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Month: February 2022

5 Roles of Artificial Intelligence in Business

Have you ever realized the fear that due to advanced technology, human capabilities and control are compromising? If yes, then you may be right that AI technology is taking more power with each passing day. The way of living has evolved due to AI; there are different roles that are being played in our surroundings from the workplace to the shopping centers. We, the team of objectual systems limited, are experts in using AI technology with its full potential. We have developed several AI based applications for our valuable clients. No matter, you are looking for the professionals to create the application for your business or any other concern, OSL is the best platform for you. Let’s discuss the 5 main roles of Artificial intelligence:

Finance analyst

According to the Ohio University infographics, the domain of financial analytics will be handed over to AI very soon in the future. This prediction came from the observation of current technology usage for finance based tasks like Google analytics. These AI techs have the ability to analyze the monitoring results and suggest better business decisions. This is one of the great usages of technology that can be done through the right programming and helps businesses to move in the logical manner.

Help desk

It is common to see chatbots when we open a website that asks us questions regarding our concerns on the website. These days’ companies are using technology on their helplines to figure out the customer problem and solve it at a certain level. There is a high expectation that AI will replace the help desk, at that time call centers will be the last thing for us.

Market research

Getting analytics is no longer the game of humans as it is considered the job of AI in the current time. The data taken from the AI statistics is used for the important marketing and finance decisions. On the basis of past trends and results of campaigns, the decisions can appear in a better way. It helps to save the human fatigue of gathering the data that allows making better strategies.

Trend prediction

The trend prediction has been used by the law enforcements so the business also uses this approach to make money. If you are ensure that the data gathering would not impact on your budget then why would not you go for more awareness. AI has made the trend analysis very plain and simple for the companies. As the data is compiled and remembered by the technology and analysis is also done by this that provides users the most logical solution. With the great prediction, the businesses end up with the appropriate decisions.

The Ultimate Productivity Hack is Saying No

You may have heard that not doing something will always be faster than doing it. The statement represents the old saying of the programming fact that says that there is no code faster than no code. This philosophy applies to different areas of life , like there is no meeting faster than not meeting with anyone. That does not mean that you should not do anything, as you need to say yes to most of the things that you are interested in doing. But the important part is to identify the importance of each task. As it is not beneficial to use all the codes, as some of the codes can be deleted as they are useless. You have came across the fact that you find yourself saying certain things. Few days later when you check your task list, you have lots of things to do. At that time we find ourselves being frustrated due to obligations even though we ourselves said yes to them. Do not forget to ask the importance of the task when you are asked to do it. Many of the tasks are not necessary so just say “no” straight away. You will find yourself to become more productive while working on the important tasks only.

Why We Say Yes

People say yes to too many tasks regardless of their interest to do that because they do not want to be rude, arrogant, and unhelpful to our surroundings. Most often, you should consider saying no to someone to whom you may need to work with such as your friends, family, spouse and coworkers. Indeed, it is not easy to say no to these people because we have a special bond with
them. Keep the collaboration mode on with these people because it is the important element of life. The idea of straining the relationship that can disturb our daily life in future is not good.

Due to this reason, you should be helpful with the gracious response to these people. Make sure to behave warm heartedly and welcoming when you are compelled to say no to any task.
Do not hesitate to say no because you would find yourself too over committed to the tasks that can have a negative impact on the level of your productivity. It will not improve your lifestyle so be wise while understanding the meaning of saying yes or no.

The Difference Between Yes And No

It is essential to understand the meaning of the words “yes” and “no”. In reality, they are not just the opposite in the meaning but they are completely different magnitudes in the commitment. When you say no, you are just refusing one option but when you agree to take one, ultimatel you are rejecting all the other tasks. Know the value of your time, be mindful that if you say yes to one thing you are going to spend your valuable time on that task while you can do it on the other ones. So choose wisely the most productive task.

