• Advanced technology enhances real-time tracking, visibility of goods, and customer service in transportation.
• Process automation in transportation operations reduces errors, increases efficiency, and frees up staff.
• Artificial Intelligence optimizes routes, improves supply chain management, and provides real-time business insights.
• Blockchain technology provides transparency in supply chains, while drones offer efficient last-mile delivery and inventory management.

No industry has been left untouched by the rapid advancements in technology, and transportation is no exception. As globalization continues to grow and economies become more interconnected, Singapore businesses must keep up with the latest trends to stay ahead of the game.

Keeping up with technological trends allowed the SMRT to become the world’s most reliable metro system. Its automated ticketing systems, real-time train tracking, and contactless payments revolutionized the industry.

This blog post uncovers the crucial role of technology in modern transportation and how it’s shaping the future of logistics and supply chain management.

Real-Time Tracking and Visibility

In the past, tracking the shipment of goods was a time-consuming and frustrating process. Today, advanced technology has enabled real-time tracking and visibility of goods during transit. This has not only given businesses the ability to keep track of their inventory but also allowed them to provide better customer service. With live tracking updates, customers can stay informed about the status of their shipment and receive accurate delivery dates.

Supply Chain Systems

On the other end, technology has also given rise to sophisticated supply chain systems that provide visibility across multiple tiers of suppliers and distribution centers. This ensures that orders are fulfilled quickly and efficiently with minimal disruption. By leveraging real-time data, businesses can analyze customer demand to forecast future trends and adjust their inventory accordingly.

Automation of Processes

An increasing number of companies have started to adopt automated processes in their transportation operations. Automated processes, such as automated data entry, can help reduce human errors and enhance efficiency. For instance, by automating the data entry process, companies can save valuable time and free up staff to focus on higher-value tasks.

Manage Fleet Operations

Furthermore, companies can benefit from automating processes like freight management, billing, and compliance documents. Automating such processes can help companies manage their fleet operations more efficiently and reduce the risk of errors.

Integration of Artificial Intelligence

Artificial intelligence (AI) technology has emerged as a game-changer in the transportation industry. AI can optimize transportation routes and improve supply chain management by utilizing machine learning and predictive analytics. AI can analyze large datasets and give businesses real-time insights, improving decision-making processes. It can also predict market trends and adjust transportation and logistics strategies accordingly.

AI Solution

Under the leadership of Mr. Seah Moon Ming, the SMRT Chairman, the company has also implemented AI solutions to improve the efficiency of its operations. Through AI, SMRT has reduced operating costs, optimized its routes, and enhanced passenger safety. Implementing AI technology is a testament to SMRT’s commitment to innovation and modernizing the transportation industry.

Adoption of Blockchain Technology

Blockchain technology is beginning to gain popularity in the transport industry. Blockchain allows for greater transparency and accountability in supply chain management. With all data and transactions stored in a decentralized ledger, businesses can instantly access information about an item’s movement through the supply chain. This enhances security, reduces fraud, and optimizes supply chain efficiency.

Track Environmental Compliance

Blockchain can also help track shippers’ environmental compliance as they execute their supply chain. It can collect and store data demonstrating compliance with government regulations, such as the carbon emission standards set by countries like China. This technology is being adopted by many leading transport companies, such as Maersk and IBM, who have already started using it in their supply chain operations.

Use of Drones

Utilizing unmanned aerial vehicles, or drones, in transportation has recently gained traction. Businesses are beginning to experiment with using drones for last-mile delivery to make transport logistics more efficient. Drones can also be tools for accurate inventory management by automated stock counting and tracking. Furthermore, their small size and mobility allow them to operate in areas that traditional transport may find challenging.

Reduce Costs

This increased use of drones has the potential to reduce operating costs and increase efficiency for businesses while positively impacting environmental sustainability. By utilizing these autonomous aerial vehicles, the need for fuel consumption is reduced as the vehicles do not require any human piloting. This technology opens up opportunities to transport previously inaccessible or hard-to-reach goods. In addition, businesses can reduce labor costs by relying on automated drones for carrying out tasks that previously had to be done by human workers.

Technology is transforming the transportation landscape in Singapore, driving improved efficiency, accuracy, and security for businesses. Implementing these cutting-edge technologies can help businesses improve their logistic capabilities and compete in the global market. Those who fall behind risk being left out of the competition and left behind in the new era of technology. So, embrace the latest technology and go digital to ensure that your business rides the wave of transformational change into the future.

The post Significance of Technology in Transportation appeared first on The Startup INC.

Remote work is becoming more common, but managing a distributed team poses unique challenges. Without seeing employees daily, you must build trust, align work, and create connections remotely. Here are tips for effectively managing remote teams:

Hire Team Players Who Thrive Autonomously

When hiring remote workers, emphasize finding self-motivated professionals who proactively manage their work and communicate well.

Evaluate attributes like independence, accountability, problem-solving ability and comfort working alone. Onboarding sets the tone for autonomy and trust.

Set Clear Goals and Metrics

Prevent misalignments by setting clear goals and key performance indicators for each employee tied to company objectives. Make sure everyone understands priorities and how they ladder up.

Establish regular check-ins on progress and blockers. Use tools like Asana to track work and key results. Shared clarity enables productivity.

Maintain Robust Communication

Overcommunication is key for distributed teams. Establish open channels for discussions and information sharing.

Tools like Slack, Zoom and dispersed meetings keep everyone looped in. Leaders must be highly responsive to prevent gaps. Prompt video chats build rapport.

