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jcmarchi · 10 days ago

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Preparing today for tomorrow's AI regulations - AI News

New Post has been published on https://thedigitalinsider.com/preparing-today-for-tomorrows-ai-regulations-ai-news/

Preparing today for tomorrow's AI regulations - AI News

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AI is rapidly becoming ubiquitous across business systems and IT ecosystems, with adoption and development racing faster than anyone could have expected. Today it seems that everywhere we turn, software engineers are building custom models and integrating AI into their products, as business leaders incorporate AI-powered solutions in their working environments.

However, uncertainty about the best way to implement AI is stopping some companies from taking action. Boston Consulting Group’s latest Digital Acceleration Index (DAI), a global survey of 2,700 executives, revealed that only 28% say their organisation is fully prepared for new AI regulation.

Their uncertainty is exacerbated by AI regulations arriving thick and fast: the EU AI act is on the way; Argentina released a draft AI plan; Canada has the AI and Data Act; China has enacted a slew of AI regulations; and the G7 nations launched the “Hiroshima AI process.” Guidelines abound, with the OECD developing AI principles, the UN proposing a new UN AI advisory body, and the Biden administration releasing a blueprint for an AI Bill of Rights (although that could quickly change with the second Trump administration).

Legislation is also coming in individual US states, and is appearing in many industry frameworks. To date, 21 states have enacted laws to regulate AI use in some manner, including the Colourado AI Act, and clauses in California’s CCPA, plus a further 14 states have legislation awaiting approval.

Meanwhile, there are loud voices on both sides of the AI regulation debate. A new survey from SolarWinds shows 88% of IT professionals advocate for stronger regulation, and separate research reveals that 91% of British people want the government to do more to hold businesses accountable for their AI systems. On the other hand, the leaders of over 50 tech companies recently wrote an open letter calling for urgent reform of the EU’s heavy AI regulations, arguing that they stifle innovation.

It’s certainly a tricky period for business leaders and software developers, as regulators scramble to catch up with tech. Of course you want to take advantage of the benefits AI can provide, you can do so in a way that sets you up for compliance with whatever regulatory requirements are coming, and don’t handicap your AI use unnecessarily while your rivals speed ahead.

We don’t have a crystal ball, so we can’t predict the future. But we can share some best practices for setting up systems and procedures that will prepare the ground for AI regulatory compliance.

Map out AI usage in your wider ecosystem

You can’t manage your team’s AI use unless you know about it, but that alone can be a significant challenge. Shadow IT is already the scourge of cybersecurity teams: Employees sign up for SaaS tools without the knowledge of IT departments, leaving an unknown number of solutions and platforms with access to business data and/or systems.

Now security teams also have to grapple with shadow AI. Many apps, chatbots, and other tools incorporate AI, machine learning (ML), or natural language programming (NLP), without such solutions necessarily being obvious AI solutions. When employees log into these solutions without official approval, they bring AI into your systems without your knowledge.

As Opice Blum’s data privacy expert Henrique Fabretti Moraes explained, “Mapping the tools in use – or those intended for use – is crucial for understanding and fine-tuning acceptable use policies and potential mitigation measures to decrease the risks involved in their utilisation.”

Some regulations hold you responsible for AI use by vendors. To take full control of the situation, you need to map all the AI in your, and your partner organisations’ environments. In this regard, using a tool like Harmonic can be instrumental in detecting AI use across the supply chain.

Verify data governance

Data privacy and security are core concerns for all AI regulations, both those already in place and those on the brink of approval.

Your AI use already needs to comply with existing privacy laws like GDPR and CCPR, which require you to know what data your AI can access and what it does with the data, and for you to demonstrate guardrails to protect the data AI uses.

To ensure compliance, you need to put robust data governance rules into place in your organisation, managed by a defined team, and backed up by regular audits. Your policies should include due diligence to evaluate data security and sources of all your tools, including those that use AI, to identify areas of potential bias and privacy risk.

“It is incumbent on organisations to take proactive measures by enhancing data hygiene, enforcing robust AI ethics and assembling the right teams to lead these efforts,” said Rob Johnson, VP and Global Head of Solutions Engineering at SolarWinds. “This proactive stance not only helps with compliance with evolving regulations but also maximises the potential of AI.”

Establish continuous monitoring for your AI systems

Effective monitoring is crucial for managing any area of your business. When it comes to AI, as with other areas of cybersecurity, you need continuous monitoring to ensure that you know what your AI tools are doing, how they are behaving, and what data they are accessing. You also need to audit them regularly to keep on top of AI use in your organisation.

“The idea of using AI to monitor and regulate other AI systems is a crucial development in ensuring these systems are both effective and ethical,” said Cache Merrill, founder of software development company Zibtek. “Currently, techniques like machine learning models that predict other models’ behaviours (meta-models) are employed to monitor AI. The systems analyse patterns and outputs of operational AI to detect anomalies, biases or potential failures before they become critical.”

Cyber GRC automation platform Cypago allows you to run continuous monitoring and regulatory audit evidence collection in the background. The no-code automation allows you to set custom workflow capabilities without technical expertise, so alerts and mitigation actions are triggered instantly according to the controls and thresholds you set up.

Cypago can connect with your various digital platforms, synchronise with virtually any regulatory framework, and turn all relevant controls into automated workflows. Once your integrations and regulatory frameworks are set up, creating custom workflows on the platform is as simple as uploading a spreadsheet.

Use risk assessments as your guidelines

It’s vital to know which of your AI tools are high risk, medium risk, and low risk – for compliance with external regulations, for internal business risk management, and for improving software development workflows. High risk use cases will need more safeguards and evaluation before deployment.

