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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.

IPA is Democratizing Healthcare

How IPA is Democratizing Healthcare Access During the Infamous Second Wave of Covid-19

The COVID pandemic has affected millions of people across the world, leading to the onset of one of the greatest economic setbacks of all time with business in all fields and sectors affected significantly. Science and technology have emerged heroes in these dire circumstances with advancements in health care and Information technology coming to our aid, allowing our sustenance and functioning. Intelligent Process Automation is one such advancement that has changed the course of work processes in various industries especially Healthcare, reducing the burden of the workload on us. Here are a few insights on how Intelligent Process Automations is democratizing Health care access during the second wave of COVID – 19.

Introduction

Intelligent Process Automation is a convergence of automation capabilities involving the application of AI related technologies such as Machine learning, Cognitive automation etc. to Robotic Process Automation resulting in the dramatic elevation of business value for your clients. It empowers companies and organizations to improve their overall efficiency in input management and enhances customer experience and satisfaction. IPA has played a great role in simplifying work processes in the fields of Insurance and Finance and its biggest contribution is to the field of Healthcare during the COVID pandemic. The field of automation is growing rapidly with a predicted growth from $250 million in 2016 to $2.9 billion in 2021, showing the enormous growth and reception to its various applications.

Applications of Intelligent Process Automation in Healthcare

IPA has found a variety of applications in the field of healthcare and has become a very popular solution with great reception to it. It has provided greater freedom and flexibility for the technical teams in healthcare as it assumes most roles in patient scheduling, document management etc. allowing healthcare professionals to focus on the work at hand – Saving lives. Documentation is an essential and mandatory part of all healthcare procedures and IPA assumes complete responsibility for it, simplifying the processes and patient interactions. Here are a few applications of IPA in healthcare

Patient Scheduling:

IPA handles patient interactions through chatbots and interactive tools allowing it to comprehend patient needs accurately and triage patients before the treatment procedures. Patients can clear out any queries regarding the procedures with the chatbots and consult regarding any other issues with professionals using the same. The use of IPA eliminates all kinds of bias in-patient admissions and appointment scheduling ensuring equal chances for everyone based on their symptoms and medical requirements. Multi-speciality hospitals with different departments and hundreds of patients everyday will definitely find IPA significantly simplifying patient interactions and improving customer experience. It also helps in easier documentation of data for reference and research purposes. 

Insurance and Finance Management:

IPA can also assist patients and healthcare facilities with insurance and finance management. The rising costs of healthcare facilities increase patient dependency on insurance policies and the proper documentation of patient information enabled by IPA ensures patients insurance requests are processed at an earlier time frame. IPA can be used to work through the repetitive tasks involved in insurance claims and validate the claims, allowing professionals to process the claims at a faster rate.

Supply Regulation:

IPA helps hospitals keep a tab on medical supplies available in hospitals allowing centres to procure essential equipment with adequate time in hand. Records of important commodities such as vaccines and Oxygen cylinders can be maintained efficiently using IPA, ensuring proper distribution of the commodities to patients who need them. 

It is of great assistance during times like COVID when there are a huge number of patients at hand and even distribution of all the commodities is required. 

IPA also Regulatory Compliance: ensures hospitals and officials are compliant of all rules and regulations as per the Government medical boards. It helps record and process all information efficiently keeping data organized for audits and inspections.

Role of Digital Partners in IPA

IPA can transform your work processes in healthcare facilities, allowing you to process an increased number of patients in a shorter period. Digital companies can be of great assistance in guiding you to set up the IPA platforms at your offices. Companies like Futran Solutions with their unique talent ecosystems and extensive experience in setting up IPA across various fields such as Finance, Insurance, Healthcare, Banking etc. have helped many companies and organizations transform their work regimes to high efficiency systems. The sound technical support and experience offered by such competent digital partners can create a vast difference in your experience with IPA and help smoothed the learning curve associated with them.

