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Is the Future of Blockchain Uncertain?

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  Blockchain has witnessed an exponential growth in its adoption and application, with blockchain’s worldwide market size slated to reach $67.4 billion till the year 2026 and a CAGR of about 68.4% between 2021 and 2026. From robust customer identification to transparency across various sectors, including healthcare, blockchain is bound to reshape multiple industries and sectors. Organizations are recognizing their ability to boost business with blockchain. According to PwC, blockchain could expand the U.S. economy by an estimated $407 billion till 2030.                     Though it was blockchain’s emphasis on risk-free transactions that brought attention to it, security also emerges as a primary concern now that organizations are beginning to understand the technology.   For instance, in March 2022, gaming-based Ronin Network suffered a financial setback of $600 million in USD and ether (ETH) when a hacker attacked Axie Infinity’s bridge chain. The primary cause of the cryptocurrency

Turbocharge Your DevOps with Serverless Computing

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    Serverless computing has a growing fan base. More and more independent software vendors (ISVs) and enterprises are adopting it. Why do you think that is? Could it be because it runs event-driven functions independent of managed hardware or software stacks, or is there more?   Serverless computing is a cloud-based functionality where the cloud provider responsibly manages the servers. This gives developers the freedom to invest their energy in building applications without fretting over managing a complex cloud infrastructure. All the mundane cloud computing tasks are taken care of by the cloud provider so that the developers can devote their skillsets to developing innovative solutions.   Serverless computing can aid in the acceleration of engineering processes at a lower cost and with less reliance on resources. Imagine the way it could fuel your DevOps! Right from streamlining processes to eliminating pipeline management tasks, DevOps teams can make great use of serverless arch

ML and Analytics in Proactive Cybersecurity: What to Expect

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  Business operation today are largely being carried out through hybrid or remote work models. Though this situation might change soon, it is hard to predict exactly when it will completely come to an end. As a result, the number and complexity of cyber-attacks are increasing. Some, like the Nvidia employee credentials leak, the cyberattack on the Costa Rican Government and the Bernalillo Country, New Mexico came into the limelight in 2022. According a 2022 IBM Report , the surveyed businesses lost $4.35 million per incident to data breaches. Ransomware has wreaked havoc on several enterprises and continues to be a potent business threat for many. Cybercrime might cost global enterprises $10.5 trillion annually by 2025. (Source: IDC) The cybersecurity landscape is constantly getting remolded to accommodate the new remote work model. Proactive Cybersecurity: Why It’s the First Step As enterprises try to scale their businesses for added agility, resilience, and collaboration, t

4 Strong Reasons Why Modern Engineering Teams Need Low Code

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4 Strong Reasons Why Modern Engineering Teams Need Low Code    Author:  Yogesh Sharma, (Principal Architect),  Xoriant Anticipating customers’ needs and being ready for new trends is essential for a rapidly changing market. A quick and effective solution is the need of the hour and engineering teams are inclined towards using one such solution, called Low-Code Development.   Several reports claim that over 60% of businesses across the globe utilize only 50% of their tech solution. In such a scenario, low-code development has emerged as the future of web development.    Gartner's reports suggest that more than 65% of application development will happen using the low-code development platform by the end of 2024.    Let us try to understand why modern engineering teams including software developers prefer using low-code development by talking about a few key features and its benefits.    Features of Low-Code Development   Out-of-the-box (OOTB) Functionality

Cybersecurity in the Post Pandemic Business Ecosystem

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Cybersecurity in Post Pandemic Ecosystem        When the pandemic first struck, every organization raced towards setting up a remote workplace model to ensure business continuity. This abrupt shift to a previously untested model quickly led to several security concerns. Digital tools and platforms proliferated, and as they did, the business ecosystem uncovered a tremendously bigger attack surface to cybersecurity incidents and vulnerabilities.        With a surge in cybersecurity incidents, organizations had to quickly take steps towards enabling robust and comprehensive cyber resilience across their business ecosystem. To future-proof your business, it is essential to establish the right security mindset and have the right controls to boost cybersecurity maturity.        Here are 8 best practices to embrace and build cyber resilience, strengthen the security posture of your organization, and ensure the highest level of enterprise security:  1. Enable Security by Design: Shift secur