Cloudploys - blog poster (4)

The future of remote work: how technology is changing the way we work

by BusinessDigitalTechnology

Remote work has been on the rise for several years now, but the COVID-19 pandemic has accelerated its adoption at an unprecedented pace. Thanks to advances in technology, remote work has become a viable option for millions of workers around the world. But what does the future of remote work look like? In this article, we’ll explore how technology is changing the way we work, and what we can expect in the years to come.

One of the biggest advantages of remote work is flexibility. With the right tools, workers can work from anywhere, at any time. This means they can better manage their work-life balance, and avoid the daily commute. In addition, remote work can help companies save money on rent and other office expenses.

But remote work also presents new challenges, such as maintaining communication and collaboration between team members who may be scattered across different locations. This is where technology comes in. Collaboration tools such as Slack, Zoom, and Trello can help teams stay connected and work together seamlessly, no matter where they are located.

Another important aspect of remote work is data security. When employees work from home, they are accessing sensitive company data from their personal devices and home networks. This presents a significant risk to the security of that data. To address this challenge, companies can use tools such as virtual private networks (VPNs), two-factor authentication (2FA), and encryption to secure their data and prevent unauthorized access.

The future of remote work is likely to be a hybrid of in-office and remote work. Companies are beginning to realize the benefits of a flexible work environment, and are exploring ways to incorporate remote work into their business models. This could include offering employees the option to work from home a few days a week, or using a distributed workforce to tap into global talent.

In conclusion, remote work is here to stay, and technology is playing a key role in its evolution. As we look to the future, it’s clear that the way we work is changing, and those who are able to adapt and embrace these changes will be best positioned to succeed.

Cloudploys - blog poster (2)

New Payments Platform

by BusinessDigitalTechnology

 What is NPP?

NPP stands for New Payments Platform. NPP is an industry wide payment platform for Australia, providing national infrastructure for fast, secure, flexible and high data payments in Australia. It is a real-time low value payment platform.

What is the story behind NPP?

The payment system board of Reserve Bank of Australia reviewed and concluded the need of a real-time low value payment. This review identified opportunities for the Australian payments system to make payment in real-time. After which, the Australian payment network brought together industry representatives to form a “Real-Time Payment Committee”. Committee submitted proposals of NPP based on other international payment systems. Proposal recommended a ‘layered architecture’ for payment clearing and settlement for the new real-time wide range payment service to businesses, consumers, and government. In August 2014, “NPP Australia Limited” was formed to oversee the build, operation and management of Platform and went live In November 2017. At first, it was used among a small number of employees in the financial foundation to test NPP support and then on 13 February 2018, these foundations started rolling out NPP to their customers.

 Which are the organizations that own NPP?

NPP is mutually owned by 13 organizations:

  1.     Australia and New Zealand Banking Group Limited
  2.     Australian Settlements Limited
  3.     Bendigo and Adelaide Bank
  4.     Citigroup Incorporation
  5.     Commonwealth Bank
  6.     Cuscal Limited
  7.     Hongkong and Shanghai Banking Corporation
  8.     INDUE Limited
  9.     ING Bank Limited
  10.   Macquarie Group Limited
  11.   National Australia Bank
  12.   Westpac Banking Corporation
  13.   Wise Australia Pty Limited

How does NPP Payment work?

  1.     The payer starts a payment through an online banking portal or mobile phone banking application.
  2.   If payer chooses to use PayID to identify the payee, the payer’s foundation will send enquiry message to addressing services for payee’s BSB and account number linked to PayID. The legal account name allied with PayID will return to the payer for confirmation, which reduce the incident of misdirect and fraud.
  3.   Payer foundation sends a message with all required payment details, related to any overlay service requirement, to the payee’s foundation using its payment gateway. Payee’s foundation clears the payment by checking payment details and sends a response back to payer’s foundation confirming it is able to credit the payee.
  4.   The payer foundation’s payment gateway automatically sends a settlement request to Fast Settlement Service (FSS), which tests that the payer foundation has enough credit funds.
  5.   FSS returns a settlement confirmation to both foundations indicating settlement has occurred.
  6.   After confirmation of settlement, the payee’s authorized deposit-taking institution will make the fund available to the payee.

