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30 03, 2023

Top Artificial Intelligence (AI) Trends and Predictions for 2023

By |2023-10-17T16:51:33+05:30March 30, 2023|AI, Blogs, Technology|Comments Off on Top Artificial Intelligence (AI) Trends and Predictions for 2023

AI is Everywhere. In 2023, AI will become more authentic in organizations. The speed at which AI is being embraced across organizations will skyrocket.  2022 became the year of Generative AI. From automating basic tasks to creating something unique. Social media platforms like Reddit and Twitter are filled with images created by generative AI or machine learning models such as DALL-E 2 and Stable Diffusion. Startups building products on top of generative models are attracting funding despite a downturn in the market. Besides, Big Tech companies are integrating generative AI models into their mainstream products. The generative AI industry still has challenges to overcome, including copyright and ethical complications. For example, Microsoft is taking advantage of its cloud infrastructure, exclusive access to OpenAI's technology [...]

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30 03, 2023

What is DALL-E 2 from OpenAI?

By |2023-10-17T16:55:58+05:30March 30, 2023|AI, Blogs, Technology|Comments Off on What is DALL-E 2 from OpenAI?

DALL·E 2 is a new AI system that can create realistic images and art from a description in natural language that is set to disrupt the creative industry. According to Open AI - "DALL·E 2 can create original, realistic images and art from text descriptions. It can combine concepts, attributes, and styles. It can expand images beyond what is in the original canvas, creating expansive new compositions. In addition, DALL·E 2 can make realistic edits to existing pictures from a natural language caption. It can add and remove elements while considering shadows, reflections, and textures. In addition, it can take an image and create different variations of it inspired by the original. DALL·E 2 has learned the relationship between images [...]

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30 03, 2023

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

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)?

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 [...]

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30 03, 2023

What is India’s ONDC (Open Network for Digital Commerce)?

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)?

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 [...]

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30 03, 2023

Pandemic Prognosis

By |2023-10-17T17:05:38+05:30March 30, 2023|Blogs|Comments Off on Pandemic Prognosis

The ''Pandemic Brain,'' people who haven't had Covid-19 also suffer increased tiredness, impaired decision-making and a lack of focus due to the pandemic. The year 2020 marked the beginning of the end. The pandemic not only affected our health and claimed millions of lives. It also caused significant disruptions globally. Whether we will see global economic collapse, ecological devastation, nuclear armageddon, total corporate takeover, or the coming obsoletion of the human race in the next decade was not predicted by the supercomputers.  To summarise the article below, depression is a mental, emotional, and physical wreck that occurs after a heightened state of anxiety, which is disabling on its own. The physical and mental toll of being unable to control our [...]

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30 03, 2023

Digital Banks – Reimagining Trust

By |2023-10-17T17:06:45+05:30March 30, 2023|Blogs, Technology|Comments Off on 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 [...]

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30 03, 2023

The World is in a Self-Destructive Mode

By |2023-10-17T17:11:17+05:30March 30, 2023|Blogs, Mythistical Foundation|Comments Off on The World is in a Self-Destructive Mode

According to the United Nations' (UNs') flagship Global Assessment Report, the world could undo social and economic advances and face 1.5 disasters a day by 2030. Humanity's broken risk perception reverses global progress in a 'spiral of self-destruction, finds new UN report. Human activity and behaviour contribute to an ever-growing number of disasters worldwide, putting millions of lives and every social and economic gain in danger, warns the UN. The GAR2022 blames these disasters on a broken perception of risk based on "optimism, underestimation and invincibility," which leads to policy, finance and development decisions that exacerbate existing vulnerabilities and put people in danger. "The world needs to do more to incorporate disaster risk in how we live, build and invest, which [...]

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30 03, 2023

Why are People not returning to work?

By |2023-10-17T17:12:07+05:30March 30, 2023|Blogs, Empower|Comments Off on Why are People not returning to work?

The 'Great Resignation' is it a Misnomer!?! Can we call it 'Voluntary Quitting' or 'Great Rethinking?' Pandemic spurred on the 'Great Resignation' of 2021, during which a massive number of employees voluntarily quit their jobs. However, what we are living through is not short-term turbulence induced by the Covid-19. Instead, it is the continuation of a trend of rising quit rates which began more than a decade ago, according to a study by Harvard Business Review (HBR). The major five factors exacerbated by the Pandemic have been the cause of this trend and the changes that we live through in today's labour market: the Five Rs: Reluctance, Reshuffling, Reconsideration, Relocation, and Retirement. Unfortunately, all of these factors are here to stay. Workers [...]

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30 03, 2023

How do businesses build Strategic Resilience?

By |2023-10-17T17:13:01+05:30March 30, 2023|Blogs, Technology|Comments Off on 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 [...]

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30 03, 2023

What is Metaverse?

By |2023-10-17T17:13:38+05:30March 30, 2023|Blogs, Technology|Comments Off on 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 [...]

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