Archive for June, 2010

Mobile Broadband- Technology To Get Online Anywhere

Sunday, June 27th, 2010



Mobile Broadband technology is proving highly beneficial for the users. It offers an array of benefits to the them. They can now easily surf the Internet sites whenever they feel like. With the help of this latest medium, you can easily get online anywhere without bothering about situations like geographical restrictions, time consumption and many more. It doesn’t matter whether you are a student or a professional. All are free to use this technology. For this purpose, the USB modem need to be plugged into the laptop or computer. You can also use contract deals for taking benefit of mobile broadband deals in best manner.

The mobile broadband offers a high speed connection to the users as it supports a number of high quality network standards like GPRS, Wi Max, EDGE, 3G, UMTS/HSDPA etc. The best part is that you do not need to have fixed telephone lines in order to access broadband connection. The trouble of long term phone lines and the broadband contracts is over now. To have a good broadband connection today is an important concern for the people. The mobile broadband is used for the purpose of carrying out a number of activities. You can access high speed Internet by using mobile broadband technology. It also speeds up the process of business and consumer Internet market.

The technology further facilitates in searching contact details for appointment, research of customers, access of Financial information, Catching Business News etc. Plenty of broadband providers exist in the UK market to deal with the broadband requirements of the users. All these are granting high quality broadband Internet connections. These are O2, 3 Mobile, T-Mobile, Orange, Virgin Broadband, Vodafone etc.

The Advantages Of Wireless Networks

Friday, June 25th, 2010



In this world of modern technology, most people prefer not to connect computers with Ethernet cables because excessive cables scattered throughout their office or home is unsightly. You can choose to install a wireless network to avoid excessive cabling. For a wireless network, there is no need to use Ethernet cables to connect your computers to the DSL or router.

Usually, a wireless network broadcast signal uses one or more wireless routers or wireless access points. The access points or router are provided with an aerial and an Ethernet port. The Ethernet port in the access point must be connected to the modem which is provided by your internet service provider, if you need internet access. If you have to move the wireless network to another place, you can simply transfer and install it in your new location easily.

You can also make a combination of wired and wireless connections with an access point or wireless router. The access point functions as the receiver and radio frequency transmitter and can interact with computers, IP Phones, PDAs and other access points having 802.11 wireless adapters. IEEE 802.11 standard of wireless transmission is utilized in a wireless local area network (WLAN). Certain other wireless networking standards such as Bluetooth are available now. However, 802.11 standard is considered as the most effectual networking solution. Actually, the aim of the developers of this network interface was to connect computers through a local area network. However, it has now been changed and a wireless network interface is also used for Voice over Internet Protocol (VoIP) and internet access.

Based on the surveys conducted so far, it is clear that you can stay connected in your network for a long period each day. If you have a laptop with a wireless connection, you can walk around your office with your laptop without losing the connection. Nowadays, certain emergency services are transferring their confidential data through a wireless network. We can consider this as an evidence for the data security which is provided by wireless network. You can send and share data quickly through a wireless network. This is the main reason why businesses and people prefer this network interface for their data sharing. Another important fact regarding wireless networks is that you can connect to the network easily even from the regions which have poor telecom infrastructure.

Some of the main reasons which make the wireless network interface popular include:

i) Convenience as you can use this network interface at home, the office or anywhere else without hassle.

ii) WLANs are available anywhere in the world at an affordable cost.

iii) If you are moving to a new location, you can transfer the interface and install it at your new location easily.

iv) There is no need for an Ethernet cable to connect computers to each other.

For a business, one of the main advantages in setting up a wireless network is savings. You can access the changes in your business in a short period of time after installing the wireless network. There is no need to spend money on cables and other equipments. The cost of maintaining a wireless network is also less when compared to other network interfaces.

Nowadays, you can buy wireless routers at an affordable cost. Also having a wireless network can increase productivity and improve the working environment in your office.

One of the main drawbacks of this network interface is that it may cause health and environmental hazards. Recent researches reported that the constant use of wireless network interfaces may lead to memory loss, poor concentration, premature senility, nausea and even the hazardous disease named cancer. Some environmental hazards that may occur due the constant usage of this interface are also reported. These hazards occur due to electromagnetic radiation coming out of wireless networks.