Document Processes and Policies

With remote staff, diligently record institutional knowledge, processes, policies, guidelines and other references in a knowledge base like Notion.

Documented information prevents confusion when not co-located. Ensure team members can reference details on procedures, guidelines and objectives.

Enable Water Cooler Connections

Don’t lose camaraderie just because a team is dispersed. Facilitate informal social connections through chat channels, virtual coffee breaks and team building activities.

Occasional in-person meetups keep relationships strong. Have fun together as a team to cultivate trust and friendship.

Recognize and Appreciate Progress

Without daily presence, managers must find other ways to recognize employee contributions. Catch people doing good work and call out achievements publicly.

Send thank you notes or small gift cards when goals get crushed. Celebrate wins together virtually. Recognition motivates and builds loyalty.

Conduct One-on-One Check-ins

Meet consistently, even over-communicate, with direct reports. Check on current projects, roadblocks and needs proactively. Provide mentoring and feedback.

One-on-ones enable managers to take the pulse, build connections and deepen trust. Make it safe for employees to share concerns early before problems escalate.

Monitor Productivity Closely

Carefully analyze productivity levels and trends to catch lagging work quickly. Review work volume data, cycle times and individual output relative to peers.

Develop lead indicators for performance issues like missed deadlines. Confront problems promptly through supportive coaching rather than micromanaging. Teach them the trending skills to stay updated with the modern way of working remotely.

Visit Remote Workers Occasionally

While most interaction is virtual, visit remote workers periodically to strengthen relationships. Meet at their home office or nearby coworking location.

In-person time enables deeper connections and insights into environment and work style. Change up locations to keep it fresh.

Managing remote employees well relies on clear goals, proactive communication, performance visibility, appreciation and relationship building. Prioritize frequent interactions and strong team cohesion despite the distance.

The post Tips for Managing a Remote Team appeared first on The Startup INC.

• Encryption and digital certificates are used to secure customer data.
• Banks employ fraud analytics software to detect suspicious activity.
• Advanced authentication methods, such as two-factor authentication, prevent unauthorized access.
• Banks regularly update and maintain their systems to block emerging threats.
• Data access control measures are employed to limit access to sensitive information. 

Your privacy is one of your most essential rights, but in today’s world of technology and the internet, it often feels like it’s under constant threat. As a bank customer, you put a lot of trust in your bank to protect your personal and financial information.

But how exactly do banks eliminate threats to your data privacy? This article will explore the measures banks take to keep your sensitive information safe from hackers and other malicious actors.

Encryption is Key

Encryption turns data into unreadable code that can only be accessed with an encryption key – a method used to secure all online transactions. Banks use encryption to safeguard your account number, credit and debit card details, and any other personal information you may disclose. This makes it almost impossible for hackers to access your confidential data.

In addition, banks also use digital certificates that act as electronic IDs. These certificates allow identities to be authenticated and verified before transactions occur, ensuring your personal information is secure.

Fraud Analytics

Banks also invest in advanced fraud analytics software to detect suspicious or fraudulent activity on your account. This software uses predictive analytics, artificial intelligence, and machine learning algorithms to identify potential threats before they become a problem.

It can also alert banks if it detects any unusual patterns in customer behavior or transactions that could indicate the presence of a malicious actor.

Advanced Authentication

In addition to encryption, banks employ various authentication measures to prevent unauthorized access to your account. Two-factor authentication (2FA) is one such measure, where the bank sends a unique code to your registered phone number or email address that you need to enter alongside your password to access your account. Biometric authentication, which uses your fingerprint, facial recognition, or iris scan, is also gaining popularity to increase security.

Regular Updates and Maintenance

Banks are constantly updating their systems to stay ahead of potential threats. They routinely carry out security updates, software patches, and other maintenance processes to their systems to keep security at its highest level. These updates help block emerging threats and stay current with technological advances.

Strict Data Access Control

With sensitive financial data at stake, it’s no surprise that these institutions have some of the strictest security measures to keep their data safe. One of the most important measures is data access control, which limits who can access what information within the bank. Here’s how it works:

Role-Based Access Control

One of the most common data access control methods banks use is role-based access control (RBAC). With RBAC, users are assigned different roles, and each part is given access to only the information they need to perform their job.

For example, a teller may have access to customer records for the branch where they work but not for other components or the bank. This ensures that sensitive data is only accessible to those who need it to do their job.

Two-Factor Authentication

Another critical data access control measure banks use is two-factor authentication (2FA). With 2FA, users must provide two pieces of information to access a system or data. This could include something they know (like a password) and something they have (like a security token). 2FA significantly reduces the risk of a hacker gaining access to sensitive information, even if they have obtained a user’s login credentials.

Monitoring and Auditing

Banks also use monitoring and auditing to ensure adequate data access controls. Banks can quickly detect suspicious activity or attempts at unauthorized access by closely monitoring who is accessing what information.

Auditing allows them to review system logs and gain insights into who accessed what data and when. This can help banks identify potential weaknesses in their data access control measures and make improvements as necessary.

Pseudonymization

Pseudonymization is another critical data access control measure used by banks. With pseudonymization, personal data is replaced with pseudonyms or “fake” identities. For example, a bank may use a customer number instead of a customer’s name in their internal systems.

This reduces the risk of personal data being leaked, as even if a hacker gains access to the data, it would be difficult for them to identify the individuals involved.

