Over the recent years, technology has played an important role in transforming the banking sector. It has not only helped in advancing the working process of traditional banks but has also taken care of various financial expenditures, such as the cost of maintaining the bank’s infrastructure and human resources.
These financial expenditures affect the services provided by traditional banks, hence lowering the customer satisfaction rate. …
Technology has become a necessity for the modern era. It plays an important role in every human’s day-to-day life and has taken over every other industry across the globe.
Insurance is amongst the last industries to recognize the importance of technology for their growth. During the panel discussion with Andrew Rose, Christian Riepe, David Stubbs, and Dan Smith, moderated by Startupbootcamp InsurTech MD, Sabine Vanderlinden, it was concluded that “Consumers expectations have evolved quicker than insurance carriers and insurance industries need to continue to break down the process and partner with InsurTechs to sort this out”.
The healthcare sector is amongst the fastest growing sectors across the globe worth $8.45 trillion in 2018 and is expected to reach $10 trillion by 2022 according to PolicyAdvice.
This industry takes more than 10% of the GDP of most developed countries while being the largest employer in the U.S.
With the advancement of technology, it has become necessary for the healthcare sector to become advanced in its way of operating, thus creating the need for custom software development.
What is custom software development?
Custom software development is the process of developing software that aims to satisfy the customized requirements…
In early 2020, mandatory lockdown shut down schools and universities, pushing most of the world into emergency remote learning situations. Schools turned to e-learning using online learning management software and other digital solutions to keep education going.
According to FACTS & FACTORS, because of COVID-19, the e-learning market is expected to reach USD 374.3 Billion by 2026 while in 2019, it only reached USD 144 Billion.
Before this outbreak, e-Learning was only preferred by students who were unable to travel to their respective schools and colleges but COVID-19 forced people to stay in their homes which boosted the use of…
First impressions might not be the last ones always. But a first bad impression can discourage you for a long time or even forever.
This is especially true for mobile apps. If your mobile app makes a first bad impression on a user, the user will most probably uninstall the app and might never want to use it again ever.
The prevalence of mobile app uninstalls indicates that users don’t think twice before uninstalling an app and moving on to the next one on the list. This is true for apps across all verticals.
But why do users uninstall apps?
As enterprises increasingly rely on cloud technologies, agile frameworks, collaboration tools, and automation of business processes to enhance operational efficiency, the DevOps ecosystem continues to innovate.
According to a recent study by Grand View Research, Inc., the global DevOps market size is expected to reach USD 12.85 billion by 2025.
This forecast clearly indicates that the future of DevOps is bright.
It also justifies the growing adoption of cloud technologies, business process automation, and agile methodologies in the modern software development world.
This blog post discusses the future trends of DevOps in different fields of IT and their scope.
According to a recent report published by Statista in January 2021, the global voice recognition market size was forecasted to grow from $10.7 billion in 2019 to $27.16 billion by 2025.
With the estimated CAGR from 2020 to 2025 amounting to 16.8 percent, you could imagine the pace at which the voice recognition market is growing.
The report further suggests that by 2024, the number of digital voice assistants (or virtual assistants) will reach 8.4 billion units — a number higher than the world’s population.
Now, that’s something worth noticing.
With the rise of Artificial Intelligence and virtual assistants…
Technology has changed the human way of living. We now live in a modern society that almost operates with the help of different technologies. Artificial Intelligence (AI), over recent years, has become an important part of this society. It refers to the process of programming machines to think and act like humans. It allows machines to sense and learn human behavior, and take decisions based on its collected data.
Artificial Intelligence development, over time, has gained immense popularity due to its widespread adoption by businesses of all sizes. It has made data collection an easy process and has given rise…
“Any sufficiently advanced technology is indistinguishable from magic.” — Arthur C. Clarke (Clarke’s Third Law)
As far as technology advancements, specifically in the mobile app development world are concerned, we have come a long way, to a point where they have become indistinguishable from magic.
These advancements continue to shape the trends in mobile app development.
With the mobile app development market evolving at a break-neck speed, it has become inevitable to be acquainted with the latest trends that dominate this industry. That is how you can serve your users with the best experience.
According to Statista, in 2023, mobile…
Do you know how Coca Cola’s largest independent bottling partner, CCBC, overcame the challenges of manual reporting processes? It jumped onto the BI (Business Intelligence) bandwagon. Before this, it didn’t have access to real-time data and ended up spending hundreds of thousands of hours per year handling all the reporting processes manually.
Collaborations between IT teams and business users was a great challenge for the company back then.
But after adopting the BI platform, it automated its manual reporting processes and gained access to real-time actionable data. …