Benefits of Cloud ERP for SMBs

 In today's time, every business organization has deployed an ERP Solution that helps it in aggregating and organizing the data present across various departments in the organization. The traditional ERP software is usually present at the parent organization's infrastructure, which constantly demands updates and servicing.

Challenges with Traditional ERP

Most businesses opt for an ERP system, as it easies their intra and inter-departmental processes. However, despite easing the core processes, a traditional ERP implementation possess multiple challenges to the SMBs in the form of- 

·         The key challenge related to a traditional ERP Is that it becomes difficult for smaller businesses to understand the key processes and how they will benefit by implementing ERP systems.

·         Another challenge with a traditional ERP is the lack of flexibility. In case the installed ERP is not flexible, then businesses are forced to adopt the processes as per the ERP to make it functional.

·         A traditional ERP software often demands regular maintenance, thereby bringing in associated maintenance costs. The maintenance costs in ERP after it is implemented are much higher. Since the ERP systems are not deployed with any other businesses, smaller businesses are forced to pay the entire cost of the ERP software.

Understanding Cloud ERP

As the name suggests, a Cloud ERP is based on Cloud hosting, similar to SaaS. Unlike the traditional ERPs, a Cloud-based ERP is dependent on Cloud for assisting companies that share their information across different departments. Cloud ERP is a shared database supporting various functions being implemented across business units. A Cloud-based ERP allows the business employees across departments to access the same information to match their individual/department requirements.

Benefits of Cloud ERP

Various Cloud ERP vendors offer innovative and sophisticated alternates compared to on-premise ERP implementations in today's scenario. There are numerous benefits that SMBs get when they opt for a Cloud-based ERP solution. These benefits can prove highly beneficial to SMBs, as they don't have enough resources to implement an on-premise ERP solution.

The following are benefits that SMBs get with a Cloud-based ERP system-

·         When compared to an on-premise solution, a Cloud-based ERP has a relatively lower cost. The key reason is that hardware and other associated costs are shared amongst other businesses using the ERP solution. The distributed costs of hardware and other related accessories make it an affordable option. Additionally, businesses need not be concerned about the security-related concerns in a Cloud ERP solution. In a Cloud ERP, the IT-associated costs are also shared amongst others present with the same ERP vendor. For SMBs, lowered costs can be a great option as it helps them overcome any unwanted additional cost of under-utilized staff.

·         Experts often believe that the estimated time taken to implement a Cloud ERP solution is near 1/4^th the time taken to setup a traditional, on-premise ERP. Cloud ERP can be easily setup as Cloud ERP already has predefined modules that can be easily integrated. An SMB just needs to pay the ERP provider a subscription amount to start using the services. A Cloud ERP faces minimal downtime during the software upgrade process. The ERP vendors entirely manage Cloud ERPs. Software setups have eliminated any dependency from businesses, and there are no disruptions to business operations.

·         For businesses, it becomes challenging to have on-premise ERP demands continuous maintenance to keep it running and functioning with the highest degree of efficiency. On the contrary, a Cloud-based ERP has a bare minimum requirement and has an active, steady Internet connection. An active Internet connection helps SMB get maximum proficiency and no hindrance or interruption in their core working areas.

·         Any ERP system is responsible for storing confidential data. When an SMB opts for a Cloud-based ERP solution, it offers multiple encryption layers that enhance security levels of critical data, ensuring maximum security of stored data.

·         Cloud-based ERPs allow SMBs to streamline their critical business processes. Employees are often given role-based access to data. With Cloud ERP, it becomes possible not to be physically present at the ERP location, and business processes are updated concurrently, even from remotest locations.

·         ERP solutions can be used for integrating all the necessary information from multiple departments, which becomes an effective method for enhancing core business operations. The Internet contains essential information regarding the business, thus making it easier to have a Cloud ERP connection. Cloud ERP connections allow the employee to fetch and update the required data on the go. Cloud ERP solution can help employees who work from remote locations for finding and sharing the desired information.

Conclusion:

Recent market trend depicts that SMBs rely heavily on Cloud Computing for storing their critical data. When integrated with Cloud, ERP systems will offer multiple alluring benefits to business organizations that help them stay ahead in their industries.

Embracing Change – How Banks are Adopting Digital Innovation

Digital Technologies are creating an unprecedented disruption across the banking sector. Digital technologies have radically transformed the way industry operates accelerating the shift to automation. The technological advancements are enabling the banks to meet the customer expectations delivering enhanced services. Digital technologies have unleashed the potential of the banking industry to enable 24×7 online access to the services.

