Search videos: #roboticprocessautomation
Privileged Credentials
The #digitaltransformation of enterprise IT has dramatically increased the challenge of protecting business-critical applications. This transformation has introduced new challenges and complexities when it comes to ensuring the security of these applications. It is true that, the threat from bad actors with compromised privileged credentials is a real and growing threat.
It is true that compromised privileged credentials are a major contributor to data breaches. Privileged credentials refer to accounts that have elevated permissions, such as those of system administrators or database administrators, which provide access to sensitive data and critical systems. When these accounts are compromised, attackers can gain unfettered access to an organization's network, applications, and data, potentially resulting in significant damage.
Today's Headline in NewsHours
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3:00 #Government to introduce Website to track Lost or Stolen Mobile Phones
3:40 China's Oppo to stop chip design unit as smartphone sales sink
4:15 #Google boosting its Dark Web Monitoring Tool for Gmail Users
4:48 #MeitY to head proposed body to fact check govt news
5:19 Karnataka DGP Praveen Sood chairs as the CBI director
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#varindia #newshour #it #ml #PrivilegedAccessManagement #CyberSecurity#SecureCredentials
#IdentityAndAccessManagement #PrivilegeEscalation #LeastPrivilegePrinciple #CredentialProtection #PasswordEncryption #MultiFactorAuthentication #CyBy VARINDIA | 17 views
Automation taking many forms
#Automation can take many forms, from simple robotic process automation (RPA) to more advanced #artificialintelligence (AI) and #machinelearning (ML) systems. These technologies can be used to automate repetitive and time-consuming tasks, such as data entry, customer service, and inventory management, freeing up employees to focus on more complex and strategic work.
The benefits of automation are clear, as it can lead to increased productivity, improved quality, and reduced costs. However, implementing automation strategies can also be challenging, as it requires careful planning and execution to ensure that the technology is properly integrated into existing systems and workflows.
Furthermore, it's important to consider the potential impact of automation on the workforce, as some jobs may become obsolete while new ones are created. Therefore, it's important for companies to approach automation with a thoughtful and strategic mindset, taking into accounts the needs and concerns of their employees, as well as the potential benefits to the business.
Today's Headline in NewsHours
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2:30 Hindustan Unilever Ltd names Rohit Jawa as next MD & CEO
3:06 Telegram Messenger launches Power Saving Mode
3:40 #WhatsApp to leave UK market if forced to stop end-to-end protection
4:15 #Apple faces shareholder dissent at its annual shareholder meeting
5:51 #Streaming firm Roku’s shares decline after revelation of 26% of its cash held with SVB
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AutomBy VARINDIA | 21 views
RPA Revenue
By achieving a growth rate of 31% in 2021, the RPA market grew well above the average worldwide software market growth rate of 16%. Organizations are leveraging RPA to accelerate business process automation initiatives and digital transformation plans, linking their legacy nightmares to their digital dreams to improve operational efficiency.
Although growing at a slower pace than previous years, Gartner expects worldwide RPA software sales to increase at 17.5% year over year through 2023. RPA mimics transaction steps within a process or workflow including data manipulation, passing data to and from applications, triggering responses and/or executing transactions. RPA relies on a combination of user interface interaction and descriptor technologies that overlay on one or more applications.
RPA companies are rapidly evolving to provide a wider set of larger automation platforms. Organizations will look to increase their spending on RPA software solutions because they still have a lot of repetitive, manual work that through automation could free up employees’ time to focus on more strategic work. RPA and other intelligent automation technologies rely heavily on Artificial Intelligence.
AI is an extremely important component of intelligent automation because it helps drive data-driven decision-making and via machine learning it can start to extract and categorize emails, customer applications which include structured and unstructured text for example.
Secondly, Competitive RPA vendors and many software vendors are pushing beyond a traditional single technology-focused offering to a more advanced suite of tools that encompasses low-code application platforms, process mining, task mining, decision modelling, iPaaS, computer vision, and IDP capabilities on top of their existing RPA offering. This makes them poised to offer an all-encompassing hyper-automation-enabling technology platform.
