Do you know Fintech space is one of the largest growing industries across the globe? Which technological forces are ruling in these industries? How AI comes into the role here? What will be the AI trends in 2020 here?
The Emergence of Open Banking and COVID-19Sam Ghosh
Think about Google if it were only collecting a lot of data but never used or shared that data with anyone. That is how the traditional financial service companies are - they have enormous amounts of data but rarely use that data for any tangible purpose. Dormant data with the financial service providers can be used to not only create new applications but revolutionize credit markets, personal finance, business finance, wealth management, etc. in ways we cannot even totally envisage now.
Open Banking is a practice where banks provide access to consumer data to non-affiliated third parties generally through Application Programming Interfaces or APIs. Open Banking in the coming years is expected to lead a paradigm shift in Banking and Finance.
During the pandemic, the demand side of the equation for Open Banking is rapidly developing with growth in fintech markets and the adoption of digital channels by the consumers.
Both banks and tech companies have immense incentives to grab this opportunity and quickly tap the growth in digital markets and channels.
Concerns about data security, compliance with privacy laws, and regulatory uncertainties are acting as impediments to the growth of Open Banking.
Banks need to act quickly to leverage data to increase their reach and role. Traditional banking is rapidly getting commoditized and banks need to add data-driven value-added services in their portfolio to remain relevant. Value-added services such as personal financial planning, the alternative credit assessment, and real-time payments can not only create new revenue sources for the banks but provide strategic moats in the competitive landscape. Banks can achieve this through strategic partnerships and acquisitions. In-house development is difficult given the cultural shift needed in the banking sector may take time. Apart from that, the IT in the banking sector is generally focussed on regulatory requirements and not data-driven, customer-focused as required for Open Banking initiatives.
Policy uncertainty can severely hamper the growth of Open Banking. Policymakers need to balance caution on security-privacy matters but at the same time clear policy confusion to allow the sector to grow.
As per the Akamai report, “2020 State of the Internet / Security: Financial Services – Hostile Takeover Attempts”, cyber attackers are increasingly targeting API endpoints of financial services.
As per a Gartner report, by 2021, APIs will account for 90% of the attack surface. By 2022, according to Gartner, API abuses will become the most-frequent attack vector.
This is a cause of concern for the Banks contemplating opening up data access using APIs.
State of the internet of things (IoT) market 2016 editionPrayukth K V
2015 was the year IoT gained legitimacy.
Businesses budged off a “start small think big” mindset.
In 2016, they’re building IoT into future strategies and
business models. Companies across all industries now
have IoT squarely on their radar. The worldwide Internet
of Things market spend will grow from $591.7 billion
in 2014 to $1.3 trillion in 2019 with a compound annual
growth rate of 17%. The installed base of IoT endpoints
will grow from 9.7 billion in 2014 to more than 25.6 billion
in 2019, hitting 30 billion in 20201.
The Next Tsunami AI Blockchain IOT and Our Swarm Evolutionary SingularityDinis Guarda
The Next Tsunami AI Blockchain IOT and Our Swarm Evolutionary Singularity. AI is going to change everything? Wrong! AI changed already everything! But… Did we forgot our human swarm intelligence evolutionary nature?
Human, tech, evolution – individual – business - identity?
In this complex ecosystem, what is our human singularity?
What is creativity in a digitalised, blockchain, nano technology - IoT AI evolutionary swarm world? The Internet of Everything needs a Trust Protocol: A Ledger of Everything.
Blockchain tech is the open, distributed, global platform that fundamentally changes what we can digitally, how we do it, and who can participate. A world wide ledger smart contract based tech powered by AI.
Presentation by Bo Parker, Managing Director of Center for Technology and Innovation at PricewaterhouseCoopers. Presentation was shown during the lecture at Digital October technology entrepreneurship center in Moscow, on 26 October.
The Amazing Ways YouTube Uses Artificial Intelligence And Machine LearningBernard Marr
As one of the most popular social media platforms, YouTube uses artificial intelligence in a variety of ways from automatically removing objectionable content to using its enormous data set of videos to train AI algorithms on new skills. Here are a few of the ways artificial intelligence is used by YouTube.
FinTech is more important than ever when it comes to keeping up in the rapidly changing financial industry. Technologies such as cloud computing, data analytics, Artificial Intelligence (AI) and the Internet of Things (IoT) have the potential to cut costs, retain customers and protect against cyberthreats, as long as organizations are willing to invest in them.
See more: http://ms.spr.ly/6005pvK4x
The Emergence of Open Banking and COVID-19Sam Ghosh
Think about Google if it were only collecting a lot of data but never used or shared that data with anyone. That is how the traditional financial service companies are - they have enormous amounts of data but rarely use that data for any tangible purpose. Dormant data with the financial service providers can be used to not only create new applications but revolutionize credit markets, personal finance, business finance, wealth management, etc. in ways we cannot even totally envisage now.
