The platform called an application server is typically used for cloud-based apps for mobile devices like tablets and smartphones. While allowing the right to access and the functionality of the corporate application, the application server serves as the host for the user's business logic. The banking, financial services, and insurance (BFSI) industry are always dealing with new regulations, cybersecurity concerns, an increase in the volume of data being generated, and an increase in the number of transactions.

Hewlett Packard Enterprise HPE has announced that its new on-demand cloud service, HPE GreenLake for Private Cloud Business Edition, has been adopted by the Istanbul Water and Sewerage Administration (iSKi) to replace iSKis existing server and storage systems.

I recently came across an interesting article outlining a recent study by Jie Yu Kerguignas, Olivier Furrer, and Ikle Landry exploring the phenomena of 'Customer Captivity' in the hospitality industry. According to the authors, customer captivity occurs when customers become dissatisfied with a service relationship but feel like they don't have the ability to alter or leave the relationship, due to a perceived need for the service and a lack of alternatives." A sense of captivity can intensify negative emotions such as frustration or a sense of unfairness with the feeling that the customer's needs are going unheard and that they are ultimately powerless to change their situation.

Shares of auto chip specialist On Semiconductor (ON 3.51%) plunged on Monday, falling 19.5% as of 12:44 p.m. ET. The company reported earnings today, and while third-quarter figures came in ahead of analyst expectations, management guided for a soft fourth quarter that was well below estimates.