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Low code development platforms are gaining huge popularity in tech-field these days. It is a strong enabler of digital transformation across many industries mainly due to the platform’s time-to-market advantage. 

What is low code platform?

Low code is a method to develop web and mobile applications quickly with minimal coding. this helps skilled developers to deliver value quickly, reliable and securely. Developers can rely on low code by skipping through infrastructure, re-implementation, dependency and scalability factors. This would reduce development time and reduce errors and increases efficiency and quality of applications while deployment. Low code platforms effectively eliminate all these problematic aspects.

Benefits of using Low-code Platforms

Main benefits include:

  •     Fuelling Innovation: Tremendous value is linked with evolving technologies like AI, ML, Blockchain, IoT and the likes. Low code development methodology from Nuvento-Kony helps enterprises to redeem this value by making it accessible for end-users and developers with ease and speed. Creating functional prototypes gets easier and this gets scaled to bigger applications to transform digital world.
  •     Flexible and Scalable Deployment Capabilities: Low code platforms enables you to develop and release futuristic applications to cloud or on-premise environment using Docker or Kubernetes.
  •     Boost productivity & Agility: Low code platforms provide strong support to DevOps. These speeds up the deployment process. Once built and tested, code goes through a dependency check which ensures that none of the connected code is impacted negatively upon deployment. The entire code required for running the application gets deployed which includes Database, UI, and workflows.

Myths About Low Code Platforms

Low code platforms are the best choice when it comes to developing complex applications. Following are the myths surrounding low code platforms

  •     Low code platforms would replace Development Teams: Low code platforms rely on visual modelling tools. This is used to represent logic and translates the underlying code created by developers  into easy to understand visual formats. Low code platforms are a strong enabler of innovative development and brings together cross-functional teams.
  •     Low code platforms cannot be used for building complex applications: Low code platforms are scalable enough to build complex apps for mobile, web and desktop. Low code platforms provide a single integrated secure platform that supports the entire application development lifecycle: design, build, deploy, manage and iterate.
  •     Low code platforms have the disadvantage of lock-in-effects: Excepting few low code platforms which has lock-in-effects, others provide independence in the sense that they create applications that utilize open source frameworks. They are compatible with any huge database, application servers or any cloud or on-premise environment.
  •     Low code platforms are limited by browsers: Low code platforms are compatible with any operating system like windows, mac or linux and most of the browsers which run on these OS. Browser independent low code platforms create applications which offer a wide array of features. These applications run on a variety of browsers with speed and efficiency. 

Key Pros and Cons of Low code development.

Low code platforms provide enormous benefits to enterprise users in their search for modern applications. However there are some downsides for low code platforms. Let us discuss few pros and cons of Low code development as follows:

Pros:

  • Low code platforms are well-known for the speed and simplicity factor, they allow rapid development of web and mobile apps.
  • Most of the low code platforms allow modular integration, means you can develop a lot of smaller applications which would work together in order to achieve a bigger goal. This is useful when you want to create a disruptive web/mobile app.
  • Low code takes care of scalability issues. Also, you don’t have to worry about user interface screen sizes since optimization is close to accurate. Coding rules are also minimum and nothing much to bother.

Cons:

  •   You get dependent on the low-code platform once you start using it. Most of the low code platforms are cloud based and has lock-in features. In future if you want to move to a bespoke/personalized solution it might turn out to be difficult and tedious.
  •   Sometimes low code platforms can become very complicated mainly because of the limited customization options available. When you need a specific feature, low code may act as rigid, then you are forced to build a custom code. This would increase the development time and cost because code integration is time consuming compared to a bespoke solution.
  •   Most of the low code platforms lack important functionalities. For example, some platforms are incapable to generate appropriate API connections, and this has negative impacts on the potential of low code.
  •   Though low code is famous to be used by non-developers, this is not copiously true. You still need to have some sort of programming knowledge to make complete use of low code capabilities especially when it comes to customization.

Things to remember while choosing a low code development platform

Low code is definitely going to be in the market, adoption is on the rise. Smaller providers and vendors who are unable to hire expensive developers are increasingly choosing low code platforms. Few things to remember while choosing low code development platform:

  • Finest User-experience: UX is very critical, and each platform should be evaluated carefully. Fast and intuitive user interfaces are part of all the latest mobile devices. Apps developed using low code platforms should be tested for ensuring performance.
  • Mobility: For apps to run well on mobile without much extra coding, the user interface should be designed and synced specifically for specific mobile types.
  • Pre-built templates: App development gets faster when there are pre-built templates which would be starting point for your developers. If templates are carefully designed, it results in more reliable and secure applications.
  • Visual Tools: Intuitive Visual tools which include drag and drop forms eases the work of your departments. Systems gets faster and approvals gets easier with the introduction of e-signatures and wizards which are interconnected.
  • Cloud Deployment: Your data is safer in the cloud servers. Cloud vendors store your data securely in the cloud to make your business processes simpler. Each low-code development platform is available in the cloud and supports easy deployment of apps in your cloud.
  • Customization & Connectivity: Customized apps created using low code platforms makes your users happier. You can setup your own authentication process. Connectivity can be established the specific database to retrieve data.
  •  Training and Support: On-demand training programs which get scheduled and delivered online are very crucial. This ensures your developers are self-sufficient and equipped to create apps with a differentiating factor. Customer support is another factor to ensure you get positive reviews for your created apps.

Future of low-code platforms

Simplicity is the key when it comes to making futuristic applications for the web and mobile, and low code is based on this principle of simplicity. This kind of market invites hectic competition and business leaders are all set to take this game to the next level. Businesses reap more success by leveraging Business-led, IT-led and Hybrid deployment models. These make no code platforms more flexible to meet different user requirements.

Nuvento has partnered with Kony, leader in this digital tech space to explore numerous opportunities which low code applications can unveil.

Get in touch to know more.

Sensitive data and applications are stored on your on-premise servers. Once you decide to migrate those to Cloud, you need to pay attention on planning the pre-migration phase. Assess the required computing resources before executing the migration to avoid huge costs and delay in the process. Exceeding planned budget, longer process duration, loss in productivity, lower efficiency, unexpected downtime etc are the most common problems you may face if you don’t carefully plan your migration.

Cloud migration is a very complex process and it requires detailed planning and strategy simulation. Common Issues like security gaps or an unexpected rise in costs can occur during the migration process which can be identified and eliminated or narrowed with a well devised plan. Special care is required while migration to ensure there is no data loss during the process. Strategy as to how the migration process has to be segmented, which types of applications to be migrated and on what priority, then duration of the migration process, deadlines to be met so that there is no disruption in the functioning of your enterprise activities etc are the fundamentals which are addressed during pre-migration phase.