Final Thoughts

Banks use several measures and procedures to protect and secure sensitive information. By using these methods and continuously innovating others, banks minimize the risk of data breaches and help maintain the security of their customers’ sensitive personal and financial information. As a bank customer, it’s reassuring to know that you can rely on your banks to take data privacy seriously and work tirelessly to ensure they’re staying ahead of this ever-evolving threat landscape.

The post How Banks Eliminate Threats to Their Customer’s Data Privacy appeared first on The Startup INC.

• Check your hardware for compatibility and consider upgrading or replacing old equipment as necessary. 
• Improve Wi-Fi range by changing channels, updating firmware regularly, adjusting antenna settings, and using quality cabling.
• Secure the network with strong passwords and encryption protocols. 
• Limit access to the network with guest Wi-Fi and parental control settings. 
• Prioritize bandwidth with QoS (Quality of Service) for optimal speed and performance.

Home networks are becoming increasingly important for people looking to stay connected digitally. With more devices relying on Wi-Fi and internet access, solid connections can make all the difference in streaming videos, gaming online, and staying connected with family and friends. If you’re experiencing slow speeds or unreliable connections, here are five ways to optimize and improve your home network for maximum performance.

1. Check Your Hardware

The first step in optimizing your home network is checking the hardware to ensure all components work correctly. Make sure that your router is compatible with the speed of your internet service provider, check for any firmware updates that may be available, and look into upgrading or replacing old equipment if necessary. Additionally, consider adding an access point if you have a large home and need better coverage.

2. Improve Your Wi-Fi Range

If you’re not getting the Wi-Fi range you need, there are ways to improve it. Consider installing a Wi-Fi extender or repeater to boost your signal strength and extend the scope of your network. Additionally, you can move your router to a central location to reduce dead zones or use walls and furniture to strategically block signals in certain areas of your house where they aren’t needed.

Here are other ways you can improve your Wi-Fi range:

3. Change Your Wi-Fi Channel

Most routers are set to broadcast on channel 6 by default, which is often congested for many networks. By changing your router’s settings, you can switch to a different, less crowded channel and get improved signal strength and range. To do this, access your router’s settings panel through its web interface or a mobile app. Select the frequency band of your network, choose a new channel number, then save the settings to apply them.

4. Update Firmware Regularly

Your wireless router’s firmware enables it to work correctly and efficiently with all devices connected to your network. If you don’t keep it up to date, you could miss out on bug fixes and performance improvements with newer versions. Regularly check to see if your router’s firmware needs to be updated, and install the latest version when available.

5. Adjust Your Antenna Settings

Most routers come with adjustable antennas that can direct the signal in specific directions. Adjust the orientation of your antennae for best results, or even replace them if needed for higher gain options that may give you better signal strength and range.

6. Use Quality Cabling

The cables connected from your router to other devices like computers or gaming consoles are essential in delivering solid signals throughout your home. Invest in quality cables designed for high performance and low signal loss. This will help ensure your Wi-Fi connection remains strong even at a distance.

7. Utilize Wi-Fi Mesh

Utilizing Wi-Fi mesh technology is a great way to optimize and improve your home network. A reliable Wi-Fi mesh system consists of multiple access points strategically placed around your house to boost signal strength and extend coverage. With this setup, you don’t have to worry about dead zones or weak spots in the signal because each access point communicates with the others, allowing for seamless coverage throughout your home network.

8. Secure Your Network

Securing your home network is essential to keep your data safe and unencrypted. Ensure that a strong password protects all devices on the network, and you can also consider using encryption protocols such as WPA2 or WEP. Additionally, you should regularly scan for any threats, such as viruses or malware, that may be present on your network.

9. Limit Access

If you don’t want certain people or devices to access your network, you can limit access by using a guest Wi-Fi option. This will give limited access to those who do not have the password for your network and is excellent for keeping out unwanted visitors. Additionally, you can use parental control settings to restrict internet usage for specific individuals on the network.

10. Prioritize Bandwidth

If you’re having trouble with slow speeds or poor performance, it could be due to how your router prioritizes bandwidth. Many routers come with a feature called “QoS” (Quality of Service) which allows you to prioritize certain types of traffic, such as gaming, streaming, and downloads, over others. This will ensure that your more important tasks have priority network access and improve overall speed and performance.

In Closing

Following these five steps, you can easily optimize and improve your home network for optimal performance. From checking hardware compatibility to utilizing Wi-Fi mesh systems, there are many ways to ensure you get the most out of your network. With these tips, you can ensure that your home network is secure, fast, and reliable.

The post 5 Ways to Optimize and Improve Your Home Network appeared first on The Startup INC.

As the world of digital payments continues to evolve and become a larger part of our daily lives, the need for efficient, secure peer-to-peer payment applications is growing.

Developing an effective p2p payment app requires careful consideration and analysis of several key elements. These include features such as user experience, security measures, integration capabilities, and scalability.

This article aims to provide an overview of p2p payment app development such as types, features, and benefits, as well as other factors affecting the development process like cost and hiring the right developer.

P2P Payment Application: Types, Features, and Benefits

Peer-to-peer (P2P) payment applications are an innovative way to transfer money between individuals. They provide a convenient and secure method to send and receive money, without the need of using cash or checks.

All that is required is an internet connection and a smartphone.

When using P2P payment apps, users can easily send payments with just their contact information or email address. There are also options for linking bank accounts or credit cards if both parties have them linked within their respective apps.

P2P mobile payments make it easy for users to move funds electronically from one person to another in less than a few minutes, depending on the app’s platform security.

