February 2016 | HCL Technologies
Warehouse automation is the need of the hour as delays in deliveries outrage E-commerce customers. Robots have entered this segment and are changing the way companies handle their fulfillment processes. Robots are now collaborating with humans and in some instances working autonomously.
Logistics trends in E-commerce are evolving at fast pace. Over time, companies are looking for alternate ways to ensure rapid delivery to customers to drive business success.
The number of drivers have decreased...read more
Financial Services are at the cusp of digital disruption. We might not be witnessing a 'revolution', but all the emerging trends and technologies are certainly proving that we are in the midst of an ‘evolution’.
Most of the large global banks are born pre-digital and are facing the challenge of legacy infrastructure, software, and culture. On the other hand, the new challenger banks are born-digital and carry no baggage of legacy. They are creating products and services that are relevant to the digital...read more
Over the years, the Big Data concept has evolved into an all knowing, all-encompassing technological behemoth, devouring everything that lies before it. For the uninitiated, Big Data is simply a notion to express the very large amounts of data that is being generated in our age of the Internet in the form of text files, images, videos, web pages, mobile data and so on. The amount of data in Big Data...read more
The financial services industry has experienced significant disruption over the past few years, as digital technology innovation has ushered in a new era of intense rivalry. On one hand, modern technology giants such as Apple and Google are extending their relationships with customers to branch out into new territories such as payments, which have traditionally been the mainstay of financial services...read more
The future digital operating model - Part 1
‘Banking is necessary, banks are not.’ -- Bill Gates
Banks, Insurers, and Asset Managers – who are you and what will you become? The borrowed words from Bill Gates above are immediate to Banking, but slowly they will echo across all Financial Services sectors.
At the end of the day, who you become will depend on your strategy and the role you expand to (or retreat to) in your particular part of the financial services value chain. What...read more
I think it is rather chic now to hear about the impending 'UBER movement' in Banking and Financial Services. How we do not need banks and how the FinTech upstarts will take over the world. I am waiting patiently for the 'UBER movement' in banking to occur. Yes, still waiting.
From my vantage point, I see a lot of FinTech startups innovating and creating new opportunities for change. I get it. But will these start-ups 'own' the customer? Is a new payment platform enough to ensnare an entire banking...read more
Digital Transformation in BFSI industry – The need for integrated transformation
'Customer centricity' of Digital Transformation is often misconstrued with a notion that Digitalization is just about transforming the layer of interaction between firms and its customers - intuitive mobile applications, fancy user interface websites, innovative channels to extend services, etc.
However, digital channels also attract up to five times higher transaction volume from the same...read more
The purpose of this paper is to understand the landscape, drivers, and risks of Accessibility compliance. This will help you on how to identify applicable Accessibility standards for your projects, to enable inclusive user experience in your applications and increase compliance.
"For people without disabilities, technology makes things easier. For people with...read more
Like most other great technologies, Mobility started with a small humble footprint – a mere 16M subscribers in 1995. Today there are more than ~4,000M subscribers, 50% of world’s population is safely connected. As can be seen in the picture below, deployments have been very speedy – a consistent growth rate of 35% CAGR over 20 years.
We are aware how agile methodology has changed the way our software is developed and delivered these days. Though it has its benefits but since it results in rapid development and testing, followed by deployment cycles by different teams, sometimes sitting at same place, sometimes at different locations, poses a great challenge on meeting software quality expectations and the time with which quality issues should...read more
Column level encryption has widespread use case, when it comes to encrypting business critical information in the database world. For example, a certain company may consider customer name and their details (like address and phone number) to be a critical piece of business information and would be reluctant to share this information in its original form with all the users of...read more
Gone are the days when enterprises used to think that they would be safe if they install and regularly update their end user antivirus software. Cybercriminals and target attackers are always finding new ways to infiltrate your network and install Trojans or other malicious virus. Recently we have witnessed attacks where cyber espionage groups install remote access Trojans (RAT) and thereby weaponizing malware payloads exploiting 0-day vulnerabilities. This sort of advanced persistent threats (APT) has pushed...read more
To be “smart everywhere” we need to have “eyes everywhere”
IoT offers advanced connectivity of devices, systems, and services. It covers a variety of protocols, domains, and applications. The ‘Things’, in the IoT, can refer to a wide range of devices such as automobiles with built-in sensors, health monitoring devices, biochip transponders on farm animals, or field...read more
In my previous blog, I briefly discussed about Cloud Native adoption strategies. While it is great to know the fundamentals of the subject, it is crucial to understand and imbibe the principles of cloud native adoption before you embark on the journey of becoming a Cloud Native enterprise. But, why should you care?
In order to transform business processes, reduce IT expenditures, deliver real-time...read more
Once again we stand today on the cusp of another new year. This is the time to reflect on the year gone by and happily usher in the new one. It’s time to also fathom the latest technology trends and decode which ones will likely make an increased difference to our lives in 2016.
Technology has strange ways though – in the initial days of an idea, only a few groups will be researching...read more
As trucks travel interstate highways, onboard sensors collect, send and receive information via cloud-based fleet management systems.