Open Banking is a practice where banks provide access to consumer data to non-affiliated third parties generally through Application Programming Interfaces or APIs. Open Banking in the coming years is expected to lead a paradigm shift in Banking and Finance.
During the pandemic, the demand side of the equation for Open Banking is rapidly developing with growth in fintech markets and the adoption of digital channels by the consumers.
Both banks and tech companies have immense incentives to grab this opportunity and quickly tap the growth in digital markets and channels.
Concerns about data security, compliance with privacy laws, and regulatory uncertainties are acting as impediments to the growth of Open Banking.
Banks need to act quickly to leverage data to increase their reach and role. Traditional banking is rapidly getting commoditized and banks need to add data-driven value-added services in their portfolio to remain relevant. Value-added services such as personal financial planning, the alternative credit assessment, and real-time payments can not only create new revenue sources for the banks but provide strategic moats in the competitive landscape. Banks can achieve this through strategic partnerships and acquisitions. In-house development is difficult given the cultural shift needed in the banking sector may take time. Apart from that, the IT in the banking sector is generally focussed on regulatory requirements and not data-driven, customer-focused as required for Open Banking initiatives.
Policy uncertainty can severely hamper the growth of Open Banking. Policymakers need to balance caution on security-privacy matters but at the same time clear policy confusion to allow the sector to grow.
As per the Akamai report, “2020 State of the Internet / Security: Financial Services – Hostile Takeover Attempts”, cyber attackers are increasingly targeting API endpoints of financial services.
As per a Gartner report, by 2021, APIs will account for 90% of the attack surface. By 2022, according to Gartner, API abuses will become the most-frequent attack vector.
This is a cause of concern for the Banks contemplating opening up data access using APIs.
State of the internet of things (IoT) market 2016 editionPrayukth K V
2015 was the year IoT gained legitimacy.
Businesses budged off a “start small think big” mindset.
In 2016, they’re building IoT into future strategies and
business models. Companies across all industries now
have IoT squarely on their radar. The worldwide Internet
of Things market spend will grow from $591.7 billion
in 2014 to $1.3 trillion in 2019 with a compound annual
growth rate of 17%. The installed base of IoT endpoints
will grow from 9.7 billion in 2014 to more than 25.6 billion
in 2019, hitting 30 billion in 20201.
The Next Tsunami AI Blockchain IOT and Our Swarm Evolutionary SingularityDinis Guarda
The Next Tsunami AI Blockchain IOT and Our Swarm Evolutionary Singularity. AI is going to change everything? Wrong! AI changed already everything! But… Did we forgot our human swarm intelligence evolutionary nature?
Human, tech, evolution – individual – business - identity?
In this complex ecosystem, what is our human singularity?
What is creativity in a digitalised, blockchain, nano technology - IoT AI evolutionary swarm world? The Internet of Everything needs a Trust Protocol: A Ledger of Everything.
Blockchain tech is the open, distributed, global platform that fundamentally changes what we can digitally, how we do it, and who can participate. A world wide ledger smart contract based tech powered by AI.
Presentation by Bo Parker, Managing Director of Center for Technology and Innovation at PricewaterhouseCoopers. Presentation was shown during the lecture at Digital October technology entrepreneurship center in Moscow, on 26 October.
The Amazing Ways YouTube Uses Artificial Intelligence And Machine LearningBernard Marr
As one of the most popular social media platforms, YouTube uses artificial intelligence in a variety of ways from automatically removing objectionable content to using its enormous data set of videos to train AI algorithms on new skills. Here are a few of the ways artificial intelligence is used by YouTube.
FinTech is more important than ever when it comes to keeping up in the rapidly changing financial industry. Technologies such as cloud computing, data analytics, Artificial Intelligence (AI) and the Internet of Things (IoT) have the potential to cut costs, retain customers and protect against cyberthreats, as long as organizations are willing to invest in them.
See more: http://ms.spr.ly/6005pvK4x
SME Fintech Opportunity in the Developing CountriesSam Ghosh
There were around 30 million Small and Medium Size Enterprises (SMEs) in the developing countries before the pandemic. 2/3rd of global SMEs were located in developing countries. Developing countries with top SME populations are China, Thailand, Bangladesh, Indonesia, Tanzania, India, and Brazil, etc.
Most of these SMEs in the developing countries are in the informal sector lacking formal financing options and proper business processes. The pandemic has tested these SMEs to the extreme damaging their existing sales channels, supply chain, and financing sources. Governments in the developing countries (ex. China) pushing the SMEs for digital adoption to deal with revenue losses amid social distancing. This policy support can be very beneficial for startups in the sector.
