2018 Books


2018 Magazines


How Emerging Technologies Are Shaping the Future of The Global Economy

By Sal J 

The world is on the cusp of a digital revolution, with innovation disrupting the way we do everything, from using appliances and gadgets to performing financial transactions.

New Asset Classes

The digital economy is growing at a fast rate all over the world. The current digital economy is characterized by the creation of new asset classes and digitization of traditional assets. Emerging technologies, such as the blockchain, artificial intelligence (AI), Internet of Things (IoT), and 3D printing, are playing a pivotal rule in fueling this growth.

The new technologies feature assets that have the potential to dominate the global economy in the future. For instance, the blockchain has virtual coins and tokens whose popularity has grown exponentially in a short time period.

Big Players Entering the Game

The blockchain enables users to perform transactions securely and much quicker than traditional methods. The features of the blockchain have attracted many prominent technology and financial companies, including IBM, Oracle, JP Morgan Chase, and Boeing. For instance, IBM recently teamed up with Stronghold, a financial technology company, to launch a dollar-backed cryptocurrency called Stronghold USD. This virtual currency is an example of how consumer confidence in a traditional asset (fiat-currency USD in this case) is used to support a digital asset.

There are also examples where companies are combining two new technologies to provide solutions for the future. Aerospace giant Boeing recently announced a collaboration with artificial intelligence company SparkCognition to develop blockchain-using traffic management solutions for unmanned air vehicles.

The Game Changer

The tokenization of assets isn't limited to traditional assets such as currencies. The new market can utilize the intrinsic value of a wide variety of assets to provide security tokens. The blockchain can be a differentiating factor between security tokens and traditional securities. The use of smart contracts on the blockchain eliminates the need for a middleman, thus reducing transfer costs. This usability of the blockchain has the potential to significantly affect the traditional banking system. It may also eliminate the need for money as a medium exchange, as all assets are liquid, instantly available and divisible.

Automation and artificial intelligence have already made their mark in many markets. Trading algorithms have overtaken human traders. In the manufacturing sector, machines have taken many of the jobs previously performed by humans.

Need for a New Framework

In this rapidly changing economy, it's no longer feasible to rely on traditional models and methods of making decisions. To keep up with new developments, such as DAO, AI, VR, P2P, and M2M, it's imperative that we develop a new framework. In other words, we need to move beyond the Munger's Mental Models and focus on digital models, such as network theories and exponential growth models.

The digitization of our economy is taking place at a rapid pace. With time, we will get a clearer picture of which developments will dominate this new web 3.0 economy, but it's clear that this economic revolution is taking place on a global scale.

I am an avid writer who has a keen interest in the blockchain, IoT, and sustainable development, among other subjects. Besides writing for my own pleasure, I also write for websites, companies, and researchers. You can reach me at salwrites@gmx.com.


7 Major Benefits Of Using An Online Fax Provider

By Titus Hoskins 

Given today's constantly changing communication platforms, operating any type of business can be a harrowing experience. Even well-seasoned business owners have to stay current and take full advantage of any new methods of communicating.

Online faxing uses an online account and the Internet to send and receive your faxes via email - usually in an email attachment. Faxes can also be sent to ordinary fax machines.

Granted, online fax services have been around for a while, but they do present major benefits or advantages over the old traditional fax machine. These advantages can't be ignored if you want to stay competitive in today's business climate.

So here are seven major benefits of using an online fax service or provider. Each benefit is discussed in detail - paying special attention to the positive effects it can have on your business.

1. Security

Security is not exactly the first thing that comes to mind when talking about the Internet but modern online fax services are extremely secure. With SSL encryption and highly protected online storage, your faxes are private and secure.

Keep in mind, your online fax account is like any other account on the web, you must take simple precautions to keep it safe. Change your passwords regularly and just to be on the safe side, delete any extremely sensitive company faxes you don't want to fall into the wrong hands.

2. Reliable

The top fax providers are very reliable and trustworthy. They have years of experience providing businesses with all types of faxing. Whether you are sending a single fax or mass faxing to thousands of clients - these providers can get the job done.

Unlike traditional faxing, you can check online to see if your faxes have been received. You can also keep sending a fax until it has been delivered.

3. Multi or Cross-Platform

Your faxes can be sent and received from numerous modern platforms - including Web Apps, Fax API, iOS App, Email to Fax, Google Docs... and the list goes on. This is all important because your clients can receive faxes through countless platforms - ensuring your messages are received.

4. Easy To Use

Online faxing is very easy to use. Most services give you a web interface/account which you can access anywhere in the world where you have Internet service. All providers give you tutorials and walk-throughs to make sure your faxing is as seamless as possible. You can also Port your current fax number over to your new account with no loss of business.

