Low code/ No code Solution to Digital Transformation

Category: Business, Cyber Security, Digital Enpowerment

“Change is the voyage which needs to continually discover its own landscape, avoid potential pitfalls and enjoy unique scenes of digitalization.” – Pearl Zhu

The IT department is the nerve centre of daily operations in the digital world and businesses are heavily dependent on no code to fix issues faced on a day to day basis. This overt dependency and reliance on code results in delays in bug fixing, creating backlogs and piling up IT requests that could take an inordinate amount of time for resolution. Inorder to mitigate the challenges faced by code and enable digital agility businesses are embracing no code development platforms that promises to be a game changer in IT enterprise.

Despite rapidly increasing challenges in the digital space there is only limited source available to manage and troubleshoot IT issues faced by companies. Inorder to meet the high expectations of stakeholders and provide faster resolution businesses need to foster a culture of innovation by building applications at a rapid pace with the help of no code that would give them the competitive advantage for delivering value based product offerings and services.

A no code development platform helps new entrants, start-ups and non programmers to create application software through drag and drop visual elements for assembling applications. It allows business users without any technical background to develop software through drag and drop tools and integrate them with web services, cloud platforms and utilities for developing fully functional applications without any coding. Both developers and first time users can now leverage on the no code for process mapping, workflow automation and streamlining their business processes in an agile and efficient manner.

IT staff need to focus on new changes, development and bug fixes. No code platform allow users to create their own app and reduces the reliance on IT staff. IT staff can now spend their quality time focusing on critical issues that affect the front line and the clientele. This helps in reducing the waiting time and provides speedy resolution for key issues that demand programming expertise exacting immediate attention. Ni code helps in effective utilisation of resources through need-based allocation and deployment resulting in enhanced productivity and workforce optimization.

The consumerization of the IT industry has given rise to development of many applications resulting in potential threats and vulnerabilities in the landscape of cyber security. The burgeoning shadow IT has resulted in security gaps that possess a huge risk to data confidentiality and challenges related to cyber governance. The deployment of no code solutions would help the IT team to establish a robust compliance framework to monitor and mitigate the impact of shadow IT through digital empowerment.

The complexity of code poses big challenges for change management and remains to be a pain point in traditional coding. No code development has accelerated the velocity of change and is getting companies to rehash their change management process through inclusivity without any disruption. Thus helps in building a better collaboration between IT and business units by reducing the downtime and maintaining business continuity.

No code enables businesses to deliver scalable business solutions and superior customer service through experiential learning and development. Businesses can measure customer feedback and responses and cater to the dynamic needs of the customers by optimising their business processes and workflows. This would help in identifying bottlenecks and remove inefficiencies resulting in reduced operational costs and boosting revenue.

Conclusion

We at Newlineinfo Corp have an engaged team and are committed to delivering high end digital capabilities through seamless business solutions and service delivery.

VR set to transform Learning on the Job?

Category: Business, IT staffing and consulting, Mobile

“Productivity depends on many factors, including our workforce’s knowledge and skills and the quantity and quality of the capital, technology, and infrastructure that they have to work with.”-  Janet Yellen

Businesses have realised the importance of Virtual Reality and the benefits derived from carrying out learning and development of their staff by leveraging on its far-reaching benefits and advantages. VR provides for simulated learning scenarios enabled through usage of mobile telephony, standalone headset and desktops using high end computer devices.

Virtual Reality has become a game changer for companies to engage staff and boost productivity levels through responsive learning and continuous improvement. New technologies like eye tracking software, biometrics and brainwave monitoring have enabled companies to closely monitor the progress of employees and institutionalise scalable modern training methodologies aided by VR for better knowledge retention and enhanced employee engagement at a reduced cost.

