With December over, it’s time to summarize the results of the last month of 2016 and look at the expectations and new trends for 2017. So, let’s get to our last report dedicated to 2016.
If you’ve succumbed to the hype around machine learning, you’ve likely heard hundreds of ML evangelists claim that data-driven decision-making is inevitable for companies that want to thrive in the near future. And a number of questions will arise as you consider how to employ the technology in your business.. Can it significantly aid in reducing costs or increasing revenue? How can you estimate return on investment? Can you leverage the existing data to yield game-changing insights? Should you even try to get on that train right now?
What a year 2016 has been! Everybody has been talking about Brexit and the US presidential election. In the technology world, everyone has been speculating about how Brexit and the election will impact us. But the emerging trends of recent years aren’t going anywhere. So, here it is–our final trends digest with predictions and concerns.
From paying for a cup of coffee with your iPhone to handling complex financial data at work, you deal with fintech every day. With $31.6 billion of investment in the US, with additional $18.1 billion invested globally over the last five years, it is currently one of the hottest technology sectors.
Yet, the fintech market is far from being saturated. Here is the definitive list of fintech opportunities that both established businesses and entrepreneurs can use to their advantage.
Autumn brought us falling leaves and exceptionally interesting technology. IT professionals shared expectations and predictions for 2017. The US fintech industry is affected by uncertainty after the presidential election. We’ll discuss that and more in our November report.
Digital travel sales grew rapidly over the last several years, totaling $496.21 billion in 2015. And the number is expected to reach $817.54 billion by 2020. Such explosive growth is fueled by recent technology advances, not the least of which is data science.
So, if you are searching for some fresh ideas on how to put your data to good use, here are 5 application scenarios for data analytics and machine learning in the travel domain.
October was an interesting month in our sector. Gartner predicted modest growth in IT spending for 2017 and announced 10 significant trends that would impact technology in the coming year. Samsung joins Apple and Google in AI competition. We will discuss all this and much more in our monthly news and trends report.
By the end of 2017, it is said 70 percent of Americans will make payments via their mobile phone. A recent Federal Reserve Board report notes that in 2015 about 39 percent of U.S. mobile owners used their mobile devices to shop online. Although mobile purchases still trail those of desktop, smartphones and tablets help 82% of users make product decisions.
Being known for their focus on security and intuitive UX, Apple devices are widely used in business and enterprise. In order to reap all the benefits of your next project, here are 27 business-critical best practices to consider when building iOS application.
September passed quickly, but still delivered many interesting elements in the technology industry and we’ll have a look at them. Certainly a couple of the most interesting news were the Angular 2 release and the announcement of unified .Net Standard libraries by Microsoft. We’ll discuss that and more in our report.
Time marches on as information technologies continue their rapid development. There is still a shortage of skilled software developers. Analytics, security, and DevOps skills are still trending as the new stars, as AI and the Internet of Things (IoT) are rapidly catching up. The popularity of Java is on the rise while investments in fintech are declining. All these things and much more follow in this – our August report.
As digital transformation initiatives gain momentum, most businesses have come to rely on modern technologies in their search for increased long-term efficiency and profitability. From a grocery store across the street to multi-billion dollar IT giants like Google, software has become a backbone of almost every successful business.
We are glad to provide you an outlook on major events in Information Technology Industry in July. Last month, the technology industry came to understanding that Brexit will actually happen and everyone needs to start adapting to this change as early as possible. To mark this change Forrester has updated the forecasts for European and the U.K. tech markets for 2016 and 2017. The U.K. industry will only grow by 1 percent in 2016 and stay flat in 2017, instead of 5 percent growth each year that has been predicted earlier. Take a look at other tech and industry news below.
While the user expectations and needs are constantly growing, having a good UX strategy is an important aspect of the business. User-centric companies are setting the pace in almost every industry. That said, proper UX design has a major impact on the business ROI and plays a significant role in the software product development process in general, contributing to the creation of a more consistent, relevant and overall higher quality software product.
June was rich in events, deals, and other news. We decided to provide a short review in order to keep you, as well as ourselves, aware of the most important happenings.
Being able to thrive in today’s competitive environment is a challenging task. As almost every industry is rapidly evolving, fueled by the technology advances, businesses need to find ways to keep up with the times. In order to remain sustainable and efficient, they adopt an agile mindset.
Originating from incremental development techniques, first used back in 1957 by a group of engineers at IBM and Motorola, Agile philosophy has long become a generally accepted standard in software development. Initially considered to be the domain of startups and small companies, agile methodologies, however, are gaining wider use with enterprises.
Over the last decade, agile project management methodologies have become a generally accepted standard. As of 2015, 91 percent of companies, represented by respondents of the Hewlett-Packard Development Company, L.P survey, have been practicing at least some agile methods. To future-proof your business, tailor your agile processes to the challenges of remote work with these 4 principles.
What do health care and finance have in common? Probably not much, except for the fact that they are being disrupted by technology. And the process is highly encouraged: digital health companies alone received over $4.5 billion in venture funding last year. Yet, the key to the meaningful health care transformation lies in data science.
Proven project management practices increase the project success by 89%. At the same time, an average investment in projects, involving extensive project management expertise, tends to be 13 times smaller. Thus, adopting a strong PM processes can be crucial for your business.
Having experience working with more than 200 clients, we can honestly say that quality, time, and money are the main factors considered when choosing a software development contractor. What is rarely considered is the form of cooperation you develop with the contractor. Choosing the most suitable form has an adverse effect on how much time and money will be spent before the product is launched and how of high quality it will be.
With 80% of data traffic predicted to come from smartphones by 2020, having a mobile strategy is no longer an option for business owners. However, the choice of technologies and approaches to mobile development is currently wider than ever, which makes the right decision yet more difficult to make.
Ukrainian IT industry, being one of the strongest in the Eastern Europe, is currently in the focus of attention of the world tech community. This is mostly due to the fact that Ukraine has some outstanding scientific talent coming out of the best national specialized schools, such as Kyiv Polytechnic Institute, Kharkiv National University of Radioelectronics and Lviv Polytechnic National University. Yet smaller local universities, which are often overlooked by the state and investors, have a huge potential too.
Every day companies face the problem of streamlining and protecting their data storage. Cloud platforms and solutions provide the fertile ground for easier IT management, cost cuts, better flexibility and scalability. Moreover, there are what’s considered to be three leading trends driving global cloud adoption, namely the Internet of Things, growing data volumes and the software defined data center. Yet, as the Ubuntu Cloud Survey states, security and privacy are major barriers to cloud adoption (34 percent). Along with the acknowledged benefits of the cloud technology, comes the stereotyped fear of insecurity. But is it really so? Are on-premise servers and storage appliances with all their walls, guards, alarm systems more protected from external forces than the cloud?