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AI Software in the Workplace – How It Can Upskill Employees

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A lot of credit for the fast-changing way we work goes to artificial intelligence. AI and machine learning are increasingly powering workplace platforms and tools because sophisticated automation tools can relieve workers from tasks that are too dull or dangerous. Therefore, employees can focus more on higher-level work. Artificial intelligence can be utilized to enable individual knowledge workers, boosting their productivity and feeding them timely information furthering key business objectives.

Enterprise software development faced an amazing evolution in the past few years, thus making more and more businesses look for software development services to create integrated solutions that give the opportunity to expand and improve their employees’ experience better than ever.

Simplifying HR

Technological advancements have completely changed the human resources game in the last several years. Modern businesses are frequently global and diverse meaning that they have employees scattered all over the world making HR professionals to struggle with a never-ending paper trail. Positive HR policies and environments are keys to retaining staff long-term, but due to differing policies, processes, regulation, and systems, HR staff have a lot of their time tied up in answering the requests and questions of the employees. Even the simple act of finding how many days of holiday someone has left can result in multiple emails sent across an organization and a lot of documents to look through. Yet, AI enterprise solutions can help by saving valuable time for both the employee asking the question and the HR professional trying to respond. Also, AI can be valuable in automating repetitive recruiting tasks such as sourcing resumes, scheduling interviews, and providing feedback.

Employee engagement

HR professionals put great importance on employee engagement for the success of a business. But what it means to have engaged employees? According to them, engaged employees are the enthusiastic and passionate workers that are willing to work hard to contribute to the growth of the organization that they are working for. for today’s business leader, employee engagement is seen as the holy grail that can make a difference between a company that outperforms its competitors and one that fails to grow. Artificial intelligence is expected to create a healthier, more productive, and accessible work environment for employees. A healthy and safe workplace is known to engage workers in innovation and the process of contributing to a company’s success.

Entrepreneurs have the responsibility to ensure that the workplaces they offer to their employees keep them satisfied, safe, and positive so that they can remain productive and focused on the job.

For example, well-being technology has already become a big deal in the business world because there is strong evidence that suggests that it positively affects outcomes in the workplace. Emotional and physical wellbeing technology is used in workplaces to capture employee information, analyze it and identify workers who struggle with productivity or happiness in the office. A healthy employee is a happy employee who will use their best qualities to contribute to a company’s success.

Create engagement opportunities

Happy and engaged employees are surely one of the more important keys for organization growth. Artificial intelligence integrated into businesses is expected to improve operations and boost employee engagement by creating engagement opportunities. For example, AI-powered solutions can engage remote employees effectively by providing both real-time performance monitoring to the employer and by providing access to business data to the employees from all over the world. Thus, artificial intelligence enterprise software helps employees and employers from all over the world to stay connected and make informed business decisions that contribute to improved business processes and the organization’s growth.

Employee and staff performance monitoring

Employee monitoring often paints a picture of a nagging boss trying to control every aspect of a helpless employee’s life. So, naturally, the idea of monitoring is something every employee hate. However, it is a crucial component in the overall management of an organization allowing both entrepreneurs and their employees alike to understand how their time is being spent. It can help people become the best version of themselves on the job.   AI software can be used for employee monitoring to both enable employers to get their money’s worth out of their employees and help employees get better at their jobs. Humans need motivation to perform efficiently at their jobs and monitoring can be the tool to provide it. for example, employees can use time-tracking software to keep track of how they spend their time and derive valuable insights such as how they can be more productive on the job. Also, employers are empowered to make informed decisions regarding their employees. For example, AI-powered monitoring software can help them to rightly decide which employees qualify for promotions based on their productivity, work ethics, and contribution to the company’s growth.

A solution to the data nightmare

The huge amount of data generated daily is a nightmare and a common reason for stress for employees. One of the biggest challenges in the workplace for employees is to struggle with documents and content scattered in disparate locations across their organization. Workers have to waste a significant amount of time and energy to find a file or document that is crucial for completing their tasks because the business data is hard to access when it is not centralized in enterprise software. AI advancements have set the stage for an intelligent assistant that is designed to help employees do data-oriented tasks such as prioritizing high-importance emails, balance workflows, and attach relevant content to emails. This assistant can make employees’ life easier in this age of information overload that the business world is experiencing.  Leaner information sharing and access boosts higher productivity across the company.