Soft skills like public speaking, negotiation, selling and networking hardly find a place in the education system and these enterprise skills are high in demand for jobs requiring client interaction and decision making. VR helps in upskilling the workforce through Integrated learning with traditional methods and provides a platform for learning via simulated environments. VR has made remote learning possible eliminating the need for in-person training without compromising on interpersonal connection. Managers can monitor the performance of employees online and provide developmental feedback to their employees for improvement.

VR helps in simulating spaced repetitions of random workplace scenarios that reduces the employee learning curve significantly. This helps in getting the employees future ready with the necessary skill sets that are transferable and sensitising them in potential real life scenarios with the help of effective learning experience.

VR also helps in identifying talent and reducing the time taken to on board new candidates through smarter recruitments. When a large number of candidates need to be interviewed. VR enables online interaction and helps in assessing the aptitudes and skill levels of the candidates precisely to identify the right candidate within a shorter span of time. VR provides greater flexibility and attracts the talent across the globe through new recruitment strategies like taking a virtual reality tour of the workplace, immersive on the job Virtual Reality job experience, fun filled onboarding process. 

VR technology will also aid the employees interact with their sales prospects and customers effectively across multiple geographies by collaborating them in different time zones that helps in delivering better results. Experiential learning through VR can help employees achieve greater success in customer service through cross selling customisation and product simulation.

Conclusion

We at Newlineinfo Corp constantly strive to deliver customised digital solutions through enhanced employee engagement and Customer Focus.

Digital Transformation in Healthcare: Did the pandemic accelerate it?

Category: Business, HealthCare, Others

“Technology is not to be feared; it is only to be understood.” – Carolina Varela Rodríguez

Covid 19 continues to pose multiple challenges in the field of healthcare and the medical fraternity is struggling with the emerging trends in transforming healthcare through the digital revolution. Healthcare experts have come up with innovative ways of treating patients with the help of well-defined strategies that would deliver the much-needed succour and reinstate the confidence in people by allaying their fears. Let’s look at some of the state-of-the-art technologies that have pioneered a paradigm shift in the areas of healthcare and medicine.

Telehealth

Telehealth is a game changer, that enables active monitoring of patients by monitoring their medical condition remotely and prescribing medicines based on the evaluation carried out. Remote diagnosis & monitoring of health conditions of patients helps in improving clinical workflows & medical practice efficiency through effective patient engagement with easier accessibility. Examples of Telehealth include monitoring of vitals, blood pressure, ECG of patients and treating them remotely with the help of medicines. Continuous monitoring of health conditions with the help of digital monitoring through mobiles, computers helps in identifying any changes in critical health parameters and provides the necessary treatment and clinical support through digital imaging and telecare. Digital enablement has made healthcare more accessible and patients can get the required medical advice at ease with enhanced healthcare experience through synchronous care and otherwise.

Digital Clinical Workspaces

Digital Clinical Workspaces have made pathbreaking changes in the delivery of healthcare. This technology in healthcare helps in providing advanced and personalised care with better efficiency and turn around time. Digital workspace helps in creating a robust electronic health record about patient medical history along with their personal information. The mobility solution helps in streamlining the longer clinical workflows and helps in spending quality time with the patients that reduces the risk of readmission. Anytime, anywhere access to patients track record and medical history helps in providing seamless healthcare solutions with clinical precision. This also provides the impetus to embrace new digital technologies in the healthcare space.

Medical Chatbots

In order to sensitise and expedite healthcare processes during pandemic, Medical Chatbots have been introduced. Medical Chatbots are powered by Artificial intelligence that helps the patients in connecting with the insurance companies and healthcare providers. It also helps in resolution of queries and concerns raised by the patients by making the relevant healthcare information available to all the stakeholders concerned. Such health bots also provide real time assistance on diagnosis of symptoms and recommended treatments with therapeutic information. This also helps in quicker information sharing and accelerates the pace of decision making during a pandemic.

