Calculate the ROI on Infrastructure Automation

Programmable infrastructure and a world where you can take your data with you wherever is the future.

A new era has arrived, one in which software development practices are being applied to physical objects such as roads or bridges for greater efficiency; this idea of transparent skies could very well become a reality soon!

You can’t put a price on efficiency. The return on investment (ROI) of infrastructure automation is essential to consider before you start implementing changes that could be expensive and time-consuming.

How is Automation Valued?

The process of automating a long, manual task can be very beneficial. If you run it frequently enough and with the right system, your savings will grow exponentially as time goes on!

Regarding infrastructure automation, one of the first questions businesses ask is, “What’s the ROI?” In other words, what are the tangible benefits of automating tasks such as provisioning, configuration management, and deployments? And more importantly, how can we quantify those benefits?

In this blog post, we’ll walk you through a simple process for calculating the ROI of infrastructure automation. By the end, you’ll have a clear understanding of the financial benefits of automation and be able to make a strong case for why your business should invest in it.

The Advantages of Infrastructure Automation

Infrastructure automation is the process of automating IT infrastructure configuration, provisioning, and management. It can help organisations to manage their infrastructure more efficiently, improve service quality, and reduce operational costs. In this blog post, we will explore some of the main advantages of infrastructure automation. 

  • Improved Efficiency and Productivity

Infrastructure automation can improve efficiency and productivity. By automating configuration, provisioning, and management tasks, organisations can free up time for other activities, such as developing new features or products and providing customer support. These tasks can reduce errors and improve accuracy.

  • Improved Service Quality

Another advantage of infrastructure automation is that it can improve service quality. By automating tasks such as monitoring and maintenance, organisations can ensure their infrastructure is always running smoothly and efficiently. Additionally, automating these tasks can help identify problems early before they cause significant disruptions. Organisations can provide better service to customers.

  • Reduced Operational Costs

Finally, another advantage of infrastructure automation is that it can help to reduce operational costs. This is because automating tasks such as provisioning and management can help to reduce the need for manual intervention. Additionally, automating these tasks can help improve efficiency and productivity, which can lead to reduced labour costs. In addition, automating these tasks can also lead to reduced energy consumption and waste generation. As a result, organisations can save money on their operating costs. 

There are many advantages of infrastructure automation. Automating tasks such as configuration, provisioning, and management can help to improve efficiency and productivity, improve service quality, and reduce operational costs. If you are considering implementing infrastructure automation in your organisation, carefully weigh all of these factors to make the best decision for your business.

Calculating the ROI of Infrastructure Automation

Now that we’ve looked at some of the benefits of infrastructure automation let’s talk about how you can calculate its ROI. To do this, we’ll use a simple formula:

 (Total savings from automation – Cost of automation) / Cost of automation = ROI%

For example, you spend $5,000 per month on labour to manually provision and manage your servers. You estimate that by investing in an automated system, you could reduce that cost by 50%. The cost of the computerised system itself is $10,000 upfront plus $500 per month in maintenance costs. Using our formula, we get: 

 ($5,000 * 0.5 – $10,000 – $500) / ($10,000 + $500) = -9%

This means that over two years—the amount of time it would take to fully recoup your upfront investment—you would see a negative return on your investment (ROI). In other words, investing in automation wouldn’t make financial sense for your business now.

Conclusion:

As you can see from our example above, calculating the ROI of infrastructure automation is relatively simple. However, it’s important to note that other factors besides financial ones should be considered when deciding whether or not to automate your infrastructure. These include the size and complexity of your infrastructure, your company’s culture, and your willingness to embrace change. That said, we hope this blog post has given you a better understanding of how to calculate the ROI of infrastructure automation and why it’s such an important consideration for businesses today. Thanks for reading!

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Redefining Business Process Outsourcing through Business Process Automation

The business process outsourcing (BPO) industry is worth an estimated $190 billion. But what is BPO, and how has it evolved? In this blog post, we’ll explore the history of BPO and how business process automation (BPA) is redefining the industry.

Business Process Outsourcing: An Introduction

Business process outsourcing (BPO) has been a popular cost-cutting measure for businesses for many years. The concept is simple enough: rather than having an in-house team handle a specific process or task, you outsource it to a third-party provider. This often results in significant cost savings, as BPO providers can leverage economies of scale to deliver services at a lower cost than most businesses could achieve on their own.

However, new development is beginning to change the BPO landscape: business process automation (BPA). BPA involves using technology to automate tasks previously performed by human workers. This includes data entry, customer service, and even complex financial processes.

