Logistics is the backbone of international trade, significantly contributing to the global economy, with the industry generating 8.4 trillion euros in 2021 and expected to reach 13.7 trillion euros by 2027. The year 2024 promises significant advancements in logistics, driven by AI and machine learning, which will revolutionize route planning,...
Artificial intelligence affects every industry. Software development is no exception – all phases of the software development lifecycle change rapidly, from how project requirements are gathered to application design, development, implementation and management. There is even a report showing that generative AI can increase coding efficiency by a factor of...
2020 is a challenging year for the food and beverage industry. With the rise of the COVID-19 pandemic, many companies have suffered huge losses in shipping, delivery and delivery. With food restrictions and different controls in place, people find themselves cooking at home and sticking to basic foodstuffs, which is...
Most organizations in the 21st century believe that enterprise application integration (EAI) anddigital transformation are mutually exclusive. In fact, business integration platform adoptionovercomes many challenges at different levels. It synchronizes recordings, data and disparatetransactions between home offices or in the cloud, using a cloud-based integration system thatsupports multiple integrations. But this...
The global COVID-19 crisis once again emphasized the importance of changing business goals as the world moves away from office working models and towards hybrid live working models. Fast forward to 2022, and the industry is grappling with the absurdity of achieving "higher" productivity and "faster change" with organizations having...
Technological advances are driving fintech development. While there is a growing debate about financial services and technology, industry officials will see 2022 supporting wisdom (AI), smart contracts (blockchain), robotic process automation (RPA) and more.While the technological impact of financial services has been around for some time, a focus on these...
Forward-thinking companies are increasingly investing in IoT application development to enable rapid change and stay ahead of the competition. International Data Corporation (IDC) recognizes the popularity of IoT solutions. IDC estimates that by 2025 there will be 55.7 billion connected IoT devices (or "objects") producing approximately 80 billion zettabytes (ZB) of...
As the "digital mindset first" disrupts all aspects of business operations and the age-old business model of many businesses, businesses are being forced to scale and do smart business faster than ever before. For them, effectively changing business processes using technology and increasing business efficiency through enterprise resource planning (ERP)...
As we all know, enterprise application integration is not an option but a mandatory fact for every business these days. Not only does this allow companies to better understand customer needs, but it also encourages faster decision-making while improving operational efficiency. If companies are looking to create a unified data backbone...
Today, chatbots are used by 1.4 billion people. Companies are deploying the best AI chatbots to allow customers and employees to have one-on-one conversations with her. AI-powered chatbots can also automate a variety of tasks, including sales and marketing, customer service, and administrative and operational tasks. As the demand for chatbot...