 What are the benefits of NPP?

Ø  24/7 instant payments

Ø  Real-time line-by-line settlement via RBA’s fast settlement services

Ø  PayID, new and easy way to link financial account

Ø  PayID, easy to remember identifier

Ø  Open access platform

Ø  Overlay services to consumers, businesses, and government

Ø  Secure transaction


 Due to the changing payment platform around the world, Australia proposed to bring NPP. So what are you waiting for? Be the change around you!

We @CloudPloys provide information and software services, for you to be aware of the new technologies around the world and to develop a new technology for the world.

Cloudploys - blog poster (1)

Data Analytics – Understand the world around you through “Data”

by BusinessDigitalTechnology

I think from the title, you might have the idea about what we are going to read about. Exactly, we are going to read about Data Analytics. 

What is Data Analytics? It is the process of gathering all the raw data and analyzing it to determine the pattern and making decisions. However, knowing just this is not enough to understand the whole concept. So, let us dive into the entire concept of Data Analytics.

Concept of Data Analytics: Data Analytics is a wide term as any type of information can be used in Data Analytics, it helps determine the taste and trends of the market. Analyzed information can be used to help make better decisions and growth of business. 

For example: 

  1. Manufacturing Company gathers machine run time and down time. Through that information, they can analyze and determine the hours of workload so the machine works at its full capacity.
  2. Marketing companies use Data Analytic to figure out the demand, supply, taste, trends, and season of the market and then help accordingly to introduce products and services in the market.
  3. Gaming companies use data analytics to determine the need to make changes in game. Such as, to reward schedules for players who play for a particular time which keeps them active in the game.

How to Analyze Data? What is the process?

  1. Determine the data requirement according to the group, such as, by age, by education, by experience, etc.
  2. Collect data through different sources such as, online, agency, existing surveys, or personnel questionnaires.
  3. After collecting data, organize it accurately to analyze it.
  4. Then clean up before data analytics. This process helps ensure there is no error or duplicate data. After cleaning up, it is then used to analyze Data.

 Types of Data Analytics:

  1. Descriptive Analytics: This type, describes the data in the particular period and helps compare it to the past. For e.g. – Comparison of sales between last month and present month.
  2. Diagnostic Analytics: This type focuses on why something occurred. For e.g. – Did the winter season affect ice cream sales?
  3. Predictive Analytics: This type focuses on determining what will likely happen in future. For e.g. – How will an IPL match affect the environment of Covid lockdown?
  4. Prescriptive Analytics: This type suggests a course of action. For e.g. – this summer we should take this action and sales will increase by 15%.

What are the benefits of Data Analytics:

  1. Optimize and improve business performance.
  2. Helps reduce cost.
  3. Helps make better decisions.
  4. Helps analyze trends, taste, and demand of the market.

 Who uses Data Analytics?

Several sectors have adopted Data Analytics. But to name a few, almost every travel, marketing, accommodation, and almost every service industry uses Data Analytics. Manufacturing industries also use Data Analytics to grow business. Health care industries use it to determine the number of patients and revenue of the particular financial year to compare with previous years.

 We @Cloudploys provide accurate information for you to understand the concept. We @Cloudploys provide service of Data Analytics. Data Analytics is crucial for every business and helps grow and reduce cost. Now, it is on you to decide whether to acquire such effective technique or not. Stay tuned for more!

Cloudploys posters (1)

Can tech help you to manage the cost of living?

by BusinessDigitalTechnology

Technology has brought several improvements in business. It has brought concepts of automated solutions. The benefits of technology are beyond expectations. It helps improve productivity, revenue, customer relationship, ease of storing and accessing information reduces human error by automation, etc. However, knowing this much does not help conclude. Therefore, let us discuss a few technologies, which affect the cost of living.