The History of Business Process Outsourcing

BPO had its roots in the late 1800s when American companies began outsourcing manual labour to countries with lower wages, such as China and India. This practice continued into the 20th century with the rise of telephone operators and data entry clerks. However, it wasn’t until the 1990s that BPO began to take off. 

This was primarily due to technological advances that allowed communication and collaboration across vast distances. Suddenly, businesses could outsource not just manual labour but also knowledge work to countries with lower living costs. This led to the rise of call centres and other forms of customer service outsourcing.

In recent years, there has been a shift away from traditional BPO models. This is due to several factors, including the increasing cost of labour in countries like China and India, as well as the advent of new technologies that make it possible to automate many business processes.

Benefits of BPA 

There are several benefits that businesses can reap from implementing BPA: 

  • Cost savings: One of the primary benefits of BPA is that it can help businesses save money. Companies can reduce their labour costs by automating tasks that human workers previously performed. In some cases, BPA can also help enterprises improve their efficiency and reduce other costs, such as errors and rework.
  • Improved quality: Another benefit of BPA is that it can help improve the quality of work. BPA is designed to follow pre-determined rules and procedures. This contrasts with human workers, who may make mistakes or take shortcuts that result in lower-quality work.
  • Increased capacity: A final benefit of BPA is that it can help businesses increase their capacity without incurring additional costs. This is because BPAs can work faster and for longer hours than human workers. In some cases, this increased capacity can help businesses meet spikes in demand or complete time-sensitive tasks more quickly. 

Implementing BPA

If you’re interested in implementing BPA within your business, there are a few things you’ll need to do:

  1. Determine which processes you want to automate: The first step is to evaluate your business processes and determine which ones would be candidates for automation. To do this, you’ll need to consider factors such as the complexity of the process, the frequency with which it needs to be performed, and the availability of data and applications required to support it.
  2. Identify the right tools: Once you’ve identified which processes you want to automate, you’ll need to select the right tools. There are many different types of BPAs available on the market today, so you’ll need to evaluate your needs and choose the tool best suited for your specific requirements.
  3. Define success criteria: Before beginning any automation project, it’s essential to define what success looks like. This will help you select an appropriate tool and set realistic expectations for the project’s outcomes.
  4. Implement and test: Once you’ve chosen an agency and defined success criteria, you’re ready to implement your BPA solution. Be sure to test it thoroughly before rolling it out into production to address any potential issues before they cause problems for your business operations.

Business Process Automation: The Future of BPO?

Business process automation (BPA) is the use of technology to automate repetitive, low-value tasks typically performed by human workers. BPA can be used to automate a wide variety of business processes, including data entry, invoice processing, and lead generation.

One of the critical benefits of BPA is that it can help businesses reduce their dependence on human labour. This is especially important in today’s economy, where many companies struggle to find enough qualified workers to fill open positions. By automating low-value tasks, companies can free their employees to focus on more strategic initiatives.

BPA is also more efficient and accurate than human workers, and machines can work 24 hours a day, 365 days a year, without getting tired or making mistakes. This increased efficiency can help businesses save money and increase profits.

Conclusion:

The business process outsourcing industry is evolving thanks to advances in technology rapidly. Business process automation is redefining what is possible in terms of outsourcing and helping businesses save money and increase efficiency in the process. In the future, we can only expect BPA to become more prevalent as companies continue to search for ways to cut costs and improve performance.

How to Embed Tableau or Power BI Dashboards into Web Pages without Using an Iframe

Iframe: An Introduction

Iframes are an HTML element that allows you to embed one HTML document inside another. While they are commonly used to embed videos or maps on websites, they can also be used to embed dashboards created in Tableau or Power BI. However, iframes can cause problems with security and website loading times, which is why some developers prefer to avoid using them. So, how can you embed a Tableau or Power BI dashboard on a webpage without using an iframe? Keep reading to find out.

Ways to Embed iFrame to your Web Pages

Many web developers shy away from using iframes because they can be difficult to work with. However, iframes are often the only way to embed Tableau or Power BI dashboards into web pages. If you’re looking for a way to embed your dashboards without using an iframe, read on!

Let us walk you through 3 methods for embedding Tableau or Power BI dashboards into web pages. These methods are:

1. Use Tableau’s or Power BI’s JavaScript API

2. Use a third-party service like Publitas

3. Use an open-source solution like Koalas

We’ll also provide a brief overview of each method so that you can decide which one is right for you. 

