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  • 01 Oct 2018
    Artificial Intelligence (AI) is taking businesses to the next level mainly because of the services offered under this technology. Every industry has started seeing improvements in their business processes, costs and work efficiencies due to the introduction of AI in their field. For every industry AI brings something different to the table. AI has helped decision makers to take quick accurate decisions which are backed by facts and helps implement suitable options. When we talk about the financial sector, the insurance industry has already implemented AI in their field. Until now 54 percent of insurance companies have started using AI for their processes but only 34 percent of banking and finance institutions have adopted AI. As AI is in full swing, leaders need to closely understand where and how they can implement AI in their field and how they can reap maximum benefits.   Financial services sector is a potential area where AI has a lot to offer as it is an exciting time for the banking sector. There is huge amount of data being generated in the Banking and Finance Industry (BFSI) and there are a lot of insights in those huge amounts of data which needs to be analyzed. AI can easily examine the data fed to it and provide outcomes which can be used to create more opportunities and understand the current scenarios.   According to Accenture’s recent Accenture Banking Technology Vision 2018 report, 83% of Indian bankers believe that AI will work alongside humans in the next two years — a higher than the global average of 79%   Banks now offer services through digital means which has resulted in increase of online transactions, growth in customers who are increasingly benefitting from digital initiatives of banks. Customer experience is one such area which can be enhanced through AI as quick support can be easily provided to the customer and he can even be offered tailored banking products according to his requirements. Below are some of the areas in banking sector which are going to transform themselves because of the introduction of AI:   Real-Time Fraud Detection   Financial sector has been at the receiving end of numerous frauds and according to a report released recently by McAfee, frauds in the financial sector all over the world has resulted in global economic loss of about $600 billion. But as the technology landscape changes, banks are rapidly transforming and adapting new ways to counter threats and frauds. Big Data also plays an important role in providing banks with deep insights about a customer’s data and behavior patterns. When we talk about mitigation of financial risk, new solutions which are AI enabled and new advanced financial models will help banks identify fund flow analytics in real time and discover fraudulent transactions which can be stopped the moment they are discovered.   Chatbots for Customer Service   Like any other business, it is important for banks too to acquire new customers and provide them with services they need along with excellent customer support. People no longer visit banks to obtain minor information like interest rates, loans or services which a bank has to offer because all the customer needs to do is visit the bank’s website and find out all the information they are looking for in minimum amount of time. Chatbots have been proved effective by certain banks who are currently making use of this technology stating that installation of chatbots have resulted in upmost customer satisfaction. People find it tedious to call or email a bank in case of a query but they find it very convenient to reply to a ‘Hello’ by a chatbot on the bank’s website. Efficient, systematic and accurate conversation leads to great customer service.   Improved Banking Products   AI can analyze various types of data and through that it is able to obtain great insights on customer’s behavior and preferences. By understanding customer’s requirements, AI will be able to serve them better with best possible banking services. Historical data plays an integral role in unearthing customer’s buying patterns which are necessary for providing expected banking products and services.   Improved Security   Whenever we adopt new technology, there are always new challenges that we face and thus in this case it is important to ensure that banks remain in compliance with industry regulations and protect customer’s private data from losses, frauds and security breaches. The new technology will pair block chain and AI-powered algorithms which will offer multiple layers of modern and robust security which will reduce the risk of tampering with transactions which results in losses.