 

 

Evolution of Digital Banking in India

In the late 1980s, the need for computerization was recognized in the Indian BFSI sector to deliver exuberant customer service.  To address the introduction of computerization in the BFSI sector, the Reserve Bank of India set up a committee in 1988.    

The banking industry transformed drastically from computerized records to digital banking. Post computerization, banks adopted core banking solutions to deliver service excellence. With core banking solutions there was a transition from branch banking to bank banking. Core banking solutions enabled banks to offer customer convenience through “Anywhere and Anytime Banking.”

The rising competition between private and foreign banks compelled the financial institutions to leverage digital services to stay competitive.   

In April 2016, the Indian government launched the UPI system ensuring easy money transfer to and from banks. The dawn of the UPI system introduced Mobile banking in India that kicked up a digital revolution. Before 2016, mobile banking was offered only to account holders. In the present scenario, UPI made it easier to open an account and make transactions via a mobile phone.

For security reasons the government initiated the process to link the Aadhaar number with bank accounts to ensure the person who owns the account can only access it. Today, digital banking has made it convenient to create and access a bank account eliminating the need to visit the bank branch.

The introduction of UPI and BHIM by the National Payments Corporation of India laid the foundation of innovation in the domain of Payment systems.

Prioritizing customer needs to ensure a fast, accurate, and quality banking experience, the Indian BFSI industry is leveraging digital technologies to ensure an exuberant customer experience. Integrating digital technologies in the BFSI industry implemented electronic payments system, Time Gross Settlement, Cheque Truncation System, Mobile banking system, and internet banking.

What is the Role of Digitalization in Banking?      

Digitalization has brought a great transformation in the BFSI sector. With Digital Banking Solutions, there has been a transition from manual to automation in the banking industry. The transition to digital banking services has minimized the errors caused due to manual intervention.

1. Enhanced Customer Experience:

The Digital Banking Solutions have enabled the banks to deliver an Omnichannel banking experience facilitating customer-centric services. Digitalization in banks offered analytical insights enabling products or services to be tailored to users based on their preferences, behavior, choice, and financial health.

2. Grab New Prospects/ Customers:

Consumers are migrating from traditional banking to online banking for convenience in accessing transactions and services. With the growth in digital banking customers, financial institutions have witnessed an increase in the number of customers.

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Input Validation Errors: The Core of Website Security Evils

In the past few years with the rise of technological innovations, there has been an increase in the number and sophistication of security breaches. Poor input validation has turned out to be the root cause of these embarrassing data breaches reported in the last few years. While compiling the code, the developers create input fields for the users to enter whatever they wish. The website is secure until the unchecked input fields are not used for hacking.

Let’s see why input validation is crucial for website security

What Is Input Validation?

Websites processing input data from users or a wide range of systems should ensure that it is valid. Validation is carried on a variety of levels ranging from simply verifying the input types and lengths i.e. syntactic validation to ensuring the inserted values are valid in the application context i.e. semantic validation.

For websites, input validation is nothing but verifying the values inserted in the input field ensuring date, email address and other details inserted in the field are valid. This is the initial step for client-side validation performed directly in the browser and submitted values are verified on the server-side.

Input Validation is a commonly used method to check potentially dangerous inputs ensuring they are safe to be processed within the code.

Consequences of Improper Input Validation

Input validation reduces the attack surface minimizing the impact that tends to succeed. Improper input validation leads to incorrect results on the website or even crash. Insufficient input validation degrades the user experience on the website. If the registration form fails to detect the incorrect details entered on the form, the user won’t be able to confirm the account.

Also, there might be a circumstance where the invalid data clears the validation process on the browser side and is trapped during server validation. This process might take a longer duration to drive a response to the user.

How can we ensure Proper Input Validation?

Earlier, input fields were validated using the JavaScript either manually or with the help of a dedicated library. It’s better to look for the existing validation features rather than implementing validation since it is a tedious process. Languages and frameworks are consisting of built-in validators ensuring reliable and easier input validation.

• Blacklist and Whitelist Based Validation

Typically input validation for website security is carried out by blocking elements that can be used for an injection attack. Apostrophes and semicolons can be disabled to prevent SQL injection, parenthesis can be banned to stop a malicious user from inserting a JavaScript function. This is nothing but blacklisting elements and it is not advisable to use the technique. Blacklist-based validation is not feasible to implement since the developer can’t predict all the attack vectors which might help the hacker to bypass the validation.