You can confidently align with Nuvento Cloud Consultants to ensure your migration strategy is devised in a secure manner and Migration is completed within the set budget and timeframe. The main objective of this Guide is to let you understand the complexities involved in Cloud Migration Process so that you can plan your migration carefully and secure your precious data and applications stored in on-premise servers.

Some Statistics to show why planning is mandatory for Cloud Migration:

Research from Gartner, Forrester, IDC, and 451 Research shows that more than 50% of cloud migrations overdo budget, overdo migration windows, and/or cause unanticipated enterprise disruptions.

Organization readiness for adopting cloud practices is a key deciding factor which only experts can help you with. This involves a plethora of criteria with weightages which must be considered during the pre-migration phase.

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Cloud Migration Planning in Detail

Phase 1: Understanding the existing system

Your enterprise should think in depth about the existing system and for what reasons you would want cloud. What benefits you get from the cloud is the main thought factor before migration. The existing system in itself is a study material which needs to be analysed.

So, identify your cloud migration needs. An infrastructure assessment can help you with this. You can find out what all you want to move to the cloud, then what are the RPO/RTOs (Recovery Time Objective or Recovery Point Objective) of each application, compliance necessities and owners of all applications, then data and applications stay in which all places, capacity utilized by these, mode of connection to your network, dependencies/relationships between application and component of infrastructure etc.

  • Precisely identify What kind of applications are there in your enterprise and if they are in a movable state. Make a list of those applications, some might be already there on cloud without your knowledge. Assign priorities to each based on RTO/RPO.
  • Who owns/manages each application is to be understood, also identify access needs. Assigning ownership is an activity which cannot be unheeded so as to avoid breaks in migration process. Once these people are identified collaboration is easier to make the project successful.
  • A look back into your old infrastructure would open up your eyes further towards the importance of prioritizing applications which are running on almost expired hardware. Noting the servers, location and capacity of servers, shape/size of servers etc comes handy in this analysis. Cost estimates of idle servers would startle you for sure. These findings would help you plan and utilize your cloud capacity to the fullest. An expert cloud consultant would help you plan correctly, and we ensure you run within your budget.
  • The complex architecture of your applications should be understood again. Some might be connected for high availability/redundancy and this knowledge would help you migrate with lesser downtime.

Phase 2: Security needs

Road map to a secure cloud migration is never complete without a well thought out Security Program/Architecture. Many factors are taken into consideration such as data protection and regulatory compliance, then developing policies, standards and guidelines. You can choose a Cloud Service provider based on security ratings. These guidelines would help you:

  • Design a high-level architecture with strong integration between on-premise and cloud resources. This would indicate the level of interconnectivity and dataflow. Also conduct threat modelling at each node.
  • Defining functional architecture is the next step, in this you choose types of integration, secure modes for data and traffic flow, identity and access management, key management, endpoint security, encryptions, and protocols. This would help to decide the type and placement of control systems, roles/responsibilities and risks involved. This comprehensive report has to be approved with required revisions in order to align with business goals.
  • Next is about operational support architecture. This would help in devising best practices and policies for each function. This includes change management, configuration management, SIEM and DLP implementation, disaster recovery etc.

Phase 3: Selecting a cloud solution and provider

This is based on various factors like understanding your specific business needs and comparing the expertise of your cloud providers. While migrating applications and workloads to cloud, we determine the configurations needed, your work in it and support you get from the provider based on the exact environment you choose, and services provided by the provider.

Choose the cloud solution provider based on these criteria:

  • Standards and Certifications.
  • Related Technologies and Service Roadmap
  • Data Governance, Security and Enterprise Policies.
  • Defined partnerships and Service Dependencies
  • Performance and Dependability 
  • Service contracts, SLAs and Commercials
  • Support systems, vendor lock-in and exit plan details
  • Company profile and Enterprise health

Phase 4: Choosing a strategy 

This is a crucial phase and a clearly defined strategy would align your business and IT objectives together and help in cost control. Some famous strategies include Lift and Shift, Refactoring, Re-platforming and many more. Read Here!

Phase 5: Creating a checklist 

You can successfully move to the cloud by following this checklist.

Phase 6: Doing a test migration 

Contact us to Plan a test migration

If you are looking at migrating to a multi cloud or hybrid cloud architecture, we will provide the required strategy to make the process less challenging. It would connect your traditional dedicated servers, public clouds and private clouds all together for one application. You can also choose multiple clouds from different providers for multiple applications based on your enterprise needs.

Get in touch!

Businesses are always hungry for unlimited data and information. Enterprises thrive on data for decision making and data gets accumulated every second which is mostly hosted on enterprise on-premise servers. But when the scale of business goes high, on-premise storage is not always feasible and secure. Your data and applications can be safely migrated and stored over a secure cloud platform using Azure or Amazon Web Services.

Enterprises switch over to Cloud platforms considering factors like cost, performance and security.

Why should you adopt cloud technology?

IT strategists continuously adopt Cloud Technology for migrating most of their IT workloads to secure cloud. 

The public cloud service market is expected to reach $206.2 billion in 2019 worldwide. On an average 5 different cloud platforms are leveraged by Enterprises. The following statistics show that more and more enterprise workloads are being handled by cloud platforms and are predicted to increase rapidly in the coming years.

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Factors which enterprises consider while adopting Cloud Technology:

  •         Cost factor:

As and when your business expands to newer horizons, investment on IT infrastructure also rises. Considering the cost factor brilliant businesses adopt cloud technologies to minimise expenditure on IT landscape. Migrating sensitive customer details, data and other applications to the cloud helps to keep your costs under control. You can manage all these over the cloud easily without worrying about hiring new employees and increasing capability of your existing IT infrastructure. Cloud technology offers you the scalability which is of utmost importance for expanding businesses.

  •       Agility and Flexibility:

Cloud Providers recommended by leading Cloud Consultancies like Nuvento save you cost, and time and your provider will update the software regularly. This improves your overall business flexibility, security, and efficiency. You can utilize a wide range of services from the cloud, allowing you and your partners to build and develop IT infrastructure, boost customer experience, security, flexibility, and agility in cloud-based platforms.

  •       Scope of Innovation:

Cloud computing enhances your development and testing. Nuvento suggests the world’s leading cloud providers which include Azure, AWS and various hybrids which allows you to develop and test your websites with customized resources.

  •       Mobility factor:

Cloud gives your enterprise the power to access data which is scattered across your different departments from any device, anytime, anywhere. With Cloud you are never static. Cloud gives you secure single sign-on (SSO) technology to access multiple accounts and other business applications. You can easily enable SSO service without huge investments and keep control over maintenance costs of operating your own SSO infrastructure.

  •       Robust backup storage system:

You can choose best in class cloud solutions to back up your data, this includes Microsoft SkyDrive and Amazon S3. Cloud backup solutions helps you to store, synchronize, and quickly access all your files.

