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VMware TANZU
298
In this era of agility where “Time-to-Market” is one of the key factors for driving any kind of business growth, VMware has come out with a strategy to facilitate multi-cloud governance and management of applications across various environments....
Cloud
163

Jan 22, 2020

Life,Death and CloudComputing

Jasbir Singh Dhaliwal Global Program Manager

Blog is an interesting take on cloud computing fundamentals and how these fundamentals mimic human life and life philosophies. Cloud technology (as we all know) is major technological disruption in the field of computing - democratizing the compute...
SCP
134
 SAP Cloud Platform (SCP) is an extremely powerful platform that enables you to continually launch your customer experience innovations. Read how to deliver exceptional experiences using SAP Sales & Service Cloud and SAP Cloud Platform (SCP...
AI Strategy
86

Dec 05, 2019

Your AI Strategy - Who is responsible

Senthil Kumar Solution Engineer for DRYiCE

AI is continuously evolving and enterprise leaders are exploring multiple options to experience AI. Many of them have a goal and wish for AI but not the strategy for AI, they want to “start small” and expect “quick results”. To be successful with AI...
Cloudification of products
3,598

Nov 28, 2019

Cloudification of Products

Apoorv Iyer SVP , Engineering Services

In a scenario of growth, innovation and competitive ness, cloud adoption is a vital choice for the success even survival of business. In the recent past cloud technology has evolved manifolds and has the potential to become the most sought after...
IBM Collaborate
333
Digital transformation is not characterized by the rampant adoption of new-age technologies.
5G World
339
5G, with its faster speeds and more reliable connections rests its future on software-defined networking (SDN) which is responsible for redefining the network architecture to support the requirements of the forthcoming 5G ecosystem. SDN along with...
Contact Center
1,170
If there is one industry which can be revolutionized with the advent of Analytics, AI and ML technologies, it is in the Contact Center (CC) space. Today, 9 out of 10 businesses differentiate themselves based on Customer Experience (CX) and Employee...
Edged
391

Oct 07, 2019

Is Cloud being "Edged" out? Next-gen technologies at the forefront

Sachin Paul Deputy General Manager, Products and Offerings, IoT WoRKSᵀᴹ

The blog attempts to bring in a degree of sanity into the common myth that edge is replacing cloud as the next big tech.
LSH
1,713
Predictive analytics has the potential to enhance value-based care for patients while also driving down costs for payers and providers. As value-based care becomes the norm, next gen enterprises need to leverage predictive analytics to improve...
VMware TANZU
298
In this era of agility where “Time-to-Market” is one of the key factors for driving any kind of business growth, VMware has come out with a strategy to facilitate multi-cloud governance and management of applications across various environments....
Legacy Applications
741
When running applications on large scale, you’ll not only be pushed to scale-up, but also consider scale-down. Containers are tuned for performance than any other existing technologies that fit the purpose to scale up/down. A lot of initiatives are...
oracle cloud migration
3,489
This blog dwells on the importance of Oracle’s cloud migration and SaaS services, and the resultant processes and challenges. 
CMDB
3,605

Aug 24, 2016

Has CMDB become Extinct?

Prafull Verma Fellow & Practice Leader - Unified Services

CMDB, a 2002 IT approach, must be reimagined to stay relevant in the age of the Cloud. The framework must shift from a relational to a graph-based DBMS, reducing complexities and time-to-market.
Migrating To Paas
1,430
Today, the global IT market is adopting PaaS platform to run their public cloud applications seamlessly. However, migrating to PaaS entails significant changes and meticulous planning.
Cloud
558

Jul 23, 2018

Multicloud Storage Manager Concept and Usage

Naveen Kumar Jain Technical Manager, ERS-HNC-ISV-System Software & Edge Analy

In the era of evolving and emerging technologies, the role of cloud computing is increasing day by day. There are many private and public cloud platforms available in today’s market and its usage too keeps increasing rapidly.  Big enterprise(s...
How Technology is changing the Face of the BPO Industry
2,899
Business process outsourcing has traditionally been viewed by the corporate sector as a means for businesses to cut down costs and improve profitability. In recent years, there has been a remarkable transformation in BPO powered by technology.
XaaS world
1,420

Jun 12, 2017

Where Is CMDB In The Xaas World?

