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As the business world got deeper into the “software product economy”, the global revenue of the software development market increased steadily and is expected to continue to grow (see Figure 1).
What is DevOps Automation?DevOps automation refers to software development and IT operations teams working in tandem and using automation tools. The purpose of DevOps automation is to minimize the miscommunication between teams and use automation tools to decrease the number of repetitive tasks for allocating more time for more strategic decisions. Such automation aims to optimize the feedback loop and reduce the software development life cycle to provide rapid IT service.
Traditional Method – Waterfall ModelTraditionally, development and operation teams work on different functions and, most of the time, in different physical environments. The teams have different managers, goals, key performance indicators, and strategies. This would cause miscommunications between the groups, slowing down the deployment process.
Before DevOps automation, the most used classical approach to the development cycle was the Waterfall model. The name referred to the linear nature of the progression for the deployment in the model. The model is divided into several stages, and the output of each step is an input for the next step. Hence, the developers cannot implement any modifications once the specific phase is completed. Such complication is based on the linear-sequential functionality of the Waterfall Model.
How did the Waterfall Model work?
Requirement Analysis – The analysis team gathers requirements and finalizes them in a product requirements document that captures the answers to the stages of the process, task division, project milestones, the duration of each phase and the whole process, resource requirements, and key dependencies.
System Design – In this phase, the project workflow is designed. The team decides on what hardware and programming languages they will use and how different parts of the project will operate together for the software.
Implementation – The implementation phase is where the team starts designing the project based on the instructions developed in the previous two stages.
Testing – At this stage, different modules of codes are integrated and analyzed to ensure the effective operation of the project. Usually, software development teams are responsible for the testing phase. However, in some organizations, this responsibility falls on the quality assurance teams.
Deployment – Deployment is when the product is introduced to the buyer/user.
Maintenance – As there may still be bugs after alpha and even beta testing, maintenance is the last phase of the project.
What are the challenges of implementing the waterfall model?Apart from the miscommunication caused by two different teams working on the project, a significant downside of the Waterfall model is that testing is done only towards the end of the project. This disables the team to identify the mistakes and fix them early in the project.
Linear progression characteristic of the Waterfall model also discourages creativity at later stages. The software development team has to make all the decisions regarding the system design in the initial phases, and no addition can be made in later stages.
The waterfall model also has problems regarding testing and maintenance. As development and production environments differ, a bug or a problem occurring in the production environment may not be visible to the software development team and contribute to miscommunication.
Moreover, as the operations team works mainly at the last stages of the process to deploy the product, it is not easy to transfer all the knowledge the development team has about the software to the operations team. This results in co-dependent separate groups that slow down the effective deployment process.
Automation Practices in DevOps as an AlternativeThe primary purpose of DevOps is to optimize the process of development, testing, integration, and deployment with automation, iteration, and collaboration. DevOps cycle consists of several functions such as continuous development, continuous integration, and continuous deployment:
Faster deployment – Through increased collaboration and automation tools, it is easier to move the product from the development phase to the production phase.
Product quality and improved defect detection- Continuous monitoring via application performance management tools finds the errors faster and does not occupy the development team with manual quality assurance. According to a vendor, developers, on average, spend 75% of their time searching for errors and bugs. Hence, having automated error detection significantly facilitates the process.
Increased build and release speed- Development team can allocate more time to the development of updates or new releases that add more value to the business. According to another vendor, traditional OPS are 41% more time-consuming.
Faster “reinforcement” – Continuous deployment allows developers to find the error and change the code without re-creating the development environment. Developers can modify code directly in the production environment.
For more on automationTo explore different IT and DevOps automation solutions, read our articles:
If you believe your business will benefit from a workload automation solution, check our data-driven list of WLA tools, DevOps tools, and DevOps platforms.
To gain a more comprehensive overview of workload automation, download our whitepaper on the topic:
And we can guide you through the process:
Cem regularly speaks at international technology conferences. He graduated from Bogazici University as a computer engineer and holds an MBA from Columbia Business School.