COVID-19 pandemic has accelerated digital adoption in developing countries as consumers are forced to adopt digital channels for services such as education, healthcare, and grocery, etc. At the same time, small businesses are adopting digital channels for survival. This creates a unique opportunity for tech startups serving small businesses in developing countries.
The major problems that the small businesses are facing are revenue losses, operating challenges due to social distancing, lack of credit access, supply-side issues such as labour shortages, raw material access, etc. Tech startups can tap into the market by providing solutions to these pain points - sales platforms to deal with revenue losses, process automation to deal with operating challenges, alternative lending to deal with lack of credit access, HR management technologies to deal with the labour shortages, etc.
Small businesses often do not have defined operating processes. Changing customer preferences for digital modes require that small businesses also define their internal processes. The tech companies in this sector need to hand-hold small businesses by helping them design internal processes. Process automation companies are likely to benefit from this.
Often small businesses are dependent on one or few key people. As the pandemic brought drastic changes to our daily lives, the human aspect of the pandemic cannot be ignored. For example, many female entrepreneurs experienced the increased daily burden of homeschooling their children as the schools were closed. This kind of aspect brings unique opportunities for tech companies to design products for the sector.
The major players covered in the global HR advisory services market are IBM Corporation, Mckesson Corporation, Dell, Tata Consultancy Services, Infosys Limited... @ http://bit.ly/2Pfuwt9
The top seven technology trends for 2020 - dr Mark van RijmenamMark van Rijmenam
We have reached the end of 2019 and just like in previous years, I am looking ahead to see what organisations can expect next year. I believe 2020 will be exciting as ever when it comes to technology. As I said before, we live in exponential times and the more various technologies converge, the more exciting the opportunities become. Thanks to this convergence, intelligent applications and solutions become available, and organisations can increase productivity, become smarter, more agile, automated and eventually also more humane. The convergence of technologies will kick-start the third decade, and the results of it will be felt in the years to come. Therefore, 2020 will be the Year of Convergence.
The report reflects on the role of broadband connectivity and the multiplier effect it has on the larger ecosystem. India is ripe for a Digital rethink, with both government and industry aligning their efforts toward a broadband powered Digital India. Broadband has the power to enable the gigabit society that is always connected. Broadband connectivity has changed the way people
communicate, socialise, create, sell, shop and work. India’s digital consumption patterns highlights the evolution. On an average Indians spend 200 minutes on mobile every day, with the second highest app downloads globally. Almost 79% of the web traffic in India is on mobile.
To realise the Digital India dream, there is a need to strengthen the broadband backbone, which forms a key pillar of this transformation. This report highlights the need for future ready and robust broadband infrastructure and the requisite efforts for expediting its reach.
Indian Unicorns will continue to strengthen through acquisitions in Mobile, M...ProductNation/iSPIRT
With Mergers and Acquisitions (M&A) totaling $2.27bn since Jan 2011, technology majors as well as large Indian ‘Unicorns’ are likely to continue acquiring Indian Technology product startups to fill technology gaps as well as talent requirements. This was among the key trends to emerge from the Think Next Roundtable Report - 2015 India technology Product M&A Industry Monitor Report released by iSPIRT, India’s software products think tank, technology focused M&A advisory boutique Signal Hill and Microsoft Ventures.
Technology is disrupting nearly every part of our daily lives.
Smartphones have allowed us to stay connected to each other at literally every moment of our lives, whether it's on our daily commutes or on faraway vacations.
The Internet of Things (IoT) is making us more connected than ever with smart home devices that can control our lights and thermostats and order food for us with simple voice commands.
Robo advisors are making investing more accessible and more affordable for everyone.
And the list is growing.
Almost every industry has been disrupted by digital technologies over the past decade. And, in 2017 we expect to see more revolutionary developments impacting our businesses, careers, and lives.
BI Intelligence, Business Insider's premium research service, has put together a list of 30 Big Tech Predictions for 2017 across Mobile, Digital Media, Payments, IoT, E-Commerce, and Fintech. Some of these major predictions include:
Autonomous car road tests
Snapchat and Amazon rattling the digital ad space
VR hardware competing with popular gaming consoles
The grocery industry making the move online
Mobile wallets adding value to users
Insurtech ascending with investments from legacy players and tech giants
Social video taking 2017 by storm
Innovation is Key to Growth - Big ideas - 2019 - ARK InvestPaulo Ratinecas
Why Invest in Disruptive Innovation?
ARK believes that disruptive innovation is key to growth.