Prafull Verma Fellow & Practice Leader - Unified Services

CMDB and SCDB have several intrinsic differences, however, in a conventional enterprise landscape, both manage separate requirements. The rise of ‘As a Service’ model and the growing influence of Cloud adoption, could possibly result in the decline...

Publishing Moving to a Cloud-Centric World
Vishal Jindal - General Manager | March 3, 2016
374 Views

Cloud technologies are taking over from applications essential to publishers and to move them to a SaaS based model with a relative less cost of maintainence

5 FinTech trends to watch in 2016
Santosh Kumar - Senior sales director & Head – Fintech Innovation | February 29, 2016
1755 Views

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 age customer’s needs.

Most of the large global banks are planning to either start their new digital banks or buy stakes in some of the challenger banks just as BBVA did recently by taking ~30% stakes in Atom bank. At the least, we will witness many pre-digital born banks investing in and embracing digital trends and technologies in 2016.

Here are 5 FinTech trends to watch out for in 2016:​

  • Blockchain - Distributed Ledger:

    Financial services organizations are racing to harness the power of the Bitcoin infrastructure to slash costs. The basic technology underpinning the Bitcoin virtual currency could be used by some of the world's biggest banks. These banks want to use the Blockchain method because it is hard to fool - making fraud difficult, speed up trading systems and make deals more transparent. Many banks such as UBS are already trying out Blockchain technology for different use cases.

    Blockchain is the software that both powers and regulates cryptocurrency Bitcoin. In its most basic form, it records ownership of Bitcoin — money — and transactions — one person paying another. The software uses a distributed ledger to police the network, which means a certain proportion of the vast network must sign-off on a transaction before it can be processed. This replaces the need for a ‘trusted middleman’ in a transaction.

    The project to test Blockchain-like technology is being led by financial technology firm R3 which has so far signed 30 banks. R3 has done a good job bringing all the rival banks together. We are witnessing a great interest across financial services on trying out this disruptive technology and will continue to see investment in 2016 to try out specific use cases that can give banks a competitive advantage.

  • Biometrics:

    2015 was the year that banks began to experiment seriously with biometrics: US financial provider USAA already offers three different biometric login options for its mobile customers (Touch ID, Facial recognition, and Voice recognition). Biometrics has been the ‘Next Big Thing’ in authentication for a long time now, but many things that have held it back have not gone away. There is often the need for costly additional equipment, and processes that require verification by a back office platform which makes it slow. Wells Fargo is testing voice recognition and eye scanning, joining an increasing number of banks and other financial services companies using biometrics technology to authenticate customers using their mobile applications. Nearly one-third of the largest US banks plan to make biometrics available to mobile banking customers by the end of this year.

  • Artificial Intelligence (AI):

    Robots have begun their invasion of banking. Robots and Artificial Intelligence (AI) in banking have the potential to reduce costs, expand skills, and improve the customer experience while working alongside or replacing humans. According to an article, Barclays believes that AI is the future of banking, and one bank in Tokyo is already staffed by a helpful robot. We have already seen rudimentary examples where users can talk to a computer system to make money transfers or access information. 

    Robo-advisors, or fully-automated online investment platforms, are also disrupting the financial advisory services. FinTech startups such as Betterment and Wealthfront have managed to pull early investors with their robo-advising platforms offering the perks of low fees and a reduced entry barrier when it comes to minimums. Many large banks including Deutsche Bank have launched their robo-advisor services. Automated financial advisors and planners that assist users in making financial decisions is a very strong use case. 

    We are certain to see an increased investment into AI in 2016 across financial services.

  • The API Economy:

    APIs are yet another vital trend driving disruption, and fueling FinTech startups and open banking data initiatives worldwide. Some of the new banks such as Fidor bank are already reaping the benefits of open APIs. With new rules such as European Payment Service Directive (PSD2) coming into existence, banks will have to implement APIs that can provide access to payment account information to third parties – including their competitor banks – following the customer’s explicit consent.