Gartner predicts that through 2024, theBy VARINDIA | 37 views
Global artificial intelligence spending to touch $434 bn
Artificial intelligence can transform the productivity and GDP potential of the global economy and the global revenues for the artificial intelligence market, including software, hardware, and services, is forecast to grow 19.6 per cent (on-year) in 2022 to $432.8 billion as per IDC and the market is expected to break the $500 billion mark in 2023. AI has emerged as the next major wave of innovation. AI solutions are currently focused on business process problems and range from human augmentation to process improvement to planning and forecasting, empowering superior decisioning and outcomes. Advancements in language, voice and vision technologies, and multi-modal AI solutions are revolutionizing human efficiencies. AI solutions are currently focused on business process problems and range from human augmentation to process improvement to planning and forecasting, empowering superior decisioning and outcomes. Advancements in language, voice and vision technologies, and multi-modal AI solutions are revolutionizing human efficiencies. The overall AI market includes a wide array of applications such as natural language processing, robotic process automation, and machine learning. Secondly, AI services is forecast to deliver the fastest spending growth over the next five years with a CAGR of 22 per cent while the CAGR for AI Hardware will be 20.5 per cent.
A survey reveals, AI could contribute up to $15.7 trillion1 to the global economy in 2030, more than the current output of China and India combined. Of this, $6.6 trillion is likely to come from increased productivity and $9.1 trillion is likely to come from consumption-side effects. Whereas, AI remains a key driver of IT investment, which in turn boosts spending on related services to ensure sustainable adoption at scale. Overall, AI plus human ingenuity is the differentiator for enterprises to scale and thrive in the era of compressed digital transformation. The AI hardware category grew the most in termsBy VARINDIA | 23 views
99% of organizations are using varied combination of hybrid cloud architecture in India
Hybrid IT is an approach to enterprise computing in which an organization provides and manages some information technology resources in-house but uses cloud-based services for others. The term hybrid IT is often used interchangeably with the term hybrid cloud. Managing cloud operations across environments from a ‘single pane of glass’ is important or extremely important for 78% of the respondents in India for successful digital initiatives. Despite escalating cyber-attacks, a third of global and Indian respondents do not have security as their top priority. According to IBM's new global study on cloud transformation, there has been a drastic shift in business needs as only three percent of respondents reported using a single private or public cloud in 2021, down from 29% in 2019 – establishing hybrid cloud as the dominant IT architecture. The global study, conducted by IBM Institute for Business Value in cooperation with Oxford Economics, surveyed almost 7,200 C-suite executives across 28 industries and 47 countries including 287 executives from India. The findings indicate that the cloud market has entered the hybrid, multicloud era and concerns around vendor lock-in, security, compliance and interoperability remain paramount. The study found:
Today's Headline in NewsHours
0:00 Intro
3:08 #AdaniGroup invests into Cleartrip for its ambitious super app strategy
3:50 #Hackers posing as YouTube influencers to lure victims
4:28 #Eaton announces fuses for high-powered EVs
5:09 #UiPath joins hand with Snowflake to Power RPA analytics in the Cloud
5:52 #Yezdi Nagporewalla to head KPMG India as the CEO
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AI and ML platforms converting documents for financial institutions into structured insights
#chip #Apple #iPhone13
IDP uses AI to automate data processing
Despite major advances in digital security and cloud storage, paper remains an essential ingredient in the contracting process. Intelligent document processing (IDP) uses artificial intelligence to automate data processing, disrupting fintech by augmenting human intelligence. Unlike robotic process automation (RPA) and simple data extraction, AI for document insights enables knowledge management digital transformation with streamlined search, synthesis and analysis across large volumes of complex documents, helping employees quickly make better business decisions. But in 2021, where most business advances were built on some form of automation, weren’t we supposed to be living in a more efficient future? Even better: Why spend time assessing and sifting through thousands of documents when AI could do the job in a few minutes? As per the Adobe study, attitudes toward going all-digital with document management are rising, but old paper habits die hard. Did you know manual document-related challenges account for a 21.3% productivity loss and Indian companies waste a collective 82% annually managing paperwork!