AI Opportunities For Business

There is hardly anyone who does not know about the advancement of AI technologies and the evolution in the world due to artificial intelligence. Due to the opportunities of AI, business is being more innovative to make them distinguish from the other businesses in the sector. That is how AI helps to make things better, create more value and ultimately it delivers great value to the customer. Business innovation is not about the box that can be checked out or forgotten about, it is the consistent effort that is empowered by available methodologies and technologies. Now, that technology is artificial intelligence. Many of the people are familiar with the AI enablers, some of you are familiar with the applications therefore AI is playing the main role in the background. No matter, the point is to inspire others to think differently regarding AI. Same as other technologies, the complete potential of AI is in the process of observation. There are different AI opportunities, some of them are mentioned below:

Robotic Process mechanization

The way of living has evolved due to the robotics process. Humans are living their dream jobs but at some time the period gets monotonous and boring. Some of the jobs are filled with repeated processes that do not need special kinds of innovation. AI is currently used for the robotic process to make the processes cost effective, accurate, and much faster than human.

Logistics & Delivery

The products become valuable when they reach the hand of the customer successfully. The principal reason is that logistics and delivery is important for business. Using the tactics of AI in the supply chain management can help you to gather the data, analyze them and provide insights through the organization also to streamline the brokerage process. Therefore, there is strong speculation that it is most important through network management, and route optimization.

Customer Service

No matter, your customer makes a purchase or not, you need to make sure that you have met the customer’s demand through the customer service. It can be difficult to maintain the superior level of customer support but with the help of AI technology, common concerns of customers can be treated on the spot without needing humans. Simple questions regarding straightforward exchanges, refunds, inventory and so on are answered by the AI techs.

Chatbots

You may have been in the conversation with the chatbots, the trend of chatbots has increased , that is the blessing of AI. It is considered one of the best alternatives of traditional CSR that are indistinguishable from humans. Rapid responses to inquiries, fewer errors, reduced service time, increased customer engagement, capability of handling instant transactions and positive customer interaction are all the perks of bots. AI tactics are amazingly increased. If you think that AI cannot do a specific job then you may be underestimating the power of AI.

If you are looking for the company that can develop the perfect AI based mobile applications then you should consider none other than Objectual systems limited. We have great experience in the creation of successful applications.

How To Build A Portfolio Of Financial Instruments And Securities

The first thing you should consider while creating the portfolio is the tolerance of personal risk. It is the ability to bear the investment losses in exchange of your amount that has been invested for the purpose to earn higher returns. The level of risk tolerance depends on the time period you have before having your financial goals. But the main role that plays in this concern is your mental ability to analyze the rise and fall of the market. If your goals include accomplishing till your retirement and you have many years then you can use your time to ride out the highs and lows of the market. But if you do not have much time then you can miss out on the advantage of playing with the securities in the market. In this concern you need to make calculated decisions. Here are main steps to build the portfolio:

Take Decision Of The Help You Require

When it comes to establishing the portfolio from the beginning like a chore then you need to manage your money without taking the DIY route. There are different institutes which help people to manage an investment portfolio while keeping the overall goals and risk tolerance in mind. So if you do not have much experience or ideas then you can take help from such groups to map out the comprehensive financial plan for you.

Select And Account To Achieve Your Goals

It is essential to have an investment account to establish an investment portfolio. There are plenty of kinds of investment accounts that offer different benefits to the investor. If you are working on your non retirement goals then you should consider a regular taxable brokerage account. Prefer the account that is more towards your goals like you can go for a brokerage account with the help of an online broker.

Select The Investment On The Basis Of The Risk Tolerance

Once you opened your account, you will require filling your portfolio with the actual accesses you are interested to invest in. there are different kind of investments, some of them are follows:

  • Stocks
  • Bonds
  • Mutual funds

Decide The Best Asset Share For You

At this point, you would know the securities you want to invest in. But now the challenge is to decide the portion of each asset you need to add in the portfolio. It is the way of splitting your portfolio in different kinds of assets that is known as asset allocation. You need to again go and check your risk tolerance to decide the best allotment of each security. There is one recommendation that you may have heard that decides how much money you should invest in stocks versus other securities. It says that you should subtract your current age from 100 or 110 to find out the portion of your portfolio that should be dedicated to the stock investments. Such as if you are 40, then the rule suggests you allocate your portfolio with the ratio of 70 to 80 percent. Therefore, you can have more information regarding the financial instruments on the website of objectual systems as we have great content on such topics to help you.