Data Analytical Capability

Healthcare companies need to upscale their data analytical capability in order to be future ready, in the event of any unforeseen, pandemic. Analysis of large volumes of medical data could provide pathbreaking details into identifying any patterns relating to pandemics and endemics that can offer predictive insights about tracing of contacts, medical readiness and outcomes. Artificial intelligence and Machine Learning techniques need to be imbibed for faster and accurate diagnosis of diseases and providing immediate assistance in the areas of pharmaceutical initiation, medical research and development of medicinal treatments for the control of outbreak.

Conclusion

We at Newlineinfo are committed to the wellbeing of our staff and continuously strive to provide the health care support and medical assistance required for tiding over this crisis situation with minimal impact to all our stakeholders.

Performance Evaluation in a pandemic: Is this still on?

Category: Business, IT staffing and consulting, Others

“In business, the idea of measuring what you are doing, picking the measurements that count like customer satisfaction and performance… you thrive on that.” – Bill Gates

Performance Evaluation is a critical activity that provides a great opportunity to the manager and the employee to reflect on the achievements and learning. In a pandemic situation like COVID 19,  it’s a daunting task to conduct a fair and free performance evaluation without leaving room for any kinds of bias.

Managers need to put on their thinking hats and needless to say have an open conversation with the employees for an effective performance evaluation especially during this pandemic situation. Here are some of the ways by which this can be achieved, for a mutually rewarding experience.

Role Clarity

Laying out a well defined performance evaluation criteria along with a clear direction on role clarity would help employees deliver their performance goals resulting in enhanced productivity. Performance metrics can be used to measure these criteria that would add a lot of value towards maximising employee contribution and enhanced business outcomes.

Evaluation Criteria

The think tank needs to have common viewpoints on the skills set that would be required to achieve the business goals in a crisis situation. Employee performance needs to reviewed in conjunction with the competencies that would be required to deliver the desired  results. Managers need to align their evaluation criteria to have a standard approach towards a performance review and assessment.

Having regular appraisal discussions with employees would go a long way in maintaining the emotional connect with the people that would allay the cobwebs of fear and anxiety lurking in the minds of the employees during pandemic situations. The evaluation criteria needs to be monitored consistently against the performance goals and managers need to be empowered for decision making based on the framework of performance evaluation. This would also help in keeping the staff morale high through open and transparent communication and would help keep any unconscious bias under check.

Redefining Objectives

Reviewing the existing roles and redefining the role requirements would go a long way in tiding over crisis situations. Identifying high performers and loading balancing across the different business functions based on the strategic intent would result in talent churn by unlocking hidden potential.This can be a critical tool for providing opportunities for employees to build on skill sets for vertical and horizontal growth and creating mobility within the organisation.

We at Newlineinfo Corp strive consistently towards achieving business excellence by working shoulder to shoulder with our highly engaged employees. We value our people and look for opportunities to build superior capability and talent through new ways of working and methodologies. 

Reimagining Talent Practices: Recruiting To Retain

Category: Business

Talented people are vital to our continued success, and we continuously invest in our associates, giving them the tools and training to succeed. – Indra Nooyi

Businesses are rapidly aspiring to reimagine talent practices for enhancing the skill quotient of their employees in the digital workspace. Hence there is a need to revisit the conventional practices and build an effective talent management strategy for enhanced business outcomes and customer experience.

Let’s look at some of the new age practices that would create a paradigm shift in the way’s businesses build their core competencies.

Robust profiling of employee’s skills sets and talents would help in creating a valuable repertoire of information that would help in understanding the employee’s career aspirations, onboarding and role fitment.

Transparency in the availability of opportunities within the organization would create a dynamic environment for the employees to grow both horizontally and vertically. Internal job watches, trending jobs etc would help in breaking the silos and building an inclusive talent management system within the organization.

Businesses need to look at generating fresh ideas and unlock the hidden potential of their employees for improving their business processes by simplifying their workflows that would result in better efficiency and saving costs. This can be achieved by having regular Hackathons, crowdsourcing sessions and setting up of work groups that focus on critical themes covering quality, cost, people and customer. Reward and recognition can be institutionalized for enhanced collaboration and active participation.