Whitelist based validation can be used for well-defined input variables like numbers, dates, postcodes, etc. Whitelist based validation will help you to state the permitted values and reject the other input values. HTML5 format delivers a predefined whitelisting logic with built-in data type definitions where the inputs fields have predefined validations. 

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CDN Solutions: Business Benefits, Use Cases & Future Scope

 

Benefits of Content Delivery Networks & Future Scope

In today’s digital and Internet age, websites serve as the first point of contact between an outsider and enterprises. Without having a dedicated website, it becomes quite difficult for organizations to establish trust among the potential end-customers. To drive in customer trust, all businesses, irrespective of their sizes, now have their website. Today, various organizations exist across industries like e-Commerce, video sharing, or OTT who run their businesses through websites only. For such organizations, a Content Delivery Network or CDN solution is necessary.

Defining PoP

A PoP or point of presence defines a physical location where multiple CDN Edge Servers are present. Multiple PoP present at different geographical locations forms the entire CDN network. Also, the number of PoPs of a CDN provider has a direct and huge impact on expanding the global reach. PoPs play an important for storing and caching the static content. The static content can be easily cached as compared to the dynamic content.

Rather than the user placing his request to a distant data center (PoP), he can easily do it with localized PoPs, having a much shorter distance. By feeding requests to the localized PoPs, there is a significant decrease in the RTTs (Round Trip Times), resulting in better performance of applications.

ESDS’ Enlight CDN PoPs in India

CDN providers like ESDS have deployed their multiple PoPs across India for delivering the fastest & cost-effective CDN Solution to their localized users.

Defining CDN Solutions

A CDN depicts a network of data centers along with proxy servers that are geographically distributed. A CDN solution’s core aim is to offer end-customers with localized servers, known as PoPs (points of presence), to reduce latency and enhance load balancing. Low latency in content delivery in real-time results in an improved and faster user experience. CDN providers like ESDS are playing an important role in the Internet domain by offering enhanced user experience. The advanced technologies adopted and applied by these CDN providers are focused on enhancing customer experience using numerous techniques.

How Do CDNs Benefit Websites and Other Online Platforms?

For any CDN Solution, the ultimate benefit they offer is enhanced user experience by reducing latency in fetching real-time data. Other added benefits of a CDN solution includes

Benefits of CDN

1. Reduced Loading Time and Latency

Geographical locations play an essential role in download speed and latency since the CDN will receive and distribute traffic to the nearest available PoP. Hence, a strong CDN network helps reduce webpage loading time and increases the data transmission rate. Nowadays, CDN providers are also using other methods for faster data transmission. They are using advanced technologies for managing the caching servers. The cached content gets distributed as per demand, making it readily available to the user. CDN providers can also increase the user’s incoming requests’ response speed with the caching content placed closer to the customer.

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India’s own Banking Community Cloud

 

Indian Banks are experiencing a colossal change in their banking processes due to rapid evolution of technology in their vertical. Banks of all sizes in India have understood the importance of cloud based banking services and how these services can aid their issues. Earlier banks had to contact an IT personnel to provide additional applications and compute power which was very time consuming and would delay the decision making process. Hence, now-a-days IT is no longer seen as a complex scenario and the banks have started recognizing the opportunity and scope in cloud computing services.

ESDS introduced the world with the concept of Community Cloud which includes common concerns of a particular industry like security, compliance and service norms. The World’s First Banking Community Cloud is presented exclusively to the financial sector by ESDS which comprises of all the cloud based services for the industry. Indian banks have taken it up a notch to enter the IT field and adopt Cloud Computing and benefit from its matched services. SaaS is supported as a part of Banking Community Cloud which provides ready to use Core Banking Solutions, Payment Solutions, Mobile Banking and many more services. With a mix of PaaS, we have various Independent Software Vendors who cater to their own banking customers where they deploy the same software and continuously update through the management portal offered by us. ESDS along with its widespread network of partners has formed India’s first Application Service Providers (ASP) model to offer solutions to banks for their each and every kind of need.

ESDS has expertise in working with over 280+ banks which includes private, PSUs, district co-operatives, apex banks, scheduled and other financial institutions and organizations. The Banking Community Cloud has been developed by keeping in mind the smallest of concerns raised by banks. The three main issues which are generally faced by banks are; security of their data, complying with industry standards and finally having control of their data and applications. When banks choose to adopt the community cloud, they receive benefits like: secured services, efficient utilization of resources, flexibility in business and a reduction in total cost of ownership because they are relieved of purchasing any physical hardware or software licenses. We provide everything from basic IT infrastructure to hosted payment platform and digital banking services to optimum security for your bank’s website through VTMScan. Banks who wish to migrate to our Community Cloud receive end-to-end support for infrastructure management and colocations services.

