Are you using any software that is related to an individual’s information? Anything that deals with patient data? Any applications or tools that deal with the data of a person or a group of people? If your answer is yes, then this question is for you. How compliant is your company’s software with HIPAA while dealing with all those details?
Whether a company is small or large, digital transformation is essential. Every lecture, panel discussion, article, and study about how firms can stay competitive and relevant as the world gets more digital makes that point loud and clear. Many corporate leaders are unsure of what the term “digital transformation” actually entails. Is it merely a memorable way of saying “going to the cloud”? What concrete actions do we need to take?
Cloud cost management tools help organizations get better value from their cloud investments by reducing wasted cloud spend. Cloud cost management tools can broadly be categorized into two types.
Medical device companies who wish to sell their products in their respective countries must adhere to the regulations provided by the country’s regulatory bodies for labeling medical devices. Do you know? One-third of all medical errors are caused by poor labeling. Labeling and packaging issues are the leading causes of medication errors. Instructions on medical devices or labelling are things that should be understandable to the user who reads them without any medical knowledge.
Banking has undergone a significant digital transition, which goes far beyond simply switching from a traditional to a digital environment. To evaluate, connect with, and serve their clients, banks and other financial organizations must use a comprehensive digital transformation plan. Understanding client behavior, preferences, and needs is the first step in the fundamental approach to digitalization in banking and fintech.
Firmware is a code or software on the device that allows and enables the device to perform various tasks. The most common architectures for IoT devices are ARM and MIPS. Firmware provides the necessary instructions on how to communicate with hardware. Firmware is held in non-volatile memory devices such as ROM, EPROM, EEPROM, and code running on embedded devices. Updates to Firmware: Firmware updates are often pushed to fix bugs, roll out new features, or improve security.
Cloud computing is an innovation that has witnessed more tremendous growth than any other emerging technology in the last century in a very short period of time due to the numerous benefits that it offers that every sector and business can take advantage of.
The ever-rising competition in the e-commerce business has put unprecedented pressure on companies to maintain seamless supply chains. Globally, companies spend an average of €300 billion every year on warehouse management, either by outsourcing to a third party or managing in-house. Today’s consumers expect instant delivery of products, and to cater to their demands, companies must optimize end-to-end warehouse management.
One of the technological evolutions that has caught the attention in recent times is Non-Fungible Tokens (NFTs). It has been a phenomenon, with the values of some of the NFTs reaching astronomical heights. It remains to be seen whether this will be a bubble like the Tulip Mania or the Dot Com bubble, or whether it will mature into a viable technological option.
ISO 20022 is an international standard for exchanging electronic messages between banks and financial institutions. It gives the finance industry a common language and model for sending payment messages and exchanging payment data across the globe. ISO 20022 is an open global standard for financial information. It provides consistent, rich, structured data that can be used for every financial business transaction.
