Blog - Page 27

The global rating platform has announced TOP-2021 of Artificial Intelligence (AI) services’ providers — and CHI Software takes leading positions in it!   A global rating platform named its favorites in AI for B2B in a press release issued on March 2, 2021, by the Washington office (DC, United States). CHI Software was named one of the highest-ranking providers in the rating of 2021 B2B Leaders in the Artificial Intelligence Space.  We have been included in two categories:  Cognitive Computing Companies, where we took 2nd place;  Natural...

One of the easiest ways to run out of money is not to have a plan for spending. Despite the thousands of books and blogs that have been published about the topic, budgeting is always a personal task — just you and your money. But there is a way to simplify the management of your finances: using special mobile applications.  These apps help users to spend money more clearly, and they are an excellent way for startups to...

Ukrainian IT companies have been exploring foreign markets for a long time. Recently, in addition to traditional Europe and America, our developers are beginning to actively cooperate with Saudi Arabia and Asian countries like Japan and Singapore. Katerina Gurba, COO of the CHI Software Development Center, told why her company became interested in the Japanese market, how it found its...

The latest reports show that every week more than 25 percent of people make purchases via mobile devices. Most transactions are done through the merchant's applications. For this reason, global mobile payment incomes crossed US$1 trillion in 2019.   Millennials who have grown up in the universe of gadgets are rapidly changing fintech. People worldwide are moving away from “physical” payments to digital tools, among which wallet applications (e-wallets) are of particular interest. They are useful for both sides of the deal...

Recent research studies show that in 2019, the number of smartphones surpassed five billion worldwide. The majority of owners use mobile devices to make direct peer-to-peer (P2P) payments. The popularity of such platforms is growing every day due to the simplicity, convenience, and high-speed operations processing.  In the United States alone, analysts predict that 52.5 percent of smartphones will have at least one monetary operation per month by 2022. People in other countries are also switching to P2P payments and need an appropriate mobile/web environment. Therefore, by offering such products, you occupy an interesting...

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)...