Challenges of Cloud Migration:

As the scope of your business increases, Cloud Migration becomes more challenging. Businesses should overcome the following main challenges while moving the operations to cloud:

  •       Mindset, People and Processes: Nuvento tech innovation centre can guide you and your business team regarding moving to the best cloud platform be it Paas (platform-as-a-service) or IaaS (Infrastructure-as-a-service). Most often companies lag behind while adopting cloud migration due to dubious mindset of people and process issues. We will help you overcome challenges and doubts regarding data security, maintaining uptime standards and everything about fastest 24/7 tech support systems.
  •       Lack of definitive strategy and business objectives: Nuvento Advisors would help your enterprise to bridge the gap wherever and whenever you find a lack in your expertise regarding Cloud strategies. You can easily set your business objectives centred around flexibility, scalability, agility, cost, performance and digital transformation.
  •       Linking Legacy Systems and Cloud Applications: Most of the enterprise systems are not yet cloud ready. Many organizations still face this challenge to link legacy systems with newest cloud-based business applications. You would require cloud solutions which operate in a hybrid environment which gel smoothly with your business plans.

Cloud migration strategies

Cloud migration is not a simple process and a successful migration strategy is something which can be customised based on customer needs. Strategy must address the technical, functional and operational needs of the enterprise. It should be able to address short term as well as long term needs like reducing hosting costs and smoother alignment between IT and enterprise objectives.

  • Lift and Shit or Rehosting Strategy

This is nothing but taking the application from its current hosting environment and moving it to another better and safer environment. Enterprises rely on cloud strategy which moves data and applications from on-premise to cloud which is safer and quickly accessible. It moves your enterprise stack to a new host without the system undergoing major changes. This results in quicker and cost-effective migration, agility, with minimum disruption to your current IT landscape/architecture and faster ROI.

  • Replatforming or lift-modify-and-shift

This strategy is all about making some cloud optimizations so that your enterprise receives some measurable benefits. Core architecture of the application remains untouched. You can save time spent on managing your extensive database systems by migrating to a database-as-a-service platform, for example Amazon Relational Database Service (Amazon RDS) or Amazon Elastic Beanstalk. Enterprises often save millions in terms of operating costs because of the agility and scalability provided by leading Cloud Providers like Azure or AWS. Hundreds of web servers which run on-premise like Weblogic which is highly expensive can be migrated to Azure or AWS.

  • Re-purchasing and Re-factoring

Re-purchasing is mainly about moving to a different product like SaaS platform. Moving a CRM to Salesforce.com is an example. Refactoring / Re-architecting is about how the application is developed, mainly using cloud-native features. When your enterprise grows you need to add latest features, scale and improve performance. Refactoring allows you to do all these which is otherwise difficult in the existing environment of the application. Plus, it provides service-oriented platforms which would boost agility.

  • Retire or Remove

Find out owners for each application in all your functional areas. Studies show that around 10-20% of a business IT portfolio is useless which can be retired or turned off. These savings often boost business cases and you can divert your team’s attention to more productive things and areas.

  • Retain or Return to

Try to retain only those applications which are extremely essential for your enterprise. Prioritizing an existing application which was recently upgraded is a good idea. As and when the applications get migrated to cloud from on-premise, retention reasons also go low.

Cloud migration checklist

Espouse the Cloud – A Simple Cloud Migration Checklist!

Don’t struggle anymore to move your enterprise applications to Cloud. Here is a checklist which you can follow to increase the success rates of your cloud migration.

The checklist contains:

  •       Create and foster the migration-architect role
  •       Pick your cloud integration level
  •       Take a single cloud or select multi-cloud
  •       Build cloud KPIs
  •       Decide on performance baselines
  •       Rank and list migration components
  •       Complete all essential refactoring
  •       Generate a data-migration plan
  •       Switch over production
  •       Evaluate application resource allocation

 

Phase 1: Create and foster the migration-architect role

Establishing the migration architect role is the first step towards successful cloud migration. This is a system architect level position and is accountable for all planning, strategizing and completion aspects of the migration process.

Phase 2: Pick your cloud integration level

You can move applications from on-premise to cloud environment using a shallow (lift and shift) cloud integration methodology or a deep cloud integration. In lift and shift you move applications to cloud with only slight changes to the servers. In deep cloud migration, your applications get modified during the process and you get full advantage of key cloud capabilities. This would give you equivalent or even more benefits than using serverless computing services like AWS Lambda. This method is far more progressive than auto scaling or dynamic load balancing.

Phase 3: Take a single cloud or select multi-cloud

This is a very vital decision. Once you decide to choose a single cloud vendor, your attempt to migrate your applications to another cloud provider in the future would be difficult in the sense you might have to start your migration process all over again. This also has negative impacts on your negotiation capabilities mainly regrading SLAs and pricing.

While going for multi cloud, you get the benefit of optimizing all your applications and the flexibility to put your applications wherever you wish in the cloud. Ideal decision is to Riven your applications across various cloud providers. In this way you can reap the benefits provided by all of them. But one risk here is that your application’s customer experience is dependent on all the providers in multi cloud and if any one of them faces issues it could impact badly. Making your applications cloud agnostic is one way to reduce the risks. You can shift loads from one provider to another.

Phase 4: Build cloud KPIs

Define your Cloud KPIs and see how it matches with your expectations. For successful migration your cloud KPIs should show how your in-progress migration is performing. It also points out visible/invisible/probable problems that maybe prowling within your applications. Cloud KPIs can also give a rough idea on the tentative completion of your migration project.

Sample Cloud KPI for User Experience Category can be Page Load Time, Lags, Session duration etc. KPIs for Infrastructure can be Disk performance, CPU usage rates, memory usage, network throughput.

Phase 5: Decide on performance baselines

Baselining enables you calculate the future performance after migration in comparison to current performance. Baselines allow you to make improvements and correct any problems. You can set a baseline metric chart for cloud KPIs you want to measure. You can collect all data, be it average or you can collect data over extended periods of time, during peak or critical periods and so on. Clearly define the type of data and duration.

Plan your cloud migration along with Nuvento!

Phase 6: Rank and list migration components

Finalize whether you want to migrate your entire applications all at once or on stage by stage basis. You have to decide the order in which components would be migrated. Dependency diagrams would help you decide all these.

Phase 7: Complete all essential refactoring

Go through what all you want to do with your applications before they are migrated, for instance refactor your application. You can take advantage of dynamic scaling which would help you save on cloud service costs and dynamic cloud capabilities too.

Phase 8: Generate a data-migration plan

You can use a bi-directional syncing mechanism between your on-premise and cloud databases. Make your cloud version to be the main database and enable access to the new database.

You can use a cloud data migration service like Amazon Web Services or Microsoft Azure. Stick on to your data migration plan.

Phase 9: Switch over production

Switch over to cloud from on-premise is based on complexity and architecture of your applications, data and data stores. Once you have moved the entire application to the cloud, switch traffic from on-premise stack to cloud stack.  Otherwise move stage by stage, test if all working fine then continue this process until all applications and data migrated to cloud.

