IoT-Transforming the Business Landscape
What is Big O and not Big Bang?
Shivani Walia | Director-Client Delivery
“Internet of Things” or IoT, refers to the system where computing devices or other digital machines are interrelated and can transfer data between themselves over a network (it does not require any human-to-computer or human-to-human interaction).
The technology of Internet of Things is not new and that’s where Accion Labs represents a very important shift in tech culture, and in terms of how our consumers co-exist with tech. We don't necessarily try to change the world. Focus on making people's daily lives incrementally better and the rest will take care of itself. IoT plays a major role here.
Choosing a NoSQL Database - Technology Comparison Matrix
Aseem Jain-Dev Lead
We all know that Big Bang is what started this universe we live in, but Big O is not connected in any sense with it. There is a lot of fuss about Big O these days. Accion’s CEO Kinesh always says, if your software code works and does all expected things, then it is not sufficient nowadays. What carries more value is it’s response time, performance, scalability, and throughput.
Notification Engines and User Engagement
The big data technology landscape consists of such a large number of choices, that often the most critical step in successfully implementing a solution is choosing the right platform that will address the requirements of the problem at hand, and that is sustainable in the long term.
With such a large number of choices though, doing a feature-wise comparison of all individual platforms is just too complex and time-consuming. However, it is possible to group these options based on the data models they support.
The following technology comparison matrix compares different predominant data models, their capabilities, typical applications as well as limitations.
Blockchain Leading towards development of Web 3.0
Pooja Salot-Sr. Software Developer
Notifications are highly important when it comes to user engagement and interaction. Imagine if you can send and track all different types of notifications like Email, SMS, WhatsApp, IVR, Push, Web Push from one single system that is highly scalable and flexible for delivering messages how easy it would be to notify your customers or associates about every significant event where customers can choose what channel and what types of notifications they want to receive.
The Future is FinTech
Shahid Shaikh-Technology Architect
The invention of Bitcoin and Blockchain technology creates the foundations for the next generation of software applications. The applications which run on peer to peer network models with existing network and routing protocols. The applications where centralized Servers would be obsolete and data will be controlled by the entity whom it belongs, i.e., the users.
The decentralized nature of data distribution and effective peer to peer sharing of Blockchain inspires the development of a World Wide Web the way Sir Tim Berners Lee imagined. The internet controlled by people, not centralized entities such as Government or regulators.
Ethical Hacking is "Hacking to Help"
Relton Alexander-Delivery Manager
FinTech, a combination of the words “financial” and “technology,” is a relatively new and very broad sector. Most people hear FinTech and only think about the latest mobile app which can help them pay for their breakfast, lunch or dinner without ever swiping a card or touching currency. But technology has always played a key role in the financial sector in ways that most people take for granted and might not ever see. In examining our timeline at Accion of FinTech developments, the last few years paints a picture of continued innovation and evolution.
Re-engineering with Artificial Intelligence
Aseem Jain-Dev Lead
Our CTO, Ashutosh Bijoor, says “when the system is designed, security has to be in the very foundation of its architecture”. I agree with him. In today's digital world of cryptocurrency, plastic money and digital wealth, where almost everything is on the cloud/internet and skilled hackers can hack from virtually any part of the world. Hacking generally refers to unauthorized intrusion into a computer or a network. Cyber-security ventures predict that hacking or cyber-crime will cost the world $6 trillion annually by 2021.
Power can used for good or bad purposes, it depends on one’s ethics, how he/she wants to use the tools and powers given to them.
Kinesh, our CEO often makes this statement - "If you are not incorporating AI into your organization, you are already too late". If you are one of these latecomers - you're not the only one. If you were one of the early adopters of AI, you know that it was not a cake walk. The hype and excitement of AI is the the tip of the iceberg when it comes to effort required to incorporate AI in your organization. One the one hand, AI surely promises to revolutionize business models in all fields of human activity. On the other hand, the underlying systems that provide the rich data that AI needs, are still languishing from legacy technology and a huge backlog of re-engineering.