The use of digitally connected devices and applications is increasing rapidly in every aspect of our lives. All the appliances are turning intelligent and advanced to harness the benefits of being connected to the internet. Everything is surrounded by the Internet of Things, from the roof of buildings and skyline to your streets. 

Moreover, walk down the roads of manufacturing plants, hospitals, malls, or an electronic store, you will be overwhelmed by the ubiquity of the connected IoT devices. As digital communication and appliances are growing, IoT has become the world of opportunities for hackers. Billions of interconnected devices share and transfer data by creating a massive background for exploiting, crafting, and tinkering these systems with their limits.

Let’s have a detailed look on the importance of IoT security. 

Importance of IoT security

The Internet of Things security is a concern as it’s on the verge of an explosion with IoT related products and services. As we know, IoT has started disrupting consumers, enterprises, and governments; it is paving the way for an analytical evolution. 

As predicted, the Internet of Things will expand widely and may benefit approximately $2 trillion economically. That is more than any other device. But here the question is, can the companies having IoT devices secure all the objects from threats.     

While IoT offers many opportunities, it will also possess significant risks in terms of security. When more and more devices get inter-connected, securing all at once becomes a considerable challenge. Companies and manufacturers need to ensure hardware, software, and connectivity to work effectively with IoT services. 

Without Internet of Things security, hackers can hack all the devices and equipment quickly. Once the system or the information get hacked, they can replace it or steal the user’s digital data. Industrialists should also take specific steps to secure their IoT without neglecting it. 

Now, let’s see the various steps to secure the Internet of Things.

How to secure IoT?

The first and foremost thing one can do is go for security by design. It is an approach to software and hardware development that helps build security initially and not after the system gets hacked. Since the IoT is connected to the internet, they are vulnerable to remote hacking. 

Mainly, three steps are taken to enhance the security and consumer privacy of the companies, thereby building trust in the IoT devices. 

• Security by Design

Every company comprising of the Internet of Things should start with security by design. Most tech companies, firms, and startups should incorporate security into the initial design process. It adequately safeguards the safety of the consumer’s data and prevents hackers from entering the site. 

Each device should have individual and unique identities to manage its Internet of Things device well. All the other measures of IoT like firmware, sign code, and workload compliance should be built upon the top of the identity layer.  

• Go for Data Minimization

There are specific approaches that IoT manufacturer needs to employ. To avoid security breaches, protect devices from being accessed by anyone through the internet with the help of data minimization. 

• Increase transparency

All IoT manufacturers should provide notice to their consumers regarding the usage and sharing of the data. Then they must offer various tools that will allow the customers to make changes with a specific type of information collection and sharing. Manufacturers should also inform about their security to avoid risky behaviours while using their IoT devices. 

Hence, these were the reasons for the importance of IoT security and what should the government, manufacturers, and companies do to save them. 

Data analytics are crucial for the success and growth of every business, regardless of size. Kerala Data Analytics technologies are widely utilized in commercial businesses to help firms make better business choices and by scientists and researchers to validate or refute scientific models, ideas, and hypotheses.

With the immense rise in the demand for data analytics, the government of Kerala has started an initiative of the government for data analytics development. A Data Analytics Programme has been started by the Indian Institute of Information Technology and Management, Kerala.  

Four Types of Data Analytics

Descriptive Analysis

Descriptive data analysis is the initial form of data analysis. It is at the heart of all data insight. It is the most basic and widespread application of data in business today. The descriptive analysis examines previous data, which is displayed in the form of dashboards.

Diagnostic Analysis

The diagnostic analysis delves further into the descriptive analytics findings to determine the root causes of those results. This form of analytics is used by businesses because it builds more connections between data and finds patterns of activity. Creating comprehensive information is an important component of diagnostic analysis.

Predictive Analysis

Predictive analysis is the next level to descriptive and diagnostic analysis. Predictive analysis uses previously summarised data to generate reasonable predictions about the occurrences. This research is based on statistical modelling, which necessitates more technology and personnel in order to predict.

Prescriptive analysis

The prescriptive analysis is the main feature of data analysis, integrating the knowledge gained from previous analysis to decide the best course of action to follow in a current problem or choice. The prescriptive analysis makes use of cutting-edge technology and data methods. It is a significant organizational commitment and businesses must ensure that they are prepared and willing to put out the necessary time and resources.

Each form of Data Analysis is linked and, to some extent, depends on the others. They each serve a unique role and give different insights.

