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Spend on Cybersecurity In Singapore and Southeast Asia

Introduction

Spending on Cybersecurity in Singapore and Southeast Asia has been increasing in recent years as businesses and organizations in the region recognize the importance of protecting their digital assets and data. According to a report by Cybersecurity Ventures, the cybersecurity market in Southeast Asia is expected to grow from $3.5 billion in 2020 to $10.5 billion by 2025, at a compound annual growth rate of 24.4%.

In Singapore the government has been actively promoting cybersecurity as a key priority. The Cyber Security Agency of Singapore (CSA) has launched several initiatives to strengthen the country’s cybersecurity posture, including the Cybersecurity Lab, which helps small and medium enterprises to enhance their cybersecurity capabilities, and the Cybersecurity Industry Partnership Programme, which facilitates collaboration between the government and the private sector.

Businesses in Singapore and SEA are investing in a range of cybersecurity measures, including

1.Network and endpoint security

This includes measures such as firewalls, antivirus software, and intrusion detection and prevention systems to protect against cyber threats.

2.Identity and access management

This involves implementing controls to ensure that only authorized users have access to sensitive data and systems.

3.Data protection

Businesses are investing in technologies such as encryption and data loss prevention to secure sensitive data.

4.Security awareness training

Many businesses are providing training to employees to help them understand how to identify and prevent cyber threats.

Conclusion

Overall, the growing awareness of cybersecurity risks in Singapore and SEA is driving increased spending on cybersecurity measures to protect against threats and ensure the continued operation and growth of businesses in the region.

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https://exito-e.com/cybersecuritysummit/blog/spend-on-cybersecurity-in-singapore-and-southeast-asia/

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Role of Technical Leader in Wedding Planning Company

What constitutes a Technical team?

It constitutes a multidisciplinary team that includes experts in all of the companies core Values and its roles & the responsibilities of the Technical Team would ideally include in assuring that technical and local context is defined and integrated into a project that is being carried out.

Key attributes of a Leader?

The three tasks that are common to any leader would be envisioning, aligning followers to their vision, and ensuring execution of tasks within the team and the company and doing so with the following most desirable attributes of – honesty and integrity, ability to inspire others, commitment and passion, being a good communicator, decision-making capabilities, accountability, delegation and Empowerment, creativity and Innovation.

Now the various tasks that a technical leader would ideally undertake within a creative events and wedding planning company would ideally be as following

Manage and implement the day to day functions of business operations

Develop and build processes for every team within the company.

Establishing and enforcing policies that promote company culture & lead the companies mission and overall vision as a Account Manager / Director.

Overseeing the development of each project that runs through the company.

Builds processes, project deliverables, sets realistic deadlines and works closely with each executive, director and senior team members to ensure company growth, deliverables are being met, and team members are reaching their full potential.

Technical Leadership, Project Management, Process Development, Account Management, Software Development, Cloud Infrastructure, Machine Learning, Data Analytics, Data Engineering, Data Warehousing, and Data Pipelines to name a few.

For more details visit us : EWPC

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Why Cloud Technology is The Future of Intelligent Manufacturing

Intelligent manufacturing is a comprehensive manufacturing concept that uses modern information and manufacturing technology to optimize production and product exchanges. It’s a revolutionary manufacturing model based on intelligent science and technology that improves the design, production, management, and integration of a specific product’s entire life cycle.

Smart sensors, adaptive decision-making models, Innovative Materials, Intelligent Gadgets, and Data Analytics can help with the full product life cycle. The efficiency of production, the quality of the products, and the level of service will all be improved.  And in the 4th Industrial Revolution, cloud computing will be critical in enabling the manufacturing industry to transform into Intelligent manufacturing.

The ‘4th Industrial Revolution,’ in which advanced technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), and Blockchain are blurring the barriers between the physical and digital worlds, has made Cloud computing a vital driver. Cloud computing is accelerating transformation and innovation across many industries around the globe. This is also true in the manufacturing sector. According to a report by Market Research Future, the cloud manufacturing market is predicted to reach USD 111.90 billion by 2024.

Some advantages of cloud

Scalability, Flexibility, and Development efficiency are just a few benefits of using cloud services rather than traditional on-premise computing capabilities.

Flexibility and scalability

One of the most significant benefits of using virtual infrastructure maintained by a service provider is the increased flexibility. On-demand cloud services can be created, configured, and terminated at the touch of a button.

Some Cloud Services even allow auto-scaling, which means the underlying computing resources automatically adjust to changing utilization rates. This adaptability is advantageous for applications with erratic load, short-lived applications such as prototypes or proofs-of-concept, and frequently changing infrastructure.

