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How Security Triumphs All the Loops

Prosperity brings mischief trying to find a way around it, to cut short his/her effort to road towards success. All humans are not hard working and all are not equally smart. Some does hard work and some does smart work. In between comes the one trying to steal their hard earned fruit of success. Computer was invented to prevent a world war. And gradually it was also being misused for personal gains by individuals; group’s misinterpreting the meaning of the world revolutions or simply to eliminate the competition by using unethical means. To counter this situation cybersecurity services came into light.

With the disease comes the cure with the theft came the security. The kind of security which is not present physically but virtually preventing leak of your data, business information, software, risk management and the list goes on. From a business point of view GRC security (Governance, Risk and Compliance) is the most important factor. As the name suggest it’s a three component factor:

Governance: IT solutions are incorporated in such a way that organizational goals are achieved in a symbiotic way.

Risk and Compliance Management: Risk and compliance goes together. Means it is to make sure that all the risk involved in a business model or organizational goals are addressed and eliminated at the same time. To safe guard the information using IT solutions. To make sure the goals are being met within laws and rules affecting those operations. Means IT is embedded into the business.

This gave rise to the need of a cybersecurity consultant. Since the task was to embed a self running system into another system, it required need help of a professional. It is not meaningful to do something with half knowledge resulting in bad results, cyber thefts of important information. The consultant role is to both defend and offend any threats against the IT infrastructure of an organization, the need to attack the weakness persisting within the system to secure them against any future invasion. With ever evolving threats requires ever evolving solutions.

It is an interesting field to be in, since it requires specialized skill and education to work with. HCL Tech has proven their metal on a several such occasions. The kind of integrity required in such areas also needs an element of trust. A kind of trust on the services that lets you sleep peacefully in the night.

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How Our World Is More Connected Than Ever

The first major invention was the invention of fire by the evolved human. Following the Darwin’s theory of evolution by natural selection, Homo sapiens went on surviving by inventing things at regular intervals leading to what the modern world looks like right now. The latest big invention in the history of mankind is the internet of things. IoT solutions are responsible for connecting one individual to the entire world with few strokes and simple applications. Who could have thought that one day you would be able to control the entire with the use of your palm? The world is already a confusing place why to make it more complicated then what it already is.

 What is IoT?

The internet of things in simple world would be collection of all the internet enabled devices being able to communicate with each other by the use of internet. In simpler terms let’s assume there is a group of people who goes to a same place to drink tea. Over there they can interact with each other share different information. This place is what IoT is connecting people and helping them to exchange information. These people can reach this place using different modes of transport or from different regions which can be substituted for the physical devices enabling them to reach the place.

 How do you access the place?

 The answer to this question lies in two words IoT platform. The physical device used to reach the place or the transport mode you used is made of things. Basically it is technological medium enabling your hardware no matter how vivid it is to be able to get connected to the internet or make the use of them easier for the consumer. Or extend their reach. Your transport is made up of a platform which lets your vehicle run or you can say it is build of several systems.

 The IoT technology has enabled humans to solve major issues with few strokes regardless where they are what they are doing. It has turned out to be the most needed innovation of its time. It connects everything from a television, to a car with access to internet. It has made possible for man to become a god messenger predicting things and answering questions before they are even asked.

A beautiful mind is indeed what mankind has and that makes them superior from every living being known.

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IT Infrastructure Services: Oxygen for the New World Companies!

IT infrastructure services are offerings of building a network of hardware, software, network resources and other services that are required for the operation, management and existence of an IT environment. IT companies offer infrastructure services in order to create a smooth functioning IT ecosystem.

An IT ecosystem simply means the required hardware and software for internet access, servers for storing data and means of internal and external communication.

Need and Importance of Management for IT Infrastructure

There is now an emerging need to improve business requirements according to the demands of the customers, market and technology. All this has to be done in order to enhance benefits while minimizing the costs of operations. In order to increase the overall efficiency of an organization, components like cloud, security, IT, networks, server, application, data and people are used correctly through effective infrastructure management.

Good service, amazing quality, reliable infrastructure, managed network services are components to reducing costs of the company, ensuring that the standards are maintained and information is processed in an undisruptive way.  

Importance of IT Infrastructure

A company's growth, smooth functioning and proper communication depend totally on an efficient IT infrastructure, which is the bitter truth of the times. Infact it is not so bitter on the contrary. A good IT infrastructure helps you minimize risks, maximise productivity, utilize and save time.