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SD-WAN Securing Dynamic Networks

Internet Native applications and services are demanding more performance, bandwidth, and flexibility forcing Networks to evolve. Enterprises rely heavily on WAN networks for connecting their branch offices and ensure uninterrupted connectivity to remote locations. They are investing heavily in WAN infrastructure and the resulting maintenance costs. Software-defined wide area networks (SD-WAN), hybrid WAN, network function virtualization (NFV), and application performance management (APM) are some new technologies able to meet these needs.

The unstoppable growth in data volumes due to the Digital transformation is prompting organizations to deploy these new networking technologies to push ever more business traffic over cellular networks and public Internet links pushing it outside the boundaries of an organization. Resulting in the disappearance of the traditional security perimeter and increased number of internet breakouts, thus multiplying the number of potential points of entry for hackers to exploit. It’s a complex, vulnerable environment, that’s both difficult and vital to protect.

MPLS and Ethernet services are still playing an important part in the network landscape, the rise in the importance of these new technologies means that they need to be included in wider networking, with an embedded security strategy that incorporates cellular bandwidth provision and local Internet breakout.

A parallel change can be observed in the role of Security Technology in the new virtualized environment driven by the evolution of Network Technology. Earlier it was easier to design a network with the hardware and software applications in the data center being the focus of the security defenses. As software extends to start controlling the network it will also require to control the security.

The process starts with the virtualization of core network security devices and ends with completely connected and streamline defenses, security controls, responses, and processes around events. Dynamic networking availability translates to data destinations increasingly hosted on virtualized technology in a customer’s network, creating a need for visualized network security function to flex with the network. Any move to a virtualized environment requires it to smooth and seamless, fast and most of all, and automated. ESDS SDWAN services simplify complex challenges helping organizations to quickly streamline or orchestrate a range of security services from basic service management through to full incident response and threat intelligence. For the success of full security technology and process life-cycle, dedicated support from skilled professionals. 

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IoT Driving Logistics Industry

 Case Discussed: SmarTrucking by DHL

DHL introduced SmarTrucking, an innovative trucking solution by leveraging IoT Technology. This new solution is currently being rolled out across the road networks in India and trucks are now being equipped with Internet of Things sensors to provide a real-time data analysis regarding route optimization, reduction in transit times by 50% and providing reliability above 95% for real-time tracking.

The IoT sensors will be monitored through the company’s centralized control tower, which will provide real-time temperature and consignment tracking of the perishable goods. The information as well alerts are sent to the customers and DHL SmarTrucking operations teams by the means of a customer portal and a mobile app.

With greater efficiency from this solution, DHL expects to transport 100,000 tonnes of cargo covering a distance of nearly 4 million kilometres Pan-India on a daily basis. This system utilizes an agile which rotates the pre-determined stops of drivers located across the country, enabling the drivers to the return to their origin point with another truckload.

This solution was launched last year, in May 2018 post successful three-month plot that covered a road network of 2.7 million kilometres. The firm wishes to achieve a fleet of 10,000 enabled trucks by 2018.

DHL Using IoT in Logistics

IoT and Logistics Industry Ecosystem

In order to implement IoT in the logistics industry it is going to require a strong collaboration, besides high levels of participation taking place between the different players and competitors present in the supply chain with a common willingness of investing in IoT.  The shared end goal would be creating a thriving IoT ecosystem. To achieve this end goal, the following are some key success factors-

1. A clear and standardized approach for using the unique identifiers for various types of assets within different industries on a global scale

2. Seamless interoperability in order to exchange the sensor information within heterogeneous environments
3. Establishing trust and ownership of data to overcome the privacy issues in an IoT-powered supply chain
4. A clear focus on the reference architecture for IoT
5. Changing the business mind-set for embracing the full calibre of IoT

IoT Ecosystem in Logistics

The logistics companies are working on IoT technology in order to streamline their business processes and reducing visibility. IoT technology is playing an integral part in the growth of the logistics industry. It has provided smarter warehouse management which can by tightening the supply processes by the use of sensors and other intelligent devices.