Profit margins grow due to lower overhead

According to AWS, the variable expenses of the cloud enable organizations to pay only for the resources they utilize.  As a result, they can decrease or eliminate the costs associated with running a data center. Businesses can increase their profit margins by avoiding the hefty costs of running their own data centers.

Flexibility in pricing

Costs are also flexible with cloud services. Many services offer consumption-based billing, which means clients are only charged for the services they actually use. On the other hand, static infrastructure configured for the maximum expected workload would need to be purchased and maintained in an on-premises scenario. This inflexibility can be overcome via the cloud.

Better product development and logistics

When integrated with cloud computing, IIoT facilities have access to real-time product usage data as well as consumer feedback. Quality issues can be handled on the production floor, resulting in less waste and lower mitigation costs. Machine learning applied to cloud data can give businesses actionable insights for future product development phases, resulting in higher revenue and customer happiness.

Conclusion

When it comes to technical transformation, cloud-native is the way to go, as it offers a significant competitive advantage.  This is why cloud manufacturing is the way of the future and why migrating networks to the cloud should be at the top of every manufacturer’s to-do list.

For more details visit us : MITS Summit

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Exploring the Future of BFSI with Technology in Singapore

Are you ready for an unforgettable experience at the BFSI IT Summit in Singapore? Get ready to hear from some of the brightest minds in the banking, financial services, and insurance industries on May 12th, 2023.

The theme of this year’s summit is “Transitioning into the Future with Web 3.0, Cloud, and Cybersecurity.” As part of this, attendees can expect to hear about a range of exciting topics, including

For more details visit us : BFSI Summit

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Mapping Out Indonesia’s Digital Economy

Introduction As Indonesia continues to urbanize, develop, and adopt new technologies, it finds itself at an important to build a truly digital economy and close the digital divide between urban and rural areas. With the right investments, policies, and innovations, Indonesia can capitalize on its youthful population, economic expansion, and technological readiness to emerge as a leader in Southeast Asia’s rapidly evolving digital landscape.

1. Rapid Growth of Internet Users  

Indonesia has witnessed exponential growth in internet users over the past decade, emerging as one of the largest online markets globally. As of 2022, Indonesia has over 200 million internet users, representing nearly 75% of its population. This massive user base reflects an internet penetration rate that has more than doubled since 2016 when it stood at just 34%. Indonesia’s immense and growing internet user base signals the sheer scale of its digital economy’s potential. Tremendous opportunities exist for businesses providing digital services, e-commerce, content, and more. Indonesia offers one of the world’s most sizable markets for online activities, engagement, and transactions. With the right strategies and localization, brands can gain valuable traction in this high-growth environment.

2. Booming E-Commerce Industry

Indonesia’s e-commerce industry has experienced explosive growth over the past decade, transforming digital commerce and opening doors for innovative startups and businesses. The sector is projected to reach an astounding market value of over $100 billion by 2025 according to a report by Google and Temasek. Several factors have fuelled Indonesia’s e-commerce boom. With over 60% of the population now online and nearly 400 million internet users expected by 2025, Indonesians are rapidly embracing online shopping and e-payments. The country has a massive and young consumer base, including an expanding middle class with higher disposable incomes seeking convenience and variety. Indonesian startups like Tokopedia, Bukalapak and Traveloka have capitalized on this growth by developing e-commerce and online travel platforms tailored to local consumer needs and behaviours. Established corporations are also investing heavily in Indonesian e-commerce, with Sea Group’s Shopee and Alibaba’s Lazada among the major players. E-commerce enables businesses of all sizes to sell beyond their local area and reach wider audiences. It opens new opportunities for Indonesian merchants and brands while providing more choice for consumers. With e-commerce projected to continue its steep trajectory, Indonesia’s Digital Economy has huge potential to transform commerce, generate jobs and uplift living standards.

3. Startups and Innovation

The Indonesian startup scene is vibrant with new ideas and innovations addressing key needs and opportunities in the market. Major sectors seeing growth and investment include e-commerce, fintech, healthcare, logistics, and social media. In addition to e-commerce and fintech, sectors like healthcare, media, logistics and education have seen new innovative startups emerge. The startup ecosystem is rapidly evolving, with Indonesian unicorns disrupting traditional industries and investors flocking in to tap the nation’s digital potential.

Fintech

Digital payments have massive headroom for growth with cash payments still dominating. Innovative services around payments, lending, investments and insurance can tap into Indonesia’s unbanked population. – Cryptocurrency and blockchain solutions also have an emerging appeal, especially for cross-border remittances and investments.