The rise of artificial intelligence has transformed the way organizations manage employee engagement and the way employees work. It can help companies to boost the bottom line through the improved usage of available resources, increased employee satisfaction, and better productivity.

The post AI Software in the Workplace – How It Can Upskill Employees appeared first on 1redDrop.

Source: https://1reddrop.com/2019/05/16/ai-software-in-the-workplace-how-it-can-upskill-employees/

Blockchain

Crypto adoption: institutionalization, regulation and corporate disclosure are key

Crypto adoption on the rise in the world  There is need for a crypto registrar  Years ago, it would have been an anomaly to think that the rate of crypto adoption and acceptance could be recording the level of growth it is currently undergoing. Many, back then, had predicted that the new kid on the […]

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  • Crypto adoption on the rise in the world 
  • There is need for a crypto registrar 

Years ago, it would have been an anomaly to think that the rate of crypto adoption and acceptance could be recording the level of growth it is currently undergoing.

Many, back then, had predicted that the new kid on the block, cryptocurrencies, was going to whither off like leaves in the winter period. But today, that prediction has been proven to be wrong as crypto assets keep waxing stronger every day.

Crypto assets have steadily grown to become a value of exchange, an avenue to invest one’s wealth and also an opportunity to generate both passive and active income. In short, crypto assets have become the new gold in the market.

With this growth, crypto assets are gradually becoming fully institutionalized. The level of crypto adoption and acceptance by the corporate world has led to different industries checking how they can enjoy some of the benefits that blockchain technology offers.

To put it in simple terms, crypto adoption has grown beyond the basic level of what we used to know it to be. As more players join in, there is a growing need for a greater level of transparency and regulations in the working of the industry.

How universal crypto adoption can be achieved

Crypto adoption, as we stated earlier, is on the rise. But the progress and the level of adoption still has a stumbling block which is the scarcity of information and regulations that comes with the declaration of crypto ICO.

As it stands today, different companies have at different times declared ICOs, issued it and at the end, disappeared into thin air. This has made the industry unaccountable and has usually left investors at the mercy of these companies.

For crypto adoption to rise beyond the current level of scepticism shown to it by the corporate world, there would be a need for it to integrate a registry whose sole duty would be to collect, share and verify information made available to it by the crypto companies across the world.

If this is done, one can rest assured that the crypto companies are ready for a massive crypto adoption by the world generally.

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Blockchain

These Are Ripple’s Relocation Options if it Moves Out of the United States

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Ripple has expressed dissatisfaction over the regulatory uncertainty surrounding cryptocurrencies in the United States. Apart from this, the San Francisco-based firm has also decided to act. By moving out of its home turf. But where will Ripple move next? Here are the relocation options.

Ripple’s Asia Options: Japan, Singapore & the United Arab Emirates

When Ripple’s co-founder and Executive Chairman Chris Larsen threatened to move out of the United States over the federal government’s anachronistic attitude towards cryptocurrency regulation, the message was clear.

During a virtual interview with Fortune at the LA Blockchain Summit, Larsen dropped the ‘relocation bomb.’ The Ripple co-founder also added that the US is far behind in the cryptocurrency regulation game compared to its counterparts. To the point that it actually risks losing its financial innovation edge to China (in particular).

Continuing his commentary, Larsen said that the U.K. and Singapore are the most probable destinations for the company to relocate if it moves base out of the country.

However, yesterday, in an interview with Bloomberg, Ripple CEO Brad Garlinghouse added Japan and the United Arab Emirates too to the list of Asia options. Elucidating the reason for extending the list, he said:

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The common denominator between all of them is that their governments have created a clarity about how they would regulate different digital assets, different cryptocurrencies.

He reiterated Chirs Larsen’s stance about the United States’ uncertain regulatory roadmap. He also referred specifically to the conundrum of categorizing cryptocurrencies into a commodity, a currency, a property, or security.

Moving out of the US is more of a compulsion than a desire, Mr. Garlinghouse explained. Ripple would have continued to operate from their home turf if the cryptocurrency regulation scenario was not colloidal.

Ripple is definitely a proud US company and we’d like to stay in the US if that was possible, but we also need regulatory clarity in order for us to invest and grow the business.

