“Poor data quality costs businesses an average of $15 million per year.” -Gartner Good data is the foundation of any successful business. Forecasting, planning, or tracking a company’s long-term performance is difficult without good data. Real-time information provided by data supports decision-making and helps save time and money. So, it [...]
Once upon a time, in a world of traditional banking, a young entrepreneur named Richa had an innovative idea for a new financial service offering. However, she realized that her idea was only possible if she could access financial data from various banks in real time. Frustrated by the [...]
Quality assurance has become the lynchpin for business enterprises to improve the overall quality of software products and services. This helps reduce development costs, time and effort, minimizes rework, and improves the reliability and usability of the software. The State of Software Quality Report 2023 – with the exclusive [...]
While using any non-payment app or website, sometimes we have a smooth, frictionless, seamless payment experience. Payment processes are so integrated or embedded within the non-payment apps or websites that there are no hiccups or interference while paying. Some applications have integrated payments, while others have embedded payment processes. There [...]
The insurance industry plays a vital role in protecting businesses and individuals against potential losses. However, with technological advancements, customers expect faster and more personalized services, leading to increased complexity and challenges for traditional insurance systems. Blockchain technology offers a promising solution that improves cost efficiency, transparency, fraud prevention, compliance, [...]
Traditional forms of enterprise project management are constantly evolving as the field matures and expands. Although these ways of thinking have been successful in the past, changes to the ways we work, lightning-fast globalization, and the increased use of Agile across industries require a new way of working. As a result, structuring [...]
ChatGPT has taken the world by storm. Apps powered by large language models (LLMs) have suddenly taken center stage, with OpenAI, Google, Baidu, and Microsoft getting into the act. A spurt of startups and use cases has emerged on the scene. Suddenly, Generative AI, a branch to which these LLMs [...]
The insurance industry has always been one of the most data-intensive industries. With customer data, claims data, and other information, insurers have adopted artificial intelligence (AI) to streamline their processes and provide better customer experiences. AI/ML-powered technologies have enabled insurers to automate claims processing, fraud detection, and underwriting, among other things. Here [...]
A hardware security module (HSM) is a tamper-resistant physical computing device that safeguards and manages digital keys, performs encryption and decryption functions for digital signatures, and provides strong authentication and other cryptographic functions. HSM has mature technology that is highly available, scalable, and usable. These modules traditionally come as [...]
ChatGPT has taken the world by storm. A simple interface is now being used by everyone and for everything. If you are in IT, I am sure not just your colleagues, but folks from your family that do not belong to the IT world are also talking about it. ChatGPT [...]