In addition to, on the job training, businesses need to have different channels for employee engagement. These would include podcasts, webinars, zoom meetings that would result in connecting with employees and leverage their talents. Technical, Soft skill training and assessments need to be provided to enhance the digital maturity of the staff that would help them cope up with the dynamic demands of the future.

An effective framework needs to be built for measuring the talent development plan with the help of data analytics, business metrics and dashboards. This would help in measuring the key indicators covering the learning curve, skills learnt, productivity and voice of customers. Key learnings from these indices need to be reviewed at regular intervals for measuring the effectiveness of the talent management strategy and an action plan needs to be agreed upon with all stakeholders for follow up and delivery.

Conclusion

We at Newlineinfo, have an engaged team that caters to the dynamic requirements of our clientele. We consistently upgrade our core competency to remain competitive through rigorous talent management practices that deliver value to all our stakeholders.

Investing In Start-Ups: The Rewards and Risks

Category: Business

Entrepreneurship is not a theory, it is an experiment.
– Amit Kalantri

“Entrepreneurship is not a theory, it is an experiment.” – Amit Kalantri

Global economy is changing rapidly, and the burgeoning start-ups need investment to turn their ideas into sustainable business models. Investing in the start- ups can be a game changer and a mutually rewarding experience in the evolving financial spectrum.

Investing in start-ups comes with a wide range of benefits that are tangible and businesses have an array of investment opportunities to choose from.

Investments made in start-ups can provide diversification of portfolio and informed asset allocation that can help in managing the investment strategy based on risk appetite. Sectoral strategy in the field of technology, healthcare, consumer durables, financial services need investments for their business development and growth plan. Start-ups provide significant investment options for companies for leveraging on their expertise and gaining financial momentum.

The companies can put their industry experience and insights to effective use by investing in start-ups which would create more jobs resulting in financial growth and inclusion.

Investing in start-ups can also lead to innovation through integrating with frontline technologies. This would help unlock their entrepreneurial potential and achieve competitive advantage.

Companies can also support in the alleviation of social and environmental issues and can play a key role in combating them through impact investing. Combination of business acumen and social responsibility can inspire change and can create a positive impact in the society.

Established companies tend to have high administrative expenses and rigidity in their operating style. Investing in start-ups can be more cost effective that would result in enhanced efficiency through flexible modus operandi.

No start up business is free from risk. These could include risks associated with the market, technology, operations and funding. Start-ups need to make a qualitative assessment of the market trend in which they operate and need to have a backup plan for absorbing any potential impact due to market movements, technological or financial changes. Hence a robust risk management strategy conjoined with calibrated risk mitigation plan would result in effective management of Startup businesses.

Conclusion

Newlineinfo Corp lookout for fresh ideas that can be turned into sustainable business models through appropriate investment strategies backed by wealth of industry experience and sharp insights on business requirements for delivering superior value propositions.

How RPA benefits your business growth

Category: Business, IT staffing and consulting

“The relationship between technology and people has to change in the future for the better, and I think RPA is one of the great tools to enable that change”. – Leslie Willcocks

Robotic Process Automation has become a new normal in the ways business carry out their operations and many organizations around the world have started embedding RPA tools and techniques to transform their operations due to its far-reaching benefits.

RPA works on a set of predefined rules and it’s used structured and unstructured data to handle repetitive tasks that were erstwhile carried out by humans. It frees up the time and space for the digital workforce and has enabled them to focus on delivering value-added services to their customers.

Key businesses where RPA is trending and is set to make sweeping transformations are covered below.

Finance: RPA uses technology like UIPATH and Blue Prism to automate repeat functions like preparation of customer invoices, managing and reconciling vendor payments, account payable processes with limited human supervision. This will result in a reduction of errors, end to end cycle time, adherence to the standard operating model, and enhanced customer experience.