Method 1: Use Tableau’s or Power BI’s JavaScript API

  • If you’re aTableau or Power BI user, then you’re in luck! Both platforms offer a JavaScript API that allows you to embed your dashboards into web pages without using an iframe. 

The biggest advantage of using the JavaScript API is that it gives you full control over how your dashboard is rendered on the page. For example, you can choose to display the dashboard as a lightbox pop-up or inline within the page. You can also specify the size and position of the dashboard on the page. 

Another advantage of using the JavaScript API is that it’s relatively simple to set up and use. However, one downside is that it requires some knowledge of HTML and CSS in order to properly configure it. 

Method 2: Use a Third-Party Service like Publitas 

  • If you’re not a web developer and don’t have any knowledge of HTML or CSS, then using a third-party service like Publitas is probably your best bet. Publitas offers an easy-to-use platform that allows you to embed your Tableau or Power BI dashboards into web pages with just a few clicks. 

The biggest advantage of using Publitas is that it’s very user-friendly and doesn’t require any knowledge of HTML or CSS. Another advantage is that Publitas offers a wide range of customization options so that you can control how your dashboard looks on the page. 

However, there are some downsides to using Publitas. First off, it’s a paid service, so you’ll need to sign up for one of their subscription plans in order to use it. Additionally, because Publitas is a third-party service, there’s always the potential for compatibility issues between their platform and your dashboard software (e.g., Tableau or Power BI). 

Method 3: Use an Open-Source Solution like Koalas

  • Koalas is an open-source solution that allows you to embed Tableau or Power BI dashboards into web pages without using an iframe. The advantage of using Koalas is that it’s free to use and doesn’t require any knowledge of HTML or CSS. Additionally, Koalas offers a wide range of customization options so that you can control how your dashboard looks on the page. 

There are some downsides to using Koalas, however. First off, because it’s an open-source solution, there’s always the potential for compatibility issues between Koalas and your dashboard software (e.g., Tableau or Power BI). Additionally, Koalas doesn’t offer as many features as Publitas (e .g . , lightbox pop – ups), so keep that in mind when deciding which solution is right for you. 

Choosing the right method for embedding your Tableau or Power BI dashboard into a web page depends on several factors, including your level of technical expertise, budget, and desired features. We hope this blog post has helped you better understand your options so that you can make an informed decision about which method is right for you.

Conclusion: 

Iframes are commonly used to embed dashboards created in Tableau or Power BI onto websites. However, they can cause problems with security and website loading times. As such, some developers prefer to avoid using them altogether. Luckily, there are two methods that you can use to embed a Tableau or Power BI dashboard on a webpage without using an iframe. So, whether you’re a developer who wants more control over the code or someone who just wants an easy solution, there’s a method here for you.

Futran Solutions is proud to announce Service Partnership with AWS

Futran Solutions has joined AWS as a Service Partner and will be focusing on its ‘Fit and Shift’ offering that is designed to maximize the value from AWS by leveraging native services.

In News: 

Futran Solutions is a Digital Technology organization focused mainly on Cloud Services, Data Analytics, Automation and New Age App Development has announced a strategic collaboration with Amazon Web Services, Inc. (AWS). 

Futran Solutions will be focusing on its ‘Fit and Shift’ offering that is designed to maximize the value from AWS by leveraging native services. Our approach lets you leverage the new capabilities that Cloud offers while preserving the value of your legacy investments. It includes selectively replacing components of your current application by ‘cloud managed’ components. 

The collaboration will enable deployment by making simulation workloads more user-friendly while offering scalability and flexibility with easy access to software and storage solutions from anywhere with a web browser. By leveraging connected ecosystem applications in a cloud environment, customers will reduce time to market, reduce costs, and innovate faster. 

By delivering deep visibility into AWS-hosted, on-premises and hybrid environments during every phase of a cloud migration, Futran Solutions helps leading organizations achieve their digital transformation goals with confidence. 

Futran Solutions gives AWS customers a unique blend of cloud software and services to support their business plans in addition to the Migrate, Run and Evolve services to help customers with their end-to-end AWS experience.

EZJobs announces unique employment support architecture for ITServe CSR initiatives

Edison (New Jersey) [USA], July 2 (ANI/PNN): ITServe Alliance has announced a partnership with EZJobs to help community members hire talent in the post-Covid employment ecosystem.

All community members can benefit from EZJobs for free as it is being offered as a part of ITServe’s CSR initiative.