Blockchain is a system that records information in a way that is impossible to change, hack, or cheat. It is a new set of network infrastructure that organizes the knowledge and value around the internet by introducing verifiability, auditability, and trust. 

As per today’s technology, Blockchain can alter all businesses and economics. It is one of the most demanded technology in the market that generates interest from businesses, startups, and the media. 

Thus, to increase more opportunities, the government of Kerala launches the Blockchain Kerala startup program. It is an initiative of the government under the Indian Institute of Information Technology and Management.

Top Indian startups in the field of Blockchain Technology

• InstaDapp

InstaDapp is known as one of the most decentralized finance platforms based in Hyderabad, India. It felicitates app creation and promotes interoperability between multiple blockchain protocols. This will allow the developers to exploit the technology’s protocols and to start leveraging its potential.   

The company has raised $2.4 million during the funding seed round by Pantera Capita, Naval Ravikant, and Coinbase Ventures.  

• Signzy

Signzy is a blockchain technology startup company founded in 2015 and headquartered in Bangalore. It was launched to merge AI and Blockchain to create user-friendly, compliant, and safe products. The major products of the Signzy are RealKYC, Digital Contracts, and ARI. 

Signzy has been one of the finest blockchain startups since 2015. It received over $3.6 million in Series A funding from Stellaris and Kalaari in 2018. 

• Matic Network

Matic Network is a Bengaluru-based firm, launched with a public token sale in 2019. This company achieved sales by utilizing side chains for off-chain processing, plasma framework, and a decentralized network of proof-of-stake (PoS) to ensure asset security. 

However, through its launch, the company has raised $560,000. The single Matic sidechain process up to 65k transactions per second. 

• CoinDCX

CoinDCX was launched in 2018 in Mumbai by Neeraj Khandelwal and Sumit Gupta. This CoinDCX blockchain technology startup provides single-point access to a diverse suite of crypto-based financial products and services backed by security processes and insurance. 

The company is leading global crypto exchanges with its proprietary aggregation models offering the highest liquidity. The best thing is, the users can buy and sell more than 100 coins with INR instantly. The other product of this platform is Lend, a credit facility that helps the user to earn interest in cryptocurrencies. 

• KoineArth

KoineArth is a startup company started by Praphul Chandra, a professor at Insofe institute, in 2017. The main objective is to work at the crossing of the blockchains, AI, and Mechanism Design. To analyze Blockchain-enabled interactions, KoineArth provides a data pipeline and machine learning algorithms. 

The Nash platform of KoineArth presents solution frameworks customized to produce a broad assortment of real-world Blockchain by using a configurable state machine for digital assets.   

The journey of India towards digital payment can be described in just two words, and that is ‘demonetization’ and ‘COVID-19’. Demonetization established the idea of digital payments, and this pandemic became the main reason to build up the digital payment ecosystem. 

In this pandemic, many cities have adopted e-payment. Talking about Kerala digital payment, citizens went on an intensive 15-days campaign to promote this economic mode among merchants and the general public. 

Challenges to Digital Payments Industry 

According to the survey, over 60% of Indians use mobile and are usual to online banking for financial transactions. Most of them want to continue using digital payments even in the post-COVID-19 era. 

However, 4 out of 5 payments are still usual to cash mode, as there are several internet access issues and penetration. In this way, the significant dependency on cash is due to a lack of adequate infrastructure. 

There are 800 million mobile phone subscribers in India, but only 200 million have smartphones. And in these 200 million, only 6 million have NFC-enabled devices for cashless transactions. Henceforth, there are 85% of Indians lacking access to cashless infrastructure. 

Another pitfall is that several consumers are still not confident about mobile wallets being a safe mode of payment. Hence, the lack of awareness about the benefits of cashless payment is still changing in the industry. The underlying cybersecurity risks discourage people from making cashless transactions such as security breaches. 

Hence, the continuity of the cashless payment is not maintained due to a lack of awareness. The government and private companies are consistently pushing citizens for a cashless economy. 

Future of Digital Payments Ecosystem 

This pandemic can be described as a catalyst in the growth of digital payment in India. There’s a dramatic increase in different payment channels. Despite the underlying security concerns, elements such as debit/credit cards, UPI, etc., have been hugely recognized in India. 

Some of the projects that will gain traction and contribute to future innovation are listed below.

• Payment Infrastructure Development Fund (PIDF)

This method will be used to strengthen the digital payments acceptance infrastructure. With an initial investment of INR 345 crore, the fund was established. It will focus on tier 3-6 cities and northeastern states. This innovation will encourage rural areas in India where awareness, connectivity, cost, and other factors pose a challenge for the digital payment option. 

