The global tech industry has seen over 55,000 layoffs since the start of 2023, with 12,000 coming from Google and 10,000 from Microsoft alone. The tech sector is among the first to react to economic downturns due to its high level of digitalization. According to layoff.ai, 25,436 tech employees have been laid off by 101
Every adoption of new technology trend brings about many questions; most importantly is it the right move to make? Inarguably the adoption is challenging especially a technology that is in the early stage of evolution. Therefore, what are the challenges related to adoption of Metaverse? 1. Data security and privacy issues Metaverse which is the
Thanks to the advancement of technology and innovation, we are introduced to a new horizon, a technology trend called metaverse. Metaverse, in the sense of its application, is a technology trend that provides a virtual 3D spaces for people to socialise, collaborate, learn and play, similarly in the physical world and even experiences environment that
The hype for metaverse is rapidly growing as multiple IT companies began to promote this technology trend. In 2021, we hears Facebook rebranding itself to Meta, Microsoft announcing their plans on including metaverse element into Microsoft Team, Tencent declaring metaverse-related trademark while Roblox becoming the first stock of the Metaverse. According to various reports, metaverse
Metaverse, a technology trend for digital transformation is gaining attention in this recent years. While the implementation may still be immature or in the early days, the promise of delivering better value to customers in the future is inarguable. With metaverse being a combinatorial innovation that functions through combination of various technology and trends, it
Historically, the existence of the term metaverse goes long way back. Nevertheless, while metaverse had been discussed its potential even as early as in the 1930s, it is not until recently metaverse had become the buzzword of the world. The hype for metaverse takes place and continues to grow as we hears the gigantic news
The number of organisations adopting low-code AI and no-code AI are growing. Low-code AI and no-code AI offer many benefits, from massive cost cutting on development and hiring experts such as AI expert, data scientists and software developers, ability to quickly build simple applications without or little coding knowledge to better users experience through simple
In the recent years, digital transformation, cloud migration, IT-OT convergence and distributed had become the essential needs in every organisation. While these transformation ensure resiliency, it brings about challenges in data management as it causes rapid increase in the number of data being generated. Significantly, in order to deal with this increasing amount of data,
When enterprises enable IT-OT convergence, they embarked into data-rich sectors, making them to become critically in need of having the most effective technology to utilise and transform the data into useful insights. For a certain simple data analysing process, hiring data scientists and even machine learning engineer is unfortunately a cost consuming action. No-code AI
With data being the center of everything in determining the success and growth of organisation today, the need to implement an Artificial intelligence (AI) technology is undeniable. Through AI technology implementation, organisations will be able to better enhance productivity and efficiency. Over the years, adoption of AI technology in organisation or industries is always hinder