<p>In an age of emerging technology, staying abreast is impossible. It is common to find that the leading value creators of recent years are all reliant on technology. It is undoubtedly a major disruptive force across the entire global economy. Almost every factor that contributes to the global economy is affected by technology. Instead of being a layer of the economy, technology is becoming the heart of it. The most significant evolutions in the economy are often accompanied by process of "creative destruction," in which profit pools shift, industries restructure, and incumbent firms are replaced. According to Joseph Schumpeter, an economist from the early 20th century, such changes entail "creative destruction." As you read further in this article, you will see how emerging technologies have a disruptive byproduct on the global economic scale and a brief on the growth of cloud infrastructure in non-technical companies.</p><p>Disruptive technologies often showcase a rapid change in price and performance compared to alternative approaches. They change how business is done, and needs are met despite entering an established market. Disruptive technology allows people to break down barriers and empower people who may have been ineffective. It can also spread more interaction and responsiveness to communications platforms.</p><p><br>&nbsp;</p><h2>Technology Drives The Future of All Industries!</h2><p>When you think about all leading industries, the only buzzword that comes to mind as the driving force is 'Technology'. Technology is in itself the number one industry. Any industry's expected success is largely due to the way technology has altered and will continue to alter. In the past decade, cloud computing, machine learning, artificial intelligence, and big data have been cited as the sub-sectors that have made the biggest impact and are continuing to do so. In terms of massive changes witnessed among multiple industries, technology is leading in almost every one of them. In the energy industry, technology has shown miracles in the form of energy trading. It increases the use and efficiency of sustainable energy sources. On the other hand, in financial companies, it's financial technology or cryptocurrency that's leading the way. Healthcare industries hold a strong output due to implementing technology using subsectors such as biotechnology, health data management, personalized health solutions, advanced insurance solutions, etc. Also, disruptive technological methods have introduced growth and sustainability in retail, construction, and hospitality.</p><p><br>&nbsp;</p><h2>Digital Transformation: A Disruptive Technology Method That Brings Massive Change To All Industries</h2><p>Digital transformation, also known as digital business transformation, refers to the strategic use of digital technologies for streamlining and accelerating business processes. Many technical and non-technical companies are accepting digital transformation for big growth. For example, IKEA has recently put one step forward in the field of technologically growing by digitally transforming through an online platform. Without this transformation, IKEA would not have opened another sales channel. Other examples of companies that evolved through digital transformation include Walmart, Disney, PayPal, National Geographic, and Starbucks. A study performed on 1,200 mid to large-sized US companies found that the average budget for digital transformation in 2018 was $14 million, and spending on digital transformation worldwide is expected to reach $1.78 trillion by 2022. Digital transformation is expected to add $100 trillion to the global economy by 2025. Digital transformation can have varying impacts on your company. However, digitization often brings these benefits:</p><p>&nbsp;</p><ul><li>Reduced operating costs</li><li>Optimized operations</li><li>Increased revenue</li><li>Improved customer satisfaction</li><li>Lowered fragmentation<br><br>&nbsp;</li></ul><p>&nbsp;</p><h2>Cloud-based Infrastructure</h2><p>Since the mid-2000s, cloud technology and platform business models have driven the technology industry globally. Among all technological advancements, cloud technology is one such strategy that has now spread to every big and small business and has played a major role in the economic sector. In the past few years,&nbsp;<a href="https://techfastly.com/cloud-banking-leveraging-data-for-valuable-insights/">cloud computing</a>&nbsp;has become increasingly popular for many reasons. It allows almost any application or service to be delivered over the Internet or a network, without the need for expensive local hardware or software. The market value of top cloud-native infrastructure software vendors is increasing rapidly. With cloud-based services, businesses can streamline performance and support growth and development with a much more scalable and reliable IT infrastructure. Historically, cloud computing has gone through multiple phases - it started with grid (or utility) computing, then came the "application service provision" phase, followed by what is now called SaaS. Software companies using cloud-native infrastructure can pay for cloud computing resources as they use them, rather than making expensive capital investments. Every new trend in cloud services has possibly changed the way a business runs in terms of product consumption and services, data storage, and communication. Additionally, cloud computing allows users to access their data remotely by moving data to the cloud. The enterprise to consumer expansion of cloud services does not appear to be slowing down any time soon. Companies can launch new ventures within the cloud without spending more on the infrastructure or employees. This strategy allows competing with larger, existing incumbents. Companies that use cloud technology and platform business models mainly apply them using data and analytics. The ability to monitor and analyze large data sets can help businesses better respond to real-time consumer feedback and improve their product offerings. Apart from cloud-based services, a few latest disruptive technologies are reported to have developed over the last decades. Such disruptive technologies include artificial intelligence, energy storage, next-generation genomics, blockchain, E-commerce, streaming entertainment, social media networks, GPS systems, smartphones, ride-sharing apps, etc.<br><br>&nbsp;</p><h2>Conclusion</h2><p>In summary, you now know that high-technology production was limited to financially developed countries in the past. Today, disruptive technology acts as a force that is more easily transferred to developing nations, where high-tech products can be combined with low costs. This displays the extremely rapid transitions of time and technology. With time, technology has evolved faster than anything else and has outspread uncountable intelligent ways to create businesses that bring disruptive changes on the global economic scale.</p>

Pallabi Das

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Cloud Computing

Emerging Technologies

Cloud technology is the future and it's already here. Techfastly investigates what the disruption of global economic systems means for business and society.