1. Cloud Computing: Cloud computing is the storing and accessing data and programs over the internet, instead of your computer’s hard drive and data storage. Question remains the same, how does it affect the cost of living?

  • Cloud computers reduce staffing costs. The staffing cost in the organization is usually high. Because IT professionals are expensive. With cloud computing, everything comes with the package. If there is a malfunction in server or other hardware in cloud computing, it is their responsibility to repair or upgrade it. It does not cost our business anything.
  • Also, cloud computing reduces the cost of hardware. Business does not need to spend much on equipment, which can be very expensive. Cloud computing helps reduce the cost of equipment in case of moving out business to another location.

2. Customer relationship management software: Customer relationship management software (CRM) is a software that has different applications to help businesses manage clients, contacts, customer data, marketing, contracts, sales, etc. It is normally used to manage business-customer relationships and it can be used by businesses of any size. Question remains the same, how does it affect the cost of living?

  • CRM software helps businesses eliminate the possibility of misplace invoices. CRM helps store all invoices and make you chase the bills, which are pending. Therefore, it will help you decrease liability. CRM software is a mixture of many software. Every software has its yearly subscription fees. Therefore, instead of paying for every software and increasing expense, CRM only asks you once a year for a subscription.

3. Business-to-Business integration: Business-to-Business is not a new technological concept. It has been in existence since the 1960’s. It is the integration, automation, and optimization of key business processes that are outsourcing. A good example is receiving orders from customers electronically instead of mail. It makes it easy for businesses to confirm order details quickly with accuracy. B2B integrations also connect external suppliers electronically, which makes it easy for businesses to track down shipments, portfolio of warehouse or distribution centers, and automate warehouses, etc. But, how does it help reduce cost?

As you read above, B2B integration helps keep track of everything electronically, which reduces the need of staff. Therefore, less staff less expense on staffing.

By now, I guess you understood how important it is for technology to grow. Technology mentioned above are just examples of how tech reduces cost. If you go deep into this topic, you will find more technologies that help in managing the cost of living. Investment in technology is considered a one time investment, once you pay for it and then you could use it forever and it never fades away because it can always be upgraded. We @Cloudploys provide help with such software, which will help you keep track of everything in business and reduce cost. We @Cloudploys personally develop these types of software in the best interest of our clients. Stay tuned and contact @Cloudploys for more.

Cloudploys posters (14)

How to build a business on Amazon FBA?

by BusinessDigitalTechnology

What is Amazon FBA?

FBA stands for “Fulfillment By Amazon”. It is a service industry that helps grow business. Amazon FBA takes care of receiving, delivery, customer support, sales return.

How does Amazon FBA work?

Wholesaler and Retailer have to register their business into Amazon FBA application/website. They then have to send products to the Amazon FBA center and after that everything like, receiving orders, delivering products, customer care support, sales return, etc. is taken care of by the center. In return, FBA takes a small proportion of profit as a commission.

How to start your business with FBA?

Ø  Step 1:- Set up your FBA account

Ø  Step 2:- Create a manifest of your products.

Ø  Step 3:- Prepare to transport your products according to requirements to FBA fulfillment centers.

Ø  Step 4:- Ship your products to FBA fulfillment centers.

 

What is the pricing plan on FBA?

Ø  Selling plan:- $0.99 per unit sold / $39.99 per month

Ø  Referral fees:- 8%-15% per unit

Ø  Fulfillment fees:- Depends whether you ship orders on your own or by FBA.

Ø  Other costs:- Depends on whether you acquire a premium account or long-term storage.

What are the benefits?

Ø  Listing your products on FBA, eligible for Amazon two days free shipping. It means your product is eligible to have free Amazon fast delivery.