• Cross-border remittances

RBI is planning to establish an innovation hub to explore technology and initiatives that can be used to simplify as well as recast the cross-border payment space. This will also make such payments more accessible and affordable. 

• Pan-India umbrella entities

The RBI has developed a framework that focuses on the retail payment system. This method would primarily be responsible for setting up, managing, and operating new payment systems in retail space, including white-label PoS, ATMs, and Aadhaar-based payment services. 

Final verdict  

The wave of digital payment is not going anywhere. Online payments are going to grow exponentially with financial literacy and financial accessibility on everyone’s mind. Undoubtedly, cash is king, but digital payment is divine in today’s tech era. 

With the digitization of the workplace, IT has become the backbone of modern-day business. There’s no more prolonged need for physical proximity to your IT system, as IT has become the tool that now facilitates remote working. 

In today’s tech era, it is essential to have expertise in technology sectors. To sharpen the opportunity, the government of Kerala has started an initiative named Kerala IT Infrastructure management studies that are managed by the Indian Institute of Information Technology and Management.  

What does IT infrastructure cover? 

When it comes to IT infrastructure, it is everything that is required to host the IT system. 

• IT infrastructure management streamlines the data retrieval and reports to increase the business value. Thereby, it extends a proactive approach to technology and adapts to enhance user’s experience. 
• It includes data storage, retrieval, physical hardware, software, network system, and legacy interfaces to achieve the business goals of an enterprise. 
• The main aim is to minimize downtime and maintain business productivity. 
• The providers of IT infrastructure management are usually behind the scenes. The team has to be responsible for real-time monitoring issues and solving those issues immediately to continue the workflow.

What is remote infrastructure management? 

Due to this pandemic, there is an increasing demand for a remote workforce, offsite data centers, and cloud technology. Remote Infrastructure Management (RIM) plays a crucial role in centralizing the monitors and management of these specific components that lead enterprises to succeed. 

What are managed infrastructure services? 

The umbrella of managed infrastructure services consists of: 

• Datacenter colocation 

Datacenter colocation (Colo) is a rent space for servers and other computing hardware rented by specific organizations. 

• Cloud and virtualization 

Cloud and virtualization use specific mechanisms to combine the available resources in a network by splitting up the available bandwidth into different channels. Each of them is separated and distinguished. 

• Cybersecurity solutions 

Cybersecurity is an essential element to protect the company’s data against unauthorized uses of electronic data. To achieve this security and protect data against common cyber threats, cybersecurity solution steps in. 

• 24/7 monitoring 

IT department has to work full-time to manage new applications, data centers, and also respond to help desk requests. This service allows the organization to plan upgrades and to track the process that needs to be optimized. 

• Remote support 

Remote support is nothing but a device that IT technicians use to control and access their customers’ devices remotely. 

• Network and connectivity 

Network and connectivity are processes that connect different parts of the network through access points (APs). 

Why choose IT Infrastructure management? 

Following are points that describes why should you choose IT infrastructure management: 

• Bright career opportunities 

In today’s tech era, there’s a massive demand for IT professionals. Making a career in the field would open up the doors to higher job opportunities. 

• Versatility 

There is an increasing demand for these services not just in India but also in other countries. One can build their career in project management, contract management, project consultancy management, and project finance management. 

• Job stability and security 

IT infrastructure industry is a continuously growing sector, and its demand would keep on increasing. Hence, there’s no need to bother about job stability and security. 

Final verdict

IT infrastructure is the backbone of today’s tech era. No matter a business is small or big, its key benefits lie in using a managed IT infrastructure.  

Businesses are grappling with enhancing customer satisfaction, and it has emerged as one of the most critical areas of focus for any company. As a result, improving customer experience should be the top priority if you want to make your business shine.

Enhancing customer service across all aspects of the company is among the first tasks you can do to build a good customer experience plan. Customers expect a good experience from businesses and not simply a financial connection. 

To differentiate your company from its market competition, you should provide an outstanding client experience. Implementing the Kerala customer experience tips that several organizations in Kerala have implemented will help boost your revenue.

• Boost client loyalty

Getting a new client is more expensive than maintaining the original one. As a result, providing a positive experience for your existing consumers is very important. It assures that they will continue to do business with you in the upcoming years. 

