ICTs, Business and Society
Author: AK
Recently SBI slashed interest rates and introduced a two-tier interest system for savings accounts, whereby savings accounts with less than 1 crore deposits will incur just 3.5% (this is a drop from 4%, which is the continued rate for deposits over 1 crore) The reason given behind the change was that, a decline in Inflation must be met with a corresponding decline in the savings rate. Continue reading “Make your Money work in your Interest”
IIT Delhi announces the call for applications for the Executive Management Programme in Strategic Innovations, Digital Marketing, & Business Analytics, which is planned from 6th January 2018 – 10 June 2018, and Classes to be held on Weekends/National Holidays. This will be an extensive programme of a minimum of 150 contact hours spread over 6 months. Continue reading “Executive Management Programme in Strategic Innovations, Digital Marketing, & Business Analytics in IIT Delhi, 2018”
Many online entrepreneurs create websites to reflect the products and services that they sell as well as their mission statements or overall income goals. As such, the website you create for your company will understandably look and function differently than the websites that belong to other businesses.
Continue reading “Customized Services for Your Online Business”
Of all the inventions that truly revolutionised modern life, the Internet surely ranks as one of the top contenders. Combined with automation workflows powered by analytics in the backend, technology has revolutionized the banking experience for all customers, especially those with NRI accounts and FCNR accounts, which are less accessible physically. Banking today is less of a financial business and more of a technology business, and no wonder, the focus of investors is so high in the Fintech industry. Continue reading “The internet has revolutionized digital banking for individuals”
Establishing an online presence with a website for a business is all about one thing—converting an audience into customers. To make that more likely, every aspect of the website should be focused towards that goal, including its very design. Web design is not just about looks, but also how it directs the users’ overall experience with the website. Therefore, to have a website with a good conversion rate, it should have a web design that makes it easy for potential customers to get into whatever you are offering them. Here are some of the things you can do to make that happen. Continue reading “15 Design Hacks to Maximize Conversions”
Psychology Today makes a strong case for the importance of play, stating that having fun is serious business. It goes on by declaring the following:
Just as the child is father to the man, so childhood play fosters the flexibility of thought and deed, the sociability and the empathy our species will require in the trials ahead. Michael Gove, please take note: rote learning won’t turn back the floods. Children and adults need the space to mess around if we are to get out of the mess we are making for ourselves. Continue reading “PSA: It Is Vital That You Take Some Time for Fun”
Launched recently, a few months back, based on RBI guidelines, the Unified Payments Interface (UPI) offers an architecture and a set API standards to facilitate online payments more securely. The central UPI platform is developed and managed by the National Payments Corporation of India, which also manages other digital payment mechanisms like retail clearing platforms such as Immediate Payment Service (IMPS), National Automated Clearing House (NACH) and Cheque Truncation System (CTS). The move towards promoting UPI aims to simplify and provide a single interface across all NPCI systems so that they can facilitate seamless data interchange thereby facilitating superior user experiences across stakeholders like customers, service intermediaries and service providers. Continue reading “The Future of Digital Banking lies on UPI”
To keep federal resources from being abused by certain individuals or entities, the Office of Inspector General (OIG) has created the List of Excluded Individuals/Entities (LEIE). This list contains the names of people and groups that have been excluded from participating in healthcare programs that benefit directly or indirectly from government funds. The exclusion or sanction can be caused by a proven history of committing fraud, abusing medical supplies such as medicine and other medical equipment, and exploiting resources that could have otherwise been used for providing healthcare to patients. Continue reading “AUTOMATED SYSTEM + PEER REVIEW = STRONG SANCTION SCREENING”
Start-ups the world over are slowly and steadily changing the way the industry works. By identifying a problem and addressing it through their products and services, they are making a name and gaining an audience for themselves. Start-ups are also not afraid to take a few unconventional routes and take some bold decisions that others would term risky, and this is helping them gain an edge.
The logistics industry too is seeing its fair share of start-ups emerge. They are leveraging technology to solve a problem and are orchestrating innovation in the truck industry to fast gain a market share. From trying new concepts such as truck platooning to solving base-line problems such as allowing shippers to make freight shipping bookings online, they are doing it all and with flair. Continue reading “Significance of Digital Technology for Logistics Start Ups In 2017”
Background of disruption
Uber has disrupted the cab marketplace. It has changed the way people hail cabs. Technology has been a game-changer across industries, and the transportation industry is no different. Owing to the boom in e-commerce, there has been an urgent demand for better utilization of trucks. Some of the barriers that impede the growth of the logistics industry are the lack of using available trucks optimally and charging arbitrarily. Besides, as tracking routes taken by the trucks are not possible, they have no accountability to their logistics companies. Continue reading “Next Technology Innovation for the Logistics Industry”
Starting and developing a new business, as well as managing and expanding a well established one, is never easy. Now more than ever, businesses of all shapes and sizes are faced with countless risks that transform their work environment in ways that could make or break them with a single drop in the market. Continue reading “Is Source Code Escrow Worth the Cost?”