Mobile Banking Technology

Friday, June 25th, 2010



If technological revolution is at its peak, One of the notable sectors of the economy where technology is at it helm of affairs with respect to customer service is BANKING. Over the years has banking transcended from a traditional brick-and mortar model of customers queuing for services in the banks to modern day banking where banks can reach at any point for their services. In today’s business, technology has been on the predominant indicators of growth and competitiveness. Entry of new banks resulted in a paradigm shift in the ways of banking. The banking industry today is in the midst of an IT revolution. The combination of regulatory and competitive reasons have led to increasing importance of total banking automation in the banking Industry. . Information Technology has basically been used under two different avenues in banking. One is Communication and Connectivity and other is Business Process Reengineering, both basically focusing on increasing its customer reach. Information technology enables sophisticated product development, better market infrastructure, implementation of reliable techniques for control of risks and helps the financial intermediaries to reach geographically distant and diversified markets The latest revolution seems to happen with respect to mobile banking an attempt to leverage on the synergies of mobile banking technology in telecom and information technology in the banking services.Today, Banks have welcomed wireless and mobile technology into their boardroom to offer their customers the freedom of paying bills, planning payments while stuck in traffic jams, to receive updates on the various marketing efforts while present at a party to provide more personal and intimate relationships. Mobile banking can be classified as Push vs. Pull and Transaction vs. Enquiry that is briefly given below:

o Push Based

o Pull Based

o Transaction

Some of the other features where mobile banking has lent its hand are Fund Transfer & Bill Payment where the customers have the freedom of maintaining account through mobile. Mobile banking has also welcomed other financial services likeshare trading. The latest Information technology revolution enables sophisticated Enquiry Based banking services for Credit/Debit Alerts.

Some of the other outcomes of the Revolution in the banking industry are Minimum Balance Alerts, Account Balance Enquiry, Account Statement Enquiry, Cheque Status Enquiry, Cheque Book Requests and Bill Payment Alerts. The last time that technology had a major impact in helping banks service their customers was with the introduction of the Internet banking. However the biggest limitation of Internet banking is the requirement of a PC with an Internet connection, not a big obstacle if we look at the US and the European countries, but definitely a big barrier if we consider most of the developing countries of Asia like China and India. Mobile banking addresses this fundamental limitation of Internet banking, as it reduces the customer

Requirement to just a mobile phone. Mobile usage has seen an explosive growth in most of the Asian economies like India, China and Korea. The main reason that Mobile banking scores over Internet banking is that it enables ‘Anywhere Banking’. Customers now don’t need access to a computer terminal to access their banks, they can now do so on the go – when they are waiting for their bus to work, when they are traveling or when they are waiting for their orders to come through in a restaurant.The scale at which Mobile banking has the potential to grow can be gauged by looking at the pace users are getting mobile in these big Asian economies.

Revolution of Mobile phones in banking services:

According to the Cellular Operators’Association of India (COAI) the mobile subscriber base in India crossed the 50 million mark in October 2005, which stood at 50.87 million. The explosion as most analysts say, the worldwide number of cellular subscribers will surpass 2 billion in 2005—up from 11M in 1990 and 750M in 2000. Worldwide cellular subscribers are forecasted to reach 3.2B by the end of 2010.Among the leaders in mobile technologies, most aggressive being Korea which is now witnessing the roll-out of some of the most advanced services using 3G technologies, like using mobile phones to pay bills in shops and restaurants. The growth of mobile technology over the last few years has enriched the progress of the mobile banking services. Technologies like IVR, SMS, WAP, J2ME, and J2EE & BREW have revolutionized the use the mobile phones in banking services. Though all the above predictions on cellular base, the Use of mobile technology with respect to banking services is at a very infant stage.

There are a lot of challenges and issues relating to content, security, coverage, technology and connectivity speed are to be sorted out with respect to mobile banking technologies.

Objectives of the Report:

1. To study the technological readiness in relation to the challenges faced by the players particularly the banks with respect to mobile banking in order to enhance global competitiveness by embracing technology and banking services.

2. To study and awareness, expectation and acceptance levels of the

Customers with respect to its use and effectiveness

o2 mobile phones