We are collecting more data than ever before as the Internet of Things (IoT) expands and more devices become connected. Many companies are gathering big data, which consists of extraordinarily huge data sets containing information on everything from user interactions to asset performance. This data can be extremely useful to…
FinTech is a young industry that is quickly developing and attracting substantive investments. According to Marketwatch, the approximate value of the global FinTech market will reach $305.7 bln by 2023, expanding at a CAGR of 22.17% between 2018-2023. This becomes possible due to several factors – the rapid growth of…
When Blockchain first appeared, only cryptocurrency-related businesses and investors had a clear vision of how to implement this cutting-edge technology for their business development. Today, Blockchain has evolved into a versatile solution that helps companies from various industries enhance their customer experiences and improve their working processes. The decentralized nature…
The future of mobility promises seamless, automated, and personalized experience. Modern automobiles are equipped with numerous digital solutions making them convenient to use, safe to drive, and smart. Due to digitization, the cost of creating and manufacturing a new car model has enormously increased. The automotive manufacturers and suppliers must…
In 2021, PHP is remaining one of the most used back-end programming languages for building web solutions. This programming language is fast, flexible, simple, and offers an extensive set of tools for effective web development. That must be why 79% of all websites are created with PHP. PHP offers many…
IT outsourcing has always been a viable way to cut down on development costs while tapping into the best IT talents. Today, while the rest of the business world is only starting to explore the advantages of remote work, IT outsourcing is booming. IT services market size was estimated at…
In the age of massive business digitization and the release of numerous mobile and web apps, it’s getting harder for companies to make their digital solutions stand out. Now, business apps go further than just being a tool to solve customers’ problems. They should also provide unique user experience and…
E-Commerce has been showing unprecedented growth since the Covid-19 pandemic hit the world and it’s proceeding to surpass the forecasted levels. According to Adobe’s research, e-Commerce business increased up to $183 billion, reaching the total sum of $884 billion spent online from March 2020 to February 2021. And 2022 is…
In today’s fast-developing world distance is becoming a less important factor that determines the availability of labor resources. Now, small companies and large businesses can find and hire their employees online and outsourcing is becoming a new norm in various industries. In the IT sphere, outsourcing has been a widespread…
Artificial Intelligence (AI) has become an essential component for effective trade and commerce. It helps businesses to learn more about their customers, better adjust their goods and services recommendations, improve their shipment services, increase marketing efficiency, and much more. In 2020, marketers rated AI among the top 5 digital marketing…