Through Vertiv Xpress, We want to demonstrate our agility and thought leadership: Sunil Khanna

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Through Vertiv Xpress, We want to demonstrate our agility and thought leadership: Sunil Khanna, MD & President, Vertiv Energy

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    Through Vertiv Xpress, We want to demonstrate our agility and thought leadership: Sunil Khanna

    Through Vertiv Xpress, We want to demonstrate our agility and thought leadership: Sunil Khanna, MD & President, Vertiv Energy

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    Open banking provides an opportunity to demonstrate digital leadership

    #OpenBanking #Microsoft #Google

    Opportunities with Open Banking


    Transforming the business models to become digital ecosystems can bring a New world of opportunities with Open Banking. For financial services firms, open banking provides an opportunity to demonstrate digital leadership, and with the changes we have seen in business models generally moving to a more digital offering, clients are looking for real-time, instant and faster payment capabilities. As a result of this pressure from clients, very innovative solutions using open banking and Payment Initiation Service Provider (PISP) services are beginning to emerge and provide clients with alternative payment channels for giving instant access to the funds and is playing an important role in overall working capital management. To make Open Banking successful and sustainable, however, more banks need to embrace an end-to-end digital architecture.



    Innovation is imperative for today’s banks. They face intense cost pressures, fierce competition and soaring customer expectations. SMEs are choosing alternate services than banks to secure their loans. Bank lending is the most common source of external finance for many SMEs and entrepreneurs, which are often heavily reliant on traditional debt to fulfil their start-up, cash flow and investment needs. While it is commonly used by small businesses, however, traditional bank finance poses challenges to SMEs, in particular to newer, innovative and fast growing companies, with a higher risk-return profile. “Open Banking”, where consumers allow third-party providers to use the financial information held by their bank to inform new products, is growing and this will create big opportunities to make banking better, in particular, tailored, personalized solutions for every area of money management.


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    आपको कमर में है दर्द तो Artemis Hospital Gurugram में आप सम्पर्क करें
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    Our stand has always been clear and the actions of our party match our words: PM Modi

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    Open source brings innovation and agility

    Open source acts as an enabler for inclusiveness for businesses. Organizations use open source to serve small and medium businesses with low cost products and build a competitive advantage through cost and volume over dominant players who are focused at enterprise segments. The strong community aspect of open source may allow organizations more agility around innovation and also allow addition of newer segments of the market around the products and services. In different words the strongest aspect of open source is that people or communities can innovate for themselves rather than waiting for a business to do it for them. Developers can also take advantage of specific database capabilities to release their product onto the market more quickly. Yet, due to concerns about vendor or platform lock-in, many do not leverage these capabilities and end up writing a lot more code than they should, which lowers performance.



    Open source allows significant innovation at different levels like technical, product and the organization has advantages of network effects for its users. The perception that it is singularly contributing towards just lowering the development costs of new products is not precise as because of the strong community the features, limitations and performance of the products are highlighted quickly. With the greater penetration of open source in the market, enterprises are now forced to review missing market segments and low end consumers more often than earlier. Enterprises are aware that they may be disrupted very quickly by a combination of good enough product and big enough community and not necessarily the best product or a bigger/richer organization. With the advent of cloud and ‘pay as you use’ infrastructure, there is democratization of infrastructure that complements open source technologies very well and allows startups to disrupt businesses.


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    There is an urgent need of the professionals to create the Multi-Cloud Strategy. Multi-cloud is the practice of using more than one cloud platform in your cloud approach. It isn’t a kind of technology, rather just an approach. A homogenous cloud may include several different clouds, but all from the same vendor. Whereas the heterogeneous cloud, on the other hand, could mean three public clouds from three vendors. A report says, No single cloud provider has the best services for everything, so it is smart to tailor the best service for your situation. You might even have one process in your workflow that requires a dedicated cloud service. A multi-cloud strategy can be more complex to run compared to the traditional single-cloud approach. The entire process is highly dependent on good planning.



    With the proper implementation of the multi-cloud strategy, an enterprise can adopt a mixture of Infrastructure As A Service services from multiple cloud providers and sharing workloads among each of these services which are reliable, secure, flexible, and of course cost-effective. A report states, transformation of enterprises are increasing towards multi-cloud environments. Businesses struggling with legacy IT systems, hardware suppliers, and on-premise structures can benefit from adopting multi-cloud infrastructures to improve agility as well as workload mobility amongst heterogeneous cloud platforms. At the same time, a multi-cloud user can mitigate the risk by switching to another service provider or back up or to a private cloud, immediately.

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    Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535

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    Disclaimer:
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    भारत में पहला BAR कौन सा है? Which is the First BAR in India? Do you know?

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    My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
    My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
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    Disclaimer:
    The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.

    About The Channel:-
    If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the world than anyone else. This channel helps give information about your favorite drink. How to make fantastic cocktails at ho

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    Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535

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    My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
    My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
    My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
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    My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
    My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
    My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa

    Home Bar Accessories - https://amzn.to/3LedEOv
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    Disclaimer:
    The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.

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