Latest information and trends in the Tech World!
Insurers using AI to standardize contracts and boost efficiency
When COVID-19 first struck, insurance companies around the world had to scramble to figure out their exposure to the systemic socio-economic event. No one had a clear idea about the impact of the pandemic, and so the first problem they had to solve was to work out how many contracts in their portfolios could potentially pay out for pandemic-related claims. For large, incumbent insurers, doing that analysis on a broad portfolio of policies was a huge challenge due to the urgency of the task and the strict compliance requirements surrounding it.
Conversational Platform Trends for 2021
Live chat and conversational platform technologies have made significant advancements in the past few years. Thanks to AI and machine learning, these implementations have gone beyond just being a customer support tool, to a crucial component of an e-commerce website's revenue engine. With the pandemic ongoing, e-commerce is booming right now at the expense of brick-and-mortar. But with Amazon still accounting for 44 percent of all online transactions, e-commerce business owners must constantly search for ways to keep customers on their site and returning for future business.
The insurtech way: what it takes to reduce technical debt
"Technical Debt" , created by software developer Ward Cunningham, captures the idea that technology, like any financial debt, incurs interest. This interest is measured in the additional time and mounting costs it takes to implement changes or systems upgrades because of the existing infrastructure beneath it. In this insightful interview with Bart Patrick, Managing Director of Duck Creek Technologies in Europe, you'll see what it takes to reduce technical debt and what technologies play an important role - but still have great untapped potential in this process.
5 steps to start your enterprise app modernization
Prepare to modernize! Every well-executed plan begins with a bit of preparation. Your enterprise application modernization project should be no different. As a first question, we like to ask, “Is our project aligned with the priorities of the business?” Sure, it’s simple—but it’s an important first thought.
6 IoT Predictions for 2021: What's Next?
What are the expert IoT predictions for 2021? Smarter homes, cities and workplaces as the internet of things gains ever more prominence. The Internet of Things (IoT) will undoubtedly continue to play a significant role in society for the foreseeable future. Here are six 2021 IoT predictions for people to anticipate in the coming year.
Cybersecurity Posture is a Must in an Anti-Cyber-Attack
More than 10 years ago, fewer than one in four companies relied on the Internet for their business. But now, it is 100 percent. Despite this growth, the Internet has now been accompanied by a steady increase in the severity of “Cyber-Attacks.”Billions of business individuals worldwide have had their personal data stolen, exposed, and rapidly occurring at a high frequency.
The VP of Software Development at Oracle reveals what's brewing for the future of Java.
My first experience with Java came in my second computer science class, Fundamentals of CS. The intro to programming course used C++, and was my first programming outside of BASIC. With the intro course, I learned loops and logic, variables and function declaration, memory allocation, and basic objects and classes.
With working from home on the rise, companies are increasingly relying on VPN security to reduce the risk of cybercrime.
Most of us are spending more time at home now than ever before and are either working from home or trying to find ways to keep ourselves occupied while sheltering in place. Either way, we’re connected to the internet, making cybersecurity tools like Virtual Private Networks (VPNs), more popular than ever.
With requests for new infrastructure increasing to support working from home, some creating IT financing options have emerged
The COVID-19 responders on the front lines also include IT staff members who worked around the clock to deliver the IT services that workers within all industry segments needed to continue functioning.
A startup called Supporti helps people reach their goals by setting them up with a buddy to help keep them on track.
Many people ring in the new year with ambitious resolutions, perhaps striving to lose weight, get more exercise, look for a new job, curb their use of digital devices or read more.
Good back up systems saved Port St. Lucie's sheriff's office after hackers attempted to extort $1 Million!
"Everything," said St. Lucie County Sheriff's Office IT Manager, John Hammond. "Everything from our payroll to our booking system at the jail, to our reports that our deputies use in the field. All of those were shut down as a result of this activity."
Is technology helping people adopt?
Applications like Eharmony prove that there is a science behind relationship chemistry, but what if we applied these types of algorithms to adoption? Programs like Family Match are using just that to match waiting children with approved families in hopes of creating the best match possible
Improve Customer Engagement in Insurance
Having a good customer service experience is essential in keeping existing customers, and increasing retention levels to improve the businesses' profitability. For the insurance industry, this means using new technologies that allow you to analyze the data of patterns and behaviors so you can better understand your customer.
