanish languages and handle more than a billion immigration queries every month.

The adoption of AI has been steadier in the government sector as compared to the private sector. Though the magnitude of AI's impact is significant on public entities, it is vital to understand the roadblocks that are in the way of the government to adopt systematic AI.

There are major five key hurdles to AI adoption in government.

The emergence of drone technology has equipped emergency management organizations with robust capabilities that will enable them to cater more closely to the society. It has helped them to enhance their crisis management strategies and facilitate the optimization of resources. Although drones have received mixed reviews, especially in terms of privacy, their benefits during emergencies are unquestionable.

Drones can access environments that are difficult for relief workers, thus assisting in recovery efforts. Its benefits range from limited to escalated disasters, including floods, earthquakes, nuclear accidents, forest fires, and so on. Drones can be used for early detection, especially in the case of chemical accidents, where it is difficult for humans to carry out relief actions.

Nuclear and chemical accidents often lead to the release of toxic substances into the atmosphere. Chemical, biological, radiological, nuclear, and explosive events lead to unsafe conditions for human beings. Evens In such circumstances, drones can assist in undertaking swift and effective countermeasures.

During earthquakes, drones can be deployed to monitor the extent of damage and prioritize the areas. They can be equipped with robust sensors to measure radiation, thus enabling the agencies to minimize fallout exposure for the relief workers. The drones can be used to assess the structural damage, especially buildings on the verge of collapsing. They are also useful in hard to reach areas such as tunnels and bridges.

Banks are in the pursuit of finding feasible ways of securing systems and services from rampant cybersecurity threats. There have been enough financial frauds in the recent past to drive banking institutions into considering novel methods of risk monitoring and prevention. Data analytics offers impactful solutions in this respect. 

Analytics solutions that have been customized to deliver anti-fraud services to banking firms are enabling a modern, technology-driven approach in managing security concerns. Intelligence and automation are the mainstays of advanced analytics solutions, making fraud analytics the key for relevant and reliable security capabilities.

The extent to which fraud analytics can save banks from exposure to risks depends on the security features provided by the vendors, as well as on a banking firm's ability to implement the solutions optimally. This article talks about the events leading up to the widespread adoption of fraud analytics in banking and what banks can expect from the analytics tools.

Scope of Overcoming Challenges

Adopting advanced technology has become viable from a financial and utility point of view. High network speeds, cloud computing, artificial intelligence, machine learning, IoT, and data analytics are making their way into every-day business applications. As advantageous as these technologies might be for banks, they have given rise to cybersecurity risks. Cybercriminals are....

In the upcoming years, the technologies of 5G and Wi-Fi 6 will play an essential role to transform the companies digitally. In common words, architects will start using Wi-Fi 6 whenever they can and 5G when they must. However, Wi-Fi 6 may be less costly and faster, but it is not available always. So, if the technologies are integrated, it will not only save money but can also achieve the greatest level of performance. Visit above link to know more...

Unhappy with virtual data centers for not fulfilling what they promised? Knowing the unique challenges involved shall help business Leaders prepare themselves with these practical and affordable solutions.

The changing lifestyle of modern-age customers creates significant impacts on banking requirements and encourages banking service providers to optimize their offerings digitally. With the dynamic growth of customer finance and banking needs in various sectors, the digital-age CIOs opt for advanced mobile banking applications.

 Mobile banking applications have experienced rapid adoptions in recent years. Today, mobile banking applications and interfaces have become the primary focus of banking service and product providers, as the banking innovation proves to bring massive digital transformation in banking operations. Modern banking applications offer benefits, from simplifying end-to-end banking processes to embedding banking products and services, which attract CIOs of banking institutions to invest in mobile applications.

In the world of electronic communications, nothing is familiar to a phone call. It may seem that with the progress of technology, everything has changed, but there are many issues from the last millennium that persists in the voice services, along with new challenges with the latest technologies.

Although a solution to the problems would be fantastic, the problem is that some of the concerns will remain with voice services for some time to come. The issues do not reflect any lack of technology but rather elements of human nature and interpersonal relationships.

The cybercriminals have turned their gaze toward the digital assets of local governments. The increasing frequency of ransomware attacks has spurred them to adopt cyber insurance to mitigate the damage. However, the implementation of basic policies cannot counter the danger posed by cybercriminals. The insurance serves as a ransom rather than a robust countermeasure for cyberattacks, and hence result in encouraging the hackers rather than stopping them.

Versatility and Convenience are what the e-commerce industry stands for; it is growing and transforming with each day. To ace as a retailer in the industry, technology can be adopted as the essential sidekick. Online retailers can expand their businesses at scale by continually monitoring trends and KPIs of competition, implementing a comprehensive strategy and following through with consistent work.

