Businesses and governments have recognized blockchain's promise all around the world. More than forty countries have taken steps to integrate blockchain technology into their economies and create a robust and comprehensive blockchain ecosystem.
FREMONT, CA: For today's enterprises, technology has become a vital enabler. It plays a critical role in promoting optimization and efficiency in today's world, in both the public and private sectors. Government and public-sector CIOs have embraced niche technologies to drive innovation and transformation in the country. Adopting new technologies is considered an investment in the country's ability to remain competitive in an ever-changing global economy.
The use of cutting-edge technology like blockchain, artificial intelligence, robots, augmented reality, and machine learning has aided the public sector's long-term growth. This ongoing pursuit of excellence through automation and service digitization has resulted in tremendous social, economic, technological, and environmental benefits. The following are some of the technologies that the governments and the public sectors have quickly adopted to help with the digital economy:
Analytics and Artificial Intelligence (AI)
Citizens' data and behavior can be harnessed by governments and public utilities based on contacts with agencies and digital platforms. The data acquired in this way can be processed using AI and analytics tools. As a result, citizens can benefit from the intelligence gathered by receiving individualized public services, gaining actionable insights, and predicting future trends.
Blockchain
Businesses and governments have recognized blockchain's promise all around the world. More than forty countries have taken steps to integrate blockchain technology into their economies and create a robust and comprehensive blockchain ecosystem. In comparison to previous versions of the blockchain, Blockchain 3.0 delivers interoperability, scalability, and security. More than half of India's states have started blockchain projects (at the pilot stage) to improve customer service.
Virtualization and Cloud Computing
Cloud computing has drastically changed how IT is consumed and managed, resulting in increased and improved cost efficiency, faster time-to-market, and more scalability of on-demand applications. Virtualization (NFV and SDN) has been a significant driver of cloud adoption across all industries. Even small to larger public sector enterprises in local areas have used cloud computing to promote innovation in ways that would not have been possible if they relied solely on their own resources.
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