Disruptive Cloud Technology and Global Economy | Techfastly

Transforming Global Economy through Disruptive Cloud Technology

<p>Manufacturers have always looked out to practice new approaches for enhanced maintenance and protection for all of their machinery and equipment. Among these latest methods, IoT-based predictive analysis and maintenance have shown remarkable results recently. Since its beginning, predictive maintenance has transformed ancient and traditional maintenance methods into extremely advanced and efficient ways. In contrast to conventional maintenance schedules, predictive maintenance schedules specific tasks only when needed rather than conducting routine maintenance on all equipment. IoT performs predictive maintenance through sensors, gateways, and management systems to predict equipment failures and prevent them from occurring.&nbsp;</p><p>Predictive maintenance has become a central part of business strategy for many organizations. Among the industries benefiting from predictive maintenance are oil and gas, the food and beverage sector, manufacturing firms, and IT services. This article describes how IoT-based predictive analytics can be used to predict maintenance within a manufacturing environment. Manufacturing companies involve heavy machinery and equipment, which can become a million-dollar loss in case of any breakdown.</p><p>Before you read further, it is necessary to have a clear concept of what predictive analytics and predictive maintenance denote. Predictive analytics uses historical data to identify likely future outcomes based on statistical modelling and machine learning techniques. IoT collects machine information (such as temperature, voltage, current, and vibration) in manufacturing sites and wirelessly transmits the collected data to a cloud-based service platform in real-time. There is adequate bandwidth to handle large amounts of data when using wired and wireless connectivity solutions. This data allows us to analyze and reach predictive solutions.&nbsp;</p><p>On the other hand, IoT-based predictive maintenance or PdM identifies patterns and predicts equipment failures by monitoring its condition during normal operation. It uses five basic components to carry out these resolutions. These components include predictive analytics, predictive maintenance software, sensors, data communication, and central data storage. Predictive analytics and machine learning will notify management of potential challenges before they arise, making the entire process faultless. Reducing production interruptions brings money savings and improved reliability in delivering products on time.</p><h2><strong>Benefits of IoT-based Predictive Maintenance</strong></h2><p>It is seen that manufacturers who have adopted predictive maintenance have witnessed a wide range of benefits. These benefits include:</p><h3>Reduced Maintenance and Material Cost</h3><p>The data utilized in predictive maintenance allows you to perform optimal inspection and maintenance of machinery without any occurrence of breakdown, which could have cost a tremendous amount of money and time. Studies, therefore, confirmed that the cost of maintenance operations is reduced by 20-50% with the application of predictive maintenance.</p><h3>Reduced Machine Failure</h3><p>IoT-based predictive maintenance provides data that allows you to customarily monitor any machinery's working conditions. This regular observation avails for identifying components that require repair or replacement, thus preventing the degradation of the entire workflow. It is proven that the implementation of predictive analytics in manufacturing sites has reduced the number of unexpected equipment failures by approximately 60%. Predictive maintenance has, in turn, resulted in the incremented service life of machines.</p><h3><br>Reduced Repair Time</h3><h3>Maintenance done using predictive methods reduces the time required for repairs and replacements—the unplanned time utilized due to the breakdown of machines results in the overall loss of companies. Regular analysis of the condition of the machines is necessary to identify the specific problems of each. Each repair can be planned by maintenance personnel in this way. An IoT-based predictive maintenance program identifies damage on equipment and other machinery. Predictive maintenance works on a formula for estimating the mean time between failures. This meantime allows experts to determine the exact number of hours required to perform repair or replacement without further allowing the machinery to promote high maintenance costs.<br><br>Enhanced Operator's Safety</h3><p>With predictive maintenance, the risk of destructive machinery failure reduces, and with it, the rate of injury or death of a person operating such machinery goes down.</p><h3>Increased Production</h3><p>IoT-based predictive maintenance has helped manufacturers gain a rise in production with the help of a process parameter monitoring method. It improves the operating efficiency and productivity of manufacturing and processing plants. A reduction of machine downtime results in increased output and a higher overall equipment effectiveness score.</p><h3>Increased Life of Parts</h3><p>An early prediction of machinery or parts failure is directly proportional to the increased service life of industrial plants and machinery. Maintaining equipment and other plant systems is crucial by following a condition-based predictive maintenance program. A predictive maintenance program increases machine service life by five years after installation. Besides extending the life of plant equipment, this method reduces the severity of the damage, preventing defects propagation. One benefit of predictive maintenance is that it can automatically estimate the mean time between failures (MTBF).</p><p>It determines when replacing machinery is more cost-effective than continuing to absorb costly maintenance costs. The MTBF of any parts or machinery&nbsp;reduces every time a major repair or reconditioning occurs, and predictive maintenance plays a crucial role in it.</p><h3>Competitive Advantage</h3><p>As a result of the increased sense of predictability and confidence in predictive maintenance, company branding can be improved while customer satisfaction increases.</p><h2><strong>Conclusion</strong></h2><p>In a nutshell, predictive maintenance lifts manufacturing businesses to maintain a balance in keeping costs down and increasing asset availability. It improves the overall operation of manufacturing sites, and with techniques based on data collection, these methods further reduce the annual operating costs. The increasing use of predictive maintenance is confirmed to provide continuous resolutions and action measures necessary for addressing the systems before they fail, break, or run erroneously. A PdM-based business operation is a next evolution in how humans use machines for production. Manufacturing sites and processing plants will continue to boost their efficiency by utilizing predictive maintenance in the future to meet all competitive and challenging requirements.</p>

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Business

Predictive Modeling

Predictive Analytics

With the help of predictive maintenance, factories can accurately monitor their production machines and prevent breakdowns. Learn more about the benefits of this innovative technology!

IoT-based Predictive Maintenance for Manufacturing Industries | Techfastly

The Powerful Advantages of IoT-based Predictive Maintenance for Manufacturing Industries

<p>Today, cybercrime is a trending word across industries and has become a devastating threat. Cybercrime is on the rise mostly due to the uncountable and latest range of methods used for attacks. The rapid and dynamic development of methods to assault cybersecurity has made defending the network from this type of crime a harder task. Nevertheless, as an extract of the great saying "<i><strong>Darkness cannot drive out darkness, only light can</strong></i>".</p><p><a href="https://techfastly.com/steps-for-building-predictive-models/">Predictive analytics</a> has proved to be a ray of hope against cybercrime. <i><strong>Do you think that a prior warning can help prevent these cyber-attacks?</strong></i> Fortunately, there is an advanced way of doing so. As a prelude, I would like to introduce you to the concept of predictive analytics.</p><h2><strong>What is Predictive Analytics?</strong></h2><p>Analyzing historical data and using analytical techniques, such as statistical modeling and machine learning, to predict future outcomes is called predictive analytics. Predictive analytics is termed as a solution because it is designed to handle growing volumes of data and simultaneously predict the possibility of an attack. With the aid of sophisticated predictive analytics tools and models, people can predict the future of their businesses. In addition, predictive analytics can be used to detect and cease various types of criminal behavior before they cause serious damage. By studying user behavior and actions, an organization can notice anything out of the ordinary, such as cybercrimes. As predicted outcomes have grown, security professionals have begun to leverage predictive analytics. Individuals run multiple models simultaneously and combine the outcomes to find the most likely result. The greatest preferences of predictive analytics are its capacity to distinguish inconsistencies.</p><h2><strong>How Predictive Analytics Work?</strong></h2><p>The most commonly used methods in predictive analytics include:</p><h3><strong>Identifying Loopholes in Network</strong></h3><p>Cybercrime is a threat to all industries with varying impacts. For example, the methods used for attacking healthcare industries will differ from the methods used in software or aerospace industries. These variations depend on the data available, and it is always an important step to implement ways of protecting data together with restricting cybercrime from taking place. Predictive analytics use tools which are based on identifying network vulnerabilities. These tools help identify and observe malicious activities on a network and use this analysis to anticipate possible threats. It is important that these systems are up to date and specifically capable of identifying sophisticated attacks buried under the heaps of data in order for them to be effective.</p><h3><strong>Handling Massive Data with Attack Graphs</strong></h3><p>Predictive analytics deals with a huge data collection which can be exceptionally difficult to cross through and then process, and analyze for required insights. These data results from an overall collection from databases, programs, devices, and servers.</p><p>Predictive analytics uses the method of attack graphs to handle such a heavy task. All paths of entry and exit to a cybersecurity network are represented by a cyber-attack graph. They delineate ways in which an attacker can misuse the vulnerabilities of a network.</p><h2><strong>Lists Preventions to Avoid Future Attacks</strong></h2><p>Predictive analytics focuses more on preventing future attacks rather than explaining the reason and areas of attack in the past. It provides a smart move for you to identify weak areas along with solutions to identify patterns and detect abnormalities that can be easily avoided with certain preventions to save your data. Predictive analytics combines with hacker bots to detect and monitor network activity. It can also detect immediate irregularities in the data flow.</p><h2><strong>Predictive Analytics Tools</strong></h2><p>Here are three of the most popular predictive analytics tools:</p><ol><li>SAP Predictive Analytics</li><li>SAS</li><li>Microsoft Azure Machine Learning<br><br></li></ol><p>These tools use big data, statistical algorithms, and machine learning methods to predict the probability of real-time and future results based on past data. The main objective of predictive analytics tools can be summarized in four points:</p><ul><li>Detect cybercrime</li><li>Optimize the operation of the network stream</li><li>Improve overall performance and protect data</li><li>Reduce future risks</li></ul><h2><strong>Industries Using Predictive Analytics To Prevent Cybercrime</strong></h2><p>Predictive analytics is widely used among all industries to improve business with merely a minimum or negligible percentage of existing risk. It is a highly valued technology in the retail, marketing, healthcare and banking industries. Among these, banking and financial industries use predictive analytics to avoid cybercrimes. There are huge amounts of data and money in the financial industries that face extreme risk daily. Apart from detecting cyberattacks and protecting data, the banking sector takes the help of predictive analytics for optimizing customer-based decisions, avoiding fraud, enhancing risk management, and providing better customer solutions.</p><h2><strong>What Does the Future of Predictive Analytics Hold?</strong></h2><p>In conjunction with being a commanding subject for study and research at this time, predictive analytics has already made a position in terms of security in each large and small company. Security being the most elevated need of each company, predictive analytics have combined with branches of artificial intelligence, modelling etc., and have come up as the foremost successful shield for cybersecurity. There's continuously less chance for such cyber crimes to end totally in the near future, but the possibility and accessibility of these security technologies have multiplied up. These innovations have a mind-blowing potential to form our virtual and computerized world free of all wrongdoings.</p><h2><strong>Conclusion</strong></h2><p>By involving predictive analytics as a potential part, an organization can recognize the wide range of cybercrime taking place every day. Predictive analytics applies statistical algorithms for organizations to predict future cyber-attacks in real-time. Organizations can take an active part in sorting these cybercrime assaults by involving a group of experts and analysts who can research how often it is possible for cybercrime to occur. Analysts can gather internet data measurements and apply predictive analytics techniques to identify any vulnerabilities in their cybersecurity that could be exploited by cybercriminals. By combining machine learning with predictive analytics, companies can move forward with the efficiency of cybersecurity and intelligently dodge all approaching threats. This implies they are able to form a total analytics and visualization arrangement which helps hold up all information and reports. For way better help in cybersecurity, companies can too accomplice with analytics firm to work and imply predictive analytics.</p>