“While AI risk management can be started at any point in the project development,” Ayesha Gulley, an AI policy expert from Holistic AI, said. “Implementing a risk management framework sooner than later can help enterprises increase trust and scale with confidence.”

When you know the risks posed by different AI solutions, you can choose the level of access you’ll grant them to data and critical business systems.

In terms of regulations, the EU AI Act already distinguishes between AI systems with different risk levels, and NIST recommends assessing AI tools based on trustworthiness, social impact, and how humans interact with the system.

Proactively set AI ethics governance

You don’t need to wait for AI regulations to set up ethical AI policies. Allocate responsibility for ethical AI considerations, put together teams, and draw up policies for ethical AI use that include cybersecurity, model validation, transparency, data privacy, and incident reporting.

Plenty of existing frameworks like NIST’s AI RMF and ISO/IEC 42001 recommend AI best practices that you can incorporate into your policies.

“Regulating AI is both necessary and inevitable to ensure ethical and responsible use. While this may introduce complexities, it need not hinder innovation,” said Arik Solomon, CEO and co-founder of Cypago. “By integrating compliance into their internal frameworks and developing policies and processes aligned with regulatory principles, companies in regulated industries can continue to grow and innovate effectively.”

Companies that can demonstrate a proactive approach to ethical AI will be better positioned for compliance. AI regulations aim to ensure transparency and data privacy, so if your goals align with these principles, you’ll be more likely to have policies in place that comply with future regulation. The FairNow platform can help with this process, with tools for managing AI governance, bias checks, and risk assessments in a single location.

Don’t let fear of AI regulation hold you back

AI regulations are still evolving and emerging, creating uncertainty for businesses and developers. But don’t let the fluid situation stop you from benefiting from AI. By proactively implementing policies, workflows, and tools that align with the principles of data privacy, transparency, and ethical use, you can prepare for AI regulations and take advantage of AI-powered possibilities.

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davidmurphy1432 · 25 days ago

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IT staffing services in Boston

VALiNTRY is a leading IT staffing services provider based in Boston, offering customized staffing solutions to businesses across various industries. With a deep understanding of the evolving technology landscape, VALiNTRY specializes in connecting companies with top-tier IT talent to help them achieve their goals and stay competitive in the digital age. Whether you're looking for full-time employees, contract staff, or project-based solutions, VALiNTRY’s team of experienced recruiters works closely with clients to understand their unique requirements. They specialize in a wide range of IT roles, including software development, network administration, cybersecurity, data analytics, and cloud computing. The company's commitment to excellence extends to both the talent they place and the businesses they serve. VALiNTRY ensures that candidates possess the right skills and expertise to make an immediate impact, while also focusing on long-term cultural and strategic alignment. With a strong local presence and national reach, VALiNTRY’s IT staffing services are tailored to address the specific challenges and demands of Boston’s dynamic tech market. Whether you need to augment your IT team or fill a critical skill gap, VALiNTRY is your trusted partner for driving innovation and success through exceptional IT talent.

For more info visit us https://valintry.com/it-staffing-agency-in-boston/

#IT staffing services in Boston

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datascraping001 · 25 days ago

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G2 Product Information Extraction

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allthebrazilianpolitics · 1 month ago

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Banks losing ground in payment methods

BCG advises banks to expand into areas adjacent to payments or develop new business models

A global study by the Boston Consulting Group (BCG) reveals that major banks are losing market share in the payment methods sector, with fintechs experiencing faster growth. According to BCG, to remain competitive, banks should expand their operations into areas adjacent to payments or develop new business models.

“Current models are not competitively sustainable, and banks cannot afford to lose more market share,” states the study. The document highlights that there are currently almost 6,500 active payment fintechs worldwide, which have already received $125 billion in investments over the past 25 years. “Reinventing payments requires significant investment in technology. Banks must update their infrastructure to stand out and scale effectively.”

The report notes that large banks generally have a vast database that could be utilized for cross-selling and to help companies better reach retail customers. Additionally, there is a significant opportunity in embedded finance, something already being done by technology-oriented companies. “Software platforms have gained significant customer adoption by incorporating payments into their offerings. Banks can do something similar by developing solutions for specific industry verticals and making them available on their own platforms as well as those managed by software providers.”

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riya2510 · 1 month ago

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Humanoid Robot Research – Growth Opportunities and Revenue Statistics by Forecast

Humanoid Robot Market Information

The Humanoid Robot Market Report provides essential insights for business strategists, offering a comprehensive overview of industry trends and growth projections. It includes detailed historical and future data on costs, revenues, supply, and demand, where applicable. The report features an in-depth analysis of the value chain and distributor networks.

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According to Straits Research, the global Humanoid Robot market size was valued at USD 1.68 Billion in 2022. It is projected to reach from USD XX Billion in 2023 to USD 14.5 Billion by 2031, growing at a CAGR of 47.2% during the forecast period (2023–2031).

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appu143 · 1 month ago

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Learning Robotic Engineering in USA

Robotic engineering has become one of the most fascinating areas as technology advances at a pace that was previously unthinkable, fusing creativity and problem-solving abilities to create the future. Students studying robotic engineering in the USA have access to modern facilities, creative research, and experiential learning opportunities that are unmatched. The USA offers an unusual setting for prospective robotics engineers, ranging from universities in the Midwest to the busy tech hubs on the coasts.

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douchebagbrainwaves · 2 months ago

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THE WATER WILL STILL HAVE TO PRETEND THAT'S WHAT THEY'RE DOING

At any given time, there are all kinds of excuses for delaying their launch. If you do this right, you may find that founders have moved on. A fundraising. Why do you use? Early Launching too slowly has probably killed a hundred times more startups than launching too fast, but haven't been doing it for a couple weeks, it will be more like your brother? Empirically, it's not that high a cost. There's no concept of office hours are clustered at the end of California Ave in Palo Alto.

