Long queues and particularly long waiting period for just about any transaction was normal.Any entry only reflected after more than 24 hours as information went to data centers in batches at the end of the working day.However, over the next 40 years most banks chose to create a Centralized Online Real-time Exchange or Environment (CORE) to manage their operations, thus giving rise to Core Banking.In India alone, the number of public sector bank branches with core banking implementation went from 79.4% in March 2009 to 90% in March 2010.All over the world, the numbers are closing in on cent per cent.According to US-based research and advisory firm Gartner, core banking system (CBS) is basically a back-end system that performs banking transactions on a daily basis and updates accounts and financial records.It is essentially a bank’s nervous system that if affected can change the bank’s operations drastically.
The benefits of cloud computing are being seen in organizations and foundations regardless of how you look at it, with just about 90 percent of the associations utilizing some sort of cloud-based application.The benefits of cloud computing are being seen in associations and foundations regardless of how you look like at it, with pretty much 90 percent of associations starting now using some kind of cloud-based application.In the course of the most recent decade, the education business in India has become crucial.The education space is by a long shot the biggest industry promoted with government spending, up to 30 billion USD and private sector spending to 50 billion USD3.One of the biggest challenges that the government faces in providing education is the lack of infrastructure and if available, then maintenance of that infrastructure and other issue are Procuring and maintaining a wide range of hardware and software require ample, ongoing investment and the skills to support them.A solution to all this issue can be Cloud computing.It’s a set-up of computing resources—located just about anywhere—that can be shared.Accordingly, by implementing cloud computing innovation, we can defeat all these short comes and keep up a unified framework where every one of the powers can check the education framework from every single angle and proceed with screen and guide the framework.They check the requirements of the institutes as well as guarantee that quality training is given to each student after his participation, class exhibitions and so on can be adequately kept up without stressing for the framework issue.The cloud guarantees that students, instructors, personnel, guardians, and staff have access to basic data utilizing any gadget from anyplace.Both open and private foundations can utilize the cloud to convey better administrations, even as they work with fewer assets.Read More>>
Artificial Intelligence has marked the beginning of the biggest technological revolution in all the industrial sectors.AI serves something unique in plate for different industries.AI has the capability to serve accurate results enabling effective decision-making.A report says 83% of businesses consider AI as the strategic priority for their business growth.Talking about the financial sector, the insurance industry has implemented AI solutions for smooth functioning.Artificial Intelligence examines the data, offering strategic outcomes, which create opportunities studying the current scenario.
The usage of a back-up strategy by businesses is growing organically.Thinking about early days, manually copying the essential files to a detachable media was a hectic task to the system administrator.In earlier times, a stack of floppy disks would have been sufficient, but as time passed, the storage capacity increased, and the detachable media also expanded its range.Then we saw tapes and hard drives of much higher capacity.The Decades When Point-in-Time Backups Were EnoughSince the volume of the data back then was comparatively small, this method was enough.A single copy of the complete data, taken at the time of significant data operations was sufficient then.Later, the dropping costs and rising revolution in the technical upgradation lead to the need for an increased understanding of data importance.This growing knowledge about the importance of data created some problems too, although.
Investments made in human capital & technology enabling high quality life, economic development and management of natural resources through human engagement together comprises of a smart city.
The definition of a smart city differs from state to state and city to city depending on willingness to change and level of development needed.
Indian Government’s definition of a smart city is “Smart City offers sustainability in terms of economic activities and employment opportunities to a wide section of its residents, regardless of their level of education, skills or income level”.
Under any Smart City there are certain services which needs to be assured like water and electricity supply, solid waste management and sanitation, public transport, safety and security, IT connectivity, smart parking and many other basic needs which the smart city addresses.
In a smart city there are various softwares and applications which connect, fetches and manages data from a set of devices such as sensors and softwares that generate real time information, intelligence and analytics which aims to transform the overall city.
It is understood that there is enormous amount of heterogeneous data generated by the applications, but to handle such high capacity of data we need larger silos and high compute power, thus the latest developments in smart cities is the adoption of cloud computing.