ITServe Alliance is the largest association of IT business owners in the USA.

The Covid-19 pandemic, especially in its second wave, has wreaked havoc in many countries of the world, India in particular. The kind of disruption and utter chaos this has caused for numerous families is well-documented yet insurmountable.
News reports of one of the parents losing their jobs, putting the great burden of keeping the house fire burning on the partner have been particularly troubling.
Raghu Chittimalla, National President of ITServe Alliance mentioned that at this time of need ITServe Alliance has donated 20 ventilators and 200 units of oxygen concentrators.
Goutham Goli, National CSR director added that ITServe continues to support the needy during this pandemic by offering employment to candidates who have lost their jobs or lost the singular breadwinner of the family because of Covid-19 through member companies who have their offshore offices in India.
More than 18 months into the pandemic, the most deafening silence comes from job losers, who might have even lost their aptitude for an ongoing job hunt even as they suffer other devastations of the pandemic.
Amid all of this, the ITServe leadership has decided to contribute and give back to the community in partnership with the digital recruitment platform, EZJobs, where candidates can post their resumes and connect directly with IT business owners.
Speaking about the collaboration, Jyoti Vazirani, co-founder of EZJobs and PR Director of ITServe, laid out how this works for job seekers: “The job seekers can post their resumes by clicking the link where they will be connected with the member companies.”
“From there, member companies of ITServe will be able to view the profiles of these candidates and invite them for employment – part-time and full-time opportunities,” Jyoti added.
The EZJobs candidate portal for ITServe community members is open and actively functional at the time of release.

About Futran Solutions

Futran Solutions is a Digital Technology organization focused on Data Analytics, Cloud, Automation, and New Age App Development.
This article was originally published On Business Standard.

Revolutionize Your Workplace With These 13 Simple Steps

Revolutionize Your Workplace With These 13 Simple Steps

We live in a constantly evolving world, searching for new ways to motivate ourselves to achieve more and improve the quality of our lives. It is ideal to find the right balance between work and personal lives to grow on both fronts and a well-designed, motivating workplace that makes employees feel at home, with a brisk environment and good interpersonal relationships plays a significant role in doing so. Your workplace is the cradle for all new ideas, innovations and creative inputs that can usher your work processes and overall productivity to its zenith and it is essential to pay attention to developing a congenial atmosphere for your teams to work. Here are a few simple ways by which you can revolutionize workplaces to further your success.

Interaction and Reiteration

Companies and enterprises often experience periods of a lull in between periods of continuous activity and intense work. It is necessary to maintain the morale of your teams during these lull periods and ensure they stay focused. Address your employees regularly and motivate them to work proactively by reiterating your objectives and goals to keep everyone on track and efficient. Customize your workplaces to design an open environment that motivates interaction among colleagues and superiors to ensure no gaps in communication or tension between them.  

Recreation Zones

Develop strong habits and activities that engage all your employees and organize stress-busting activities regularly to keep them relaxed and rested to focus better. Companies have shifted from conventional office spaces to employee-friendly spaces that have improved employee perception, reducing workspace related anxiety and stress. Office spaces with recreational zones like gaming zones, music areas etc. allow the employees to lay back after stressful assignments and take fun breaks in between their tasks. It also improves the morale of your teams and develops a sense of bonding and camaraderie between your teams. 

Acknowledge Performance

A healthy competitive spirit can go a long way in improving the performance of your employees and push them towards enhancing their efficiency. Recognize good performance from your employees and credit them for it to encourage their involvement and dedication. Many office spaces have various small rewards for their employees like the best employee award, Go that extra mile award, customer-friendly employee award etc. These awards are small incentives that help employees and superiors track their performances, helping them identify their shortcomings and working on improving them. 

Efficient Onboarding

The first impression is the best impression and it is essential to create an exciting experience for your employees as they join your team. Fresh employees are highly optimistic about joining new job positions and look forward to developing a good rapport with their colleagues and your workplace should be welcoming to them, allowing them to acclimatize better. Dedicate time and efforts to ingrain the values and objectives of your company and emphasize the value of their role in the enterprise. 

Career Growth and Professional Development

Focus on the holistic improvement of your employees and motivate them to chart out career plans for their growth. Most employees lack proper guidance and direction in ways to improve their careers and require intelligent mentorship by experienced professionals who can analyze their areas of strength and weaknesses. Your workplace should continuously evolve to incorporate new advancements in software and technology, encouraging employees to explore and learn more about them, helping them stay updated. 