    2 Posted by Manohar Parakh
  • Artificial Intelligence (AI) is taking businesses to the next level mainly because of the services offered under this technology. Every industry has started seeing improvements in their business processes, costs and work efficiencies due to the introduction of AI in their field. For every industry AI brings something different to the table. AI has helped decision makers to take quick accurate decisions which are backed by facts and helps implement suitable options. When we talk about the financial sector, the insurance industry has already implemented AI in their field. Until now 54 percent of insurance companies have started using AI for their processes but only 34 percent of banking and finance institutions have adopted AI. As AI is in full swing, leaders need to closely understand where and how they can implement AI in their field and how they can reap maximum benefits.   Financial services sector is a potential area where AI has a lot to offer as it is an exciting time for the banking sector. There is huge amount of data being generated in the Banking and Finance Industry (BFSI) and there are a lot of insights in those huge amounts of data which needs to be analyzed. AI can easily examine the data fed to it and provide outcomes which can be used to create more opportunities and understand the current scenarios.   According to Accenture’s recent Accenture Banking Technology Vision 2018 report, 83% of Indian bankers believe that AI will work alongside humans in the next two years — a higher than the global average of 79%   Banks now offer services through digital means which has resulted in increase of online transactions, growth in customers who are increasingly benefitting from digital initiatives of banks. Customer experience is one such area which can be enhanced through AI as quick support can be easily provided to the customer and he can even be offered tailored banking products according to his requirements. Below are some of the areas in banking sector which are going to transform themselves because of the introduction of AI:   Real-Time Fraud Detection   Financial sector has been at the receiving end of numerous frauds and according to a report released recently by McAfee, frauds in the financial sector all over the world has resulted in global economic loss of about $600 billion. But as the technology landscape changes, banks are rapidly transforming and adapting new ways to counter threats and frauds. Big Data also plays an important role in providing banks with deep insights about a customer’s data and behavior patterns. When we talk about mitigation of financial risk, new solutions which are AI enabled and new advanced financial models will help banks identify fund flow analytics in real time and discover fraudulent transactions which can be stopped the moment they are discovered.   Chatbots for Customer Service   Like any other business, it is important for banks too to acquire new customers and provide them with services they need along with excellent customer support. People no longer visit banks to obtain minor information like interest rates, loans or services which a bank has to offer because all the customer needs to do is visit the bank’s website and find out all the information they are looking for in minimum amount of time. Chatbots have been proved effective by certain banks who are currently making use of this technology stating that installation of chatbots have resulted in upmost customer satisfaction. People find it tedious to call or email a bank in case of a query but they find it very convenient to reply to a ‘Hello’ by a chatbot on the bank’s website. Efficient, systematic and accurate conversation leads to great customer service.   Improved Banking Products   AI can analyze various types of data and through that it is able to obtain great insights on customer’s behavior and preferences. By understanding customer’s requirements, AI will be able to serve them better with best possible banking services. Historical data plays an integral role in unearthing customer’s buying patterns which are necessary for providing expected banking products and services.   Improved Security   Whenever we adopt new technology, there are always new challenges that we face and thus in this case it is important to ensure that banks remain in compliance with industry regulations and protect customer’s private data from losses, frauds and security breaches. The new technology will pair block chain and AI-powered algorithms which will offer multiple layers of modern and robust security which will reduce the risk of tampering with transactions which results in losses.
    Oct 01, 2018 2
  • 12 Sep 2018
    Stripping of xinyu Enameled Wire . Let's talk about the centrifugal knives. This is said to be the first paint stripping equipment introduced in Germany. It is a three-speed high-speed rotating tool that directly peels off the aluminum enamel-coated paint. . This stripping method, like hand-painting, is only suitable for stripping of large lines. As we all know, the physical properties of aluminum, soft and tough, is only half of that of copper. When using a centrifugal knife, it is easily twisted into a rope. It is directly twisted. If you use an aluminum enameled wire with a diameter of 1.5. Below MM, the centrifugal knife is not suitable for you. Even if it is not directly broken, it will be twisted. If you use a smaller diameter aluminum enameled wire, basically do not consider this off. The another type is the grinding wheel of Enameled Copper Wire. Whether you use a wire wheel or a fiber wheel, the temperature of the aluminum wire will rise rapidly with high-speed friction during the process of grinding the aluminum enamel wire. With the high-speed flowing air flow, the surface of the aluminum wire is quickly oxidized and is difficult to handle after being oxidized. In addition, due to the different materials of the grinding wheel, in general, the aluminum enamel wire of the wire wheel is yellowed, and the aluminum enamel wire of the fiber wheel is grayed or blackened, in any case, the color of the aluminum wire of the wire wheel or the fiber wheel. It is not the silver white of aluminum itself. The thick wire is oxidized to a small extent after grinding by the grinding wheel. It can also see silver white, the effect of fine wire is much worse, and the thin wire is easily broken, and it will become brittle after grinding. So, if your company's current line is thicker, you can use this method. If it is a thin line, this method is not suitable.
