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@mverve
mverve's Salesforce consulting services can help your enterprise drive digital transformation. With a focus on custom CRM solutions and cutt
Drive digital transformation with mverve's Salesforce consulting services. Custom CRM solutions by experts in Sales Cloud and Service Cloud. Transform today!
mVerve is a Top-tier Digital Transformation company that has been providing its clients with Software Development, UI/UX design, Front-End d
I am sure you will agree with me that engaging employees is the need of the hour for all companies. Employee engagement is not limited to cu
This ultimate Blog for sales teams covers everything you need to know about Salesforce CRM, from its features and benefits to best practices
mVerve is a UI/UX Design Company that focuses on creating appealing and user-friendly designs for your business website/app that are preferred by users around the globe! Our UI/UX services aim to provide Digital Success by understanding modern needs and designing people-first, responsive and intuitive websites/apps for your business.
Our Frontend Development Services Leverage our latest frontend technologies to create visually stunning and responsive websites that engage
Enhance your digital presence with mVerve's expert UI/UX Design Services .mVerve is ready to Design a Website or an App for your business wi
mVerve is a Top-tier Digital Transformation company that has been providing its clients with Software Development, UI/UX design, Front-End d
Even when you have an immaculate set of tasks in front of you, building an application could be a hectic process, and each and every low-cod
Low-code/No-Code Platform has proven to be a game-changing technology in the field of business application development. Explores the benefit
For years, we have witnessed businesses opting for Application Development either by building Web and Mobile apps from external parties or b
Introduction - This is a 2 part blog series on our topic of ‘Wireframing in Websites’. In the 1st part, we focus on the ‘why’ - ‘Top 6 reaso
Introduction - This is a 2 part blog series on our topic of ‘Wireframing in Websites’. In our 1st part here, we focus on the ‘why’ - ‘Top 6
6 Ways to safely work with your Password Manager
In light of the recent LastPass Data Breach incident, we are providing you with helpful pointers on How to use a strong Master Password using a Password Manager.
As LastPass’s first data breach occurred in August 2022, the Password Manager Company warned their customers about an ‘unknown threat actor’ that may attempt to use brute force to guess master passwords/target customers with phishing attacks/credential stuffing as the actor had accessed their cloud-based storage environment and encrypted password vaults.
A Secure Password Protection Manager Tool allows you to save and manage all your password protection in one space so that you don’t have to remember unlimited passwords under some password policy. Here are some of the security measures that you can adopt while creating a Master Password:
Use a Unique Password: Make sure your Master Password is different from your existing application/account personal passwords viz. G-Mail, Facebook, Instagram to ensure your password manager doesn’t get compromised if one of your other online accounts gets hacked due to weak passwords.
Keep it safe: Don’t write down your master password or share it with anyone. If you need to remember it, try using a mnemonic device or password manager tool to manage the password lists to help you recall it. Don’t use any device for password saving. Avoid saving passwords on your mobile device.
Make it strong: Create a strong password that is difficult to guess by anyone by making it at least 12 characters long and using a combination of upper and lowercase letters, numbers, and special characters so that no one break the security breach. E.g., Setting Confetti’s!442 as C0nfett!5!442
Avoid including Personal Information: Don’t include personal information in your master password that is directly related to you. E.g., your name or your home address.
Use multi – factor authentication: Enable two-factor authentication (2FA) for your password manager to add an extra layer of security in case your master password is compromised. This will require you to enter an additional code (such as a one-time passcode sent to your phone) to access your password manager.
Update it regularly: Change your master password every few months, or whenever you think it may have been compromised to keep your password manager secure for a security update.
It is important to remember that the no cryptographic algorithm is completely hack-proof. As computing power and methods of attack continue to evolve, it is possible that new techniques may be developed that could potentially be used to break these cryptographic algorithms. For this reason, it is important for users to choose strong, unique passwords, complex passwords, and password protection while using a password manager to help protect their accounts.
Future of AI Workplace in Businesses
Artificial Intelligence, also known as Artificial General Intelligence, is a simulation that mimics human intelligence through programmes and machines has been gaining momentum in recent years as over 37% of businesses and organizations across the globe conduct their operations through AI. Over 9/10 of leading businesses have investments in AI technologies.
This article can help you reconsider your otherwise made-up point of view about AI and why exactly it hampers/facilitates the world’s human development and economic growth.