Employee Health Benefits and Ergonomics

The physical and mental health of the employees plays a significant role in developing a good work atmosphere. Develop a health-friendly office space with features like ergonomically designed desks, wellness rooms for stretching or meditation, plants, adequate ventilation, natural lighting etc. to keep your employees active and healthy. Well-designed chairs and desk spaces help prevent strain accumulation in the neck and joints, ensuring the long-term health and safety of employees.

Vibrance

Colourful work environments boost the happiness and creativity of your employees as they define different zones of your workplace. Futuristic work environments with vibrant colour and illumination with a modular outlook increases the longevity of workspace investments. Intuitive concepts with abstract colour designs like quiet zones, collaboration zones, privacy pods etc., help employees of different attitudes and mindsets find their areas of comfort.

Sense of Security

Employees need to feel safe and secure in their office spaces to work without anxiety and stress. Protective surveillance systems with smart CCTV cameras tracking the entry and exit of people into your office and storage spaces helps protect your employees and assets. The incorporation of advanced security systems in your workplaces reduces the costs and manpower requirements for security purposes in the long run, with extra perks like temperature tracking, license-plate tracking in parking lots, nighttime surveillance etc. 

Flexibility and Freedom

Hierarchy based workspaces with rigid timings are slowly getting replaced by modern systems with flexible schedules that provide flexibility and freedom to the employees. Eliminate micromanagement by allowing employees to take responsibility for their tasks and assignments to be submitted within the deadlines. It improves transparency and trust between colleagues and superiors, crediting the progress of work done by the employees based on their quality and punctuality. 

Conclusion

Well-designed workplaces play a significant role in improving the efficiency and performance of your employees. Follow these simple steps to achieve harmony in your workplace as you progress towards your goals and objectives.

10 Lesser-Known Factors That Could Affect Your Career Growth

We live in a goal-oriented world with every one of us running behind our ambitions frantically deeming our merit by whether or not we achieve the goals we set for ourselves. Advancements in the fields of science and technology have opened up various uncharted career paths for young aspirants to explore and grow. The Internet has brought the world to our palms, with unlimited access to information from all places across the world. Vast exposure to different fields and sectors allows us to make informed decisions regarding our career choices and how we can choose the optimal route to success and growth. Here are a few factors that could affect your career growth and help you grow immensely if you manage them right.

  • Reach Out to Opportunities – Digitization of companies and enterprises across the different fields and sectors has greatly improved the range of opportunities available for people interested in various job positions. The conventional approach of waiting for new opportunities to come up without looking out for them has been phased out with the onset of online platforms that help people reach out to companies from countries across the globe. 

  • Online Job Platforms – Look out for new job opportunities in your fields in popular online platforms to gain insights on the skill and expertise requirements required for these jobs. There are various communities and online platforms like Glassdoor which provide useful information regarding the work environment and nature of work in different companies as reported by employees who are working there or who have had an experience working there. They help make critical decisions that will significantly boost your career.


  • Develop Relevant Skills and Expertise – The world is a rapidly growing place and we need to constantly adapt to the new changes to keep in pace with it. New software and technological advancements revolutionize companies and enterprises in all fields and sectors and we must stay updated regarding these new advancements to stay ahead of our competition. Constant efforts to keep up with the latest advancements will reward you with wonderful opportunities to grow and expand.

  • Community Outreach – Valuable contacts and experience are two factors that set apart seasoned professionals from amateurs just entering the fields. While experience is an accumulating asset, we must develop good stable relationships with our colleagues and eminent personalities in our fields. It puts us in a position of great advantage as the web of contacts acquired by developing such relationships provides us great leverage when looking out for new opportunities by offering vital information and suggestions propelling our growth.

  • Interpersonal Skills – Creativity and good communication are important factors that can improve your career growth. Do not restrict your thought processes to conventional norms and protocols. Venture out to new horizons and communicate well with people of all age groups to gain a diverse perspective that is not constrained by preset norms and thought processes that are too stubborn to adapt to change. Good relationships built with all sectors of your companies and enterprises will provide you with a holistic knowledge of the work processes helping you make innovative changes that can boost the productivity and efficiency of your team, helping you grow your career.

  • Work-Life Balance – A peaceful and supporting home environment can help you progress your career greatly. Chaotic personal relationships and instability in lives negatively impacts your performance and efficiency and undermines your general quality of life. It is essential to find the ideal balance between the time spent on bolstering your career and nurturing personal relationships as they go hand in hand in improving your lives and getting you successful. 