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Intelligent Automation In Finance & Accounting: Guide For 2023
Managing finance and accounting processes can be complex and labor-intensive. To avoid dangerous financial mishaps that can threaten the stability of a company, manual errors should be minimized.
By combining artificial intelligence (AI) and robotic process automation (RPA), intelligent automation can help businesses automate end-to-end finance processes, thereby increasing their efficiency, lowering error possibilities, and allowing staff to spend their time on more value-added tasks.
In this article, we’ll explore 4 use cases for intelligent automation in finance and accounting with 3 example case studies.
1. Accounts Receivable & Accounts PayableManaging accounts receivable (AR) and payable (AP) processes manually is inefficient, error-prone, and can result in delayed payments to vendors, liquidity shortages through short term miscalculations, and dissatisfied employees because of delayed invoice clearances.
AI-powered intelligent bots can:
For AP processes:
Keep track of vendor data and transactions,
Capture data from invoices of different formats with intelligent document processing,
Cross-check invoices against purchase orders,
Route documents to relevant staff for exception handling,
Check for fraudulent documents.
For AR processes:
Auto-generate invoices,
Keep track of days-sales-outstanding (DSO),
Send reminders to customers on the due date in the form of emails with attached payment links
Process payments
Automatically reconcile the balance sheets once payments have been received.
You can also check our articles on accounts payable (AP) automation and accounts receivable (AR) automation.
2. Intercompany Reconciliations (ICR)
Extract and consolidate transactions data from different business systems,
Search for related statements in ERP systems,
Compare balances and send alerts to relevant staff in case of discrepancies,
Create journal entries.
Feel free to check our article on intercompany accounting automation.
3. ReportingFinancial departments prepare several reports regularly, such as quarterly financial statements or profit and loss statements. Error-free and on-time reporting is critical since these reports indicate an organization’s market status and compliance with regulations, as well as serve as a basis for its forecasts. NLP-powered intelligent bots can:
Identify and collect business data from business systems and documents,
Input collected data into designated documents,
Perform necessary manipulations to data,
Generate reports, save them, and send them to relevant staff.
We have articles on financial reporting automation and RPA for reporting. Feel free to check.
4. Financial Planning & Analysis
Aggregate and consolidate data,
Analyze trends in the market,
Perform forecast analysis,
Compare results with forecasts to improve forecast accuracy.
Case studiesFeel free to read our article on intelligent automation case studies. Some example case studies include:
Tech MahindraProblem: Tech Mahindra is a technology service and consulting company with customers around the globe. The company had 15 full-time employees that manually process thousands of invoices with more than a thousand different formats each month.
Solution: The company implemented an intelligent automation solution to automate extracting data from invoices, classifying data, and updating the relevant business systems.
Result: The company reduced the average handle time of invoices by 85% and saved more than 19000 hours annually.1
AvinorProblem: Avinor is a state-owned Norwegian airport operator with 3000 employees. The company serves over 50 million passengers and processes more than 100,000 invoices each year. They were reviewing, booking, and approving these invoices almost manually, which is error-prone and repetitive.
Result: The bot helps process 100,000 invoices each year, speeding up processes by 90% on average.2
For more on intelligent automationFeel free to explore intelligent automation use cases with our comprehensive article.
If you want to implement intelligent automation in your business, we have a data-driven list of intelligent automation solution providers. If you have other questions, we can help:
Sources1, 2
Cem regularly speaks at international technology conferences. He graduated from Bogazici University as a computer engineer and holds an MBA from Columbia Business School.
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Top 10 Cryptocurrencies With Highest Market Capitalization In 2023
Cryptocurrencies’ market capitalization varies based on the price of the underlying trends.