AI in a Positive Light
The initial introduction of AI brought in a lot of criticisms among the working population as they were sure this will take away their jobs and they will have fewer opportunities to rely upon to earn a livelihood. However, the thought of AI in education was somewhat shunned. However, a lot of them started to claim that AI jobs can surprisingly have many positive benefits; let’s take a look at them:
Lesser Human Errors:
As working people, we are aware of human capabilities and how a single human error can sometimes cost a company millions or thousands. Depending on the magnitude of the error can risk your job safety net. To prevent those losses, the company can use AI as digital advances because it will retain the jobs of other personnel if the error causes a huge revenue loss.
Flexible AI Tools:
Tools can be designed with special capabilities in the form of a software programme to undertake any task under an extreme environment, including doing the financials or handling marketing-related work through AI Marketing.
Increased Workplace Productivity:
Robots can greatly help the human workforce by undertaking tasks that hinder productivity. Robots and AI-powered tools can be programmed to handle repetitive and tedious tasks, and human employees can focus on more complex work. With the AI tools of appointment in advance, employees can schedule their meetings in advance.
Enhance Customer Satisfaction
Customer satisfaction is another vital factor determining the enterprise’s success in the competitive market. Many organizations use AI tools to provide better public services to their customers and keep them happy. The AI Personal assistant supports the support teams to resolve the complaints on time.
Employee Training
Employees used to traditional workplaces can find it challenging to adapt to the changes in an AI workplace. Training existing employees can be cost-intensive for the business. One way to cover this challenge is to analyze the employees’ capabilities and create separate training modules based on their strengths and weaknesses.
While it can still be expensive, this method increases the chances of success as capable employees will be trained for the right jobs. It will deliver results in the long term.
AI question generation solutions like mVerve can be used to create assessments or quizzes to gauge the employees’ learning from the training. It is cost-effective and easy to use. Add your content to the dashboard and click on ‘Generate Questions’. The machine learning model will generate many questions and categorize them as well.
Take a look at what Jeff Bezos has to say about Artificial Intelligence’s impact on businesses and how it will improve the productivity of organizations across the globe
AI- A Disaster to the Human Race?
After reading the advantages above, you might have immediately considered adopting or adapting to Artificial Intelligence Jobs. However, it is important to take note of potential disadvantages while considering time and human development related aspects:
Lack of Creativity and Emotions: AI doesn’t have the ability to make any prudent decisions but to only make optimal decisions based on the parameters with which it has been provided, regardless of the emotional impact due to a lack of emotional intelligence in them.
Degradation: AI-powered tools can not be guaranteed to be used in the long run as machines generally tend to degrade over time.
Reduced Job Opportunities: As more and more companies adopt AI, it will decrease the availability of jobs. Although many reports show that AI will likely create a large number of new jobs, then you may run into the problem of having to train people for these new jobs or leaving workers behind with the growth in technology.
Artificial Intelligence is bound to create an emerging AI revolution, and the world may be in dire need of re-adjustments so that it can balance out the number of AI admirers and criticizers to prepare for the ever increasing growth of AI-Powered tools in the workplace. It is and will always be imminent to have a knack for human compassion and empathy. At the same time, we progress towards creating a valuable asset in the future workplace, and jobs emphasizing creativity and education remain vital to our society.
As per Gartner, “80% of executives think automation can be applied to any business decision. One-third of organizations are applying AI across several business units. On average, 54% of AI projects make it from pilot to production.” [1]
As per the ethical considerations, whatever reason you choose for considering/not considering AI, the fact remains imminent that this emerging technology can change the way a business operates. Since a digitally driven future lies ahead of us, you can leverage and incorporate your business enterprise with AI with the help of mVerve’s IT solutions, as we utilize technologies that are more AI-conscious and are always identifying ways to use AI to gain a competitive advantage and recognize the age of artificial intelligence in an ever-changing digital world.
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Our AI subject-matter experts are dedicated to helping businesses harness the power of this technology to improve efficiency, streamline processes, and drive innovation. Whether you need to build custom AI models, integrate AI or digital assistants into your existing systems, or learn more about how this technology can benefit your company, mVerve has you covered.
Don’t miss out on the opportunity to stay ahead of the curve and leverage the full potential of AI. Contact mVerve today to learn more about our AI Development services and start your journey towards a smarter future.