Agriculture

Applying technology to improve agriculture productivity and supply chains is an urgent need. Digital tools for precision farming, farm-to-table marketplaces and fintech for smallholder farmers have fertile ground. Healthcare

Telemedicine and other health tech innovations can expand access and affordability of healthcare especially in remote parts of the archipelago. – Digital insurance, lending and other fintech solutions tailored for healthcare also have substantial room for growth.

Education

Indonesia has over 50 million students but limited education infrastructure. Ed-tech solutions for K-12, higher education and vocational training can help democratize access. – Massive scope exists for education marketplaces, online learning platforms, digital content and tools.

4. Challenges and Risks

Indonesia’s digital landscape is not without its challenges. While the opportunities for growth are immense, businesses must navigate various risks and roadblocks.  

Regulatory Issues

Indonesia has historically had a restrictive regulatory environment for digital businesses and startups. Onerous licensing requirements, limits on foreign investment and ownership, and lack of data protection laws have hampered development. However the government has recently taken steps to ease regulations, but the legal and compliance landscape remains complex. Businesses must ensure strict adherence to avoid hefty penalties.

Talent Shortage

The rapid digital growth has led to a severe shortage of skilled tech talent. Local universities are not producing enough qualified graduates to meet demand. As a result, wages have surged, making it difficult for startups to compete against foreign companies. Building a skilled local workforce remains an urgent priority. Initiatives are underway to provide more extensive digital skills training.

Infrastructure Gaps

While internet usage has exploded, infrastructure gaps persist, especially in rural areas. Low fixed broadband penetration forces many to rely solely on mobile connections. Network congestion and intermittent connectivity impede the growth of data-heavy services like video streaming. Massive investment is required to upgrade networks and data centers across the archipelago. Nonetheless, infrastructure is improving steadily, promising even faster growth ahead.

5. Government Support

The Indonesian government has recognized the importance of the digital economy and has implemented various initiatives and policies to support its continued development. Some key examples include: – The National E-Commerce Roadmap launched in 2017 outlines strategies for growing e-commerce in Indonesia. It aims to increase the value of e-commerce to $130 billion by 2020. The roadmap focuses on areas like taxation, logistics, and cybersecurity. – Indonesia’s digital economy is expected to contribute $133 billion to GDP by 2025. To support this, the government established the e-commerce roadmap which serves as a guideline for growing the digital economy. – The government plans to invest over $70 billion in Digital Infrastructure improvements between 2020-2024. This includes expansions of broadband networks, data centers, cloud computing systems, and other IT infrastructures to enable digital growth. – Tax incentives introduced in 2018 provide relief for tech startups and companies focused on R&D. This helps nurture domestic innovation and attract foreign investment into the digital sector.

For more details visit us : Digital transformation summit

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The Impact of AI in Edge computing and Data centers

Introduction

The world as we know it is rapidly Digitizing and transforming with the prevalence of AI. One of the many areas being impacted by AI is Edge Computing and Data Centers. Data processing becomes the central idea, with data being at the tips of your fingers and everywhere you see. Technology helps in delivering data and opens doors to heightened efficiency. This blog revolves around Artificial Intelligence’s effect on edge computing and data centers.

Edge computing

This computer model brings power to data processing. It refers to networks or devices near a user. What it does is process the generated data faster, leading to high action results. It has numerous advantages, including improvement of physical asset management and creative novel and innovative human experiences. Internet of Things (IoT) devices, sensors, and vehicles are edge devices. It can improve customer engagement, retail experiences, and upskilling of workers. To combine the prowess of Artificial Intelligence and edge computing, we have edge AI.

Edge AI

It brings speedy performance in computing abilities to edge computing. It allows Artificial Intelligence applications to run directly on devices and handles data processing in milliseconds. This helps in bringing efficiency to autonomous vehicles or devices that require proactive and decisive decision-making. This also protects sensitive data and is energy-efficient. Security cameras with this technology can assess suspicious activities effectively, while industrial applications benefit from monitoring and adjustments in production processes in real time.

Talking about autonomous vehicles brings to the forefront the need for the combined working of Industrial IoT and edge computing. This vehicle has to detect activity and scenarios of pedestrians, vehicles, roads, and street signs, and monitor its system.

Industrial IoT

It refers to the employment of smart devices in industrial applications. Industrial IoT makes use of sensors and smart devices to capture, move, and detect changes in levels of temperature. It also helps in automating procedures for efficiency, safety, data delivery for analysis, and making sure all the processes happen promptly.

