Business Reports

People all around the world have personally witnessed unimaginable incidents that have had lasting effects. The COVID-19 crisis, Russia's invasion of Ukraine, and other factors have put people in an extremely vulnerable position. People worldwide are worn out and dealing with the challenges brought on by increased living expenses. Perhaps, unsurprisingly the gloom is being reflected at home. The world economy was devastated by persistent inflation that reached high records across several nations following COVID-19. Leading central banks have aggressively raised interest rates to control prices, which has resulted in a significant decline in global GDP and the risk of economic recession. There was a lot of speculation about a recession a few months back, but the topic has changed dramatically. India's economy will always be affected by recessions, but the question is how deeply. In this write-up, we have covered an assessment of the global economy. So, begin with the most trendi

Almost every sector has been facing a new era of the latest trend of digitalization. Hardly anybody would argue about the power that digitalization holds and how it has shaped the global economy.  Digitalization is the use of technologies that can enhance a business model by providing newer value-driven opportunities and added revenue. Around the world, technology has been advancing at a rapid rate over the past few decades.  Technology has made its impact on anything and everything possible and you can now see it in every sector around you, including banking. Banks across the world and the banking sector in India have taken a tremendous step towards a digital transformation. This step has not only helped match the competition but also in giving their clients the best service.  Digital Transformation in Banking Sectors. Digital Transformation in Banking Sector in India Digital transformation as you know is a cultural and operational shift toward the integration of digital technology. I

The risk advisory industry is rapidly evolving. Organizations are facing increasing risks while managing their budgets and resources carefully. In this blog post, we will explore the risk advisory industry in 10 years – from human factors to technology trends. We'll also cover how these changes will impact today's organizations and professionals working in this field. The rise of technology and its implications on the risk advisory industry   Risk advisory firms like Deloitte are already using technology to drive efficiencies and provide better data for clients. Today, many risk advisors use machine learning to find patterns in data that were previously impossible to uncover. It allows them to make better choices, improve client service and reduce costs.   However, as the technology becomes more powerful and accessible, we will likely see even more advances in how risk advisors firms like Deloitte work with their clients. It's also possible that some of these innovati

Cyber security consulting is one of the most sought-after services in India. There are a number of companies that provide this service, but only a few have the experience and quality to be able to provide it well. Data is the new currency, and everyone wants to steal it. In this article, we are going to list the top 10 cyber security consulting companies in India that provide the best services at affordable prices. HCL HCL is a leading global IT service, consulting, and business solutions organization. It has a strong presence in the digital, IT, engineering, and R&D services space. HCL’s Cyber Security Consulting Services include Cyber Security Consulting Services for organizations of all sizes who want to strengthen their cyber-security posture by leveraging the best practices for risk management, compliance & governance frameworks, and toolsets. Deloitte Deloitte is one of the largest professional services firms in the world, providing Audit & Assurance, Consul

In the last decade, the commerce industry has witnessed a lot of advancements, especially in fulfilment and distribution areas. We will continue to see more changes and adaptations of newer technologies as we move forward. The scope of advancements depends upon the market challenges and the precedent set by commerce giants like Amazon. The future of smart commerce is promising, and its application is worldwide. According to an estimation, nearly 25% of the global population will browse through commerce stores by 2023. Business owners and marketing leaders see potential in smart commerce to outshine their competitors. What is Smart Ecommerce? The retail sector is constantly changing, and the pandemic forced brick-and-mortar stores and retailers to take their business online. Our world is more connected than ever before, and retailers need to evolve if they don't want to be left behind.    Deloitte launched its Smart commerce model to help organisations improve their business and ope

  Custom AI-based voice assistant & solution . The ultimate luxury has an assistant who always listens for your call and acts when appropriate. Artificial intelligence assistants, often known as voice assistants, have made that luxury a reality. Voice assistants are small and can execute a range of tasks after hearing a wake phrase or command. They can answer questions, turn on lights, play music, and place online orders, among other things. Voice assistants should not be confused with virtual assistants, who operate remotely and can undertake a wide range of activities. Voice assistants, in contrast, are technological in nature. Voice assistants' utility in personal and business sectors will expand as they become more robust. What Exactly Is a Voice Assistant? It is nearly impossible to call any technology that makes our life easier by a single name. Several names relate to agents that can do activities or provide services for another person, and they are nearly interchangeabl