HR: RPA offers tangible solutions in the field of HR and can transform the way organizations, onboard employees. The employee hiring and onboard process involves a set of tasks and undergoes multiple iterative rounds of email exchanges between the hirer and the candidate. Implementation of RPA will transform this process by reducing the onboarding time and manual errors associated with this process resulting in a seamless onboarding experience with minimal lead time. HR functions will also reap the benefits of RPA by extending their capabilities in other HR activities like training, employee engagement, etc.

IT: IT service sector is entrusted in handling critical business activities and any disruption in its activities will result in huge financial loss impacting all stakeholders. RPA will play a significant role in mitigating this risk by ensuring continuity of business through scheduled maintenance of critical infrastructures like server reboot, server configuration resulting in reduced downtime and system outage. RPA will also transform the ways of other IT enabled services like creation of email ID’s, management of security credentials and data backup and archival are handled manually, through automation and standardization.

Insurance: Insurance space is growing rapidly and a lot of its operational activities are still manual which makes it a natural prospect for automation. Repetitive processes like policy servicing, cancellation, and claims management give tremendous automation opportunities with the help of RPA resulting in reducing operational risks and faster TAT. This will also result in providing a robust audit trail and regulatory compliance. RPA will also help in providing scalable solutions to meet the dynamic demands of its clientele.

In future businesses will need to adapt themselves to market dynamics and keep pace with the technological changes like RPA which would enable them to re-invent their core competencies and restructure their modus operandi. This would fit them out with the competitive edge needed to meet the growing demands of their customers resulting in enhanced profitability.

Newlineinfo Corp would look at various options in leveraging RPA techniques and deploying them in its modus operandi in a bid to gain a competitive edge.

The Role of AI: Shaping the leaders of tomorrow

Category: Business

“In 50 years, this 18-month period being we’re in now will be seen as being crucial for the future of the AI community. It’s when the AI community finally woke up and took itself seriously and thought about what to do to make the future better”. – STUART RUSSELL

In the new digital era powered by Artificial intelligence and Machine learning, businesses face a fundamentally different leadership challenge. Leaders will need to create new organizational narratives about the nature of work, the role of people and machines in the evolving organizational landscape.

AI helps business leaders to make decisions based on data crunching and helps in predictive modeling through automating business processes, reduce cost through data analytics, and engaging with clients and employees through chatbots, intelligent agents, and Machine learning.

How AI can change the landscape of future leadership and decision making is calibrated below.

Resource Management: The objective of resource management is to manage resources to add maximum value for the clients and stakeholders. AI can be used to build data-driven decisions to analyze and implement changes to the management of policies including but not limited to recruitment, talent management, performance management. For example, AI could use data analytics to ensure a fair recruitment process free from any unconscious bias.

Machine learning and Coaching: There has been a significant advancement in the field of machine learning, a subset of AI. Along with enhancing machine skills, an increasing amount of data is being collected and information on human behavior is being monitored. AI will help in developing new ways of training the digital workforce by integrating machine learning with human skills. This will enable leaders to upskill their employees in cutting edges techniques.

Acquiring New skills and breaking away from the past: AI is transforming how decision-makers do their jobs and the new age leaders need to become receptive to this change that is making waves at the corporate corridors with astounding alacrity. This means letting go of outdated ideas, preconceived notions, and past experiences. As AI increases in scale and drives further change, businesses that embrace training and upskilling employees with new skills will reap the rewards.

Become AI wise and Decision making: AI wise leaders should facilitate innovation, collaborate between human and AI, transforming operations, adapt to the dynamic market place by keeping pace with the evolving technologies. AI will help business honchos in decision-making through data modeling and predictive analysis.

Artificial intelligence will impact the ways the leaders manage their businesses in the future. The conventional leadership methods are giving way to new opportunities in the business world. The Newlineinfo Corp has pioneered the consumption of AI in its operations and is set to make an indelible mark in the future.