 With the correct measures of backing-up data, whenever there is a technical disaster and all your data is at stake and might even get lost due to a severe technical glitch. You can retrieve the data if you keep data backup hardware/servers. This is part of great planning done beforehand. Keeping apparatus for backing up will not only save your company from losing all its data but also save you from causing inconvenience to your company's clients - the ultimate end user.

Few tips to improve your infrastructure management:

1. Always back-up your data to the cloud in order to prevent severe data loss caused by unexpected data failures.

2. The IT team should always be monitoring backup reports to look for possible ransomware virus. Its presence is indicated by high numbers of recently modified files.

Always go for a reputed IT infrastructure service provider with good clientele and experience to fully utilize the money invested and see productive results all year long.

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The demand of cyber security professionals is going to increase in the coming future. They act as both the hacker and defender to test the weak points in their security and strengthen them. Application security, network security, operational security, etc. are some of the elements of cybersecurity.

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Cloud computing is storing your software and applications on a network of remote servers hosted on the internet. Cloud providers are the companies that offer cloud solutions. Cloud computing also helps in reducing costs.

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How a good CIBIL score can transform your financial life?

Finances play a very crucial role for smooth living. Barter doesn't exist anymore in this world. Be it for basics or for luxuries, money does the talking. Like there is a downfall after every peak, there will be certain times in life when your savings will not suffice. On such rainy days, you will need a monetary back up in the form of loans.

No CIBIL equals no loan

As convenient it is for an individual to avail loans, it is as risky for the financial institution to lend money. If you were to lend money to someone, you would be skeptical too about lending it to an unknown individual isn't it? But if someone vouched for that individual, you would feel a sense of security. On a commercial level, this sense of security or repayment capability of an individual is professionally judged by an entity called CIBIL. The paying back potential of an individual is portrayed in the form of something called CIBIL score.

A typical CIBIL score ranges somewhere between 300 and 900. Higher the score in a CIBIL report, higher is the chance of you fetching a loan. An individual with a good score doesn't really face the issue of not meeting the eligibility criteria.

Bad score? No problem!

A score is calculated based on various factors like past credit history, credit type and duration and previous performance. If you are stuck in a cash crunch and a low score and wondering about how to improve CIBIL score, here are a few tips:

● Set reminders to ensure that you do not miss any further payment.

● Sometimes errors in credit report can lead to a bad score. Check for errors in your previously generated report

● Make sure you have a decent mix of credit. An ideal mix of both secure and unsecure loans.

● If you have multiple loans, try paying off a few quickly. Especially the ones with zero foreclosure charges. This will definitely have an impact on your score.

If you are just a newbie in the debt arena and need guidance on CIBIL score check, all you have to do is log on to websites like WishFin where you get instant score checks and free of cost! You never know when you might need a loan. It always better to stay clean, especially with credit!

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A Few Basics about Digital Manufacturing

Digital Manufacturing is a centered around a computer system that uses integrated approach to manufacturing. It applies digital technologies to the overall manufacturing process. It links disparate systems and span process across all departments and functions within the value chain. Digital manufacturing helps stakeholders gain quicker access to most accurate data that plays a major role in improvising processes and planning better for the future. This helps the efficiency and quality of organizational decision making evolution in a more organized and structured manner. Here are the three main dimensions of the same:

-         The product life cycle which starts with an engineering design definition and follows through sourcing, production and service life

-         The smart factory deals with the automation part

-         Value chain management focuses on minimizing of the resources

Digital manufacturing has its own advantages. It increases efficiency through automated exchange of data and avoid costly errors.  It also provides great insights at critical decision points thus providing faster pace of innovation. It also lowers the cost of production and maintenance. It is also seeing its use in Aerospace and defense as a jet turbine has hundreds of individual parts and it allows suppliers to collaborate efficiently. This technology has great applications in the future!

 Digital transformation in manufacturing comes with its own challenges. The manufacturers in today time needs to understand how digital transformation fits into their businesses. In order to remain in the business, the manufacturers need to be more competitive and need to understand that the digital transformation does not just mean implementing enterprise software into your business for a better and faster approach, but it is also transforming the business with technology.

A few challenges that are observed:

 -         A changing customer which needs to be more adaptive

-         Lack of human talent in this field

-         An unclear vision

-         Cut – throat competition

-         A complex supply chain

-         A need to spread this technology and better understand it.

-         Automation comes at a human cost and there could be job losses

-         The need to diversify and tap into new revenue sources

 Tech organizations like HCL and few others provide digital manufacturing services to manufacturing units. They effectively translate design intent from virtual world to manufacturing floor, simulation and optimization of complex manufacturing processes, concurrent engineering to compress time, improve productivity and flexibility to handle variant and volume.