We aim to identify large-scale investment opportunities
by focusing on public companies that are the leaders,
enablers, and beneficiaries of disruptive innovation.
Opportunities resulting from disruptive innovation are
often undiscovered or misunderstood by traditional
investment managers who are focused on sectors,
indexes, short-term earnings and price movements.
ARK’s research spans across sectors, industries, and
markets to gain a deeper understanding of the
convergence, market potential, and long-term impact
of disruptive innovation.
DISRUPTIVEINNOVATION
ARK defines ‘‘disruptive innovation’’ as the introduction
of a technologically enabled new product or service
that should transform economic activity by creating
simplicity and accessibility while driving down costs.
Top digital predictions for 2017 & beyondAmit Ashwini
Digital business innovation creates disruptive effects that have a wide-ranging impact on people and technology. However, secondary ripple effects will often prove to be more disruptive than the original disruption. Digital strategists must actively identify secondary effects when planning change.
Exploring the Global Fintech Industry- Market Overview with Key Highlights.pptxRed Apple Technologies
To shine in this demanding segment, seeking help from a professional Fintech app development company will be helpful. Some Major Fintech Market Insights that You Should Know in this presentation by Red Apple Technologies www.redappletech.com.
SME Fintech Opportunity in the Developing CountriesSam Ghosh
There were around 30 million Small and Medium Size Enterprises (SMEs) in the developing countries before the pandemic. 2/3rd of global SMEs were located in developing countries. Developing countries with top SME populations are China, Thailand, Bangladesh, Indonesia, Tanzania, India, and Brazil, etc.
Most of these SMEs in the developing countries are in the informal sector lacking formal financing options and proper business processes. The pandemic has tested these SMEs to the extreme damaging their existing sales channels, supply chain, and financing sources. Governments in the developing countries (ex. China) pushing the SMEs for digital adoption to deal with revenue losses amid social distancing. This policy support can be very beneficial for startups in the sector.
COVID-19 pandemic has accelerated digital adoption in developing countries as consumers are forced to adopt digital channels for services such as education, healthcare, and grocery, etc. At the same time, small businesses are adopting digital channels for survival. This creates a unique opportunity for tech startups serving small businesses in developing countries.
The major problems that the small businesses are facing are revenue losses, operating challenges due to social distancing, lack of credit access, supply-side issues such as labour shortages, raw material access, etc. Tech startups can tap into the market by providing solutions to these pain points - sales platforms to deal with revenue losses, process automation to deal with operating challenges, alternative lending to deal with lack of credit access, HR management technologies to deal with the labour shortages, etc.
Small businesses often do not have defined operating processes. Changing customer preferences for digital modes require that small businesses also define their internal processes. The tech companies in this sector need to hand-hold small businesses by helping them design internal processes. Process automation companies are likely to benefit from this.
Often small businesses are dependent on one or few key people. As the pandemic brought drastic changes to our daily lives, the human aspect of the pandemic cannot be ignored. For example, many female entrepreneurs experienced the increased daily burden of homeschooling their children as the schools were closed. This kind of aspect brings unique opportunities for tech companies to design products for the sector.
The major players covered in the global HR advisory services market are IBM Corporation, Mckesson Corporation, Dell, Tata Consultancy Services, Infosys Limited... @ http://bit.ly/2Pfuwt9
The top seven technology trends for 2020 - dr Mark van RijmenamMark van Rijmenam
We have reached the end of 2019 and just like in previous years, I am looking ahead to see what organisations can expect next year. I believe 2020 will be exciting as ever when it comes to technology. As I said before, we live in exponential times and the more various technologies converge, the more exciting the opportunities become. Thanks to this convergence, intelligent applications and solutions become available, and organisations can increase productivity, become smarter, more agile, automated and eventually also more humane. The convergence of technologies will kick-start the third decade, and the results of it will be felt in the years to come. Therefore, 2020 will be the Year of Convergence.
The report reflects on the role of broadband connectivity and the multiplier effect it has on the larger ecosystem. India is ripe for a Digital rethink, with both government and industry aligning their efforts toward a broadband powered Digital India. Broadband has the power to enable the gigabit society that is always connected. Broadband connectivity has changed the way people
communicate, socialise, create, sell, shop and work. India’s digital consumption patterns highlights the evolution. On an average Indians spend 200 minutes on mobile every day, with the second highest app downloads globally. Almost 79% of the web traffic in India is on mobile.
To realise the Digital India dream, there is a need to strengthen the broadband backbone, which forms a key pillar of this transformation. This report highlights the need for future ready and robust broadband infrastructure and the requisite efforts for expediting its reach.
