Technology Archives

Expenditures in an IoT initiative The Internet of Things is a key driver of digital transformation. Companies are now investing in new IoT applications for streamlining business processes and cutting expenses. Considering IoT’s exponential growth, companies must now understand the phases and expenditures in an IoT initiative.

May 19, 2017 by Naveen Joshi

The Internet of Things is a fast-emerging ecosystem of IP-connected devices and has the potential of delivering significant business benefits valued at trillions of dollars in the coming decade across…

IOT Technology

Big data in disaster management In this information-centered and computer-driven world, big data in disaster management is an attempt to increase knowledge and improve responsiveness during a crisis or disaster.

May 18, 2017 by Naveen Joshi

The irony is that while a crisis calls for a quick and efficient response, it is often met with chaos and disorganization. All communities, worldwide, are vulnerable to crisis, both…

Big Data Technology

Data Socialization: The next big thing in data analytics Data types that are used for analytics are evolving quickly, and the use of big data, streaming data, and machine data is only adding to the ongoing challenge of analyzing enterprise application data, log data, web information, and historical data locked in reports and documents.

May 17, 2017 by Naveen Joshi

Data socialization consists of a data management platform that helps in uniting self-service visual data preparation, data discovery and cataloging, automation, and governance features with key attributes common to social…

Big Data Technology

Threat of synthetic identity thefts in finance Synthetic identity theft in finance is referred to that type of fraud which involves the use of a fictitious identity. Identity thieves create new identities by using a combination of real and fabricated information. Fraudsters use this fictitious identity for obtaining credit, opening deposit accounts and obtaining driver’s licenses and passports.

May 17, 2017 by Naveen Joshi

Why Is Synthetic Identity Theft in Finance Important? This type of theft has emerged as a major fraud activity over the last decade. The exponential growth of synthetic identity theft…

Fintech Technology

Enhancing security in banks with biometric authentication Biometric authentication devices in financial institutions such as banks can help in addressing consumer concerns regarding privacy and security. Biometric technologies are creating standards for simpler, robust authentication that reduce reliance on usernames and passwords.

May 16, 2017 by Naveen Joshi

There is a growing expectation amongst users that they should be able to easily access online banking sites from multiple and varying devices. As a result, banks need to ensure…

IOT Technology

Artificial neural network based on fractal learning Implementing fractal learning can enhance the working of artificial neural network. A fractal is referred to a mathematical set that can exhibit a repeating pattern, which is displayed at every scale. It is also known as evolving symmetry or expanding symmetry. If the pattern of replication is exactly the same at every scale, then it is called a self-similar pattern.

May 15, 2017 by Naveen Joshi

The phrase artificial neural network in AI refers to a very broad range of tasks such as speech recognition, playing games or searching the internet, controlling a robot, and all…

IOT Technology

Leveraging AI to secure customer loyalty The face of customer loyalty is changing constantly. While rewards and incentives are still important in drawing customer’s attention, customers are increasingly demanding to be seen and be heard as unique individuals with particular needs. Using AI in securing customer loyalty programs is the new solution.

May 14, 2017 by Naveen Joshi

Implementing AI in securing customer loyalty is the only way a business brand can reach an audience of thousands, and millions. AI algorithms can pluck out an individual’s need, intent…

IOT Technology