Tech Executives Express Optimism About Revenue & Employment Growth

While technology executives report that they are ramping up deployment of automation and machine learning across several functions of their company, they also claim they are planning to hire more people over the next several years, according to the results of a survey of U.S. technology CEOs by accountancy firm KPMG. Released on July 11, the findings of a survey of 138 U.S. technology industry chief executives from internet, hardware, software, cloud, and IT services companies showed that around three-quarters of the respondents believe that automation and machine learning are likely to replace at least 5% of their manufacturing, technology, sales, and marketing workforce over the next three years. At the same time, more than half (55%) of respondents said they expect their company’s headcount to grow at least 6%. Almost 60% of the CEOs surveyed said they expect annual revenue growth for their organization over the next three years …

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Is the Sky the Limit When It Comes to The Cloud?

It seems more objects than not are connected to the internet in some way or another. Whether it’s traditional technology such as computers, laptops, tablets and smartphones, or the less expected items such as household appliances, toys, cars, and drones; with an internet connection comes the opportunity to save information to what is commonly referred to as ‘the cloud’. But with so many internet-connected-things, surely the cloud is going to run out of space at some point, right? Just how much information can we store before the entire cloud ecosystem collapses? Or we need to look for a storage alternative? Should we be worried? Will the cloud eventually be as useful to us as the 1.44Mb floppy disk that used to fulfill all our storage needs at one point? There are other things that should concern us too, such as the costs and extensive use of energy required to power such …

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MVP: Startups vs. Mature Products

At Ebix we strive for agility, flexibility, and rapid iteration. Focusing on speed to market first, we then collect feedback and make needed adjustments to our products and services. These agile methods and DevOps are central to delivering a minimal viable product (MVP). Ebix’s use of this contextual concept is surprising to some. They do not realize that we operate with a startup mentality despite having been in the insurance software industry for decades. The notion that MVP is reserved exclusively for startups is a common industry misconception. In reality, businesses with established products can use MVP too, though the application is a slightly different. MVP: Startups vs. Mature Products MVP emphasizes simple feature lists, building products in iterative cycles, and communicating with customers early in product development. MVP, along with Agile and DevOps, may seem like unrelated concepts, but they’re not. For example, for DevOps you need to have …

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Biometrics on the Rise

Fingerprint and retinal scans have moved from the realm of science fiction into everyday consumer and corporate security, and even more rigorous biometric options are on the way, experts say. Deloitte Global says more than a billion mobile devices will rely on fingerprint technology for access this year. New tech makes it possible to authenticate in less invasive ways, improving security across the board. “Behavioral and biometric authentication will make passwords obsolete, sooner than you might think,” says David Vergara, head of global product marketing at VASCO Data Security. “The death of static passwords is no surprise: They’re easily hacked or stolen, they’re hard to remember and they’re often reused from one site to another, maximizing the impact of breaches.” Here’s what you need to know about the role of biometrics. What Can It Be Used For? Biometrics can provide a high level of controlled access to physical places, such …

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Agile Mindset: Lead by Example

Agile mindset: Lead by example

For many years, Facebook’s mantra for developers was “Move fast and break things.” One of Google’s eight pillars for creating a culture of innovation is “Launch, then keep listening.” Though the wording of these two ideas is different, the message from both is the same: Given the pace of innovation today, techno-business agility is essential. At Ebix, we work similarly, focusing on speed to market first, then collecting feedback and making adjustments to our products and services. This doesn’t mean that we’re lowering the bar on the quality of what we produce – in fact, it’s the opposite. We’re just taking a different path to get where we want to be. Focusing on speed to market requires an agile mindset and adaptability. Because projects change all the time, it’s dangerous to have a set picture of what the end product will look like. Six months from now, influences beyond your …

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