Startups are exploiting big companies’ inability to respond to today’s digital world. Once they find a few weaknesses, it’s only a matter of time before their industry disruption begins to impact balance sheets in a meaningful way. Corporate leaders know this, too, and that’s why the best leaders are trying to make their companies more
Slicing software to the scale you need. Multiple products, multiple regions, multiple channels and a multitude of clients with different needs – sound familiar? When you try to fit them into a one-dimensional application platform, you will be left one-sided with fragment systems, silos and definitely failed projects. At Virtusa, we know the virtue of
Survive and advance. With another year of March Madness coming to a close, it’s a phrase we’ve heard over and over again from broadcasters, coaches and the players themselves. Do what is needed to win that particular game at that particular time. A team’s agility will determine its level of preparedness for whatever challenge awaits.
Cisco predicts that by 2019, 90% of mobile data traffic will be driven by cloud applications growing at a CAGR of over 60% in the next five years. Within the same timeframe, Gartner predicted spending on enterprise application software will grow to $200B (from $150B in 2015). It is also interesting to note that by
Look, it’s a bird. No, it’s a plane. Actually, it’s just your neighborhood drone. In 2017, you can expect the skies to get just a little bit busier as buzzing devices increasingly fill the air above our heads. Almost 3,000 businesses, universities, nonprofits, and research groups in the United States are authorized to fly drones.
Growing concern that robots will take over the world and render humans useless exaggerate the threat at hand. Has cognitive computing and robots rapidly evolved? Yes. Computers can now challenge humans intellectually and automate tasks previously thought impossible. While this sounds an alarm for many people, to me it’s exciting. Why fear robots that just
Smartphones have been a trending topic of discussion, specifically around whether they will exist within five years, or if mobile technology will be replaced with Artificial Intelligence. With smartphones as a necessity today, it is interesting to think that they will be a thing of the past by 2021. So how will this all transpire?
A sneak peek into the 3 levels of your back office automation implementation Among a host of other enterprise functions, the impact of RPA is likely to be higher in back-office processing and routine IT operations, primarily due to the predictive nature of such repetitive tasks performed by human workforce and the ease of implementation
We all know the challenges currently faced by IT in driving modernization and being nimble to meet business demands keeping in mind factors such as cost, productivity, efficiency, dependency, SLA targets and more. Organizations spend a lot of money and time to mitigate these challenges in various ways and come up with multiple solutions, of
Framework to institutionalize Automation Adoption Large scale industrial automation has swept the world ever since Henry Ford introduced conveyor-belt assembly lines in 1913. The quest for automating routine mechanical tasks drove manufacturing evolution in the automobile industry. As computers became affordable in the 1960s, Information Technology (IT) was introduced in enterprises primarily to improve ease
In most industries, there has been a lot of talk about Virtual Agents and their role in enhancing customer service. Virtual agents are software programs that enable automated, contextual conversations with customers. At a basic level, Artificial Intelligence (AI) driven Virtual Agents can be suitable alternatives to staff taking up customer calls. No doubt these
In a crucial era for technological growth and development, organizations face the inevitable challenge of digitization. This is a concept that weighs on the minds of business leaders—everybody is involved, or is at least thinking about it. For some, the global transformation into a digitized sphere is a necessary response to competition from established players
Knowledge Absorption (KA) is one of the critical phase in application transition. If KA fails everything else in the transition phase will be deemed for failure. The KA phase is especially challenging for those applications for which we have no pointers. Typically, the business analyst (BA) will be held responsible for functional transitions and during
As 2015 came to a close, the seventh episode of the Star Wars saga, “The Force Awakens,” stormed the world nearly 40 years after the first episode introduced us to characters ― some human, some droids ― that have become mainstays of our popular culture. Our fascination with R2-D2, C-3PO and newcomer BB-8 confirms the
Let’s start with a question. What are the CFO’s / CIOs looking to get from IT outsourcing in the future? If we hired a leading consulting company to help solve the question, the likely outcome is “Well, it depends”. But not really! Bear with me as I flash back to my own personal life, to
Imagine, you are waiting for a flight and whiling away time thinking you will shop for a particular item and then instantly the task of shopping actually gets done – without you touching your tablet or laptop or smart phone. This may seem bizarre, and even unrealistic, at least in the near future, but unprecedented
From the days of Alan Turing’s landmark paper “Computing Machinery and Intelligence” back in 1950, the promise of Artificial intelligence (AI) has been the Holy Grail for generations of scientists focused on the theory. While no machine has yet been built with a human level of intelligence, AI technologies are now maturing to the point
A quick recipe for effective status reporting in large complex programs: Part 1 – Communicate to collaborate
A few days ago, I met up with an old friend of mine, quite unexpectedly at a social gathering. After exchanging the usual pleasantries and talking about random topics, neither of us could resist the temptation of talking about work. Although I was better off at holding back from letting my frustration out, my friend
The first wave of the web connected people and sources of information. The second wave saw the social media connecting businesses and ordinary people. Now, however, we find ourselves beginning to ride the third wave of connectivity – one in which everyday objects become connected, and technology interweaves with our increasingly connected lives. Over 50
The last decade has seen a sharp rise in technological maturity of the human civilization. The sheer number of products and devices that humans are dependent on today far outnumber that of the technological dependency of all the previous generations put together. And this number is going to further increase in the future. However, the