Gamification in brief

A brief description of Gamification-->

What is Gamification:-

Gamification is the use of game mechanics in a non game context to enhance the user engagement and to solve problems. 

What is Game mechanics:-

Game mechanics is a combination of rules, design and tools intended to produce a game-play.

What is Gameplay:-

Gameplay is  a specific way in which players interact with the game. It is well known among gamers that a good gameplay means a good game. Good game means engagement.

What I think of gameplay or what it means to me? There are various types of games. Over the years, they became more real, more interactive, more complex, more engaging. But all of them has something in common which is a very special feature or we can even call it as a mysterious power that drives us to spend more time playing them and feeling like we are inside the game. And we are trying to use that force or that mysterious power to change our perception & the way of thinking. This is all gamification is all about.

In order to know about the gamification market scenario on today's date, click on the link below:-

http://banmidow007.newsvine.com/_news/2014/02/19/22796400-global-gamification-market-worth-55-billion-by-2018

Identity and Access Management Market

Identity and Access Management (abbreviated as ' IAM') is basically a framework specifically designed to enforce the security discipline in business process. IAM primarily functions to assure the proper utilization of organisational resources by managing appropriate access parameters. IAM undertakes and strengthens the security process in an organisation or a company.

                                                (source:- hcltech)

Identity and Access Management has evolved as a main platform in realization of business profits with respect to reduction in expenditure, management control, efficiency in operation and last, but not the least, eCommerce growth of business. IAM manages the identities and access permissions of people, processes and productions, for the resources in an organisation.

Identity and Access Management technology in an a company or an organisation is automated to be used for initialization, capturing, recording and management of employee identities and their corresponding access permissions. This strengthens the authorization, authentication and audit of every individual and service in the enterprise. Weak IAM can create regulation of lack of compliance. How ? If the enterprise audit takes place, the management will be unable to provide a proof for safety and security of private data in the enterprise. Also it wont be able to ensure that the private data is not at risk of misuse.

                                                   (Source:- unicon.net)

According to Marketsandmarkets, the IAM market is estimated to grow from $5.13 billion in 2013 to $10.39 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) of 15.1% from 2013 to 2018. With respect to geography, North America is expected to be the greatest market in terms of contribution in revenue.

For more information about the IAM market, follow the link mentioned below :-

http://www.allvoices.com/contributed-news/16777660-identity-and-access-management-iam-market-worth-1039-billion-by-2018

Big Data Market

Big Data is a technical term which refers to the huge size of data (structured and unstructured). This data is so massive or large in terms of volume that it becomes extremely complicated to process it using traditional database management apps or tools and other software techniques. Thus, its clear that this term actually refers to the volume of data. But it is not always used with the same meaning. Vendors may refer this term to technology used to handle huge size of data and storage utilities in an organisation. 

                                             (Source:- forbes)

Its commonly known in IT that 

1 byte (B) = 8 bits 

1 Kilobyte    (KB)    = 1024 bytes

1 Megabyte  (MB)    = 1024 KB  

1 Gigabyte   (GB)    = 1024 MB

1 Terabyte  (TB)     = 1024 GB

So size we are talking here is about 1 Petabyte  (which is 1024 TB) or 1 Exabyte (which is 1024 Petabytes) which includes trillions of records of trillions of people.This can serve as an instance for big data. In business analytics, big data serves as an major problems where the available tools are not enough to handle, manipulate or manage the data. Big data is also known as Enterprise Big Data. 

                                             (Source:- dataart)

According to Marketsandmarkets, the global big data market is estimated to be $14.87 billion in 2013 and expected to grow to $46.34 billion in 2018. This represents an estimated Compound Annual Growth Rate (CAGR) of 25.52 % from 2013 to 2018. The major forces driving in this market is the constant need among enterprises to upgrade their business processes and enhance performance with efficiency. For more information about the big data market, follow the link mentioned below:-

http://banmidow007.newsvine.com/_news/2014/03/24/23234088-big-data-market-worth-4634-billion-by-2018

Managed Networks Market

What is Managed Networks? 

In simple terms, it means networks that are managed by someone else for the organisation. It is actually one of the types of communication networks. To be more specific, it is an outsourced network. The build, operation, security and management is undertaken by a third party service provider. The primary purpose of managed networks is to deliver all the n/w solutions that are needed by the organisation. This delivery is carried out by the third party network services provider. The entire system is managed by this service provider.

                                                         (Source:- exs7)

Following are the services that Managed network includes:-

• Managed LAN
• Managed WAN
• Managed Wireless networks
• Managed Gateway
• Automated network support services

According to Marketsandmarkets, the global Managed Network and Network Outsourcing market is estimated to grow from $29.5 billion in 2012 to $58.4 billion in 2018. This represents the Compound Annual Growth Rate of 12.1% from 2012 to 2018. For more information about the market, follow the link mentioned below:-

http://www.allvoices.com/contributed-news/16743404-managed-network-network-outsourcing-market-worth-5839-billion-by-2018

Platform as a Service

What is 'Platform as a Service' (abbreviated as 'PaaS'?. It is one of the categories in cloud computing services. In PaaS, software developers are provided with a platform and required environment to develop software and service over the internet. Cloud Computing has tremendously changed the process of developing and running applications. The Cloud is the host for PaaS services and consumers can easily access these services via internet browser. Thus, due to PaaS, a new software can be delivered as fast as opening a web browser. Also, there is no trouble of hardware and software infrastructure in PaaS. 