Conclusion

Change is the only constant thing in our ever-changing environment and the pandemic too shall pass. We need to adapt to modern advancements in our fields to stay at pace with our increasing demands and keeping ourselves technologically updated is the only way to do it. Update your work processes and provide patients the best they deserve with IPA assisting you every step of the processes and companies like Futran solutions by your side throughout your journey.

 

Automation in Recruitment Sector

Automation in HR/Recruitment Sector

The COVID pandemic has greatly affected the business world, crashing down economies with people getting laid off left and right by companies. We are slowly recovering from its devastating impacts. Getting back to our routines with companies opening back up and employees returning to their workspace. There has been a growing trend of automation-assisted recruitment by HR departments to simplify the process and bring back employee strength and performance to pre-COVID levels. Here are a few insights on how automation can influence recruitment

Introduction 

Automation has been an essential part of our work process since its inception and has diverse applications in various steps of our work. It has helped simplify work by handling repetitive, mundane work allowing employees to focus on more critical tasks that require dedicated focus and time, thus improving the overall performance and results of the company. HR is no exception to the growing applications of automation and has discovered great effectiveness in the incorporation of automation in HR. 45% of company representatives and HR leaders feel that automation makes their job processes better helping them save time. Polls suggest that HR employees spend nearly 14 hours per week on routine work that can be automated to save their time signifying how automation can simplify the recruitment of new employees. 

 

Applications of Automation in Recruitment

Robotic process automation involves the use of chatbots and digital software to communicate with new applicants and analyze various parameters required for recruitment of suitable candidates such as communication skills, personality assessment, etc providing HR and management with a holistic picture of their abilities. Polls suggest that only 26% of companies think HR utilizes data analytics efficiently and 61% of companies are modifying their jobs and recruitment tactics to better employ AI and automation in their work processes. Here are a few applications of automation in recruitment:

 

  • Sourcing of Candidates

    There are millions of candidates applying for job opportunities for different positions at companies and enterprises making it a humongous task for HR teams to go through their applications and assess them efficiently. Automated software helps weed out applications by intelligently weeding out unsuitable candidates and retaining only appropriate candidates for the interview process. Intelligent coding and properly planned out criteria establishment helps companies identify ideal candidates using techniques such as keyword tracking, applicant experience evaluation, etc. 

 

  • Communication

    Proper communication with applicants is essential to maintain company credentials and reliability to new applicants. Polls suggest 95% of the applicants would apply for a company again if they had a positive experience the first time and 80% of the applicants would not apply at a company again if they didn’t receive any form of communication from them. Applicants also report their bad experiences with such companies at social media platforms like Glassdoor affecting the overall reputation of the company. It is impossible for HR teams to directly engage with every applicant and that is where automation comes in to save the day, with efficient chatbots conversing with the clients and responding to them using bulk email systems. Proper analysis of their applicants is done using the software systems and appropriate feedback is generated by the systems to provide them suitable feedback about their application. Potential employees suggest that 69% of potential applicants prefer a reduced time of response from the companies.  

 

  • Enhanced Marketing Strategy

    Automation can help you plan out the email and social media campaigns meticulously with the software handling the major bulk of implementation of the strategy. Drip emails to active and passive candidates create a higher level of engagement with potential employees and improve correspondence with them. They help improve the reach of information and campaigns to people contributing to building robust talent pipelines and improving a company’s reputation. 

 

  • Interview Scheduling

    Automation also can assist HR teams in scheduling interviews with clients online easily after selecting suitable candidates from the initial pool of applicants. They interact with applicants and provide real-time access to the calendar of HR teams allowing them to select appropriate slots for their interviews making it easy for both parties. Chatbots can also answer frequently asked questions from applicants while leveraging computational linguistics and sentiment analysis to interpret communication and provide suitable responses. Companies with strong on-boarding processes after interviews increase employee retention by 82%.

 

How to Efficiently Tap in Automation Resources

Automation has a wide range of features to offer and as with all good things available; they come at a high price. HR teams should analyze and understand their requirements properly to employ automation efficiently in a cost-efficient manner. They need to train their teams to get them familiarized with the end-to-end automation of their recruitment processes. It helps them identify any inconsistencies in their software at the earliest to correct them as soon as possible. 