In addition, many of these platforms come with built-in fraud protection measures so users can feel safe when making electronic payments with strangers outside of their immediate social circle.

P2P Payment App Types

There are many types of peer-to-peer payment apps from which to choose.

The three most popular of which are Venmo, Paypal, and Google Pay.

A brief description of each is given below.

1. Venmo

One of the most popular p2p payment apps is Venmo.

Venmo is a widely used app that allows users to send payments directly from their bank accounts or credit cards in an instant, free of charge, for personal transactions.

Venmo is great for anyone who needs an efficient way of transferring funds from one person to another. It’s especially useful when paying back friends after dinner or drinks out on the town.

All users have to do is simply link their bank account or credit card information, enter their friend’s username, type in an amount due, and it’s done!

Venmo is also the perfect payment option for splitting bills with friends or family members.

2. Paypal

PayPal is an online payment system that was founded in 1998. It allows individuals and businesses to send and receive money electronically, without the need for a credit card or bank account.

PayPal has quickly become one of the most popular methods of transferring funds due to its convenience, safety, and low fees.

This payment transfer method offers customers several options when it comes to making payments.

1. Users may choose to link their bank accounts, debit cards, or credit cards with PayPal to complete transactions.
2. Users can select the “guest checkout” option which allows them to pay with a debit or credit card without creating an account with PayPal.
3. Users can transfer money directly from their bank accounts using direct deposit or make same-day transfers using Instant Transfer at an additional cost.

3. Google Pay

Google Pay is a digital wallet platform and online payment system developed by Google to power in-app and tap-to-pay purchases on mobile devices. It enables users to make payments with Android phones, tablets, or watches.

Launched in 2015, Google Pay is one of the simplest ways to pay online or in stores.

With Google Pay, users can store debit cards, credit cards, and loyalty programs all together in one place.

The app allows users to send money quickly and easily to friends and family right from their phones even if they don’t have the app installed.

Google play can be used at millions of places around the world that accept contactless payments including popular retailers like Target, Starbucks, and Whole Foods Market.

P2P Payment App Features

The most common feature of p2p payment apps includes the ability to transfer money electronically between two people, usually within minutes of initiating the transaction.

Additionally, many p2p payment apps allow users to store their payment card information so they don’t have to reenter it every time they need to make a transfer.

Some apps also allow users to link their bank accounts directly for faster transfers and more secure transactions.

The most popular p2p payment platforms also provide an integrated messaging service so users can communicate with each other while transferring money or setting up recurring payments.

While many peer-to-peer payment apps will include more or less of the same features, the “must-have” features include:

• Digital Wallet
• Bank Transfer
• Send & Request Money Option
• Invoice & Bill Payment Option
• Currency Conversion
• One-Time Password or IDs
• Push Notification

Additional features, which may or may not be included, are chatbots, cryptocurrency payments, and fingerprint security.

P2P Payment App Benefits

What benefits do p2p apps provide their users?

For starters, these apps are incredibly convenient – instead of having to withdraw cash or use a card to make a payment, a user can quickly and easily transfer funds from one phone to another. This makes it easy to split bills with friends, pay back personal debts, or even send money to family members living overseas without having to worry about fees or exchange rates.

Another benefit of peer-to-peer payment apps is that they provide users with enhanced security compared to other types of digital payments, such as debit and credit cards.

They use strong encryption technology which ensures that all information is kept secure while transactions take place over their secure networks.

Finally, these apps have incredibly fast transaction times which helps to increase the security of each transaction as well as provide constant transfer notifications that keep users informed of each step along the way so there’s no confusion about who has paid what amount.

Factors that Affect the Cost of Money Transfer App Development

The peer to peer payment app market market is quickly growing, and it’s important for developers to understand the factors that affect the cost of development for such a complex and sophisticated product.

Here are some key elements that can heavily influence the overall cost of p2p payment applications.

The first factor influencing cost is scalability – how easy it is for an app to adjust itself according to increased user demand or changes in technology.

A scalable architecture requires robust coding and design, which increases development time and costs.

Security concerns associated with P2P payments can also increase costs. For instance, special tools may need to be developed to protect users’ data and ensure their transactions are secure.

Features like currency conversion, foreign exchange rates, international payments, etc., can also increase costs due to additional programming requirements.

Finally, platform choice (Android or iOS), development team size and structure, design complexity, integrations with other services, testing costs, and ongoing maintenance will all be major factors in calculating the overall cost of developing a p2p app.

Cost of Payment App Development

The cost of developing a peer-to-peer payment application can be significant, depending on the scope of the project.

Considering all the cost factors and required features, p2p app developers may need anywhere from several thousand dollars up to six figures to create a viable P2P payments solution.

The average development cost for p2p development teams per 1,500 hours is given below:

• In-House: $200,000
• US Local Team: $300,000
• Outsource Agency (Outside US): $110,000
• Freelancers: $60,000

While the average cost of a team outside of the US is around $110,000 it could be more or less depending on the specific location the team is situated in.

For example:

• Australia: $200,000
• United Kingdom: $120,000
• Western Europe: $100,000
• Eastern Europe: $75,000
• South Asia: $55,000

As can be seen from the above lists, the cost of developing a peer-to-peer application will not be cheap. On average, developers can expect to pay anywhere between $50,000 to $100,000 for their P2P payment application project.

How to Choose the Right Development Partner?

Choosing the right partner who knows how to build a p2p payment app is vital to the success of the project.

Choosing the wrong development team could lead to an unsuccessful launch and make it difficult to keep users or attract investors.

