Risk Management – A Current Problem for Banks Risk (mis)management is at the core of the recent turmoil in the financial markets. These issues started with US regulators seizing Silicon Valley Bank (SVB). According to Michael Barr, Fed official and US top banking regulator, “SVB’s failure is a textbook case of mismanagement.” (1) Similarly, MarkRead More..
POSTED: December 11, 2022
Digital adoption has transformed not only how we communicate with our family, co-workers, and community but also how we avail critical services to support our well-being. Healthcare messaging apps have helped millions across the globe get medical care that would not have been otherwise accessible to them. Healthcare messaging apps are shaping the future ofRead More..
What Is Workflow Automation? Workflow automation enables business processes to run entirely without human involvement other than when it is necessary. It invokes tasks at specific points in any given process using rule-based logic and capabilities from artificial intelligence (AI). Five or more automated divisions are present in more than one-third of businesses. It isRead More..
Business Process Outsourcing (BPO) refers to contracting specific operations, or an entire division, to specialized third-party service providers. This kind of workflow delegation or sub-contracting helps enterprises manage their businesses efficiently and encourages them to take on larger projects without facing outrageous incremental costs. Global outsourcing has become a norm now, with a promising projectedRead More..
Keep ahead of your competition with customized software! Custom software can be a tipping point to make or break a growing company. When it comes to innovation and operations, investing in customized software gives you an edge over your competitors. Let’s be honest, it is not possible with standard software! Custom software allows a firmRead More..
Artificial intelligence is the trending buzzword in the corporate sector that is helping businesses grow tremendously. Thanks to its incredible potential to draw accurate, reliable, and valuable data. Such a potential furnishes a company with meaningful insights based on which it can make essentially strategic business decisions. It would not be a stretch to sayRead More..
90% of cybersecurity experts and 75% of enterprises consider cloud security as their top concern! Since its inception, cloud computing has revolutionized the way we access tools, files, and documents on the internet. From businesses to freelancers, everyone is using cloud computing services. The reason behind their usage is flexibility and cost-effectiveness. 87% of companiesRead More..
The upliftment of communities largely depends on govt and charitable programs; and in the current economic climate most non-profits, world-over, are operating on shoestring budgets and limited human resources. Between fundraising, volunteer coordination, and sponsor management, non-profit organizations end up with a lot of administrative tasks to juggle. Keeping up with multi-directional coordination activitiesRead More..
With the rising competition to deliver uncompromising results, businesses today are investing in technology to power their decisions and choose solutions backed by big data, Machine Learning and Artificial Intelligence. The forecasted annual growth rate of Artificial Intelligence in businesses between 2020 and 2027 is 33.2%. Well, AI seems to be a boon that’s notRead More..
Small business owners have a lot on their plates. They must focus on what they do best and outsource the rest to ensure success. This includes website design and development for their growing business. Hiring an in-house website development team can be costly, so many small business owners turn to a website design company. IfRead More..