The market for mobile apps is on an upward trajectory that shows no signs of plateauing out any time soon, making it a very exciting space to dabble in. There is huge scope for app development and retail to avoid mobile app launch pitfalls. The market was already valued at US$ 106.27 billion in 2018, according to data released by…
The retail industry undergoes a stark transformation and disruption every 50 years. However, thanks to the rapid advancement of technology and digitalization, the retail sector is also changing right before our eyes. For ages, retail shopping has been strictly an in-person experience. While this exclusive "in-person" venture has evolved to the digital domain, with many retail brands launching their official…
Big Data, Artificial Intelligence, and Data Analytics are the hottest emerging trends right now. These new-age technologies are transforming and redefining almost all industries, including healthcare, education, retail, BFSI, manufacturing, supply chain & logistics, transportation, and eCommerce. Thanks to the digital transformation driven by disruptive technologies like AI and Big Data, the eCommerce landscape is rapidly evolving to cater to…
In the last decade, Software as a Service (SaaS) has emerged as a lucrative business model, especially for eCommerce companies. According to Statista, the global SaaS market will reach USD 157 billion by the end of 2020, with Salesforce, Microsoft, and IBM taking the biggest chunks of the global SaaS market shares. Today, SaaS is so huge that it has…
When you run a business, the first thing you must do is to figure out the unique needs and requirements of your trade. The next step is to identify the best possible sources from where you can acquire the resources for your business. In other words, you must embark on a vendor search. This is where a request for a…
Right now, the world is grappling with the seemingly irrevocable consequences of the pandemic, COVID-19. Not only has the pandemic marred the global healthcare infrastructure, but it has also crippled the socio-economic landscape of over 200 countries. In the wake of this pandemic that has confined us within our homes, both business operations and work ethics are witnessing a radical…
Artificial Intelligence and Machine Learning have presented us with a host of incredible technological innovations. AI-powered virtual assistants are one of those pioneering innovations that are helping transform the world around us. Smart virtual assistants like Alexa and Google Virtual Assistant can certainly shop online for you, they can do much more than that. Today, these virtual assistants have paved their…
The technological landscape is continually evolving, giving birth to innovations that are rapidly transforming our lives for the better. Augmented Reality (AR) is one such technological marvels that hold the massive potential to transform both human experiences and business operations. Augmented reality creates a totally new kind of environment using everyday devices such as smartphones or tablets, thereby blurring the…
Revenue leakages are the preventable financial losses borne by a company. Even if these usually go unnoticed, they have a negative impact in the long run. Globally, nearly 1-5% of earnings are lost due to unchecked revenue leakages. Poor planning, manual errors, varying price models are all potential loopholes for revenue leakage. As for the manufacturing sector, the reasons for…
The UAE has been at the forefront of digitization and smart revolution for quite some time now. It is, after all, one of the most advanced digital economies in the world, according to the latest edition of IMD World Digital Competitiveness Ranking 2018. In this report, the UAE moved up to rank 17 (one spot up from rank 18 in…
Apple has rolled out its TV app for more than 100 countries including India, Canada, and the United States. The app is going to run across a variety of Apple devices such as iPhone, iPad, Apple TV along with Samsung Smart TVs. The global giant Apple is all set to disrupt the smart TV application and online-video market with its…
The real estate industry is witnessing sustainable developments in streamlining the processes, reducing time and costs through AI-enabled mobile apps. Developers can become a part of this evolution and create a real estate mobile app that is unique in terms of focused business objectives and projected growth. Here is a look at some must-have features of a competent real-estate mobile…
The travel industry is highly dynamic and it has witnessed many changes in the distribution landscape in the recent past. The credit goes to technological innovations and a number of positive disruptions, and changes that will play an important role in future transformation. Here is a detailed explanation of tourism & travel app development technologies that are shaping the future…
End-to-end factory automation is spreading its wings and it is optimizing processes even further. Although the debate about workers losing their jobs has already started, large business organizations are not implementing automation very aggressively. The majority of global manufacturers have already implemented automated systems in their production/assembly lines due to the rise of workforce automation in the manufacturing industry. According…
Automation is much more than robots powering factories and manufacturing plants. Although this indeed is the best example of workforce automation, the concept can be applied in all modern businesses. Whether they be small or large, whether they belong to healthcare, real estate, or the education sector, workforce automation principles can be applied to some of the other tasks in…
With the advent of Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT), the era of digital transformation has begun. Leveraging these technologies in solitude and in combination, businesses around the world are coming up with innovative business models and disruptive ways of customer satisfaction. Showing a remarkable penchant for digitization, Asia has emerged as the leading…
The dawn of Data Science has made chatbots truly ubiquitous. Able to do tonnes of routine, and some not-so-routine tasks, they are being leveraged by big names in the industry including Spotify, Sephora, Mastercard, and more. In fact, there are nearly 3,00,000 active bots on Messenger making rounds today! There are enterprises that are replacing surveys with Chabot conversations to…
Today’s retailers are facing a constant challenge in competing with consumer price sensitivity and digital competitors. Providing a world-class experience to the in-store customers has become the only way to differentiate themselves from competitors and new digital entrants. Chatbots for retailers are increasing customer satisfaction levels as they are easy to interact with and become extremely helpful to increase sales and…
Leaders and service providers from the modern hospitality industry across the world are competing with each other to exceed customer experience and provide their guests with a personalized and memorable stay. A compelling technology that has enabled the realization of this goal is artificial intelligence. The application of AI, in the form of chatbots, has gained much popularity in hospitality…
Times we live in are extremely exciting for any startup company. They are not bound by technological inhibitions and can achieve whatever they set their mind to. However, challenges still remain. If you have an idea of how do you bring it to fruition? What if you’re not a technologist yourself or don’t know the one you can partner with?…
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