  • Financial Security – Financial security plays a critical role in most of the decision-making processes involving the growth of your career. Shifting to new jobs or setting up new startups requires confidence and financial security as they are huge risks that could set you back in your career. Adequate financial support helps you mitigate the risks significantly allowing you to explore and implement your ideas freely without being restrained by caution and worries.

  • Mental and Physical Health – This is the most important factor that most of us tend to ignore and take for granted, with a great impact on our growth and development. Adequate time must be devoted to physical exercise to stay healthy and sharp, helping you stay focused on the task at hand. Mental acuity and the ability to adapt to changing surroundings is vital to stay relevant in different fields and sectors and good mental health help us achieve the same. 

 

Conclusion

We live in a highly competitive world with new companies and enterprises getting set up in different fields and sectors fighting for dominance and profits. Adaptability and the continuous desire to learn new things to stay ahead of the curve is what will help you progress and achieve your desired goals and desires. You must handle these factors suitably to allow the smooth and constant progression of your career.

Digital Transformation and the Cloud: What Lies Beyond Cost and Productivity?

Cloud computing has revolutionized the field of information technology for companies and organizations across different fields and sectors. It has attracted companies globally to initiate their digital transformation and discover the power of connectivity and cloud computing. Companies adapt to cloud computing and enjoy the various benefits offered by the resource as it provides them mobility and access like never before with decentralized storage systems with high security. Work from home and easy collaboration between employees have been made possible with seamless sharing of documents and data using cloud computing. Here are a few insights on the future of digital transformation and cloud computing and what lies in it for us.

Cloud Computing and Digital Transformation

 

Cloud computing has been a ray of hope for small and large businesses alike as it helps them handle huge loads of information and data without having to invest on physical data storage. It allows organizations to cut down on the workforce required to manage and store data allowing them to effectively redistribute their human resources to other areas of improvement. 

 

Digital transformation has become a necessary requisite for companies and organizations to sustain their growth and performance in the global markets. AI and machine learning have helped simplify work processes and boost their potential to handle more clients and provide services. Cloud computing has been the starting point for most companies as they expanded their reach to the digital world. 

Future Beyond Cloud Computing and Digital Transformation

 

The field of Information Technology has been constantly growing and evolving with time to suit the changing requirements of companies. Cloud computing has been no exception with new features upgraded to the online storage platforms that have enhanced their overall functionality and ease of use. 

 

The incorporation of advancements in areas of Intelligent Process Automation, Data sciences and new age application development such as low-code and no-code platforms for application development have enhanced the functionality of cloud computing. Robotic Process Automation for cloud applications is a rapidly growing trend that has brought about the development of cloud native applications designed to capitalize on all the features of cloud computing. 

 

Repetitive tasks and assignments can be automated on cloud architecture utilizing the widespread access to data and documentation to handle them without expending human resources. RPA is easily implemented for cloud platforms and it is also feasible to integrate the legacy applications and cloud versions of the RPA.

 

IT companies often play a great role in guiding the digital transformation of companies and organizations, smoothening their learning curve and getting them accustomed to it. Futran Solutions, one of the leading providers of cloud-based solutions, has assisted in the digital transformation of a number of companies in various sectors such as banking, finance, healthcare, insurance etc. Advanced tools facilitating new age application development are incorporated in the software solutions offered by Futran Solutions empowering its clients to develop customized applications of their own. 

 

Benefits of Cloud computing & Its Advancements

 

Cloud computing and the advanced tools associated with them offer a wide range of features and benefits for the users. Here are a few insights about the advantages offered by cloud computing: 

 

  • Reduced Cost: The transformation from on-site storage of data and documentation to cloud based storage has drastically decreased expenditure for data storage and organization. Cloud computing facilitates hassle free storage and organization of data with universal access on internet connected devices.


  • Advanced Security: Cloud computing protects data stored in the platforms with highly secure gateways allowing clients to store and organize their data efficiently. Sensitive information of valuable clients can be confidently saved in the cloud platforms and multiple backups of data are stored in them preventing accidental loss of vital information due to any unforeseen circumstances.


  • Improved Productivity: Cloud computing with RPA significantly improves the productivity of companies and organizations by automating repetitive tasks allowing faster processing of data and better usage of human resources. It allows for companies to quickly adapt to the market changes and save time by improving communication and transparency between employees facilitating better collaboration. 

