In today’s digital world, cybersecurity is a significant concern for businesses of all sizes. Business processes manage resources and data and improve productivity. However, like any other software system, ERP implementations are vulnerable to cybersecurity threats, which can be devastating to organizations if they occur. In this blog post, we’ll explore some of the most […]
ChatGPT is a chatbot development tool that utilizes NLP to allow developers to create chatbots that can understand and respond to user input naturally and conversationally. GPT denotes ‘Generative Pre-training Transformer’ and is an AI-powered language model. “Pre-trained” implies it has a database of text/words, allowing it to understand the patterns & structure of natural language. Hence the responses are […]
Businesses are increasingly determined to create a circular economy that leads to success by consuming existing resources. Innovation and creativity need inspiration. Reusing existing knowledge is crucial to creating new design and automation ideas. Organizations will need to evolve with this advancement or be left behind. All around the world, companies have seen turbulent changes […]
“In today’s scenario, business growth and providing value-adding services to the customer are synonyms. Digital Transformation has seen a considerable surge. In 2022, 31% of organizations plan to maintain their digital transformation, and 38% will spend even more. We all know Digital Transformation is not easy! High-Risk Endeavour (HRE) It results from a harmonious mix of […]
The uprise of pandemics made business organizations face immense challenges in responding to changing technological anatomy and handling the surge in demand of consumers for not only digital but a wide range of products and services globally. There is a constant urge to find solutions to business problems. From my experience, the right architecting of […]
The common belief is that the CFOs role is limited to handling treasury, audit, tax, and investor relations, controlling, budgeting, planning, and analysis. This hypothesis is similar to the Iceberg Illusion. However, we have seen a drastic shift in the CFO role recently. A McKinsey Global Survey confirms that demands include, but are not limited to, automating […]
Digital transformation is crucial for business survival. According to 2020 statistics from Gartner, 91% of organizations have initiated some form of digitalization, while 87% of senior business leaders feel digitalization is a priority. But transitioning to digital technologies and services is different for every enterprise. No cookie-cutter approach works. And only some deployments bring success. A McKinsey survey found […]