Phase 10: Evaluate application resource allocation

You still have to consider resource optimization even after migration process is complete. Cloud is optimized for dynamic resource allocation. Make sure your resources are allocated correctly to the application. Also, cloud gives you scalability to allocate additional resources based on your enterprise needs.

Cloud migration best practices

 Moving to cloud gives you enormous benefits like reduced costs, enterprise digitalization, and business agility. Following are few best practices which would give your enterprise better success rates on cloud migration:

  •       Carefully Work out a Migration Strategy

Your business motives, plans and goals have to be identified and use cases for moving to cloud should be traced out using a precise migration strategy. You can migrate your applications in phases. Migration can be planned in pilot phases mode as well in which you begin with the least business-critical workloads and then move on to bigger migration modules.

  •       Frame a Cloud Governance Agenda

Enterprises are always apprehensive towards compliance and security while moving applications to the cloud. A solid cloud governance framework with policy-based rules outlined would enable a secure cloud migration. It reduces inherent risks involved in cloud migration where third party services are involved.

  •       Augment the Network

Enterprises are always worried about how safe the network is on which cloud stores/exchanges data and information. Speed of the network is another concern area. Public internet is not always the right option because of its vulnerabilities and breach is easy. Hence, AWS offers a dedicated secure network connection on which your data and applications are always safe and securely accessible at a higher speed. Azure helps you bypass the internet by providing ExpressRoute service which allows you to connect directly to your network from Azure.

  •       Get your workforce Cloud Ready

Conducting cloud workshops to prepare your workforce on enhancing their cloud skills/expertise is a best practice which needs top priority. Cross functional collaborative cloud trainings are crucial to get your team familiar with complex cloud concepts.

  •       Draft and File your Enterprise Software Licencing

Get it clarified from your cloud provider as to whether your existing licences for on-premise software gets extended to the cloud. Licences for each software application should be updated and managed while they get moved to the cloud. Software asset management tools can help reduce risks and complexities associated with extending licences.

  •       Avoid repetitions/automate and Monitor cloud Usage.

Automation speeds up your migration process and reduces costs/risks. Also, it reduces downtimes/service disruptions to a great extent. Monitoring your cloud usage can help enormous funds from getting wasted. Identify various running instances across many cloud services using an intelligent dashboard. Monitoring is essential for compliance and you can collect all your security related logs from apps, systems, databases and many different network touchpoints.

So, when you consider migrating to the cloud, go through all the points listed in this manual. When in doubt as to whom to choose for a smoother and hassle-free cloud migration Get in touch with Us.

Finding new customers can be very expensive for a business in the long run. Retaining existing customers can provide incremental revenue benefits. Fostering customer loyalty is a widely discussed topic because of its implications on revenue and it ensures steady growth in profitability. B2B businesses are increasingly adopting Mobile apps to increase brand visibility.

Opt-in messages via mobile apps can considerably improve brand engagement. Mobile App built on a secure platform is the easiest way to communicate directly to the customers. Nuvento Mobile Apps secured with Cloud Encryption Gateways are high on demand for security conscious enterprises. Cost of a data breach is alarming, so businesses invest on such App development technologies without a doubt. 

In-app purchases, ads, and promotions have a greater impact on B2B customer as compared to social media ads, and email marketing. There are various types of mobile apps available for B2B.

  • Native apps:

Native Apps are developed to be used on a particular platform or device. This ensures optimized performance and takes advantage of the latest GPS technology. The most popular Native Apps are Whatsapp and Facebook. Whatsapp business app is enriched with features like business profiles and new messaging tools. IOS apps are mostly written in Objective-C and Swift, Android apps in Java or Kotlin. C++ is still being used for native Windows and Blackberry apps.

  • Web Apps:

Web app is a software program in which the client, which can be a User Interface and Client-side logic, runs in a web browser. Example of a common web app is webmail. Another most widely used web app is Flash which creates animations on web pages. Flash is a vector animation player which is added to web browsers as a plugin to make the page lively and vibrant. Interactive websites attract and retain your customers by creating long lasting impressions. Flash is widely used to create content rich internet applications, mobile games and mobile applications. Buffer is another web app which enhances your enterprise social media campaigns. Buffer enables you to schedule Tweets, Facebook status updates, LinkedIn updates, and more ahead of time.

  • Hybrid apps:

Hybrid applications are web applications in a native browser, such as UIWebView in iOS and WebView in Android. Hybrid apps are coded using HTML, CSS and Javascript and enfolded in a native application using platforms like Apache Cordova. Mobile app development is simpler and easier with Cordova. Platforms can be changed anytime, and you can build apps for many platforms by making simple changes in code. Cordova has a huge repository of plugins which you can use to enhance your phone hardware (camera/Bluetooth)

  • Progressive Mobile apps:

Progressive Web Apps resemble a native mobile app but it is easier and faster to download and works on any browser, be it Chrome or Opera. Examples of progressive mobile apps include Flipkart, Twitter Lite and Book My Show. Businesses adopt progressive web apps to increase conversions, webpage visits and web page session duration. Other benefits include faster page loading, better user experiences, lesser data use and lower costs.

A Quick look at few Mobile App Development Trends:

Smartphone activity has almost become synonymous to our heart beats! Even during sleep, the majority of us are engaged in some activity with the smartphone, it can be a recheck on the sleep cycle indicator or an alarm which reminds you to take your medicines on time. Mobile apps these days integrate and loop each action you wish to take using your smartphone, be it reading news, checking business emails, gossiping with friends, shopping your favourite tee, or giving a podcast brand reminder.

The use of smartphone and mobile apps is a much-loved phenomenon which will never get reduced.

  • AR & VR is Revolutionizing Gaming Industry:

Most of today’s apps can survive and compete only if they are enriched with AR and VR technology. VR devices like Samsung Gear VR, Google Cardboard and Oculus Rift are highly popular. AR games like Sky Siege and myNav are buck winners in Gaming & Entertainment, at the same time their potential to make changes in stimulating environments is a fact which cannot be forgotten.

  • Accelerated Mobile Pages (AMP) is enhancing Web App Landscape

Everybody likes web apps which load faster on smartphones. Google’s AMP project has contributed in this regard 3 years ago. AMP still remains on top of mobile app development trends because of its capability to ensure more website visitors and lesser bounce rates.

Here are some of the best known B2B Mobile Apps for Handling Your Business like a pro on the move:

  • Google Analytics App for tracking anything and everything which happens on your website.
  • HootSuite for managing your entire social media campaigns. Peep in anytime from any device.
  • LinkedIn Pulse which connects you to the news world, join any online conversation from any device.
  • WebEx to host, organize and attend any number of online events, message, video chat or share files.
  • Salesforce Mobile to give you the best CRM experience in mobile version.

