Cloud computing has become ubiquitous over the last ten years. Often, we barely even notice that we are using it to instantly move data and applications back and forth through the web. Like many workplaces, laboratories are increasingly looking to take advantage of cloud computing as a way to save time and resources, and as a cost-effective option to implement enterprise laboratory solutions.
It’s safe to say that most people simply can’t live without technology anymore. Whether or not some people like this fact, this is actually a good thing. Technology, when used correctly and in moderation, can make our lives much easier and more comfortable. This is especially true today, when there are so many IoT solutions are available to consumers.
When people think about artificial intelligence (AI) today, they might think of computers that can speak to us like Alexa or Siri, or grand projects like self-driving cars. These are very exciting and attention-grabbing, but the reality of AI is actually thousands of tools and apps running quietly behind the scenes, making our lives more straightforward by automating simple tasks or making predictions.
Robots that learn what needs doing while cleaning your house and understand verbal commands will be commercially available as soon as next year, says the manufacturer. German company Neura Robotics – which is exhibiting at the Gulf Information Technology Exhibition in Dubai for the first time – says it has improved the scope of industrial robots.
Right now, we’re in the middle of another unexpected development in blockchain technology. Just as no one saw the rise of Bitcoin and other cryptocurrencies coming, nobody could have expected the impact that non-fungible tokens (NFTs) would have on the world of blockchain technology. This new application of existing blockchains like Ethereum provides a new way to provide actual ownership to digital assets.
Big data security is a process that includes all the measures and tools for protecting data and analytics processes, both on cloud and on premise servers, from attacks, theft, or any other activity that could harm an the organization’s confidentiality. The global enterprises are tremendously adopting big data security and using powerful analytics to enhance their decision making, identify lucrative opportunities, and improve performance.
There are plenty of cliches about careers in finance, one of which is that traditional finance firms can be pretty stuffy, structured, and hierarchical environments. And, like all cliches, there’s a strong element of truth in there. Fintech carries its own cliches, of course. These are creative environments with a relaxed dress code – think fun and dynamic workspaces and flexibility when it comes to when and where you’ll work from.
Is cash dead? Not yet. The majority of people in most countries – roughly 75 per cent of the world’s population – still conduct most transactions with cash. Nonetheless, a massive transition to digital payments is under way. According to a recent survey by management consultancy McKinsey, 58 per cent of Middle East consumers strongly prefer digital payment methods, while only 10 per cent strongly prefer cash.
Today, the technologies that fintech (financial technology) companies are rolling out are invariably in hot demand. Lending institutions seeking additional agility to deliver cutting-edge solutions are increasingly looking to new, nimble tech start-ups to advance their own business functionality, with innovative products and services such as digital-payment solutions, mobile banking, wealth management and insurance products among the most highly sought after.
We spent a lot of time talking about big data in the early 2010s, but much of it was just that: talk. A few companies figured out how to effectively put large quantities of highly varied, voluminous data to use, but they were more the exception than the rule. Since then, more companies are finding success with AI and other data-driven technologies. What happened?
The pandemic made a strong case for accelerating digital transformation. Are any of these debunked excuses holding up your progress?
Cryptocurrencies such as bitcoin (BTC-USD) and ethereum (ETH-USD) are soaring in value and forecasted to reach new all-time highs. The latest bull run has caused interest in cryptocurrencies to rise from traditional and institutional investors.
For many years, cybersecurity has been a key priority for organisations. However, even with increased investments and advancements in technology, cybersecurity looks to remain a cat and mouse game.
Artificial intelligence (AI) is driving the robotics market into various areas, including mobile robots on the factory floor, robots that can do a large number of tasks rather than being specialized on one, and robots that can stay in control of inventory levels as well as fetching orders for delivery.
Back 1951, when Christopher Strachey launched his AI-driven checkers program at the University of Manchester in England, people were questioning the implications of human-mimicking machines. Today, depending on who is giving the answer, AI is either the key to driving society toward a peaceful, harmonious future or the biggest potential threat to humankind.