Give consumers an incentive to tell their companions about your business by giving them discounts or free presents per each new client they bring in. To make them feel unique, you might give them early access to freshly announced products.

• Reply to Customer feedback 

Customers will initially communicate with your service employees. They create a permanent image of your company or corporation. 

You can give a better customer experience if the corporation can understand how your consumers feel about your brand. The process for enhancing customer experience should include gathering, evaluating, and applying feedback.

One should not respond to the customer’s query very lately. Giving a response to the feedback in the proper time will increase the customer’s relationship with the organization. 

When you provide feedback, you demonstrate that their thoughts are important, which makes them loyal to your company. The client’s feedback can be used to evaluate customer satisfaction and give possibilities for growth in marketing.

• Establish a sentimental relationship with your customers

The most satisfied customers arise when an employee establishes an emotional bond with a client. Consumers remain loyal because they have been emotionally linked to a product and service and appreciate how they feel after using it. 

A company that optimizes for emotional connection beats competitors in terms of revenue turnover by 90 per cent. Improving customer satisfaction is one of the most critical aspects for making the business grow. 

• Giving the best customer service

Consumer service should be focused on the customer, not the organization. You must review every time how your consumer interacts with your organization to improve the customer experiences.

Product quality rises with good customer service.  Actual service is one of the most excellent methods to implement an effective customer engagement strategy. The company’s sales increases when the customer gets a good service.

• Use an excellent framework to help your team grow

A quality framework goes beyond assessing phone and email communication quality by planning and measuring your team’s progress through counselling, education, and group training. 

Improving your call centre’s performance is critical for gaining a competitive advantage in the scope of customer experience. Look at the overall organization statistics and performance metrics by separating your consumers using data analysis.

Final Words

Being active and strategizing about how to improve your client experience is the first step. Your product or service may be the ideal match for a consumer, yet they may miss out owing to severe problems in their experience.

Take these points and use them in your marketing plan to keep your consumers pleased and returning for much more.

Freelancing is a fantastic way to make money online without investing in any currency. Numerous online jobs in India don’t require any investment and allow you to enrol as a freelancing worker.

Money should not be a problem when you have an idea for starting up a business. There are a lot of startups that one can start without investing any money. 

An individual’s gains from a startup company are numerous. It is satisfying on many levels, including freedom, financial benefits, learning possibilities, lifestyle adjustments, and aesthetic pleasure.

The Kerala state of India has started a Kerala startup ideas business that helps create a small business with little or no investment.

Beginning with little or no money and without being overly pushy with your enterprise is always an innovative approach. If you’re looking for non-investment ideas for your business, here are a few suggestions:

• Start Content Writing or Blogging

This work requires no investment. It is based on your imagination of making beautiful and informative content by using proper words. If you have more knowledge, then it will be very easy for you.

There are several elements to blogging. Along with a team of authors you have the chance to take on significant projects for which you will be paid as the writer.   

• Dropshipping

In this work, you only need to take products from the seller and take care of the packaging and delivery. It is the simplest way to start your own business. 

You don’t have to get a warehouse for storing the product. With dropshipping, you can easily do your work from anywhere you want.

• Data Entry Services

Many companies assign their data to freelancers and data entry firms to help them in their work, and this service is in high demand. So, a data processing business is a tiny business that you can start with no money needed for investment.

Moreover, no particular expertise is necessary to begin this startup. It is essential to have a basic understanding of computers and a fast writing ability. You may start by doing it yourself, and then employ it as you grow.

• Consider being a reseller

Reselling is usually an excellent method to start a great business. You don’t have to spend any money buying the product, and you don’t have to produce or manufacture any goods. 

As a reseller, you act as a middleman negotiating lower prices for goods and selling at a little more cost and making money through it.

• Coaching Classes

Coaching classes are a great way you may start to make money. If your thoughts are clear and you believe you can teach well, you may begin coaching classes. 

You need basic knowledge about a subject that you will teach. The initial investment is nearly nothing, and you may begin educating students from your own home and expand afterwards.

• Real Estate Broker

Real estate is growing like it’s never been before. Whether a student or a working professional in a multinational corporation, everyone will need to rent or buy a home. 

Many people are also interested in investing in plots and real estate since the real estate industry has many potentials and is a viable business possibility that does not require massive investment.

Final Words

Many startup ideas are available with which one can start their business without any investment and can even scale up pretty well. By creating your own business or work, you can become independent and financially free.

IT infrastructure management service (IMS) is the active administration and application of resources, technology, and data. Its scope comprises everything from the web browser to software development, processing, data security, and cloud-based applications.

