By 2027, the market for medical technology services is estimated to reach about $22 billion along with a CAGR of 3%. Advances in technology have influenced the healthcare sector in a variety of ways. It has led to reduced costs for healthcare providers and catering to better lives. A blessing in disguise, the COVID outbreak …
2023 MedTech Trends – Altering the Healthcare Sector Read More »
According to studies, predictive analytics in the banking industry will result in a growth of $5 billion by the year 2026, and an increased CAGR of 20% from 2016 to 2026. Retail banking is an incredibly effective vehicle that drives customer satisfaction by producing benefits like secure deposits, provides low-cost funding, offers budget-friendly credit services, …
The Impact of Predictive Analytics in Retail Banking Read More »
The global cloud computing market was valued at USD 483.98 bn in 2022 and is predicted to grow at a CAGR of 14.1% from 2023 to 2030. The confluence of digital innovation and industrial prowess is driving a significant transformation in the manufacturing sector. At the forefront of this revolution stands cloud computing — a …
From Factories to the Cloud: Reshaping the Manufacturing Landscape Read More »
As we step into 2023, the DevOps landscape continues to evolve at an accelerated pace, with new trends emerging that promise to revolutionize the way organizations approach their software development and delivery processes. In this blog, we delve into the world of DevOps and shed light on the digital transformation trends that are set to …
8 Emerging DevOps Trends to Keep an Eye on in 2023 Read More »
The AR/VR market in the retail industry is projected to reach USD 1.6 billion by 2025. Augmented reality (AR) and virtual reality (VR) are need-of-the-hour solutions in the fast-paced world of retail. And as retailers look for innovative ways to engage customers and stand out in a congested market, these immersive technologies have gained popularity, …
The Next Frontier of Shopping: AR and VR in the Retail Landscape Read More »
As technology continues to advance at an unprecedented pace, organizations are increasingly turning to cloud-native architectures to build and deploy their applications. But what is “cloud native”, and how does it differ from traditional approaches to application development and deployment? In this blog, we’ll explore the fundamental principles of cloud-native application design and development, including …
Exploring the Advantages and Challenges of Cloud-Native Applications Read More »
75% of insurers consider advanced analytics, such as AI and machine learning, to be critical to their fraud detection and prevention strategies. Insurance fraud continues to be a major problem, costing businesses and policyholders billions of dollars every year. In the United States, for instance, healthcare fraud is estimated to cost anywhere from 3 percent …
Breaking Down AI-Based Fraud Detection in the Insurance Sector Read More »
“The global insurance analytics market size is expected to reach USD 18.8 billion by 2026” The insurance market is dynamic and fraught with uncertainty. The industry is now undergoing a technological transformation, with the widespread adoption of data analytics being a significant driving force. Insurers are increasingly relying on data analytics to gain a deeper …
Unlocking the Value of Data: How Analytics is Changing the Insurance Landscape Read More »
The world of media and entertainment is rapidly evolving, courtesy of digital transformation in the form of cloud computing. From streaming services to post-production workflows, cloud computing in media and entertainment has allowed industry stakeholders to create, distribute, and manage their content. In this blog, we will explore the various ways in which cloud computing …
Entertainment on Demand: The Power of Cloud Computing in Media Streaming Read More »
“89% of higher education IT leaders believe that cloud computing is essential for their institution’s long-term success.” Without a shred of doubt, we have realized that the education sector is undergoing and will continue to undergo significant transformations. There is a growing call for improved facilities and classroom experiences from both students and educators alike. …
Why Cloud Computing is the Key to Modernizing Education Read More »
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