Investing in corporate social responsibility activities reflects the company's sense of responsibility towards the community and environment. In this day and age, most businesses, big or small, have made corporate social responsibility a business practice and this practice has helped them build a reputation as a responsible business, gain competitive advantage and do good by contributing to the society. Here are some statistics that prove how important CSR has become for businesses and society: 66% of consumers are willing to spend more on a product if it comes from a sustainable brand - Source: 2015 Nielsen Global Corporate Sustainability Report…
Introduction Welcome to the world of Agile DevOps! In this first blog of the series, we will have a detailed discussion on what Scrumban is and how it can be used to successfully execute a project. To be precise, Scrumban is an agile framework describing hybrids of Scrum and Kanban. It was originally designed as a way to transition from Scrum to Kanban and combines selective best practices of both Scrum and Kanban. It uses the inherent nature of Scrum to be agile for development work along with encouraging teams for following the lean philosophy of Kanban to eliminate wastes…
What does 'Cloudify Everything' mean to us? Standing at the crossroads of digital transformation across all the industries, adopting Cloud as a focused strategy was an impending move. But how will Hexaware help customers maximize their benefits through Cloud? Today, it is important for an organization to be updated as there is a growing need for them to be able to respond to changing demands quickly, to be agile, scalable, cost effective, and provide an enhanced end user experience altogether. Cloud has the potential to deliver all these benefits and more. When we think of Cloud, we think of building…
As evolution progresses from one human generation to the other, learning is the only constant in the change which will be seen in each of these generations. Organizations are also seeking innovative ways in which learning could be facilitated to its employees bringing in more effectiveness in their actions, which eventually would result in better performance and productivity of the individual at the workplace. Today in organizations, it is becoming increasingly difficult for learning professionals to find ways to not only help employees in organizations learn through the requirements, to perform their jobs, but is also as important in the…
Application Security had generally been an afterthought and applied as an add-on feature to enterprise applications in the traditional world of monolithic architectural styles. Today, more and more organizations are embracing a cloud-native approach where software is developed and composed from containerized microservices. According to recent research conducted by PureSec Ltd., serverless architectures have skyrocketed in the last couple of years with an annual growth rate of over 700%. With this growth, new challenges are introduced in monitoring end-to-end visibility and detection of security incidents. So, this trend has necessitated organizations to make fundamental changes in their security infrastructure and…
As more and more organizations have started moving from project-based to product-based delivery, an understanding about product roadmap as an approach to manage the strategic direction is not only gaining prominence but also evolving and mutating in form. This, in turn, is also adding some confusion among users with regards to the format, utility and applicability of the roadmap. This blog is an attempt to clarify certain aspects of the product roadmap, how it is created and, what problems it solves. We will try to clear the clutter and establish it as an easy-to-use artifact. What is product roadmap? A…
I had a chance to be the moderator for a client panel on the topic of Cloudification titled ‘Partly Cloudy with a chance of fog’ during our annual customer meet, ‘HexaRising 2019’! The setting was in Disney’s lovely Dolphin resort in sunny & warm Orlando – a stark contrast to the rest of the country which was recovering from the sub-zeros of the polar vortex. The topic was timely – It has been 10 years since Cloud as a term hit the Gartner hype cycle and while everyone now agrees about the relevance and importance of Cloud; making it work…
Digital transformation has led to sweeping changes around the world. It is fueling the Fourth Industrial Revolution by changing how masses live, work and connect. Given below are statistical data on how digitization is impacting professional services sectors, making them transform business models by adopting new technologies. The professional services industry is also affected by digitalization both internally and externally. The advent of new technologies, like big data, cloud computing, artificial intelligence, and machine learning has enabled the automation of repetitive and foreseeable tasks. The roles of the administrators, customer service representatives, data researchers, and executive assistants are played quite…
The digital age has forever changed the way banking and financial services offer and build products in the near future. Fintech players are rapidly disrupting traditional banking methods with newer business ventures. These shifts in traditional methods have urged the financial industry to rethink their core business models and navigate ways to incorporate digital solutions. Identifying new areas to cut cost is no longer viable. The key question that arises is - can digital technology solutions propel top-line growth? To address this, many firms have responded to the changing landscape by rolling out aggressive digital transformation initiatives. There is a…
Since 2003, regulation has been one of the primary drivers for change in the AML (Anti-Money Laundering) and the KYC operations landscape. While the first five years have focused heavily on identification/disclosure of the sources of funds and cash flow movement, the overall requirements evolved manifold in 2010-11. Banks and financial institutions have since invested heavily on the underlying technology to process KYC requirements efficiently. Although, over the last seven years; with increasing AML and sanctions compliance requirements, most banks and financial institutions [commonly referred to as Banks] have opted to invest more in a people-centric strategy. One of the…
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