Mastek Blog

How to migrate legacy retail systems to the cloud

07-Jul-2022 06:42:06 / by Darrell Harvey posted in Agile, retail operations, Cloud migration

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'In a data-empowered digital world in which solving customers’ problems has become the key success factor, the traditional model for retail supply-chain excellence has to evolve, and retailers must find ways to offer customer convenience across all touchpoints.' - McKinsey

 

Consumer priorities are changing. Brand loyalty, while not quite a thing of the past, is heavily influenced by customer experience.

The widespread adoption of new technologies has made the customer journey interactive, frictionless and more valuable. Although this is great for the consumer, it puts pressure on retailers to update their legacy systems or lose out to the competition.

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Bits and atoms: the power of supply chain digitisation

01-Jul-2022 08:04:26 / by Darrell Harvey posted in Agile, Digital Transformation, Supply Chain

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By 2023, at least 50 percent of global companies will use IoT, advanced analytics, and AI in supply chain operations. That’s according to this report from Gartner.

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8 thought-provoking examples of AI in retail

23-Jun-2022 07:44:02 / by Darrell Harvey posted in Retail, AI

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McKinsey estimates the potential annual value of AI in the retail industry sits between £300 billion and £600 billion. It's clear the opportunity for companies is substantial.

But what exactly does an AI-powered future look like?

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Why SecOps is needed now more than ever?

26-May-2022 17:41:37 / by Bhavin Shah posted in #DevSecOps #SecOps #IAST #DAST #SAST #RASP

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Impacts of changing landscape

    1. Two years into the deadly and disruptive global pandemic, not only are we continuing to see more attacks, we’re also seeing more actual breaches which results in significant financial losses, reduction in getting new business, losing trust with existing customers.
    2. In today's scenario, most of the organizations has adopted agile methods for software development which has shortened Go-To-Market by deploying changes quickly to production environment. A security vulnerability leak could cause significant damage in no time and cost of such incident might outweigh the security budget
    3. Implementing security keeps getting harder with more threats, complexity, fewer people and hence we see lot more cyberattacks and breaches
    4. Top 3 attacks of 2021:
      1. SolarWinds attack had 18000 customers impacted
      2. REvil hit Apple supplier Quanta with a $50 million ransomware attack
      3. Apache Log4j, a zero-day vulnerability attempted exploit of more than 48% of corporate networks globally.
    5. 2022 so far:
      1. The war in Eastern Europe has triggered cyber warfare (criminal ransomware, hacktivist or other disruptive attacks against government or critical infrastructure) with potential disruptive activities and information operations with the goal of eroding popular sentiment and political will.
    6. Major causes for vulnerabilities:
      1. Current trend as per Trend Micro:
        1. 80% of application code is open source
        2. 2.5x increase in open source vulnerabilities in the last 3 years
        3. 78% of vulnerabilities are found in in-direct dependencies
      2. As per Gartner, through 2023, at least 99% of cloud security failures will be the customer’s fault, mainly in the form of cloud resource misconfiguration.
    7. A 2021 report suggests that because healthcare organizations are less likely to back up their data than those in other industries, they are more prone to paying the demands of ransomware actors. Please refer to Figure 1 for its trend.

 

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Retail Digital Transformation in 2022: Why It Matters & Key Trends

26-May-2022 07:31:00 / by Yesha Gangani posted in Retail, Retail Tech

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5 ways that CEOs can help their business to scale Artificial Intelligence

02-Nov-2021 08:29:17 / by Anjali Sohoni posted in AI, Scaling AI, AI Strategy

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If you learn how to scale Artificial Intelligence (AI), you can create platforms that can be run by both tech and business users to optimize your processes. But before you head down that path, you need to ask yourself this question: How do the best companies get there?

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5 Practical Tips to Help You Become More Productive and Efficient

06-Oct-2021 13:49:00 / by Kaustubh Gubrele posted in workplace, time management, work management, productivity

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More often than not, we all think that we could have completed more tasks in the day if only we had been a little more productive. But, in reality, we end up procrastinating our task list and get overwhelmed by the amount of work piled up in front of us. 

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What is RPA? How is the Emergence of RPA Software Impacting Businesses Worldwide?

07-Sep-2021 06:55:00 / by Kaushal Panchal posted in Digital Transformation, RPA, RPA Implementation, automating systems and processes

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Robotic Process Automation (RPA) robot is a custom program usually used to perform low and middle-level complexity repetitive tasks with/without human intervention. Businesses primarily implement RPA to achieve cost reduction and eliminate human errors in well-defined business processes.  

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How to use predictive analytics in local and central government to identify risks and target resources

05-Aug-2021 13:28:39 / by Dean Richardson posted in Government, Artificial Intelligence, IoT, governance, predective analytics

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The phrase “predictive analytics” holds a lot of promises—about solving problems before they occur, better service outcomes, targeting scarce resources, supporting decisions and improving responses in time critical situations.

With so much opportunity available, how can government start to consider the risks and benefits associated with this technology?

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Transform, Package & Deploy faster and secure with DevSecOps

29-Jul-2021 07:47:52 / by Bhavin Shah posted in DevOps culture, AppDev, Devact, DevSecOps, Security, Automation

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Do you practice DevOps?

It is time to take complete advantage of its agility and responsiveness by including security as an integral part of the entire app life cycle.

Integrate and automate security in your DevOps practice

Many organizations aim to shorten their system’s development life cycle and provide continuous delivery with high software quality. Where DevOps combine a system’s software development and IT operations, the Security team catches the bug & vulnerability during the development stage so that the end sure won’t be facing any errors after the release of the application. It safeguards the application release and the company’s reputation in the public market.
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