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Cybersecurity

Cybercrime

Predictive analytics is a powerful tool used to identify and anticipate risks. Read on to find out how this cutting-edge technology can be applied to the fight against cybercrime.

Predictive Analytics in Combating Cybercrime | Techfastly

Predictive Analytics in Combating Cybercrime: Do You Really Need It? This Will Help You Decide!

<div><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">Business firms in an economy are affected by macro and micro factors, both external to the company. Many strategic questions arise when a company is considering developing a new product or expanding internationally. To maximize profits, companies must implement PESTEL analysis. This analysis helps companies answer strategic questions about their operations and make calculated decisions about their future.</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">This blog post will look at what a PESTEL analysis is and how it can help you improve your business.</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true"><br></span></p><h2 style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; font-weight: normal;"><strong style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;">What is PESTEL Analysis?</strong></h2><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">PESTEL stands for Political, Economic, Social, Technological, Environmental and Legal factors. It focuses on collecting data on macroeconomic factors and provides a view of components that might affect an organization. It allows a clear perspective of what's happening in the industry; in other words, it is also known as environmental scanning.</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><br></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">A company functions under internal, micro and macro environments. The internal environment consists of factors such as assets, technology, employees, etc. Micro environment refers to things outside the company but plays a major role in functioning the internal environment; these include buyers, sellers, clients, suppliers etc. Macro environment, on the other hand, refers to the factors that can influence the organization and is out of the organization's control.&nbsp;</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><br></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">The PESTEL analysis includes the contribution of ideas, expertise and opinions from different areas of the business. These ideas are further evaluated with research and valid shreds of evidence that determines the necessity of six components:&nbsp;</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><br></p><h3 style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><strong style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;">Political Factors</strong></h3><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">Politics and governmental actions significantly affect how companies function and the degree to which a country is favourable in handling business. A significant increase in business depends on the country's political climate and how the government takes a business-friendly approach to growth. In addition, a country needs to expand the range of opportunities available to foreign companies to see its resources as profitable and resourceful.</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><br></p><h3 style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><strong style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;">Economic Factors&nbsp;&nbsp;</strong></h3><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">The economic factors in PESTEL analysis concern understanding the economic prospects for a country, such as employment rates, GDP of the country, exchange rates, interest rates, and how the overall infrastructure is improving. These factors provide companies with a clear picture of the country’s economic situation, allowing them to make an informed decision about whether or not to embark on development.</span></p><h3 style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;"><br>Social Factors</span></h3><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">The PESTEL analysis tool is used to assess the external and internal factors that affect a company's business. It helps to understand consumer needs and wants in a social setting. It includes cultural, lifestyle preferences, work-life balance, education levels, and other factors that can affect a country's economy.</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><br></p><h3 style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><strong style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;">Technological Factors</strong></h3><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">These refer to massive technological shifts and rapid developments that influence how you deliver your service and brand to the market. In the context of technology; innovation and obsolescence are two of the most important factors, along with research and development. In addition, it is important to evaluate how competitors use technology and how the market accepts new technologies.</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><br></p><h3 style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><strong style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;">Environmental Factors</strong></h3><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">The concept of 'environment' is used in PESTEL analysis to refer to all external factors that affect a business, including the physical environment. A few of these considerations are climate, weather, geography, workplace efficiency, and the availability of non-renewable resources.&nbsp;</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><br></p><h3 style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><strong style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;">Legal Factors</strong></h3><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">The law affects businesses and customers in a number of ways. Companies should understand what is legally allowed within their territories. Moreover, how it stocks its inventory or deals with customers are all part of the legal factors. Regulations and guidelines pertaining to international trade agreements, international trade treaties, regional/local laws and circulars all fall under legal factors.&nbsp;</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">&nbsp; &nbsp; &nbsp;</span></p><h2 style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; font-weight: normal;"><strong style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;">Advantages of PESTEL Analysis in Business</strong></h2><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">The contribution of PESTEL analysis displays a list of significant advantages for businesses of all kinds.</span></p><ul style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><li style="background: transparent; margin-top: 0pt; margin-bottom: 0pt; list-style-type: disc;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">It is simple, cost-effective and helps in the strategic planning of the business.</span></li><li style="background: transparent; margin-top: 0pt; margin-bottom: 0pt; list-style-type: disc;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">It provides in-depth knowledge of the factors and environment affecting the industry.</span></li><li style="background: transparent; margin-top: 0pt; margin-bottom: 0pt; list-style-type: disc;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">The organizational culture fosters a willingness to consider changing circumstances and encourages individuals to take responsibility for the challenges that arise.</span></li><li style="background: transparent; margin-top: 0pt; margin-bottom: 0pt; list-style-type: disc;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">Using the PESTLE method regularly can enable organizations to spot trends early, providing them with a competitive advantage.</span></li><li style="background: transparent; margin-top: 0pt; margin-bottom: 0pt; list-style-type: disc;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">It allows an organization to act to avoid future threats when they are identified.</span></li><li style="background: transparent; margin-top: 0pt; margin-bottom: 0pt; list-style-type: disc;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">In addition, strategic planning can help an organization identify and exploit new business opportunities.<br><br></span></li></ul><h2 style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; font-weight: normal;"><strong style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;">Why is PESTEL Analysis Vital for Businesses?</strong></h2><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">In various industries, different PESTEL factors receive varying emphasis. However, it is a crucial component of any strategy an organization seeks to implement since it forms a more complete version of the SWOT matrix.</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><br></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">As the founding pillar of strategic management, this framework encapsulates not only how a company should act but also their goals, strategies and other essential factors.&nbsp;</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">The concept is based on the idea that organizations can scan their environment and gain a competitive advantage with PESTEL analysis because they will continuously analyze and utilize information to improve their performance. The PESTEL analysis helps the organization formulate action plans and set goals to improve performance, identifying critical factors and forces that influence and influence the organization.</span></p><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><br></p><h2 style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; font-weight: normal;"><strong style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;">In A Nutshell</strong></h2><p style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;"><span style="background: transparent; margin-top: 0pt; margin-bottom: 0pt;" data-preserver-spaces="true">In order to improve organizational performance, organizations should utilize the PESTLE analysis to identify opportunities and address challenges. It is highly recommended; however, companies must understand that PESTEL factors are not just identified in this analysis but also assessed through it. Developing effective solutions for managing threats from the macroenvironment can help you address problems at a more strategic level. In addition to its limitations, this PESTEL framework is affected by uncertainty, costs, and time constraints. Thus, this model can also be combined with other analysis techniques to help attain maximum organizational efficiency and success.</span></p></div>