What Factors Will Make Your Website More Credible?
Do you know that one element you need to convert more website visitors into paying customers is credibility? Yes, that is right. Potential customers that do not trust you will not buy from you. Your website is the central online hub, your business’s digital portrayal, and often the first stop for potential customers. The first question that visitors have when they land on your website is whether they can trust you.
Can Entrepreneurs and Developers Just Get Along? Yes, Using These 4 Methods.
When my company took on a significant project delivering production-ready code in the entertainment space, we moved faster than our clients expected -- and this created a problem. Our releases needed hot fixes, but we didn’t have enough access to their code and environments to do a Q&A cycle. So, when the product we developed didn’t work, we didn’t have the tools to fix it. And what was their response to this lack of clarity? “You screwed up -- why should we give you access?”
Mainframe use is on the rise—driven by security and compliance requirements
Is mainframe usage on the decline? That’s what we wanted to find out in Deloitte’s 2020 Mainframe Market Pulse Survey. From our work with IBM in organizations across industries, we were confident that the survey would show mainframes are still prevalent in the corporate world. And, in fact, the results showed that mainframe usage is rising.
Question Everything You Know about Your Business Processes
There may have been a time when an organization’s automation strategy was defined primarily by siloed, ad hoc, and task-based workflows. Now, however, the most effective and impactful initiatives require business leaders to ask bigger, more challenging questions beyond simply what tasks can be automated and the ROI on cost reduction. Here is how to question everything you know about your business processes.
The Problem With Defining Bad Algorithms in Software Development
Increasingly, our lives are run by algorithms. When we run to Google for search for the answer to a question that’s been plaguing us, we’re tapping into an algorithm that will find us the best possible result. When we open Facebook or Twitter for a rundown of all the latest news and updates from our friends, we’re relying on an algorithm to show us the most relevant content. We can even use algorithms to make predictions, evaluate data, and help us make better decisions in our jobs.
Windows turns 35: a visual history
The PC revolution started off life 35 years ago this week. Microsoft launched its first version of Windows on November 20th, 1985, to succeed MS-DOS. It was a huge milestone that paved the way for the modern versions of Windows we use today. While Windows 10 doesn’t look anything like Windows 1.0, it still has many of its original fundamentals like scroll bars, drop-down menus, icons, dialog boxes, and apps like Notepad and MS paint.
Sony announces bug bounty program that rewards the hacker that can follow its strict rules of engagement
Sony wasn’t impressed, and launched legal action against Hotz, even though the main purpose of Hotz’s reverse engineering seems to have been an attempt to allow PS3 owners to run alternative operating systems such as Linux or FreeBSD on their own devices.
Check out the results from Stack Overflow's 2020 Developer Survey. Can you guess the 3 most loved languages by devs?
he results of this survey reflect the opinions and experiences of nearly 65,000 developers. It’s important to note, however, that the survey was conducted in February, before COVID-19 had been declared a global pandemic, and countries across the world had gone into lockdown.
Cisco and others take advantage of VPN split-tunneling as working from home is continuing to grow.
As work-from-home becomes the norm due to the COVID-19 pandemic, the need for secure access to enterprise resources continues to grow and with it the demand for ever-more VPN.
Hackers are spreading malicious sites disguised as coronavirus maps to attempt to give people malware
As people seek out information about the spread of COVID-19, hackers are circulating fake dashboard that purport to show maps tracking the spread of coronavirus but that actually infect people's computers with malware when opened.
Code.org has tutorials and a live weekly webcast aimed at teaching computer science to children. Get your future-programmer started by coding a dance party!
We are facing an incredibly challenging time with the global outbreak of COVID-19, grappling with growing concerns over health, our communities, and the economy.
FPL is offering entrepreneur teams $50,000 toward their ventures in renewable energy, water, or technology.
FPL is investing $2.5 million in the first year and offering each entrepreneur team $50,000 toward their venture. The entrepreneurs will have access to FPL's experts in solar, renewable energy, smart-grid...
Covariant.ai uses a range of AI techniques to help robots learn new skills and improve performance of warehouse tasks.
Some of the biggest names in artificial intelligence, including two godfathers of the machine learning boom, are betting that clever algorithms are about to transform the abilities of industrial robots.
Tech can be challenging to keep up with. Check out readwrite's top conference picks for 2020. Which ones are you attending?