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Governance Risk Compliance is a strategy that manages a company’s overall governance, enterprise risk management & compliance with regulations. Enterprise and IT risk management, data privacy services, corporate compliance & regulatory, are some of the types of services offered by GRC. Read to know more about GRC.

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State of traffic in big cities, busy schedule & lack of time, online grocery shopping seems to be the next big thing. Buying groceries online saves your precious time, offers you more variety, price comparison can be done, home delivery, etc.

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5 Advantages of Grocery Shopping Online

Online shopping is the preferred millennial way to purchase anything these days, be it clothes, electronics, art supplies or even plants. But the best thing you can get online with a few clicks is groceries. Let’s see the multiple benefits of online grocery shopping:

1. Convenient: We can’t imagine anyone wanting to hunt through stall after stall, stand in long queues and overall waste at least 1-2 hours lugging around kilos of groceries. Online grocery shopping is clearly a more convenient alternative. You can order a month’s worth of ration and veggies all from the comfort of your bed. Who wouldn’t want that?

2. Fresh produce: If you’ve ever shopped from a vegetable market, you would know that the produce being sold is not always fresh or in a good condition. Online stores, on the other hand, guarantee quality produce which are fresh and safe.

 3. Discount price: Whether you are a regular customer or not, online stores almost always have some discount offers going that you can benefit from. If you order in bulk, you can save a lot more money than you would otherwise.

 4. Keep track of orders: One of the biggest benefits of shopping for grocery online is that you have a clear record of everything you order, expected date of delivery, and your total expenditure. When you shop from a brick and mortar store or a vegetable market, you often tend to lose track of how much you’re spending, or forget important things you need. Online shopping helps you stay organized.

 5. 24/7 service: The problem with offline retail shopping is the lack of availability in times of need. Offline stores and markets have a set opening and closing time. If you urgently need some groceries for a morning event, but it’s too late in the night for markets to be open, you’re basically stuck. Online grocery stores help you avoid such situations by providing services 24/7. You can customize your delivery time to when and where exactly you need your order. This is even more beneficial during unpredictable weather when it’s not safe to go out. No need to bear the rains when you can just stay dry and warm inside, with your groceries on the way.

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How Can Iot Help Business Owners?

It is estimated that in the coming 4 years, we will have an approximate 75 billion IoT devices. But what are these IoT devices and how do they affect us? Read on to know more about the buzzword IoT and all that it entails in the world of business.

What is IoT?

For the uninitiated, Internet of Things (IoT) is technology that allows all web-based devices to connect to each other and essentially ‘communicate’. By things, we mean all devices which have an on/off button, such as smartphones, ACs, cars, computers, and even your coffee machines. This machine-to-machine communication eliminates the need for human interference, thereby increasing efficiency, simplifying workload and reducing time consumed. IoT enables the user to simplify their workload by taking advantage of the elasticity of the network of things connected to each other through the internet.

How can it help enterprises?

The following are the 3 areas where using technology like IoT in business can bring about higher levels of success:

Mobility: The biggest benefit of IoT is that it allows users to be connected to their devices and people at all times. Users can work from anywhere outside office, connect with any device inside or outside office and get any information they need within a moment’s notice. Using internet of things products and services also help users do real-time inventory checks, manage supply chains, and monitor packaging and deliveries of the company.

Timely services: IoT offerings and services can be used by retailers to help satisfy consumer expectations of instantaneous service. With IoT, store shelves can quickly notify the staff if it’s empty, provide important information on products, and even put orders for in-demand goods. IoT products can also address system updates on their own, and notify the product development teams of any malfunctions or servicing required.

Smart marketing: While we’ve spoken enough of IoT enabled devices communicating with each other, we haven’t discussed how they communicate. This machine to machine communication is made possible by Big Data. Any consumer application, or device or product with connectivity features can be converged with other aspects of our life and become a hotbed of personal data. Enterprises can benefit from this data as it allows them to know the consumption patterns of their target audience. Companies and marketers can gain insights on what clicks with their consumer and what doesn’t, and target audiences based on their preferences.

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We live in the era where we can have groceries sent to us instead of going to the grocery store. A lot of people feel discomfort while shopping for grocery. The increase in online stores in India has led to an increase in online grocery shopping. online grocery shopping not just saves your time, but money as well.

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What are the challenges faced by manufacturing industries?

