Global Digital Transformation Market Improving Business Processes, Techniques, And Consumer Experiences
Global Digital transformation Market is the method of improving business processes, techniques, and consumer experiences digitally to transform operations. The methods vary significantly based on end-consumers and requirements. However, digitalization is at the heat of these changing business practices aimed at reaching new consumers and creating new channels for growth.
What is blockchain? Everything you need to know and its advantages and disadvantages
Even if you only have a passing interest in cryptocurrencies, there are a couple of terms that you’re still likely to have come across. The first is ‘Bitcoin’. This is the oldest and best-known of the many hundreds of cryptocurrencies that now exist. With a market capitalization of £690 billion (28 March 2022), it’s also the largest in terms of the value of digital ‘coins’ in circulation.
How artificial intelligence is influencing the cybersecurity world
Cybersecurity is a strategic challenge for global enterprises today. The rapid digitization, accelerated by the pandemic, has brought forth an expansion in the attack surface thereby stressing on the need for more autonomous cybersecurity defenses. Many CISOs are making a fundamental shift to an interconnected and perimeter-less ecosystem.
Uniting human brains and computers: A new type of AI
Why are we on the verge of creating a technology that will combine the computer with the human nervous system into a single complex? How will a person change after connecting with an electronic machine? Can a computer system handle the flood of data from billions of living neurons? I will try to answer these questions in this article.
New IoT Service Targets Accelerating Sustainability Goals
Global technology and business solutions provider NTT has launched its IoT Services for Sustainability platform. The new service features environmental monitoring, predictive maintenance, water leak management and OCR meter reading to give businesses insight on how to best reduce their carbon footprint.
The main security challenges when adopting cloud services
The popularity of cloud services has increased exponentially in recent years. The prospects of saving on capital and operational expenditures have been significant driving forces in influencing companies to adopt cloud services. Scalability and elasticity are also key drivers that encourage companies to move to the cloud. However, moving to the cloud comes with a lot of challenges.
This Year, The Global Fintech Sector Is Expected To Be Valued At US$310 Billion
With a 25 percent compound annual growth rate (CAGR), US-based Toptal estimates that the global fintech business will be valued at US$310 billion by year’s end. In addition to providing a freelancing platform, Toptal connects organizations with freelancers in a variety of fields, including developers, product managers, and financial specialists.
The term “Fintech” refers to technology that aims to enhance and automate the supply and usage of financial services to consumers. According to Toptal’s current State of Fintech Industry study, digital companies have received a flood of capital in recent years. In 2018, venture capital firms invested a total of US$254 billion in 18,000 businesses throughout the world, an increase of 46 percent over the previous year’s total. Initial indications indicate a decline in funding levels in the first half of the year, followed by a small rise in the third quarter.
Big Data Will Open Up the Benefits of Sustainability Across the Agriculture Sector
In this special guest feature, Lindsay Suddon, Chief Strategy Officer for Proagrica, believes that now is the time for the agriculture sector to harness the power of data and work together to achieve increases in productivity, profitability, sustainability, food safety and security. As one of the original architects of Proagrica, Lindsay’s focus continues to be on strengthening Proagrica’s ability to provide a wide range of data-centred solutions to a variety of industry segments across the supply chain, unlocking value for all.
How to Map Out Your Digital Transformation
If digital transformation is supposed to be meaningful and lasting, companies must think about changes in products and processes more than changes in technology. But many companies struggle to look past the shiny promises that usually accompany new technologies. As a result, they dedicate too many resources and too much attention to the technology side of digital transformation projects. One approach to counter this imbalance is to think of digitalization as business model innovation rather than technology-related change. The author shows how one simple, well-known tool — the business model canvas — can facilitate the necessary shift in perspective.
Organizations face cybersecurity debt for not prioritizing cybersecurity
When organizations accelerate their digital transformation due to the pandemic two years ago, many did not prioritize cybersecurity. In fact, organizations were focused mostly on ensuring business continuity and avoiding any disruptions to productivity.
As the pandemic continued, investments in tech became long-term, with the focus on providing seamless and agile working operations. Companies adopted newer technologies to remain relevant. However, there was one problem, cybersecurity remained an afterthought.
How AI is helping to prevent healthcare fraud
Criminals are getting smarter and the healthcare industry is no exception. In 2021 alone, the Department of Justice (DOJ) recovered more than $5.6 billion from civil fraud and false claims cases. This is the DOJ’s biggest haul since 2014, but a drop in the bucket compared to the estimated $380 billion is lost every year to fraud, waste, and abuse.
5 key industries in need of IoT security
The growth of IoT has spurred a rush to deploy billions of devices worldwide. Companies across key industries have amassed vast fleets of connected devices, creating gaps in security. Today, IoT security is overlooked in many areas. For example, a sizable percentage of devices share the userID and password of “admin/admin” because their default settings are never changed.
Why Security Leaders Must Know Their Cloud
Cloud computing’s business value keeps increasing — but the challenges remain formidable for many organizations. And while cloud is often thought of as an IT issue, new research shows that security teams are also feeling tremendous pressure.
Fintech Development Tech Stack in 2022
FinTech is the widely used term denoting all the technologies, tools and software apps facilitating financial transactions and management. From simple mobile banking apps to investment and stock apps to insurance apps to payment gateways and mobile wallets to cryptocurrencies, all come under the broad umbrella term of fintech.
Bold use of green tech can foster a new era of sustainable growth
Imagine growing crops with 95% less water, or producing meat through methods that free up 80% of the world’s agricultural land. And how about eliminating the CO2 of global supply chains by simply moving production facilities closer to customers and cutting the parts used in the final product a hundredfold? What might sound like crazy ideas are solutions available today through green technologies.