    5 Posted by copper xinyu
  • Stripping of xinyu Enameled Wire . Let's talk about the centrifugal knives. This is said to be the first paint stripping equipment introduced in Germany. It is a three-speed high-speed rotating tool that directly peels off the aluminum enamel-coated paint. . This stripping method, like hand-painting, is only suitable for stripping of large lines. As we all know, the physical properties of aluminum, soft and tough, is only half of that of copper. When using a centrifugal knife, it is easily twisted into a rope. It is directly twisted. If you use an aluminum enameled wire with a diameter of 1.5. Below MM, the centrifugal knife is not suitable for you. Even if it is not directly broken, it will be twisted. If you use a smaller diameter aluminum enameled wire, basically do not consider this off. The another type is the grinding wheel of Enameled Copper Wire. Whether you use a wire wheel or a fiber wheel, the temperature of the aluminum wire will rise rapidly with high-speed friction during the process of grinding the aluminum enamel wire. With the high-speed flowing air flow, the surface of the aluminum wire is quickly oxidized and is difficult to handle after being oxidized. In addition, due to the different materials of the grinding wheel, in general, the aluminum enamel wire of the wire wheel is yellowed, and the aluminum enamel wire of the fiber wheel is grayed or blackened, in any case, the color of the aluminum wire of the wire wheel or the fiber wheel. It is not the silver white of aluminum itself. The thick wire is oxidized to a small extent after grinding by the grinding wheel. It can also see silver white, the effect of fine wire is much worse, and the thin wire is easily broken, and it will become brittle after grinding. So, if your company's current line is thicker, you can use this method. If it is a thin line, this method is not suitable.
    Sep 12, 2018 5
  • 05 Sep 2018
    If you know what cloud computing is then it isn’t too hard for you to recognize the real benefits of cloud technology. Since the introduction of cloud computing, there have been many organizations and individuals who have implemented it in their lives and have noticed the difference in ease of using the service and enhanced business processes. There are many benefits of cloud computing like storing data on cloud, being able to retrieve the data stored on cloud from any location and using various software’s and application on the cloud platform. Small businesses can make use of this kind of technology which weren’t affordable to them previously. Big businesses usually spend more but small businesses cannot do the same and thus cloud computing has been a boon for the business owners. Moving your business to the cloud is safe and a smart step because a lot of benefits can be reaped through the implementation of cloud technology. Let’s look at the business benefits achieved through migrating on cloud: 1. Enhanced Collaboration When any type of device is connected to an internet connection, a cloud-based application can be easily used by multiple personnels through any location. Employees who work in remote locations an easily collaborate their documents with other employees while being connected with the concerned person at the same time. Anyone who is going to use this service should make use of the portal connected to the application to share files and exchange data on the cloud. 2. Security Data breach is a common thing now-a-days but it is definitely not a good thing because the one who has been affected by such action is in a great loss. We don’t understand until it doesn’t happen to us and so prevention is better than cure. Cloud provides the best security when it comes to storage. There are multiple layers of security when a user’s data is on cloud and it is nearly impossible for an attacker to steal that data. The size of business doesn’t matter when there the issue is regarding data theft because it leaves the owner vulnerable and desperate to recover the lost data. So in order to stay on the safe side, keeping your data on the cloud will be a huge benefit in case of data security. 3. Data Recovery Cloud Disaster Recovery is a term which is associated with backing up the data stored on cloud so that there is a duplicate file in case the original data file is lost, corrupted or misplaced. For higher security purposes, it is suggested to store your data on cloud because the service provider takes regular backs of your data which ensures optimum safety. In case there is a fire, flood or any type of natural disaster, the cloud service can easily provide the data affected by the disaster. 4. Reduced IT Costs Cloud infrastructure considerably eliminates the cost of purchasing expensive IT equipment, maintenance charges, consulting fees and energy consumption. There are various cost cutting areas when a user decides to move their business on cloud. Cloud computing also lowers costs of software upgrades and software licenses which eliminates the high upfront costs. The money needed to pay experts and staff to look after and manage the equipment is saved because with cloud there is no need to hire dedicated personnel. Thus, moving to cloud is a very economical option as compared to traditional IT systems. 5. Scalability & Flexibility Business demand fluctuates according to the needs of changing times and cloud is a perfect fit for situations of such kind. Cloud resources are scalable according to the need of the hour. Through Vertical and Horizontal scaling, business demands can be matched with appropriate resource allocation so that the business is not affected in any way. Some cloud providers offer Pay-Per-Use cloud model which is a good option as it reduces unnecessary use of resources by saving a lot of costs. Through flexibility of resource allocation, a business can match peak demands of his business. 6. Mobility Multiple employees of a firm work in various locations across the country and cloud efficiently connects all the employees to the main office so that any type of data can be shared or retrieved through cloud computing. Employees who work remotely or who work on the go can easily make use of cloud service to access any kind of data through an established internet connection. This is one of the main advantages of cloud computing which allows an individual to work remotely and still connect to the main office. 7. Business Continuity Natural disasters have destroyed many businesses till now and we cannot possibly stop them but what we can do is keep a backup plan in case a disaster strikes. Big or small businesses are often affected by a natural disaster occurrence because they haven’t planned for such an event which leads them to lose their business and mission critical data. When data is stored on hard drives and stored in office premises itself, the chances of data loss increases because there isn’t a proper system to back up all the data. Cloud services always take backups of your data to ensure that you do not lose your data in a disaster. The historical data is always referred so that the business can be continued efficiently. Conclusion As technology upgrades day-by-day, there will be always newer innovations which can be applied in any field so that new techniques can improve the current processes. Cloud Computing has been a ground breaking technology which has changed the way storage needs are met and businesses are run through faster computing power. A huge scope is offered by cloud computing to the organizations.