Ø  Amazon is a trusted company, customers trust Amazon to provide good quality products and support/care 24×7. Therefore, indirectly customers trust your products and buy them.

Ø  Increasing sales day by day. FBA helps grow business scale enormously. There are around 2 million FBA sellers according to 2021 reports.

Ø  Amazon FBA is growing 10-12% at a stable rate every year, which indirectly states the chances of your business growth is about 10-12% every year.

Ø  Amazon FBA is cost effective. FBA charges according to per unit sales or per month depend on your plans.

We @Cloudploys provides you with facts and processed information on specific topics. #Amazon FBA is surprisingly covering the market of #Shopify as well. It will be an interesting competition between Shopify VS Amazon FBA. However, it is on you to decide whether to take your business to the next level by registering it in Amazon FBA or not.

Cloudploys posters (2)

Are tech companies hiding the truth of war crimes?

by BusinessDigitalTechnology

What are “War Crimes”? 

War Crimes is breaking an International Humanitarian Law and offense of war laws by committing crime against civilians such as torturing war prisoners, killing civilians in cold blood.

How do tech companies hide the truth of war crimes?

According to tech companies, they do not hide the “truth” of war crimes, rather they are protecting the policies regarding the content. For e.g. take one famous social media, obviously there will be children, weak heart condition people, emotional and mentally disturbed individuals who use social media. Now, if we were to say, someone posted highly disturbing or violent content on a social media platform, all those above mentioned people are going to see it, which will leave them with trauma. If content is less disturbing, with the proper context that content can be allowed to stay on the platform. If not, the company has to remove it from the platform. 

So what are the contents related to war crimes that go against policy?

  • Terrorist activity
  • Violent content
  • Offensive content
  • Adult content

War is messy and it is something that a person could never forget if they saw or experienced. War includes terrorist, offensive, violent and disturbing activities. Supposedly, there is a war going on between X and Y countries. X is very powerful in comparison to Y. Therefore, X declared a war on Y. Y country is in crisis and people are dying. 

Is it possible that there are no other crimes being committed by X country except the ones that are being forecasted on television? 

No of course not! Supposedly, there is Z Company, which is a platform for users to post small videos and photos. If someone posted a video of war crimes on the platform of Z Company. Z Company will remove it from the platform immediately. 

Now where is that deleted content stored? 

The answer is: In Z Company’s data storage. Every truth, every video, every photo of war crime is stored in that. Mystery solved!

Is it illegal for tech companies to hide the truth? If not, are they wrong to do it?

It is legal for tech companies to hide the truth. Honestly, they are not hiding anything. They are just following their policy and regulation. 

But are they wrong to do it? 

Partially, yes! Also, as explained earlier, allowing such disturbing and violent content is harmful to those users. Therefore, they are partially correct to remove such content.

Now after knowing a two sided perspective, it depends on you as an individual to decide if removing evidence of war crimes from websites is good or bad.

Stay tuned for more interesting articles from @Cloudploys. We spread the knowledge we gather because we believe that everyone has a right to know and learn! 

Cloudploys posters (5)

Managed IT Services

by BusinessDigitalTechnology

What is Managed IT Service?

Managed IT is a business model in which your information technology is managed by an outsourced service provider. A managed service model, on the other hand, is frequently subscription-based, with providers agreeing to pay a monthly fee in exchange for continuous system maintenance.

Why do we think Managed IT Service is Important?

Managed IT will not only help recover the disaster if anything happens to your data center or any of your hardware but it will also save you time and money as well as provide you peace of mind when it comes to uptime and downtime. COVID-19 and remote working have only compounded the need for contemporary firms to have up-to-date IT.

Still Confused?