Quantum computing

Apart from edge computing, this technology makes use of quantum theory. This can enhance the way challenges in finance and logistics are dealt with. It can solve complex problems that traditional computers are unable to do. Quantum computing can help in building effective investment portfolios in retail and finance. It can create improved trading simulators and detect fraud effectively. In the healthcare industry, it can be deployed to discover new drugs and aid in the curation of genetically focused treatment. This can revolutionize the research in DNA. In security systems, this technology can design enhanced data encryption for increased security. It can form better ways to employ light systems to signal house or property intrusion by trespassers. It can be utilized for planning for aircraft and traffic. Quantum computing is a fairly new development in progress that uses quantum computers.

Cloud computing

This makes use of traditional computers unlike the previous one. It is a delivery model that boosts the efficiency of AI. AI helps in automating processes, improves data management, aids in strategic decision-making, makes effective data analysis, and enhances security. AI helps in the reduction of manual errors and provides better interconnectedness between users. It also facilitates in generating traffic to draw in more visitors to the website.

Natural language processing

To understand how AI as a technology is a game-changer, let’s look at NLP. This is a branch of AI that helps how we interact with computers and effectively interpret textual data. Natural language processing enables computers to make sense of data and generate very human-like communication and data. Natural language processing produces natural language by amalgamating techniques from machine learning, computer science, and linguistics to provide personalized, contextual, and precise support to users. NLP can aid as a virtual assistant who caters to the user’s questions, fulfills tasks, and offers answers to questions in a natural language. It also facilitates global connectivity by enabling cross-communication across different languages. It is also an effective means of assessing market and consumer needs by providing sentiment analysis.  

Edge machine learning

Machine learning is a subdivision of Artificial Intelligence. Edge computing can be combined with AI or ML applications on edge devices such as sensors and devices to get prompt data processing. It allows for effective collection, analysis, identification of patterns, and initiation of fast action without the dependence on traditional cloud networks.

Impact of Artificial Intelligence on Data Centers

To optimize the power of AI, rigorous computing and large data storage are required. Data centers are physical locations containing computing infrastructure like servers, network equipment, drives for data storage, and more. These help businesses to bring their growing equipment that may be distributed across various locations and branches in one place. This increases cost-effectiveness and allows businesses to get help from third-party data centers. The various advantages of data centers are that they provide backup power supplies, replicate data across machines in case of a disaster, provide facilities with controlled temperatures to increase the life expectancy of the machines, and more effective security measures can be implemented in line with data laws. AI and machine learning are taking data center operations to newer heights. AI helps manage resources through predictive analysis. AI helps with cost savings, improved delivery, work management, and security against power outages.

Network Infrastructure

To supplement the advantages of Artificial Intelligence, network infrastructure comes into the picture. This refers to systems, devices, and applications that help in communication between users. In organizations, admins can monitor data access, ensuring increased security. This allows for sound monitoring of any issues that may arise in the network, leading to decreased disruptions in operations and ensuring the overall productivity of the organization. AI Data Center Network is a specialized network infrastructure curated to enrich the powers of AI and Machine Learning. This allows for a maximized ability to handle a load of data and fast data processing.

Conclusion

The synergy of computing and AI can create a dynamic workforce, increasing efficiency and processing large amounts of data in a short amount of time. The scalability and productivity of IT infrastructure will skyrocket with the precision and ability of AI to simplify complex data and provide beneficial insight. Organizations will profit from the united forces of cloud, edge, and quantum computing and AI coming together to increase the capacity to process data. Streamlining operations will be a smooth-sailing business allowing for more productivity and innovation.

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https://exito-e.com/cybersecuritysummit/blog/how-hack-the-hackers-help-prevent-databreach/

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How Hack The Hackers Help Prevent DataBreach.

Introduction In The current technologically oriented world, data breaches have become widespread for businesses, individuals, and organizations. The hackers and other anonymous groups are taking sophisticated measures and techniques to compromise and steal sensitive data. To defend ourselves from such threats and the danger of data breaches and hackers, the concept of ‘Hack the Hackers’ emerged. It is a type of approach that involves utilizing strategies and initiatives that can prevent data breach waves.

How effective is the approach to “Hack the Hackers”

It’s essential to know that the approach of “Hack the Hackers” will significantly reduce hacker attacks, but it is not a standalone solution to data breach waves. It is a sophisticated approach that requires the collaboration of people, processes, and technology as a whole. While no approach can eradicate the data breach wave, there needs to be regular updates, constant monitoring, strong access code, vulnerability testing, and sharing of collective information to ensure maximum protection against the data breach wave.