 

Compliance risks should be analyzed before initiating recruit processes to protect the company from potential risks and recruitment strategy should be discussed with stakeholders and partners thoroughly to ensure transparency in work processes.

 

Conclusion

Hiring suitable employees in companies is a tedious process with great responsibility ingrained in it. Companies need to recruit the right applicants for their job openings and retain them in their companies as it would cost them nearly 33% of their employee’s salaries in hiring a new one to replace their positions. Automated recruitment processes help build a diverse and robust network of talented employees improving the office culture and work environment. Understand automation processes and customize them to best suit your requirements to better enable your HR teams to empower your entire company.

 

Futran Solutions appoints Anil Vazirani as its CEO

Futran Solutions, Inc. announced today that Anil Vazirani has been appointed the new CEO of the company. An experienced industry leader with a solid sales track record of 30 years, Anil brings to the fore new relationships and business partnerships.

Anil has IT industry experience across the Americas, Europe, and India. Prior to joining Futran Solutions, Anil had a 23-year long career at LTI where he was the Chief Business Officer for the Insurance and Healthcare verticals.

“In this post-pandemic situation, we at Futran believe that Mr. Vazirani has the right arsenal to take Futran to the next cycle of growth and add in new capabilities while bolstering the existing strengths of the team,” Krishna Vemuri, Chairman of Futran group of companies said.

“Apart from Futran Solutions core IT Services business, Mr. Vazirani will also take up the responsibilities of being the CEO of Futran-funded tech start-up, EZJobs®, Inc, a digital marketplace for blue and grey collar job seekers,” Krishna added.

Anil Vazirani said: “I am thrilled to join Futran Solutions and to be a part of such a talented and dedicated team. I look forward to working closely with Krishna, senior leadership, and the hugely talented employees of Futran to achieve multifold growth.”

Anil Vazirani has a B.Tech from the University of Bombay besides a management degree from Narsee Monjee Institute of Management Studies, Mumbai.

Futran Solutions Recognized as a Top Artificial Intelligence Company on Clutch!

In today’s online world, artificial intelligence is becoming a critical part of any online platform.  AI services help improve communication with clients which makes a business seem more legitimate.  At Futran Solutions, we are so excited to announce our high ranking on Clutch as one of the leading artificial intelligence companies in New York!

Clutch is an established B2B reviews platform that helps firms across the globe connect with other B2B service providers that they need in order to improve efficiency and increase productivity.  This platform is also helpful to prospective clients since there are verified reviews of present and past clients on how well the company delivered the project at hand on a company’s Clutch profile.  One of our favorite reviews is posted below:

In addition to our feature on Clutch, we were also mentioned on their sister-site, The Manifest.  This platform differs from Clutch by posting business news and statistical reports conducted by Clutch analysts on specific industries which then helps rank the companies against their competitors.  We are so excited to be listed in the top 100 AI companies on The Manifest! Clutch just launched a new site, Visual Objects, where developers can show off their portfolio to prospective clients and other business competitors, and we are also featured on there, as well. Our CEO, Jyoti Vazirani shared,

 “This honestly means a lot to us. We’ve been actively working in the development and marketing arenas for a while now. And to be recognized as a 2019 New York Leader by Clutch.co is a very special feeling. Both the team and management at Futran Solutions are elated with this achievement. It will motivate us to go above and beyond with our deliverables in the future. Futran founders thank Clutch from the bottom of our hearts and appreciate the team at Clutch for recognizing our efforts.”

McKinsey published an article stating how the future of AI is growing to solving business, which is why every business needs to have knowledge in it. At Futran Solutions, we could not agree more that statement and are encouraging businesses to learn early before competitors do.

We are so excited to be working with Clutch as they are a transparent company that delivers great reviews on businesses and industries.

