Blog - Page 22

The e-learning niche is not particularly new for the global customer. It was growing before the pandemic, with a value of $138 billion in 2019, and is projected to reach $404 billion by 2025, according to the Holon IQ report “Sizing the Global EdTech Market.” Although the latest market trends were unfavorable for many industries, they provided an extra boost to online learning and made entrepreneurs take a closer look at the sphere.  Apart from that, one can’t deny...

A suitable actor for a relevant role has never been as important as today’s changing business requirements. Especially when the next digitalization wave is gathering momentum each day, and businesses need robust tech solutions that will handle the workload, complete all business tasks, and meet clients’ needs. It’s often the case when a company doesn’t have enough resources, and it...

Fintech is one of the main areas of software technology used today. Banks and financial companies are actively investing money there, and the future of this market is definitely promising. It is evidenced by the growth in the number of fintech startups: from 2018 to 2020, 72 percent (from 12,000 to almost 21,000). Large-scale transformations concern, first of all, mobile solutions in...

The last year showcased how even well-established systems can fall in a moment due to unforeseen circumstances. And even how one person’s food preferences can break down the world’s economy for an uncountable period. Companies across the globe were critically endangered. Then came the chaos, and software development companies were no exception to this. Organizations, teams, and people were forced...

In the past decade, the amount of information processed by commercial organizations has grown exponentially. This information, known as big data, can bring many benefits to businesses, but only if it is worked with correctly. Without proper preparation and processing, big data doesn't add much value.  The impact of data science is especially visible in retail and e-commerce. Industry analysts highlight that more than 75 percent of...

Car insurance is one of the oldest and most popular fields of the insurance industry. Given the prevalence of vehicle policies, insurers can access a plethora of opportunities by mastering the digital world and exploring their options online. In the last decade, insurers have begun to do just that, and the insurance industry landscape has changed markedly.  More and more...