Machine Learning (ML) and Artificial intelligence (AI) are at the center of the hyper-competitive era in which change occurs with new technologies in the span of a single blink of an eye. Modern innovations like AI, predictive analytics, ML, and other digital disruptors are changing how businesses operate and [...]
According to Cynerio’s 2022 State of Healthcare IoT Device Security Report, 53% of internet-connected medical devices analyzed had a known vulnerability, while one-third of bedside devices had a critical risk. (Cynerio observed over 10 million medical devices at over 300 hospitals and medical facilities across the world). As per the [...]
The COVID-19 pandemic has changed how businesses in all industries and geographical areas conduct their business for years. A recent McKinsey Global Survey of executives revealed that organizations had sped up the digitalization of their internal processes and supply-chain interactions by three to four years. Additionally, their portfolios’ proportion [...]
Banking has undergone a significant digital transition, which goes far beyond simply switching from a traditional to a digital environment. To evaluate, connect with, and serve their clients, banks and other financial organizations must use a comprehensive digital transformation plan. Understanding client behavior, preferences, and needs is the first step [...]
The banking business is fast evolving, and individual banks that serve retail, commercial, small-to-medium-sized businesses (SMEs), or wealth management firms must make rapid changes to become “digital-first” enterprises. However, making such a transformation entails enormous risks. Banks that get digital transformation wrong risk damaging client relationships and losing market share [...]
Every enterprise in today’s competitive environment is undergoing digital transformation. Businesses are attempting to improve their present IT infrastructure and techniques while welcoming new technologies and software development approaches to stay ahead of the competition. Enterprises’ ability to achieve all of this is highly dependent on their willingness to implement best [...]
Digital disruption has impacted the healthcare industry enormously and kick started various innovations in the area of medical devices. This helped people to connect effectively with the latest medical devices embedding software that delivers better healthcare services. Medical devices are critical for patient care as they directly impact human [...]
Whether you agree or not, conventional businesses have become redundant by the advent of technologies like Artificial Intelligence, Big Data, IoT and ML. Today, rapidly changing customer needs are forcing enterprises to evolve, adopt and devise strategies where they can surgically strike offers to a segment of few rather [...]
According to Gartner, by the end of 2024, 75% of enterprises will shift from piloting to operationalizing AI. To innovate their way beyond the pandemic, they require an ever-increasing velocity in terms of processing, building, and delivering applications to face unprecedented competition and retain market share. Next-gen technologies are becoming [...]
Several factors, including changing customer dynamics, trends, and needs, have necessitated the retail industry’s espousal of creative ways and rapid adaptation to technologically enhanced requirements. To carry out operations in a tailored manner, the retail industry is changing to a digitally advanced scenario and environment. Thanks to digital transformation, a broader [...]