Love For London And The United Kingdom

Apart from Asia, Ripple is also strongly considering the UK as an option. This became clear when in an interview with CNBC, the CEO applauded the clarity regarding XRP’s regulatory status in the country.

“What you see in the U.K. is a clear taxonomy, and the U.K.’s FCA took a leadership role in characterizing how we should think about these different assets and their use cases,” Garlinghouse said.

The outcome of that was clarity that XRP is not a security and is used as a currency. With that clarity, it would be advantageous for Ripple to operate in the U.K.”

This is clearly where the US is failing, Mr. Garlinghouse remarked. Although the U.S. Securities and Exchange Commission is clear on Bitcoin and Ethereum not being securities, when it comes to XRP, the authority has mostly stayed mum, which in turn has left the cryptocurrency’s status ‘shrouded in uncertainty.’

The clarification regarding XRP’s ‘security status’ is crucial for Ripple. Even though the company claims total disassociation from the XRP ledger and the token, it still owns 55 billion of the total 100 billion XRP supply.

Apart from the United Kingdom and the aforementioned countries in the Asian continent, Ripple has also shown interest in Switzerland for setting up its headquarters.

Ripple (XRP) price climbed up higher but not necessarily in response to Ripple’s decision to leave the US. The rally can be mostly attributed to bitcoin rushing for the stars with its explosive break past the $13,000 mark.

Will the cryptocurrency-based fintech firm be able to operate with total and unequivocal regulatory clarity in the above countries? It still remains to be seen.

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Source: https://cryptopotato.com/these-are-ripples-relocation-options-if-it-moves-out-of-the-united-states/

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Blockchain

ETH Cools Off After 13% Weekly Gains, What’s Next? (Ethereum Price Analysis)

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ETH/USD – Bulls Retest Bearish .618 Fib Resistance

Key Support Levels: $410, $400, $387.
Key Resistance Levels: $416, $421, $439.

Ethereum saw a strong 13% price surge this past week as it reached as high as $421 (1.414 Fib Extension). More specifically, the buyers could not close a daily candle above the resistance at the bearish .618 Fib Retracement at $416.

After heading back into $400 yesterday, the bulls have rebounded and are now retesting the aforementioned level.

ethusd-oct24
ETH/USD Daily Chart. Source: TradingView

ETH-USD Short Term Price Prediction

Looking ahead, once the buyers break $416, the first level of resistance lies at $421.50 (1.414 Fib Extension). This is followed by resistance at $434, $439 (August 2018 Highs), and $445 (bearish .786 Fib). $450, added resistance lies at $462 and $475.

On the other side, the first level of support lies at $410. Beneath this, support is found at $400, $387 (.382 Fib), and $377 (.5 Fib).

The RSI is approaching overbought conditions but still has room to push higher before becoming truly overbought.

ETH/BTC – Bulls Testing 100-days EMA Resistance

Key Support Levels: 0.0311 BTC, 0.0305 BTC, 0.03 BTC.
Key Resistance Levels: 0.0327 BTC, 0.0337 BTC, 0.0341 BTC.

Against Bitcoin, Ethereum struggled this week as it dropped as low as 0.0305 BTC. It has since bounced higher to climb back above 0.031 BTC to trade at the current 0.0318 BTC level. It is now testing resistance at a 100-days EMA and must overcome this to head back toward the October highs at 0.0337 BTC.

ethbtc-oct24
ETH/BTC Daily Chart. Source: TradingView

ETH-BTC Short Term Price Prediction

Looking ahead, if the bulls can break the 100-days EMA, the first level of resistance lies at 0.0327 BTC (bearish .236 Fib Retracement). This is followed by resistance at 0.0337 BTC (March 2019 Support – now resistance), 0.0341 BTC (bearish .382 Fib), and 0.035 BTC.

On the other side, the first level of support lies at 0.0311 BTC (.618 Fib). Beneath this, support lies at 0.0305 BTC, 0.03 BTC, and 0.0295 BTC (200-days EMA).

The Stochastic RSI recently rebounded, which put an end to the downward pressure. For a bullish recovery above the 100-days EMA, the RSI must pass the mid-line to indicate bullish momentum within the market.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.


Source: https://cryptopotato.com/eth-cools-off-after-13-weekly-gains-whats-next-ethereum-price-analysis/

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