AI Technology Enhances Productivity

Artificial intelligence is among the top topics in the business world on the internet. The strong speculation says that AI will contribute nearly $16 trillion to the world economy by 2030. It is going to be a more essential technological aspect in the business world to make it more competitive. Currently, there is great impact of AI in the diverse industries that includes:

Healthcare

The healthcare sector is broadly engaging with AI based technologies that have great effect on each phase of the healthcare pipeline. From the diagnoses of diseases to the streaming of drug research, it allows us to enable more treatments efficiently. There is a great transformation of the health care sector due to AI technology.

Energy

In the energy sector, it is expected to replace smart grids; energy grids age with the advanced AI based technology. It helps to analyze the wide amount of sensor data to automate resources. AI has proved in terms of higher efficiency and the ability to integrate the more diverse in the area of different energy generators.

 Cybersecurity

Cybersecurity is the progressing field in the world that helps companies to keep their data safe and secure. AI solutions are great to extract the significant information from the enormous dataset too complicated for the manual analysts. Moreover, the more access to bad actors to the AI technology, the more effective the solutions of cybersecurity will be identified.

The impact of AI on Business

There is giant investment in the area of AI technology at this moment. AI based startups receive nearly $16 trillion to the world economy by 2030. The entire investment in the business sector is estimated to hit about nearly $16 trillion to the world economy by 2030. The higher involvement of AI technology is contributing in the mentioned domains:

Higher Productivity

It allows enhancing productivity through the automation of mundane tasks.  It is estimated to increase 40% of the work salespeople via the usage of AI solutions.

Higher Employee Engagement

The survey of Gallup has disclosed that 51% of workers in the United States are not engaging with their current jobs. Through his real time analysis, AI has played a great role in improving the engagements of workers. It helps to analyze the random email correspondence to produce the overall outlook on morale. It also helps to detect the problems in the system before they intervene in the performance.

Modifications in Business Finance

AI has an essential impact in the financial sector like automated machine learning, AI enabled enterprise software, science modeling tools and other financial institutions to end up with better decisions.

The year of 2021 is the big year for artificial intelligence because AI has contributed in the different domains of the world. Language processing is a great contribution to enhance deep learning and advanced algorithms. AI has the ability to deal with the human language that expects chatbots to deal with the human concerns with more accurate simulations. Objectual system limited is playing a noticeable role in the advancement of AI technology.

Difference Of Securities vs Stocks

The security in the financial terms is associated with the ownership or debt that can be bought and sold at the specific value. There are several kinds of securities that are widely categorized in debt, derivatives and equity. Whereas the stock is the kind of security that provides the holder equity or ownership to publicly trade the security.

In this blog, we will discuss the different types of security and stocks to understand the difference between them. We, the team of writers at objectual systems limited are contributing properly in the domain of providing rich content on diverse topics. If you want more information in the area of finance, give a visit to our arsenal.

Let’s discuss the security

According to The Security and Exchange Commission, a security is an investment that has a specific value or can be traded in terms of debt or ownership. It represents the investment of the holder that is done to make the profit. The securities sold or purchased on the secondary market. At this current age, the investments have transformed to the completely electronic way as its security proves through the computer file.

Definition of Stock

A stock is one of the important kinds of security that provides ownership to the holder of a publicly traded company. In other words, it is the way to invest in the public to earn more profit from the success of a particular company. The different terms you may hear for security are shares. The share is the smallest denomination of the company stock that means it is the unit of the company’s stock.

Let’s have an example to understand both investments in action with their functions.

You find the company that has the great potential of growth and the value of the company is expected to increase very soon So that you purchase the shares of this firm regardless of the amount. If your prediction were right regarding the company progress then you can earn profit on your shares through selling it in the market. But if you were wrong you can end up losing your amount.

The point of the ownership of the stock is that if you are the shareholder, you get the right to vote for the major decisions of the company. Moreover, you get the opportunity to vote for choosing the board of director’s elections, acquisitions, proposed mergers and so on.

The stock is the kind of security, but there are other important types of securities also:

  • equity
  • debt
  • derivatives

Equity Securities

This type of securities represents the ownership in the company as stocks are also included in this category. These securities are considered more risky than others like debt based .