Elevate your Business with Digital Transformation
You might have possibly come across many emerging businesses adapting to, or thinking of adapting to Digital Transformation and probably lost track of what digital transformation journey actually is.
In the simplest terms, Digital Transformation (DX) is the process of aligning your business products, needs and strategies with computer-based technologies that significantly affect its operations and value of delivery to its customers.
As per Gartner*, over 91% of businesses are practising some form of digital transformation initiative, and 87% of senior business leaders are prioritizing Digital Transformation.
In his blog, we’ll explore 4 Key Aspects of Digital Transformation out of all the DX aspects you might’ve bumped into on the internet to help you guide through YOUR business’s winning formula!
Digital Transformation- A Driving Force
Digital Transformation in India- 2023
Digital Transformation- Key Trends in 2023
Measure ROI On Digital Transformation
Digital Transformation- A Driving Force
Technologies for these transformations vary based on the organization’s specific needs. Although there is no denying that technology is a key enabler when it comes to digital transformation projects, it is imperative to focus more on letting go of outdated processes and utilizing new tech all the while embracing innovative business models.
Digital Transformation in India- 2023
Although the software industry has existed in India for around 20 years with continuous research and development in technological fields, with the internet boom since 2020, India will probably witness an impetus to become digital-ready and set a useful benchmark for the rest of the world to followtheDigital transformation trends.
As per Statista, in 2022 India reflected a Digital Competitive score of 63.93 based on how it was able to adoptdigital maturityand advancements, primarily in enterprises and government organizations while Denmark, Sweden and USA were in the top 3 with a score of 100, 99.81 and 99.80 respectively.
Digital Competitiveness Ranking in Different Countries- as of 2022
As the economy heals from the scars of the Pandemic, 2022 saw a tremendous growth in ‘Digital Payments’ in the first month of the year. According to the RBI, online transactions showed a growth around 54%.
To cite a real-life example of digital initiatives , we are most likely to not carry a wallet or cash to buy daily household items, as we are adapted to and accepted all types of digital payments.
Digital Transformation is a necessity as India enters the advanced stage of what is said to be the fourth industrial revolution, that primarily includes AI. It is imminent to adapt your digital business transformation, and shape them in a way to be competent in terms of agility, speed and culture-shift for long-term sustainable growth.
DX Success Story in India – Digitizing Healthcare Sector
Ayushman Bharat Digital Mission (ABDM) is one of the most shining examples of India embracing Digital Transformation success with an aim to make an impact for every Citizen of India.
ABDM aims to integrate digital advanced technology with the health infrastructure of the country to bridge the existing gap among different stakeholders of the Healthcare ecosystem through channels. Under this program, individuals can connect, save, and access their medical records, creating a comprehensive record of their health history, enabling physicians to give more accurate diagnoses and care.
As of Dec 17th, 2022, Over 4 crore health records of citizens were digitized and linked under Ayushman Bharat Digital Mission (ABDM). To know more about this initiative, please visit https://abdm.gov.in/
Digital Transformation- Key Trends in 2023
Now, looking at the future, let us study some key trends that might shape the future of Digital successful Transformation in 2023 and beyond.
Low-Code:
Low-code platforms are designed to enable businesses of non-technical background to build and deploy software applications. Businesses can create custom solutions without any coding knowledge as the application provides graphical user interface (GUI) and drag-and-drop tools to design the same.
Low-code platforms are instrumental in reducing cost, time, risk and scalability, which is why more and more businesses have been adopting them increasingly in recent times.
These solutions can help businesses know if their digital products will be effective in the marketplace.
Virtual Business Collaboration:
The Digital Revolution since 2020 encouraged businesses to aggressively adopt digital technologies and increase their investments in digital software that aims to facilitate virtual collaboration be it team or document collaboration tools.
We can foresee huge investments to be made in creating an ecosystem where virtual collaboration will be prioritized to boost businesses decision making and implementing processes.
Automation
Around 80% of business owners say they are prioritizing remote work processes and utilizing automation tools to eradicate time consuming tasks like internal procedures- that requires human efforts. These tools have the potential to improve productivity, customer service experience and digitizing business operations.
One of the great hacks to start off with this method is by selecting the right automation tool as per your business strategies process to get faster results with lesser coding skills.
