Introduction The idea of video motion detectors or smart thermostats sounded like a Hollywood fantasy ten years ago. An expansion of the IoT internet of things has since given rise to a more connected world that will grow rapidly in the coming years. Recognizing this technology is essential for understanding the destiny of both our electronic and physical surroundings. What is IoT? It is the correlation of physical goods with devices built into their design that allow them to interact and perceive actions with each other or have electronics built into the design that allows them to interact and perceive ... Read More
Autonomous vehicles and the Internet of Things (IoT) are two rapidly advancing technologies that are transforming our lives. Autonomous vehicles are already being used in some cities, and the Internet of Things has been around for a while but is being used in an increasing number of ways. These two technologies transform how we travel, providing unprecedented levels of convenience, safety, and efficiency. Autonomous vehicles and the Internet of Things are inextricably linked, as the former is heavily reliant on the latter for communication and navigation. This link will only grow stronger as new developments in both areas occur. The ... Read More
The Internet of Things (IoT) revolutionizes how we manage agricultural operations. By connecting devices, sensors, and even animals, farmers can access real-time data that they can use to optimise output. Applying IoT technology in agriculture can lead to better yields, improved efficiency, and greater profits. For example, IoT-based sensors can collect data about soil temperature and moisture, enabling farmers to adjust their irrigation systems to ensure their crops are receiving the optimal amount of water. In addition, connected devices such as drones and robots can monitor crops and identify signs of pests, disease, and nutrient deficiencies. This data can be ... Read More
Almost half of the world has adopted IoT in their daily lives. It has made our lives luxurious with its smart technologies. Starting from our homes to offices, we use smart appliances daily that help us finish our work quickly. But does IoT play any role in water management too? Can we check water levels and determine how to prevent water wastage through IoT? The answer is: Yes, IoT can help you do that too. How? Let us find it below. Applications of IoT in Water Management Wastewater Management It is one of the most challenging tasks amongst the management ... Read More
With the development of modern technology, the Internet of Things is becoming the talk of the town. This concept is more promising than anything in the tech world to make human life more comfortable. Prominently known as the next big phase of the internet, the hopes for IoT are extremely high. Before advancing, we will first understand the concept of the IoT. What is the Internet Of Things (IoT)? The Internet Of Things is an ecosystem comprised of physical gadgets and machines that can be controlled, putting them all through one web. IoT is a collection of connected devices, high-tech ... Read More
Ever since COVID-19 gatecrashed the world, banks are stopped face-to-face interactions and have sped up the process of digital engagement. Starting in 2020, almost 20% of banks started leveraging tech, and this number has dramatically risen ever since. The automatic opening of digital bank accounts is one significant change technology has brought into the banking sector. Additionally, APIs are leveraged to create new products and services that drive innovation. Some financial institutions have even started migrating to the cloud for faster speed to market. With the increased remote experiences and cyber threats, banking institutions are poised to witness more ... Read More
Digital transformation goes beyond adopting new software for a single purpose. It is transforming the business operations entirely to refine the company structure, meet market requirements that rapidly change, and add value to customer service. Digital transformation is adopting digital technology to a company’s operations, thus enhancing its products, services, and operations. It opens doors to the vast digital arena for businesses to grow and thrive. However, it is also a risky step to take, as companies often fail in the process, thus leading to a downfall. Nevertheless, it is still a worthy risk that must be taken through thorough ... Read More
Digital transformation has taken up the business world entirely. All businesses utilize the digital age to obtain a competitive edge, sustain themselves in the market, and stay relevant to their customers. Digitization, digitalization, and digital transformation have reached almost all remote corners of the civilized world. Lean management has also reached almost all businesses in their operations. The basic principles of this management, delivering value to the customers, reducing waste to zero, and constantly improving the business, have proven fruitful. Let us discuss lean management and digital transformation and see how they complement each other in the digital era. ... Read More
Entrepreneurship is a way of life, not just a job. It is the process of creating something new and innovative and then turning it into a profitable business. An entrepreneur is someone who is willing to take risks and make bold decisions in order to turn their vision into a reality. They are the ones who are willing to go above and beyond what is expected of them in order to bring something new to the table. In today's competitive business environment, entrepreneurs are in high demand. They bring new ideas to the table, can quickly identify opportunities and capitalize ... Read More
Distributed leadership is an approach to management and decision-making that involves sharing leadership responsibilities between a group of individuals. This approach is based on the belief that no single leader can have all the answers and that collective decision-making is more effective. It is also based on the idea that no single leader can be expected to have the necessary skills and knowledge to be able to lead a team in all areas. Distributed leadership fosters an environment of collaboration and shared responsibility, which can lead to improved performance. What is Distributed Leadership? Distributed leadership is a concept that ... Read More