                                       (Source :- comparethecloud.net)

Summarizing the above information about PaaS, PaaS is basically a cloud computing model in which apps that are hosted in the cloud are made available or distributed to the consumers over the web. So, it is very obvious that PaaS is extremely beneficial for the developers. With the help of PaaS, the alteration and upgradation of the OS features can be done on frequent basis. Also, software development teams located in different countries can work on a same development project through PaaS. There are many other advantages of PaaS. Few additional advantages are mentioned below:-

1. Overall expenditure is minimized as there is no need to invest money in hardware infrastructure and maintenance. Consumers are able to rent the virtual infrastructure which is beneficial in terms of both practice and costs. Thus, the team can concentrate only on development as no hardware maintenance is required.
2. With the help of some PaaS features, even a non developer can develop applications by using a web browser's one click functionality.
3. It makes the development process more flexible. Developers or consumers can choose the features they need in PaaS making the overall process more flexible. Thus, PaaS offers Flexibility
4. Once adopted features can be altered later if it the need of time. Thus, PaaS offers Adaptability.
5. PaaS offers a great security to the organisations. This security also involves data security, recovery and backup.

                                                             (Source:- rightyaleft)

Lets focus on PaaS market scenario on global basis. According to the MarketsandMarkets,

the global PaaS market is estimated to grow from $1.28 billion in 2013 to $6.94 billion in 2018 at a Compound Annual Growth Rate of 32.54% in this period. In terms of geographies, North America continues to be the biggest market for PaaS solutions. For more information about the PaaS market, follow the link mentioned below:-

http://www.allvoices.com/contributed-news/16734803-platform-as-a-service-paas-market-worth-694-billion-by-2018

Smart Cities

A Smart City is basically a developed city or an urban area focused on high quality life and comfort with the help of Information and Communications Technologies. The concept of Smart City is primarily focused in excelling multiple key components like government, living standards of public, economy, mobility and environment with the help of strong funds and ICT infrastructure.

A smart city can also be referred as a 'Digital City'. This term signifies a city which is digitally advanced and well developed. Wikipedia defines the concept 'Smart City' as ' a city that can be defined as smart when investments in human and social & traditional (transport) and modern (ICT) communication infrastructure fuel sustainable economic development and a high quality of life, with a wise management of natural resources, through participatory action and engagement. The concept of smart city essentially signifies ' efficiency' based on the intelligent management and integrated Information and Communication Technologies, and active citizen participation. Also, the term 'Smart Cities' is refers to smart grids, smart meters,smart homes, building automation, physical securities, life securities, facilities management, energy management, and other ICT infrastructure.

                                                 (Source:- Marketsandmarkets )

Marketsandmarkets provides a detailed information about the market scenario of smart cities. According to marketsandmarkets, the global smart cities market is estimated to grow from $526.3 billion in 2011 to $1023.4 billion by 2016. This represents a compound annual growth rate of 14.2% for the period 2011 to 2016. For more information about the market, click on the following link:-

http://banmidow007.newsvine.com/_news/2014/03/18/23141474-smart-cities-market-worth-1-trillion-by-2016

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Fraud Detection and Prevention Market

The first basic term that I will target in this post is 'Fraud'. What does it exactly mean? Fraud is basically an act commited with the intention of deceiving others for selfish illegal gains, mostly monetary. This ultimately results in victim's suffering and emotional imbalance. This is a general significance of fraud. Now, lets focus on a more specific concept close to our today's topic  'Fraud in corporate sector'. In corporate sector, fraud is a big growing business which is increasing every year. Wikipedia describes fraud more effectively. According to it, Fraud involves one or more persons who act secretly to deprive another of something of valve, for their personal benefits.

After the financial meltdown, the financial industry is going through competition. Banks are using all the possible ways to increase the number of customers for surviving the competition. Thus, bank account softwares, credit card applications and transactions are increasing tremendously. As a result, the count of fraud applications and transactions is also increasing on a huge scale. Also, technology has emerged to a great extent giving rise to new payment methods like prepaid credit cards, e-payments, mobile payments. Obviously, these new methods also increases the scope of fraudulence along with the convenience.

                                        (source: veritascorp)

According to a reliable source,8 billion USD are lost in credit card frauds per year. this is just about the credit card frauds. the estimation of total fraud losses is over 30 billion USD per year. Thus, demand for fraud detection and prevention solutions is increasing. Along with detecting and preventing frauds, these solutions also bring more transparency in the organisation.

