Why Change Doesn’t Happen and What to Do About It?

This is a time of the year when courses get over, the market is filled with new opportunities and talent, the best time to issue changes in an organization. But why do changes not happen? Decisions have been taken to either offer a new product or refine the offering, yet it seems too difficult for the change to occur.

Change is not to be taken lightly, no matter how slow its impacts are. People generally are comfortable with the old schedule and any change in that makes them get prepared along, so they do not allow changes quickly. Changes also do not happen overnight, they take time to be felt upon.

Even when it is felt for a recommended change, its pitfalls of done shabbily affects the whole process of welcoming a new change. The reasons and their possible solutions are discussed below-

No decision is taken

A change is propelled by an idea, constant work on it turn them into projects. Work is done for several weeks, yet a major step can be missed if the idea runs out of fizz as a decision was hard to be taken as simple as that.

Resolution- This can be avoided if the decision maker is chosen initially.

Whether an individual or a committee consisting of several, decision making must be unbiased and benefits to the organization. This speeds up the process, the project comes under the direct purview of the leader. Implementing decisions can be a big step for changes.

 

Change lacks luster or that extra edge

The changes need to be supported by the management and also be positively welcomed into. Choosing the right people for the job makes it easier to complete a task. For example, human resources managers are better to tell who will be benefited with corporate training rather than some top-level bureaucrat.

Resolution- The changes can be proved more useful if supported by case studies or performance reports that are sure to excite everyone. This eliminated guesswork and drives up efficiency.

Communication gap

Let’s face it, most of the decisions are taken in the boardroom within private enclosures, and little to no communication takes place. When there is a change in works, any delay in the final announcement gets the worst of the team, they expect something to change but still not clear what change is to take place themselves. This could to leaks of information or even spread of rumours underlying the effectiveness of employees.

Resolution– Communication is the best way to remove fears of the team, it must be the duty of the organization to promote friendliness and effective communication channels within the organization. A preview can be given to chosen executives to gather the feedback and working on the improvements. Communication about the change can be done through editorial messages or notices boards. Informal messaging can be done through social media or corporate Intranet.

Change not Followed by Training

Announcement leading to changes can be discussed with proper presentations of the situations now and to be expected later and must be clear to all attendees. Arrangements may be made to post this discussion in internal channels for quick delegation of the information. As reiterated earlier, humans are comfortable in doing their habits, any change in them will make them uncomfortable. To alleviate this tension, training must be arranged to provide the team with confidence.

Resolution– For counseling and training purpose, the organization can take the help of certified trainers to help their employees. A good training can help them excellently.

Effective Date to Get Started

A gap might exist between the announcement, the training and the effective date of getting started. There should be no gap in the ideal situations, as change is not a distant process and should be welcomed into the work culture of the organization as effectively as possible.

Resolution– The team should be well informed about the go-live date and a change can be ranging from a new feature on the webpage, a new product is to be launched or new performance evaluation system. A small time period may be provided to tweak and make effective improvements to that mentioned earlier.