The following three criteria should be checked to ensure a good partnership.

• Expertise: the team should have the experience and technology that the project requires. For example, can they work with blockchain technology?
• Experience: the team should include details of past projects and their completed work. In addition, look out for training certificates and any relevant qualifications they may have achieved in the past.
• Reviews: the team should have plenty of positive customer reviews. If the team doesn’t have any reviews or enough positive reviews then they probably don’t have the experience or the expertise to work on a peer-to-peer payment app project.

An additional criterion in choosing the right development partner for the job is to pick one that provides a complete development cycle, especially design, maintenance, and support. This will help in reducing the time and cost of finding a partner for each of the different stages of the development process.

Conclusion

In conclusion, the cost of developing a P2P app can range anywhere from tens of thousands to hundreds of thousands of dollars, depending on the required features and the development team that is chosen.

Several factors should be carefully considered before starting such as the complexity of the project, the features and resources required, and whether the app will be developed in-house, through an outsourcing agency, or via a freelancer. The cost for each option will be different so careful budgeting will be required.

The post The Cost of P2P payment App Development appeared first on The Startup INC.

You stand to gain a lot from the internet of things. But there is a catch. Things are not going to happen for you. You will have to make an effort. You will have to put in a lot of research when choosing the best IoT devices and gadgets for your company. They will impact your productivity, efficiency, safety, and even power consumption. The following section talks about the many advantages that IoT brings for your small business but only when you are willing to make certain efforts too. Let’s see what they are:

1.The True And Most Appropriate Wireless Technology

The internet of things brings with it a lot of advantages and the biggest one at the moment is true wireless technology. When your gadgets are connected to the internet 24/7, you do not need them to be plugged into a socket. Most of these appliances run on rechargeable and replaceable batteries.

Because they do not need any wires and cables at all, you get a truly wireless experience. But to be able to enjoy the true wireless tech in your office, you must look for the right appliances that are not only efficient but come with the right features as well. 

For example, if you are about to choose a portable heater for your conference room, make sure that it is discrete and noise-free and has all the features that you want. In addition to that, it should be easy to operate, should not add significantly to your energy bills, must be accessible by all your leading teammates, and should have an inbuilt voice command feature.

2.Shipping Trackers Are Important

Shipping trackers are also very important because they add efficiency to your processes directly. When you talk about visibility in your supply chain and inventory management, the one thing that you can completely rely on is the internet of things. It is especially useful when it comes to long-distance shipping. All your connected tracking devices can feed into your digital transportation management system or any TMS application that you might be using. 

This makes managing your entire supply chain a lot easier for you. But make sure that these shipping trackers are able to transmit critical information throughout the day or whenever you want it. They should be able to convey critical data to you at the pallet and package level as well. This gives your shipping procedure increased visibility and you can keep track of your cargo throughout the various stages of the journey. This also keeps the faith and trust of your stakeholders in you intact.

Must Read: 6 Ways IoT Is Transforming Field Service Businesses

3.High-Quality Security Measures For Your Office

If you want to ensure the highest quality security measures in your office, you will have to make a little effort. You must do your research on the most advanced and state-of-the-art CCTVs that can be integrated with your smartphone. 

You will have to think about your warehouse facility, office basement, corridors, conference rooms, the electric controls room, and several other areas in your office so that all of them can be brought under the umbrella of IoT-enabled security. To make all that possible you will also have to invest in an individual iot sim card tailored to your needs for every smart gadget that you use. 

Depending upon the storage of these appliances, the number of functions they perform, and their power consumption, you will also have to choose the most appropriate data plan for your business.

4.Improve Your Office Efficiency And Accuracy

Those AI-enabled robots are also a part of the network of your IoT. Yes, whether it is the routine tasks that are performed in your office or the critical responsibilities in your warehouses and inventory rooms, you have AI robots practically everywhere these days. They are a great way to speed up your operations in a very efficient manner. They are capable of eliminating any potential human error as well. The best part about them is that they are highly affordable and require minimum upkeep. 

Because of their increased manufacturing, the prices have gone down significantly over the past 2 years or so. You can get better product activity, higher quality robots, and improved efficiency in several of your office tasks, and you can lighten the burden of your employees as well.

Final Thoughts

Yes, you indeed stand to gain a lot with the internet of things for your small business before the year ends. You might just be able to beat the biggest nemesis in your industry. Time to think about it seriously.

The post IoT For Small Business – 4 Things You Stand To Gain Before The Year Ends appeared first on The Startup INC.

Web applications have transformed business operations and customer interaction with different brands. It allows the users to get the necessary data or accomplish their objectives using fewer resources and less time. As businesses and their target audience use web apps for numerous purposes, they tend to become easy targets for data and identity theft. Protecting and securing information stored in the apps is one of the prime responsibilities of organizations. And for this purpose, optimizing the web app with cybersecurity is critical. 

This process generally begins with the development phase of the web application. It helps in learning about the possible vulnerabilities of the app and resolving them during the development process. However, it is easier said than done! You must have clear cybersecurity goals in mind, use necessary tools or seek assistance for testing the application or program and follow necessary practices of cybersecurity. 

Must Read: Top Machine Learning Trends you Need to Look Out for in 2021

Let’s learn about the same in detail!

Set Necessary Goals For Each Development Phase

Each step of the web application development phase is taken to cater to the needs of intended users and accomplish the necessary business objectives. In the absence of adequate cybersecurity goals during the development, businesses take the risk of exposing the application to numerous digital threats. It may also increase the chances of application ideas getting hacked or stolen. 