Indian Unicorns will continue to strengthen through acquisitions in Mobile, M...ProductNation/iSPIRT
With Mergers and Acquisitions (M&A) totaling $2.27bn since Jan 2011, technology majors as well as large Indian ‘Unicorns’ are likely to continue acquiring Indian Technology product startups to fill technology gaps as well as talent requirements. This was among the key trends to emerge from the Think Next Roundtable Report - 2015 India technology Product M&A Industry Monitor Report released by iSPIRT, India’s software products think tank, technology focused M&A advisory boutique Signal Hill and Microsoft Ventures.
Technology is disrupting nearly every part of our daily lives.
Smartphones have allowed us to stay connected to each other at literally every moment of our lives, whether it's on our daily commutes or on faraway vacations.
The Internet of Things (IoT) is making us more connected than ever with smart home devices that can control our lights and thermostats and order food for us with simple voice commands.
Robo advisors are making investing more accessible and more affordable for everyone.
And the list is growing.
Almost every industry has been disrupted by digital technologies over the past decade. And, in 2017 we expect to see more revolutionary developments impacting our businesses, careers, and lives.
BI Intelligence, Business Insider's premium research service, has put together a list of 30 Big Tech Predictions for 2017 across Mobile, Digital Media, Payments, IoT, E-Commerce, and Fintech. Some of these major predictions include:
Autonomous car road tests
Snapchat and Amazon rattling the digital ad space
VR hardware competing with popular gaming consoles
The grocery industry making the move online
Mobile wallets adding value to users
Insurtech ascending with investments from legacy players and tech giants
Social video taking 2017 by storm
Innovation is Key to Growth - Big ideas - 2019 - ARK InvestPaulo Ratinecas
Why Invest in Disruptive Innovation?
ARK believes that disruptive innovation is key to growth.
We aim to identify large-scale investment opportunities
by focusing on public companies that are the leaders,
enablers, and beneficiaries of disruptive innovation.
Opportunities resulting from disruptive innovation are
often undiscovered or misunderstood by traditional
investment managers who are focused on sectors,
indexes, short-term earnings and price movements.
ARK’s research spans across sectors, industries, and
markets to gain a deeper understanding of the
convergence, market potential, and long-term impact
of disruptive innovation.
DISRUPTIVEINNOVATION
ARK defines ‘‘disruptive innovation’’ as the introduction
of a technologically enabled new product or service
that should transform economic activity by creating
simplicity and accessibility while driving down costs.
Top digital predictions for 2017 & beyondAmit Ashwini
Digital business innovation creates disruptive effects that have a wide-ranging impact on people and technology. However, secondary ripple effects will often prove to be more disruptive than the original disruption. Digital strategists must actively identify secondary effects when planning change.
Exploring the Global Fintech Industry- Market Overview with Key Highlights.pptxRed Apple Technologies
To shine in this demanding segment, seeking help from a professional Fintech app development company will be helpful. Some Major Fintech Market Insights that You Should Know in this presentation by Red Apple Technologies www.redappletech.com.
Webinar: The Future of FinTech: Insights for 2021 | IntellectsoftIntellectsoft
FinTech companies and startups' changing dynamic forces them to be more adaptive to stay afloat or pivot during these difficult times.
Financial institutions from all over the world change the way people practice their finance. These are all credited to the growth of new digital trends such as Cryptocurrency, Contactless, Trading.
The Intellectsoft webinar "The Future of FinTech: Insights, Trends, and Use Cases Defining the Industry in 2021" offers fintech visionaries access to the unique resources for accelerating the infusion of digital finance in their business.
Watch the webinar to:
- Explore global fintech trends every leader should look out for in 2021
- Reveal how to make your fintech business stand out in the post-digital world
- Discover today's featured examples of Intellectsoft clients' technology solutions that can help you provide better and more efficient services
- Discuss how to evolve in 2021 using emerging technologies and more efficient solutions
Learn more about our financial software development here: https://www.intellectsoft.net/solutions/financial-software-development-services
2018 was a big year for innovation in emerging technologies and the trend will continue in 2019 with lots of exciting opportunities looking forward for us to grow tremendously. Let us look into technologies that will shake the market up.
Significance of IoT for Industries and consumersTechliance
The internet of things (IoT) is a system where machines/devices connect via the internet. Giving users a greater experience is the objective of IoT.
Further information: https://bit.ly/3sAQdER
The Internet of Things (IoT) is actively shaping both the industrial and consumer worlds. Smart tech finds its way to every business and consumer domain there is — from retail to healthcare, from finances to logistics — and a missed opportunity strategically employed by a competitor can easily qualify as a long-term failure for companies who don’t innovate.