There are hundreds of Cryptocurrencies’
Top 10 cryptocurrencies with the highest market capitalization BitcoinMarket Capitalization: US$615.61 billion Bitcoin, the household name that became the synonym of cryptocurrency, was created with a motive to decentralize distribution, trade, and storing. The bitcoin market is highly volatile with sudden surges and plummets. In 2023, the digital currency was traded at US$20,000. Just in a year, the price fell to half of its previous value. Despite its instability, Bitcoin has made a remarkable stance in the cryptocurrency market and also inspired crypto investors to try their hand on other cryptocurrencies. Unfortunately, Bitcoin’s recent market trend is not impressive. Following Elon Musk’s decision to not accept Bitcoin at Tesla and China’s crackdown on Bitcoin mining, the digital currency is hitting the ground hard. However, crypto enthusiasts say that this is a temporary fall of Bitcoin and it will return with an even stronger ground in the cryptocurrency market.
EthereumMarket Capitalization: US$290.32 billion Ethereum, supported by the Ethereum platform, is a blockchain-based cryptocurrency. Digital currency is considered a safe place to invest compared to other cryptocurrencies because of the blockchain platform that handles it. Ethereum is a decentralized public ledger for verifying and recording transactions. In the current market scenario, Ethereum is having a tough fight with Bitcoin. Following the fall of Bitcoin, Ethereum is getting a stronghold in the digital currency market. The digital currency’s 10-day average trading volume has doubled toward 80% of Bitcoin’s from the start of 2023. Crypto enthusiasts predict that it won’t be long until Ethereum takes over Bitcoin in market capitalization.
TetherMarket Capitalization: US$62.32 billion Tether, a blockchain-based cryptocurrency, is backed heavily by an equivalent amount of traditional fiat currencies like the dollar, the euro, or the Japanese yen, which are held in a designated bank account. Formerly known as Real coin, Tether was launched by Tether Operations Limited in 2014. Unlike many cryptocurrencies, Tether is designed as a stablecoin that is attested to real-life assets or commodities to ensure stability in value and lower volatility in the market. Even though the digital currency saw wide purchase and exchange over the past few years, the questions on its reserves with the US dollar remain unanswered. Recently, Tether has extended its wings into Avalanche blockchain.
Binance CoinMarket Capitalization: US$53.39 billion Since the beginning of 2023, Binance Coin saw a drastic surge in value. The digital currency has put itself at the forefront as Bitcoin and Ethereum’s challenger. Remarkably, following the attraction that Binance Coin has got, many crypto investors also bought Binance Coin to try their hand on the fourth-largest cryptocurrency by market cap. However, that doesn’t make the digital currency break its US$433 record. Elon Musk and Bitcoin’s break-up also had a negative impact on Binance Coin, dropping the cryptocurrency’s price by 15% to US$365.48 this week. Fortunately, the digital currency also bounced back to its rate immediately and is maintaining stable ground.
CardanoMarket Capitalization: US$48.88 billion Cardano, the proof-of-stake blockchain currency, shares characteristics and applications with other blockchain platforms like Ethereum. The altcoin has been performing well since last week. Recently, big crypto investors also picked Cardano as their top choice, thanks to all the promising developments that the cryptocurrency has made in the past months. Cardano core team is looking to join the functional ranks of Ehterum and other competitors with its planned implementation of smart contracts. Even though the coin is priced at just US$1.85, its value surged over ten times since the beginning of 2023.
DogecoinMarket Capitalization: US$41.90 billion
XRPMarket Capitalization: US$39.53 billion XRP is a cryptocurrency that runs on the XRP ledger, a blockchain engineered by Jed McCaleb, Arthur Britto, and David Schwartz. Unfortunately, digital currency is not performing well in the market. Recently, in a single day, Ripple’s price fell by 10.77%, marking the largest one-day surge since its inception. This has eventually brought down the market cap by 2.60%. Ripple is also on a tough court fight with the US Securities and Exchange Commission (SEC) to prove that XRP sales are beyond the jurisdiction of the US watchdog.