Coronavirus: Impact on the IT Industry

Category: Business

The COVID 19 Pandemic has wreaked havoc on the global economy and has impacted all critical business activities like manufacturing, health care, supply chain, logistics, IT-enabled services, and the list goes on. Big businesses are all thinking about the new ways of working by deepening customer connect, cutting cost and leveraging on serendipity delivered by this pandemic ” Work from Home “. Now let’s spare some thought for the small business segment which plays an integral part in contributing towards the growth and development of our economy.

In the current scenario, only a great little has been done to revive the sentiments of small business and it’s high time that this segment gets the help and support that it richly deserves. Some of the key measures by which the lost confidence of small businesses can be restored are Extension of credit, delaying of loan repayments, relaxing tax norms, Government intervention through subsidy, and better liquidity. Also, the small business segment needs to do some soul searching and find ways to remain lean that will help them keep pace with the changing dynamics of the economy. Small businesses need to renegotiate their existing contracts with their suppliers to mitigate the risk of non-performance in their underlying deals. The existing revenue models can be reviewed and the factors that contribute to the spike in costs can be optimized for better profits and bottom line. An end to end review of the value chain can be reassessed for identification and elimination of non-value-added activities. Steps that are manual can be automated for enhanced service delivery and better turnaround time. Small businesses can anticipate and understand customer demand to avoid overstocking of inventory. Mobilize and cross skill its human resources to meet the dynamic demands of its clientele. Small businesses can position themselves as a one-stop-shop service provider by carving a niche for them in the dynamic market place. Regular customer feedback through digital surveys can help to reinvent their business models for upgrading their service standards from time to time. They can engage actively with their banks/financial institutions to extend their credit facilities that would help in planning their Cash Flows effectively.

In the current crisis, small businesses need to work on their core capabilities and leverage on their expertise to deliver quality output that would enable them to grow and mature into long term sustainable business models.

5 ‘Marvel’lous Comeback Tips for Startups

Category: Business

Marvel is one of the most iconic brands in the mid -1990s. Marvel is well known for its comics and superheroes. Amidst the struggling comic book market, the company took financial risks to survive but eventually declared bankruptcy.

Marvel made the difficult decision to sell off the movie rights of Spider-Man, X-Men and the Fantastic Four. With the prominent characters out of its hands, it seemed the company was destined to die. So Marvel shifted their focus on movies instead of comics and worked towards adjusting its strategy. It assembled its team: Captain America, Iron Man, the Hulk and equipped with a different approach and strategy, it initiated a comeback.

The plan proved to be a success. Marvel returned better and stronger than ever. In fact, its newest movie, Avengers: Age of Ultron had the second-highest domestic opening of all time.

It’s a superhero success story, and one that’s just as exciting as any that Marvel’s team could have written. Get inspired by Marvel’s comeback and make the most of adversity to succeed.

Adversity – The Stepping Stone

Adversity in business may ‘knock you to the ground.’ Realize that even the most successful of the business ventures were possible only after various trial and error experiments.

Dream Team – The Pillars

Start building your team of supporters of friends, family and business associates. Depend on them for advice and support to make a comeback in your business. You’re going to need them, so start assembling your dream team.

Negativity – The Destroyer

Negativity comes in all forms, be aware of self-defeating thoughts and overcome doubt and fear with determination to make a successful comeback.

Setbacks – The Opportunities

Setbacks are often the opportunities in that are presented in the form of raw materials. It requires determination and hard work to transform these opportunities to make success. Start by re-evaluating your goals, and then develop a solid plan to reach them.

Focus – The Problem Solver

Focus on the solution rather than the problem to work towards success. Re-evaluate the situation to reach the solution. New opportunities might open up
For more information, visit our website Newlineinfo, or contact us at 301.760.7366.

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