What is the scope of IoT?
Internet of
Things can connect devices embedded in various systems to the
internet. When devices/objects can represent themselves
digitally, they can be controlled from anywhere. The connectivity
then helps us capture more data from more places, ensuring more
ways of increasing efficiency and improving safety and IoT
security. IoT is a transformational force that can help companies
improve performance through IoT analytics and IoT Security to
deliver better results. Businesses in the utilities, oil & gas,
insurance, manufacturing, transportation, infrastructure and
retail sectors can reap the benefits of IoT by making more
informed decisions, aided by the torrent of interactional and
transactional data at their disposal
How can IoT help?
IoT platforms can
help organizations reduce cost through improved process
efficiency, asset utilization and productivity. With improved
tracking of devices/objects using sensors and connectivity, they
can benefit from real-time insights and analytics, which would
help them make smarter decisions. The growth and convergence of
data, processes and things on the internet would make such
connections more relevant and important, creating more
opportunities for people, businesses and industries.
Core Banking Transformation refers to the replacement, upgrade bank’s core banking system. Our framework provides a structured process from initial idea, through business case development to securing the full commitment of business and IT. We help bank during complete life cycle. Create transformation strategy, define requirement, proof of concept, gap analysis, vendor selection, requirement specification, define project plans with critical milestones, execute project and maintain system post production.
Our Infrastructure Maintenance framework provides uniquely qualified and skilled team of professionals with deep experience designing and tuning production system Infrastructure for optimal performance and high availability. Core Banking Support framework provides uniquely qualified and skilled team of professionals with deep experience running Core Banking System in production, at scale on the most demanding SLAs…
• New business requirement and changes demand frequent application changes. These changes should be developed and released faster in production system to meet business demand. • Application connectivity across many touch points demands Webservice layer for platform independent integration and service reusability. • System integration requires business domain and technical knowledge to integrate system seamlessly and efficiently. • Application architecture should be scalable and robust. • Application development/customization should be cost effective.
• Big data is a popular term used to describe structured and unstructured data sets so large or complex that traditional data processing applications are inadequate. • Big data is important to business for more accurate analysis. • More accurate analyses may lead to more confident decision making. And better decisions can mean greater operational efficiencies, cost reductions and reduced risk.
The quantity of data generation. Many factors contribute to the increase in data volume. Historical transactional data stored for many years. Unstructured huge data feed from server logs, alerts, social media.
The speed at which the data is generated and processed to meet the demands and the challenges. Alerts from transactions, capturing user and customer activities at system can generate data at lightning speed. Reacting quickly enough to deal with data velocity is a challenge for most organizations.
The type of data content. Data today comes in all types of formats. Structured data from traditional databases. Unstructured data from text documents, email, video, audio, server logs, alerts etc. Managing, merging and governing different varieties of data is tedious and complex job.
PT Midas Daya Teknologi work together with bank to successfully implement Big Data initiatives.
1. Seamless 360 Degree View of Customer
2. Portfolio
Analytics
3. Deliver Consistent Customer Experience
4. Cross-Selling and UpSelling
5. Risk Management
1. Channel Usage.
2. Channel Promotions.
3.
Channel Launch.
4. Spending at Channels.
1. Service Uptime.
2. Transaction patterns and load.
3. Server and Storage Capacity planning.
4. Network
Bandwidth Usage.
5. Transaction response time.