    7 Posted by Manohar Parakh
  • If you know what cloud computing is then it isn’t too hard for you to recognize the real benefits of cloud technology. Since the introduction of cloud computing, there have been many organizations and individuals who have implemented it in their lives and have noticed the difference in ease of using the service and enhanced business processes. There are many benefits of cloud computing like storing data on cloud, being able to retrieve the data stored on cloud from any location and using various software’s and application on the cloud platform. Small businesses can make use of this kind of technology which weren’t affordable to them previously. Big businesses usually spend more but small businesses cannot do the same and thus cloud computing has been a boon for the business owners. Moving your business to the cloud is safe and a smart step because a lot of benefits can be reaped through the implementation of cloud technology. Let’s look at the business benefits achieved through migrating on cloud: 1. Enhanced Collaboration When any type of device is connected to an internet connection, a cloud-based application can be easily used by multiple personnels through any location. Employees who work in remote locations an easily collaborate their documents with other employees while being connected with the concerned person at the same time. Anyone who is going to use this service should make use of the portal connected to the application to share files and exchange data on the cloud. 2. Security Data breach is a common thing now-a-days but it is definitely not a good thing because the one who has been affected by such action is in a great loss. We don’t understand until it doesn’t happen to us and so prevention is better than cure. Cloud provides the best security when it comes to storage. There are multiple layers of security when a user’s data is on cloud and it is nearly impossible for an attacker to steal that data. The size of business doesn’t matter when there the issue is regarding data theft because it leaves the owner vulnerable and desperate to recover the lost data. So in order to stay on the safe side, keeping your data on the cloud will be a huge benefit in case of data security. 3. Data Recovery Cloud Disaster Recovery is a term which is associated with backing up the data stored on cloud so that there is a duplicate file in case the original data file is lost, corrupted or misplaced. For higher security purposes, it is suggested to store your data on cloud because the service provider takes regular backs of your data which ensures optimum safety. In case there is a fire, flood or any type of natural disaster, the cloud service can easily provide the data affected by the disaster. 4. Reduced IT Costs Cloud infrastructure considerably eliminates the cost of purchasing expensive IT equipment, maintenance charges, consulting fees and energy consumption. There are various cost cutting areas when a user decides to move their business on cloud. Cloud computing also lowers costs of software upgrades and software licenses which eliminates the high upfront costs. The money needed to pay experts and staff to look after and manage the equipment is saved because with cloud there is no need to hire dedicated personnel. Thus, moving to cloud is a very economical option as compared to traditional IT systems. 5. Scalability & Flexibility Business demand fluctuates according to the needs of changing times and cloud is a perfect fit for situations of such kind. Cloud resources are scalable according to the need of the hour. Through Vertical and Horizontal scaling, business demands can be matched with appropriate resource allocation so that the business is not affected in any way. Some cloud providers offer Pay-Per-Use cloud model which is a good option as it reduces unnecessary use of resources by saving a lot of costs. Through flexibility of resource allocation, a business can match peak demands of his business. 6. Mobility Multiple employees of a firm work in various locations across the country and cloud efficiently connects all the employees to the main office so that any type of data can be shared or retrieved through cloud computing. Employees who work remotely or who work on the go can easily make use of cloud service to access any kind of data through an established internet connection. This is one of the main advantages of cloud computing which allows an individual to work remotely and still connect to the main office. 7. Business Continuity Natural disasters have destroyed many businesses till now and we cannot possibly stop them but what we can do is keep a backup plan in case a disaster strikes. Big or small businesses are often affected by a natural disaster occurrence because they haven’t planned for such an event which leads them to lose their business and mission critical data. When data is stored on hard drives and stored in office premises itself, the chances of data loss increases because there isn’t a proper system to back up all the data. Cloud services always take backups of your data to ensure that you do not lose your data in a disaster. The historical data is always referred so that the business can be continued efficiently. Conclusion As technology upgrades day-by-day, there will be always newer innovations which can be applied in any field so that new techniques can improve the current processes. Cloud Computing has been a ground breaking technology which has changed the way storage needs are met and businesses are run through faster computing power. A huge scope is offered by cloud computing to the organizations.