    Consumers now have the power to engage and perform transactions wherever they are, through a device of their choice. To engage customers across all digital media, banks need to be able to provide contextual and personalized product offerings and drive immediate conversion through embedded offerings. With the advent of APIs, banks can easily expose their product catalogs, payment wallets, and other services to digital customers.

    APIs are an important component in the digital architecture and banks are investing in building modern applications that can service their customer on a platform of their choice at any point in time. We will continue to see increased investment in 2016 on building APIs and helping banks serve their digital customers better.

  • Cloud Computing:

    Cloud has become one of the mainstream strategy topics for most large global banks. The debate is not if, but, how will they eventually embrace cloud – if not public cloud, then private cloud or hybrid cloud – and which version to select for which function.

    Banks will continue adopting Cloud services for their business applications, while carefully keeping sensitive data housed at private data centers. According to CIO.com, Deutsche Bank plans to have 80% of its systems based in the cloud by 2020. Today, cloud has matured and covers a panacea of Software-as-a-Service, Infrastructure-as-a-Service, Platform-as-a-Service, and more. It is certain that if not public, private, and hybrid clouds will play a vital role in the banks’ digital future.

    Join us at Netherland India Business Meet 2016 to hear Santosh kumar speak on ‘The changing face of Financial Services’


Cloud Native Adoption: Key Principles to Drive Your Strategy
Kalyan Kumar B - CVP & CTO, HCL Technologies | February 2, 2016
1249 Views

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?


Cloud Native Enterprise Is For Real!
Kalyan Kumar B - CVP & CTO, HCL Technologies | December 24, 2015
1484 Views

Beyond all the hype around Cloud Native Enterprise,  real work in this area is being delivered and appreciated.

Over the last 6 decades, IT has evolved from mainframes to cloud. This IT evolution has changed the way businesses function, and has enabled them to drive consistent user experience across devices and platforms. This is one of the prime reasons why hybrid cloud has been dominating the cloud market in the recent past. It not only helped businesses to automate and innovate, but it has also provided them with a competitive advantage in the global marketplace.


Software Defined Infrastructure :Why the CIO is still relevant
Saurabh Vadhera - AGM & Product Manager - NGDC | August 27, 2015
792 Views

Despite the initial adoption challenges, Software Defined Infrastructure is being considered as one of the biggest bets for CIOs. Read more.


Changing trends of software testing market
Yagya Pipariya - Senior Manager - Strategic Marketing | August 25, 2015
7097 Views

With the rapid increase in products and applications, software testing market is also undergoing transformation to align itself with the disruptive environment.


How has technology changed the users and businesses at the workplace?
Kalyan Kumar B - CVP & CTO, HCL Technologies | July 31, 2015
333 Views

Gone are the days when users were restricted from bringing their personal cameras and other devices to the office premises. Today, they bring all of these through their mobile phones! Moreover, they want to access official and personal emails, documents, and other assets on the go, with NO disruption. It all signifies a convergence of two worlds: Users and Businesses. It also means keeping the lights on, all night long, for the CIO.


Smart Cities Can Improve The Quality Of Urban Life
GH Rao - President - Engineering and R&D Services (ERS) | January 30, 2015
3933 Views

Integrating Devices and adopting technology planning in our Infrastructure will give rise to smart cities with a better quality life

Apache Storm in HDInsight
Prathameshwar Pratap Singh - Technical Manager | January 30, 2015
824 Views

HDInsight: What is Storm? How do you use Storm in HDInsight? Why choose Storm over Spark streaming?

We can use Map/Reduce, Hive, Pig, HBase, etc. in Hadoop (as well as in HDInsight) to process and analyze Big Data, but all these components process data in batches and it becomes inefficient in processing real time data. Batch processing takes a lot of time (sometimes hours) to process huge amounts of stored data. To overcome this, there is a need for real time data processing.


Long Tail Strategies – Retail to IT
Vittal Devarajan - Senior Vice President | January 27, 2015
513 Views

Baird Equity Research Technology estimates that for every dollar spent on Cloud, there is at least $3 to $4 not spent on traditional IT