Every company needs to periodically update its processes to keep up with the latest trends and technologies. This process is known as a digital transformation, and it’s particularly important for retail companies. After all, the retail industry is currently facing a crisis, pushing companies to try new tactics.
Machine learning (ML) is one of the most important technologies of the last decade, and it shows no signs of slowing down. This technology can gather vast amounts of data and then identify patterns in that data, thereby providing valuable insights for businesses.
Custom software development can play an integral role in the success of a company’s mobile strategy. While generic software may work well enough, it can never meet your company’s precise, unique needs the way that a custom developed piece of software can. You can work directly with your developer to find solutions to common issues your company or your clients face, thereby expanding brand awareness and increasing your earning potential.
The mobile space is growing at a rapid rate, and 2019 will be no different. The upcoming year will see mobile play an even larger role in the tech industry, with global mobile ad spending slated to increase from $135.6 million to $160.2 million from 2018 to 2019, according to Statista.
Natural language processing (NLP) technology has evolved rapidly over the last decade, creating a bridge between humans and computers. NLP combines artificial intelligence and smart algorithms capable of understanding human language. The technology is becoming more nuanced, as it can now understand a variety of accents and dialects. Read More
Soon, we’ll live in a world where our personal devices are equipped with rapid 5G connection speeds. The technology marks the fifth generation of wireless internet technology and is slated to offer network speeds of more than 1Gbps. With 5G, we’ll be able to watch YouTube videos in full HD, engage in truly immersive Augmented Reality and Virtual Reality platforms, incredible online gaming experiences or stream 4K HD content (and even 8K content) on a regular ”wifi-free” basis anytime and anywhere. Read More
Class is back in session, and there’s an exciting new kid in the world of academia: artificial intelligence (AI). The technology is changing the way lecturers teach and students learn by enhancing the role of mobile applications in the classroom and creating a more personalized educational experience.
The Internet of Things (IoT) space is currently one of the most exciting segments in the tech world. The technology is evolving rapidly, connecting mobile, home and business devices with each other. In fact, the global IoT market is expected to reach nearly $250 billion by the end of 2018 and more than $457 billion by the end of 2020, according to Statista.
Businesses in all industries are leveraging predictive analytics (PA) to make better decisions. The healthcare industry, in particular, has made great strides thanks to PA. The technology is helping healthcare professionals predict diseases ahead of time while providing doctors with data on the most effective treatment options.
Cloud data integration is a key part of any company’s digital transformation. It helps business operations run smoother and faster and lets them handle larger server loads. Cloud data integration also increases server and data security, scalability, and operational flexibility. In fact, LogicMonitor looked at the current state of the cloud and found that digital transformations are the main reason (63%) why businesses adopt cloud data integration. The study projected that 83% of enterprise workloads would be in the cloud by 2020.