Choose wisely when it comes to developing a Mobile App for your enterprise management. Technologies change over time, the more secure the technology you choose the more secure would be your enterprise data, process and applications! Choose the platforms which offer maximum encryption and limited third party plugins.

Are you confused to see the multiple options? We will help you choose the best!

Contact Us to Learn More!

Enterprises choose a Cloud Provider like Microsoft Azure due to many reasons like Efficiency, Cost, Data Security, and many other criteria. Efficiency and cost factors are important, agreed but Data Security is an equally pressing factor. Cloud applications are increasingly being used by enterprises to keep costs under control. But most often Data Security Concerns are not properly highlighted by most cloud providers. Seemingly minute data security issues can become momentous if enterprises don’t rely on a reliable Cloud Platform Provider like Nuvento which keeps data security on the top checklist. Make it a habit to consult with the world’s leading Azure Consulting Services.

Here are a few reasons why Cloud Data Security is Crucial

Remember, your business would lose critical data stored on Cloud if the platform is not Secure!

 
Lots of sensitive data is stored over the cloud. This data is primarily used by enterprises for sales and marketing purposes and for other departmental functioning. If this data is not secured on the cloud platform this will impact enterprise profitability in the long run. Primary data types are customer information which includes email, contact numbers, location, then there are enterprise employee details and payment information. These are very expensive data types which is why Cloud Data Security is even more significant. Choose Azure to secure your data!

Cyber Criminals are celebrating – Data Breach is a Fad!

 
Vulnerable data is stored on Cloud and this is what makes it a lure for Cybercriminals. This doesn’t mean on-premise is safe, it has its own issues, even worse than cloud storage. Data commutes non-stop over the internet and gets stored in remote locations. Another area of concern is the growing number of customers which get served by Cloud Providers which poses a threat in the form of growing breaches since the scale of exposure to cybercrime is high in such cases. So, there is no second thought about securing data over the cloud since breach incidents get reported on a daily basis which is alarming, and frightening.

How often do you get notifications about a data breach/cyber attack from your Cloud provider?

 
There are many Government Regulations which insist on protecting your customer/enterprise data and to safely transfer it to the third party which can be your cloud provider for any kind of processing. Huge fines are imposed on businesses which fail to notify the concerned about a possible data breach. As per GDPR, breach notification is mandatory, businesses once aware of the breach are supposed to notify the authorities within 72 hours. Then impacted customers are to be notified without any further delay.

How to protect your enterprise data stored on the Cloud?

 
Reliable Cloud providers like Azure prioritize security measures to be deployed in order to protect your enterprise cloud data.

Risk of data breaches can be mitigated with strong encryption algorithms. You must check-in which stage data is encrypted and decrypted (while data is in transit or being at rest). Then you have to see the type of encryption method used by your cloud provider. Also, check if access to encryption keys is managed well.

Make sure your Authentication/Access Controls are Pertinent. Prominent cloud providers deploy multi-factor authentication to make sure your data privacy and security concerns are addressed properly.

Access control and encryption options available in Azure:

 
You can rely on Azure Cloud Storage solutions because it is packed with a wide-ranging set of security capabilities:

  • Role-Based Access Control

Role-Based Access Control makes sure your cloud storage account is safe. Necessary access rights /privileges are provided to groups and applications by assigning appropriate RBAC role.

  • Delegated access to storage objects

Delegated access to resources in your storage account is provided using a shared access signature (SAS). This gives client limited permissions to objects in your storage account for a definite period. These permissions can be provided without sharing your access keys.

  • Encryption in Transit and at Rest

Azure secures your data in Transit by using Transport-level encryption (HTTPS), Wire Encryption for file shares, and Client-side encryption. Azure provides encryption for data at rest using Storage Service Encryption (available for Azure Blob storage), Client-side encryption, and Azure Disk Encryption.

  • Azure Disk Encryption

Azure Disk Encryption encrypts Virtual Machine disks using keys and policies which you can control in Azure Key Vault. It works for both Linux and Windows.

  • Firewalls and Virtual networks

You can set firewalls for your storage accounts and configure exceptions to permit traffic. This secures your storage accounts to a specified set of networks.

  • Azure Data Box

You can transfer huge amounts of data offline in an encrypted mode to Azure using Data Box, Data Box Disk, and Data Box Heavy devices. Data Box Edge and Data Box Gateway are online data transfer products and use artificial intelligence (AI) enabled edge computer to process data. 

  • Advanced Threat Protection and Azure Key Vault

Azure provides an additional layer of security intelligence to detect and protect your storage account from cyberattacks/threats. Azure storage diagnostic logs are regularly monitored from Azure Security center for suspicious activities to blob storage. Azure key vault helps you control and manage disk encryption keys. You can use key vault to audit keys and policy usage.

Best practices for data security and encryption.  

 

The best practices mentioned here are based on current Azure platform capabilities and feature sets and is updated on a regular basis.

1.Data Protection: Data occurs in the following states and controls are available for each state:

2. At rest: Many types of data exists in storages, containers and on physical (magnetic/optical disk) media.

3. In transit: Data is being transferred between components, locations, or programs like transfer over the network, across a service bus (from on-premises to cloud and vice-versa, including hybrid connections such as ExpressRoute), or during an input/output process.

Following are the best practices for using Key Vault and managing with secure workstation:

  • Provide access to users, groups, and applications mentioning the specific scope
  • Control what users have access to.
  • Store certificates in your key vault.
  • Make sure you can recuperate a deletion of key vaults or key vault objects.
  • Protect sensitive accounts, data and tasks using a secure management workstation.
  • Ensure endpoint protection.

 
Protect data in transit and at rest by following these best practices:

  • Apply disk encryption to help safeguard your data.
  • Avoid unauthorized access to data by using proper encryption which helps mitigate risks.
  • Secure access to Azure virtual network.
  • Secure access from an individual workstation located on-premises to an Azure virtual network.
  • Use a high speed WAN link to move large data sets
  • Interact with Azure Storage through the Azure portal.

 

Secure your email, documents, and sensitive data which are shared outside your business using Azure Information Protection. This is a cloud-based solution that helps an organization to classify, label, and protect its documents and emails. Azure Rights Management (Azure RMS) can be used to protect enterprise data and applications.

Keep control over your enterprise data and choose Azure If you are considering a safe and secure cloud service. Your customer details and your own personal information is best protected with Microsoft Azure. Carefully review the terms of service or contracts and switch to Azure today.

Billions of mobile apps, numerous downloads per minute, this is the scenario today. There are more than 2 billion apps in the Apple App Store & 2.2 million in Google Play Store. Enterprise Mobile app security threats are increasing day by day. A hacker can destroy an entire enterprise using a simple unverified code which extracts sensitive enterprise/user information. Most of the enterprise apps store user information which can be bank card details and other transaction information or even biometric details which can reach the hackers in no time. 