Significance of PESTEL Analysis - A Detailed Insight

<p>Mac users worldwide can now enjoy a variety of useful latest features in Apple's new macOS Monterey 12.3 update. The Monterey 12.3 release of macOS, being a significant upgrade, offers brand new features, enhancements, bug fixes, and security patches. Apple can now use its Universal Control feature after two months of beta testing. It is customary for Apple's macOS to introduce several changes with each new release, and macOS Monterey 12.3 is no exception. This article gives you an honest review of the latest macOS Monterey 12.3 update in terms of performance, problems, and feedback.</p><h3 id="macos-monterey-123-installation">MacOS Monterey 12.3 Installation</h3><p>The latest macOS Monterey 12.3 update takes up to 4.38 GB when downloaded. You can use the 'Software Update' section of System Preferences to download this version on all Mac systems. If your Mac has an existing version of macOS Monterey 12.2.1, the latest installation will take place within 15 minutes. Usually, it takes around 10-13 minutes on a MacBook Pro (2017).</p><h2 id="performance-review">Performance Review</h2><h3 id="universal-control">Universal Control</h3><p>The macOS Monterey 12.3 update includes Universal Control, new security updates, and other fixes. The most notable update is Universal Control. It simplifies a user's workspace by allowing them to use a keyboard, mouse, and trackpad across multiple Macs and the iPad for moving content between devices. Universal Control also allows you to use Apple's iPad and its apps on their Mac computers. In simpler terms, content and files can also be automatically transmitted between devices, similar to a Universal Clipboard. After updating your Mac to macOS 12.3 and iPad to iPadOS 15.4, Universal Control takes effect automatically, allowing you to use your Mac's cursor and keyboard on your iPad. When the cursor is moved from Mac to an iPad (or another Mac), the display will switch from one to another. Additionally, you can drag and drop files between Macs quickly.</p><p>Moreover, there is an AirPlay to Mac option, which lets you stream movies, games, photos, and more from the iPhone or iPad to the Mac and use the Mac as a multiroom speaker.</p><h3 id="spatial-audio">Spatial Audio</h3><p>Apple has greatly improved macOS 12.3 with the introduction of spatial audio. FaceTime, among other apps, supports spatial audio. Spatial audio makes voices sound like they're coming directly from the person on the screen, while the voice isolation feature eliminates background noise. There is also a wide spectrum sound mode for participation in a call with multiple participants. Dynamic head tracking is now available in the Music app for Macs with the M1 chip, and you can configure new settings in Control Center. Another unique feature named Portrait mode blurs out the background behind you, much like the iPhone photos feature.</p><h3 id="emojis">Emojis</h3><p>With macOS 12.3 update, you can now find several new emojis such as melting faces, biting lips, heart-shaped hands, bubbles, beans, faces with diagonal mouths, palms up, eggs, trolls, low battery levels, etc.</p><h3 id="improved-connectivity">Improved Connectivity</h3><p>Apple has improved more on providing stable connectivity with this latest release in terms of battery. You will experience faster and more reliable Wi-Fi connectivity, uninterrupted Bluetooth function and uninterrupted performance of third-party applications on the system.</p><h3 id="new-siri-voice">New Siri Voice</h3><p>Apple's new Siri voice has captured a lot of attention. You can select the American Siri Voice 5 option from the settings option. It has been in the spotlight, mainly due to the fact that it doesn't explicitly share the voice of a male or female and is created by a member of the LBGTQ+ community.</p><h3 id="podcasts">Podcasts</h3><p>The Podcasts app has new episode filters for seasons, unplayed, saved, and downloaded episodes.</p><h3 id="safari-webpage-translation">Safari Webpage Translation</h3><p>It is now possible for Safari to automatically translate Italian and traditional Chinese (among other languages) when the address bar is clicked. Additionally, the new tab bar design in Safari blends into the background better. It allows you to group open tabs to ensure that you can switch between tasks without losing your open tabs. You can also sync Tab Groups across all your devices and share them.</p><h3 id="ios-shortcuts-app">iOS Shortcuts App</h3><p>The Mac version of this iOS shortcuts app is introduced with macOS Monterey for you to be able to use all of your iPhone shortcuts (and more) on your Mac. Throughout macOS, Apple has designed a gallery of pre-built shortcut options. Shortcuts can be accessed from the menu bar, Finder, Siri, Spotlight, etc. These new shortcuts support adding, removing, or querying tags with reminders.</p><h3 id="improved-passwords">Improved Passwords</h3><p>The passwords section of System Preferences lets you manage passwords. You can generate two-factor authentication codes using the newly built-in authentication feature right on your Mac without using an external app. Also, in System Preferences or Safari, you can import and export passwords from other password managers.</p><h3 id="data-security">Data Security</h3><p>With additional security fixes and privacy upgrades, macOS Monterey 12.3 will help keep you and your data safe. For enhanced security, the Mail Privacy Protection prevents senders from tracking your mail activities, and the Control Center now shows the apps that are accessing your microphone.</p><h3 id="bug-fixes-in-macos-monterey-123">Bug Fixes in macOS Monterey 12.3</h3><p>Apple has also fixed several bugs in version 12.3. These include opening articles in the new widget's Today view, distorted sound while playing videos in the Apple TV app, and fixing issues while organizing albums in Photos.</p><h3 id="downgrading-from-macos-123">Downgrading from macOS 12.3</h3><p>In the event that you encounter problems with macOS Monterey 12.3, you can downgrade your Mac's software back to an older version. This option is available without any validity.</p><h2 id="summary">Summary</h2><p>With these discussed features, additional enhancements have contributed to making this release a big success. Apple has not announced a release date yet for the next version of macOS Monterey 12.3, and there have been no known updates for macOS since Monterey 12.3. Accordingly, we expect Apple to release a new version of macOS Monterey shortly.</p>

