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Why do organizations need a Centre of Excellence (CoE)?

Centre of Excellence - A struggle for Excellence in an ever-changing and dynamic world. Organizations strive to 'excel' at the ordinary standards strengthened by the clarity of corporate vision.  Access to expertise is more critical than ever in any organization. "Rising Inflation, Hybrid work model, supply-chain disruptions, labour shortages, and dynamic consumer behaviours are the high-impact events which are on top of mind for every C-level and the CEO. According to market research, "The CEO's top priorities to achieve by 2025 are growth (overall scaling and expansion), workforce (expert hiring, talent retention, and diversity, equity & inclusion ), technology (digitization, e-commerce and cybersecurity), and corporate (redefining strategy, restructuring, and M&A). Most notably, the 'workforce' has become the top priority [...]

By |2023-10-17T17:00:08+05:30March 30, 2023|Blogs, CoE, Industry Thought Leadership, Technology|Comments Off on Why do organizations need a Centre of Excellence (CoE)?
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What is India’s ONDC (Open Network for Digital Commerce)?

India's ONDC is established to democratize and create a level-playing field for e-commerce superpowers. ONDC was incorporated by the Department for Promotion of Industry and Internal Trade (DPIIT) as a private non-profit (Section-8) company to establish the public digital infrastructure to expand access to India's e-commerce ecosystem and offer alternatives to proprietary e-commerce sites. Since ONDC will not follow a platform-centric model, the Indian government hopes it will democratize the country's online market for all buyers and sellers, irrespective of their size, so that millions of small retailers and mom-and-pop (Kirana) stores get an equal opportunity. ONDC is the answer to end the abuse of the aggregators' superpower - a prospective alternative to dominant global giants Amazon.com and Walmart's Flipkart [...]

By |2023-10-17T17:04:16+05:30March 30, 2023|Blogs, Technology|Comments Off on What is India’s ONDC (Open Network for Digital Commerce)?
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Digital Banks – Reimagining Trust

Digital Banking, or Neo Banks, disrupts the age-old traditional banking system that ever existed. Neobanks, sometimes called "digital banks," are fintech firms that offer apps, software and other technologies to streamline online and mobile banking. These fintechs specialize in particular financial products, like checking and savings accounts. As a result, they are more agile and transparent than their megabanks counterparts, even though many of them partner with such institutions to insure their financial products. Neobanks has made a splash in the fintech industry. New players have entered the market in large numbers. Their uniqueness is that they simplify financial services to the point where they meet the expectations of today's digital generation. Today, these fintechs are transforming the banking sector in [...]

By |2023-10-17T17:06:45+05:30March 30, 2023|Blogs, Technology|Comments Off on Digital Banks – Reimagining Trust
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How do businesses build Strategic Resilience?

How does an organization plan to address the ever-changing and growing Business to Consumer (B2C) demands? Throughout the Pandemic, the businesses consulted to stabilize, mobilize, and return to work. However, during the post-recovery, the organizations are working to find newer market opportunities and become stronger by building resilience to navigate future shocks. To address the challenges posed by the Pandemic, organizations of all sizes and scales globally had to respond in agile and decisive ways. As we enter the post-pandemic era where the world has been completely disrupted, it is time for businesses to pursue, and seize the market opportunities emerging in the recovery. Organizations that take steps now to build strategic resilience for tomorrow will capitalize effectively on [...]

By |2023-10-17T17:13:01+05:30March 30, 2023|Blogs, Technology|Comments Off on How do businesses build Strategic Resilience?
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What is Metaverse?

Metaverse is a combination of multiple elements of technology, including augmented reality, virtual reality, and video, where users "live" within a digital universe. When the Internet was still new, American Novelist 'Neal Stephenson spoke about virtual reality. In his 1992 dystopian novel Snow Crash. In the book, the Metaverse is presented as the ultimate evolution of the Internet — a kind of virtual reality where any virtual interaction can have a direct impact on the real world too. The word "metaverse" is a portmanteau of two words "Meta-" and "verse". The word "Meta" is a prefix of Greek-origin meaning "beyond", while "verse" comes from the word "universe". A virtual world where people would use Digital Avatars to play, work, and [...]