Global Spending On Connected Logistics

IoT Use Cases in Logistics Industry

1. Location Management System

In the logistics industry, IoT helps in creating a smart location management system which can enable the companies to easily track the driver activities, location of the vehicle, and delivery status. Once the goods are delivered or arrive at a place, the manager can be notified by the means of a push message.  This solution can be an irreplaceable assistant in planning the delivery as well as compilation and viewing schedules. All the changes can be detected instantly and reflected in real time. Thus, IoT technology can be used for improving location management and business process

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Adopting Infrastructure as a Service Can be a Good Deal

 

Infrastructure as a Service

 

Analyzing the Indian companies from 2005, we can notice a big paradigm shift in relation to the culture of proprietary technology equipment. This means that there was breach of the resistance option of renting rather than buying. With credit difficulties, especially with the 2007 crisis, corporations were forced to see new possibilities. Then we noticed that the model called Infrastructure as a Service (IaaS) fit in nicely in this new scenario, because in addition to efficiency, it is quite functional from the financial point of view.

Today, many major companies already work under the IaaS model. In fact, we are living the beginning of time to the glory of IaaS and believe that the peak demand will occur in the coming years, given the economic growth of the country and the sporting events to be hosted here.

Regardless of how they are being organized, these events are already forcing Indian companies to fit in physical infrastructure. We will need new airports, stadiums, bridges etc. These works require a strong back office, for companies providing services need to quickly assemble IT environments with flexible services. Our restructuring economic environment is enabling companies to see themselves with the plans in the long run. This brings some comfort and optimism to our area.

Another favorable factor in relation to the IaaS model is that, with the pressure to decrease in IT budgets, companies are seeking new alternatives to maintain their functional and updated assets in accordance with the need of its core business. In addition, the model developed for dilution and reducing compliance costs should house in its concept, especially the estimate of expenditure made in hardware, software and peopleware in a fully managed environment. It is also worth noting that the unification of various services not only reduces the costs of managing multiple contracts, but also reduces the solution time for users. These are all advantages of IaaS model.

The integration of this service is complete and transparent and will purchase the equipment from the manufacturer to configure for each user. That is, the control, maintenance and management throughout the lifecycle occur in a clear way. The customer has the whole operation running on back office and sees strategically. So for that reason, user does not care, for example, with stock parts, spare machine at its headquarters and other scattered subsidiaries – all this is the responsibility of IaaS Cloud Services Provider engaged.

With this structure offered, it becomes easier to understand why it is advantageous to employ this type of specialized service. From the moment you have this logistics composition, storage, style, purchase volume with manufacturers, you can use it in a shared manner. It is essential to point out that when the customer places an IaaS contract, he is not only buying the ability to use the hardware and the management of it, but also support for this hardware. What does it mean? It means that when you need some technical support service, whatever the problem is, the user will only have to trigger the IaaS provider that, in most cases, you can solve the problem remotely. If not, the machine will be replaced by another in the SLA, which is a commitment to deadlines rigidly established in the contract, to service users and which, if not met, the provider will be subject to heavy fines.

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Best application development software company

 With a customer-first focus, we aim to provide customized and top-notch applications to our customers so that they experience best performance with rich features on their platforms.

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3 Business Benefits of using DCIM tool

 

Outline

Growing Data center businesses with increase of big data is leading to the adoption of centralized management system that can reduce the efforts of managing huge data center and provide efficiency in all facets. Use of DCIM tool expedites the complete management of Data center; it helps the overall efficacy of enterprise. What else can be the hunt for Business benefit, than solution with cost saving and productivity?

Current Scenario

Gartner’s prediction in 2011 was that by 2015, DCIM tools and processes will grow more from 5% penetration in 2011 to 60%, now seems to be reality. Even if the digits remain unmatched, the headway with which companies are adopting DCIM delivers the future importance of DCIM in Data centers and enterprises. Benefits of using DCIM tools for Data center management, which has not only affected the turnaround of Data centers but also of Companies reveals its eminence.

Feature and Benefits

3 acute features of Data center management tools like eMagic, that has improved the productivity of enterprises with prominent cost savings and resource utilization, these features provides perfect business benefits and noticeable return on investment promising complete investment protection.

Real time textual and graphical details of data center resources:

Dashboards and user interfaces that presents the Monitoring results in graphical form and offers easy to manage and control platform helps in real time information representation and management. Real time data with easy and breezy graphical dashboard enables user-friendly interface for taking quick actions and hence improves response time and timely management providing accuracy. It becomes easy for Non-technical person also, to manage the data center with graphical dashboard, this helps reduce the cost involved in increased human intervention and other resources for handling Data center.

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