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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.

Algorithmic pricing models in BFSI It’s the holiday half of the year. Halloween, Christmas and New Year will follow one another. As festivities are round the corner, almost all of us will soon indulge in shopping and vacationing. So cab rides to the malls, booking of hotel rooms, purchasing air tickets, and ordering gifts online, is what the next few months would look like.

by Naveen Joshi

However, considering the smart millennials that we are, we’re going to do all of that at the best available price. That is to say, avoid surging fares on cab rides,…

Technology
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Using the Tragedy of Commons theory for application portfolio guidance Many times, business and application leaders bring their rationalization efforts as far as a plan, but stumble getting the business engaged to execute the plan. They question the reasons for spending money on an IT problem and do not understand how they contribute to the problem, so nothing happens.  

by Naveen Joshi

Many design principles laid out by Nobel Laureate Elinor Ostrum can provide a useful analog for business and application leaders in addressing the application portfolio problem. Some of them are…

Technology
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Big Wishes for Big Data We live in a world where information is everything. IBM estimates that each day, 2.5 quintillion bytes of data are created or replicated, with 90% of the world's data having been created in just the last two years! According to IBM, that's the equivalent of a million hard drives filling up with data every hour.  With high-performing analytics tools, the study of big data can lead to new understandings of consumer behavior, better management decisions, new innovations, and improved risk management.

by Naveen Joshi

In fact, experts now want to take big data implementation a notch higher by using tools that make the process more convenient for organizations and its IT users. We have…

Big DataTechnology
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Why is it important for digital businesses to be context aware? As we explained in one of the previous articles, context awareness is the property of mobile devices that may be applied more flexibly in comparison with location awareness, to smart phone users. It helps in providing task relevant information or services, improving decision making and efficiency of the tasks.

by Naveen Joshi

External context data, which, in almost all of its entirety is routinely incorporated into application logic (such as ODSs and MDM stores) originates from well-structured, predictable and familiar sources. These…

Big DataTechnology
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Constructing an effective Hybrid IT model CIOs have been the gatekeepers of infrastructure, controlling end-to-end IT decision-making. These days, many organizations have their IT infrastructure operated by multiple external service providers. As a result, CIOs are finding themselves managing and monitoring much more complicated IT environments. The hybrid IT model presents a very different landscape.

by Naveen Joshi

The rapid introduction of evolved and pervasive technology is fundamentally changing how organizations go to market with products and services, interact with their customers, innovate and achieve competitive advantage. CIOs…

Cloud ComputingTechnology
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Does the Tragedy of the Commons apply to application portfolios? Many business and application leaders are known to address a bloated application portfolio. They should look at the decades of research in a widely known economic problem, The Tragedy of the commons, for guidance. We discuss here today what The Tragedy of the commons mean.

by Naveen Joshi

Application leaders have struggled to achieve meaningful outcomes from application rationalization efforts as they do not have the authority to standardize business processes. The state they are in has parallels…

Technology
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