Blog - Page 23

Regulatory 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...

They 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....

Not 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...

Have 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,...

A smart healthcare solution can save time and lives — and these are not just big words. Tracking one’s health, consulting a doctor, and improving hospital infrastructure are just a few scenarios in which a medical app can be used.  Look at how our lives have changed with the global pandemic. People worldwide started using medical apps more frequently in 2020; in fact, the number of downloads number grew by 65 percent, according to Statista.  These statistics...

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...