Plus, you can sign documents with ease. In most cases, you simply upload a document to edit or sign before you send your fax - usually in PDF, TIF, DOC or JPG format.

5. Scalability

Perhaps one of the major benefits for businesses - big or small - is the scalability of online faxing. Most, if not all, providers have different faxing plans to suit your company's needs. In other words, you can scale up your faxing requirements as your company grows.

Most online fax providers are enterprise-ready and you can easily adjust your account for maximum usage. This can save you time and money, especially if you have to ramp up or scale down your operations to meet your current business activities.

6. Flexible Pricing

All of the top fax providers have flexible pricing. This can be important if you are just starting a business and funds are tight. Most will have a free plan or trial so that you can check out the quality of their services before you buy. Most have three or four different fax plans - which you can upgrade to as your needs and budget permit.

Remember, online faxing is a paperless system so you won't have the ongoing costs of paper and inks. You don't have to purchase a fax machine which can also save you money.

7. Mobility

Perhaps one of the best benefits of using online fax is mobility. Obviously, since this is a web-based system, you can send and receive faxes from anywhere in the world. This makes any business mobile and flexible. Your business is not tied down to any one given location or specific business hours for that matter. This simply means you can be open for business 24/7.

To sum up, online faxing is secure, reliable, multi-platform, scalable, cost-effective, easy to use and mobile. All of these factors can be beneficial to any business or company. These benefits should also be taken into consideration when determining how effective or competitive you want your business to be in the future. Choose wisely.

If you want to learn more about online faxing and how it can benefit you and your company simply visit our site: Onlinefaxguide.com


EVENTS


Cloud Computing: What's Holding You Back?

By Unnikrishnan Balachandran 

The fastest growing SMBs have embraced the Cloud as a method to address four main IT Challenges:

·         High capital costs;

·         Skill shortage;

·         Scalability as the business grows, and;

·         Innovation as the business matures.

·         Results are positive. Surveys indicate that:

·         53% of SMB's using cloud technologies are more likely to experience a rise in revenue.

·         85% of businesses believe the cloud-enabled their business to scale and grow faster.

Organizations are finding that Cloud computing provides immediate access to the tools needed to digitally transform their business and improve customer experience.

Many businesses are still reluctant to make the move to the Cloud despite these advantages. The reluctance to migrate is particularly evident in Western Canada, where we've seen cloud adoption be approximately 25% less than the rest of Canada. So, what's holding you back?

Security Exposure

Security is cited as the number one objection to Cloud for 49% of organizations (IDC 2017). Should you be concerned? The security investments made by the major Cloud providers is significant and has created cloud platforms in which security breaches, due to vendor error are rare. In fact, the Cloud has proven to be more secure than most non-cloud environments.

Network Response

A key detractor to cloud for customers in Western Canada is the worry that network connectivity will be insufficient to provide the type of response time and security that end users are accustomed to. With the major public Cloud providers located in Eastern Canada, it is understandable that network connectivity options should be well understood before proceeding. Several networking options exist to address the need for high bandwidth, security and connectivity to Cloud, including solutions based in Saskatchewan.

Service Availability

Service availability, including response time and user downtime, is a concern due to the perceived loss of control over the computing environment. To mitigate this concern, public Cloud vendors provide service levels for all their products with financial credits provided if they are not achieved. The robust engineering of the Cloud environment is such that high availability is consistently achieved. In a worst-case scenario, organizations can further protect critical applications by configuring them to automatically failover to alternate data centers should a Cloud data center go offline.

Cloud Costs

There is a general perception that services in the Cloud are more expensive than in the non-Cloud environment. This is often raised when the comparison between Cloud and non-Cloud platforms does not accurately reflect all the costs that make up the non-Cloud infrastructure.

With all the non-Cloud costs in the table above considered, there's an almost 50% reduction in support and maintenance costs when the Cloud is chosen. When doing a financial comparison or Cloud ROI, it's also important to take into account the increased revenue that will take place as you drive your digital transformation results using Cloud services.

Getting Started

It can seem daunting when trying to decide how to get started. The best place to start often with consulting a trusted partner with experience in Cloud migrations. Cloud migration requires skill and experience; often organizations who tackle this transition by themselves find it difficult and time-consuming.

If you want to know how to get started but aren't sure where to begin, reach out and let's grab a coffee. We can discuss your particular needs and help define a path forward for your organization to embrace all that the Cloud has to offer.

To know more please reach out to unni.balachandran@ibm.com

2019 Calendars