 

Conclusion

Cloud computing with its advancements has gained great traction amidst small scale and large-scale companies allowing them to boost their potential and performance. Assistance from IT companies like Futran Solutions can help organizations identify their key requirements and provide tailored solutions for them with the appropriate tools cutting down on costs and expenditure. Begin your digital transformation with cloud computing and explore the diverse tools present in cloud platforms that can help improve your work processes and facilitate wider reach for your enterprise. Adapt to cloud platforms and empower your organizations to better adapt to the market changes and solve any issues with your work processes as and when they arise.

 

 

5 Reasons To Choose No-Code Platforms For App Development In 2021

The growth of science and technology has propelled our transition to digital landscapes, keeping us on our toes as we struggle to keep ourselves updated on the latest advancements and innovations in different fields and sectors. Smartphones have transformed from luxury commodities to bare necessities to survive and function efficiently in a highly competitive environment. Mobile applications have simplified life for us, bringing the world within our grasp, providing us unfettered access to a wide variety of services and products. 

 

The growing demand for mobile applications has made it a lucrative area for growth and expansion and digital companies are investing to tap its potential. The development of No-code platforms for designing mobile applications has enabled companies around the world to work on developing mobile applications without having to employ professional coders who charge exorbitant prices for their services. 

 

Here are a few reasons that make No-code platforms the ideal medium for application development in 2021:

 

Fast Turnaround Time

No-code platforms improve the work efficiency of your design teams and allow them to deliver high-quality products within a reduced time frame, attracting new assignments and clients. The incorporation of no-code platforms provides users with a drag-and-drop model allowing them freely explore the software and design intelligent applications of high quality and standards. It allows for design teams to work with multiple projects at the same time without having to write every line of the code to make the application. 

 

Use of Internal Resources

The use of No-code platforms eliminates the need for hiring professional coders to work with your teams and design mobile applications. The advent of Rapid Mobile Application Development platforms has enabled companies and organizations across various fields and sectors such as Finance, Banking, Healthcare etc.  to design their applications without external assistance and develop customized applications for their use. The ease of use and freedom offered by the no-code platforms makes it preferable to collaborating with professional coders.

 

Adaptability and Ease of Use

The use of no-code platforms allows application designers to make modifications and changes with their applications without having to change much unlike coded platforms where even minor changes like the application will require many changes in the coding of the application. No-code platforms allow for streamlined application development processes and help clear backlogs, proving to be beneficial for companies in a state of constant flux and changes. Designers can make changes in the applications at different levels of the interfaces without having to worry about potential bugs in the application.

 

No-code platforms improve the scalability of financial institutions as they can use previous versions of the software to build on and improve the functionality of the software. The mobility offered by the application and access from different devices with internet connections proves highly beneficial for customers on travel. 

 

Cost-Effective

The use of No-code platforms reduces the time involved in the development of the applications and cuts down on the expenditure of time and resources for the same. Cloud-based software applications eliminate the need for servers and maintenance, allowing companies to gain access to the services without spending much for them. This allows companies to re-route their expenditure to other areas of requirement, improving the overall productivity and value of the company.

 

Lower Risk and High Return of Investments

Low risk and High Return of Investments (ROI) make no-code platforms the ideal solutions meeting the needs of growing companies and organizations. The reduced cost of owning the software ensures the return of investment within shorter periods. Any failure in the application will also not affect the company significantly as there are not many resources invested in making the application when compared to conventionally coded applications.

 

Various companies such as Futran Solutions offer stable no-code development platforms for companies to capitalize on and develop customized applications for their needs. Their client-centric, agile platform coupled with the robust API development wing make for a formidable combination that can help your design the best application for your company. Companies in the financial, banking, healthcare and life sciences sectors can begin their transition to no-code platforms under the able guidance of such efficient platforms assisting them through their digital journey. 

 

Conclusion

No-code platforms have been displayed a plethora of advantages over conventional platforms with the flexibility and freedom they offer, greatly boosting their demand. Companies are looking out for efficient partners to initiate the digital transition and get their employees trained and accustomed to no-code platforms for designing applications for their companies. No-code platforms do have a few inherent disadvantages but the huge number of advantages associated with them make them preferable to conventional systems. Get on board with Futran Solutions and explore the world of No-code platforms to design high-quality applications for your companies at optimal prices.

