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The Booming Technologies in 2020

The world is evolving rapidly and technology is changing by leaps and bounds. The technological advancements have made our lives even faster and easier yet very competitive. People who are very well aware of the changes in technology and the upgraded versions are going towards success. Whereas people who are lacking behind in technology are facing some issues whether its job or studies or any business etc. Everything today is computerized, automatic and full of science and technology. As time is passing we will see more and more innovations in technology.
We are witnessing innovation and development in existing applications that organizations are using. To stay in the market the organizations and people have to keep an eye on what the future will bring for them. What challenges they have to face and what expertise they will need to deal with those advancements. There are few technological trends making hype for the year 2020. Let us discuss them.
Few emerging technologies are making rounds these days on the internet as the next big thing in the year 2020. They are mentioned below:

  1. Artificial Intelligence
    This technology is a machine which has the attributes of human and can perform every task that is being done by us. Most importantly it performs the tasks more accurately as compared to humans. Shortly, it is predicted that this technology will become easily available to everyone and everywhere.
  2. Blockchain Technology
    It is a ledger that records and maintains the transactions about cryptocurrency online. This information is unchangeable as well as non-editable. It’s still in the development phase and due to secured data, big companies and people are planning to invest in this new emerging technology.
  3. Internet of Things (IoT)
    Today the most important and widely used technology is wifi connectivity. Almost everything is slowly and gradually is adapting wifi technology and in IoT, it is being said that this technology will become common in the upcoming years. Our daily chores will be done using this technology and in some places, it has already started.
  4. Cyber Security
    Cybersecurity has always been a threat to the world of technology. Hackers find different ways of hacking the systems and are still trying to learn different, new and innovative techniques. In the upcoming years where new techniques will be discovered by hackers, on the other hand, the big companies are finding ways and spending a fortune to deal and fight with the cybersecurity issues.
  5. Virtual Reality
    This technology is widely used in gaming nowadays. It gives games a real-time touch as the gamers are fighting in the battlefields for real by stimulating their vision and hearing.
  6. Augmented Reality
    It is a technology that gives a 3D touch to an image. The picture seems like a real photo whereas it is seen on your laptops or mobile screens but it gives a live real effect.
    All the above-mentioned technologies are going to change the future of the peoples as well as the world. It will make things difficult and competitive for every human being. Every tech-savvy person and organization will have to keep themselves up to date two-step ahead to achieve success.
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IT Governance: Drive Down Operation Costs: Save time, standardize, and focus resources

IT governance or ITG refers to those processes that ensure the effective and efficient use of IT resources in the business that enables the organization to achieve the goals. Doing business is now inspiring and frightening at the same time. The rapid speed of internet devices and a number of devices and systems that different businesses that use it in their daily life have opened up the world of cybercrime and that is the biggest challenge that they are facing nowadays. The connection that is used for information sharing and global commerce that is also creating an opportunity for the cybercrime. The risk of cybercrime is now growing bigger and bigger and can become volatile for the organization of any kind and of any size.

In 2016 cyber attack took down the number of popular websites and devices. In this attack instead of a standard computer, malware was used to harness the computing power of the internet of things. We are just aware of the risk that is physical, like earthquake, hurricane, fire etc. The insurance company are only concerned about these physical disasters. But now with the advancement of technology, we are using more digital devices and we never thought about the risk that may lie in the digital world.

Cybercrime is a threat to the internet world. Many businesses involve internet of thing in its business activities. Cybercrime world has risen the silent cyber incidents. So everything that is connected to a computer can be hacked. People think that they are secured from being hacked by hackers but in reality, they are unaware of all the aspects and circumstances they may face in the future. The information that is transmitted on the internet is not always secured because the IoT becomes ubiquitous. Cybercrime is seeking an opportunity to steal new information that may be valuable for the enterprise. One can not differentiate that IoT is a friend or a foe.

Business may need to know to understand where the weakness of connected devices may lie, that how complex the situation and severe the threat is. This type of risk assessment is not easy because different platform, hardware and software that the majority IT teams are unfamiliar with. Any project that involves connected devices that must be designed with security front. The WI-FI enabled devices that are connected internet means that the business the advance that tolls that can differentiate between legitimate and malicious traffic on IoT devices. As more and more devices, that are enabled with the internet, are increasing, more robbing cases are happening.  In business it results in poor customer experience, it can decrease employee productivity and even case of fall of business profitability. For this organization need proper traffic management that can ensure business  continuity and that can avoid customer potential loss. The organization needs IT experts that can handle all type of threats to an organization. Primavera experts are focused on delivering the solution to the organization to meet the demands the organization faces today. Primavera has bought the solution to many industries one of them is IT industry.

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IT Governance Using Primavera P6

In today’s vast expansion of industries, the one industry that has changed the trends and is bringing challenges for it’s users daily is IT industry. It’s expansion in the last decade has cause a ravishing challenge for the industries to manage the resources and bring the best to the costumes, users, developers as well as the executive team. With it’s release Primavera P6 has brought solutions to the managing resources in all kinds and sectors, which includes the IT industry. Oracle Primavera P6 is the most powerful tool, which is robust and easy to use which is helping in prioritizing the changing trends globally. It also includes planning, managing and executing the projects at hand.

Project Outsourcing: Pros and Cons

Here’s the question arises, what does it actually delivers to you and what key features will compel you to choose Primavera P6 for your company’s portfolio management. Mainly it handles your programs and portfolios, the best part about it , it’s an integrated portfolio management solution comprising role specific functionality which satisfies each members needs, responsibilities and skills.

There’s no specific size of project when it comes to handling complexity, large scale organizations as well as small business set-ups can use this integrated management system. It provides a single solution, adapt to various size of complexities. It intelligently scales to meet the needs and roles at different levels in an organization. It align strategy , execution and results. It ensures all projects are aligned to enterprise objectives. Manages incoming demands and prioritize work. Improve accountability and decisions through vast visibility and collaboration in an organization. Project management is not an easy task , manage work resources and building trust when it comes to delivery and effectiveness. Specially when it involves workers on different levels , which may result in multiple challenges, Primavera P6 helps you in optimizing value of all resources which may includes human resources, human capital, budgeting, facilities that may increase and maximize ROI (return on investment). Primavera P6 is best when you don’t want to go tracking down the people’s pagers, emails and phones to track down their progress with their work, it helps you manage the real time progress and deal with the latency which may led to decrease in your progress as an organization.

Now coming towards, how it manages IT governance, the first thing  to ponder is to focus on things that really matters and will increase the value of the progressive development of your organization whether it’s a large scale or small scale industry. The increasingly expanding organizations are facing two main problems these days, how to maximize ROI on your business, how to demonstrate greater value to the businesses they serve. Implementing the Primavera P6 by prescient group solutions helps your industry in establishing a relation between IT industry and business industries through enhanced decision making and efficiency improvements.  It gives you a single system of record for comprehensive portfolio management.

The things which will make your work a whole lot easier is business process management, work flow, configuration, cost and time management,resource and demand management, SAP Primavera integration, autovue, business intelligence, universal content management (UCM), user productivity kit (UPK).

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