Cloud is quite a buzzword these days. From business to personal activities, it is becoming an integral part of life. Whether you open a document on Google Docs or store your photos on iCloud or Google Drive, you are deploying the cloud. Let us explore what cloud means at an enterprise application level. Cloud computing […]
AI models have been more successful in a world of machines than in the world of humans. For example, algorithms can predict a machine failure better than predicting if a customer would buy the recommended product. The main reason for this is the various cognitive biases and psychological aspects that impact human decision-making. Even the […]
Introduction: What is technical debt? You will learn multiple definitions of technical debt depending on whom you ask. A simple Google search will yield dozens (if not more) results with definitions of technical debt. It’s generally believed that Howard Cunningham (developer of the first wiki and co-author of the Manifesto of Agile Software Development) coined […]
There is a great deal of confusion about career paths in hyperautomation, especially to do with the growth trends of this industry, the skillsets required, and so on. The hyperautomation industry is at a tipping point; for those willing to take the plunge, it is an ocean of opportunities. To clear the fog, here’s a […]
Hyperautomation offers a plethora of benefits, but the most valued is profit maximization — the ultimate responsibility that every decision-maker has on their shoulders. As recession sinks in and dampens demand by lowering affordability, optimizing profits seems to be the only hedge against it. The global economy is prone to the ebb and flow of […]
Forward-looking businesses of today are riding high on new-age technology to overcome organizational challenges and deliver the best end-user experience. Hyperautomation is an approach that provides businesses to rapidly identify, assess, and automate repetitive, manual, and rule-based tasks using technology, such as robotic process automation (RPA), low-code application platforms (LCAP), artificial intelligence (AI), and virtual […]
Organizations everywhere are adopting AI and machine learning in their systems, decision-making processes, and products. AI is being put in charge of many decisions which humans take cognitively — bank tellers, medical assistants identifying a disease based on symptoms, loan underwriters, language teachers, robo- wealth advisors, etc. In his discussion on ‘Would life be better if robots […]
The back-office recordkeeping ecosystem has several black boxes that provide data to other systems and receive data from other systems. The frequency of this data exchange will vary from intra-day, daily, and less frequent. Trust Accounting, which is a critical integration, is often forgotten when looking at recordkeeping transaction processing requirements. Call centers, taxation, client […]
Technology Landscape In today’s world, software code captures the distinct business requirements and technological expertise that distinguish each Global Capability Center (GCC)/Global In-House Center (GIC). The legacy and modern custom-built applications have grown exponentially but have become more complicated and unstable with the cross-border teams working from various locations. According to research conducted by Singapore […]
Over the last decade, Managing General Agents (MGA) have enjoyed a much higher growth rate than the overall commercial property and casualty market in the insurance ecosystem. The MGA market exceeded USD 70 Bn in premiums in 2021. This trend doesn’t seem to stop anytime soon and shall continue over the next few years. This […]
A deep awareness of the data management life cycle, exceptional project management skills, and a solid grasp of benefits management are essential for effectively managing and executing large/complex data-centric programs. The road to success can be filled with potholes if such programs are managed without prior experience with data management or if one assumes that […]
This blog is an introduction to design thinking and its application in the technology landscape. It also provides a detailed breakdown of the five distinct stages of design thinking and how they can be used to build a product ecosystem.
