How digital world beneficial for business

[BARRY DANNIE]

Redesigning the processes carried out in companies is a responsibility to reduce costs and optimize production. Having the latest technologies on your side by being aware of what is successful today in the market. It will help your projects have a current business focus, which implies being aware of how hyperautomation is becoming a key to ensuring business growth and its unstoppable digital transformation.

What is hyperautomation?

Hyperautomation is a process that involves optimizing business processes’ automation through machine learning tools, Artificial Intelligence, machine learning and robotic process automation. This is a key element that increasingly organizations are taking into account to automate as many processes as possible through a series of tools and technologies.

Four benefits of cloud migration for business

1. Cost efficiency

Implementing cloud migration services reduces costs, especially for SMEs, since it does not require businesses to have their technological infrastructure. Additionally, “Pay per use” investment models allow companies to focus their efforts on other facets of their operations by only assuming costs for the services they utilize.

2. Information security

Migration to the cloud (cloud migration) implies that a large amount of confidential information will be available from different points. Its implementation includes a layer of security and encryption to protect customer and corporate data.

3. Storage potential

One of the key advantages of the cloud is its capacity to host massive amounts of data at reasonable costs. Additionally, this makes scaling to maintain current and future applications under business objectives possible.

4. Rapid adaptation

Businesses may respond more quickly to market needs thanks to the relocation of their physical facilities to the cloud, helping them to stay competitive. Additionally, it encourages a rise in its production and efficiency metrics. When hearing the term “Blockchain”, Iot Solutions immediately associate it with Bitcoin or crypt currencies.

Blockchain Development is the disruptive technology that broke that trend. Being an open and decentralized cryptographic code, information security and data inviolability are guaranteed, reducing time and costs, among other benefits.

Blockchain Advantages

There are many advantages that Blockchain technology offers, which is why practically all sectors are turning to see it, gradually adopting and adapting this technology. Some of these advantages are:

• Greater security and lower cost. As already mentioned, Blockchain technology allows person-to-person (P2P) transactions in a safe, reliable and irreversible way. This eliminates the need for data validation intermediaries and significantly reduces data validation costs.
• Authenticity and permanence of information. Another of the properties of the Blockchain is that, due to its composition, once the miners have verified the data of any transaction, it cannot be falsified or even erased.
• Within the blockchain, only the moment of that validation can be seen when validating transactions. The previous data of obtaining goods or services, for example, or of any other network where another operation has been carried out, can never be revealed, thus maintaining the anonymity of the users.
• Speed. Decentralization is the key point for reducing the validation time of the operations since by not needing government institutions or intermediaries in the management of information and being an open source, the verification is practically immediate and inviolable.