Since threats are on the rise like never before, mobile app developers are increasingly cautious in developing security systems within the mobile app framework which ensures secure data storage and usage. App developers look for vulnerabilities in apps and investigate to see if any phishing tools/malware is implanted in those apps. Customized Security Solutions are developed and deployed by Nuvento to reduce such security issues.

Few of the common Security Issues faced by Mobile App developers are as follows:

Using unverified third-party codes for app development

 

Most of the developers rely on readymade codes and easy frameworks which may not always be secure since these are already written by hackers. Picking up such codes in order to develop enterprise mobile apps can be dangerous in the sense hackers would get access to the entire information stored on such enterprise apps. If security testing is not completed before app release, users would be left at greater risk.

Cache storage and poor encryption

 

Mobiles and associated devices are highly susceptible to numerous security breaches. Hackers can easily access cached information stored in such devices. Mobile apps with systematic and automated clear cache tools can take care of this issue to a certain extent. Weakened encryption issues can be solved by secure encryption algorithms which prevent hackers from accessing sensitive information stored on devices and servers.

Inefficient software upgrades

 

Obsolete app software update issues can be very risky to the enterprise user because hackers can exploit the weaknesses of the app once it is launched. This can affect the app’s function. Timely upgrade and release of app software updates can solve this issue.

Mobile App security Issues can be broadly classified into these 3 categories:

 

1. Device-Based:

 

Mobiles are connected devices and information stored in the device can be compromised at the device level in many ways. Users download an insecure app which receives a lot of information stored on the device which can be stolen by hackers. This can be very dangerous since mobile devices connected through enterprise mobility contains huge amounts of sensitive data which when compromised can result in huge business losses. Outdated Operating Systems can make the devices even more vulnerable. Malware which gets sneaked into the device OS gets transferred to all connected enterprise devices including servers and cause havoc in the entire enterprise system. A dedicated and reliable Mobile Security App can trace out this malware and remove them before they cause severe damage.

2. Network-Based:

 

Mobile hardly works without a network! This anytime anywhere connectivity is what makes mobile attractive, but it has its own risks. When a mobile is connected to another device/network, the risk is higher if it is not secure enough. Many a time the device gets connected to an unknown network and data gets leaked without the knowledge of the user. Enterprise Wi-Fi network also is prone to hacker attacks. Unsecured public network connections are very risky indeed. Hackers often get hold of your IP and launch hideous attacks which can be even more dangerous. Network security measures are helpful in securing the enterprise network so that devices connected to it are secured and there would be lesser chances of data leakage through mobile apps.

3. User-Based:

 

Lack of passwords/user authentication in devices is a major cause of information leakage. Rooting the device gives hackers access to all the mobile apps and information stored in the devices. This gives the app “Admin” level access and any risky activity can be planned and executed. Stolen/lost devices are another high-risk area where it can be misused to break an enterprise network. Regular updates in mobile apps are the only escape route from all these issues.

Multi-layered Enterprise Security Solutions from Nuvento is capable of securing your Enterprise Mobile Apps.  A lot many Android/iOS Mobile App Scanners are also available which gives security reports in a few minutes depending on the complexity of the attack. Most of these tools check your enterprise apps for malicious codes and even warns your customers whether to make/pick a phone call or send/respond to SMS/email to prevent sensitive data leakage. Regular preventive scanning is performed to ensure your enterprise apps are safe. They also perform static and dynamic security tests and provides an actionable report.

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Do You know that your consumer’s digital world is connected? 

Your consumer’s digital identity is supposed to be unique, and this identity is the most valuable thing they own.

Banks are on the lookout for innovative technologies to manage and protect customer data and identities. Money Laundering, Cyber-crime and Banking fraud are always on the rise. Also, The EU’s General Data Protection Regulation (GDPR) also demands banks and other financial institutions to implement technologies like Customer identity and access management (CIAM). Dedicated systems to host consumer identities and their associated profiles is a fair enough step towards KYC. Collecting clear consent from consumers for the use of data is mandatory to avoid further regulatory compliance related hassles.

Customer identity and access management (CIAM) allows businesses to capture and manage customer identity and profile data in a secure form, and control customer access to applications and services.

Capabilities of Nuvento CIAM Solutions are as follows but not limited to these:

  • Detailed Dashboards to manage customers information sharing choices.
  • Functionalities to implement consistent privacy policies and methods to alert users about term change and acknowledgement process.
  • Can address scalability challenges when markets experience peak customer demand due to many factors.
  • Offer powerful security from authentication down to the data layer to reduce the risk of revenue loss, and data breach instances.
  • Combination of features which include single sign-on (SSO), multi-factor authentication (MFA), access management, directory services, data access governance etc.
  • Secure, seamless customer experience available throughout web and mobile channels which allows customers to engage with a brand.

 

Instances of Fraud!

Real Recent Story: I’m driving a car with my wallet on the next seat which has my bank cards. I get stuck in a traffic jam and listening to music. I am lost in my own world which happens to many who have had a hectic day at the office. I really don’t bother what alerts/messages I get in my cell phone. Later after an hour or so I take my phone to see the alerts. Voila!!! A handsome amount of money transacted from my brand-new credit card. I m not very much shocked since fraud instances are the “trend” these days, right? Then I see a transaction declined alert because the fraudster doesn’t have access to the One Time Password received in my cell phone which authenticates the transaction. 

Sounds simple, but the process is a bit complicated when we develop CIAM solutions to generate trust in the minds of bank customers. The Magnitude of Fraud is huge, and it grows rapidly. What if, the fraudster has implanted a spyware/hardware trojan in my cell phone or laptop which is used for transacting in billions. Cards are forged/duplicated at the point of manufacture itself. Sensitive card details then become like the most publicized advert which screams “Use Me”. The Magnetic Strip and Secure Chip is accessible to many without customer knowledge. Many instances reported wherein customer receives a “brand new” bank card which is already used for numerous high volume online/pos transactions and with really huge Unbilled Statement. We don’t have any rights to mistrust the bank executive who hands over the card to the customer, yes there are frauds in that process cycle also, but not always. One-time passwords are no more a secret. Fingerprint is forged, voice is forged, face recognition software is forged like never before. Are we supposed to wear a second skin all the time? These are the questions we got to address while talking high about our technological advancements. How secure are online transactions? Customer Identity seems to be the most forgeable component when it comes to banking and finance business.

Customer Identities are the most favorite toys for cyber criminals to play around with. It destroys huge business empires, create havocs in a developed country’s economic system. CIAM is Not a silly matter for tech firms to work on further. Bank customer support teams are loaded with daily instances logs of phishing attacks. One of the key drivers for CIAM deployment is Customer Loyalty programs, this is the most vulnerable segment. Airline Frequent Flyer program data is regularly thieved by relentless fraudsters. No online asset which belongs to a customer is fully safe and this is the main challenge which CIAM providers work on continuously. User behavioral analytics support CIAM vendors in fraud risk reduction to certain extent but not in its totality. There are intelligent algorithms which are deployed by star fraudsters which fetch behavioral patterns and craft attacks which are least dubious. Remember, any behavioral pattern is trackable.