Managed IT ensures that your devices:

  • Are always up to date with the latest security features

  • Ensuring your network is always up and running

  • The VoIP phones always ring 

  • All sensitive data is secure and backed up

Transitioning to new IT processes and systems, however, is not easy. A reputable MSP (Managed Service Provider) will be able to provide you a thorough assessment of your present IT infrastructure. Then, depending on the results, they can give recommendations to ensure the future viability of your company’s IT. For example, one simple tip we frequently offer to our clients is to update their Wi-Fi router to a Wi-Fi 6 system, which increases capacity, connection, and security.

Furthermore, Managed IT services have become valuable assets in the previous year, collaborating with businesses to adjust to pandemic-related constraints. They assisted clients in implementing remote working and added value via many business resilience solutions.

What Can a Managed IT Support Service Do for Your Business?

The specifics of what a Managed IT plan comprises may vary depending on your company’s unique demands and skill set. Most managed service providers, for example, can provide a basic package of daily assistance as well as more advanced packages.

Some of the features Includes:

  • Disaster recovery

  • VoIP

  • Onsite engineers

  • Server maintenance

  • Backup recovery

  • Printer management



We @CloudPloys make sure to help businesses by providing the best Managed IT services along with remote monitoring and management to identify, diagnose, and troubleshoot potential problems before it becomes a hassle for the company. Not only this, but we also provide companies with a wide range of solutions. More on the “Managed IT Solutions” to be covered in our upcoming blog. 

Cloudploys posters (7)

“Cloud Computing” – The New Covishield For Businesses

by BusinessDigitalTechnology

COVID-19 not only sabotaged people’s health but also their businesses, which came to a sudden halt. Gladly, covishield was discovered and came to the rescue of the struggling economy. “Vaccines” saved people’s lives and “Cloud Computing” their livelihood, by stagnating businesses. Reports suggested that the collaborative platforms of the company had about 20 million regular users before the pandemic, which has now reached over 44 million.

Considering all the key factors to see how cloud computing is a lifeline to businesses amid the pandemic we have outlined the following:

  • It eliminates the need of maintaining an IT setup at home

  • The cost only consists of the services & infrastructure used

  • It helps responding to the market demands on time

Not only this, but businesses also heavily rely on cloud computing for many operational strategies.

  • Helping businesses to handle changes in customer behavior

Social distancing and lockdowns were the only two measures the government used to save human lives. As a result, people started spending more time in their home, reading articles, news, making friends through social media, conducting online meetings, streaming web series and shows on OTT platforms, entertainment apps, which resulted in increasing online activities and the number of downloads.

To adapt to this changing behavior patterns of users and help businesses operate seamlessly and successfully, cloud adoption became a necessity.

  • Integrating business ecosystems 

The COVID-19 has made the world realize the necessity of embracing cloud integration and formulating strategies. For SMEs it will be playing an immensely important role in accessing the capacities of large data in the highly competitive market.

Also, it helps businesses efficiently store and manage enterprise data along with the security. Not only that, but also speeds up the processing of data and makes the creation and distribution of the new apps available to the user.

  • Helping businesses deal with the unpredictability

It helps the businesses to be prepared for unpredictable scenarios. Getting the work done remotely in different shifts like overnight, handling clients in different time zones. Not only it helped their core industry but also the educational institutions took a revolutionary change. Virtual schools made that possible. Having said that, it enabled the financial wheel to keep rolling.

Thus, “Cloud Technology” along with the Blockchain, Artificial Intelligence, Internet of Things can help businesses in meeting all the ends. Although we know this pandemic dust will eventually settle down, the taste of digital empowerment and cloud tech will always be a dominant aspect of corporate infrastructure. We at @CloudPloys make sure that the digital revolution is upon us.

WFH

Permanent Work From Home – New HR Contract Model

by with No Comment BusinessDigitalTechnology

The most trending HR employee contract model now includes “Work from ANYWHERE” apart from the usual “Permanent |  Full-Time | Causal | Part-Time | etc.” This model essentially allows employees to choose whether they want to be full time at the Office | Home | Office and Home.

