Tuesday 2 January 2018

Three Keys to Successfully Implementing BYOD

 A successful BYOD strategy implementation involves proper business analysis and determining the right BYOD solution for your business. 
Here are the three keys to a successfully implemented BYOD :
  • Carry out a business analysis and assess mobile application requirements for employees to do a better job and allow access to your company data through mobile devices.
  • Determine the correct software solution to implement BYOD
  • Create a BYOD policy for your business and employees.

Sunday 3 December 2017

The Impact of IoT on the future of Telecommunications

“Internet of Things” holds the immense value that will impact the telecommunications industry translating to wide benefits and improvements in everyday lives of consumers. IoT will add billions of new connected data sources globally by 2020.

Creating New Opportunities
The telecommunications industry owns the wireless and wireline infrastructure through which data travels, it takes up the primary position in the value chain. This position will eventually bring about major IoT opportunities for the telecommunications sector.

Enhancing the Customer Experience 
The IoT revolution enables telecommunication network providers to create value in exceptional ways. IoT technology will enable telecom companies to monitor and plan maintenance more effectively, optimize bandwidth and coverage to boost download times, and improve Customer Service by reducing dropped calls and service wait times.

The potential to bring about significant changes
Driven by innovation and longer-term cost efficiencies, the IoT technology can provide a sustainable, safe, and efficient telecommunication services that benefit consumers, industry, and society by reducing costs and generating revenue from new sources, and also help solve many real-world problems.



Tuesday 7 November 2017

The challenging role of compliance management in the pharmaceutical industry

The Pharmaceutical organizations need to be mindful of patient safety issues so that the failures don’t jeopardize the future of the entire enterprise. Therefore, identifying, analyzing and mitigating compliance risks are essential in developing an effective compliance programme and ensuring the future sustainability of the industry. 

The risks in compliance failure 
The cost of litigation is huge. Legal and compliance failures can cause serious reputational and financial damage to pharmaceutical companies.There are many regulators and enforcement agencies like the Medicines and Healthcare products Regulatory Agency in the UK, the European Agency for  Evaluation of Medicinal Products, and the FDA in the US, that are increasing pressure and making regulation tighter day by day.

Embedding compliance policies in enterprises
Organizations planning to enhance compliance must follow industry best practices and offer the most innovative products in order to stay ahead of the competition and meet customer requirements.The frequency of monitoring and reporting on the KPIs will depend on whether they are event-driven, such as when a new regulation has come into effect, or whether they provide insights into the way the organization is functioning.

Compliance initiatives can be the key to long-term efficiencies
The pharmaceutical industry will continue to face unprecedented challenges amid the increasing regulatory scrutiny.Globalisation, partnerships, transparency expectations, emphasis on innovative technologies and the ever-evolving needs of existing and emerging customers are driving companies to renew their approach to compliance. So a conservative approach to compliance will not be sufficient for the future sustainability of the industry.

The compliance skill set is changing and mature compliance functions have implemented initiatives to develop talent. Companies can be successful only when they are able to sustain their compliance talent pipeline to meet the increasing demand and changing nature of compliance skills.