India Inc. could potentially save up to Rs. 5000 to Rs. 6000 crore per annum by integrating smart offerings like NSE-backed Finstinct that allow financial organisations to cull out hyper-targeted, structured information from millions of unstructured paperwork and documents floating in the BFSI ecosystems. A report says, workers spend approximately 11 hours in a week to deal with documents related issues, which leads to low productivity and poor quality of the customer service. As per, Goldman Sachs it is estimated to spend $33mn every year on hiring analysts who can read reports, papers to make sense of millions of documents running through their system. It seems, perhaps the cost spent on the current manual system can be avoided and channelled towards better insiBy VARINDIA | 139 views
Enterprises are increasingly adopting cloud-based solutions
Enterprises adopting cloud-based solutions
The data traffic in the world is experiencing a swift increase due to the spread of internet services and cloud applications and further capacity enlargement of the optical fiber network is required. All around the world, the internet continues to transform how we connect with others, organize the flow of things, and share information. With its growing influence on individual consumers and large economies alike, the internet has become an increasingly vital part of our day-to-day lives. As of January 2021 there were 4.66 billion active internet users worldwide - 59.5% of the global population. Of this total, 5.2 billion mobile phone owners in the world, more than eight in ten use their phones to access the internet. China, India and the United States rank ahead of all other countries in terms of internet users. China has more than 854 million internet users, and India has approximately 560 million online users. Both countries still have large parts of the population that are offline.
As millions of people go online for entertainment and more, total internet hits have surged by between 50% and 70%, according to preliminary statistics. Streaming has also jumped by at least 12%, the estimates show. Growth opportunities abound for tech companies executing on all forms of digital transformation, particularly in the areas of cloud, XaaS, analytics, robotic process automation, AI, cybersecurity, and edge computing. While cloud computing and artificial intelligence continue to dominate the technology industry, edge computing is also making headlines. For many companies, the impetus to move to the cloud is the promise of enhanced flexibility, process optimization, and cost reduction.
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Blockchain helps the Financial Services to grow
#blockchain
Blockchain gains momentum
Blockchain technology — essentially a virtual ledger capable of recording and verifying a high volume of digital transactions — is now spreading across a wave of industries. The technology to revolutionize government, finance, insurance and personal identity security, among hundreds of other fields. Experts say 2021 is poised to see greater adoption and venture capital investment in blockchain technology. That prediction comes as more financial services apps are built using blockchain technology and cryptocurrency has become more widely accepted. As adoption of blockchain gains momentum, so does venture capital investment in the technology. It is digital information that is stored in a public database, and the benefit, particularly in the financial sector, is the ability to have a shared ledger recording detailed transactions without any identifying information, leading to improved security.
The financial majors including PayPal, Visa and JPMorgan have invested into the services sector and also adopted cryptocurrency as a payment method in the past year, as more startups are coming on the scene—armed with capital—to develop more user-friendly blockchain platforms. There are several tech companies also introducing blockchain into the sectors like Artificial Intelligence, cyber security, E-commerce, Fintech, gaming, healthcare, software social media and it is expanding to various sectors. The Fintech sector has experienced how the technology is able to secure faster the information transferring between businesses by making use of blockchain’s power of transparency and real-time data ledger technology to verify identities and reduce fraud, reducing costs, protecting consumer data and making it easier to approve credit transactions quickly. Another high growth sector is gaming, which is creating the gaming and the online experiences that feature true ownership of digital assets. It is creaBy VARINDIA | 24 views
Automation and AI is Core for the Lending LOS
#AI #Automation #LOS
AI & Automation – core for Lending LOS
Automation and artificial intelligence are poised to reshape the finance function. It is clear that technology is affecting financial services in a multitude of ways and the Finance organizations perform a wide range of activities, from collecting basic data to making complex decisions and counselling business leaders. As a result, the potential for improving performance through automation varies across subfunctions and requires a portfolio of technologies to unlock the full opportunity. FinTech will drive the new business model and the sharing economy will be embedded in every part of the financial system. Secondly, Blockchain will shake things up and Digital becomes mainstream. However, Customer intelligence’ will be the most important predictor of revenue growth and profitability
Advances in robotics and AI will start a wave of ‘re-shoring’ and localisation and going forward, the public cloud will become the dominant infrastructure model. Clearly, automation is driving betterment of lenders and borrowers alike. We have seen that the Regulators are turning to technology and most important is Cyber-security will be one of the top risks facing financial institutions . Choosing the right LOS is a strategic decision and involves a thorough mapping of business needs with solution features. The overall mapping sheet should contain all the points related to customization, scalability, time-to-market, after-sales support, licensing and hosting expenses, and throughput. Finally, a combination of Business Process Management (BPM) and Robotic Process Automation (RPA) could be a great approach to ensure the delivery of both technical and operational requirements.