Spotify is the latest tech company which has recently adapted this model. The company will adhere to implementing extreme flexibility even around locations, giving employees the freedom to even choose the country and city where they would like to work from. The company has decided to provide co-working space memberships for its employees who choose to work remotely and at the same time desire for a dedicated workspace. Hence, giving them the best of both worlds!!!

We are seeing more and more big-scale companies adopting the remote work model as a more permanent and concrete option due to adversities caused by the Covid-19 pandemic. This framework will give more assurance to companies in leading a more persistent growth. 

With this dynamic shift in workplace concept, companies are at the forefront of reassessing their office spaces across the globe for increased perseverance, flexibility and prosperity to ensure that all of their operations, regardless of the situation, goes on unobstructedly, comfortably and efficiently. The main objective of this new employee roadmapping approach is to ensure that employees in the uncertain long-run have a permanent & backup place where they can perform with focus, collaborate without obstruction, innovate and recreate and the possibility of this should prevail whether at an office/home desk, in a conference room, a cafe or a co-working space.

Spotify is not the only tech company, there are other significant companies like Microsoft, Salesforce, Twitter, Square, etc. who have considered and implemented this dynamic employee contractual setting. Salesforce recently announced to let its employees choose whether they would consider coming into the office again? While Simultaneously emphasizing that the 9-to-5 workday routine is dead. Square and Twitter are letting employees work from home #wfh FOR GOOD! And lastly Microsoft also offered its workers high flexibility to work from home.

 

 

As evidently seen that we have a rising number of companies who are proactively considering remote work as a more permanent option due to the Covid-19 pandemic. I think it is time that all companies should prepare for the same and evolve with the changing time. The world is not the same anymore. In this world only the digitally adept will survive. @CloudPloys we help companies in upscaling and proofing their business against such adversities, so please reach out for a consultation and a relaxed discussion! 

Cloudploys posters (6)

ZipPay VS Afterpay – How are the two different or similar?

by with No Comment BusinessDigitalTechnology

When we talk about buying shares the two most trending shares these days are those of Zip and After pay. But the business models of both are similar that it is hard to identify a clear distinction between the two. The buyers often cannot make a clear comparison between the two.

So here we have listed out a few key features for both:

 ZipPayAfterpay
What does the company offer? Offers buyers an instant credit of $1000 for buying products. It can be redeemed in online or other purchases. The user has the flexibility to decide their instalment repayment plan. Most flexible! Offers buyers to buy now and pay later with four split payments in equal portions deducted fortnightly from the registered credit/debit card. Most convenient! 
Buying Limit Offers an instant shopping credit of $1000 without any need for an initial deposit at the time of purchase. For any order greater than the $1000 value the buyer needs to pay the difference upfront. Offers a total transaction of up to $1000 with the first quarter payment payable by the buyer at the time of purchase. 
Fees & Charges No fee incurred if instalment is paid on time. 0% interest & $0 set up. No fee incurred if instalment is paid on time. 0% interest & $0 set up.
Late or Missed Instalment ChargesCharges $5/month after the first month for any outstanding amount irrespective of how big or small the amount is. 
This means if you pay off before the end of the first month you will never be charged a fee!		Charges $10 for a late payment. However, they do send follow-up reminder emails ahead of time. 
This means if you pay on time you will never be charged a fee!
Summarised Distinction Flexible process, no deposit required Simpler process and get to pay off faster. 
User Eligibility Only available for Australian Citizens and Permanent Residents over 18 years old. Only available for Australian Citizens and Permanent Residents over 18 years old. 
Bank Card Requirements A user must have a valid debit card and be employed with a minimum salary of $300/wk A user must have a valid credit/debit card and sufficient funds to cover the first quarter instalment.

These are the few clear distinctions which might support you in decision making amongst two crucial companies. @CloudPloys enjoy exploring such exciting & enriching topics. So if you are someone like minded and enjoyed reading this blog then stay attuned for more topics yet to be explored!