To assist the growth of online retailers, critical strategies that are not so commonly employed need to be implemented. Some of the not-so-common strategies are discussed below

Src:apacciooutlook

The banking industry is booming the implementation of digital technologies, perhaps more than any other sector, to enhance its business processes. And this entanglement of technology and industry continues with the introduction of cognitive technology. Cognitive technology is a new avenue for cost control through cognitive tooling and automation with distinctive optimization possibilities. 

Cognitive technology generally relates to systems that use Artificial intelligence and signal processing to imitate logical human potential. These self-learning systems use a range of information, predictive analytics, and natural language processing. Cognitive technology makes banking and financing more productive while also providing an excellent customer experience by assisting in the following ways....Follow above link to know more

Smart cities are considered as the future of urban living, using digital technologies, data, and design thinking. As the urban population grows in diverse conditions, many cities turn to technology and smart city solutions to build a more livable environment and thereby improving the delivery of public services. 

Smart cities create a new model by improving existing transportation systems, that use the data applications and technology to improve the quality of life for citizens and visitors. Technology serves citizens and can enhance many aspects of public life, including quality of life, mobility, security, education, economy, and the environment. Here are some key points that enable the smart government of smart enterprises movement globally.

The 5G networks will operate between the range of 28 GHz and 60 GHz i.e., high-frequency band of the wireless spectrum, which is known as the millimeter wave (mmWave) spectrum. 5G will also add unlicensed frequencies, which means a higher bandwidth will be available to the public.

In addition to superior bandwidth, the 5G networks will possess a thick, distributed network of base stations in the microcell infrastructure. This will enable more processing, resulting in reduced latencies.

Downloading full-length HD movies in seconds is just the beginning of the journey, soon it will allow people, enterprises, and the world as a whole to be more connected, become smarter and sustainable.

The new level of 5G will offer network management capabilities, which will enable numerous virtual connections within one 5G network.

The impact of artificial intelligence (AI) has been witnessed since decades on the legal industry starting from the contract review or management of the lawful outcomes to their official researches. AI is a futuristic technology which has no plans of withdrawing its powerful impact on the world, and the blend of automation and smartness rightfully serves its purpose by attracting people towards it. Businesses that face complications in coping with the competence, production, and precision, search for solutions offered by AI technology.

Implementation of AI in the legal industry can transform and redefine the way of carrying out any legal activity as well as perform mundane and time-taking jobs. AI can be an essential asset for the law firms as it can automate the tedious tasks that are loaded for legal professionals to do.

The trend of making services customer-oriented is a direct result of rising demands among customers for better services, and the best way for banks to achieve it is through the use of analytics. Technology is the most crucial aspect of the digital age, but so are the customers and their changing expectations on service providers. Improved customer services enhance business opportunities and increase brand value, due to which banks are prioritizing it.  

Under the traditional approach, banks collected customer information to build databases that could be used to disburse services. Now, customer data has become easily accessible, and analytics solutions are empowering banks to leverage the data for improving customer services.

The use of analytics in the banking sector is not new. Several processes are already using data analytics solutions to hike the efficiency of operations across departments. However, the potential of analytics in improving customer service is incredibly high, making it an indispensable tool for banks. The following list throws light on the factors which make analytics important for CIOs in their quest to help banks improve customer service.

• Handling Vast Data Volumes Effectively

There are several constraints when it comes to handling analytics through traditional approaches. With the exponential rise in the amount of customer data available with banks, manual analytics is out of the question now. Advanced data analytics solutions are equipped...

Technology has transformed surveillance in the past years. A simple CCTV camera no longer cuts the mark; the possibilities and demands for surveillance are endless. In the 21st century, businesses need to consider a lot of aspects that probably didn't even exist a few years back. Here are four surveillance trends every CIO should know as the world is becoming smarter.

AI Leaps

For all the attention and the broad discussion, as a user of the electronic devices, we are aware that Artifical Intelligence is revolutionizing every industry drastically. AI has already made a significant impact by bringing advancement and making the life of humans a lot easier. Video surveillance is one of them. The machine learning or deep learning is mostly used for video analytics in many industries.

Video Surveilance

With time passing, 5G and Internet of Things have become the latest iterations of wireless network connectivity. They have grown to be two of the most crucial technologies, with impending large-scale applications for consumers and businesses.

5G brings about the possibility to unlock the hidden capabilities of IoT, which was unachievable previously on the 4G networks. 5G introduces vital innovations such as higher connection speed, superior capacity, and lower latency. Sooner or later, these advantages will lead to technological milestones that will have a significant impact on different company strategies.

Innovations by 5G:

• High-Speed Connection: 5G operates at 10Gbps, which is almost a hundred times the speed of 4G networks existing in today’s world. The high-speed connectivity will help the users in downloading a complete...

Small organizations leverage SDN for better visibility, security, and efficiency in the network.