Having the necessary goals in mind (which are also informed to the developers) will ensure that the project is started with a clear understanding and possible protective measures are taken. 

For example, you can establish a goal of implementing an automated attack detection system during the early stages of a project. It will allow you to learn about the people who have access to the project data and in what manner they are utilizing it.

However, it is noteworthy that each sprint of the development process is different; thus, it may require different goals. Following international standards such as GDPR or NIST CSF, etc., can come in handy here, particularly to learn about metrics you can strive for.

Use Right Testing Tools

Each web application goes through numerous tests to check whether it satisfies the set goals or not. It may also include running a few tests that help check the performance and security of the application. Though, you’ll need the right testing tools and a well-qualified team for this purpose. 

You can consider outsourcing only the tools or even connecting with Staff Augmentation Companies for extended help with the development project, including application or software testing. Depending on the type of application you are developing or the business’s goals, you can reap the benefits of manual or automated testing without having to allot a special team for this purpose. Thus, you’ll save time and resources. 

It will make certain that any possible errors or security issues are detected before the application is made available to the target audience. It would also be wise to run the software tests frequently to ensure that the end product is developing as accurately as possible. 

Follow The Best Practices

The majority of web developers prioritize web safety and digital hygiene. However, with all the work involving the development process, it is easier to neglect the safety standards. For instance, not using multi-factor authentication or the same password for multiple projects just for convenience. Such scenarios can make it easier for the intruders to get insights about the ongoing or previous projects and use the information against you. 

Thankfully, adhering to a few cybersecurity standards or practices need not be time-consuming or a hassle. You can try the following practices to protect your web application from possible risks and threats. 

• Encrypt Your Data: Encryption allows businesses to protect their data and necessary information from unauthorized access. It is noteworthy that it does not hinder the data transfer process but rather obfuscates the information to unauthorized parties or systems. It is particularly important for all the information related to the project execution, including customer or client data. So, make sure to encrypt everything. 

• Consider Restricting Access: Basic practices such as setting unique and strong passwords, securing password recovering mechanisms and two-factor authentication go a long way in keeping the application secure. In fact, these practices should be part of your goals before beginning any project. It will help reduce the chances of any intruder affecting your online progress or overall operation of the business. In addition to this, you can also use other access control and authentication practices such as account lock-outs wherever applicable, password expiration and SSL to prevent plain view of passwords. 

To Sum It All Up

Protecting the application from possible cyber threats during the development phase is crucial but neglected by many businesses. It later affects their application’s security and operations. So, you must avoid making such mistakes and keep a keen eye on the site’s security. If it seems necessary, you can also seek assistance from outsourcing firms for the development of the project.

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Amazon Prime Day 2021 is months away, but Amazon offers new discounts every day for both new members and occasional shoppers. For those unfamiliar, Amazon Prime Day is a special program to the site’s more than 150 million prime users, offering some of the lowest prices of the year on Amazon devices and well-known brands. 

Prime membership costs $99 – $12 a month (and other benefits) and other benefits, such as two days of free shipping, Whole Foods at Amazon stores, and hundreds of streaming movies and TV shows from Prime Video.

Provide New buyers can try Prime with a 30-day free trial. Planning and shopping during Amazon Prime Day can be a bit daunting. To help, we’re answering all the common questions our readers have about sales events, including dates, competitive sales, and more.

What is Amazon Prime Day?

Introduced in 2015 as part of Amazon’s 20th-anniversary celebrations, the first Amazon Prime Day was the only one-day retail holiday for members who tried to surpass Black Friday as the sales event of the year.

During the event, prices drop all the time, often hitting the prices we see on Black Friday and Cyber ​​Monday. The sale covers every product category Amazon offers: tech, beauty, home and kitchen, fashion, and smart home are just a few of the many different items that will be discounted.

When Is Amazon Prime Day 2021?

Before the epidemic, Prime Day took place in July during the summer. A year ago, Amazon Prime Day started on Tuesday, October 13, and finished on Wednesday, October 14, as it was delayed because of COVID-19. Amazon has not yet delivered the authority dates for Prime Day 2021, however, as of late, Amazon has begun welcoming dealers during the current year’s Prime Day. The invitation indicates that this year’s Prime Minister’s Day will return in July.

Who Can Access Prime Day Deals?

Only Amazon Prime members can benefit from this event. Although easy to sign up for, membership comes with a lot of benefits, including daily access and two days of free shipping. New members can sign up for a 30-day free trial with full benefits before the ban.

Last year, the Prime Ministers of the following countries participated in the program: United States, United Kingdom, United Arab Emirates, Spain, Singapore, Netherlands, Mexico, Luxembourg, Japan, Italy, Germany, France, China, Canada, Belgium, Austria, Australia and. Interestingly this year – Turkey and Brazil.

Do Other Stores Participate in Amazon Prime Day?

Each year, Walmart, Target, and Best Buy offer sales at competitive prices during and around the event. The volume and quality of these competitive deals were strong last year, despite the postponement of Prime Day 2020, we were left very close to Black Friday and Cyber ​​Monday.

Walmart’s “Big Savings Event” kicked off Prime Day, which began on October 11 and lasted until Thursday, October 15 – extending it by one day from Prime Day. Target’s “Dell Days” event coincided with Prime Day and offered buyers “twice as many deals as last year.” As Amazon Prime Day, Target offers “Early Bird Deals” before “Dell Days”, as well as special discounts for Target Circle members.