‘Mobile-First’ is the term that is changing and prevailing in the businesses now.The term is itself precise about what it represents.‘Mobile-First’ means while designing your website, you have to first think of how good it looks on mobile devices.Yes, the technical term for such design is liquid.As we move on discussing the ‘Mobile-First Digital Transformation’, you will understand the vitality of keeping a mobile-first approach at the forefront of digital transformation and what you need for the starter pack.Considering, billions of connected devices online and the facts that suggest the increasing numbers of mobile shopping, there is no way to survive other than having your site liquid, i.e., responsive.
The banking industry is considered to be slow, conservative, and also open to various forms of bureaucracy.Owing to the multiple apprehensions and myths, the industry is often perceived as a slow adopter of technology innovations.Talking about Fintech organizations and modern banks, they have been the early adopters of opportunities offered by IoT technology.IoT Use Cases in BankingThe Internet of Things can be a competent growth driver for the financial industry to succeed.Most of the technology adoption cases in the industry might look far-fetched; still, the pace at which IoT is developing, the concept of connected banking is no more superficial.Following are some prominent use-cases in which the IoT technology can revolutionize the banking industryPersonalization of Wealth ManagementBy using data processing algorithms, we can easily get wealth management insights.IoT technology in financial services will enhance further the accuracy and speed of collecting the information and also expand the present set of insights.IoT enables business leaders can get real-time financial data for facilitating and improving the decision-making process.
LinkedIn is a business-oriented social networking service, which was founded in December 2002 and is mainly serves as professional networking.LinkedIn has been using Big Data to develop following product offerings- 1.People You May KnowThis feature of LinkedIn reminds the users with the suggestions about other users present at LinkedIn who wish they might probably connect.Most of the LinkedIn data is offline and moves at a very slow pace.Through this feature, “People You May Know”, LinkedIn pre-computes the data by recording 120 Bn relationships per day in a Hadoop MapReduce pipeline, which is running 82 Hadoop jobs that are in need of 16TB of intermediate data.The data infrastructure uses bloom filters for accelerating join operations while running the jobs that provide 10 times better performance.
ESDS Offers Disaster Recovery Services, Disaster Recovery Plan, and Sap Disaster Recovery Plan for Servers in India.Get the Entire DR Setup at only 30% of your DC costs.Your online presence is business-critical.IT resources need to be protected in case a disaster strikes, because a few seconds lost online can cost you big numbers.There's an ultimate need for data duplication in a situation where you lose your mission-critical data.Get everything- DR environment with plan, people, policy, equipment, process, technology and an Exuberant Support so that you're always data-protected.
This decade is all about connecting people to smart devices and transforming the way business is done.As we step into the digital era, smart cities, smart homes, smart retail, smart farming, connected cars, connected wearable devices, and connected healthcare is gaining popularity.Surely, the Digital era brings a connected life for Indians with a connected society.In the technological rat race, the Internet of Things (IoT) has become an important trend transforming the Indian industries.It has the potential to bring in the next industrial revolution serving not just humans but humanity.The IoT cloud platform stores huge data generated by the sensors, websites, and applications enabling real-time solutions, responses and analytics.As the world turns increasingly digital, IoT has unlocked its potential to change interactions between humans and machines thus transforming lives.
In the past few years with the rise of technological innovations, there has been an increase in the number and sophistication of security breaches.Poor input validation has turned out to be the root cause of these embarrassing data breaches reported in the last few years.While compiling the code, the developers create input fields for the users to enter whatever they wish.The website is secure until the unchecked input fields are not used for hacking.Let’s see why input validation is crucial for website securityWhat Is Input Validation?Websites processing input data from users or a wide range of systems should ensure that it is valid.Validation is carried on a variety of levels ranging from simply verifying the input types and lengths i.e.syntactic validation to ensuring the inserted values are valid in the application context i.e.