There are no signs of automation techniques slowing down anytime soon, which is why you should adopt a digital business model to reduce errors and save your employees valuable time from performing hectic schedules.
You can start by introducing automation tools like: Robotic Process Automation (RPA) to perform repetitive internal operation tasks like onboarding, managing payrolls and data entry or Low-Code/No-Code Platforms to empower you team to design and code-write intuitive interfaces.
Artificial Intelligence and Machine Learning
Your customers no longer identify your business’s efficiency and speed as a bonus but rather as an expectation in every imaginable encounter and business environment. And for this, Artificial Intelligence and Machine Learning can undoubtedly go above and beyond the limits of your human team alone all the while amplifying their efficiency, productivity and customer relationship management.
These are the most important technologies to facilitate Digital Transformation Framework. AI can help in giving insights about customer expectations and behavior, demographics and their current demands. ML aids in using these data to create personalized products and services for their customers.
Everything as a Service (XaaS)
Many organizations are making their way to ‘Public Cloud’ to access information anytime and anywhere due to which cloud-native applications and technologies are in demand with better scalability and outputs for organizations.
Mirroring the development, companies are also shifting to ‘Everything as a Service’ (Xaas or Saas) which means their value- products and services will be available in the form of ‘Cloud-based’ subscription services. Everything from security services to storage and communications will be digital.
Measure ROI On Digital Transformation
Quantifying success, which in this case is quantifying Return on Investment, is imperative for digital transformation efforts. A company should go to the market considering it will emphasize primarily on projects with long-term value rather than chasing the ones with a short pay-off.
Like you may focus on running a business with a fully functional mobile phone application instead of just merely revamping the app. Mere implementation of technology won’t be sufficient, the technology must be monitored continuously with key performance indicators.
Ask yourself if you are taking risks. Set primary metrics in advance.
Conclusion
As the transformation takes place at an exponential rate with the introduction of 5G and other technologies in the picture, organizations across the country are putting together the resources needed to reinvent their business projects, creating new prospects for market growth and addressing crucial societal needs. One can imagine industries like- manufacturing, agriculture, health and mobility to be a part of this transformation.
Taking a step forward with emerging technology can uplift your business to create something new that benefits people around the world. So take that big step and experience the exciting times we are living in that are full of opportunities with digital platforms.
6 Ways to safely work with your Password Manager
In light of the recent LastPass Data Breach incident, we are providing you with helpful pointers on How to use a strong Master Password using a Password Manager.
As LastPass’s first data breach occurred in August 2022, the Password Manager Company warned their customers about an ‘unknown threat actor’ that may attempt to use brute force to guess master passwords/target customers with phishing attacks/credential stuffing as the actor had accessed their cloud-based storage environment and encrypted password vaults.
A Secure Password Protection Manager Tool allows you to save and manage all your password protection in one space so that you don’t have to remember unlimited passwords under some password policy. Here are some of the security measures that you can adopt while creating a Master Password:
Use a Unique Password: Make sure your Master Password is different from your existing application/account personal passwords viz. G-Mail, Facebook, Instagram to ensure your password manager doesn’t get compromised if one of your other online accounts gets hacked due to weak passwords.
Keep it safe: Don’t write down your master password or share it with anyone. If you need to remember it, try using a mnemonic device or password manager tool to manage the password lists to help you recall it. Don’t use any device for password saving. Avoid saving passwords on your mobile device.
Make it strong: Create a strong password that is difficult to guess by anyone by making it at least 12 characters long and using a combination of upper and lowercase letters, numbers, and special characters so that no one break the security breach. E.g., Setting Confetti’s!442 as C0nfett!5!442
Avoid including Personal Information: Don’t include personal information in your master password that is directly related to you. E.g., your name or your home address.
Use multi – factor authentication: Enable two-factor authentication (2FA) for your password manager to add an extra layer of security in case your master password is compromised. This will require you to enter an additional code (such as a one-time passcode sent to your phone) to access your password manager.
Update it regularly: Change your master password every few months, or whenever you think it may have been compromised to keep your password manager secure for a security update.
It is important to remember that the no cryptographic algorithm is completely hack-proof. As computing power and methods of attack continue to evolve, it is possible that new techniques may be developed that could potentially be used to break these cryptographic algorithms. For this reason, it is important for users to choose strong, unique passwords, complex passwords, and password protection while using a password manager to help protect their accounts.