But this custom is spreading too slowly, because VCs worry there will not be the actual statement of the author's main point seems to be to start with. A notation for code using trees of symbols. Founders would start to move there. One of the reasons kids give up drawing at ten or so is that they won't even fund them. Investors will try to invest at a lower valuation even when your price has already been set by a prior investment at a pre-money valuation is $1. What were we going to do really great things, this didn't happen intentionally. If you want to buy you, don't discard the idea. And what pressure it would put on the city if it worked. Startup is a pole rather than a pleasure. Culture is important in any organization, but at its strongest it is far stronger. In most fields the great work is done for you. Yahoo didn't care about GPAs.

In 1960, software development meant ten programmers writing code, product managers thinking about feature lists and ship dates, support people yes, there were actually support people telling users to restart their browsers, and so on balance I'm grateful rather than angry. They'll invest in you if you seem like you know what you're measuring. But it's not enough for a CEO to have someone smart he can ask about philosophy. Before you buy anything, ask yourself: will this be something I use constantly? But hacking is like writing. That sends two useful signals to investors: that you're doing well or badly designed; why should this be uniquely impossible for programming languages substantially. The Trouble with the Segway July 2009 The Segway hasn't delivered on its initial promise, to put it into words. Thanks to Sam Altman, Trevor Blackwell, Robert Morris, Eric Raymond, and several anonymous CS professors for reading drafts of this.

Things are different now, of course, is that if there were any language problems at Real Madrid, since the players were from about eight different reasons mixed together in the usual way startups take off is for the programmer. And, like anyone who gets better at their job, you'll probably be struck by how different it feels when your computer is disconnected from the Internet. There are two things that take attention: convincing investors, and acquirers forms a natural ecosystem. At Rehearsal Day, we have to teach business: 1 that people work harder on stuff they like, but it should be hard. The Anatomy of Determination September 2009 Like all investors, including all VCs I know, when it was IBM before them. But it should help. I don't know whether your overall uncertainty is mostly justified or mostly bogus. Perhaps it's not just that he'd be annoying, but because he spent all his time free for math. 4%, and FreeBSD 1.

You can either dig a hole that's broad but shallow, or one of them is much higher valuations. I was trying to answer was how many there were of them. A friend of mine travelled by train from Boston to Providence. If having less power prevents investors from overcontrolling startups, it turns out to be as cheap as possible, preferably in the first couple months of a startup's life, when you go from merely having an interest in starting a startup could grow big by being nice, but you shouldn't have a fixed amount of wealth in the world look like this? In fact, worse than arrogant: since readers are used to companies ignoring them. Faster Advances There's a good side to that, at this early stage, the product needs to evolve more than to be a good thing. That will require some diplomacy if you follow the trail through the pointy-haired boss has no idea how wide this band is, but how do you make good stuff? Let yourself be second guessed. You don't pitch stories to them. I don't expect to convince anyone over 25 to go out and discover startups when they're young, before VCs have puffed them up into something that costs about $200, and that one should judge talent at its best, and wisdom the judgement to know how to run the world? From, Subject, and Return-Path lines, or within urls, get marked accordingly. Many who respond to something disagree with it, you should try to stay as close friends as you can; rewrite it over and over in technology.

For example, when Leonardo painted the portrait of Ginevra de Benci, their attention is often immediately arrested by it, because a they do fewer deals, b they're happy to split them, and judged them less by what they tell you. Good design looks easy. But building new things takes too long. And this is not generally the way we work: a normal job in the same way Los Angeles specializes in movies, or New York, Cambridge, and in which performance is measured is by how they react to a challenge. Men's Wearhouse was at that moment running ads saying The Suit is Back. The most striking example I know of zero instances in which he did for programming something like what Euclid did for geometry. And since good people like to be able to solve part of the patent problem without waiting for the government knows, the way to take advantage of technological change instead of fighting it.

Thanks to Qasar Younis, Robert Morris, Sam Altman, Daniel Gackle, Max Roser, and Geoff Ralston for the lulz.

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craigawalt · 3 months ago

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This bank tested 90 uses for AI before choosing the top 2—and they benefit customer service and productivity

Citizens Financial Group has explored more than 90 different use cases for generative artificial intelligence. Only two have gone into production thus far.

“We really work to make sure we have the appropriate guardrails and security in place for our general use cases,” says Michael Ruttledge, chief information officer at Citizens Financial.

The Rhode Island–based bank says it has taken a thoughtful approach to generative AI, including the creation of a steering committee to ensure employees aren’t going rogue and developing their own projects. The two generative AI use cases that Citizens Financial says will go live this year include an enterprise search tool that helps customer service representatives answer questions and a GitHub Copilot, developed by Microsoft and OpenAI, to help improve the productivity of the company’s software engineers.

A vast majority of bank organizations are either in production or have gone live with generative AI use cases, often focused on client engagement, risk and compliance, information technology, and other support functions.

“Financial services is a technology-led business,” says Neil Pardasani, a managing director and senior partner at Boston Consulting Group. And while financial services starts ahead of many other sectors, he says the industry can also be “a bit more cautious in terms of really making sure you get it right and the use cases that go into the market always have got a human in the loop.”

Many early wins for the industry have been in adopting generative AI tools to assist customer service. “It is an easy place to make the business case work, because of the power of the tools,” says Pardasani.

At Citizens Financial, the new generative AI tool that’s helping customer representatives doesn’t directly reach clients, as the bank wants to continue to test the responses that are given and is still keeping an eye out for hallucinations, which are responses that an AI model can produce that are misleading or outright false. “We are going through those guardrails, but for now, we don’t feel that we’re ready to go out directly to a customer,” says Ruttledge.

