By overcoming the established engineering disciplines and tackling each engineering issue, Digital Engineering intends to speed up the development of complex products, systems, and sub-systems. System engineering approaches applied to complex products like jet planes, spacecraft, navigation systems, and others slow down progress for several reasons. Digital Engineering changed that system process into a more fluid, consistent, and workable approach for complex systems.

Organizations can manage daily operations and automate back-office procedures using enterprise resource planning (ERP) software. Financials, accounting, purchasing, project management, risk management, supply chain management, enterprise performance management (EPM), adaptive intelligence, and analytics are some of the ERP capabilities.

Agile methodologies are transforming and speeding up the development lifecycle of businesses, but operations are not being changed or speeded up in the same way. While the operations teams frequently struggle to keep up with this pace, it increases operational challenges in the application landscape. To make the whole IT operation more ‘agile’, it is critical to alter operations to par with how development processes are transformed.

In 2022, we already saw the emergence of payment SaaS, the adoption of Blockchain Technology, and the evolution of Central Bank Digital Currency. We also saw new payment modes like Buy Now Pay Later, Biometric Authentication, and Biometric Payments and an increase in the use of AI and ML in fraud detection. Now, what should we look out for in 2023?

Digital technologies are fundamentally shifting how businesses across all industries operate and serve their customers, and insurance is no exception. Many insurers today offer innovative digital technologies to meet the needs of their consumers. So, whether you are looking for health, life, auto, or home insurance, there are a handful of insurance companies that can help you register easily through an app or website.

Contrary to what we see in the movies, artificial intelligence (AI) today is not capable of doing and learning everything on its own. It greatly and principally depends on the feedback that it gets from people. “Human in the Loop” (HITL) refers to the role of human feedback in the AI training process. Before getting into the concept of humans in the loop, let us understand the need for accurately annotated data and get the annotated data at speed.

These days, we can’t complete a transaction in a retail store without “giving away” our contact number. This is true especially if the store is part of a retail chain that is spread across the region or country, and there are many stores present within the city a few kilometers away from each other. If you ever wonder what they are doing with your contact number, just be aware that they have a file on you!

In today’s world, being connected anywhere and anytime is the most crucial aspect for anyone, and mobile phones as a device are one of the most critical enablers. With smartphones and internet connectivity, having access to content has become a click away. Purchase decisions and payment modes have been greatly influenced by the mobile landscape, so it has become important for companies to provide a great user experience across platforms and devices, with mobile being the prime device.