Automation 2020: 9 Key Trends To Watch Out For

Automation 2020: 9 Key Trends To Watch Out For

Automation is not a new phenomenon. It comes with its own baggage of promises of development, prosperity and what not. In today’s world, robots do most of the physical work and that too, at a cheaper rate than humans. But it is also capable of cognitive functions like sensing emotions or even driving. But how quickly would this automation become reality? It is important to know these automation key trends to predict future development.

Automation of activities has enabled growth both at an individual level and at the business level. Will these impact on the employment and global economy?

Here are some of the automation key trends to watch out for in the IT domain in 2020.

Automation of technology to replace humans

The technology used for automation of tasks that once required humans is known as Hyperautomation.

The application of machine learning and artificial intelligence is increasing to automate processes. A range of tools can also be automated in Hyperautomation. It can be also referred to as sophisticated automation.

The main goal of Hyperautomation is to increase AI-driven decision making. This can be achieved by including robotic process automation(RPA) and intelligent business management software (iBMS). While it’s not the main goal, but Hyperautomation often results in the creation of a digital twin of an organization (DTO). This is one of the important automation key trend of all.

Focus on immersive experience.

Technologies like AR (Augmented Reality) and VR(Virtual Reality) come under immersive experience. This is also known as Multiexperience. 

It is far apart from the traditional method of single point interaction. It covers multisensory and multi-touchpoint interfaces like computer sensors. 

For example, Dominos pizza added a smart speaker communication and pizza tracking feature to their app.

Easy access to technical and business expertise

The focus is to gain easy access to technical and business expertise without any extra cost or training. This is often known as Democratization. It is mainly based on application development.

Some of its key factors are data, analytics, and citizen access. Citizen access is also known as design and knowledge. This has also led to an increase in the number of data scientists, programmers and more.

Democratization would enable developers to rather rely on AI-driven development to generate code or automate testing.

Physical human augmentation

Changing or enhancing physical capability is Human Augmentation. A physical capability can be changed or enhanced by implanting or hosting a technology within or on the human body. This is used to enhance a human’s cognitive or physical experiences. 

Human augmentation mainly falls into 4 categories: Sensory augmentation, appendage and biological function augmentation, brain augmentation and genetic augmentation.

Cognitive augmentation enhances the ability of the human body to function, think and make better decisions.

Traceability and Transparency

Ethics, integrity, openness, accountability, and consistency are the five key elements this trend requires. As the evolving technology increases development and prosperity, it also creates a trust crisis.

Most of the times AI and ML are used to make a decision in place of humans. This evolves trust crisis. Such a condition drives the need for ideas like explainable AI and AI governance.

Edge Computing

Edge Computing is a technology where sources of information are placed closer to information processing and content collection. This reduces the latency by keeping traffic local and distributed.

This includes IoT. IoT stands for Internet of Things. Moving the key application and services closer to people and the devices is known as Empowered edge .

Provide Distributed cloud

The goal is to provide cloud facilities to users from outside the physical data centers. No matter if these cloud facilities are from outside the data centers, they would still be controlled by the cloud provider.

All the aspects of cloud service is the responsibility of the cloud provider. Owing to this, cloud centers can be located at different locations. This not only reduces latency but also solve stubborn technical issues.

Semiautonomous to fully autonomous things

The exploitation of AI to perform tasks usually done by humans is performed by Autonomous things. The Spectrum of intelligence ranges from semi-autonomous to fully autonomous things. It includes a variety of environments such as air, sea, and land.

Autonomous things include drones, ships, robots, and other appliances. These things are also used in collaborative swarms. For example, drones can be used in the Olympic games.

Security

Evolving technologies like autonomous things and Hyperautomation, lead to economic development. It also offers transformational opportunities in the business world. However, it leaves security vulnerable.

AI security could be vulnerable and could be a potential point of attack. Security teams must address these challenges and be aware of how AI will impact the security space.

Creativity and strategy are still human skills even though the world is getting automated rapidly. Bots can automate a multitude of designs and admin tasks but cannot automate creative thinking. It’s simply a matter of identification as in which things are done manually and which things need your input and imagination