Tech News

A Complete Review on the Latest macOS Monterey 12.3 Update

<p>The internet has fundamentally reshaped the course of human history for about four decades now. And it continues to evolve each day. The internet has revolutionized communications to such an extent that we increasingly use it every day for nearly everything. One of the simplest examples of Internet advancement is that people no longer spend hours staring at computer screens; instead, they use their mobile phones while on the go to stay connected. In the brief history of the internet, the creation of Web 2.0 in the first decade of the 21st century created its own revolution. However, two new terms have intrigued people and promise a whole new world of modern-day internet in today's time. We call them Web 3.0 and Metaverse. Before you read further, it's important to know that both of these concepts are not alike. The purpose of this article is to clarify the difference between Web 3.0 and Metaverse, and the ways in which each has been recognized.</p><p>It would be unfair to say that neither concept has been fully developed. Web 3.0 is considered the internet of the future, and the Metaverse is how the internet might seamlessly integrate into our daily lives.</p><h2 id="what-is-web-30"><strong>What is Web 3.0?</strong></h2><p>Web 3.0, also called Web3, is a third generation of the internet that provides a faster, easier, and more efficiently personalized user experience by connecting decentralized data through the internet. It uses blockchain, cryptocurrency, non-fungible tokens, and other technologies to create platforms built on edge computing concepts and artificial intelligence. The term Web 3.0 was coined in 2014 by Gavin Wood, Ethereum's co-founder, though John Markoff of the New York Times is also credited for coining the term back in 2006. As envisioned by many, Web 3.0 would provide complete privacy and decentralization far from the tech giants and simplify scalability and data security. This new paradigm of open, trustless, and permission less networks will eventually provide the capability of coordinating and incentivizing the long tail of companies, organizations, individuals, and data providers that are the disenfranchised backdrop to many of the world's greatest challenges, such as health, finance, etc.</p><p>Semantic web technology relies on understanding the context and concept of the data to interpret its meaning. Consequently, web 3.0 delivers to users the most accurate and relevant results when they search for answers. With Web 3.0, users can read, write, and interact with content through apps and websites. Instead of centralized databases for storing application state or a centralized web server that hosts the back end logic, Web 3.0 completely relies on the blockchain, which anonymous nodes maintain.</p><h2 id="what-is-metaverse"><strong>What is Metaverse?</strong></h2><p>A metaverse is a network of virtual worlds that utilize augmented reality (AR), virtual reality (VR), and blockchain technologies to foster social interaction within a virtual environment. This virtual environment simulates a digital environment setting and offers a wide range of entertainment and projects that are based on the real world. Metaverse proponents predict humans will be able to navigate virtual worlds as digital avatars in the near future. To understand Metaverse in simpler terms, let's take the example of online shopping. In an alternative to 2D applications on a mobile device or browsing the web by flipping through pages, Metaverse allows users to interact with websites as in-game characters or avatars, such as shopping in a 3D mall or exploring a 3D building. A virtual building will allow users to seamlessly interact in 3-dimensions and immerse themselves in the virtual world. In addition, users will be able to walk or virtually teleport from one "website" to another.</p><p>So, in essence, the Metaverse concept would be a more interactive and immersive internet where users can navigate from one virtual world to another. Compared to Web 3.0, Metaverse fulfills its needs by utilizing Web 3.0 innovations.</p><h2 id="web-30-vs-metaverse"><strong>Web 3.0 vs Metaverse</strong></h2><p>You can clearly differentiate Web 3.0 from Metaverse by their existing definitions. Apart from these technological definitions, the basic difference between both Web 3.0 and Metaverse is that Web 3.0 is the technology that allows online activities to be conducted on it. Alternatively, Metaverse describes a futuristic era in which humans can enter the digital periphery through computer-assisted technology.</p><p>It is crucial to understand that the vital component of Web 3.0 and metaverse comparisons is the underlying technology. Apart from virtual and augmented reality, connectivity, interfaces, decentralization, experiences, and supporting technology form the core of the metaverse ecosystem.</p><p>The web will not change, even though it's version 3.0. It is still a location that will continue to be virtual. A Web 3.0 could also look like today's internet, only with computers and smartphones rather than VR headsets. Web 3.0 intends to create a decentralized web-based only on blockchain and cryptocurrency.</p><p>Metaverse technology still needs to be accessible for it to become a reality, which will be made available only when more tech companies contribute towards it. It will require a completely new web infrastructure and components. It is equally required to build extremely sustainable and powerful computer systems to handle the comprehensive concept of Metaverse. As of now, companies like Facebook, Microsoft, and Snapchat have attempted to create the Metaverse.</p><p>Among the other major differences between web 3.0 and Metaverse would be its possible applications. As you read earlier, Metaverses are new dimensions combining entertainment, gaming, education, simulation-based training, and social networks. All of these metaverse applications are, on the other hand, still being developed. On the other hand, web 3.0 specifies the upcoming version of the internet. Because it applies to the whole internet as a set of standards rather than just specialized apps, web 3.0 affirms to benefit everyone rather than just a small minority of people.</p><h2 id="summary"><strong>Summary</strong></h2><p>While we're seeing glimpses of both Web 3.0 and Metaverse, there is a common perspective that claims that neither is likely to change the status quo of today's internet. On the other hand, it's also true that if these technologies come into existence, they are sure to benefit industries beyond gaming and entertainment. Despite the fundamental differences between Web 3.0 and Metaverse, both can grow and develop into even greater things, and that's why there's so much interest in how the two can bring in new technological advances through their interaction.</p>