Debt Securities

These securities are the loan that is given to the company or the state that has the specific maturity data, interest rate and loan amount. The investor needs to pay back the loan with interest at the maturity date such as government bonds, certificate of deposits and corporate bonds.

Derivative Securities

The last category consists of the trading of the asset at the particular price and date. It can be property, commodity and other securities.

Examples Of Web Application Development

If you are looking for successful examples of web applications then you are at the perfect spot. In this blog, we have discussed different great web application platforms to facilitate businesses. Objectual systems limited is contributing in the technology sector through developing the best web and mobile based application, CMS and cybersecurity services. We provide our astonishing services throughout Pakistan and build a rich portfolio of satisfied clients. Some of them examples are mentioned below:

Google Docs

It is one of the best web applications throughout the globe. Google office Docs helps you to create documents, save them through using the Google drive account. One can save these documents in different formats like PDF to print and save them with the colleagues. The best part is that it helps you to work on the same documents with the different people. The other benefit of Google doc is to work on an offline mode so that when the device connects with the internet, all the edits get updated automatically without doing anything with the file.

Pixlr.com

Have you ever used Pixlr.com to edit your photos or videos? If yes, then you must know that this is one of the best web applications for photo editing. It is inspired by the professional photo editing programs that are known as Adobe Photoshop. It helps you to design and structure the program on the spot. If you are a user of Adobe Photoshop then you would feel very familiar with this web application. Therefore, the similarities can go beyond the design as it works with the layers of the system. Same as the compositions are in Photoshop; you should prefer this tool for the sound and suitable tool whenever you need.

Codepen.io

It is one of the best tools for initiation in the web app development industry. You can call it the small HTML that is required to develop the environment in the browser. That means, it is the most useful tool to test the JavaScript, CSS and HTML codes in real time. Additionally, you are able to test and edit the HTML document at the time of creation. It allows you to store in the cloud or share with the codepen communities. Certainly, you can use the community resources to fund the best suited future websites.

Netflix

Netflix is considered one of the world’s best streaming video platforms that is currently in operation. If you are still unfamiliar with the streaming video platforms then let me tell you. It’s like when you want to watch a specific video, you can watch them whenever you want, pause it or watch it later. There are numerous video content available on Netflix that is not present somewhere else. So, watch your favorite series whenever you want with no time and schedule limits. You need to have an account that is paid, once you login so search the title of the movie or the series you are looking for and enjoy in your bedroom comfortably.

What’s your favorite web series domain? Share your opinion below!

 

3 Ways To Retain More Of Every Book You Read

There are numerous advantages of reading books. What I observed according to my experience is that a good book allows you to find new ways to interpret past experiences. No matter you learn the new idea of the model; it works as a software update to enhance your knowledge. It is said by Patrick O’Shaughnessy says, “Reading changes the past.” Of course, this is true if you read the book by heart and remember the insights from it. If you retain the knowledge well then it will compound. In other words, it is not all about reading books to make more with each book.

The prime purpose to read a book should be pleasure or entertainment so that you can gain knowledge automatically with time. In this blog, you will come across the different ways to make more with each book you read.

1. Give up More Books

Spare some time to figure out the worthy books to read, choose the skilled and high-quality books to read. It is not like you need to read the entire book, you should follow the smart tactics to skim like check chapter titles, table of contents, and subheadings. Select the most interesting section you find and read few pages. Perhaps you find the glance at any table of bolded points.  Then follow the most important point, quit the books that are not worthy to read without any shame or guilt.

Each moment of life is very important to waste on average books is not the good idea. The opportunity cost is greater than you think so pick only the amazing piece of writing.

2. Prefer Books You Can Use right away

A great way to improve reading comprehension is to select the books you can use in practical life. Bringing the ideas from different books into one and secure them in your mind. Be mindful to prefer the book that can provide a strong incentive to keep in mind ht material. It is specifically true when something significant hangs in the balance. If you begin the business in a specific domain, then choosing the book that helps you to explore the diverse ways to grow the overall performance of the business is a good idea.

3. Generate Searchable Notes

It is important to make notes on what you read. It is easy you just need to follow some techniques to emphasize the important point and passages. It depends on the format you are consuming like if you are reading on a kindle, you can type our interesting quotes or transcribe notes at the time of reading from your screen. It is not wise to leave the task of reading on your memory, prefer to use every note. You can get your notes into Evernote in three ways such as an audiobooks, EBook or print.

