SPC NXT: Top Finalist of 2024 AI Innovation Initiative by IAB
SPC NXT has been recognized as one of the top eight finalists for the category “AI Innovation Initiative of the Year” by International Accounting Bulletin, in the 14th Arena International Accounting Forum & Awards 2024, hosted by Arena International Group. This achievement highlights SPC NXT’s commitment to driving innovation through artificial intelligence (AI) across its […]
Securing Business Applications: Front-end, Backend, and Everything In Between
Business applications play an essential role in maintaining the smooth operations, communication, and data management in a fast-changing business technology landscape. However, as cyber threats are becoming more sophisticated, the security of these applications is subject to a greater challenge. Today, 26% of all breaches involve attacks on web applications and the average number of […]
IT Infrastructure Security Audits and Compliance Standards
The expansion of IT assets has increased cyber risks and targeted attacks that disrupt businesses. Performing IT Infra security audits can help organizations understand the risks associated with their networks and systems. As global cybercrime costs are expected to reach $10.5 trillion annually by 2025, cyberattacks and new vulnerabilities have been a proven risk for […]
How Specialized IT Helpdesk and Support Transforms US CPA firms
Certified Public Accountants (CPA) firms are always guiding businesses through the financial problems, however sometimes, even these expert firms encounter challenges. Among these challenges, the lack of IT helpdesk and support is an important factor that can negatively impact their client’s trust. IT helpdesk is where problem meets solutions and technology meets support. This blog […]
Modern Infrastructure Security Practices
As more businesses get digitalized and heavily rely on data for crucial decision making, the importance of protecting the resources increases. The rising number of devices connected to corporate networks, users accessing valuable intellectual property via unsecured public networks globally, and the increased generation and consumption of data pose a growing security challenge for many […]
Harnessing the Power of AI for Enhanced Risk Management in Business
AI has been around for way longer than we think. As a basic concept, Artificial Intelligence can be referred to the ability of machines to learn and make decisions based on data and analytics. However, using strategically, AI has the potential to make enormous differences in the way we go about our work. With AI, […]
Application Development Trends In 2024
Technology holds the ability to enhance our daily as well as work lives by efficiently managing a diverse range of tasks, from facilitating connections to organizing schedules and more. As we are transitioning into 2024, new application developments are aiming towards innovative transformations. The development sphere is in a constant state of evolution, driven by […]
Unlocking the Power of RAG in Language Models for Enterprise Solutions
In the dynamic landscape of Language Models (LLMs), a new buzzword is making waves – RAG, short for Retrieval-Augmented Generation. This innovative approach transforms the capabilities of LLMs by seamlessly integrating external information into the language generation process. In this blog, we explore the intricacies of RAG and how it opens up a realm of […]
Transforming Accounting – The AI Revolution
The sphere of accounting, traditionally characterized by precision and adherence to established practices, is experiencing a radical transformation. Certified Public Accountants (CPAs) have long been the vanguards of financial accuracy and compliance, labouring over ledgers with meticulous care. In this new era, however, Artificial Intelligence (AI) has seamlessly transitioned from being a futuristic concept to […]
The Transformative Influence of GPT in the Fintech Landscape
In the dynamic realm of financial technology, the advent of Generative Pre-trained Transformer (GPT), a cutting-edge language model developed by OpenAI, is heralding a new era of innovation. GPT’s prowess in generating human-like text is reshaping the fintech industry, offering a versatile toolset applicable across diverse domains, from advanced chatbots to content creation. GPT in […]
The Transformative Impact of Transformer Models in the AI Landscape
Artificial Intelligence (AI) has witnessed unprecedented growth in recent years, with transformer models emerging as pivotal catalysts in this evolution. These models, rooted in advanced neural network architecture, have redefined the landscape of Natural Language Processing (NLP), fundamentally altering how individuals engage with language-based technologies. This article delves into the genesis of transformers in the […]
Five Compelling Reasons to Implement Intelligent Cloud Management
In an age of rapid public cloud adoption, the question for most enterprises is no longer “why” they should migrate to the public cloud but rather “when.” With major players like AWS, Microsoft Azure, and Google GCP vying for the attention of CIOs, we can anticipate a surge in “Public Cloud Only” enterprises, signaling a […]
The Top Ten AI Use Cases in Enterprise Cybersecurity
Cybersecurity has entered an era where machine learning plays a pivotal role in responding to, preventing, and predicting cyberattacks. A diverse range of machine learning techniques, including Regression, Classification, Clustering, Association Rules, Dimensionality Reduction, and Generative Modelling, are being harnessed, tailored to specific use cases. Drawing from my extensive experience, I have curated a list […]
Business Applications Development Costs in 2024-25: A Deep Dive into Expense Projections!