The world of tech is in constant flux, and it can feel challenging to keep up with the never-ending changes. Conferences are one of the best ways to keep up with what’s current in tech, showcasing some of the field’s best minds and allowing you to network with other business leaders.
Check out these events that teaches teens how to hack and code for the greater good
The term hacker may typically be associated with negative connotations. However, TeenHacks LI is working with high school students by using hacking and coding to assist in philanthropic efforts worldwide.
IoT, AI Can Help Education Weather the Covid-19 Storm
The education industry turns to IoT and AI to ease the pressures of moving to a virtual platform. Helpful application of the tech include keeping track of important resources, greater access to information, and improving the safety of their campuses.
Multi-Cloud Cost Optimization
The popularity and confidence in cloud computing platforms continues to grow unabated. More and more businesses are moving mission-critical workloads to public clouds. Forbes recently projected that by 2021, 32% of IT budgets will be spent on public cloud platforms. Forbes also points out that cloud spending has grown 59% on average since 2018.
Open Source Best Practices for Corporate IT
Open source as a phenomenon has been around for quite a few years, tracing its roots to Tim O'Reilly who is often credited with popularizing the term and the concept back in 1998 by introducing it at one of his eponymous conferences. Since its early inception open source has been embraced by technologists the world over, despite some major software vendors attempting to compete with it in its early days. However, with the relatively recent purchase of GitHub by Microsoft, open source has truly gone mainstream, and even competitors have decided to join the community rather than attempt to compete against it.
Machine Learning Is Changing the Future of Software Testing
The majority of software development teams believe they don't test well. They understand that the effect of quality defects is substantial, and they invest heavily in quality assurance, but they still aren't getting the results they want. This is not due to a lack of talent or effort -- the technology supporting software testing is simply not effective. The industry has been underserved.
7 ways tech apprenticeship programs have adapted during the pandemic
Apprenticeship programs in tech allow employees from nontraditional backgrounds to gain applicable skills for jobs in the industry.At Callowhill-based Azavea, they’ve been used to strategically build its own talent pipeline piece by piece, targeting untapped communities and applicant pools. Through mentorship, client work and on-the-job learning, the program helps individuals who don’t have related experience or a formal degree learn software development.
How to design an agency website with user experience in mind
User experience (UX) is defined as a person’s emotions and attitudes when they’re using a specific product. In the case of insurance agency websites, UX is shaped by how a site is perceived by the user and whether it provided value, as well as if it was easy to use, among other factors.
Technology is Transforming the Insurance Sector
The insurance industry, for a long time, has been driven by traditional business models. It continued its legacy business process and products for quite some time. But with the intervention of innovative technology, the insurance industry has witnessed positive outcomes.
Where the jobs are: Tech hiring is on the rise
Like so many other aspects of society, hiring has been dramatically shaken by the effects of the coronavirus pandemic. Hit by severe financial losses, organizations have had to cut back on their staffing needs. But that tide may be starting to turn for technology workers. A report released Wednesday by job site Dice finds that hiring in the tech sector appears to be stabilizing.
One data scientist pushes limits as she offers virtual coding camps for students nationwide to help keep them engaged and stimulated.
When the coronavirus forced schools nationwide to shut down indefinitely, some 115,000 low-income students in Chicago, one of the country’s most segregated cities, were sent home without devices to use during quarantine.
A lab at the University of Toronto uses AI and supercomputer-driven techniques to convert greenhouse gas into useful materials.
At the University of Toronto, Ted Sargent runs a test kitchen of sorts. His team, composed of researchers and students, develops recipes, measures and mixes ingredients carefully, and then evaluates the aftermath.
Paying hackers is no bad thing. Google confirms it paid hackers $6.5 Million last year to help ensure the security of the internet.
Paying hackers is no bad thing. Which is why PayPal recently paid $15,300 (£11,700) to one, Tesla is offering $500,000 (£380,000) to any that can hack a Tesla Model 3, and Apple is prepared to cough up $1.5 million (£1.1 million) to iPhone hackers.
Recruiting new tech talent can be challenging. Could bringing back apprenticeship programs help recruit for entry level positions?
Companies challenged by the shortage of skilled technology staff are using an old-fashioned method—the apprenticeship—to recruit nontraditional workers for entry-level roles.