15 Surprising Stats about SAS Programming

Initially developed for analysing statistics in the 1960s, SAS programming has come a long way since then. From statistical analysis to the graphical representation of data, you can learn SAS to customise it to your field.
Whether you’re into business analysis or medicinal research, SAS can handle huge sets of data and display it in a readable format. So, should you learn SAS?
Check these fifteen stats about SAS programming to find out –
1) SAS is a programming language
While SAS offers a GUI (short for – Graphical User Interface), at its core, it’s a fourth-generation programming language. But it’s designed to reduce the time and efforts you need in analytics.
2) SAS programs only have two kinds of steps
The SAS programs have a combination of only two types of steps – DATA (to manage the data) and PROC (to process and present the data).
3) SAS is the most used tool
It’s the most used tool when it comes to data analysis and business decision making. In fact, SAS programming platform holds about 30.5 per cent of the market share of advanced and predictive analytics. It’s more than double the market share of its nearest competitor.
4) The fifth largest player in Business Intelligence software
SAS is the largest independent software vendor for Business Intelligence software products. With 6.9% market share, the SAS programming language is the fifth largest.
5) 42.6 market share in Health Research
As per a 2011 study, 42.6 per cent of data analysis in health was done with the SAS programming software.
6) SAS reinvests 26% of revenue
Investment in R&D by SAS is more than double the industry average of 12.5%. It invests 26% of its revenue. One of the reasons why you should learn SAS and keep yourself updated.
7) $60 million donations to non-profits
In the US, the company donated more than $59 million worth of software, hardware and training among other things in 2017. And then, there was $1.3 million in cash.
8) Joined 30,000 organisations for volunteering
In 2017, SAS employees in 16 countries volunteered for almost 30,000 organisations as the #GivingTuesday initiative. They raised $300 million in the process.
9) SAS programming software can read other statistical files
If you learn SAS, you can also handle data files created by other packages like SPSS, Excel, Systat and incorporate those in the present system.
10) More than 200 components present
From basic procedures to graphics, data mining, quality control, the SAS software suite has over 200 components.
11) Free learning resources in more than 120 countries
More than 3 million teachers and students access online resources to get prepared for a technology-driven workforce.
12) 65 Analytics Degree Programs worldwide
With the aim to help people learn SAS and other analytical skills, the company has helped to launch 72 masters and undergraduate courses. There also are 172 certification programs.
13) 4000+ people got trained in using analytics
During the guest lectures to universities and various colleges in 2017, more than 4000 students and professors learnt their way into analytics.
14) SAS is more than 40 years old
From its initial release in 1976, SAS programming has been present in the market for 42 years now. One more reason to learn SAS and trust its analysis.
15) Free educational software
By 2017, there were 1.45 million registrations on its free SAS University Edition and SAS OnDemand for Academics software.
16) SAS is easy-to-use
The point-and-click interface of SAS – the SAS Enterprise Guide generates codes to analyse data without the need of programming experience.
Even though with so many features, it’s easy to learn SAS and then, use it for various analysis.

Pros and Cons of E Learning

Technology has changed most aspects of our lives. Everything has transitioned and can be done online. Hence it is not surprising that learning is also finding its way online. People no longer need to travel distances to learn, and companies don’t need to spend on travel and lodging to acquire skill sets. So is online learning really a boon or does it have a downside?
Every coin has a flip side, and to find out if online learning, is as fascinating as it sounds, is it truly suitable for you or not read on.
Like true optimists lets look at some positives first

  • Online learning is convenient and flexible, all you need to gain knowledge is a computer with internet connection and basic technical skills, like how to operate a computer, an LMS system, navigation and ability to manage and report issues if any to the provider.
  • You save on travel time, and can instantly start learning. At the same time as a knowledge provider, distance is no boundary, specially in a corporate set up, you can widen your reach across locations and also geographically.
  • Online learning allows learners to acquire knowledge at their own pace, they can also build up their own learning schedule, chose where and when to learn. You can multi task and learn while travelling, or in lean pockets during the day.
  • Online training is very cost effective, specially as far as corporate training is concerned, no travel cost. Some sophisticated LMS systems also adapt instructional designs mechanisms to factor and reach all behavioural types of learner preferences. It’s a combination of audio, video, and experiential learning methods that are put into designing a course.
  • Self-paced or instructor led, both forms of eLearning gives ample opportunities to receive feedback and hence to a great extent learning is instant, as there is a learner buy-in.

Since human intervention is reduced, the conventional theories of instructional designs and methods are absent, which could lead to certain precincts.  

  • You are in it on your own, at least for the most part of it, so although online learning is flexible and convenient, it is not as engaging as a classroom environment will be. Although doubts can be cleared, especially in a virtual set up, however, due to the barrier in communication, the essence could be lost, this could make one feel confused, and lack of support might take you away from the learning opportunity.
  • A virtual classroom or a virtual environment cannot give the support that actual human face to face interaction can. So the learning over online portals might occasionally seem impersonal.
  • After a day long investment at work, to sit in front of the computer and learn could seem daunting.
  • Taking up an online learning course requires a lot of self-discipline and motivation. Remember, some people need constant supervision to adapt a skill set.
  • Online learning gives the control of learning to the audience, it sounds good, but sometimes not very effective. As there is no control on identifying that the learner is actually going through the material as required, there is always a risk factor that one could have gone through the material without dedication.