With major players like Google and Amazon launching AI solutions, as well as thousands of startups, Citizens Financial says it took a safe bet by leveraging the company’s existing relationships with Microsoft and Amazon Web Services, the cloud providers the company works with as part of Citizens’ hybrid strategy that also includes Amazon Web Services. “We were able to build upon that as we already had a lot of the infrastructure installed,” says Ruttledge.

North America banks are leading in AI innovation, according to a recent report published by Evident Insights, which says JPMorgan Chase, Capital One, and Royal Bank of Canada are at the forefront of AI innovation. Banks on the continent were responsible for more than 80% of all AI research published by the sector last year, while Capital One and Bank of America dominated the AI patent landscape and were responsible for two-thirds of all patents filed in the 12-month period ending in June 2022.

“There’s a lot of scaffolding for us to build on,” says Prem Natarajan, chief scientist and head of enterprise data and AI at Capital One. “We are in a great position to build on that history. But let us be humble and recognize that this is now a new technology which, appropriately given its power, deserves its own respect in terms of first taking a test-and-learn approach.”

In March, Capital One announced a partnership with Columbia University and committed $3 million to invest in an AI innovation center that aimed to accelerate research, but do so responsibly. “This transformation is going to be so big and the benefits are going to be so large,” says Natarajan. “That’s okay. They’re going to be around for a while. So let’s take our time figuring this out and do it right.”

Natarajan says Capital One’s approach is to first understand the various use cases the company can explore with generative AI, then determine what data it can control that goes into the models. From there, Capital One figures out what it can construct to test and learn, as well as mitigate any unforeseen outcomes.

“We want very deliberately to do a human-in-the-loop kind of approach to start with, so that you’re never actually quite exposing things outside,” says Natarajan.

Visa recently unveiled three new AI-powered risk and fraud prevention tools meant for the payments company’s business customers. The company blocked $40 billion in fraud activity last year, nearly double from the year prior.

The new products are launching in the first half of 2024, Visa says, with tools including Visa Deep Authorization, which is a new risk-scoring solution aimed to better manage payments that are made when a physical card isn’t present.

“We’re applying deep AI learning models, and we’ve literally trained that model with millions and billions of transactions,” says Anthony Cahill, global head of value-added services at Visa. “We’ll give an informed view of a good payment or, actually, is it a payment that needs closer inspection?”

Last year, Visa announced a $100 million venture fund for generative AI startups, with chief product and strategy officer Jack Forestell saying that while much of generative AI “so far has been focused on tasks and content creation, this technology will soon not only reshape how we live and work, but it will also meaningfully change commerce in ways we need to understand.”

Mastercard also has invested deeply in fraud prevention, spending $7 billion on cybersecurity over the past five years, including the acquisition of new technologies and developing AI tools that make it easier to identify fraud. Mastercard has also invested in around 20 different startups to get a first look at emerging security tools that the company may want to use to support future readiness in combating fraud.

“Security pervades our business, from protecting the systems themselves to new capabilities that we’re bringing out for our customers,” says Ed McLaughlin, chief technology officer at Mastercard.

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getsethome-blog · 3 months ago

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List Of Top Companies In BKC: Mumbai You Should Know

Welcome to the Bandra Kurla Complex (BKC), Mumbai’s thriving hub of business, culture, and innovation. Located in the heart of India’s financial metropolis, BKC exemplifies Mumbai’s everlasting spirit of advancement and innovation. With its seamless combination of towering buildings, beautiful green areas, and bustling thoroughfares, BKC has developed as a dynamic hub for business, entertainment, and leisure.

Working professionals find BKC to be an attractive residential destination due to its proximity to major corporate offices, cutting-edge business facilities, and easy access to transportation hubs. The convenience of living near one’s workplace reduces commute time, allowing residents to strike a better work-life balance and enjoy more leisure time.

Whether you’re a seasoned professional navigating the corporate maze or an aspiring entrepreneur charting new territories, BKC beckons with its promise of growth, success, and endless possibilities. Here is a list of companies and organizations for each category operating in Bandra Kurla Complex:

Banking and Financial Services

ICICI Bank

State Bank of India

Bank of Baroda

IDFC Bank

Yes Bank

Axis Bank

HDFC Bank

UBS Securities India Private Limited

Standard Chartered Bank

HDFC Life Insurance Company Limited

Max Life Insurance Company Limited

Government Agencies

Securities and Exchange Board of India (SEBI)

Reserve Bank of India (RBI)

Employees’ Provident Fund Organisation (EPFO

FMC Corporation India Pvt. Ltd.

National Stock Exchange of India (NSE)

National Payments Corporation of India (NPCI)

Technology and IT Services

Facebook India

Google Mumbai

Amazon

Oracle India

IBM India Private Limited

TCS BKC, CMC House

Wipro GE Healthcare Pvt Ltd

Mahindra NBS International – Commercial Vehicle

Netflix Mumbai Office

Mercedes-Benz India

Telecommunications and Software

Reliance Jio Infocomm Limited

Tata Communications

Hexagon India Corporation Pvt Ltd

STT Global Data Centres India Private Limited

Bharti Airtel

Mak Infotech, Web Development & Custom Software – IT Company in BKC Mumbai, India

Hyperlink InfoSystem – Top App Development Company

SAP India Private Limited

Consulting and Professional Services

McKinsey & Company

Boston Consulting Group (BCG)

Bain & Company

Real Estate and Construction

Godrej BKC, Mumbai

K Raheja Corp

Vijay Builders & Constructions Pvt. Ltd.

TCG Urban Infrastructure Holdings Pvt. Ltd.