According to the Marketsandmarkets, the fraud detection and prevention market is estimated to grow from $3.61 billion in 2013 to $7.55 billion by 2018. This represents a Compound Annual growth Rate (CAGR) of 15.9% from 2013 to 2018. For more information about the market, click on the link below:-

http://www.allvoices.com/contributed-news/16706126-fraud-detection-and-prevention-market-worth-75-billion-by-2018

Smart Card Market

Smart Card is basically a plastic card whose size and shape is relevant to that of credit or debit card. Usual credit or debit card contains magnetic strip for the operation purpose. In the similar way, Smart card contains embedded integrated circuits. This embedded integrated circuit or we can say, microprocessor is under the golden contact pad on any one side of smart card. Smart Cards are generally used for phone calling, bill payments and other purposes. 

                                       (Source:- www.identityweek.com)

Smart cards can store more data than the magnetic strip card. Also, it can be programmed  for various applications. If the geographical popularity of smart card is taken into consideration, Europe dominates the United States. The extensive usage of smart card is concentrated in the health insurance and banking domain in the Europe. Though the popularity of smart cards is increasing on a global scale, still they are attaining a bad shape in the United States. United states is focused on the usage of magnetic strip technology on a large scale. But the magnetic strip is a bad choice for sensitive information storage because the data contained in the strip can be easily manipulated with certain equipment. However, the microprocessor in the smart card is highly capable to handle the security issues.

                                    (source:- panam.gateway.com)

        

The integrated circuits in the smart card has the following specifications:-

• 8 KB (max.) - RAM (Random Access Memory)
• 346 KB (max.)- ROM (Read Only Memory)
• 256 KB (max.)- Programmable RAM 
• 16-bit Microprocessor

According to the Marketsandmarkets, the total global smart card market is expected to be worth US$6.6 billion by 2015, out of which the telecommunication sector will account for nearly 53.8 % of the total revenue. The global market is expected to record a Compound Annual Growth rate of 7.3 % from 2009 to 2014. To explore more information about the Smart card Market scenario, click on the link below :-
http://www.allvoices.com/contributed-news/16693828

Business Process as A Service (BPaaS)

This post is dedicated to a hot topic in the IT & cloud sector which is 'Business Process as a Service' ,also known as 'Cloud Business Process Management. Lets start with the topic in concern. 'Business Process as a Service' (abbreviated as 'BPaaS') is a business process which is deployed on the basis of cloud computing service models. So, the basic question which arises here is, 'what does business process mean?'. Business Process is an activity or group of activities that are carried out to achieve a particular business oriented organisational goal. In BPaaS, such processes are carried out through cloud services. These cloud services include 'Software as a Service (SaaS)', 'Platform as a Service (PaaS)' and 'Infrastructure as a Service (IaaS)'. 

The primary objective behind BPaaS is to decrease the labor cost through increased automation. In BPaaS, business processes are uploaded to a specific cloud service. This cloud service performs and monitors these business processes. The companies which adopts BPaaS are provided with an opportunity to use cloud software in pay-per-use model. This eventually saves investment in hardware and maintenance. Thus in BPaaS, entire Business Process Management is based on Cloud Services. Hence, this concept is also known as 'Cloud based Business Process Management' (abbreviated as 'Cloud BPM').

                                                (Image Source:- it.toolbox.com)

Following are few benefits of Cloud BPM:-

• In cloud BPM, servers for managing and coordinating business process are not required. This results in reduction of expenditure meant for buying and maintaining these servers.
• The 'Pay Per Use' model is very convenient and saves money.
• Cloud BPM enables companies to access the solution from any geographical location. This heightened mobility provides companies with opportunity to grow and expand in less time.
• It allows companies to install new processes without much infrastructural expenditure. Thus, it leads to increased scalability.

                                          (Image Source:- bpmleader )

According to a well known research firm 'Marketsandmarkets', the global BPaaS and Cloud BPM market is estimated to grow from $1.09 billion in 2013 to $7.12 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) 0f 45.55%. For more information about the BPaaS and Cloud BPM market, follow the link below :-
http://goo.gl/aG3gxt

Cloud Analytics

Over the past 2-3 years, the topic of Cloud and related services has created a tremendous buzz in the IT industry. Cloud Analytics is one of these services. Cloud analytics means 'Cloud Based Business Analytics'. It is basically a type of cloud services model. In this model, data analysis or  and services that are related to it, are performed on a public or private cloud. So, the term 'cloud Analytics' signifies any data analytics or business intelligence process that is implemented in cooperation with the cloud service provider.

Cloud analytics solutions and services are delivered through certain cloud models. For instance:- hosted data warehouses, SaaS BI (business intelligence) & social media analytic products.

(source:- janbrass)

Marketsandmarkets has recently conducted a study on cloud analytics market. The study reports that the global Cloud Analytics market is expected to grow from $5.25 billion in 2013 to $16.52 billion by 2018, at an estimated CAGR of 25.8% during this forecast period. This surely replicates a good scope of growth in this market. For more information about the market :- 

http://www.allvoices.com/contributed-news/16650182-cloud-analytics-market-worth-1652-billion-by-2018