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Deep Dive into Industry Insights
Discover industry trends, innovation stories, informational articles and explore the diverse world of IT Services and Engineering Solutions.
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thebigword Group and Techwave launch Digital Center of Excellence (CoE) to Accelerate Digital Transformation
The center will advance bold new opportunities for the global language solutions provider. Techwave®, a global leader in consulting, technology and next-generation services announced the launch of a joint Digital Center of Excellence (CoE) with global language services provider thebigword Group, at the Techwave campus in Hyderabad. The centre focuses on digital transformation…
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When and How to Use Robotic Process Automation in Finance and Accounting
Robotic Process Automation, or RPA, offers interesting benefits for the financial services industry. It may offer solutions for companies who want to improve efficiency in their finance and accounting departments. The key is focusing on innovation within the company to cut costs and improve results. What is RPA? What is RPA in finance and…
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How Is Blockchain Helping the Traditional MDM?
The tech sector is still vigorous in discussions around blockchain. Everyone is still quite excited about the potential of this relatively young technology. While some aspirations are possibly too ambitious, there are some applications that have more than a little potential. In some practices, blockchain feels like the only viable direction to move.…
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Transformation Through Re-engineering in Finance & Accounting
The vast majority of companies, from big enterprises to small startups, are looking for ways to get more out of every dollar. Using financial process re-engineering, the current workflows should be analyzed and re-thought to avoid any activities that do not directly add value. A few ways the business process re-engineering financial services might look include:…
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How Is Data Warehouse Modernization Helping Enterprises to Increase Operational Efficiency?
Data warehouses have been around for decades. As one of the longest-lasting methods for managing data, many warehouses — still in use today — are plain antiquated. Modernizing these resources has been a priority for many enterprise systems, but upgrading just for the sake of it is never a good business model. Instead,…
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What Does Reconciliation Mean in Finance and Accounting
Reconciliation in finance and accounting refers to the process of comparing transactions recorded internally against monthly statements from a bank, credit card company, or other external source. The aim of account reconciliation is to ensure the records coincide with each other. You can find your financial transactions on your bank statement, your credit…
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How is AI enabling “Object identification and recognition”?
Object identification and recognition is an area within the field of artificial intelligence (AI) that focuses on robots recognizing different objects. As AI machines become more and more part of our everyday lives, machine learning is making improvements on image tagging and object identification skills. Google and Microsoft are examples of just two…
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Techwave partnership with Amazon Web Services (AWS)
We are very proud to share with our customers that Techwave has achieved AWS Advanced Consulting Partner status. This differentiated accreditation for AWS Partners means Techwave is now recognized as having: Demonstrated significant investments in AWS practices Extensive experience in deploying customer solutions on AWS Provided value-added transformation work to AWS customers Best…
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What Is Master Data Management and Its Importance?
Businesses that make decisions based on ‘customer intelligence’ must find data management tools to organize the huge amounts of information collected by marketing analytics, Big Data, customer input, and business connections. This is where an MDM Master Data Management software platforms can take your customer data to a place where decision-making can impact corporate…