    Sep 05, 2018 7

Most Viewed Blogs

  • 05 Sep 2018
    If you know what cloud computing is then it isn’t too hard for you to recognize the real benefits of cloud technology. Since the introduction of cloud computing, there have been many organizations and individuals who have implemented it in their lives and have noticed the difference in ease of using the service and enhanced business processes. There are many benefits of cloud computing like storing data on cloud, being able to retrieve the data stored on cloud from any location and using various software’s and application on the cloud platform. Small businesses can make use of this kind of technology which weren’t affordable to them previously. Big businesses usually spend more but small businesses cannot do the same and thus cloud computing has been a boon for the business owners. Moving your business to the cloud is safe and a smart step because a lot of benefits can be reaped through the implementation of cloud technology. Let’s look at the business benefits achieved through migrating on cloud: 1. Enhanced Collaboration When any type of device is connected to an internet connection, a cloud-based application can be easily used by multiple personnels through any location. Employees who work in remote locations an easily collaborate their documents with other employees while being connected with the concerned person at the same time. Anyone who is going to use this service should make use of the portal connected to the application to share files and exchange data on the cloud. 2. Security Data breach is a common thing now-a-days but it is definitely not a good thing because the one who has been affected by such action is in a great loss. We don’t understand until it doesn’t happen to us and so prevention is better than cure. Cloud provides the best security when it comes to storage. There are multiple layers of security when a user’s data is on cloud and it is nearly impossible for an attacker to steal that data. The size of business doesn’t matter when there the issue is regarding data theft because it leaves the owner vulnerable and desperate to recover the lost data. So in order to stay on the safe side, keeping your data on the cloud will be a huge benefit in case of data security. 3. Data Recovery Cloud Disaster Recovery is a term which is associated with backing up the data stored on cloud so that there is a duplicate file in case the original data file is lost, corrupted or misplaced. For higher security purposes, it is suggested to store your data on cloud because the service provider takes regular backs of your data which ensures optimum safety. In case there is a fire, flood or any type of natural disaster, the cloud service can easily provide the data affected by the disaster. 4. Reduced IT Costs Cloud infrastructure considerably eliminates the cost of purchasing expensive IT equipment, maintenance charges, consulting fees and energy consumption. There are various cost cutting areas when a user decides to move their business on cloud. Cloud computing also lowers costs of software upgrades and software licenses which eliminates the high upfront costs. The money needed to pay experts and staff to look after and manage the equipment is saved because with cloud there is no need to hire dedicated personnel. Thus, moving to cloud is a very economical option as compared to traditional IT systems. 5. Scalability & Flexibility Business demand fluctuates according to the needs of changing times and cloud is a perfect fit for situations of such kind. Cloud resources are scalable according to the need of the hour. Through Vertical and Horizontal scaling, business demands can be matched with appropriate resource allocation so that the business is not affected in any way. Some cloud providers offer Pay-Per-Use cloud model which is a good option as it reduces unnecessary use of resources by saving a lot of costs. Through flexibility of resource allocation, a business can match peak demands of his business. 6. Mobility Multiple employees of a firm work in various locations across the country and cloud efficiently connects all the employees to the main office so that any type of data can be shared or retrieved through cloud computing. Employees who work remotely or who work on the go can easily make use of cloud service to access any kind of data through an established internet connection. This is one of the main advantages of cloud computing which allows an individual to work remotely and still connect to the main office. 7. Business Continuity Natural disasters have destroyed many businesses till now and we cannot possibly stop them but what we can do is keep a backup plan in case a disaster strikes. Big or small businesses are often affected by a natural disaster occurrence because they haven’t planned for such an event which leads them to lose their business and mission critical data. When data is stored on hard drives and stored in office premises itself, the chances of data loss increases because there isn’t a proper system to back up all the data. Cloud services always take backups of your data to ensure that you do not lose your data in a disaster. The historical data is always referred so that the business can be continued efficiently. Conclusion As technology upgrades day-by-day, there will be always newer innovations which can be applied in any field so that new techniques can improve the current processes. Cloud Computing has been a ground breaking technology which has changed the way storage needs are met and businesses are run through faster computing power. A huge scope is offered by cloud computing to the organizations.