USD CoinMarket Capitalization: US$23.04 billion USD Coin (USDC) is a stable coin pegged to the value of US$1, so it makes it easy to sell users’ crypto assets for virtual fiat currencies. Even though the digital currency’s price is not appealing, its stability and coordination with the market rate make it worth a try. Recently, Visa announced its plans to settle transactions in USDC on the Ethereum blockchain. Today, many crypto investors use USDC to interact with decentralized finance (DeFi) programs.
PolkadotMarket Capitalization: US$19.96 billion Polkadot is a recently launched cryptocurrency that made it into the top 10 list. Created by Ethereum’s co-founder, Gavid Wood, in 2023, the digital currency expands on the functionality of its predecessors with the goal of building a decentralized internet. Compared to Bitcoin and Ethereum that can process roughly three transactions per second, Polkadot can process more transactions in parallel. Recently, an Asian blockchain incubator and venture capitalist announced that it had launched a US$30 million venture capital fund called Master Ventures Polkadot VC Fund.
UniswapMarket Capitalization: US$13.40 billion
How To Copy Files Faster In Windows 10
The faster you can copy files on your Microsoft Windows 10 computer, the better. You may already be happy with the speed of your computer copies files, but wouldn’t you want to try a method that can improve the current copying speed?
The good news is that there are a few methods you can try and speed up the copying process. Some are easier than others, but they all have the same goal in mind; to help you copy files faster.
Basic File Copying Keyboard MethodsSome primary keyboard shortcuts to copy include:
Ctrl + X – These keys will cut a file and moves it to the clipboard for future pasting.
Ctrl + C – Copies any file without cutting it.
Type Ctrl + V – Shortcut to paste the text you’ve copied.
Ctrl + Shift + N – To create a new folder. You’re going to need to paste your text somewhere.
Alt + Left/Right – Helps you move back and forth among the folders.
Copy Windows Files Faster by Changing USB PortsSometimes by doing things such as changing USB ports can help improve the speed the files are copied. This should be one of the first things you try when the copying speed is slower than usual.
Outdated drivers can also slow things down when copying files. To update your computer’s drivers, you’ll need to visit the computer manufacturer website. You should be able to find the drivers in the support section, if not, you can always contact customer support for more information.
Get More File Copying Power With RobocopyRobocopy is a feature that Windows has built-in, so there is no need to download any third-party software. This feature will speed up the file copying process, but you will need to use the Command Prompt.
If you’re not familiar with the Windows Command Prompt, you may want to try other methods.
When the Command Prompt is open type robocopy /? After pressing Enter, you should see copying options. With these shortcuts, copying files on your computer will be a lot faster.
You also have the option of using Windows Powershell but as an administrator.
An example of how you could use Robocopy to copy files from one place to another would be the following. Let’s say that you want to copy files from your user profile to a folder you’ve named Backup.
The basic formula to use Robocopy is to type Robocopy origin–destination and then the command. To properly copy those files you would need to enter the following command: Robocopy C:UsersJudy F:TheBackup / E.
Change to an SSDIf you’re not sure if you have an SSD or an HDD, you can tell by how old your computer is. Desktop PCs will have a high chance of having an HDD (hard disk drive) that is slower than modern SSD (solid-state drive).
SSDs will deliver better performance (faster copying speeds) and will last longer. SSDs will also help you save energy and will help keep your computer cooler.
Free File Copy SoftwareThere are also various software utilities you can try out and for free. For example, there’s TeraCopy. TeraCopy is a free Windows software that is designed to skip any problematic files and will always try to work on the fastest channel.
ConclusionTop 3 Ways To Slow Down Time Lapse On Iphone In 2023
Time Lapses are a great way to capture long static footage whether you’re interested in the weather or the landscape. Not only do they help provide an artistic touch, they also help save space on your device by only capturing a fraction of the usually needed frames.
