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Showing posts from May, 2022

Blockchain's Impact on Supply Chain Management

  The gaps and incompetence in the   global supply chains   are now being exposed as the COVID-19 pandemic and the subsequent economic lockdown pile the pressure on manufacturing, consumer goods, and logistics companies. The urge for improved visibility, automation and provenance through blockchain has never been so high. As governments are trying to contain the spread of Coronavirus, industries are struggling to mitigate the impact of the  global health crisis  on their supply chains. According to recent studies, the COVID-19 has affected the supply chains of 94% of the Fortune 1000 companies. Even businesses considered to be supply chain and technology leaders are struggling now. Apple is unable to receive the next batch of iPhones, and Tesla has temporarily shut down its Chinese factory. When things go wrong, they do go very badly — and the cumulative effects can cause havoc globally. Crisis such as COVID-19 gives the opportunity to think outside the box and ...

The Smartest Way to Develop, Deploy & Test High-quality Applications

  DevOps is the process or a methodology of using several tools to solve the problems between the ‘Developers’ and ‘Operations’ team, hence the term ‘Dev-Ops.’ This practice allows a single team to manage the entire application development life cycle including development, testing, deployment and monitoring. The ultimate goal of DevOps is to reduce the duration of the system’s development life cycle while providing improved features, fixes and updates constantly in close synchronization with   business objectives. DevOps helps businesses reduce silos while increasing productivity and decreasing  application time  to market. It enables organizations to keep their Developers, Operators and Customers happy. With DevOps  automation , developers have more time to develop code as they receive  faster feedback  from the operations team. The operations team can also focus more on analytics and metrics of the system, instead of trying to keep the system up all ...

The Role of Artificial Intelligence in the BFS Industry for Driving Innovation

  A survey by   Deloitte   claims that the use of AI in banking can boost revenues by 17%. Clearly, the notion that banking is too old-school or traditional in terms of embracing futuristic technologies is now changing.  Let's understand the critical  role AI  plays in driving a happy customer experience and padding up the bottom line for banks and the BFSI sector at large.  Role of AI in the Banking Sector   There's no doubt about AI making inroads across the banking value chain. Granted that the  BFSI sector  is still in its nascent stages when it comes to embracing AI solutions, banks are already reaping the benefits of an AI-powered service.  The 360-Degree Benefits of AI in Banking   Increased revenues, decreased costs : One of the biggest benefits of becoming AI-first for banks is reduced costs and skyrocketing profits. According to the   MIT Sloan Review ,   "AI can increase the banks’ revenues by as much as 30...

Seamlessly Move Applications and Workloads Between AWS and Azure Clouds

  Today, enterprises around the world are in the spree of adopting a ‘cloud-first’ policy to leverage the   benefits of cloud computing . They are going all-in with either   Microsoft Azure   or   AWS cloud services . Azure and AWS both are global cloud services giants offering reliable, hyperscale, and secure hosting environments for business workloads in the cloud. But what if something doesn’t go well and a business wants to change its  cloud service provider ? Let us through lights on some of the use cases where companies would require migrating applications and business data between the two clouds, whether it is a  migration from Azure  to AWS or vice versa. Why Move from One Cloud to Another? Reasons, why companies would look for switching their cloud service provider, include: Changes in the terms and conditions Initially, enterprises often choose their cloud service vendor based on a unique value proposition offered by the vendor. However,...