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Category: Technology

RoR Technology | Read here about latest news, updates and tutorials on upcoming Ruby on Rails technologies and application/software development field.

Leveraging digital technology for financial inclusion An estimated 2 billion working-age adults all over the world do not have an account at a formal financial institution. Financial inclusion efforts include delivery of financial services at an affordable cost to sections of disadvantaged and low-income segments of the society. Using digital technology in finance can result in successful financial inclusion efforts.

by Naveen Joshi

Financial inclusion is ensuring that all households and business organizations, regardless of income level, have access to appropriate financial services they need to improve their lives. Currently, the poor or…

FintechTechnology
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Best practices in machine learning There is a huge potential to reduce costs and generate new revenue by applying machine learning correctly. Application of machine learning effectively helps in solving practical problems within an organization. Organizations must, therefore, learn about the best practices in machine learning and ensure its proper implementation.

by Naveen Joshi

Machine learning has given rise to several practical applications that fulfill real business interests such as saving time and money. Machine learning has the potential to dramatically impact the future…

IOTTechnology
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In-memory computing in finance In-memory computing has the ability to transform business IT; enabling companies to crunch and analyze large volumes of data in near real-time. It involves storing data in the main random access memory (RAM) of specialized servers instead of storing data in complex relational databases running on relatively slow disk drives. In-memory computing in finance empowers banks, retailers, and other financial institutions to analyze huge volumes of data on the fly and detect patterns quickly.

by Naveen Joshi

In the old days, organizations used to produce plans for the future and then report on a quarterly basis about how they were performing against that budget or plan. Today…

FintechTechnology
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4 ways to introduce AI in your business AI encompasses several complex cognitive technologies such as neural or deep learning networks, natural language processing, and machine learning algorithms. Introducing AI in business can be helpful as it helps in bringing radical cost reductions and opening up new kinds of opportunities.

by Naveen Joshi

Many businesses now understand what AI and machine learning is. They have learned that by introducing AI in business, they can use data to make predictions and it is the…

Digital BusinessTechnology
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Digital twin and digital thread As they prove to be useful in orchestrating and optimizing physical and digital processes across factories and the entire product value chain, the concepts of digital twin and digital thread are swiftly expanding in the digital market.

by Naveen Joshi

The digital twin and digital thread are not similar concepts. Both these concepts help in understanding the actual working of the physics-based models by reflecting the exact operating conditions like…

IOTTechnology
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The role of a Chief Analytics Officer in an organization Companies that want to enable enterprise-wide data analytics require analytics leadership and talent that can work efficiently and in a smarter manner with the information they have, and also exhibit the capability of exploiting new sources of information. This requirement has given rise to the role of Chief Analytics Officer.

by Naveen Joshi

Many organizational leaders instinctively turn to the office of the CIO to deliver business insights. But, usually, CIOs are not responsible for delivering business insights. Rather, they are responsible for…

Digital BusinessTechnology
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