However, if you’ve tried to capture a time-lapse on your iPhone then you might have realized that there’s no visible way to control the speed of your time-lapse.
This can be quite a hindrance in a creative workflow and if you’re in the same boat then here’s how you can slow down your time lapses on an iPhone.
Can you control the speed of a time-lapse video?
No, there is currently no native feature on an iPhone by default that allows you to control the speed of your Time Lapse videos. However, if you’ve recently bought a new device then chances are that iMovie is pre-installed on your device.
iMovie is Apple’s free comprehensive video editor that has the ability to alter the time of your captured time lapses.
If preferred you can also use a third-party app to slow down your time lapses instead. Follow the next section to help you along with the process.
Related: How to Loop a Video on iPhone
How to slow down time lapses on iPhone
We recommend you start by using iMovie to alter the speed of your time lapses. Third-party apps can sometimes face issues slowing down time lapses that haven’t been captured through the app.
If iMovie can not get you the desired final result, you can try using one of the third-party apps mentioned below instead.
Method 1: Using iMovie
Download iMovie on your device using the link above if it is not pre-installed. Once installed, open the same and tap Movie.
Tap and select your Time Lapse from the previews on your screen. Time Lapse videos will have a small icon for the same in the bottom left corner of the thumbnail.
Tap Create Movie at the bottom.
The video will now be added to your timeline. Tap and drag the play head to the beginning of your video.
Tap on your video to select it. It should be highlighted in yellow once selected.
Tap the Speed icon at the bottom.
Tap and drag the slider to adjust your speed. Drag it to the left to slow down your time-lapse.
You will be shown the new length of your video in your timeline as you adjust your speed.
Once you’re happy with the changes, tap Done in the top left corner.
Tap the Share icon at the bottom.
Tap and select Save Video.
And that’s it! The slowed-down time-lapse will now be saved to your Photos app.
Related: How To Duet On Instagram Reels [Workaround]
while iMovie is a native app you get with your iPhone, you can also use a third-party app to slow down time lapses on an iPhone. Use either of the apps below depending on your preferences.
Method 2: Using Skyflow
Skyflow is a time-lapse app that allows you to capture and edit your time-lapses as needed. Follow the steps below to help you along with the process.
Download and install Skyflow on your device using the link above. Once installed, open the app and tap the Camera icon at the top.
Now frame your shot and tap the Interval icon and adjust how frequently you wish to capture frames.
Similarly, tap the Duration icon and adjust the duration of your Time Lapse.
Now adjust your other camera settings as needed and tap Start to start recording your video.
Tap Stop once you’re done recording.
The video will be now be saved to your gallery. Now tap the Back icon.
Your captured videos will now be available in the Skyflow gallery. Tap and open the recently captured video.
Tap the Rabbit to adjust and slow down your time-lapse.
Drag the slider to your left to slow down your time-lapse.
Now adjust other settings for your time-lapse if needed and tap the Share icon.
Tap and choose your export settings as needed. You can adjust the following options for your time-lapse.
Format
Resolution
Frame Rate
Quality
Rotation
Tap Export once you’ve made your choices.
The video will now be exported and saved to the Photos app by default. You can use the options on your screen to either save it to the Files app or share it to your preferred social media or cloud storage platform.
And that’s how you can use Skyflow to capture and adjust the speed of a time-lapse.
Related: Best iPhone and Android Apps To Create Videos With Background Music
Method 3: Using InShot
InShot is another video editor that you can use to slow down time lapses on your iPhone. Follow the steps below to help you along with the process.
Open InShot on your device and tap Video.
Grant permission to access your photos based on your preferences and you should now have access to thumbnails for your photos and videos. Tap and select your Time Lapse from the previews on your screen.
Once selected, tap the checkmark in the bottom right corner.
The video will now be added to your timeline. Tap and select Speed from the tools offered at the top.
Drag the slider to adjust the speed of your video. Move the slider to the left to slow down your time-lapse.