Web 3.0

Metaverse

The Actual Difference Between Web 3.0 and Metaverse

<p>While cybersecurity is leading in providing advanced shielding to data, there's a revolting term that has filled the minds of technologists, "<strong><em>Defense in Depth</em></strong>". Although it's an ancient concept, its benefits have recently become widely known and valued in business and industries. Before you continue reading about defense in depth (or DID in short), it is recommended that you know who and when it was invented. <strong>Edward Luttwak</strong> used this term to describe his theory of the defensive strategy while being employed by the late Roman army in the 3rd and 4th centuries AD. Well, now you know why it's called ancient! As you read this article, you will understand the concept of Defense in Depth and how it has mainly helped combat cyberattacks in the healthcare industry.</p><h2 id="whats-defense-in-depth">What's Defense in Depth?</h2><p>Defense in depth is originally a military strategy used to put multiple mechanisms or layers of defense to slow down the advances of an attacker. This same strategy applies in cybersecurity, where security agents or experts put in multiple layers of protection to stop attackers from getting unauthorized access to your data. In simpler terms, if one part of the security solution fails, then another part acts as a resistance to the attack.</p><h2 id="role-of-defense-in-depth-strategy-in-the-healthcare-industry">Role of Defense in Depth Strategy in the Healthcare Industry</h2><p>As organizations have discovered, cyber security alone is not enough to stop the increasing number of data breaches and cyber hacks. Combined with the complexity and sophistication of the attacks, organizations realize they cannot rely only on cyber security measures. Based on this fact, the healthcare industry has grown highly dependent on the defence in-depth strategy for protecting its most valuable asset- "patient data". When cybercriminals attack a facility's data and operation systems, software failures can disrupt care. Due to multiple major and minor cyber breaches each year, the healthcare industry has moved one foot toward advanced cybersecurity practices to prevent all cyber-attacks.</p><h2 id="five-ways-to-implement-this-strategy">Five Ways to Implement This Strategy</h2><h3 id="physical-security">Physical Security</h3><p>One primary way to apply defense in depth strategy is by<strong> </strong>physical security. Here, physical security refers to protecting buildings or host sites that act as the center of all data. Defense in depth strategy in such areas is applied in the forms of biometrics and key cards. The main function of the key cards or biometrics is to block unauthorized access. Along with host site protection, the physical safety of devices is equally important. Loss of electronic health information is the most common way cybersecurity is compromised, whether by accident or theft. It mostly happens due to a loss of data storage devices. Such devices should include limited physical access. It is also important to protect the storage devices from all environmental hazards such as fire, water etc.</p><h3 id="network-security">Network Security</h3><p>You might be wondering how to start controlling connectivity across all environments! Well, the answer is by implementing network security.</p><p>Network security can be attained by limiting network access through an organization. Setting up broadband capability within a home or office is quick and simple with wireless routing, network segmentation and network access controls. Moreover, a firewall in a network edge is considered to be a source of network security. But it's a colossal blunder to rely entirely on a firewall. Firewalls are only a piece of the much more extensive security process. Another way to implement defense in depth in network security includes installing and maintaining anti-virus software. An anti-virus software predominantly focuses on preventing the network from external malware and cyber threats through continuously updated protection. The data on an infected machine could be stolen, destroyed, or defaced. Even an attacker can easily take over such systems.</p><h3 id="strong-passwords">Strong Passwords</h3><p>A password is the first line of defense against unauthorized access to a computer. An attacker cannot be stopped from trying to gain access if they have a strong password. However, strong passwords will prevent them from gaining access quickly. A combination of such strong passwords and access controls helps prevent unauthorized access. A strong password should never have sequential numbers or letters. It should not be short or contain any personal information. Rather, it should be a mixture of strong and complex characters to be hacked. Also, it is recommended to update the system regularly and configure it so that passwords can be changed regularly.</p><h3 id="control-access-to-protected-health-information-phi">Control Access to Protected Health Information (PHI)</h3><p>Another protective method to combat cyberattacks using the defense in depth strategy is limiting protected health information access to authorized personnel only. It can be executed by an authorized person or even an administrator. It is imperative to determine which employees should access files prior to setting these permissions. Access can also extend to specific roles such as physicians, nurses, billing specialists, etc. This case requires extensive attention to ensure that staff are assigned with the correct roles and access is provided accordingly.</p><h3 id="end-to-end-encryption">End-to-End Encryption</h3><p>Healthcare organizations should use end-to-end encryption methods to transfer information between two endpoints securely. It reduces the impact and costs of a data breach massively. Encryption is one of the most effective means of technical security. Traditionally, encryption is seen as an application-level feature, but including it to the application itself can add an important layer of defense-in-depth by shielding the system from infrastructure-level failures. During a transaction, the data containing patient details is encrypted at the sender's end, and it remains encrypted throughout the process. Additionally, the data remains encrypted after reaching the recipient's system. An authorized person or recipient can decrypt this protected information.</p><p>Overall, to maintain the highest level of security at all times, organizations must take multiple defense-in-depth measures. This strategy promises that healthcare data will be protected for the foreseeable future.</p>