    7 Posted by Manohar Parakh
  • If you know what cloud computing is then it isn’t too hard for you to recognize the real benefits of cloud technology. Since the introduction of cloud computing, there have been many organizations and individuals who have implemented it in their lives and have noticed the difference in ease of using the service and enhanced business processes. There are many benefits of cloud computing like storing data on cloud, being able to retrieve the data stored on cloud from any location and using various software’s and application on the cloud platform. Small businesses can make use of this kind of technology which weren’t affordable to them previously. Big businesses usually spend more but small businesses cannot do the same and thus cloud computing has been a boon for the business owners. Moving your business to the cloud is safe and a smart step because a lot of benefits can be reaped through the implementation of cloud technology. Let’s look at the business benefits achieved through migrating on cloud: 1. Enhanced Collaboration When any type of device is connected to an internet connection, a cloud-based application can be easily used by multiple personnels through any location. Employees who work in remote locations an easily collaborate their documents with other employees while being connected with the concerned person at the same time. Anyone who is going to use this service should make use of the portal connected to the application to share files and exchange data on the cloud. 2. Security Data breach is a common thing now-a-days but it is definitely not a good thing because the one who has been affected by such action is in a great loss. We don’t understand until it doesn’t happen to us and so prevention is better than cure. Cloud provides the best security when it comes to storage. There are multiple layers of security when a user’s data is on cloud and it is nearly impossible for an attacker to steal that data. The size of business doesn’t matter when there the issue is regarding data theft because it leaves the owner vulnerable and desperate to recover the lost data. So in order to stay on the safe side, keeping your data on the cloud will be a huge benefit in case of data security. 3. Data Recovery Cloud Disaster Recovery is a term which is associated with backing up the data stored on cloud so that there is a duplicate file in case the original data file is lost, corrupted or misplaced. For higher security purposes, it is suggested to store your data on cloud because the service provider takes regular backs of your data which ensures optimum safety. In case there is a fire, flood or any type of natural disaster, the cloud service can easily provide the data affected by the disaster. 4. Reduced IT Costs Cloud infrastructure considerably eliminates the cost of purchasing expensive IT equipment, maintenance charges, consulting fees and energy consumption. There are various cost cutting areas when a user decides to move their business on cloud. Cloud computing also lowers costs of software upgrades and software licenses which eliminates the high upfront costs. The money needed to pay experts and staff to look after and manage the equipment is saved because with cloud there is no need to hire dedicated personnel. Thus, moving to cloud is a very economical option as compared to traditional IT systems. 5. Scalability & Flexibility Business demand fluctuates according to the needs of changing times and cloud is a perfect fit for situations of such kind. Cloud resources are scalable according to the need of the hour. Through Vertical and Horizontal scaling, business demands can be matched with appropriate resource allocation so that the business is not affected in any way. Some cloud providers offer Pay-Per-Use cloud model which is a good option as it reduces unnecessary use of resources by saving a lot of costs. Through flexibility of resource allocation, a business can match peak demands of his business. 6. Mobility Multiple employees of a firm work in various locations across the country and cloud efficiently connects all the employees to the main office so that any type of data can be shared or retrieved through cloud computing. Employees who work remotely or who work on the go can easily make use of cloud service to access any kind of data through an established internet connection. This is one of the main advantages of cloud computing which allows an individual to work remotely and still connect to the main office. 7. Business Continuity Natural disasters have destroyed many businesses till now and we cannot possibly stop them but what we can do is keep a backup plan in case a disaster strikes. Big or small businesses are often affected by a natural disaster occurrence because they haven’t planned for such an event which leads them to lose their business and mission critical data. When data is stored on hard drives and stored in office premises itself, the chances of data loss increases because there isn’t a proper system to back up all the data. Cloud services always take backups of your data to ensure that you do not lose your data in a disaster. The historical data is always referred so that the business can be continued efficiently. Conclusion As technology upgrades day-by-day, there will be always newer innovations which can be applied in any field so that new techniques can improve the current processes. Cloud Computing has been a ground breaking technology which has changed the way storage needs are met and businesses are run through faster computing power. A huge scope is offered by cloud computing to the organizations.
    Sep 05, 2018 7
  • 12 Sep 2018
    Stripping of xinyu Enameled Wire . Let's talk about the centrifugal knives. This is said to be the first paint stripping equipment introduced in Germany. It is a three-speed high-speed rotating tool that directly peels off the aluminum enamel-coated paint. . This stripping method, like hand-painting, is only suitable for stripping of large lines. As we all know, the physical properties of aluminum, soft and tough, is only half of that of copper. When using a centrifugal knife, it is easily twisted into a rope. It is directly twisted. If you use an aluminum enameled wire with a diameter of 1.5. Below MM, the centrifugal knife is not suitable for you. Even if it is not directly broken, it will be twisted. If you use a smaller diameter aluminum enameled wire, basically do not consider this off. The another type is the grinding wheel of Enameled Copper Wire. Whether you use a wire wheel or a fiber wheel, the temperature of the aluminum wire will rise rapidly with high-speed friction during the process of grinding the aluminum enamel wire. With the high-speed flowing air flow, the surface of the aluminum wire is quickly oxidized and is difficult to handle after being oxidized. In addition, due to the different materials of the grinding wheel, in general, the aluminum enamel wire of the wire wheel is yellowed, and the aluminum enamel wire of the fiber wheel is grayed or blackened, in any case, the color of the aluminum wire of the wire wheel or the fiber wheel. It is not the silver white of aluminum itself. The thick wire is oxidized to a small extent after grinding by the grinding wheel. It can also see silver white, the effect of fine wire is much worse, and the thin wire is easily broken, and it will become brittle after grinding. So, if your company's current line is thicker, you can use this method. If it is a thin line, this method is not suitable.