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Utilizing AI for better customer experience and operational efficiency
#AI #ML
AI & Analytics automating manual tasks
Organisations in developing countries are conducting various experiments on how artificial intelligence (AI), machine learning, and advanced analytics can be used to improve the customer experience. But, right now, many companies are largely focused on leveraging these technologies to automate labour and thereby reduce operating costs. And, whether they realize it or not, that’s a risky approach. Essentially, AI is commonly and narrowly seen as a way to cut costs by automating manual and knowledge work. Cost-efficiency is a business imperative, now more than ever as radical digitization has allowed competitors to arise suddenly, unexpectedly, and disruptively. But too few companies are thinking about the new jobs they should be creating in customer-facing areas (marketing, sales, services, and so on)—jobs that AI and analytics cannot replace but should support. Whereas, the Robotic process automation can cut costs for financial services firms by up to 75 percent.
Having said that, AI and analytics are producing big improvements in quality and responsiveness by automating many manual tasks. About 40% of retailers are implementing some form of intelligent automation, according to a National Retail federation survey, and more than 80% plan to do so by 2021 by improving the customer experience in most industries and will require that humans not only stay involved but that they engage with customers in new ways. That’s where these new, intelligent technologies can be most useful: enhancing, not replacing, the human face the enterprise turns toward its customers. Going forward, Intelligent PCs will make work and play more seamless, intelligent and enjoyable. As people adapt to hybrid remote working models, technology will continue to evolve as well. AI will make PCs more seamless, customized and hassle free.
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Fintech Industry is dependent on AI & ML
#fintechindustry #AI #ML
FinTech industry is facing radical transformation and restructuring, as well as a move toward a customer-centric platform-based model. Artificial intelligence is solely responsible for innovations in data analytics and product development in FinTech and the finance industry is driven by potential opportunities that help it to grow. With AI,ML and by capitalizing on robotic process automation customers can reap the benefits of easy and cost-effective financial services. By leveraging the power of AI, FinTech companies have tech solutions that resolve all the complexities and difficulties of the customers, right from borrowing loans to money invested in other profitable options.
FinTech is an industry that covers the integration of finance and technology. Digital disruption in the financial sector is driven by factors both on the supply side, mostly technological developments, and on the demand side, accompanied by changes in consumer expectations of service. It offers the potential to improve efficiency with innovation, enhanced supply diversity, and a more competitive financial system that yields market extension augmenting financial inclusion. AI helps reduce Return-to-Origin (RTO) frauds, with the help of AI-powered systems it helps reduce RTO fraud losses in e-commerce. RTO frauds take place when customers return a product by either swapping it with a faulty product or by denying that they ever received it in the first place.
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Fintech Industry is dependent on AI & MLBy VARINDIA | 21 views
Digital technologies are strengthening the pandemic management
The future of public health is likely to become increasingly digital, and we review the need for the alignment of international strategies for the regulation, evaluation and use of digital technologies to strengthen pandemic management, and future preparedness for COVID-19 and other infectious diseases. While a lot of consumer health and wellness tech has also received good response, it’s the hospital and medical institutes that have been comparatively slow in adoption. The digital revolution has transformed many aspects of life. Digital technologies can supplement clinical and laboratory notification, through the use of symptom-based case identification and widespread access to community testing and self testing, and with automation and acceleration of reporting to public-health databases.