This blog post will highlight the implementation of the concept of ‘Hack the Hackers’ in preventing data breach waves

1. Vulnerability Testing

one of the most crucial aspects of “hack the hackers” is to conduct assessments to understand the vulnerability and penetration of hackers into the system. Simulation of real-world data breaches and attacks will help in understanding the weaknesses and vulnerabilities of the system as a whole. These tests will enable proactive identification and remedies of potential entry points of the hackers, and preventing any kind of data breaches as a whole.

2. Blue team, Red Team Exercise

In this exercise, the organization used to assign a red team and a blue team wherein, the red team comprises ethical hackers that would breach securities and exploit any kind of vulnerability as a whole. Whereas, the blue team used to defend us against these attacks. This kind of exercise helped the organization to understand real-world attacks and prevent any data breach more efficiently.

3.Sharing collective information

Preventing data breaches is a collective effort and the need to share this threat intelligence will play a significant role in “Hacking the Hackers”. The organizations shall be able to pool their knowledge and resources to identify any new threat or attack patterns. Organizations can stay up to date about vulnerabilities by sharing their knowledge to prevent data breach waves.

4. Employee training

Human error is often exploited by hackers to gain unauthorized access. The concept of “Hack the Hackers” focuses on the importance of employee training and awareness programs. It is the responsibility of the organizations to educate the employees about safe online practices and recognize phishing attempts. By promoting this culture of training and educating employees, organizations can significantly reduce the risk of successful data breaches caused by humans.

5. Constant monitoring

Another crucial aspect of data breach requires constant monitoring. Being able to implement a constant monitoring system and incident response protocols will allow organizations to detect any suspicious activities, or data breach waves in real-time. By promptly responding to potential incidents, the organizations can reduce the impact of hacker attack and prevent it from turning into a widespread wave.

6. Data Protection

Another crucial aspect of “Hack the Hackers’ includes implementing a strong encryption and data protection mechanism. Data encryption will add an extra layer of security to the sensitive data. Only authorized personnel shall be able to access the data and restrict the non-authorized personnel from modifying information.

For more details visit us : Cyber security summit

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5 Inspirational Wedding Ideas From the Festival of Lights

Illuminating lights, everybody in their best looks, echoes of mirthful laughter and a lot of mithai. Not sure if we are talking about Diwali or a Wedding

This festival of lights, love and, laughter has a hundred varying flavors and distinct traditions. Diwali means different things to different people and this delightful diversity ranging from decor to traditions is an unending source of inspiration to the wedding community.

Even the best of Wedding Planners are sometimes running on a tight schedule and budget. So here is a list of ideas inspired by this glorious Indian festival that you can pick and perfect.

These simple yet elegant ideas can be easily executed both at wedding functions and at exquisite destination weddings, so let’s hop right on.

1) Let there be light!

Light up your evening wedding with a range of vibrant diyas, candles and lanterns. An evergreen idea that will never fail to mesmerize your guests and your favorite couple alike. Tea light lamps, sky light lanterns, clay lamps, electric lanterns. You name it.

2) Bring on the brass

The heavy antique brass centerpieces and hangings that you shine to use right before Diwali will add grandeur to the look at the entry or even at the mandap. Using these will surely give your wedding that desi Royal touch that you are looking for.

3) Dramatic drapes

Bright coloured hues of sheer fabric used as drapes to decorate staircases and various other corners of your venue can give just the pop of colour that your decor needs. These drapes can work wonders and will give your wedding venue a look no less than that of a Bollywood wedding. As wedding planners, you would agree that they’re simple, easy to find and foolproof!

4) Rangoli inspired wedding cards

Diwali inspires so many of us to bring out our creative selves by drawing the most intricate and delectable rangoli patterns. Stand out from your conventional wedding card by reusing these rangoli patterns to create simple, elegant and personalized wedding invitations. Further, you can put your wedding planner hat on and incorporate these intricacies across your decor. Imagine the delight on the guests’ faces when they walk in to see a surprising floral rangoli of the couple’s faces!

5) Flower decorations

The wedding experience is incomplete without envisioning the perfect flower arrangement which encapsulates the emotion and aura of the venue as blend seamlessly into almost every aspect of wedding decor. You can stick to the minimal yellow-orange combination marigold garlands or add a dash of colour and get creative by using flower rangolis to liven up your wedding venue. In addition flower floats make for great centerpieces and are super easy to put together.

For more details visit us : EWPC