    5 Posted by copper xinyu
  • Stripping of xinyu Enameled Wire . Let's talk about the centrifugal knives. This is said to be the first paint stripping equipment introduced in Germany. It is a three-speed high-speed rotating tool that directly peels off the aluminum enamel-coated paint. . This stripping method, like hand-painting, is only suitable for stripping of large lines. As we all know, the physical properties of aluminum, soft and tough, is only half of that of copper. When using a centrifugal knife, it is easily twisted into a rope. It is directly twisted. If you use an aluminum enameled wire with a diameter of 1.5. Below MM, the centrifugal knife is not suitable for you. Even if it is not directly broken, it will be twisted. If you use a smaller diameter aluminum enameled wire, basically do not consider this off. The another type is the grinding wheel of Enameled Copper Wire. Whether you use a wire wheel or a fiber wheel, the temperature of the aluminum wire will rise rapidly with high-speed friction during the process of grinding the aluminum enamel wire. With the high-speed flowing air flow, the surface of the aluminum wire is quickly oxidized and is difficult to handle after being oxidized. In addition, due to the different materials of the grinding wheel, in general, the aluminum enamel wire of the wire wheel is yellowed, and the aluminum enamel wire of the fiber wheel is grayed or blackened, in any case, the color of the aluminum wire of the wire wheel or the fiber wheel. It is not the silver white of aluminum itself. The thick wire is oxidized to a small extent after grinding by the grinding wheel. It can also see silver white, the effect of fine wire is much worse, and the thin wire is easily broken, and it will become brittle after grinding. So, if your company's current line is thicker, you can use this method. If it is a thin line, this method is not suitable.
    Sep 12, 2018 5
  • 01 Oct 2018
    Artificial Intelligence (AI) is taking businesses to the next level mainly because of the services offered under this technology. Every industry has started seeing improvements in their business processes, costs and work efficiencies due to the introduction of AI in their field. For every industry AI brings something different to the table. AI has helped decision makers to take quick accurate decisions which are backed by facts and helps implement suitable options. When we talk about the financial sector, the insurance industry has already implemented AI in their field. Until now 54 percent of insurance companies have started using AI for their processes but only 34 percent of banking and finance institutions have adopted AI. As AI is in full swing, leaders need to closely understand where and how they can implement AI in their field and how they can reap maximum benefits.   Financial services sector is a potential area where AI has a lot to offer as it is an exciting time for the banking sector. There is huge amount of data being generated in the Banking and Finance Industry (BFSI) and there are a lot of insights in those huge amounts of data which needs to be analyzed. AI can easily examine the data fed to it and provide outcomes which can be used to create more opportunities and understand the current scenarios.   According to Accenture’s recent Accenture Banking Technology Vision 2018 report, 83% of Indian bankers believe that AI will work alongside humans in the next two years — a higher than the global average of 79%   Banks now offer services through digital means which has resulted in increase of online transactions, growth in customers who are increasingly benefitting from digital initiatives of banks. Customer experience is one such area which can be enhanced through AI as quick support can be easily provided to the customer and he can even be offered tailored banking products according to his requirements. Below are some of the areas in banking sector which are going to transform themselves because of the introduction of AI:   Real-Time Fraud Detection   Financial sector has been at the receiving end of numerous frauds and according to a report released recently by McAfee, frauds in the financial sector all over the world has resulted in global economic loss of about $600 billion. But as the technology landscape changes, banks are rapidly transforming and adapting new ways to counter threats and frauds. Big Data also plays an important role in providing banks with deep insights about a customer’s data and behavior patterns. When we talk about mitigation of financial risk, new solutions which are AI enabled and new advanced financial models will help banks identify fund flow analytics in real time and discover fraudulent transactions which can be stopped the moment they are discovered.   Chatbots for Customer Service   Like any other business, it is important for banks too to acquire new customers and provide them with services they need along with excellent customer support. People no longer visit banks to obtain minor information like interest rates, loans or services which a bank has to offer because all the customer needs to do is visit the bank’s website and find out all the information they are looking for in minimum amount of time. Chatbots have been proved effective by certain banks who are currently making use of this technology stating that installation of chatbots have resulted in upmost customer satisfaction. People find it tedious to call or email a bank in case of a query but they find it very convenient to reply to a ‘Hello’ by a chatbot on the bank’s website. Efficient, systematic and accurate conversation leads to great customer service.   Improved Banking Products   AI can analyze various types of data and through that it is able to obtain great insights on customer’s behavior and preferences. By understanding customer’s requirements, AI will be able to serve them better with best possible banking services. Historical data plays an integral role in unearthing customer’s buying patterns which are necessary for providing expected banking products and services.   Improved Security   Whenever we adopt new technology, there are always new challenges that we face and thus in this case it is important to ensure that banks remain in compliance with industry regulations and protect customer’s private data from losses, frauds and security breaches. The new technology will pair block chain and AI-powered algorithms which will offer multiple layers of modern and robust security which will reduce the risk of tampering with transactions which results in losses.