So while designing or choosing between traditional online learning options, consider, do you have what it takes to take the course to completion.
Online courses, if designed with passion, creativity, talent, time, knowledge, great communication skills, and above all ingenious incorporation of the course content with conventional instructional design methodologies, will have great results and will easily outweigh the limitations. Evaluate and begin learning!

What are the Reasons For Choosing a Right Job?

What are the Reasons For Choosing a Right Job?

Once upon a time, changing jobs every few years would look bad on your resume, it meant that the employee either did not get along with the team or had commitment issues. Times are changing, and Millennials have a very strong desire to continuously learn and develop their skills which lead to frequent job changes.
Two to three years is considered an average tenure of an employee. Toggling between many companies and industries becomes a vital part of current professionals. The advantage of this trend is that there are many choices throughout your career, the disadvantage is that not all those choices might be good.
Choosing the right job or deciding on “The” company to work for might not be the dilemma of only experienced job seekers, but is a daunting task even for beginners. No matter how lucrative the opportunity is, it’s easy for seasoned as well as first-timers to divert all their attention to impressing the right people, in the process, they forget to weigh certain pros and cons.
Even before you start considering which company might be suitable to you, it’s a good idea to introspect, and do some self-analysis in understanding what gets you going, to make the right career choice.
To broadly classify, certain personalities love to seek new opportunities, think abstractly, and are quick decision-makers. They usually like to work in the creative fields or in entrepreneurship set up. Their opposites are personalities that prefer planning and detailing, are analytical thinkers and do not take decisions until all points are considered, they avoid spearheading projects with limited resources etc., while a mix of both these personality types is imperative, one needs to know where you learn before choosing a career. As the creative personality, might not function at full capacity with a 9-5 setup.
Once the right career path is selected with due diligence, you need to list down the non-negotiables. Remember your priorities will change with age and experience, hence it is a good practice to re-visit the list from time to time.
Certain common factors could be-
Development Plan –  Consider a good training and development opportunity. A bigger company might offer this and similarly, in a smaller company you might have more responsibility, both would lead to a skill set growth, while one might be organised the other would teach you practical application, choose where you learn. Is the work atmosphere conducive? Also, understand the organisational hierarchy, and separate the title from the responsibility, because at the end of the day it is what you do that will get you your next opportunity.
Job Reviews – it is a good thought to know your review/appraisal cycle. If you are a person who needs regular affirmations this will become your driving point. Regular reviews also mean you are that much closer to your next promotion.
Company Review – Company Image is crucial. It’s a known fact, that companies that don’t always keep up the pace are surpassed by the ones who do. Some factors into account would be to check the company’s leadership team. Do you see followers or innovators? Any success stories, how do they treat their employees. Client/ customer testimonials, look at their ex-employees, what opportunity did they have? In terms of technology how advanced or accepting the company is. Research your boss, estimate his personality, does it match yours?
Location – Two ways to look at it (A) where is your office located, the company address has an obvious impact, how well connected is it in terms of transport (B) how much are you willing to invest in terms of time and money. What are your options, does your office have flex hours or promote work from home? Leave policy? It’s also good to see if you blend into the vibe and culture of a certain setup. Research shows even with generous packages if the vibe, location or culture is a misfit you will reach a saturation point much faster than in a vice versa situation.
Salary – At the beginning of your career there would be some time you need to invest in hard work, however, consider the location, benefits, travel, and the salary scale of future employees of the brand you plan to join, merely taking your decision on the take-home amount is not advisable.
Imarticus Learning offers a comprehensive range of professional Financial Services and Analytics programs that are designed to cater to an aspiring group of professionals who want a tailored program on making them career-ready. Our programs are driven by a constant need to be job relevant and stimulating, taking into consideration the dynamic nature of the Financial Services and Analytics market, and are taught by world-class professionals with specific domain expertise.
Overall, are your personal growth goals in alignment with the company you intend to work with? It would be short of a miracle if you find a 100% yes, however, a higher scale equals to accuracy in the decision.
And the most valuable piece of advice is to trust your gut, your visceral cues are more valuable information, filtered by your subconscious. Make your intangible list, evaluate against all odds, and go accept that offer you have!