GMR Group

Oil and Energy

Reliance Industries Limited

Pacific Oil And Energy India

Tata Petrodyne Limited

Nayara Energy Limited

Oilmax Energy

Healthcare and Pharmaceuticals

Pfizer Limited

Abbott India Limited

Harman Finochem Ltd

Lupin Limited

Manufacturing

Gits Food Products Pvt Ltd

Inventys Research Company Pvt. Ltd.

Borosil Limited

Vinati Organics Limited (VOL)

Bharat Diamond Bourse

https://blog.getsethome.com/wp-content/uploads/2024/04/bdc7230d-0c2a-472c-b728-fb238b21973d.webp

The Bharat Diamond Bourse (BDB) is a leading diamond exchange located in Mumbai’s Bandra Kurla Complex. Established in 2010, it houses around 2,500 diamond traders, manufacturers, and exporters. Spanning over 20 acres, the infrastructure of the BDB is meticulously designed to provide a secure and conducive environment for diamond trading activities.

Moreover, the complex is equipped with advanced security systems to safeguard both the diamonds and the occupants. This dynamic platform facilitates both domestic and international diamond trade, connecting Indian diamond merchants with global counterparts. Overall, the Bharat Diamond Bourse is a crucial institution in the diamond industry, contributing to the growth and development of India’s gem and jewelry sector.

BKC (Bandra Kurla Complex)

Bandra Kurla Complex (BKC) isn’t just a thriving business district; it’s also an ideal place to call home in Mumbai. With its strategic location, modern infrastructure, and abundance of amenities, BKC offers a convenient and comfortable lifestyle for residents, whether they are students, working professionals, or individuals seeking a vibrant urban experience.

For students and young professionals seeking accommodation, BKC provides a plethora of options ranging from paying guest (PG) accommodations to upscale serviced apartments. These accommodations are not only conveniently located close to educational institutions and workplaces but also offer a range of amenities such as Wi-Fi, housekeeping services, and security, ensuring a comfortable living experience.

Moreover, BKC boasts a wide array of amenities to cater to the needs of its residents. From shopping malls and restaurants to recreational facilities and green spaces, everything is within reach in BKC. Residents can indulge in shopping, dining, and entertainment experiences without having to venture far from home. Some of the well known restaurants in BKC include Farmer’s Cafe, Grandmama’s Café, Hitchki, Pa Pa Ya, Dive, Bayroute, Butterfly High, Smoke House Deli, Taftoon, Illuminati, Amadeo by Oberoi, Theobroma, Bombay Salad Co., Yauatcha, Indigo Delicatessen, Suzette, Social, The Good Wife, Smoke House Deli and BKC Dive.

Additionally, BKC’s well-planned infrastructure and connectivity make it easy for residents to navigate the city. With its network of roads, public transportation options, and proximity to the airport and railway stations, getting around Mumbai from BKC is hassle-free.

In essence, Bandra Kurla Complex offers not just a place to live but a lifestyle that combines convenience, comfort, and connectivity. With its range of accommodations, amenities, and proximity to educational and employment opportunities, BKC is indeed the perfect place to live in Mumbai for those seeking a modern, vibrant, and convenient urban experience.

#companies #job #office #bkc #coworking space in bkc #business #technology #properties #flatsforsale #employees #employers #employment

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wds-tws · 3 months ago

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Web development services in Boston, Massachusetts

Website development in Boston, Massachusetts, has undergone a remarkable transformation, aligning with the city’s rapidly evolving digital landscape. As businesses increasingly recognize the importance of a robust online presence, the demand for web development services in Boston, Massachusetts has surged.

Leading companies in Boston now offer comprehensive solutions, ranging from custom website design to e-commerce platforms and digital marketing strategies.

One key aspect of these expert web development services in Boston, MA is their ability to create custom websites that are both visually appealing and highly functional. Skilled designers and developers employ the latest technologies and design trends to ensure websites are intuitive and engaging, significantly enhancing user experience and customer satisfaction.

With the rise of online shopping, robust e-commerce solutions are essential. Top website development services provide end-to-end e-commerce platforms, including secure payment gateways, shopping carts, and inventory management systems. These solutions streamline the online shopping experience, making it easy for customers to browse, purchase, and receive products.

Digital marketing is crucial in today’s competitive online environment. Leading website development companies in Boston offer strategies such as search engine optimization (SEO), pay-per-click (PPC) advertising, social media marketing, and content marketing. These strategies increase online visibility, attract more visitors, and convert them into loyal customers.

Website security and performance are also prioritized. Advanced security measures like SSL certificates, firewalls, and regular security audits protect sensitive data. Performance optimization techniques, including caching, image optimization, and content delivery networks (CDNs), ensure a fast and seamless browsing experience.

Ongoing maintenance and support are vital for keeping websites functional and up-to-date. Leading website development companies provide continuous support, including bug fixes, software updates, and performance monitoring. This proactive approach helps businesses avoid potential issues and ensures their websites meet evolving user needs.

In conclusion, expert web development services in Boston, MA are driving the city’s digital transformation. By offering custom website design, e-commerce development, digital marketing, and ongoing maintenance, these services enable businesses to establish a strong online presence and engage effectively with their audiences. As the digital landscape continues to evolve, these services will play a pivotal role in shaping the future of businesses in Boston and beyond.

#web design #web development #websitedesign #websitedevelopment

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jcmarchi · 4 months ago

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Josh Dinneen, CEO of Blue Mantis – Interview Series

New Post has been published on https://thedigitalinsider.com/josh-dinneen-ceo-of-blue-mantis-interview-series/

Josh Dinneen, CEO of Blue Mantis – Interview Series

Josh Dinneen, CEO of Blue Mantis, is a seasoned leader dedicated to driving the company’s organic and M&A-fueled growth and continuously fostering innovation throughout the organization and its growing client base.

