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The logistics market is dynamic and competitive. Over the past year, it has been “reformatted” not only due to the situation in the world but also because the Internet of Things has entered further into the logistics niche. According to KPMG reports, market challenges are forcing participants to find new growth points for their business and rebuild existing supply chains,...
Read moreRegulatory compliance is a challenge for financial institutions nowadays. If you’re reading this article, you probably agree, just like thousands of entrepreneurs all over the world. Where is that compliance lifeline everyone is looking for? It lies within financial RegTech. Now we know that the RegTech market is booming: with a market size of 6.3 billion USD in 2020, it will reach 16 billion USD in 2025...
Read moreThey say it will be cloudy tomorrow! But it’s not about the weather and overhanging clouds in the sky at all. FinTech solutions are growing fast nowadays. How do you meet all business needs under cloud conditions? Such a high rate of upgrades exponentially increases the need for privacy and demand for access points from any part of the world....
Read moreNot so long ago, artificial intelligence was a tricky invention from fiction books and movies. Today, things have taken a different turn, becoming a part of business reality. We at CHI Software are exploring AI from various perspectives, applying it in numerous domains. In this article, we look closely at AI-based decision-making. In a Gartner survey, 65 percent of respondents...
Read moreRetail has been using traditional methods in analytics and customer relations for decades. But it won’t last forever. What retailers (including your business) do need now is deep insights, allowing them to compete and grow their loyal audience. The best way to get it is to deploy innovative technologies, such as artificial intelligence (AI) and machine learning (ML). And it’s...
Read moreHave you ever thought about the amount of data that surrounds you daily? How about the volume of data in your business life? Here are some staggering stats. Every second of 2020, Facebook users sent 150,000 messages, YouTube users uploaded 500 hours of videos, and Instagram users posted 347,222 stories (according to the Data Never Sleeps report). The question is,...
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