 

 

7 Ways Cloud Services Are Shaping Up the Future of the Finance Industry

IT and Communications have advanced greatly in the past few decades leading to massive revamps across companies and organizations in different fields and sectors and Finance is no exception. Growing past their initial reluctance to accept cloud networking and services in their work setups, financial institutions and banks have started incorporating various cloud-based tools and services into the arsenal of products to boost their efficiency and performance. Cloud services integrate banking services from different branches into a single integrated online platform simplifying banking for your clients and customers. Here are a few insights on how cloud services are shaping up the future of the finance industry.

Introduction

The banking sector is transforming rapidly over the past few years with huge advancements in the field of IT and communications. Digital banking has become a reality with most banking institutions and it is found to be as efficient or sometimes even more efficient than on-premise banking. The initial stigma associated with online banking has been overcome with the advent of highly secure platforms reducing the aggregated risks associated with them. Cloud services have opened up various new avenues of services for banking institutions to improve customer usage and interactions. Studies report that the finance cloud market size is estimated to grow up to 29.47 billion USD in 2021, with an estimated Compound annual growth rate of 24.4%. 

Ways Cloud Services are Improving Finance Industry

Cloud services have helped the finance industry progress significantly and improve customer relations. Digital banking has simplified work processes and helped banking institutions focus on other areas of improvements, helping them advance at a faster rate. Here are a few ways by which cloud services have improved the finance industry.

Integration of Services

Unite data and information from all branches providing clients with great access and mobility from smartphones and devices with access to the internet. The integration of the data on a dedicated platform allows easy management and organization of data with high-level security protecting sensitive information. This also proves to be of great assistance in the research and analytics sector with vast amounts of data for analysts to work with and obtain insights from. Integration of data also improves the collaboration of teams across different branches and enhances the overall efficiency of your teams in carrying out tasks without obstacles and a redundant waste of time.

Robust and Resilient Operations

The incorporation of cloud services in banking services contributes to enhancing the resiliency of operations and helps institutions bounce back from any setbacks or disruptions in their functioning. The storage of data in secure platforms allows institutions to replicate data and services and shift from one main data centre to multiple storage centres. The COVID pandemic has demonstrated the resiliency that can be offered by cloud computing services, allowing banking employees to work in isolation from their homes to access data integrated into the platforms.

Secure Data Storage

Cloud servers have evolved to become highly efficient storage platforms with enhanced security measure for their clients. Financial institutions have relied upon these platforms for ensuring control and compliance with various regulations. Installation of the platforms by experienced professionals and conducting stringent security checks frequently assure institutions and clients safety and security.

Innovative Schemes and Services

Cloud computing provides a wide plethora of opportunities for banking institutions to improve their services and cater for their clients better. Interesting offers and schemes can be facilitated to attract new customers and optimize operations. It allows for easy incorporation of new tools and services such as Machine Learning, Intelligent Process Automation, Internet of Things platforms, Augmented reality etc. enhancing their capabilities to increase revenue and operational efficiency. 

Freedom to Scale

Financial institutions empowered by cloud computing services have the freedom to scale higher and lower as suited for their requirements. They can assist companies and organizations to cope up quickly with market shifts and unforeseen issues offering stability. Flexible payment platforms for cloud computing allow institutions to optimize their computing capacity as suited and provide more control on expenditure.

Revenue and Growth Prediction

The advanced analytics facilitated by modern tools accompanying cloud computing help predict revenue growth and customer experience. Data from all institutions are gathered and assessed using powerful analytical tools to evaluate customer experience and expectations. It helps make necessary modifications in the different schemes and offers, offering them a seamless experience based on their requirements. 

Financial Institutions with Cloud Computing

Various financial institutions have grown immensely with the incorporation of cloud computing into their practices. Continuous growth and advancements in cloud computing have propelled institutions rapidly to boost their efficiency and performance substantially. 

  • A leading financial institution has been using cloud computing services to improve their analytical capabilities and process financial data better. They were looking for a scalable environment to better analyse data and found the solution to their requirements with advanced cloud computing software. The incorporation of cloud computing has enhanced their post-trade analysis capabilities and allowed them to better foresee the market changes and their performance.
  •  A reputed insurance agency started using cloud computing services to empower itself and develop a hybrid working environment. It has greatly benefited from the scalability offered by cloud computing and the low costs at which they are possible.

Conclusion

Financial institutions are in a constant state of change and transformation to keep up with the varying needs of customers. Companies like Futran Solutions offer interesting cloud computing solutions for financial institutions to better enhance their efficiency and optimize their work processes. The incorporation of cloud computing services will significantly improve the abilities of institutions and are a part of the digital banking future that customers will experience and enjoy with satisfaction.