Nuvento is diligently partnering with the topmost CIAM vendors across the globe to prove that We are responsible in creating a secure online platform wherein customers of Banking and related businesses can transact safely. We are continuously innovating in the fields of Biometrics, encrypted mobile apps/SDKs, and risk adaptive authentication features which are just a few functions which encompasses the CIAM sphere.

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CIAM platform enables banks to keep up with their internal security policy guidelines/regulations and thereby speeding up digital transformation efforts. Nuvento ensures your customers benefit from a seamless, customized secure banking experience throughout the customer life-cycle.

We promise Secure Business Transactions and Customer Delight in a Regulatory Compliant business environment thereby accelerating overall Digital Transformation!

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Technology has advanced so far that anyone can develop customized omni-channel apps which are delivered as web-apps or native apps across mobile and all other forms of end user devices. It is not very surprising to know that minimal coding knowledge is really required to develop creative apps which would help enterprises to re-imagine and re-design complicated business processes. Nuvento shows you How!

Digital Transformation through Low Code Digital Platforms

Digital revolution and technology evolution crossed new heights and conventional apps which limit the end user to restricted experiences is a thing of the past. Low Code Digital Platforms is based on a visual, drag and drop environment which enables quick development of apps which scale according to business demand and require minimal coding. Key Benefits of Low Code Digital Platforms:

  • Enables to prototype, build and scale applications with simplicity.
  • Allows coders and non-coders to utilize the platform with ease.
  • Easily customizable.
  • Enables to define data, logic, flow and forms visually without code.

 

What is trending in Low Code Digital Platforms Space?

 

New mobile offline capabilities that enable businesses to work with data, cases, and tasks is trending these days. Offline enablement allows easy access to all data and files which are required to complete the task; this makes it practically possible to complete your tasks from anywhere, at any time. Low coding is only required. Many Services offered in the cloud, such as AI, machine learning, blockchain, and voice and facial recognition services are available and synced via open source community.

We see a burgeoning demand for low-code development tools and the market is expected to exceed $15 billion by 2020 and this is a good enough reason for businesses looking for automating their business processes with cheap, simple software solutions. These smart technologies are supposed to remake your business operations and low code development platform is an effective digital transformation enabler.

Nuvento partnered with Kony enables you to stay aware and educated about the latest digital developments and extract maximum benefits from emerging technologies. This digital partner runs on cross-platform development strategy and supports you through multiple devices and wearables by keeping development costs under control and increases productivity.

Few factors to consider while choosing a Low Code Platform

 

1.Interactive Visual Design Interface:

 

The whole idea about Low Code Design platforms is to enhance creativity by making the back-end processes simple. When there is a need to design appealing applications, hindrances such as writing lengthy codes could affect the development time. This has a negative impact on the output as well. A good  output is definitely the after-effect of an easier and precise process. So, most of the developers are turning to modern low code design platforms which would make their life easier and more productive. The traditional method of developing applications involves numerous tools for design and development. It is more of a complex process while developing an app. Low-code platform on the other hand provides an Interactive Visual Design Interface wherein an app can be easily developed by simply dragging and dropping the design elements. We see numerous apps in millions of mobile devices and wearables every day, and this number will only increase. So, need of the time is how quickly and easily developers get into this competitive market and low-code design platforms helps them with this challenge. Simple to implement low-code platforms would result in better and finer apps for many devices.

To summarize the key points:

  • Low code provides a variety of options to design and develop unique apps across devices.
  • Low-code increases the speed of development with ready-to-go, wide-ranging design element libraries.
  • Developers need not worry about designing from scratch, low code is enriched with design outputs which can be utilized easily.

 

2.Immediate Prototyping:

 

Traditional methods used to rely on HTML, other native mobile technologies and complicated prototyping tools in order to build live prototypes of an app. Low-code platform ensure agility in operations and workflows and each app design is continuously evaluated and iterated to arrive at the best app design. The end-user is always looking at providers who can quickly provide real live prototypes which would meet their requirements. Low-code is capable of this kind of Instant Prototyping. 

Low-code empowers designers to build live app prototypes by including animations and interactions through a visual configuration interface.

3.Mobile Optimized Capabilities:

 

Mobile is more or less like a body part these days, so whatever app designers/developers build becomes successful only when it is optimized for Mobile devices. Low-code platforms provide simple drag and drop configurations and include usual buttons, text and image boxes, containers etc. Design components also create experiences in the form of gestures, animations and other forms of interactions in many channels like iOS, Android, and Windows. A best low-code platform is the one which ensures maximum security features which include touch and voice authentication for various mobile platforms. These niche features would give rise to better venues in mobile-app development.

In short, while building enterprise-class applications what matters the most is speed, simplicity, agility, easier back end system integrations, modularity and reusability and compliance to standards while innovating. If these are taken care of low-code platforms can enable futuristic ideas and fruitful innovative applications at minimum cost with minimum effort.

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Marketing Challenges are different for different Industries. You would find yourself in deep trouble if the right technology is not chosen to solve your critical marketing challenges. Generating revenue can be easy if the appropriate technology serves as your automation tool. Introduction of Artificial Intelligence in the marketing automation industry which is valued at $1.65 billion, has seen tremendous waves of change across many associated industries. AI-enabled Chatbots which is the talk of the town cannot be taken lightly. Most of our Sales and Marketing communications would be between humans and AI by 2022. Ad pop-ups are mostly seen as intruders in websites which distract the user and create frustrations. Imitating human conversation and introducing products pre-emptively can be done by Nuvento AI chatbots without seeming like intrusions. Chatbots for websites can be a prominent tool towards cross-selling your products and services and collecting information. 

Traditional Marketing Vs CRM/Marketing Automation

Traditional Marketing revolves mainly around the print or digital adverts in a magazine or other medium. The target is anyone who comes across that attractive advert. This is useful for retaining as well as attracting new users. An advert designed by a Marketing Automation tool connected to a CRM target on niches based on many criteria including purchase behaviour analysis, and demographics. A fine-tuned CRM ad targets a new/existing user who needs some level of service, mainly based on past experiences. Marketing automation helps ROI calculation easy based on each interaction.

Omnichannel User Experiences delivered by AI Chatbots

Chatbot development, especially for data-intensive industries like Insurance, can have far-reaching impacts. The main challenges faced by Insurance brands are longer Turn Around Time (TAT) and complex transactions which can be reduced by deploying Nuvento AI Chatbots. Speed and ease of use across all online channels are the key factors to attract new customers and marketing is always under pressure in order to automate and innovate. A chatbot is an interesting channel for engaging your customer, it delivers intuitive customer experiences, close-to-human conversations and truly automated digital experiences seamlessly across many digital channels.

