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4 Emerging Technologies Every CTO Should Know About

CTOs may be considered as the gatekeepers of technology adoption. In this role, they are required to fight the constant bombardment of hyped technologies, to choose the ones that will likely provide long-term benefits for the company. Technology infatuation is difficult to resist, especially with the massive influx of exciting technologies over the past decade.

So, here is a list of four emerging technologies that hold the promise of transforming business landscapes. Although a great deal of advancements has already taken place in these technologies, they can still be termed as “emerging’ since their full potential is yet to be unleashed.

1.     Internet of Things (IoT) and Data Analytics 

IoT means different things to different people. To some it means smart cars and intelligent appliances. To leading CTOs, on the other hand, IoT-enabled systems represent a powerhouse of data generation. M2M (machine to machine) communication makes processes more efficient by reducing the need for human intervention. Not just that, it removes human biases from the equation and eliminates human errors.

With this, IoT offers businesses the most powerful currency for growth – Data. The estimate of IoT data generated in 2019 stands at more than 500 zettabytes (with one zettabyte being equal to one trillion gigabytes)! And, this is expected to grow exponentially. No wonder then that thought leaders like Bill Gates and Dr Judith Dayhoff say that IoT has given the inanimate world a “digital nervous system”.

The magnitude of data represents a huge opportunity as well as a major challenge for companies. This data can be used for anything, from market research to predictive analytics. It can empower businesses to find a competitive edge and target new consumers. Within a business, leaders will be able to gain comprehensive horizontal and vertical views. 

While businesses have acquired data for many years, they haven’t been able to leverage it completely. Large parts of data remain unused, which should be a concern for CTOs. Data is worthless if it cannot be presented in consumable formats.

2.     5G Connectivity

Devices communicate over the internet, which means the role of cellular technology is vital. With speeds typically around 200Mbps and up to 1Gbps, 5G promises not only to be super-fast but also to provide increased network capacities and lower latency. This means thousands of internet-enabled devices and IoT sensors can run simultaneously and smoothly.

The results could be revolutionary. Businesses could live-stream events for millions of people at one place. Manufacturing robots could be empowered to ease tasks like assembly, packaging and construction by communicating with one another. Driverless cars could become a reality. Technologies like Augmented Reality (AR) and Virtual Reality (VR) could change the way we educate students or train employees. 

5G could act as a catalyst for easy adoption and a higher number of use cases for these technologies. In India, 5G is expected to constitute 11% of mobile subscriptions by 2025, according to the 2019 Ericsson Mobility Report.

3.     Cloud Computing 

Since vast quantities of data will be generated by devices, supported by 5G, most companies will be compelled to transition to a cloud infrastructure. If data is to be the new currency, businesses need to focus on storing this valuable asset and make it accessible to people from anywhere and at any time, while also protecting it from unauthorized access. 

Doing so will dramatically lower operational costs, lead to smoother infrastructure management and offer flexibility to scale according to changing business needs. Everything from bandwidth to processing power can be scaled inside a cloud infrastructure. This will be important for businesses to manage fluctuating demand due to seasonality or economic cycles.

The security of data remains a top concern for global CTOs. The onus lies on the CTO to forge relationships with trusted partners that offer robust data protection solutions.

4.     Facial Recognition

With devices already poised to provide such tremendous benefits, technologies like Facial Recognition can be brought into workplaces to enhance security, such a system called facial recognition based visitor management system. Companies can use this technology to provide a rich employee experience. This technology has multiple benefits from Visitor Management to Employee attendance through facial recognition. Instead of card punching, facial co-ordinates can become the source of attendance rolls, helping the HR/admin to prevent abuses like ‘buddy punching’ and increase the reliability of data related to productivity, wage theft and absenteeism.

CTOs will increasingly feel the pressure of choosing the right technologies and ensuring acceptance within their organization. Even the most promising and fascinating technologies fail if they are not accepted by employees. The key to increase technology effectiveness is ensuring they align seamlessly to employees’ everyday work habits. 

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Make your first impression the best one by giving your guests the welcome that they deserve with veris Visitor Management System.

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Veris is a smart visitor management system with secure iPad check-in software to offer your guests a grand welcome. Optimize your front desk operations with pre-registrations & super-fast check ins.

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The Veris visitor management system allows companies to make guest management smoother by digitizing the registration of on-site visitors and streamlining the check-in processes.

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How a visitor management system saves money?

Offices are still using conventional log books to keep a track of visiting entities in their facilities but the question is how do you leverage the use of advanced visitor management technology to secure the premises and at the same time ensure utmost productivity and save money.

 1.Reduced Labour Cost: As a conventional practice you would hire someone to sit at the reception and take note of who’s coming in and can cost a huge amount of money to an organization and if you get a large number of visitors, you’ll need to hire more people to sit at the desk, but if you have a smart self check-in kiosk in place then your visitors can self check-in and at the same time your staff could do more productive work.

 2.Less time searching for records and more time for productivity: In case of finding a single record of entry, you will end up sifting through piles of papers just to search for information of that one visitor. Visitor management system records the data of each and every visitor, allowing for fast and convenient visitor tracking.

 3.Less visitor interruption: Employee who sits closest to the door from where your visitors walk into the premises is most affected by an interruption from visitors. According to a research done by The New York Times, once interrupted people take 25 to 30 minutes to get back into the task, which means if a person is interrupted once in a day, he or she loses an average of 2.5 hours of productivity a week. Eliminating these interruptions can boost productivity, hence save your money.

4. Eliminate the use of paper: One of the biggest reasons why organisations are perceiving the idea of having a smart visitor management is because visitor sign-in sheets and logbooks account for 60% of the number of consumable office supplies. Eliminating the use of paper can save a lot of money for your organization. Veris visitor management system comes with smart e-badges for visitors, guests and employees to completely eliminate the use of papers, which is not only helping organisations to save money but making them greener with each check-in without using paper.

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Feature of the Month: e-Badges by Veris - Veris

Most workplaces today require all employees to carry identification cards. Most of these have a standard format and serve the aim of providing access to employees into different sections of the office. What if we were to tell you that these mundane products could be an incredible brand building tool and even a CSR initiative?…

e-badges by the Veris smart visitor management system has brought in enhanced convenience and time saving, while promoting brand building and a paperless environment...

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The Veris ecosystem ensures that your VIP visitors don’t have to wait at the reception. The moment they arrive and register at the terminal, you are sent an instant SMS notification. To make it even more convenient for your important visitors, you have the option of preregistering them.

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Mobile Devices Transforming the Workplace - Veris

The proliferation of smart technologies, commercialization of IT and the ability to access data from anywhere in the world has enabled digital workplace disruption. Adopting mobile strategies in the workplace is enabling businesses to drive employee productivity, achieve supply-chain optimization, use enhanced marketing communication tools, aim for higher workplace security and maximize overall reach. The…

One of the biggest advantages of mobile devices is the amount of flexibility and transparency they lend to the workplace. This enables greater employee engagement and productivity. The Veris visitor management software can be accessed from anywhere across the globe, through simple log-in credentials. It generates customized messages for visitors in case of emergencies, while also alerting the security personnel when a visitor has overstayed their visiting hours.