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Smart cities are considered as the future of urban living, using digital technologies, data, and design thinking. As the urban population grows in diverse conditions, many cities turn to technology and smart city solutions to build a more livable environment and thereby improving the delivery of public services. 

Smart cities create a new model by improving existing transportation systems, that use the data applications and technology to improve the quality of life for citizens and visitors. Technology serves citizens and can enhance many aspects of public life, including quality of life, mobility, security, education, economy, and the environment. Here are some key points that enable the smart government of smart enterprises movement globally.

Next level Robotics: Artificial Intelligence - Programmed Robots - Will They Complement?

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BostonDynamics社の人型ロボット「Atlas」が軽快に丸太や段を飛び越える映像 (BostonDynamics) Parkour Atlas (BostonDynamics)

Transparency in Banking Transactions through Blockchain

The banking industry has seen huge innovations in recent years with the use of technology. To satisfy the demands of the customers, banks are looking for new ways to interact with them and provide better customer satisfaction. Blockchain technology is changing the process of banking along with the concept of game theory to meet customer needs.

Baking as a Service (Baas) is an innovative concept that takes the customer experience to a new level. It has no any restrictions like traditional banking. In today’s era, customers are in need of anywhere anytime transactions, beyond the regular working hours of the banks. 

There is a need for open collaboration since customers are looking for a more open network and shared technologies. Collaboration and consolidation is the key to BaaS. This flexibility of the BaaS model will enable banks to integrate blockchain solutions to solve the issues in the banking sector.

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Trends that are going to change the HR industry

Suitable candidates are considered as the assets for organizations. The hardships lead to be more strategic for the HR (human resource) team of organizations because HRs’ role is to recruit not only an employee but also understand if the employee can serve as an asset for the very organization and recruit accordingly.

Nowadays technologies have made HR industry evolving to become more efficient, profitable, and enjoyable for employees. This industry is converting into more productive one with the help of advanced technologies. 

Following are some of the trends, which are transforming the industry:

Artificial intelligence (AI): Talent acquisition is one of the important responsibilities of HR departments, but even they cannot be entirely sure about the hiring. AI technology streamlines this hiring process by relying more on the analytical process instead of by human observations. Also, AI helps in listing relevant interview questions according to the post, employee’s background.

Robotics Quotient: The HR department has many transactional activities that are ideally suited for robotic process automation (RPA). RPA enables HRs to automate tasks that are rule-based, repetitive, and standardized and results in free-minded HRs who can focus on more strategic and innovative functions as talent development, retention, and policy implementation.

Predictive analysis: HRs deal with large quantities of people data. With the help of predictive analytics, HRs need not rely on gut feeling or soft science; they can rely on proven and data-driven predictive models. Predictive analysis enables HRs to forecast the impact of people policies on the well-being and bottom-line performance of the employees.  

Cloud: Cloud applications play a significant role in the HR industry. Functions of organizations need fast and flexible IT frameworks. Cloud is redefining the frameworks and process of working of the organizations. The competitions in organizations on recruiting processes increase data of a number of candidates and push the organizations to move the information to the cloud. Moving data to the cloud makes HRs’ functions more efficient as it lowers the manual works of HRs.

By the advancement of technology, HRs are playing a leadership role in the growth of organizations. As HRs are adopting the change with the help of technologies, the organizations will become smarter and more productive.

Know More: HR Technology

For more in HR visit: Human Resource Technology

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