The realm of application development continues to thrive. Yet, the journey from concept to launch requires a clear grasp of costs. In this detailed cost analysis, we’ll uncover the key factors influencing expenses, break down costs, reveal hidden expenditures, and share strategies to optimize spending. Whether you’re a startup or an established business, understanding these […]
Strategic Outsourcing: Knowing When to Outsource and When to Retain In-House
In the competitive business landscape of today, organizations constantly seek ways to optimize their operations, enhance efficiency, and stay agile. Strategic decision-making plays a crucial role in achieving these goals, especially when it comes to determining whether certain tasks should be outsourced or kept in-house. In this blog, we will explore the concept of strategic […]
A Comprehensive Guide to IT Audit: Phases & Checklist
In today’s increasingly digital world, businesses must ensure that their Information Technology (IT) infrastructure is secure, efficient, and reliable. One of the most effective ways to achieve this is by conducting regular IT audits. In this comprehensive guide, we will explore the various phases and provide a detailed checklist for carrying out a successful IT […]
How Data-Driven Asset Management is Transforming Business Operations Across Industries
In the modern era, businesses across various industries are leveraging the power of data analytics to enhance operational efficiency and cost savings. Data-driven fixed asset management is transforming the way companies manage their resources and make informed decisions. With advancements in sensor technology, data storage, machine learning, and artificial intelligence, organizations can extract valuable insights […]
Maximizing Returns on Investment in Enterprise Resource Planning (ERP) Systems
In today’s fast-paced business landscape, organizations are constantly seeking ways to improve efficiency, streamline operations, and stay ahead of the competition. Enterprise resource planning (ERP) systems have emerged as a powerful tool for achieving these objectives. However, implementing an ERP system involves significant investments, making it crucial for organizations to carefully evaluate the return on […]
Cybersecurity Assessment Checklist
Cybersecurity has become an essential aspect of any business or organization’s operations. With the increasing reliance on technology, there is also a growing risk of cyber-attacks and data breaches. As such, it is crucial for companies to assess and ensure their cybersecurity measures are up to par. However, many information security leaders tend to overlook […]
How Data Analytics is Transforming Risk Management Practices
How to manage risk through data analytics? Analytics for risk management refers to a technology-powered, data-driven approach to managing potential issues or opportunities within an organization. These analytics enable more precise insights into areas where risk can be better managed by identifying, measuring, and forecasting risk based on enormous volumes of data. Senior management personnel […]
SPC NXT At IIA India International Summit 2023
The Institute of Internal Auditor’s ACIIA – IIA India International Summit 2023 was recently held on the 17th and 18th of March in New Delhi, and it was an honor to be invited. This summit is one of the largest platforms for global business leaders to come together, and it provided a platform for thought […]
Future of End-User Computing
End-User computing & End-user services (EUS) are the faces of IT in any organization. EUS is all about providing IT support to users so they can focus on business. It’s about providing support to users when they face issues with their laptops, Desktops, and other such endpoint devices. It is also about fulfilling requests from […]
Organizational Change Management for M365 Adoption
Organizational Change Management for M365 Adoption While in this document I would be sharing my experience with M365 adoption. However, the fundamentals of organizational change management will remain the same for any technology adoption. One of the challenges most large enterprises face is the adoption of any technology or, rather, operationalizing any technology. Some of the […]
Budgeting Automation Management Solution: Tools and Live MIS Reports
Budgeting Automation Management Solution: Tools and Live MIS Reports Budgeting automation management solutions have become an essential part of the modern business landscape. Automation helps companies streamline their budgeting process, saving time and money while ensuring accuracy and consistency. It also reduces the risk of human error and provides better visibility into spending trends. By […]
Cybersecurity Trends to Watch Out For in 2023
Cybersecurity Trends to Watch Out For in 2023 The exponential technology boom has resulted in a fierce battle between hackers and cybersecurity experts. Constant advancements in technology are further intensifying cyber threats and making them more vulnerable. Meanwhile, tech-savvy criminals are becoming more sophisticated at hacking into compromised networks and sensitive data. Consequently, new risks […]
SPC Group Rebrands As SPC NXT, Bolsters Commitment To Technology Blockchain
SPC NXT, a premier Corporate Advisory and Outsourcing Partner, has been undergoing significant digital and cultural transformation since 2015 and has built capabilities to act as a full services company focussing on enabling digital transformation and data-driven decision making for businesses. In January 2022, the Board of the Company adopted a new brand identity to […]