Tap and switch to Curve if you wish to selectively slow down or speed up your video.
Tap the checkmark once you’re happy with the speed of your video.
Now tap the Share icon in the top right corner.
Adjust your export settings as needed. You can alter and change the following aspects of your final video.
Resolution
Frame Rate
Format
Tap Save once you’re done.
The video will now be saved to your Photos app. If you wish to save the video to your Files app, tap Other and select Save to Files.
And that’s how you can adjust the speed of your Time Lapse using InShot.
Related: How to Combine Videos on a Mac Using Apps Like Quicktime and Shotcut
Other Third-party app alternatives
Here are a few other video editing apps that can help you adjust the speed of your Time Lapse on an iPhone.
Related: How to Airdrop Between Mac and iPhone
How To Recruit Top Talent In A Competitive Labor Market
Focus on what employees value
Industry-leading companies will always be able to outbid for employees who are focused primarily on total compensation, so startups and smaller enterprises shouldn’t plan on winning bidding wars. However, smaller and more nimble companies can offer something that can be more difficult for their larger competitors to provide: flexibility.
As you consider the perks you use to lure potential employees, look for low- or no-cost benefits that employees may value highly. Employees who have grown accustomed to working from home may want to maintain that arrangement. Parents may want to take personal time in half days to attend school events without expending an entire day. Staff may want to work on cross-departmental projects to learn and grow or have a guaranteed opportunity to meet directly with company leadership to express their ideas and concerns. Employees who are thinking about retirement may want to know that their benefits package is managed by one of the expert provider firms.
In discussions with applicants, stress that you see the hiring process as a conversation rather than an offer to be accepted or declined, and encourage them to think creatively about and ask for what truly matters to them. You may not be able to give them everything they want, but at a minimum, it may remind them that working for a more entrepreneurial company can mean more flexibility and a greater focus on their needs.
Look inwardOftentimes, employers look outward when hiring when they could be looking at their existing talent pool instead. Your business may have junior employees who are well suited for development and promotion.
Though the stereotype is that Gen Z and young millennials jump from job to job, Ryan Jenkins, co-author of Connectable: How Leaders Can Move Teams From Isolated to All In (McGraw Hill, 2023) and founder of chúng tôi said that doesn’t need to be the case.
“When it comes to attracting, retaining and engaging young workers, the answer is connection,” he said. “Employers have to create environments, whether in-person or remote, where workers feel seen, heard and valued. When you do that, job performance improves by 56 percent.”
In the right environment, young employees can even become assets for recruitment. “Workers are 167% more likely to recommend their employer when they feel connected to their colleagues,” Jenkins said.
Focusing on improving employee retention rates, not just among junior employees, can be a smart strategy. A Work Institute study found that three-quarters of employee turnover is due to preventable causes and that the No. 1 reason employees leave is for career development. With this in mind, give your highest achievers, and indeed all employees you want to stick around, opportunities to sharpen their skills and move up the ladder.
When an employee asks for a raise or a new title, remember that saying “no” may necessitate replacing them, thereby creating new costs that far exceed the request. However, Jenkins stressed that money is not the only factor in keeping employees happy; it can be just as important to create and maintain the kind of culture that makes employees want to stay. “When individuals have a strong sense of belonging and connection at work, they have 313% less intent to quit,” Jenkins said.
Tip
You can track your employees’ performance and determine who might be ready for a promotion by using one of the best HR software platforms, many of which include career development tools to help coach your employees.
Another way to keep employees satisfied is to ensure that human resources functions, including payroll and benefits administration, are efficient and reliable. Working with a top-tier professional employer organization can be a cost-effective way for smaller companies to handle these tasks. When employees do leave, find out why by conducting an exit interview.
Hiring is hard, but it’s not impossibleTalented employees are the lifeblood of a successful company. With smart recruiting, hiring and compensation strategies, many of which are free or low-cost, you can separate your company from the pack and attract top talent.
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