Enterprises increasingly use low-code development practices and tools to help make professional developers and business users more productive. In the near future, there will be a look for vendors, including major cloud providers, to expand low-code's capabilities. Experts predict low-code will improve how businesses not only develop applications but maintain IT overall. Amidst a growing number of companies pouring millions into digital transformation for business resilience, primarily against the backdrop of the COVID-19 crisis, low-code/no-code (LCNC) platforms are gaining momentum to cut down lengthy software development cycles to create new applications that meet immediate business needs. This has resulted in an year-on-year fivefold rise in the venture capital funding into LCNC platforms in 2021, as per GlobalData. Venture Capitals seemingly consider LCNC technologies as part of their core investment strategy backed by the ‘software is eating the world’ phenomenon now more than ever while most companies are still challenged to quickly develop software due to the lack of skilled developers. Advantage of Low-code selects and connects blocks of code to build an application, website or functionality, whereas, No-code development carries this paradigm even further with an entirely drag-and-drop process that requires essentially no coding knowledge.
LCNC vendors claim to address this gap, notably in the enterprise race to digital transformation, by enabling non-IT professionals to develop new applications remarkably fast. Experts say, the focus of VC investors has been on funding high-value LCNC startups that offer enterprise-grade applications to enhance customer journeys, streamline workflows, modernize legacy applications, and support data visualization for increased business productivity. Over the last four years, digital workflow automation is the most targeted area by VC investors, followed by simpler spreadsheets representation and fast and secure.
Enterprises increasingly use low-code development practices and tools to help make professional developers and business users more productive. In the near future, there will be a look for vendors, including major cloud providers, to expand low-code's capabilities. Experts predict low-code will improve how businesses not only develop applications but maintain IT overall. Amidst a growing number of companies pouring millions into digital transformation for business resilience, primarily against the backdrop of the COVID-19 crisis, low-code/no-code (LCNC) platforms are gaining momentum to cut down lengthy software development cycles to create new applications that meet immediate business needs. This has resulted in an year-on-year fivefold rise in the venture capital funding into LCNC platforms in 2021, as per GlobalData. Venture Capitals seemingly consider LCNC technologies as part of their core investment strategy backed by the ‘software is eating the world’ phenomenon now more than ever while most companies are still challenged to quickly develop software due to the lack of skilled developers. Advantage of Low-code selects and connects blocks of code to build an application, website or functionality, whereas, No-code development carries this paradigm even further with an entirely drag-and-drop process that requires essentially no coding knowledge.
LCNC vendors claim to address this gap, notably in the enterprise race to digital transformation, by enabling non-IT professionals to develop new applications remarkably fast. Experts say, the focus of VC investors has been on funding high-value LCNC startups that offer enterprise-grade applications to enhance customer journeys, streamline workflows, modernize legacy applications, and support data visualization for increased business productivity. Over the last four years, digital workflow automation is the most targeted area by VC investors, followed by simpler spreadsheets representation and fast and secure
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Hon'ble FM Shri Arun Jaitley highlighting the growth two key elements - public investment and FDI in the Indian economy at our 88th AGM on December 19, 2015
Watch Public investment and FDI has increased in India in 2015 With HD Quality
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*Syed Shafat Hussain Prominent Social Activist and Family Member of famous saint Hazrat Nanga Baji(R.A) joined Congress In Bandipora.*
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#Cryptocurrencies #RBIGovernor #AMD
Buy now and pay later
Banks seeking long-term growth should explore market entry, and merchants should reassess their financing offers. Trends fuelling growth include digitization, rising merchant adoption, increasing repeat usage among younger consumers, and an expanding set of players targeting lending at point of sale, a service also known as “buy now, pay later.” Thus far, fintechs have taken the lead, to the point of diverting $8 billion to $10 billion in annual revenues away from banks, according to McKinsey’s Consumer Lending Pools data. It is observed that only a few banks are responding fast enough and boldly enough to compete. Banks that underestimate the threat may see continued loss in share and could lose out on participating in a growing value pool and gaining share among younger and new-to-credit customers, as banks in Australia and China did when facing a similar situation. To avoid that outcome, US banks need to understand the landscape for POS financing and choose from among the emerging models. In India, as the Covid-19 pandemic has sent more and more people towards online shopping, the demand for easy loans has driven more players to enter the Buy Now, Pay Latermarket. Experts say, Since the maximum credit currently being offered on BNPL is 100,000 rupees, much lower than credit card offers, it will take some time before it can disrupt the cards market.
Buy Now, Pay Later products are not new to the Indian market. BNPL is a powerful tool that supplements the consumerism boom, with the aim of providing a digital credit card experience and brings into its fold even those left outside the structured financial system. India's buy-now-pay-later (BNPL) industry is booming and set to surge over ten-fold within four years as tens of millions of online shoppers get lured by interest-free credit with fewer hassles. As per the estimates of Redseer India's BNPL market will
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Government cracks down on five e-commerce platforms for unfair trade practice #shortsvideo
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Coconut export has increased by more than 60% after our govt came into power at the centre. We installed a food processing plant in Tumakuru in just Rs. 150 crore that helped around 6,000 farmers in doing trade and generated 6,000 employments.