If you are in search of high-quality content on a reading topic or so on then give a try to the blogs of objectual system limited. They have a great arsenal of content that will help you grow in different fields.

A Beginner’s Guide To Web Application Development

It is about the year 2015 when I had an idea to create a web application that would allow sharing images, calendar, and store bills and organize shopping for my family as we were a disorganized family. The idea was driving me crazy but the problem was that I did not know how to build a web application even the real concepts behind web application.

In this blog, you will have an understanding of web application development that will clear your lots of misconceptions. It will help you to equip your skills

What is web application development?

The process of web application includes all the steps of creating a web application. The focus is more towards on the interaction with the browser rather than the engineering process. In most cases of website application, it is essential to define the problem, finding out the solution, engagement of users, adopting a tool, and last but not least, establishing and testing the web application.

Let’s discuss what a web application is

There are most people are still unaware of the true concept of a website application. It is referred to as the interactive computer program that is built with the website technologies such as CSS, JS, and HTML. The stores the files and database to manipulate data that is used to perform tasks on the internet through single or multiple users. Web application stands for creating, read, update and delete, these are accessed through the web browser like Google chrome that involves the signup and login mechanism.

Let’s discuss the difference between website and web application

The prime difference is the way of interaction with each one. The web application is explained by their input, as we create, read, update and delete data within the web application. Whereas websites are defined by their output that is we read the news, FAQs, marketing information on the website.

What are Progressive web applications?

Have you ever heard about the progressive web application? If not, then you are at the right spot. Progressive web applications are the new type of web application that behaves like and mostly outperforms the native application. These are web application that follows the dissimilar method lies that the others. These applications involve different sets of technologies like manifests, push notifications, and service workers.

 You are allowed to download the progressive web application to your device or store it on your home screen. These are very acceptable and native-like, which is not the same as a web application as you can access them offline.  At this point, hopefully, the concept of a web application would be cleared enough with this blog. If you are looking for a professional IT company to develop a web application for your company then look no further. Because objectual system limited is available at your service around the clock. We provide the best application development service so get connected now!

 

 

What I Do When I Feel Like Giving Up

Do you think that once you achieve your goals you won’t feel like giving up? If yes, then you are not in the right place. Success does not provide you immunity from humanity. Every person has a day when you get down and do not feel like doing anything. Normally such feelings do not go long but what happens if it lasts for days or weeks? It can have a major impact on your life if you want to give up on your relationship or career. Take it as the red flag signal.  In this blog, you will come across the different things you should do when you get such feeling:

1. Find the answer to ‘Why’

According to Sinek, everything begins with ‘why’, no matter what we start with the vision in mind if it is for the job, relationship, goal, or anything else. So it is essential to find the answer to why giving up on anything. Maybe you get the reason that you do not feel happy for doing that thing, maybe you want to switch to another domain as you do no find colors in your current position. It is suggested to revisit your big Why every 90 days to make sure that you are achieving enough.

2. Discover to experience Uncomfortable

Indeed, it is the fact that life is not easy, we are always finding ourselves around obstacles and hurdles that need to be overcome. It is all about the part of the journey. You have choices to treat such things positively or negatively, if you accept the things and do not feel to change then these are going to be tougher for you. Be mindful it will not become roses and sweet-smelling kittens, so it is better to make yourself prepare for change.

If you feel stuck at any stage of your life, go back to reset and revisit your goals. No matter, it is about the relationship or the career. You need to readjust the things reenergize yourself.

3. Succeed through Persistence

Once said by Winston Churchill, “If you have an important point to make, don’t try to be subtle or clever. Use a pile driver. Hit the point once. Then come back and hit it again. Then hit it a third time-a a tremendous whack.”

The concept of persistence is considered the main element if you want to win. No matter you feel like giving up so many times, be persistent to deliver the best result.

4. Contribute to Your Goals

You wake up one day with the goal. That can be anything like quit smoking. You started your day with a good breakfast and missed smoking, but you do not feel to share this with anyone because you do not trust yourself. In this situation, you should share your goal with your friend who stays with you for most of the time of the day. It will make sure to deliver the promised result to you.