Conversational Process Automation Solutions and Marketing

Massive amounts of data flow from contact centres via Customer Relationship Management (CRM) tool to help marketing to develop future strategies based on user preferences and to deliver Realtime customer experiences. Chatbots can help internal teams to develop close sync by collaboration and smooth flow of information. This always helps Marketing teams to develop innovative products based on user recommendations and offer them to users at the right time at the right place. Conversational Process Automation is the future of Marketing. AI-powered solutions allow marketing to develop products based on the volume of inbound product recommendations which are routed via service queries. This, in turn, can revolutionize customer service call centres as revenue generators in terms of product development as against the traditional concept of call centres being focused only on solving customer queries.

Inbound marketing tactics made easy with Chatbots

Chatbot development services can help you drive more traffic to your marketing website, convert more qualified leads, and close more deals with your inbound marketing strategy. One Scenario:

Traditional Marketing Workflow: Visitor -> Form->Email->CRM->Qualified->Call. Conversion TAT (weeks to months)

Conversational Marketing Workflow after deploying Chatbots: Visitor-> Qualify (Bot verifies visitors and qualifies leads 24/7)-> Continuous Conversations to build customer loyalty and repeat sales/references. Conversion TAT (Minutes)

Chatbot Business blooms in typical scenarios like this where brands deploy AI to help navigate visitors directly to the specific section of the webpage which is relevant to the visitor, and this results in faster conversion. Industry Leaders in webpage development are increasingly deploying chatbots to convert casual site visitors to qualified leads. A change as minute as a catchy welcome message pop up can result in huge increases in conversion. The message which delivers a competitive advantage to the buyer in terms of pricing or product/service scalability can bring out a positive impact. Chatbots developed by prominent chatbot development companies are well known to improve organic website traffic via facebook conversation interactions, chat blasts, and chatbot drip campaigns.

RPA, Robotic Process Automation Companies are busting some Marketing Myths

RPA Software Market is expected to grow by 41% every year through 2022. Gartner predicts that 60% of businesses with greater than $1 billion revenue will own RPA at the pilot or deployment stage. Source: Gartner’s recent report, Forecast Snapshot: Robotic Process Automation, Worldwide 2018. 

Few Myths:

  • Bots are expensive to deploy.
  • Bots cannot be compared to human agents.

 

Chatbot SaaS providers are coming up with innovative bots in robotics and automation arena to make the tasks easier for Marketers. Process automation solutions considerably improve efficiencies, minimizes human errors and operational costs. Benefits include humans focusing on high-value tasks, RPA works 24/7, and relatively lower training and re-training costs.

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Learn every detail about your competition, acquire more customers, improve your brand image, enhance customer service round the clock and reduce costs with AI-powered Nuvento Chatbot development services.

On the lookout for identifying strategic business opportunities is the key to Growth in any Industry. Technologies are unlimited, so is Data! For businesses to be stable and gain a competitive edge, strategies need to be effectively implemented and evaluated based on critical insights. 

Business Intelligence (BI) is a game changer in the sense it can handle huge amounts of data which comes in structured and unstructured forms. BI technologies are capable of identifying, developing and interpreting this big data to discover strategic business opportunities in many industries, especially Manufacturing. BI can help in optimizing material handling process in Heavy equipment Industry. BI provides key insights into the following aspects that constitutes material handling operations:

  • Project Management Reporting
  • Service Contracts
  • Fleet Utilization
  • Branch Performance.

 
Relevance of Customer Data

Collection, Interpretation, Analysis and Reporting of Customer Data is the starting point of any efficient BI process. Attempts to do guess work by estimating something before collecting and analysing entire details and information would cost you time, money and effort. This reduces Business efficiency and BI helps to avoid this pitfall.

Data mining and precise reports based on client’s business situation can open up multiple business opportunities like cross selling and upselling. BI can also suggest ways to improve customer service by improving processes and offering value additions. For this, reports based on customer data is crucial and BI dashboards allow clients to have a detailed view on all processes and improvement outcomes. 

Material handling equipment data is a treasure which needs to be scrutinized because it throws light to various facets of numerous business opportunities. BI technologies are often used to arrive at decisions which improves labor efficiency, equipment productivity, enhance inventory.

Accurate Visibility into the Equipment

Inventory management and maintenance is the most tedious process which also involves costs. Data driven BI dashboards gives a clearer picture on the details of equipment and alerts the user about maintenance schedules and cost ratios. Heavy machinery equipment rental software can suggest the best solutions when there is an emergency which ensures work is not affected and there are no productivity lags.

Business process Optimization

Continuous process Re-evaluation and improvement is the key to profitability and productivity. Different methods are tried out to improve processes in a consistent manner. Advanced analytics can interpret data if BI methods are applied in a predictive manner. Reports based on observations derived from BI strategy is shared across different departments because decision making is a collaborative effort and not to be done in isolation.

Profit drivers of clients can be identified easily with consistent BI evaluations and solutions to be offered proactively. This would win the trust of clients who have faced all kinds of losses in the past. The results of BI studies would help them prevent further pitfalls. For instance, failure of one piece of equipment can lead to revenue loss in billions based on severity of the project. BI helps to identify faults proactively and steps can be taken to repair and re-align operations to ensure smooth flow of operations. This has a direct impact on productivity and prevents unnecessary losses.

Data and reports which can be easily interpreted in the form of user-friendly reports adds on to Quality BI. Clients may not always have the patience to go through tedious reports, especially when they are facing numerous business challenges.

Service Contracts and Fleet Utilization:

Tracking profitability of various service contracts is a time-consuming task. Organized dashboards can make this task simpler. BI can design systematic dashboards to track processes and profitability – Preventive contracts, Full-Service agreements, planned maintenance, Time and material and total maintenance and repair. Data driven dashboards which are easy to interpret is the main window which communicates to the client as to what you can offer.

Complete utilization of Fleet services would ensure profitability. Understanding fleet based on category class and individual equipment level details improves the efficiency of each product line.

How BI can impact the future of heavy equipment industry?

Optimized decisions would help Heavy Equipment Industry, and this is possible by applying Advanced analytics and BI technologies. “The global heavy construction equipment market is estimated to reach USD 166.05 Billion by 2020, with a projected CAGR of 6.80%, signifying a steady increase in the demand for heavy construction equipment.” – Markets & Research. Source: https://competitiveanalytics.com/heavy-equipment/

From a technical viewpoint, BI may seem like just another Analytic and Business Reporting tool, but the fact is it has a much wider scope. BI influences Business Decision Making, and it brings out insights from almost all the departments. Business Intelligence Consultants continuously apply a series of concepts and specific methods to improve Business Decision Making.

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