Blended Learning : The Evolution of Online and Face-To-Face Education

Blended learning might have many connotations for many individuals. It is essentially a hybrid approach with a combination of online delivery of content and the traditional live face-to-face based instruction. For some, the definition or understanding of blended learning so boards that any integrated use of technology into the learning experience might result in it being branded as blended intervention.
What is Blended Learning?
In the true sense, blended learning is more of a pedagogical approach in education which brings the best of socialisation opportunities of the classroom and marries it with the flexibility of technologically enhanced active learning possibilities of online teaching experience.
The teaching landscape has witnessed a great evolution over the last century, there has been a technology uprising especially in the last decade which has impacted the way people learn. The availability of smartphones, tablets, Kindle, accessibility of the internet almost everywhere on the planet has rapidly impacted the way we learn and the generations to come will. Technology will continue to integrate into our lives and education and learning and development portals have accepted this fact and are willing to embrace it for the advantages it brings. Thus one will see the uprising in the acceptance and usage of blended learning approaches.
Blended Learning Models are very segmented in nature and hence is gaining popularity in the education forums for its ability to personalisation to fit the individual’s learning needs. The course can be designed from the many available models, to suit the topic or audience, for example, instead a traditional mode of delivery, one can choose the online method, where face to face interactions are periodic or limited, or offer Rotation method where the participant rotates between self-paced online learning and personal instruction schedules which are fixed but flexible in nature. They can also take advantage of the Flex method which for its majority is online delivery and participants can get instructor interactions on request as a support.
Advantages of a Blended Learning Approach
In the true sense, this approach is a win-win situation for the Instructor, Participant and the Topic i.e. the teaching condition is conducive to the topic of learning.
The Blended Learning Approach is breaking the traditional wall in some sense and addressing issues of individuals rather than approaching it as the whole, where the needs of a few were neglected. With the currently available technology, courses can be personalised to individuals learning capabilities. The technological integration also breaks down the conventional issues like time, where the participant has the flexibility to learn at their pace around a time in the day which is most convenient to them.
Instructor gains access to global resources, and materials which match the students level of knowledge and interest. Teachers can offer personalised interactions in private through chat rooms, emails etc., in turn helping the learner me more effective. Due to online portals, students get availability to their learning graph, which reduces the stress from the teachers allowing them to focus on the areas of weaknesses and bridge the skills gap more efficiently. Teachers can use technology to introduce a variety of activities and engage students through different learning styles. Instructors with the help of technology can reach and motivate slow learners or hard to reach participants creating individualised professional development plans. It also offers to teach as a professional to people located in remote or low opportunity areas, thus creating more earning potential and activating dormant careers.
Participant stays focused when technology is introduced in a teaching set up, focus and excitement increase. Subsequently, the retention ability is also enhanced due to continuous reinforcement. With the access to the internet the availability of resources increases, where inquisitiveness is fuelled by research, guaranteeing consistent engagement of participants and students alike. It gives rise to student autonomy, making the participant in charge and responsibility in setting personalised goals and learning pace, instilling a sense of ownership. This is phenomenal as the participant is not only learning the subject or topic but is also getting prepared in real live skills, thus directly impacting the future skills, like decision-making, resilience, self-engagement, research skills.
Topics or scale of information, it’s penetration or reaches also increases. It reduces isolation, participants or students sitting across any location can take advantage of the wealth of information and opportunities which were only available to the select few of the cities in the past. Thus offering more collaboration and networking opportunities. This, in turn, leads to better student data making the path for professional growth.
With all of these interesting facts and things being stated here, Imarticus Learning has taken an uptake over the Blended learning and we have created courses best suited for the people interested in Banking, Finance and Analytics industry.
To conclude, it is important to note that each individual will have a different learning style, the instructional design should focus on the visual, auditory and kinetic learners alike while designing corporate courses or in education. Integrating technology effectively can improve the retention, engagement and enjoyment for participants. Increased availability of technology in learning or blended learning approaches thus becomes imperative in today’s time irrespective of the nature of education in schools or corporates alike.