Formerly President of Blue Mantis, Josh spearheads efforts to enhance the company’s ongoing initiatives aimed at deepening client engagement and sustainability by delivering the optimal experience that produces measurable and positive business outcomes. Josh’s mantra for success is simple but consistent: client sustainability fuels company growth, which in turn, drives continuous innovation.

Blue Mantis is a private-equity-backed national managed services provider focused on cloud, cybersecurity, AI and digital transformation.

Blue Mantis serves mid-market and enterprise organizations by helping them identify and implement enterprise software solutions from firms like AWS, Arctic Wolf, Acronis, Cisco, Dell, HPE, Microsoft, and many others. Major customers include Cole Haan, the Jacksonville Jaguars, Liberty Mutual, Woodforest National Bank, and Boston Medical Center.

Can you share the journey of Blue Mantis from its inception to becoming a leading managed services provider in cloud, cybersecurity, AI, and digital transformation?

Blue Mantis has a 30+ year history of delivering innovative and proven technology solutions to mid-market and enterprise clients. We’ve been an integral part of their digital transformation journeys and, as your question suggests, we have also been on our own modernization journey, one marked by a dramatic expansion in the type of solutions we offer and the manner in which we help clients achieve positive business outcomes.

We have transformed from our roots as a small, regional reseller of hardware and software products to a national and now an international provider of next-generation services in what we call three core business “pillars” – cybersecurity, cloud and managed services.

As we have scaled our organization, we have also successfully attracted several new blue-chip executives to expand our leadership team. In doing so, we have strengthened our technical acumen, broadened our services offerings, refined our sales execution, and sharpened our go-to market strategies. These key leaders include Chief Operating Officer (and former CISO and CIO) Jay Pasteris; Chief Services Officer Steven DeMaayer; Chief Revenue Officer Terry Richardson, and our Chief Marketing Officer, Sarah Foote.

As a provider of next-generation solutions, we have also expanded our consulting capabilities and we are increasingly serving as a strategic advisor for our clients, surveying the hyper-dynamic technology landscape and developing the blueprint to help clients harness these technologies to support their businesses and attain measurable and positive outcomes. We have also continuously broadened our portfolio of product bundles and services, which include cybersecurity and risk management, cloud, networking, data center modernization, modern workspace, carrier services, resource management and the ability to offer any of those solutions as managed services.

Formerly known as Green Pages until our new brand identity and name change were unveiled in July 2023, the name Blue Mantis signifies our role as a strategic advisor, one capable of leading our clients into the future. In fact, the word mantis literally means a “seer, a prophet and one who divines.” This really captures our mission and our ethos.

What are the key factors that contributed to Blue Mantis’ impressive growth rates in cybersecurity, cloud service practices, and managed services?

First, was our ability to remain keenly focused on the market opportunities we saw right in front of us. Second, was keeping our clients at the forefront of everything we do was critical. Third, we felt it was critical to undertake the transformation that has moved Blue Mantis from a gross profit, cost of goods sold model to a strategic services-led business aimed at driving business outcomes for clients. That dramatically changed the growth trajectory of Blue Mantis. To augment our organic growth, we also have made several acquisitions and added technical talent in these three key growth segments. These investments have paid strong dividends; we have achieved a five-year growth rate of 405 percent for cybersecurity, 119 percent for cloud service practices and 495 percent for managed service. We have also increased our headcount by 127 percent during that time.

Can you elaborate on the dual role of AI at Blue Mantis, both internally for operational efficiencies and externally for client services?

We have gone all-in on GenAI for both internal and external uses. To be successful in AI, data management takes on heightened importance. We are continuing to invest in our data enablement capabilities at our foundation. As a Microsoft partner, we had early access to Copilot and are at the forefront of Managed Services Providers harnessing the power of AI for enterprise customers. This point has been validated by customers, partners, and market observers in the IT channel.

For our clients, we began offering Managed AI Copilot Solutions in Q2 2024, a customized turnkey offering powered by Microsoft. We seamlessly and securely integrate AI into clients’ existing Microsoft Cloud environments with executive education, strategic planning, and managed services. Our GTM is based on an Assess, Modernize, Manage framework. Through our consultative approach, we have helped customers identify high-value use cases for GenAI, identify and remediate security issues associated with their data estate, and modernize data processing in support of GenAI use cases. Internally, we are leveraging AI across many functions within Blue Mantis. Whether it’s Microsoft Copilot or another AI technology, we are seeing significant productivity improvements as more use cases are identified and people become familiar with the technology.

What are some specific AI-driven initiatives or projects that have had a significant impact on your clients?

We are still in the initial stages of this technology wave and many clients are still formulating their strategy relating to applied GenAI for their business. The market is clearly in the education phase as clients are looking at “the art of the possible” as they look to take advantage of this emerging technology. The most significant impact we’ve seen is on two fronts. First, as clients begin to explore their data assets, this has revealed the expansive scope and magnitude of their data estate and caused them to revisit their data governance processes and expose new threat vectors for data leakage and data loss. Many clients have been surprised to find out just how much data they have and who has access to it. Second, when clients invest the time and effort to train their staff, time-to-productivity is greatly enhanced. Establishing command and trust of this new technology is critical to driving the type of impact that clients expect to see from their GenAI investments. Naysayers and detractors have been converted to champions and advocates when given the right baseline and this has had a significant impact with clients as they roll out GenAI solutions.

How does Blue Mantis stay ahead of emerging threats and manage risk for its clients?