If you’re planning to get data replication software for your company, it’s not as simple as downloading a program and installing it. Since this is an enterprise-level solution, you will need to thoroughly vet your choice of software and choose the right vendor. To help you get started, here are seven tips: Continue reading “7 Tips to Choosing the Right Data Replication Software”
Until very recently, investing in an IT solution to support business operations meant spending thousands – sometimes even millions – on infrastructure, software, implementation, and other cost elements. Today, transforming into a digitalized business is easier than ever thanks to solutions being offered as services. Continue reading “Understanding the Top 3 Advantages of Software as a Service (SaaS) for Small Businesses”
There is likely no one on earth to whom we would willingly divulge all of our most intimate details. Sure, there are those with whom we would share our financial details with, likely a financial advisor. In the same way, we would hold nothing back from a doctor about our health. We tend to spread our secrets around. Different people know different intimate bits about us. But even our spouse doesn’t know everything. At the least, when we want to buy a gift for our partner, they have no idea what it is. There is always something we are holding back from someone. Continue reading “It’s Personal: How Technology Has Overtaken the Most Personal Aspects of Our Lives”
Of all the inventions that truly revolutionised modern life, the Internet surely ranks among the top 5 when it comes to utility. Its earlier use was restricted only to communication via email and Instant Messenger (IM), but slowly, it began to expand its reach into other areas as well. Continue reading “How technology has played a part in improving personal banking services”
A Gartner study released way back in 2015 stated that companies that “fully invested” in all kinds of personalization outfits by 2018 will outsell companies that haven’t by 20%. Now this is a huge number – irrespective of the fact that there is a large amount of B2B and B2C businesses functioning currently. And with 2018 just around the corner (well, not technically – it is still 8 months away), it is vital to embrace personalization faster than ever. Continue reading “Engage Your Customers At The Right Time With The Right Message: 2017 Personalization Must-Haves”
A virtual data room, or VDR for short is a more secure form of the popular cloud storage technology we have now. Cloud storage and computing have become so popular that businesses both big and small are adapting this technology for their use.
VDRs are used as a secure and virtual meeting room that can be used for all types of business meetings. It can be a place where the auditor, the attorney and potential buyers review sensitive or personal data and other documents.
Businesses who truly want to protect their assets and their most private business dealings should look first to secure a virtual data room. First and foremost, it’s a form of traditional cloud storage, but with added security measures and private features that deal with discreet business aspects. VDRs are the wave of the future, according to data experts. The cloud, since its inception, has become an invaluable medium where businesses, organizations and users can share large volumes of content quickly across the web. Continue reading “4 Excellent Benefits Of Having A Virtual Data Room For Your Business”
Today, it seems like it’s impossible to get through the day without the help of technology. As we’ve become busier and more overloaded with information, the need for technological short cuts and tools has gone through the roof. Continue reading “The Pros and Cons of Budget Technology”
These days, numerous enterprises depend on strong channel partnership networks in order to maintain their growth and sustainability. These indirect channels—whether distributors, affiliates, dealers, resellers, or independent sales agencies—all play a vital role in your success, as they help you expand your business’s sales volume, geographic reach, and brand equity without you having to shell out the resources typically required for such expansions. Continue reading “Things to Consider When Instituting a Channel Incentives Program”
In this time and age, both B2B and B2C businesses can’t succeed if they don’t know what their customers are thinking; which is why now it has become all the more necessary for marketers to collate and analyze customer data and develop strategies based on that. Continue reading “In 2017, Customer Engagement Has To Be A Part Of Your Marketing Strategy”
Your first income opens a gateway to financial independence. But how you map your finances from there on will decide the course of your life.
One’s first salary is a watershed moment in one’s life. It may be a paltry sum or a handsome one, but one is never going to forget it for as long as one lives.
In many ways, the first salary marks a significant departure from when one is a youngster, to the point where one is considered a ‘grown up’[1]. It is a moment when one steps into the world as an earning member of society that can pay expenses and become responsible for themselves. If the salary is high enough, the person may even begin to shoulder the responsibilities of the household. Continue reading “Your first salary is your stepping stone to a stable financial future”
Call for papers: Social Media & Business Practices in Emerging Markets in Journal of Advances in Management Research, published by Emerald. The detailed CFP may be obtained here: http://www.emeraldgrouppublishing.com/authors/writing/calls.htm?id=7089
Continue reading “Social Media and Business Practices in Emerging Markets”
In some industries, simply setting up an Internet connection for each branch of your business is not enough. With more employees who need to stay connected just to use a specific tool or complete a certain task, a custom network solution such as an SD-WAN is now a necessity.
Here are six industries that can benefit the most from having an SD-WAN installation: Continue reading “6 Industries That Are a Perfect Fit for SD-WAN”
Technology is shaking up the world of business and business owners are moving up and down to adopt new technological solutions that will enable them to remain competitive. Just like in other business sectors, managing the complex supply chain the manual way is no longer viable.
This is because, in order to remain competitive and productive, businesses need to speed up their processes, operate efficiently, have control over their inventory and reduce operational costs. Continue reading “Technologies That You Should be using to Simplify Your Supply Chain Management”
As many businesses move their processes online, they are encountering a greater security challenge that is so tricky to manage. It is all about sophisticated cyber criminals whose mission is to steal or disrupt enterprise data.
Data is a vital asset to any business or organization, and any kind of data breach can be very disastrous as it can lead to loss of finances, reputation and valuable information. There are several ways that these criminals use to gain access to an organization IT system, and they succeed because businesses have no effective strategies for dealing with cyber insecurity. Continue reading “Are You Handling Your Endpoint Security The Right Way?”