Achieve Greater Career Success with Life Hacks

They say, it’s the simplest of things, which sometimes have the potential to make the greatest of changes. For example, a tiny change in your daily routine and to your overall perspective can ensure a potentially great effect, on the results, you ultimately plan on achieving. This is more in keeping our personal lives in focus. Whereas in the corporate world, in our business lives, all of your chances to succeed, wholeheartedly depend on the overall result of all the small, tiny decisions that you take, this is regardless of your position or the industry you work in. For instance, something as inconsequential like, getting in a bit earlier every day, gives you the extra time that will help you in working over the big projects. And these very big projects are supposed to pave way for your appraisal, at the end of the year.
Now whether you are actively seeking to bag a promotion or a raise or just heightened productivity, there are certain really simple life hacks, which help you in achieving greater success, in the corporate world.
1. Finish off with the smallest of chores first.
Haven’t we all gone through the stages of innocent procrastination, where we tend to think that certain tasks are not really worth our time, which is why we push them behind to focus on the biggerones. But did you know that this very attitude, later on leads to the incomplete tasks interrupting your bigger projects. This is why it is more important to get over with them as early as possible. Yes, there is the risk of being distracted from the bigger, more important tasks, but it clearly beats the risk of these incomplete small tasks, which become the reason of our anxieties later on.
2. Flight Mode is definitely beneficial
Today the world of technology has become a highly developed, potentially dangerous place. The reason for this is the immense amount of ways of communication, gives one more access to the whole, wide world. This may be the upside, but like with all great things there is a downside as well. The entirety of social media and social networking sites have the potential of becoming extremely distracting. This distraction develops in the form of your productivity killer and as a result, has a detrimental effect on your progress. Which is why going off for a while is great.
3. The non-verbal cues achieve great things
Start of by making simple changes to your attire, possibly even your posture and your facial expressions. These changes, although might seem very inconsequential, they have the potential to mentally enrich you and help in your progress. These also act as confidence boosters, with the help of which you can totally conquer your work life.
While these three make for some of the most important hacks, there are still others that you must pay clear attention to. For instance, cutting down on the sedentary lifestyle, by trying to move as much as possible throughout your day is a great way to feel energised. If all these changes seem overwhelming at first, start small by timing yourself, while you perform your daily tasks. With HR Managers looking for more industry endorsed professionals, institutes like Imarticus Learning have been sought after due to their offerings in industry relevant courses. Visit one of our training centers based in – Chennai, Thane, Pune, Banglore, HyderabadDelhi, Gurgaon, and Coimbatore  for more information.


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Top Cities to Have a Career in Right Now

Top Cities to Have a Career in Right Now

The Parliament of India recently released its Union budget and with the same, there have been a lot of good indications, both for the economy as well as the banking sector. While the country seems to be steadily progressing towards economic growth, the popular vibe among the present generation is an absolute fascination of the west. This is one of the reasons why many professionals, in various industries like Finance, Medicine, Analytics or Engineering and the likes, look to get highly qualified, in order to settle in on the job that they love the work in. This has encouraged the popularity of professional training courses, which are way more industry relevant as compared to the academic courses.
While it is a general notion that is reiterated time and again that you must find a job which you absolutely love doing. This idea for a lot of people gets attached to the more tangible concept of place, as many of the professionals, look to get hired in various foreign countries, in order to get the right kind of job. This is probably why you would see a lot of career websites, promoting different foreign countries, as the best and happiest place to work in. But then again, there are a lot of cities within India as well, with a prominent newspaper ranking Jaipur as the happiest city to live in, there are quite a few others, including the golden quadrangle with their metropolitan areas.So if you are looking for a great city to work in, we have curated a list of some of the happiest cities you can work in. This list basically is based on numerous surveys conducted, highlighting aspects like the happiness factor, compensations, work environment, employee- manager relationships and so on.

1.Chandigarh
Many residents of Chandigarh have time and again agreed to the fact that this city, makes for a great place to live in and thus by extension to be employed in. The many reasons cited would be a sound financial status of the people there, as well as great infrastructural development throughout.