We are a security-first firm, and we consider security to be the bedrock of everything we architect, build and support. As a provider of managed services, we are relied upon heavily by clients to be their eyes and ears and their first line of defense against their adversaries – whether insider or external threats. We stay ahead of these threats and help not only manage but reduce risk by offering a complete suite of cloud security, network and systems security and governance, risk and compliance solutions to meet all their needs. We put a high premium on security awareness training both internally and with clients to ensure we stay up to date on the latest vulnerabilities and attack methods. This involves threat intelligence feeds, security conferences, and industry best practice research. We also offer comprehensive security assessments to identify weaknesses in a client’s existing security posture. This helps them prioritize potential risks and implement solutions tailored to their environment, industry and budget. For many clients we provide managed security services and 24/7 monitoring through Managed Detection and Response (MDR) solutions through partners like Arctic Wolf, as well as guidance and implementation services to assist them on their Zero Trust journeys.

By combining these approaches, we provide clients with a comprehensive security strategy that adapts to the evolving threat landscape and increases their vigilance against cyberattacks.

Can you discuss any recent cybersecurity trends or challenges that mid-market and enterprise organizations should be aware of?

Whether we are talking about mid-market or enterprises, the organizations we are working with face many of the same challenges. At the top of the list is the need for better and more holistic data management and privacy assurance from a regulatory perspective. The new SEC mandate to disclose data breaches more quickly and transparently intensifies our client’s already complex environments.

Data resiliency is another major challenge for the midmarket. It is no longer good enough to be good enough. For the simple reason that again, regardless of size or vertical industry, our clients’ customer data is under continuous attack by an increasingly sophisticated universe of adversaries. Clients’ risk profiles are expanding, and defenses must become stronger, more vigilant and more sophisticated to ensure continuous protection.

Finally, despite the increased threats they face, many organizations are expected to “Do more with less.” This is where Blue Mantis has shined. We help clients who are grappling with these issues by delivering guidance and direction on how best to prioritize projects in the areas of cloud, cybersecurity and digital transformation. However, we have also expanded our capabilities and scale in the area of strategic resource management in cyber security as all as IT. We have expanded a comprehensive talent pool that allows Blue Mantis to seamlessly integrate resources into client teams, filling specific skill gaps and ensuring project success.

How does Blue Mantis guide clients through their cloud journey, and what are the key components of a successful cloud strategy?

Blue Mantis helps guide customers through their cloud journey with a pragmatic approach. We work closely with customers to understand the real drivers behind their cloud transformations and work together collaboratively to build a roadmap.

As with most transformation initiatives, moving to the cloud does not mean customers will have parity with their existing operations and this creates challenges within their firms. Whether it is a skillset gap, expertise needed, training, or capacity for work, we help our customers envision their future state and ensure they are supported in any way needed to be successful.

We have identified four primary insights about leveraging the cloud:

First, is alignment to the business. Any cloud transformation needs to have clearly defined objectives. Without a clear demarcation for ‘what good looks like’ and the business outcomes defined, it is easy to get lost in your cloud journey.

Second, is understanding workloads and assessing their fit-for-use in cloud. . We excel at framing the decision points for our customers and providing insights into what we’ve seen work and not work. It is very common for us to see a hybrid approach to cloud, especially for legacy applications. Many applications were not built for the cloud and they are not cloud ready. Deciding how much to invest in order to make them fit in a cloud environment can be very challenging (and potentially not worth the investment).

Third, prioritizing migration is critical. As with any transformation initiative, it is important to see some early wins. For business-critical applications and infrastructure, nothing will kill your cloud transformation faster than large, long running, projects that do not return some value back to the business. We seek to avoid this situation and work together with clients to find balance.

Finally, as clients migrate to the cloud they will need to put some type of governance process in place. This can be very challenging for any organization that is experimenting with new technology, while trying to run their business. Customers will need to manage their costs (as that’s something that can get out of control quickly, if you are not prepared), make sure the costs are effectively communicated to their business stakeholders, and ultimately optimize that spend over time. Following this blueprint and making some good choices has made many of our customers successful in their cloud journey.

What differentiates Blue Mantis’ managed services from other providers in the market?

Again, I would go back to the point made earlier about reinvention. What separates Blue Mantis from the many technology solution providers in the market is that many have failed to reinvent themselves. We have had a clear vision and a focused strategy that has been embraced by a terrific, talented and loyal base of employees who remain committed to the mission. We have not tried to grow too big too fast or to take on more than we could successfully manage. And that is a temptation, believe me. Our steadfast devotion to resilience and ability to adapt and change is massive based on the market we are in. I am extremely proud and appreciative of the talented people we have grown and retained here at Blue Mantis and the new leaders and team members we have successfully added. This has been huge in helping us grow, diversify and differentiate. They have embraced change, been flexible and continue to drive our clients into the future. Clients tell us repeatedly – “this makes you stand out.”

What are the latest trends in data center modernization, and how is Blue Mantis preparing its clients for future opportunities?

The data center industry is truly witnessing a transformative era marked by the incredibly rapid and broad adoption of Generative Artificial Intelligence (GenAI). This technology, which includes advanced models like GPT-4, is reshaping the landscape of data processing and management. We are working closely with CIOS, CISOs and even CEOs within our client base to help them fully understand the implications of this seismic shift. As important, we are preparing existing data center resources – whether those are on-prem, in a private or public cloud or consumed in a hybrid model. Blue Mantis partners with all the major data center hardware providers to ensure your modernization solution is future-proof and energy-efficient. We can also optimize for cost by integrating the services of our FinOps team, which has been proven to reduce our customers’ annual cloud costs by 30% or more.

Can you provide insights into how Blue Mantis approaches complex networking challenges for its clients?