By |2023-10-17T17:13:38+05:30March 30, 2023|Blogs, Technology|Comments Off on What is Metaverse?
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What is Web 3.0?

The Decentralized Internet of the Future - the next iteration of 'World Wide Web - WWW,' is on the rise and brings the blockchain revolution with it. Imagine a next-gen internet that accurately interprets your inputs but actually understands everything you convey either through text, voice or any other media, where all the content that we consume is tailored and customized than ever before. We are at the tipping point of a new era in the Web's evolutions. In 2014 Gavin Wood, co-creator of the Ethereum blockchain, predicted the internet of the future to be centred on — unsurprisingly — blockchain technology. The Evolution of Web 3.0: Web 3.0 centres on the idea that there was already a significant shift in how we use the internet, moving [...]

By |2023-10-17T17:15:58+05:30March 30, 2023|Blogs, Technology|Comments Off on What is Web 3.0?
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Cryptos Asset Class Dilemma

India is at the forefront of the 'Crypto' Revolution; defining Asset Class for new-age digital assets will be a game-changer for the Country's Economic Growth. Cryptocurrencies have caught attention as an asset class in the last few years with a $3-trillion market opportunity. They have gone mainstream on the back of their sharp rally despite being famed for their volatility and uncertainties around regulations in many countries, including India. The digital token went further into the mainstream in 2021 as institutions, and retail investors got involved with the crypto market. The Reserve Bank of India (RBI) has opened a dedicated department for fintech that will help create regulations for cryptocurrency and its upcoming Central Bank Digital Currency (CBDC) for wholesale [...]

By |2023-10-17T17:16:49+05:30March 30, 2023|Blogs, Technology|Comments Off on Cryptos Asset Class Dilemma
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Will the Emerging Technologies enable building a Resilient Supply Chain?

How Emerging Technologies are Shaping the Future of Supply Chain and its impact in addressing the Supply Chain Challenges. The supply chain industry has witnessed a paradigm shift, especially in recent times due to the disruption caused by the Pandemic. The industry is now considering an intrinsic part of the overall business strategy, thanks to the Covid-19, which has made the adoption of Digital Transformation a need of the hour in every industry. Besides, supply chain networks face enormous pressure caused by rising and shifting customer expectations for various products and services. The pre-covid era faced challenges relating to additional customer service requirements or fulfilment needs. The businesses responded by ramping up hiring and also throwing more people to [...]

By |2023-10-21T10:06:16+05:30March 29, 2023|Blogs, Technology|Comments Off on Will the Emerging Technologies enable building a Resilient Supply Chain?
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What is Embedded Finance? (Contd)

How is Embedded Finance going to change the Fintech World? Global giants like Amazon, Mercedes, IKEA, or Walmart are cutting out the traditional banks, the financial middleman, and plugging in software from start-ups to offer customers everything right from Credit, banking, and insurance. As a result, they have now cracked the code for Finance. Until recently, if an organization wanted to offer financial services, they were required to form a FinTech arm within their business. This included an enormous capital expenditure, which took years to develop and a long time to show profits. Embedded Finance Infrastructure reduces the barriers approximately 10x for digital platforms to natively offer financial services to their customers. Therefore, for the customer, Embedded Finance enables 'native' [...]

By |2023-10-21T10:08:27+05:30October 12, 2021|Blogs, Technology|Comments Off on What is Embedded Finance? (Contd)
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What is Graph Neural Network (GNN)?

Introduction to Graph Neural Networks (GNN) - their need and real-time applications. What is a Graph? A graph is a data structure consisting of two components Nodes (vertices) and Edges in computer science. A graph G can be defined as G=(V, E), where V is the set of nodes, and E are the edges between them. If there are directional dependencies between the nodes, then edges are directed; if not, edges are undirected. Therefore, a graph can represent things like molecules or social media networks. Think of nodes as users and edges as connections. Why is Graph data hard to analyze? Graph data is very complex, that it has created a lot of challenges for existing Machine Learning (ML) algorithms. [...]

By |2021-03-17T15:30:06+05:30March 17, 2021|Blogs, Technology|Comments Off on What is Graph Neural Network (GNN)?
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