IMS Kerala service is an organization that helps customers in administration. The IMS group is in-charge of IT infrastructure development and maintenance. A company’s network environment comprises of all the physical frameworks and elements required to keep its operations running.

An IMS establishes defined limits for the management of your company’s overall success. The main objective of IMS is to keep the business running as productive and smooth as possible by minimizing cost and time.

Merits of implementing IMS 

An efficient supply chain gives you a clear and consistent picture of your whole company, how they interact, and the dangers they pose. It reduces waste, increases efficiency, and it becomes simple to execute new methods in the future.

Aside from simplifying decision-making, lowering costs, and increasing monitoring, an IMS can benefit the following:

• Respond quickly to any IT-related emergency.
• Control technology and infrastructure in a proactive manner.
• Evaluate service quality by identifying when it falls short of the necessary quality.
• Recognize and react appropriately to your network threat as soon as possible to minimize their impact.
• Distant monitoring technologies are used to analyze systems and software quickly and begin identity procedures that reduce disruption.
• Programs for document management.

IMS Divided Into Three Types

The principle of IT infrastructure management is based on a thorough overview of the many elements of IT infrastructure and the essential duties connected with each component’s administration. IT infrastructure is classified into three types. They are explained below:

• System Management 

System management covers a wide range of activities. It handles the primary IT department cells and involves managing all IT infrastructure present in a data center. 

The daily operations are handled by the Chief Information Officer (CIO), responsible for coordinating the implementation of multiple programs into the company’s cloud system and monitoring the operational processes of the network infrastructure. 

• Network Management 

The field of security network administration is known as network management. Company’s whole network management system is managed by IT security.

Network security specialists monitor and set up networks to ensure that resources are distributed appropriately to software and systems where they are required to sustain the customer experience and stability.

To monitor the organization’s overall security and prevent unauthorized user access, IT administrators must have a high-level of transparency into the network.

• Storage Management  

For IT and marketing corporations, data storage space is a valuable and essential resource. As a result, data storage technologies and resources, such as virtualization, storage provision, storage encoding, and data security, are necessary for IT infrastructure management.

Final Words

IMS helps to grow your business by getting rid of inefficiency and establishing uniformity throughout the company. It helps in protecting your data from getting hacked and manages the data by properly storing it.

A hybrid workplace model is a kind of work environment that helps employees decide upon the type of work they can do. A basic hybrid work model gives freedom to choose how to do your job, whether from home or office.

Those companies who adopt to Hybrid workspace for their organization have more than one office. Only some workers attend for remote work, and the rest of them work from home.

Implementing a hybrid workspace in your company is not an easy task for a business organization. It is like rebuilding your structure and making sure it is appropriately utilized and give fruit full results. 

Before implementing a hybrid workplace directly in your organization, one should always learn from the other organization which has moved to a hybrid workplace. This is where one can learn from their mistakes and the progress that they have made. 

Kerala people have implemented the Kerala hybrid workplace model into their organization which has helped them in growing their business. If you are interested, then you can follow the below points for growing your business.

• Inquire about what staff members desire

Don’t assume that all coworkers want to have the same thing. Because everyone’s goals are different. Creating a successful hybrid workplace requires input from employees across the board.

One should ask their workers if something will change in the organization’s system and collect feedback from them. 

Making oneself available to hear their concerns and ideas, and being honest with them about the kind of workplace improvements you will make is really important.

Pay attention to the responses from your team by conducting a survey. Get yourself out there to discuss their complaints and suggestions by being truthful with them about the types of improvements you can make to the business.

• Provide a variety of alternatives, but not too many

Give more options to your employees when working. They can either work from home, or they can come directly to the office and work, or the third option is that they can do delivery of goods. 

Give workers a choice to work at your corporation: one where they spend most of their time in the office. Allow individuals to alter their minds, but attempt to persuade them not to do it too regularly.

With this method, you could set goals and know where the entire team will be at a particular time. This allows users to manage resources easily.

• Create remote job postings

How you acquire new staff will be the greatest challenge of a hybrid organization. Create job advertisements as location-independent as possible.

Develop a new interview and recruiting process that helps individuals regardless of how far they are from the office and provides them with the tools and chances they need to get to and from meetings and events. It keeps employees engaged regardless of wherever they work. 

  

Final Words

A hybrid workspace improves your organization and helps you to grow and dominate in the business sector. Adopting a hybrid workspace to an organization is the new key for growing its organization.