2.Lucknow
Lucknow has gone on to be the second city to make it into the happiest places to live in list. The people residing in this city highly cherish their needs and desires and consider the same, their source of happiness. With a perfect mixture of the multinational and domestic companies, it makes for a great place to be employed in.

3.Delhi
The capital of India, apart from being extremely advanced in terms of infrastructure, it also houses headquarters of a number of nationalized banks, corporate financial institutions, private and public firms, making it the go-to place for all those professionals looking to leverage their career prospects.

4.Mumbai
How could the economic capital of India, not be a part of this list at all? Apart from being the part of the state that pays the most tax, it also has a thriving financial sector full of top ranking investment banks as well as commercial banks, various companies, which is no wonder why people come here to work.
So now you know, all you have to do now is take your pick! Do you think your city deserves to be on this list? Tell us why!

Advantages of Online Courses

Students these days have been absolutely taken by the immense possibilities that internet has offered to them. One of the biggest breakthroughs, especially in the education industry is the introduction of online courses. Online Courses and Education are like a modern take on the age-old practice of homeschooling. While just like the latter, online education may have its limitations, there are a lot more advantages offered here. The conventional education system, with its chalkboard and textbook processes, has several problems inherently.
Here’s a list of reasons why we believe online education is well on its way to become conventional.
1. The Variety
The fact that the whole of Internet is so huge, means that you can literally end up studying whatever you want. While online, it is possible to pick up any program, which you have always wanted to study, it does not work the same way, traditionally. The ordinary courses, which involve going to a college and a lecturer, usually end up costing you more and a lot of traveling as well. Whereas on the other hand, you can study not only from your home, but also choose whichever course you want to, not being worried about its availability. Apart from enrolling yourself to as many programs as you wish, you can also apply to traditional universities online.
2. Comfort
Taking a course the conventional way involves a lot of sitting, in the most uncomfortable chairs and suffering from back pain, as well as a headache at the end of the day due to cramming so much. While on the other hand, online courses don’t really bound you to a certain time and place, one is encouraged to take these courses at their own free will. This basically means that you get to spend only for the courses and the other extra expenses, including the transit, fuel and food charges get negated.
3. Resume Polishers
Online programs have the ability to look really good on your resumes, no matter, if you are a just a plain fresher or are well about in the professional sphere. As there are many traditional universities and esteemed institutes, like Imarticus Learning, that offer a number of courses online, you get the official acknowledgments, in-spite of the wide distance from them. Unlike popular belief, a number of hiring managers, do not look at online courses, as inferior to courses that are taken the old way. Obtaining online degrees and certifications from prestigious training institutes like us helps you in getting that coveted position.
4. You Get To Decide
Any commonplace, conventional course, usually involves a number of set guidelines for all the students taking them, which includes deadlines, time allotment for certain topics, assessments, test and so on. On the other hand, there are a number of online courses, which have the label ‘self-paced’ on them. This basically means that the student has the liberty to choose when they want to complete a certain module, or what time should they be studying a certain subject.


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Career Oriented Women

For All The Career Oriented Women Out There

A few decades ago, the only career a woman could probably be allowed to pursue, was to take home tuition or probably open a day care center. The world has become a lot more in favor of equality and there have been various changes, especially in the professional sphere, when it comes to promotion of women for high-profile jobs. The number of women setting out for a better career is steadily growing in the society, with more and more women trying to set and achieve personal goals and ambitions. The stereotypes that a woman cannot function the way a man can, or women have other priorities and give less important to their job, are being destroyed. There is a majority of women who treat their professional life with an equal amount of importance as their home and family. These women are usually very very talented and need to feel the steady momentum, in order to keep on going and achieving their goals.

While there still are a number of issues, in terms of the equal work, equal pay dynamic, that have been a little difficult for women to handle, but in general there are various ways in which, women today are able to manage their responsibilities at their workplaces, as well as outside of it. The bottom line here is that if you are committed to your and your work, it sometimes becomes a little difficult to do the waiting for someone to acknowledge your perseverance and thus let you advance in your career.