Manufacturing will always be an important drive of innovation in the dynamic global market world. In today’s market place, manufacturers need to be ready for whatever is thrown at them. In fact, there are several things that need to be considered when building and executing the manufacturing strategy as this sector evolves with new technologies, products, and ways of working. With the ever-evolving complexities in customer’s behavior and competitive pressure, it is becoming difficult for manufacturing industries to explore new opportunities. A manufacturing industry should provide state-of-the-art amenities in order to stay agile and efficient. Therefore, the manufacturing services of some companies such as HCL Tech are helping several manufacturing industries to stay competitive in a constantly changing world.

Manufacturing industries can be classified in to the following –

1- Aerospace and Defense industry: Today, aerospace and defense industry is facing a lot of challenges. And they are trying to overcome such challenges that come in the form of increasing market competition. There are other factors also such as long product life cycle and regulatory compliance that the Aerospace and Defense industry is trying to address efficiently. This industry is in a big need of innovation and thus, they are changing from product-based original equipment manufacturers to service-oriented equipment providers. Besides, to reach the goals of next-generation enterprise, A & D companies will need to assume financial risks and manage them, adapt quickly to changes, and design and build programs, etc.

2- Semiconductors industry: Not only A&D industry, semiconductor manufacturing industry is also facing a lot of disruptive factors like sub-10nm nodes, EUV, and FinFET that are powering next generation devices. Therefore, to stay ahead in this highly competitive semiconductor industry, you need to understand the needs of your customers better than your competitors. Also, you need to make necessary investments in order to make differentiated products. There are several companies that have partnered with firms dealing in the manufacturing of semiconductors or semiconductor equipment manufacturers who provide comprehensive engineering solutions in order to meet the customer’s ever-changing needs.

3- Chemical and process manufacturing: The chemical and process industry is now undergoing the process of transition. They are transitioning from being product sellers to solution providers. In-efficient operations, reduced growth rate, and increased cost are bringing down their performance. Thus, developing a secure feature with reduced cost and increased revenue are current requirements of the industry. This can be done by building new business models, establishing process manufacturing software, and providing effective chemical industry consulting. Therefore, manufacturing companies can partner with firms that can help them to achieve financial stability and operational efficiency in their manufacturing process.

Besides, there are several companies such as HCL Tech that offer industry-specific services and solutions to their clients and allow manufacturers to provide value to their customers. These companies with an expertise in digital technologies improve productivity process transformation and enhance customer experience.

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What to Consider Before Buying a Savings Investment Plan?

Besides, if you want to invest in the best saving plan in India, go for Max Life Insurance; it enables you to save and get good returns on your savings, apart from helping you meet all your future expenses. Savings investment plans are basically life insurance plans that not just offer an insurance coverage, but also provide an investment avenue. The best thing about savings investment plan is that it helps you to save regularly and prepares you to meet the financial needs of your family. Moreover, being a life insurance product, these investment plans also provide death benefits, tax benefits, terminal illness benefits, and much more. Here’re the few things you need to keep in mind before buying a savings investment plan –

1. Keep the risk factor in mind: It is important for you to keep the risk factors in mind while buying the savings plan. Generally, young people in their early 20s or 30s can opt for higher risk options. They can choose aggressive investment plans. A Unit Linked Investment Plan is suited for those customers who are able to take financial risks. On the other hand, an endowment plan is suited for those who prefer to have the guarantee of their money being secure even though it provides lower returns.

2. Tenure of your investment: Savings plans are considered as one of the best tax-saving instruments. ULIPs are very good as they help to build a significant corpus over the life of the policy. In fact, the insured can start with a little amount and grow it over the period of policy tenure.

3. Flexibility of the plan: This is yet another most important factor for you to consider while buying a savings plan. For long term financial goals, these plans allow you to take care of your short-term needs. They offer the flexibility if the situation demands so. Although, it’s better to stick with the tax saving plan for a longer term, so that you can get good returns.

4. Fees and charges: It is important to understand the fees and charges when selecting a savings plan in India. Best saving plan is the one that has minimum charges and provides flexibility in terms of cash withdrawal, term of the policy, and bonus receipt.

Besides, if you want to invest in the best saving plan in India, go for Max Life Insurance; it enables you to save and get good returns on your savings, apart from helping you meet all your future expenses.

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Network services is a function provided by the network infrastructure, which offers value to the business process. Know more about some of the different benefits of network services to client companies.

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Companies opt for business process outsourcing in order to cut costs and to keep focus on core business operations. Know about the different types and the benefits of BPO services offered by companies.

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Risk management in banks plays a vital role in the day-to-day functioning. Know more about the reasons and the different types of bank risk that many national and commercial banks are facing today.