What is CLM? Contract Lifecycle Management (CLM) is a process central to any field that relies on contracts. Effective contract management can help companies across several industries, including manufacturing, telecommunications, technology, healthcare, and finance. It enables the client to track and manage contract performance, execution, and compliance while achieving milestones at every step. Thus, contract […]
An omnipresent, omniscient and omnipotent semiconductor Semiconductors are everywhere and have become an essential part of our lives. They power our coffee machines, ATMs, mobiles, and most electronic devices. Today, chips facilitate the widespread adoption of technologies such as Artificial Intelligence (AI), quantum computing, and advanced wireless networks like 5G. We know that the pandemic […]
Finding and attracting the right talent for any organization and retaining them is more challenging now, especially with the effect of the Great Resignation, as employees have become more aware of what they want and need. As per Gartner, the rate of employee turnover is 50-75% more than it used to be before the pandemic, […]
In business now and in the future, whether B2C, B2B or D2C, from small day-to-day businesses to medium-sized organizations to large markets, everyone mentions Anything-as-a-Service (XaaS) as a service trend A subscription, which fall under the purview of XaaS, is an engaging model for businesses and consumers, which is expected to progress rapidly in coming […]
I remember those days when organizations built strategy for the next five or ten years and followed accordingly, yet given that we live in a volatile environment, it no longer stands to reason. The strategy is changing every day and has become the question of survival, forcing the organization to change its focus from “Run […]
Quantum communication has emerged as a new frontier for data security, and companies are racing to get there first. This technology can make communication far more efficient than it currently is. It can protect information against hacking measures by sending multiple copies of messages through different quantum channels. Quantum communication will revolutionize how we send […]
Snowflake started in 2012 as a Data Warehouse (DW), and today it has evolved into a data cloud by supporting various workloads above and beyond DW. As part of recent innovations, the Snowflake platform has started supporting Snowpark, which, along with Spark programming constructs like Java/Scala/Python, can help achieve semi-structured and unstructured data processes, data […]
Introduction Businesses run on data. Clean, secure, and efficient data can empower businesses and the industry and help to chart the right course for the future. Companies invest millions of dollars in technologies to get their data right and in time, so they can make business decisions. Challenges are plenty for banks and financial institutions, […]
Introduction Since its launch, ChatGPT has created a lot of buzz and attracted multibillion-dollar investments. The various social media channels have come up with interesting stories on how the conversational AI tool has helped in developing websites and generating boilerplate code. There have been discussions on whether open-book exams will have any meaning with tools […]
Five years ago, HBR predicted that “75% of the world’s most valuable companies listed in S&P 500 will be replaced by the new entrants by 2027 if they don’t adopt digital transformation”. In the last five years, approximately 33% of companies have been replaced in S&P 500. With this current replacement rate, we will see […]
Data insights increasingly drive enterprises and businesses, and a data warehouse, a central repository of integrated data from within all organization functions, is central to enterprise data strategy. According to industry research firm CRN, 90% of organizations have a multi-cloud strategy, which complicates data integration, orchestration, and governance. With multi-cloud and hybrid-cloud becoming accepted, it is […]
In this ever-evolving world of “Tech”, while the concept of digital twinning is not relatively new, the way it is revolutionizing operations management for manufacturers, logistics companies, and retailers is truly NextGen. A digital twin is a virtual representation of a physical asset, process, or system, which can be used to simulate and analyze real-world […]