In times of crisis, there are various tech adoptions that can help streamline operations for hospitals, including, Robotic Process Automation (RPA)/ Hospital Automation: AI powered automation has been adopted across industries and is seen to be one of the single most disruptive factor to bring in efficiency, increase TAT, reduce dependency on human resources and drive productivity, at reduced costs. Secondly, Blockchain is going to make Electronic Health Records (EHR) accessible: One of the most crucial aspects of healthcare technology has been the effective collection and digitisation of patient data. Thirdly, Virtual Clinical Trials: One of the major contributions of technology in healthcare, in the form of big data and data analytics, that has been in the field of pharma research and lastly, Advanced diagnostic technology: Accurate and timely diagnosis is the key to win a fight against any disease or illness. Over the years, diagnostic technology has seen some breakthrough innovations and set some remarkable examples of tech adoption, from ML, AI, IoT and blockchain.
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Are Technology companies ready for Modernization with RPA and Zero-Trust
Are Technology companies ready for Modernization with RPA and Zero-Trust
Are Technology companies ready for Modernization with RPA and Zero-TrustBy VARINDIA | 30 views
The Changing Face of Cybercrime Amidst Global Pandemic
The Changing Face of Cybercrime Amidst Global Pandemic
The Changing Face of Cybercrime Amidst Global PandemicBy VARINDIA | 47 views
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India observes Independence Day with patriotic fervour
Prime Minister Narendra Modi
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How To : Fuller lips with Easy Techniques - No Lip Liners - No Overlining Ft. Pilgrim Lip care range
Pilgrim, a vegan skincare brand, has announced that it is launching a lip care range, including lip serums, lip balms, lip scrubs and lip sleeping masks, in a range of fun and deliciously fragrant flavours including bubblegum, blueberry, and peppermint.
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Bhumi Pednekar on reaction to Thank You For Coming, OMG 2, lack of gender equality, viewer hypocrisy
Bhumi Pednekar recently appeared in the comedy Thank You For Coming and the film invited some extreme reactions from the viewers. While some praised the film for its bold concept, some shamed it for that. In an exclusive conversation with Bollywood Bubble host Akash Bhatnagar, Bhumi spoke about the latter group of people and slammed them for the shaming. She expressed her disappointment towards people who didn’t criticise the film but its intent. The actress discussed the prevalent gender bias and how people never took offence when she was a part of such stories told from a male perspective. She pointed out how Pankaj Tripathi and Akshay Kumar starrer OMG 2 was supported by the same people who shamed her film, when somewhere they dealt with the same subject. Bhumi revealed if not getting any support from women within the industry disappointed her. She highlighted the hypocrisy of the situation that people accept objectification of women but have a problem with them talking about their sexuality. You can watch the entire conversation here.
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Bhumi Pednekar on reaction to Thank You For Coming, OMG 2, lack of gender equality, viewer hypocrisyBy Bollywood Bubble | 769 views
CISF की Woman Constable ने Kangana Ranaut को मारा थप्पड़, Kangana Ranaut ने खुद बताई वजह... Mandi MP
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CISF की Woman Constable ने Kangana Ranaut को मारा थप्पड़, Kangana Ranaut ने खुद बताई वजह... Mandi MPBy PunjabKesari TV | 198 views
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बीजेपी की तीसरी लिस्ट का इंतजार | 76 में से 66 पर चुनौती, जयपुर में चलेगा हिंदू कार्डBy DPK NEWS | 551 views
GAIL bringing INDIA together
GAIL India increasing it's capacity and serving all over INDIA.
Watch GAIL bringing INDIA together With HD QualityBy GAIL Social | 727615 views
Launch of Gujarat Election Campaign in Ahmedabad
Launch of Gujarat Election Campaign in Ahmedabad.
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Launch of Gujarat Election Campaign in AhmedabadBy Indian National Congress | 170759 views