For those who cannot wait for their work to be recognized, here are few ways with the help of which ambitious women can move forward in their lives.

  1. Goals

Turning your career plans into a proper flow chart like a plan is the best thing you could do to motivate yourself. Make a flowchart of all the things you want to achieve in say, the next ten years. Write down what you want to be, where you want to be and how you plan to achieve that and you will be a terrific goal seeker very soon.

  1. Take Action

Now that you have a clear skeleton, as to what you want to do in your future, it’s time to take some action. Outlining all the possible steps that you need to take to reach all of them and how you choose to make use of the resources available to you; this will help you maximize the benefits of the resources at your disposal, as well as put things into a proper perspective.

  1. Be Proactive

Making long term goals is absolutely amazing, but it does not mean that you should clearly ignore your short-term goals. Go ahead and make a to-do list every single day and ensure that you stick to it. Drive the fear of deadlines out of your system, by giving deadlines to the most minimalistic of tasks, be focused and alert during your working hours. Make contacts, be positive in your dealings at the workplace, ensure that you have positive vibes around you.

While these happen to be small changes that you can make on a personal level, at the same time, you can also opt for some professional changes. Taking a professional course would be a great choice to improve future aspects for your career goals.


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Technology Buzzwords: Buzzword Watch

Technology Buzzwords: Buzzword Watch

There are many buzzwords out there from leading analysts – Gartner Hype Cycle is very popular. IDC, Forrester, Frost & Sullivan etc. make similar predictions. Similarly, CompTIA.org is an IT Industry trade body.
This is an informal look at interesting concepts that may be worth paying attention to in the year ahead.

 

Buzzwords:

Cryptocurrency: A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

Device Mesh: The device mesh refers to an expanding set of endpoints people use to access applications and information or interact with people, social communities, governments and businesses.

Containers: Open platforms to build, ship, componentize, & run distributed applications & move them across platforms and clouds with greater independence (e.g. Docker).

Quantified Self: A movement to incorporate technology into data acquisition on aspects of a person’s daily life in terms of inputs (e.g. food consumed), states (e.g. mood), and performance (mental and physical).

Haptics: Haptics is the science of applying touch (tactile) sensation and control to interaction with computer applications.

Per Gaze: A Google-Glass patent for an ad system that allows real-world ads to be translated into digital behaviors.

Internet Of Things: A proposed development of the Internet in which everyday objects have network connectivity, allowing them to send and receive data.

Sensorization: Sensorization is a buzzword to define the extent or the trend of embedding as many sensors as possible within a device or appliance.

Gamification: Applying game mechanics and game design techniques to engage and motivate people to achieve their goals.

Software-defined Networking: An approach to computer networking that allows network administrators to manage network services through abstraction of higher-level functionality.

Mobile Wallets: Mobile wallets use near-field communication (NFC) chips inside mobile smart phones and tablets to transmit payment information.

Machine Learning: Type of artificial intelligence (AI) that provides computers with the ability to learn without being explicitly programmed.

Wearable Technology: Category of technology devices that can be worn by a consumer and often include tracking information related to health and fitness.

Location-based Authentication: Goes beyond user-id, password & biometrics to prove an individual’s identity and authenticity based on location. Pre-authorizations, reduce CNP fraud.

Data Stewardship: Management and oversight of an organization’s data assets to help provide business users with high-quality data that is easily accessible in a consistent manner.

Flexible Display: A flexible display is an electronic visual display which is flexible in nature; differentiable from the more prevalent traditional flat screen displays used in most electronics devices.

Screenless Displays: Part of an emerging technology in the field of displays that are likely to be a game changer and would change the way displays are used. e.g. holograms (like Star wars), LCD panels, cockpit windows

Augmented Reality: A technology that superimposes a computer-generated image on a user’s view of the real world, thus providing a composite view. Augmented reality adds graphics, sounds, haptic feedback and smell to the natural world as it exists. Best example – Pokemon Go.

These are buzzwords that you will be seeing used in major Retail Banks across the world. Retail Banks have really developed over time as a dynamic workspace. Learn all about how Retail Banks function in our retail banking and wealth Management course.


Written by Alex Harrison.