In this digital age, as technological innovations continue to transform the world, cybercrime does its best to keep up.Just as one technique of cybercriminals is exposed and catered for, they move onto the next one.“Pharming” is a typical example.The term “pharming” is based on the words “farming” and “phishing.”It’s an advanced version of phishing where the victims are trapped without any particular bait for the same purpose as they are in phishing – stealing confidential information.Read More>>
The general rule of thumb when working on the Internet is If you feel suspicious about any email at all, do not open it, and for sure don’t open any link provided inside it.Online phishing scams have been around a while and as we turn more towards Digital Technology for almost everything.Right from social interaction to banking and shopping online, Identity and banking information thefts are running rampant.The problem seems to be growing even more like a lot of our personal information is publicly available on Social media channels and other data collecting websites.The problem is only growing, as more personal information is now publicly available on social media channels and websites, and hackers can easily craft personalized phishing attacks for their preys and be very convincing and easily bypass many Security systems.In recent years we have also witnessed an increase in bank fraud cases where using stolen identities, and Aadhaar information scammers have stolen money from individual bank accounts.Kaspersky Lab a cybersecurity firm investigated the Dark Web Market and found out that personal data of any person, their complete digital life is worth even less than $50 nearly just Rs 3500.Read More>>
The internet contributes significantly to people’s lives these days, whereas the lives of some people evolve with time around the web.However, not everything on the internet seems real or seems as it is.Just as the filmmakers use sophisticated tricks, manipulations, and effects to get us to believe that the action is real, so also there are numerous websites on the internet which are using a lot of tricks and great range promises to get the internet user part way with their cash or information for fraudulent acts.The internet is full of websites that appear real on the surface but beneath it, its fake, fraudulent and scam -a ploy to fraud peopleThe evolution of the internet has brought with it numerous extremely convenient advances and powerfully shaped our manner of livelihood.The world is a global village.At the same time, the evolution of the internet has also given way to new risks and methodologies to prey on internet users —new avenues for online scammers to rip off the unsuspecting usersRead More>>
Several vulnerabilities are there from which you need to stay aware of, and the list of OWASP top 10 has mentioned the most dangerous ones.We are describing each vulnerability/attack people need to be cautious of.You can get to know about XXE attacks and LFI and RFI attacks as well.Now, we are giving answers on what are injection attacks, are there types of injection attacks, and if yes what are they?People usually know just about SQL injection attacks and don’t know about others.So, let’s start.What are Injection Attacks?First of all, understand the term injection.
SAP S/4 HANA On-Premise or Cloud?The selection between On-Premise and Cloud deployment of SAP S/4 HANA is one of the most important questions that the IT CIOs today face when they’re looking to implement SAP S/4 HANA.Owing to its simplified architecture, real-time analysis, enhancements in performance, SAP S/4 HANA does offer time efficiency and faster ROI.Migration to SAP S/4 HANA does provide competitive advantages to the business.Before moving to the difference between the two deployment models, let us understand in brief what these models are.Read More>>
Online business is the new trend in this era’s market.Having a website is just like owning a shop and getting a platform to showcase your business and fetch customers, increasing your sales and generate significant revenue.But every business faces some challenges, which if dealt in the right manner can make your way smooth as silk.You’re not unaware of the dangers in the cyber world, but surely you need a reference guide of the signs to look for and determine if you’ve been attacked or hacked.You’d also want to know how to respond immediately to avoid any loss of your business.So here is the perfect article to guide you about the signs of cyber-attack that may happen to your website, and what should be your quick response action to nip the attack in the bud itself.Read More>>
S/4 Hana, the new SAP ERP is a major breakthrough in software packages product line!SAP always mentioned that the objective of its strategy around Hana was to rewrite its Software to take advantage of in-memory.But there is still a major disruption of equilibrium in the market for ERP.Remember that the current versions of SAP ERP – Business Suite, mostly run on the Oracle database.Between 60 to 70% of installed SAP base employs Oracle DBMS, though the main rival of German elsewhere on the package on the segment.Announcement of S/4 Hana was actually a bold move from SAP, because it involves very fundamental decisions for customers.SAP also appears as a precursor for a vast movement of simplification combining both a simplification of business processes and all underlying technology layers.
The dawn of the digital era has given rise to technological innovations in transactions done on a daily basis marking the digital transformation journey of common people.
However, these digital transactions have increased the probability of security breaches incurring a huge monetary loss.
You never know your website might be the next target!
The hacker may be spying on you!
A survey says 85% of information security officers have come across security issues relating to the digital expansion of companies.
Moving into the digital realm, hackers are hunting innovative ways to walk into your website domain.
The dawn of the digital era has given rise to technological innovations in transactions done on a daily basis marking the digital transformation journey of common people.However, these digital transactions have increased the probability of security breaches incurring a huge monetary loss.You never know your website might be the next target!The hacker may be spying on you!