Blog - Page 25

One of the critical decisions a company makes about a product is its price. Nowadays, merchants require sophisticated pricing strategies to succeed in a highly competitive marketplace and satisfy all consumers' needs. Businesses face two key challenges: optimizing prices and managing income in a constantly changing environment. So, companies use a strategy called dynamic pricing to solve them simultaneously.   The method's efficiency can be noticeably increased with artificial intelligence (AI)...

In the face of digitalization and the pandemic’s impact on business workflows, the investment industry’s focus has shifted to online platforms. They allow wealth to grow, and customers understand it. In Australia alone, the investment platform market was US$680 billion in the first half of 2020, with positive growth of 8 percent in the quarter.   This trend is global and clear for fintech companies and startups. Today, competing platforms...

Loans designed to balance temporary money shortages are an integral part of a market economy. When requesting funds through a conventional method of applying, borrowers have always faced bureaucratic, organizational issues that are highly tedious and time-consuming to resolve. But getting loans is quick nowadays due to peer-to-peer (P2P) lending mobile applications.   Technologies transform our lives, and apps offer end-to-end solutions for easy application approval...

Machine learning in self-driving cars is the way to use technology, whose scope of the application shows rapid expansion recently. Autonomous vehicles (also known as AV) are a "new black" in the world of navigation, long-distance trucking, and industrial and logistic automation as a whole. According to Globe Newswire, the global machine learning market is going to grow at a CAGR of around...