    2 Posted by Manohar Parakh
  • Artificial Intelligence (AI) is taking businesses to the next level mainly because of the services offered under this technology. Every industry has started seeing improvements in their business processes, costs and work efficiencies due to the introduction of AI in their field. For every industry AI brings something different to the table. AI has helped decision makers to take quick accurate decisions which are backed by facts and helps implement suitable options. When we talk about the financial sector, the insurance industry has already implemented AI in their field. Until now 54 percent of insurance companies have started using AI for their processes but only 34 percent of banking and finance institutions have adopted AI. As AI is in full swing, leaders need to closely understand where and how they can implement AI in their field and how they can reap maximum benefits.   Financial services sector is a potential area where AI has a lot to offer as it is an exciting time for the banking sector. There is huge amount of data being generated in the Banking and Finance Industry (BFSI) and there are a lot of insights in those huge amounts of data which needs to be analyzed. AI can easily examine the data fed to it and provide outcomes which can be used to create more opportunities and understand the current scenarios.   According to Accenture’s recent Accenture Banking Technology Vision 2018 report, 83% of Indian bankers believe that AI will work alongside humans in the next two years — a higher than the global average of 79%   Banks now offer services through digital means which has resulted in increase of online transactions, growth in customers who are increasingly benefitting from digital initiatives of banks. Customer experience is one such area which can be enhanced through AI as quick support can be easily provided to the customer and he can even be offered tailored banking products according to his requirements. Below are some of the areas in banking sector which are going to transform themselves because of the introduction of AI:   Real-Time Fraud Detection   Financial sector has been at the receiving end of numerous frauds and according to a report released recently by McAfee, frauds in the financial sector all over the world has resulted in global economic loss of about $600 billion. But as the technology landscape changes, banks are rapidly transforming and adapting new ways to counter threats and frauds. Big Data also plays an important role in providing banks with deep insights about a customer’s data and behavior patterns. When we talk about mitigation of financial risk, new solutions which are AI enabled and new advanced financial models will help banks identify fund flow analytics in real time and discover fraudulent transactions which can be stopped the moment they are discovered.   Chatbots for Customer Service   Like any other business, it is important for banks too to acquire new customers and provide them with services they need along with excellent customer support. People no longer visit banks to obtain minor information like interest rates, loans or services which a bank has to offer because all the customer needs to do is visit the bank’s website and find out all the information they are looking for in minimum amount of time. Chatbots have been proved effective by certain banks who are currently making use of this technology stating that installation of chatbots have resulted in upmost customer satisfaction. People find it tedious to call or email a bank in case of a query but they find it very convenient to reply to a ‘Hello’ by a chatbot on the bank’s website. Efficient, systematic and accurate conversation leads to great customer service.   Improved Banking Products   AI can analyze various types of data and through that it is able to obtain great insights on customer’s behavior and preferences. By understanding customer’s requirements, AI will be able to serve them better with best possible banking services. Historical data plays an integral role in unearthing customer’s buying patterns which are necessary for providing expected banking products and services.   Improved Security   Whenever we adopt new technology, there are always new challenges that we face and thus in this case it is important to ensure that banks remain in compliance with industry regulations and protect customer’s private data from losses, frauds and security breaches. The new technology will pair block chain and AI-powered algorithms which will offer multiple layers of modern and robust security which will reduce the risk of tampering with transactions which results in losses.
    Oct 01, 2018 2