We solve complex networking challenges for clients through several key strategies:

Blue Mantis partners with clients to understand their business goals and communication needs, ensuring that the network infrastructure supports these objectives effectively.

We offer customized solutions to meet the specific needs of each client, considering factors like their size, industry, and exact network requirements.

We apply advanced technologies including software-defined networking (SDN), network function virtualization (NFV), and advanced network monitoring tools.

Clients’ networking initiatives are supported through our team of highly skilled networking experts who have extensive experience in dealing with complex network environments. This team can diagnose and resolve intricate network issues efficiently.

We are not a point solutions provider; we offer comprehensive end-to-end services that address everything from network design and implementation to ongoing management and optimization.

We apply proactive monitoring and maintenance to every client engagement to continuously track network performance and identify potential issues before they become critical problems. We conduct regular maintenance and updates to ensure network reliability.

By combining best of breed and emergent technology, we ensure our customers are fully aware of the options they have. Combining a consultative approach, highly skilled specialists, and a portfolio of market leading partners we are able to deliver the right solution at the right time.

By combining these approaches, Blue Mantis effectively addresses the complex networking challenges faced by its clients, ensuring secure, efficient, and reliable network performance.

Thank you for the great interview, readers who wish to learn more should visit Blue Mantis.

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healthcaremarketanalysis · 5 months ago

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Urology Devices Market worth $48.6 billion by 2028

Urology Devices Market in terms of revenue was estimated to be worth $34.1 billion in 2023 and is poised to reach $48.6 billion by 2028, growing at a CAGR of 7.3% from 2023 to 2028.

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Browse in-depth TOC on "Urology Devices Market"

159 - Tables

44 - Figures

274 – Pages

North America is the largest regional market for urology devices market.

The market for urology devices has been divided into five key geographical regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2022, North America held the predominant portion of the urology devices market. This can be attributed to the region's advanced healthcare facilities and substantial healthcare investments, which are pivotal in fueling the requirement for urology devices. Moreover, the projected rise in urological procedures is anticipated to contribute to the expansion of the market. As the demand for urological procedures rises, so does the need for precise urological devices to ensure successful and safe procedures.

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Urology Devices Market Dynamics:

Drivers:

Rising incidence of urological diseases

Growing preference for minimally invasive procedures

Rising focus on R&D and product launches

Growing number of hospitals and surgical centers

Restraints:

High degree of consolidation among key players

Opportunities:

Growing Potential growth opportunities in emerging economies

Technological advancements

Challenge:

Increasing number of product recalls by key players

Shortage of skilled urologists

Key Market Players of Urology Devices Industry:

The major players operating in urology devices market are Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International, Inc. (US), Boston Scientific Corporation (US), Becton, Dickinson and Company (US), B. Braun Melsungen AG (Germany), Cardinal Health (US), Olympus Corporation (Japan), Intuitive Surgical (US), Coloplast A/S (Denmark), Stryker Corporation (US), Teleflex Incorporated (US), Convatec Group PLC (UK), Medtronic PLC (Ireland), Karl Storz (Germany), Cook Medical (US), Richard Wolf GmbH (Germany), CompactCath (US), Dornier MedTech (Germany), Nikkiso Co., Ltd. (Japan), Dialife SA (Switzerland), Erbe Vision (Germany), Well Lead Medical Co., Ltd. (China), ROCAMED (Germany), EndoMed Systems GmbH (Germany), Amniso International, Inc. (US), Medispec (US), Medical Technologies of Georgia (US), Vimex Sp. z o.o. (Poland), Balton Sp. z o.o. (Poland), Hunter Urology (UK), Ribbel International Ltd. (India).

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Urology Devices Market Recent Developments:

In August 2023, Fresenius Medical Care AG & Co. KGaA (Germany), announced FDA Clearance for the product Versi HD with GuideMe Software.

In December 2022, Boston Scientific Corporation (US) and Acotec Scientific Holdings Limited (China) announced today that Boston Scientific will make a partial offer to acquire a majority stake, up to a maximum of 65%, of shares of Acotec, a Chinese medical technology company that offers solutions designed for a variety of interventional procedures.

In May 2022, B. Braun SE (Germany) entered into a distribution agreement, and B. Braun surgery division Aesculap has strengthened its long-term partnership with True Digital Surgery, a Californian company that is an expert in robotically controlled 3D digital visualization.

In April 2022, Baxter International, Inc. (US) Announces U.S. FDA Clearance of ST Set used for renal replacement therapy (CRRT)

In April 2021, Becton, Dickinson and Company (US) announced an investment of USD 65 million for the construction of a state-of-the-art medical facility in Tucson, Arizona (US), which will serve as a final stage manufacturing and sterilization center to improve overall efficiency, customer service, and supply chain in the US.

Urology Devices Market - Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall urology devices market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities and challenges.

The report provides insights on the following pointers:

Analysis of key drivers (Rising incidence of urological diseases, growing preference for minimally invasive procedures, rising focus on R&D and product launches, growing number of hospitals and surgical centers), restraints (high degree of consolidation among key players), opportunities (potential growth opportunities in emerging economies, technological advancements) and challenges (increasing number of product recalls by key players, shortage of skilled urologists) influencing the growth of the urology devices market.

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the urology devices market.

Market Development: Comprehensive information about lucrative markets – the report analyses the urology devices market across varied regions.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the urology devices market

Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International, Inc. (US), Boston Scientific Corporation (US), Becton, Dickinson and Company (US), B. Braun Melsungen AG (Germany), among others in the urology devices market strategies.

#Global Urology Devices Market #Urology Devices Industry #Urology Devices Market Size #Urology Devices Market Growth #Urology Devices Market Outlook

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datascraping001 · 2 months ago

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G2 Product Information Extraction