WisdomPlexus's Latest Blogs

Here you'll find technology related information in regards to trends, statistics, comparsions, tips to use them successfully and their applications in various sectors.


Oracle has emerged as a major force in supply chain management (SCM) in the cloud. It wasn’t first to the game, but in 2016 Oracle made the brave and progressive decision to essentially stop selling its on-premise applications and focus exclusively on the cloud for supply chain management the upward growth rates of cloud now make this decision seem obvious, even if it was not at the time.

Oracle has taken an approach to its SCM applications with a foundation in traditional supply chain applications while working to embed modern technology capabilities within these applications. The supply chain portfolio at Oracle consists of seven categories, each built out with products that align with each category.

The seven product categories are product life-cycle management, supply chain planning, procurement, logistics, order management, production, and maintenance management.


WisdomPlexus


IBM has established a global readiness programme tasked with identifying the key impacts of the GDPR across IBM’s business and preparing IBM’s internal processes and commercial offerings for compliance with the GDPR. The programme is organised into several work streams, staffed with IBM’s top data privacy and security professionals. Focal points in each Business Unit are responsible for implementing the GDPR-related policy, system and business process changes mandated by the various key work streams.

This framework takes a holistic approach that spans people, processes and technology. It translates GDPR obligations into the concrete actions and outcomes that are needed to progress towards GDPR readiness. This close interlock helps to ensure that the best practices, solutions and services that IBM uses internally are the same as those we offer our clients.


WisdomPlexus


Digital transformation is changing every industry, and unsurprisingly, banking is at the forefront of this trend. Banks need to improve the customer experience, increase operational efficiency and respond faster to changing business environments.

The first key trend is mobile: mobile is not just a form factor, it is a different experience. This holds especially true in India, which has 77% of urban users and 92% of rural users who consider mobile as the primary device for accessing the Internet, largely driven by availability and affordability of smartphones.

Mobile financial services are becoming more context-aware and going beyond replacing the basics you can do on a web site. While the mobile, financial services customer experience has been cumbersome and time-consuming with passwords, codes and security questions, advances in context-aware computing will enable the mobile customer experience to be on par with other mobile experiences. Budding context-enriched services are predicted to use situational and environmental information about the user’s presence, social attributes, location, etc. to foresee end users’ immediate requirements. Rising demand to augment productivity and collaboration is likely to propel context aware computing market share over the next seven years.


WisdomPlexus


Today’s shoppers expect more than a transactional relationship with retailers; they want a seamless and personalized journey that reflects the context of how they shop across devices and channels. The key to success lies in connecting in-store software with online systems so retailers can provide an uninterrupted experience wherever customers shop.

Driving digital transformation in retail requires connectivity across an ever-increasing number of applications, data and devices. Because of this, connectivity has emerged as a bottleneck that slows the development of new applications and the adoption of new technologies to meet customer demands.

The retail industry is unique in that there are few other sectors which are so complex and varied. Retailers today are required to be multifaceted and adapt to dramatic socioeconomic changes. Not only has the retail industry gone through significant disruption because of technology, but the global economy, changes in working patterns and new entrants have brought waves of change to the modern retailer.


wisdomplexusAdmin