Check out more articles at- https://insideaiml.com/articles
Insights Success is the Best Business Magazine in the world for enterprises, being a platform it focuses distinctively on emerging as well as leading fastest growing companies, their confrontational style of doing business and way of delivering effective and collaborative solutions to strengthen market share. Here, we talks about leader’s viewpoints & ideas, latest products/services, etc. Insights Success magazine reaches out to all the ‘C’ Level professional, VPs, Consultants, VCs, Managers, and HRs of various industries
Emerging Technologies: Changing how we live, work and play EY-Mint Emerging ...eraser Juan José Calderón
Emerging Technologies: Changing how we live, work and play
EY-Mint Emerging Technologies Report 2019.
Una gran cantidad de tecnologías emergentes está dando forma a nuestras vidas, posiblemente a un ritmo de cambio nunca antes visto en la historia. Habilitado por el poder de cómputo barato y el acceso a grandes conjuntos de datos, las máquinas ya están haciendo un mejor trabajo que los humanos en varias áreas. Esta "inteligencia" se está alejando de las granjas de servidores centrales hacia dispositivos y cosas que pronto se convertirán en parte de nuestra vida cotidiana. Estos dispositivos potencialmente negociarán su propio camino en nuestro mundo a través de "contratos inteligentes" y sin una intervención humana significativa. La información perceptiva superpuesta sobre estos objetos del mundo real nos ayudará a salir de los dispositivos móviles que han captado nuestra atención en este mundo posterior a Internet. Lo que parece único en este momento actual es la rápida adopción de muchas de estas tecnologías habilitadoras y su potencial para trabajar juntos para cambiar nuestras vidas.
The Next Big Thing In Mobile App Development – Trends 2019!Ajeet Singh
Here’s a fun fact: By 2020, mobile applications are expected to generate a whopping amount of $188.9 billion as global revenue!
The world of technology has constantly been experiencing changes in the mobile app development trends from the past few years, and these changes are only improving our day-to-day lives via mobile and web applications. Mobile app development is a domain that consists of some of the fastest growing industries and they are in no mood to slow down.
So fellas, this presentation shares six major upcoming mobile app development trends of 2019!
Chatbot Statistics 2021 You Cannot Afford To Miss!Maruti Techlabs
Powered by artificial intelligence (AI), chatbots are programmed to answer specific written or spoken language questions. In addition, they recognize simple keywords to solve user’s queries.
Machine learning is the technology behind the development of chatbots which involves:
-A computer program that learns and evolves
-Natural language processing (NLP) to mimic human-generated text and language
Before the advent of the internet, face-to-face meetings and phone calls dominated the communication landscape. Years later, online forms, mobile apps, social media, and emails have taken over as modern forms of communication.
A multitude of industries employ chatbots that help visitors navigate through a website or answer their questions. Given the highly competitive market, customers have increased expectations from brands.
Incorporating chatbots help meet those expectations. Also, AI is constantly evolving, which means that chatbots will become more sophisticated in the future. Hence, we will discuss AI chatbot trends in 2021 that you should consider adopting in your strategy.
Let’s brush up on your knowledge of chatbot statistics 2021.
#Chatbot #digitaltransformation #management #AI
Link to the complete article in the comments below ⬇️
Deloitte Tech Trends 2023 is a comprehensive report that delves into the impact of adopting new-age technologies on ground-breaking innovations and foundational business industries such as BFSI, health care and pharmaceuticals, e-commerce, retail, and manufacturing. This report outlines expected trends that can disrupt businesses.
With the advent of the digital era, technology has continued to be the primary catalyst in shaping the world, and has led to an unprecedented amount of change, both at work and at home. As a result of the pandemic, there has been a significant impact that has begun to break the inertia of digital adoption due to several government policies and initiatives, driving the adoption of emerging technologies across various industries
30 BIG TECH
PREDICTIONS FOR 2017
THIRTY PREDICTIONS ACROSS MOBILE, DIGITAL MEDIA,
PAYMENTS, E-COMMERCE, INTERNET OF THINGS, AND
FINTECH FOR 2017
January 2017
The BI Intelligence Research Team
https://plus.google.com/+BusinessInsider
https://en.wikipedia.org/wiki/Business_intelligence
http://www.businessinsider.com/intelligence/bi-intelligence-all-access-membership
http://www.businessinsider.com/research
https://www.businessinsider.com/intelligence/research-store
BI Intelligence, a research service from Business Insider, brings you and your team business intelligence for the digital age. Our research is fast and nimble, reflecting the speed of change in today's business. We give you actionable insights that enable smarter and better-informed decision-making.
Cloud, mobile and big data have, together, changed the very texture of traditional IT services and programming development.
A great many old IT and tech occupations around the globe confront imminent extinction, thus, rest guaranteed, birthing numerous new ones.