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Cyber Attacks

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Healthcare

Top 5 Defense In Depth Strategies to Combat Healthcare Cyberattacks

<div><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="background-color: rgb(249 249 252/var(--tw-bg-opacity)); color: rgb(14, 16, 26); font-family: &quot;Times New Roman&quot;, serif; font-size: 12pt;">Humans seek new ways to develop and grow their lives and surroundings. We live in a fast-paced world where almost everything is digitized and developed. The technology revolution has helped humans explore the endless possibilities of creating and enhancing platforms for better user experiences. It all began in 1989 in the form of Web 1.0, and today we are on the verge of achieving a new height in terms of Web 3.0. In 2014, Gavin Wood, the co-founder of Ethereum and inventor of Polkadot, introduced the idea of Web 3.0. It focuses on bringing changes to the world of social media and cryptocurrency trading. In the course of Web 3.0's development, you will experience a multitude of benefits and transformations, but the world is yet to be familiarized with all these changes. As time passes and developments take place, you will soon be aware of it. For now, this article will introduce you to Web 3.0 and how it's a game-changer in terms of decentralizing social media.</span><br></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">&nbsp;</span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">But before you read further, here's exactly what you need to know about Web 3.0.&nbsp;<br><br><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><b><span style="font-size: 18pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">What is Web 3.0?</span></b><span style="font-size: 18pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);"><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">In comparison to Web 1.0 and Web 2.0, the latest Web 3.0 is totally contrasting. Web 1.0 users could use the internet mainly in a read-only mode, and no interaction with the virtual world was available. It then evolved into a higher version with enhanced features in Web 2.0. It allowed users to interact with the internet because of developments in web technology such as JavaScript, HTML5, css3, etc. During this era, companies created interactive web platforms like YouTube, Facebook, Twitter, and many more. Web 2.0 could not guarantee a decentralized platform offering users total privacy.<o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">&nbsp;</span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">But today, Web 3.0 is contemplated to be the latest evolution of the internet. It uses artificial intelligence, blockchain, and decentralization techniques to process data with near-human intelligence. These characteristics of blockchain contribute to Web 3.0's features, and they have a dramatic impact on social media operations. According to experts, in Web 3.0 users will reach a point on the internet where every company is run by a decentralized group, specifically termed DAO (decentralized autonomous organization). The DAO runs on the blockchain using an algorithm that does not require a manager or third party.<br><br><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><b><span style="font-size: 18pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">Features of Web 3.0</span></b><span style="font-size: 18pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);"><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">The first key feature is&nbsp;<b><i>decentralization</i>.</b>&nbsp;With Web 3.0, machine learning and artificial intelligence drive decentralization, while blockchain technologies enable blockchain transactions. Blockchain helps to centralize data storage while establishing trust with the virtual world. Consequently, it lets users access data relevant to their preferences without requiring permission from third parties. This would allow users to have greater control over the information that companies like Google, Twitter, and Meta hold.<br><br><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">The second feature is entirely&nbsp;<b><i>trustless and permissionless</i></b>. It implies direct interaction between participants without needing an intermediary or a governing body's permission. Consequently, it lets users access data relevant to their preferences without requiring permission from third parties.<br><br><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">Thirdly, Web 3.0 uses&nbsp;<b><i>artificial intelligence</i>&nbsp;<i>and machine learning</i></b>. Through semantic web concepts and natural language processing, computers will be able to comprehend information like humans. By applying semantics to search and analysis, web technologies can be improved for creating, sharing, and connecting content. In addition to this, Web 3.0 uses machine learning that mimics how humans learn by using data and algorithms.<br><br><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">The fourth feature is&nbsp;<b><i>connectivity and ubiquity</i>.</b>&nbsp;In Web 3.0, the internet will be accessible to anyone anywhere at any time. It uses the internet of things (IoT) to launch various smart devices. The internet-connected devices will no longer be limited to PC and smartphones. The future internet-connected devices will not only be limited to computers and smartphones like Web 2.0 but also bring forth many new types of devices that work on the fundamentals of IoT.<br><br><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><b><span style="font-size: 18pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">Here's How Web 3.0 Will Revolutionize Social Media</span></b><span style="font-size: 18pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);"><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">With a decentralized method, Web 3.0 will divide the ownership of channels among all participants. These new centralized networks will be based on blockchain technology, the same as Bitcoin and Ethereum. It is effectively a transparent digital ledger that can record transactions that cannot be altered. This decentralized technology even tinkers with data privacy by allowing you to choose whether you want your information to be available to the public.<o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);"><br></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">Web 3.0 comes with a new form of mobile transactions in the form of DApp. DApp will bring a paradigm shift in the world of social media. Now here a question arises on how DApp social media varies from the existing social media of Web 2.0?<br><br><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">You might be familiar with social media applications like YouTube, Twitter, Facebook, and Instagram, which are part of Web 2.0. But with Web 3.0, decentralized applications would provide better transactions between creators and developers using blockchain technology. The social media platforms you currently use earn huge money through the content posted by creators, yet, the creators receive minimal value for it. Web 3.0 social media platforms like Steemit, Hive, Hyper, Rekt.news, Mirror.xyz etc. will alter this and provide better financial rewards to the content creators. DApps offer built-in payment layers, which eliminate undesirable third parties and unwanted expenses.&nbsp;<br><br><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">Content creators can also sell their content or monetize their content using NFTs. You can purchase and sell NFT tokens to own unique digital items. NFT tokens represent almost any kind of digital item, including arts, graphics, music, videos, images, etc. Several notable NFT sales have occurred recently, including Jack Dorsey, CEO of Twitter, selling his first tweet and Elon Musk selling a song about NFTs. You can use platforms like OpenSea, Nifty Gateway and Rarible for NFT transactions.<br><br><o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">One of the major advantages of Web 3.0 will be that you can own and control the social media content you create, and the value you create can also be divided as per the agreement between them and the platforms. Even the multifaceted means of generating income will enable creators to reach out to a larger audience. Web 3.0 ensure that it provides an enhanced user experience by analyzing users' social media posts, comments, and likes which are vital to enable content recommendations. According to experts, Web 3.0 will give you the freedom and authorization to have complete access to your data. You can easily access your data from anywhere and at any time.<o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);"><br></span></p><p class="MsoNormal" style="margin: 0cm; line-height: normal; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span style="font-size: 12pt; font-family: &quot;Times New Roman&quot;, serif; color: rgb(14, 16, 26);">Finally, Web 3.0 will feature better and more advanced data privacy since third parties will not be involved. Based on decentralized networks, Web 3.0 will revolutionize the economy, transform the delivery and consumption of goods and services, and alter the way businesses operate, thereby transforming culture, society, and individuals.<o:p></o:p></span></p><p class="MsoNormal" style="margin: 0cm 0cm 8pt; line-height: 15.6933px; font-size: 11pt; font-family: Calibri, sans-serif; color: rgb(0, 0, 0);"><span lang="EN-US">&nbsp;</span></p></div>

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<p>Cloud technologies are proving to be very successful in all companies globally. To further implement and extract maximum benefits of cloud computing, companies are now migrating to a hybrid cloud computing environment. The hybrid cloud incorporates a private cloud and a public cloud, which is typically accessed via a connection from an on-premises data center to a public cloud. Additionally, the connection can include other private assets, such as edge devices and clouds. In this post, you will learn why companies have implemented hybrid cloud computing, its drawbacks, and solutions.</p><p>An industry survey conducted on 2020 data showed that 93% of businesses had adopted a multi-cloud strategy, and 83% used hybrid cloud technologies. Meanwhile, companies' rate of adapting private cloud has been increasing every year.</p><p>Companies are embracing hybrid cloud computing due to its major and promising benefits. The hybrid cloud computing model enables companies to simultaneously maintain private and public clouds by deploying highly sensitive workloads into the private cloud and hosting less-critical resources on a public cloud. These benefits are not without their drawbacks, however. Below are some of the hurdles that companies face with hybrid cloud and ways to handle them.</p><h2 id="complexity-in-operations-and-management"><strong>Complexity in Operations and Management</strong></h2><p>Public and private cloud working as a combination brings complexity to the companies' IT environments from a management and security perspective as they increase their reliance on cloud services. To tackle such operational complexities, companies should involve solutions to simplify the views of the systems. The operations team can easily accomplish this goal using native operations consoles provided by AWS, Microsoft, and Google. Furthermore, tools such as cloud management platforms (CMPs), cloud service brokers (CSBs), resource governance, multi-platform monitoring, multi-platform management etc. enable companies to simplify operations and management.</p><h2 id="costs"><strong>Costs</strong></h2><p>Including a hybrid cloud has brought another hurdle for companies regarding increased costs. Even though migrating to the cloud can reduce costs, hybrid cloud adoption comes with neglected costs. To minimize the hurdle of increased expenses, companies should track the usage of all cloud infrastructure components without having to intervene manually. In addition to identifying unused cloud resources, this cost-cutting feature shows how to use those resources more efficiently.</p><h2 id="migration"><strong>Migration</strong></h2><p>Migration from a data center or public cloud ecosystem to a hybrid cloud infrastructure is the initial and most challenging step. To attain success in this step, it becomes a vital requirement for companies to ensure that the systems and applications in use will adapt to this new hybrid cloud environment without any disruption and are operable across an on-premises framework. Also, it is equally necessary to plan the provision of data, storage, network, security, and application stacks. Migrating to an advanced and robust environment should emphasize both operational and performance workload features for better results.</p><h2 id="compliance"><strong>Compliance</strong></h2><p>Compliance is another hurdle that comes up for companies while adopting the hybrid cloud model. Compliance here refers to that the companies should comply with governmental or industrial certifications and regulations to provide service through hybrid models. When planning for workload and storage, ensure the team takes into account any specific regulations of the company. Another area that needs much attention is technical compliance which plays a major role. To attain knowledge and experience in technical compliance, companies can arrange training for both IT and DevOps teams.</p><h2 id="compatibility"><strong>Compatibility</strong></h2><p>For companies who are trying to launch a new working environment, compliance and compatibility go hand in hand. When they switch to a hybrid cloud model, the chances of reduction in compatibility increases. To attain profit in the area of compatibility, it is widely necessary that all companies check if the existing tools are compatible with the new environment. In case of incompatibility, they can move ahead by acquiring new tools and providing required training to the specific teams.</p><h2 id="security"><strong>Security</strong></h2><p>Interception and alteration of data in motion are two of the leading threats. The hybrid cloud is one of the riskiest, most sensitive, and error-prone processes. Multi-platform data transfer and access increase the risk to the company. It is essential that companies review all security policies and avail all means of data protection. Also, this data is prone to a cyberattack which causes irreversible loss. One of the common ways to engage security measures in data protection is software encryption. Also, the transfer of data between a public and private cloud through multiple known and unknown vendors can hamper data security. Companies should take preventions to avoid all such attacks by securing hardware with hardware security modules (HSMs). Using Internet Protocol Security (IPsec) between hosts that communicate using the Internet Protocol (IP) ensures the safety of data in motion.</p><h2 id="governance"><strong>Governance</strong></h2><p>As you know, governance is solely responsible for how IT is effectively used for a company's benefit; introducing a complex hybrid cloud environment can impede it. It is necessary that companies focus on a target operating model that outlines the roles and responsibilities of each team. Ideally, enterprises should have a flexible governance model that enables them to transition from on-premises to cloud services quickly and smoothly. To ensure better governance, it is important to consider the following practices:</p><p>? Framework to request and access cloud resources.</p><p>? Access to cloud services</p><p>? Manage cloud workloads</p><p>? Prevent budget overruns and non-compliant activities.</p><h2 id="conclusion"><strong>Conclusion</strong></h2><p>Companies can take full advantage by adopting an open hybrid cloud strategy. Having a hybrid model allows stakeholders to pick the environment that is right for their specific use case. The on-premises space is also reduced with a hybrid cloud model compared to a strict private one. Companies that can't afford to design and build their own massive private data centers as well as startups seeking cost-effective scalability, will benefit from this model. With these solutions, they can overcome all hurdles and build a strong, flexible, and secure cloud environment which provides maximum information efficiency. In a nutshell, it includes infrastructure, software, and platforms that allow all kinds of organizations to function.</p>

