HCL, Cognizant, HARMAN, TCS and EPAM make the Software Engineering Winner's Circle

| December 18, 2015

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While the benefits of the cloud and the pervasiveness of new digital technology impact our professional and personal lives - more than at any point in history - the need for the tech skills to make this all work has never been under so much intense pressure. - See more at: http://www.horsesforsources.com/software-product-engineering_121915#sthash.IEFQPRIK.dpuf

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FUTURE TECH

THE METAVERSE – IN IT BUT UNAWARE OF IT?

Article | September 22, 2021

Humanity is ready for the next technology step – an interactive virtual world, where everyone can hang out with games, adventures, shopping, and the best new virtual identities. A parallel universe, if you may! Take a look at the first promotional video of the first virtual world and avatars. Circa 1986. Enter – The Metaverse – the tech world’s latest obsession that traces its origins to a dystopic sci-fi novel. Sounds like science fiction? It is not. Through the years, the journey from Habitat to a fully functioning metaverse has come together piece by piece, supported by gaming, social media, and a vibrant digital economy. We are in the Metaverse now! The Metaverse is a shared, virtual space akin to a digital mirror of the natural world, without any constraints. In a recent earnings call, Mark Zuckerberg shared his vision to turn Facebook into a metaverse company, describing it as “an embodied internet, where instead of just viewing content — you are in it.” The Metaverse literally means ‘beyond universe’ since it combines a physical reality with a virtual space only limited by our imagination. If you google the term, you’ll find numerous definitions. It has been called the Mirror World, the AR Cloud, the Magic Verse, the Spatial Internet, or Live Maps. But, one thing is sure – it’s coming and it is a big deal. Like “cyberspace,” a term coined by fiction writer William Gibson, “metaverse” also has literary origins. The term first appeared in the novel “Snow Crash,” written by Neal Stephenson in 1992. It spoke of a new space where humans, as avatars interact with each other and software-generated entities, in a three-dimensional space that uses the natural world metaphor Twenty-six years later, “Ready Player One” provided a glimpse of our possible future in the year 2045, where the world is faced with multiple crises. To escape this reality, people go to an alternate virtual universe called the OASIS. It functions as a virtual society, with its currency, own set of rules, and all. The movie could be a prototype of a future Metaverse. The video game Second Life, released in 2003 by Linden Lab, created a virtual world where users could wander, building their structures; people bought land there for either U.S. dollars or Linden Dollars’ in-game currency. With some cooperation between technology companies and futurists, the Metaverse could be just around the corner. Companies like Facebook, NVIDIA, Huawei, Microsoft, and others seem very clear of their intent to create a metaverse (their Metaverse?). The target? Compounding the size of the addressable market manifold by fusing the digital economies of the physical world with the virtual. FB is investing billions of dollars in creating devices that would make this a reality, starting with a smart wristband and VR goggles that project the wearer’s eyes. FB’s acquisition of Oculus in 2014 seems to be a step towards “getting ready for the platforms of tomorrow.” Microsoft is equipped with enough AI and mixed reality tools in their Metaverse tech stack to be a worthy contender. Satya Nadella has already declared their intention to build an ‘enterprise metaverse” using digital twins, mixed reality, and what they call Metaverse apps. FYI – Microsoft already owns Minecraft, which has its own virtual ecosystem. Gaming companies like Epic Games have already released simulation software and VR services. Epic Games (Fortnite) has raised USD 1 billion for its metaverse plans; Roblox and computing giant, Nvidia, is also working in this direction. The idea isn’t new. People have toyed with the idea of living in a virtual world for ages. A lot of money has been spent (and lost) in virtual economies like Second Life and EVE Online. Brands and retailers are already trying to create new customer engagement channels in this new world. FinTechs are attempting to seize the opportunity to capitalize on unique financial needs in the virtual world, while a battery of startups is creating new virtual products entirely, from avatars to crypto-collectibles. But the question stays, is a metaverse possible? Is it real? What does it mean for the general population – both as individuals and businesses? Will there be one Metaverse to rule them all? No single company can or should own or run the Metaverse. However, it requires cooperation to create consistency. For example – assets that one acquires in the Metaverse will need to be portable, with digital rights preferably moving between platforms owned by different corporations. Silicon Valley is a great proponent of this new world. However, critics are more guarded – they believe the Metaverse could easily become a catch phrase – like “artificial intelligence” and “blockchain” – an attempt by start-ups to woo venture dollars. Whatever form the Metaverse ultimately takes, its wider adoption will require a revolution across technologies across infra, consumer-facing devices, platforms, content, and more. Till then, we have the Marvel parallel universes to revel in – the Multiverse where the God of Mischief reigns, lives, and perhaps dies!Enable GingerCannot connect to Ginger Check your internet connection or reload the browserDisable in this text fieldRephraseRephrase current sentenceLog in to edit with Ginger×

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Why Product Thinking Is the Next Evolution of DevOps: 5 Practical Steps to Getting Started

Article | September 22, 2021

In this article we will together answer some key questions around product thinking and share some thinking tools and actionable steps to help you consider when and how to apply Product Thinking in your organisation.

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AI: Finding the Fraud Needle in the Big Data Haystack

Article | September 22, 2021

With fraud losses accounting for about 3% of the nation’s overall health care spending each year, pharmacy benefit management firms would be wise to seize the opportunity to battle endemic fraud, waste, and abuse (FWA). The upside can be significant, according to the National Health Care Anti-Fraud Association, which estimates annual losses at $68 billion nationally. While the savings are potentially huge, identifying instances of FWA hiding in the massive data volumes generated by prescribing, dispensing, and covering medicines is no easy feat.

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What technology professionals and employers are looking for in 2020

Article | September 22, 2021

Technology professionals and the companies that employ them all have their own unique needs, goals, and challenges. Workers often face the question of whether they should stay with their current employer or explore opportunities elsewhere. And companies are often in need of skilled and qualified workers that they may not be able to find. Two new reports from LaSalle Network shed some light on what tech pros and employers both want in the year ahead.

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Spotlight

Agile Actors

We deliver software development & data engineering services to our clients by building, coaching & managing cross-functional teams of tech professionals which augment, extend and enhance our client's development skills, competencies and capacity. We differentiate through our unique approach of continuous development & improvement of our tech professionals’ skills & competencies.

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