07 factors to consider while choosing an ecommerce payment gatewaySnehaDas60
As we all know, ecommerce portal conversion rates fall as a result of a lack of research when choosing a payment gateway.There are plenty of advance payment channels now that internet commerce has taken over the globe. Choosing the most potent ones, on the other hand, is essential to making the most of it.
For those who have a good understanding of payment gateways, let's look at the important elements to consider when selecting one for your eCommerce site.
Read more......
Top Web Development Company in India | Web App Development Company in IndiaSnehaDas60
Looking to outsource custom web app development services or set up an offshore team?
We have helped many startups and enterprises build world-class B2B & B2C web applications for diverse industries. Till now, we have successfully delivered 13800+ projects to our 4200+ clients with the help of 500+ full-time developers.
Ready to Get Started for Custom Website Development?
Contact us now!
Top Chatbot Development Company in India |Chatbot Development Services in IndiaSnehaDas60
Looking for Chatbot development services? We provide custom Chatbot development solutions applying innovative technologies to enhance interactivity & engagement with your client to the next level. Also, our well-defined and manageable processes are balanced between cost, time and quality along with clear communication.
Our chatbot developers provide highly intelligent and sophisticated Chatbot solutions that can be implemented into diverse domains such as e-commerce, customer support, entertainment, delivery services or healthcare.
Contact us now!
9 good reasons why you must consider python for web applications SnehaDas60
Many coding languages can qualify for the creation of a great product. But which should you choose among them?
As we all know, Python is one of the most popular programming languages of this era. You can use it for both-for building GUI desktops and web applications.
Here in this blog, I have described some of the top reasons you should consider Python for your next web application. Let's read....
HIRE DEVELOPERS IN INDIA | HIRE INDIAN DEVELOPERSSnehaDas60
Do you want to hire developers in India to expand your team? PixelCrayons offers skilled developers who understand your core requirements. Get ready to become a part of us and fulfill your specific business needs.
In our 15+ years of journey, we have helped thousands of startups, small businesses, ISVs, and enterprises to hire top Indian programmers. We have 500+ developers with 5+ years of average experience, and they have successfully completed 13800+ projects.
Contact us!
ECOMMERCE DEVELOPMENT COMPANY | ECOMMERCE WEB DEVELOPMENT COMPANY INDIASnehaDas60
Being India's leading eCommerce development company, we help B2B & B2C clients drive their customers' satisfaction, expand their audiences and boost sales.
With 16+ years of existence, we have garnered 6800+ happy clients. Our 500+ full-time experts have 5+ years of average experience in creating custom eCommerce applications.
Contact now!
The role of technology in fostering e commerce business growthSnehaDas60
The retail sector has gone through tremendous changes in the last ten years. We have also seen a significant hike in the growth of e-commerce industries. The industry has recorded humongous sales figures and increased demand.
According to the e-commerce development stats, worldwide e-commerce sales had reached 4.1 trillion U.S. dollars worldwide in 2020, and it will continue this whooping growth with $5 trillion in 2022.
We have to say that that e-commerce potential is undeniable. The industry has helped many businesses as well as the country in boosting economies. Its applications are diverse and encapsulate almost every business and sector.
Let’s see how this technology is fostering e-commerce growth in society,,,
HIRE WEB DEVELOPERS IN INDIA | HIRE INDIAN WEB DEVELOPERSSnehaDas60
Hire Indian web developers who will provide you with constant communication, secure collaboration, and real-time project updates.
Some of our USP's are: Strict NDA (Non-Disclosure Agreement) Save Upto 60% Development Cost No Timezone Issues 100% Money Back Guarantee
All our developers are highly skilled and experienced in developing the application for different business verticals.
Contact now!
For a few years now, mobile apps are at the forefront of creativity. Mobile apps are assisting companies in remaining important and competitive in the face of rising markets, emerging modern technology, and changing consumer conduct. Millions of people around the world profit from some of the most common apps.
As per the mobile app development stat, eMarketer estimates that American adults will on average spend more than 4 hours with mobile Internet, with 88% of that time within apps.
In this blog I have highlighted the most successful and top installed apps that encourage businesses to continually evolve and expand to help you create an out-of-competition mobile app.
Read more....
How to hire flutter developers? A simple yet comprehensive guideSnehaDas60
It is quite difficult to find flutter developers as it's new so it becomes difficult to such developers who know how to work with SDK.
Read this blog to know all possible hiring options, hiring process and interview questions in order to help you to hire skilled flutter app developers.
Software product development tips to develop a quality software in 2021SnehaDas60
Software development has become an important part of today's technological world. Approximately 90% of businesses agree that designing software is critical to their success.