7 Ways Big Companies Handle Hybrid Cloud Hurdles

<p>In today's world with countless multiple cybercrimes and attacks taking place each day, it becomes your highest priority to protect all your data and devices available at home or personal workspace. The most common at-home gadgets range from computers, tablet, phones, TV, Wi-Fi etc. Wi-Fi among all these is the most used. <strong><em>Did you know that you?re Wi-Fi router needs protection too? </em></strong><br>You may be unaware of the security risks that comes up when you do not have a protected secure Wi-Fi router. Wi-Fi is nowadays leading the list of devices that hackers love to exploit. Wi-Fi hacking can be an outcome of even the slightest loophole you create while connecting the devices or setting up the router.</p><p>If hackers can gain access to your Wi-Fi network, they can easily steal all confidential information including your personal and financial data, infect your devices with viruses and malware. Accessing your Wi-Fi network automatically gives them the benefit of committing cyber-crime from your device or even launch a Distributed Denial of Service (DDOS) attack.</p><p>You can follow few easy and effective precautions to protect your Wi-Fi router which will make all potential hackers scratch their head.</p><p>Here?s a list of  the ten amazing tricks to protect your Wi-Fi Router from potential hackers:</p><h3 id="1-create-new-username-and-password">1. Create New Username and Password</h3><p>All Wi-Fi routers come with their default user ID and password which can be easily hacked. It is highly recommended to change  the username and password mentioned on your router. You should create a strong new password which cannot be easily cracked.  This new password should have a minimum of eight characters combining of alphabetical characters, numbers, and special symbols.</p><h3 id="2-change-the-wi-fi-router-ssid-name">2. Change the Wi-Fi Router SSID Name</h3><p>SSID (Service Set Identifier) is the ID or name of your network that can be viewed by anyone with a wireless device within a specified range. In general terms, it is the Wi-Fi name which you look for when connecting wireless computers and devices. Most devices are configured with a default network name that has been allocated by the manufacturer and it comes up with cybersecurity vulnerabilities which gives potential attackers more information related your network that serves their motive of breaking into it. SSID hiding is a feature that enables you to hide your network name from the list of people in the surrounding area. It is always better to rename your Wi-Fi SSID name to something that is not easily identifiable. It is one of the easiest and simple way to protect your Wi-Fi network.</p><h3 id="3-hide-your-wi-fi-network-name">3. Hide your Wi-Fi Network Name</h3><p>Hide your connection?s name is to enhance your home network security. This is an operation you can perform on the router?s online settings platforms.</p><h3 id="4-create-a-separate-guest-network">4. Create a Separate Guest Network</h3><p>Many routers have a feature that enables you to create a  guest network with a different name and password. It provides better security by protecting your personal Wi-Fi network from being accessed by guest users and prevents malware from the guest?s phone or tablet from entering your primary network and your devices.</p><h3 id="5-disable-remote-access-settings">5. Disable Remote Access Settings</h3><p>The remote administration feature lets you log in to your router?s admin settings. It is not recommended for you to log into your router?s admin settings when you aren?t using it. Deactivate this feature to conveniently avoid it from hackers. You can access your settings when your computer is physically connected to your router with an Ethernet cable.</p><h3 id="6-turn-on-wireless-network-encryption">6. Turn on Wireless Network Encryption</h3><p>Encryption is the security method of encoding data from clear text to encrypted text, which the user can only decrypt with the encryption key. Today, the most secure type of encryption to use for your Wi-Fi network is WPA2 (Wi-Fi Protected Access Version 2). The greatest improvement of WPA2 compared to WPA is the usage of Advanced Encryption Standard (AES) for encryption. For older devices that are not compatible to WPA2, make sure to upgrade your home devices for enhanced security and performance.</p><h3 id="7-update-your-router%E2%80%99s-firmware">7. Update Your Router?s Firmware</h3><p>Your router's firmware is the name for the preinstalled, embedded software that governs a hardware (here hardware refers to your router).It manages the control of routing protocols, administrative features, and the router's security mechanism. Firmware can be updated just like your computer?s operating system or any of the programs and applications. It is vital to download and install the latest firmware for your router. This can repair any firmware vulnerabilities and prevent hackers from taking advantage of them. The firmware upgrades can safeguard your router from any vulnerabilities which may be discovered in earlier versions of your firmware Some routers will be able to check for firmware updates automatically. You can always check it manually by  logging in to your router?s admin settings and searching for the firmware section.</p><h3 id="8-turn-off-your-wi-fi-when-not-in-use">8. Turn off your Wi-Fi when not in use</h3><p>Turn off your Wi-Fi in cases when you are not using it or when you are out of your house. There is no benefit in having your Wi-Fi turned on in such situations because it works as an open and available access point for others to hack your network.</p><h3 id="9-enable-firewall">9. Enable Firewall</h3><p>Most Wi-Fi routers come with a built-in network firewall feature. It works as a security barrier between the Internet and your home Wi-Fi network. It protects the broadband connections and scans your home network to protect your network security. It is essential that your home router?s firewall is turned on to add another layer of protection to your home security.</p><h3 id="10-mac-address-filtering">10. MAC Address Filtering</h3><p>Most Wi-Fi routers will have a unique identifier called physical address or Media Access Control (MAC) address. MAC (media access control) address filtering provides an extra layer of protection to your Wi-Fi routers from being hacked. This address allows you to filter and disable unwanted devices which are using your Wi-Fi network. Prior to allowing any device from joining your Wi-Fi network, the router checks the MAC address against a list of approved addresses. If this MAC address matches with the router's list, access is granted as usual; otherwise, it's blocked from accessing the network.</p>

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