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In the last 2 decades, Gujarat has become a hub for production & export of potatoes.
India's potato production increased by 20% in the last decade while in Gujarat, it increased by 170%.
Policy decisions and modern facilities for irrigation has helped the growth: PM Modi
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Watch India's potato production increased by 20% in the last decade while in Gujarat, it increased by 170% With HD Quality
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#Blockchain #Birla #VodafoneIdea
Blockchain solving taxation issues
With the recent introduction of TaxGrid - a global tax withholding solution that leverages blockchain technology to automate, decentralize and securely share tax and financial information while maintaining data privacy between financial institutions and government agencies. EY has started this in the early 2020 when the pandemic hits the globe, EY used a permissioned Ethereum network across multiple cloud providers including AWS, Azure and IBM Cloud to build Tax Grid. EY hosted some nodes on behalf of some partners while other participants hosted their own nodes. The same software ran across all nodes. TaxGrid has the potential to replace a manual and paper-based tax refund process that costs investors’ money and creates fraud headaches for tax collectors. It uses fungible and non-fungible tokens to track dividend income. This makes it easier for tax agencies to apply the appropriate tax rate to transactions.
The shared ledger carries the information in real-time as to who owned the stock at the time of sale, the type of entity, the country of location and the appropriate tax rate. It's the first time that we know that an application like this involving multiple government and financial institutions was built using zero-knowledge proof. It also provides a complete and detailed picture of a transaction for tax agencies while protecting individual investor privacy and confidentiality. An expert claims, without the zero-knowledge proof, everyone would be able to see all the information from the transaction. With the zero-knowledge proof, everyone can have the cryptographic assurance that whatever transaction they were relying on was done correctly. TaxGrid is a new solution to the familiar problem of withholding tax rates on dividend income from global investments.
Today's Headline in NewsHours
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2:07 #Birla is ready to give #VodafoneIdea
Technology video | 171 views
#chip #Apple #iPhone13
IDP uses AI to automate data processing
Despite major advances in digital security and cloud storage, paper remains an essential ingredient in the contracting process. Intelligent document processing (IDP) uses artificial intelligence to automate data processing, disrupting fintech by augmenting human intelligence. Unlike robotic process automation (RPA) and simple data extraction, AI for document insights enables knowledge management digital transformation with streamlined search, synthesis and analysis across large volumes of complex documents, helping employees quickly make better business decisions. But in 2021, where most business advances were built on some form of automation, weren’t we supposed to be living in a more efficient future? Even better: Why spend time assessing and sifting through thousands of documents when AI could do the job in a few minutes? As per the Adobe study, attitudes toward going all-digital with document management are rising, but old paper habits die hard. Did you know manual document-related challenges account for a 21.3% productivity loss and Indian companies waste a collective 82% annually managing paperwork!
India Inc. could potentially save up to Rs. 5000 to Rs. 6000 crore per annum by integrating smart offerings like NSE-backed Finstinct that allow financial organisations to cull out hyper-targeted, structured information from millions of unstructured paperwork and documents floating in the BFSI ecosystems. A report says, workers spend approximately 11 hours in a week to deal with documents related issues, which leads to low productivity and poor quality of the customer service. As per, Goldman Sachs it is estimated to spend $33mn every year on hiring analysts who can read reports, papers to make sense of millions of documents running through their system. It seems, perhaps the cost spent on the current manual system can be avoided and channelled towards better insi
Technology video | 284 views
FCCs Configurable Consolidation :
This is another excellent video on Oracle FCCS (Oracle Financial Consolidation and Close Cloud). In this video, we have taught Oracle FCCs Holding Company Investment 60% Investment
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Oracle FCCS Setup
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Oracle FCCs Holding Company Investment 60% Investment | FCCs Managing consolidation 60% ownership
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Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
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Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
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Bigg Boss 18 LIVE: Girls And Boys Hostel Task, Vivian-Eisha, Avinash-Alice Ki Jodi
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Bigg Boss 18 LIVE: Girls And Boys Hostel Task, Vivian-Eisha, Avinash-Alice Ki Jodi
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Yeh Rishta Kya Kehlata | BSP Ke Sath Sukoon Se Soyi Abhira Aur Armaan Ki Masti
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Yeh Rishta Kya Kehlata | BSP Ke Sath Sukoon Se Soyi Abhira Aur Armaan Ki Masti
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Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
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Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
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Bigg Boss 18 LIVE: Vivian Ka Breakfast Janbuzkar Kha Gaya Digvijay
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Bigg Boss 18 LIVE: Vivian Ka Breakfast Janbuzkar Kha Gaya Digvijay
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Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail #bhagyalakshmi
Cameraman: Anil Vishwakarma
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Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail
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