For developing a quality software comes with its own set of challenges, you need the right set of strategies and planning. Let's learn some best software development tips to guarantee your success in this competitive digital market.
Explore more.....
Xamarin vs react native 5 step comparison guide 2021SnehaDas60
Ever since cross-platform development has geared up, many technologies are up for grabs. Xamarin and React Native are some of these technologies to keep an eye on. But how are they different and which would be better for your project?
Let's compare them.
HIRE SHOPIFY DEVELOPERS | HIRE SHOPIFY DEVELOPERS IN INDIASnehaDas60
Hire Shopify developers in India from PixelCrayons who have expertise in converting your eStore idea into reality within stipulated time & as per your precise specifications. Maximum engagement, scalability, latest technology integration & optimum performance are the core-strength of our online storefronts.
6800+ happy customers & 500+ full-time developers
Strict Non-disclosure agreement
100% money-back guarantee 100% bug-free coding
Easy team scale-up
Contact now!
CUSTOM PYTHON WEB DEVELOPMENT SERVICES | PYTHON WEB DEVELOPMENT COMPANY IN INDIASnehaDas60
Hire the top python development company in India and save upto 60% of development cost and also get state-of-art infrastructure, experienced team and latest technologies development.
Also, get the trust of a brand which has 16+ years of experience, 13800+ successful projects, and 6800+ happy customers.
Contact now!
TOP CUSTOM SOFTWARE DEVELOPMENT COMPANY INDIA | SOFTWARE DESIGNING & DEVELOPM...SnehaDas60
For the Mobile-First World, we provide comprehensive, secure, and scalable software development services. Using advanced technologies such as AR/VR, IoT, Artificial Intelligence, BlockChain, and Machine Learning, our software design and development company has successfully delivered 13800+ custom software solutions to businesses of all sizes. We provide full-cycle software development services to our esteemed customers.
We cover all new technology in order to satisfy a wide range of consumer demands in the shortest time possible and to offer cutting-edge solutions.
Contact now!
Winners! 20 truly fascinating mobile apps of 2020 revealedSnehaDas60
With 2021, we are stepping into a new decade and knowing some breakthrough achievement of 2020 will kickstart your new year best.
While 2020 has been a year of pandemic and every possible worst thing that our geeks havenu2019t even anticipated. But in between this, we have seen a launch of some truly fascinating apps as well as the advanced version of the existing apps like TikTok, Gmail, YouTube and more. Keeping up the importance and demand in mind, experts have revealed the name of the best mobile applications of 2020.
Let's jump into the names of 20 Truly Fascinating Mobile Apps of 2020.
Here we go...https://bit.ly/3oowa7z
Hiring the best eCommerce Developer: Do’s & Don’tsSnehaDas60
You may feel surprised to learn that Amazon’s net sales recorded a whopping 40%+ growth year-on-year Q2 2020 as compared to Q2 2019. This clearly illustrates the values and roles being held by eCommerce portals during the pandemic despite strict lockdowns occurring in multiple countries across the world.
Unlike the development of a regular website, an eCommerce platform needs dozens of customer-centric features and dedicated working hours from an innovative team of developers having years of relevant experience in the field.
Investing in an inexperienced company for your eCommerce website may yield an unsatisfactory result. So, when you need to hire eCommerce developers there are certain Dos and Don’ts that must be taken care of.
Here are Top 7 Do’s that must be followed while hiring eCommerce developer....
We offer dedicated programmers who understand your core needs, become a part of your company and tailor-make applications as per your specific business needs.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Elevating Tactical DDD Patterns Through Object CalisthenicsDorra BARTAGUIZ
After immersing yourself in the blue book and its red counterpart, attending DDD-focused conferences, and applying tactical patterns, you're left with a crucial question: How do I ensure my design is effective? Tactical patterns within Domain-Driven Design (DDD) serve as guiding principles for creating clear and manageable domain models. However, achieving success with these patterns requires additional guidance. Interestingly, we've observed that a set of constraints initially designed for training purposes remarkably aligns with effective pattern implementation, offering a more ‘mechanical’ approach. Let's explore together how Object Calisthenics can elevate the design of your tactical DDD patterns, offering concrete help for those venturing into DDD for the first time!
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
Generating a custom Ruby SDK for your web service or Rails API using Smithyg2nightmarescribd
Have you ever wanted a Ruby client API to communicate with your web service? Smithy is a protocol-agnostic language for defining services and SDKs. Smithy Ruby is an implementation of Smithy that generates a Ruby SDK using a Smithy model. In this talk, we will explore Smithy and Smithy Ruby to learn how to generate custom feature-rich SDKs that can communicate with any web service, such as a Rails JSON API.
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