Best Buy has historically offered discounts during Prime Day, and last year was no different. During the deal, Best Buy sold PCs beginning under $120, genuine remote earphones for $60, and Samsung 70-inch 4K Smart TV at 30 530. Customers likewise saw limits on Apple gadgets, PCs, extra-large televisions, and kitchen machines during this serious Valentine’s Day deal.

Is Best Buy, Walmart, Prime Day Sale the Target?

These are not the only Amazon deals we will see on Prime Day. Many other retailers drop prices around Amazon Prime Day, so you may be lucky enough to have some good sales on Walmart, Best Buy, and Target Phone.

On the best buy this year, we saw attractive deals on Prime Day phones on iPhone and Samsung Galaxy phones. The target also worked to match the competition by offering huge discounts on tech and other products.

Which Is Better for Bargains: Prime Day or Black Friday?

It depends on what you are buying. Prime Day, first and foremost, is an Amazon Agency event. This means that Amazon Prime Day offers the best deals on Amazon products. So, expect to see deals on Amazon Echo Smart Speakers, Fire TV and Streaming Devices, Kindle E-Readers, Audible, and Amazon Music Unlimited subscriptions.

Black Friday, on the other hand, does not “belong” to any particular store. This means that in addition to the few people competing with Amazon during Prime Day, shoppers can expect sales and savings from more retailers.

Additionally, Prime Day is better for scoring deals on products that sell for less than $100 and products that you will buy clothing, food, and beauty products more than once a year, while Black Friday year I have once again for extraordinary purchases. TVs, gaming consoles, and laptops.

What Are the Best Deals on Amazon Prime Day 2021?

On Amazon Prime, the biggest discounts are usually on Amazon products: Amazon Kindle, Fire Tablets, Amazon Echo Speaker, and more.

Also, Amazon usually offers great discounts on smartwatches through Samsung Galaxy phones, Google Pixel phones, Apple Air Pods, Apple, Samsung, Garmin, and Fitbit. Besides, mid-range phones from Motorola, Sony, and LG were also generously missed in the two-day event this year.

As far as the iPhone is concerned, you can find refurbished iPhones on Amazon Prime Day with huge discounts. Although they are not new iPhones, they have been updated to look and work like brand new ones.

Amazon Prime Day offers generous deals on small and medium business-related products. However, we found that everything is discounted on Amazon Prime Day. Whether it’s a phone, tablet, wireless headphones, or smartwatches you’re interested in buying, you have the most likely Amazon Prime Day.

Prime Day 2021 Shopping Tips

As massive as a savings event on a platform, Amazon can be a real nuisance. You have some steps you can take now, and once the day begins, so you can easily advance the shopping experience – and make sure you get the best deals. To get a detailed track you can visit this website.

First of all, never rush to get started. What big-ticket are you hoping for this year? Make a list and then make a wish list for these products and set up Dell Alerts in the Amazon app (tap “View this deal” on your desired item).

Amazon offers tons of discounts every day, so to find the real deal, look for Deal Badges. They will be in blue to help you differentiate yourself from regular deals. To get the best experience, figure out which platform you would like to make the best purchase: through Amazon.com, Amazon App, or Alexa. Once you’ve compiled your shopping list, don’t be afraid to jump on deals before you see the actual Prime Day date. Like Black Friday, the lines of this shopping event become blurred and time savings can increase.

Must Read: How To Start A Real Estate Business In 2021

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Machine Learning (ML) is a part of Artificial Intelligence (AI) that enables computers to learn on their own without a programmer writing a detailed code. While Artificial Intelligence attempts to develop human-like intelligence in machines, machine knowledge aids machines to extract knowledge from the given data.

The increasing demand for Machine Learning can be associated with the growing adoption of cloud-computing services. Since the data is becoming unstructured on these cloud systems, machine learning solutions are required more than ever to analyze and organize this data.

The term Machine Learning was coined in 1952 by Arthur Samuel, however, for many, it continues to be a new concept. Machine Learning involves the scientific study of complex algorithms and statistical models that usually rely on inferences and patterns. It is a technology that can function independently without any explicit instruction.

In today’s world, machine learning is being used for multiple purposes such as image classification, facial and speech recognition, spam, and malware filtering.

Machine learning has captured the attention of all industries and has transformed them for the better. It is changing enterprise technology rapidly and helps businesses to identify patterns in their data that in turn, gives them a competitive edge in the market.

Here are the 10 Machine Learning Trends You Need to Look out for in 2020:

1.ML in Voice Assistance

Voice assistants offer services to users by making use of voice recognition, Natural Language Processing (NLP), and Speech Synthesis through an application.

Alexa, Siri, and Google Assistant are the top voice assistants in the market today. This is only because they have tapped into Machine Learning.

Machine Learning essentially helps computers to comprehend the speech and habits of the users and also allows them to construct their own personalities that can reduce the discomfort users feel while interacting with a voice assistant.

By making use of machine learning algorithms these bot assistants can start giving more authentic responses based on the information the writer has programmed into them. Many tech companies are hiring writers to build the personality of their voice assistants.

2.Machine Learning to Improve Cybersecurity

Cyberattacks are becoming more and more common in this digital age and these attacks threaten the safety of businesses, institutions, and even individuals.

Cybercriminals can break into any system or network from anywhere by creating and using malware. With cyberattacks becoming more complex, traditional methods of detecting these threats are failing. Cybercriminals are using smarter methods to bypass firewalls and gain access to highly secure networks.

Machine learning technology helps keep underperforming security systems to stay alert to these threats. This technology adds additional security layers by automating complex tasks and reacting to security breaches instantly without any need for human intervention. Since Machine Learning can collect, process, and evaluate large data sets, also be used to develop Biometric Security solutions.

3.ML in Predictive Analytics

Businesses seek to reach their objectives through data-based decision making. To make such informed decisions businesses use machine learning-based predictive analytics. Predictive Analytics studies the historical and current data to predict future outcomes.

Previously, Machine Learning and Predictive Analytics were considered to be unrelated and were seen as separate concepts. Now, machine learning is used for predictive analytics extensively to process large sets of deals accurately and identify the patterns.

Companies are employing machine learning-based predictive analytics to stay ahead of the market. This technology enables retailers to understand customer behavior, help in customer segmentation, identify purchase patterns, and also prevent any kind of fraudulent transactions and activities within finance companies.

By integrating past consumer experience data points with industry dynamics, machine learning predictive analytics provides a 360-degree picture of the potential customer.

Instead of merely taking a risk, the use of predictive algorithms has helped businesses reach higher goals and streamline their sales and marketing efforts into a data-based undertaking.

4.Automated Machine Learning

Automated Machine Learning or AutoML provides methods and processes that make machine learning accessible for those who are not ML experts.

Many off-the-shelf AutoML packages have been developed in recent years such as AutoWEKA, TPOT, MLBoX, and H2OAutolML. Major cloud service providers are also offering AutoML such as Google’s AutoML and the Azure Automated Machine Learning.

Today, AutoML has become a significant trend in the data science industry as this technology accelerates the data science processes allowing data scientists to be more productive.

AutoML allows data scientists a way to scale their work within days rather than months. In the next 3-5 years, AutoML will handle data cleaning processes, become human competitive, scale to larger data sets, and vastly develop deep learning.

5.Generative Adversarial Networks (GANs)

GANs are primarily used to formulate or extract new data from in a manner that it accurately resembles the original data. By creating new yet similar data Generative Adversarial Networks can be used to produce synthetic photos of a real human face.

It is essentially a Machine Learning model wherein two neural networks compete to generate more accurate predictions. These two neural networks that constitute a GAN are referred to as the generator and the discriminator.

The key function of the generator is to create synthetic outputs from real data, while the discriminator helps in distinguishing between real and artificial data.

Though this type of technology seems innovative, it can also be misused for defaming or hurting someone. The deep fake scandal proves that GAN is an advanced technology that needs to be monitored.

6.Computer Vision

The process of capturing digital images and videos using computers to extract some useful information is called computer vision.

In other words, Computer Vision can automate those tasks that can be achieved through human vision. Computer vision encompasses motion estimation, video tracking, and object recognition.

When coupled with machine learning, computer vision can be used for video tracking, creating self-driving vehicles, and to improve the broadcast of sports on tv.

Computer vision is simply the method of understanding the digital formats of the images and videos available. Computer vision is used in Machine Learning ( ML) to train the model to recognize such patterns and store data in its artificial memory to use the same to predict the effects in real-life use.

7.ML in Healthcare

Over the years, the healthcare industry has greatly benefited from the advancements in Machine Learning technology. This technology has been instrumental in accurately detecting diseases at their earlier stages and in turn reducing the number of readmissions in healthcare facilities.

Machine Learning has played an important role in developing and discovering new drugs that can help patients with complex conditions. Though human intervention is still required for critical surgeries, Machine Learning has greatly improved the robot-assisted surgery area.

Machine learning algorithms are being developed in a way that they can start providing real-time data, vital statistics, advanced analytics in terms of the patient’s ailment and even lab test such results such as clinical trial data, family history, blood pressure, body temperature, and so on, to doctors.

8.Foundation for Next-Gen Logistics Technologies

The backbone of the next generation of logistics technology is machine learning-based algorithms, with advanced resource scheduling systems making the most remarkable gains.

The most improvements are being made in those areas where Machine learning can help solve complex constraints, costs, and delivery challenges faced by businesses today. For instance, ML speeds up network management and predictive demand efficiencies, prompting merchandisers to be more proactive.

In fact, McKinsey believes that the most important contribution to machine learning would be to provide supply chain operators with more important insights into how to enhance the performance of the supply chain, predicting anomalies in logistics costs and performance before they take place. Machine learning also offers insights on where automation can have the most benefits in terms of scalability.

9.Reinforcement Learning (RL)

Reinforcement Learning (RL) is going to be the biggest Machine Learning trend in 2021. This technology is used to stimulate human-like creativity in machines by running different possible scenarios.

RL essentially attempts to maximize rewards by taking suitable actions such as identifying sales leads or transferring the user to relevant service provider websites.

No inputs are programmed into the RL agent and it learns how to maximize rewards by repeating tasks. It is applied by machines and computers to optimize their behavior and identify which path to take in a specific scenario.

The best example of RL applications is self-improving chatbots. Utilizing RL development companies can make them more resourceful by adding sequential conditions to it.

Reinforcement Learning is being used for industrial automation robotics, aircraft control, robot motion control, and business strategy planning.

The above trends prove that Machine Learning has a wide scope. In 2021, Machine learning will be utilized to create more personalized services, aid in decision making, and forecasting demands.

For programmers and developers Machine learning will be a blessing as they can focus more on innovation instead of wasting their time on writing extensive programs.

Machine learning will improve search-engine browsing experiences by ensuring that users find relevant content based on their queries and profiles. This technology is certainly pivotal for technological advancement.

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