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How Blockchain Is Transforming The Insurance Sector

May 25, 2017
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Digitalization is currently conquering the insurance industry. Blockchain combined with ‘smart contracts’ is expected to revolutionize the insurance sector. What if in the future, it will be possible to unify data of all parties that are involved in a particular insurance claim, and to initiate immediate payouts to policyholders? It would mean there will be…

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IPTV Testing: The End-To-End Approach

May 18, 2017
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IPTV is constantly gaining in popularity. According to statistics, in 2020 the worldwide revenue generated by IPTV is forecasted to climb to 26.19 billion U.S. dollars compared to 8.27 billion in 2010. The United States is expected to rank first among countries with the highest IPTV revenue worldwide in 2020.  What is IPTV? IPTV is a…

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Blockchain For Banking: Big Chance or Big Hype?

May 11, 2017
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A constantly growing competition and the need to keep pace with technological trends force banks to have an open mind regarding digital innovations. The banking industry has always tended to be conservative. Banks are usually very careful with any kinds of experimentations.  At the same time, they can’t ignore them completely. The Blockchain revolution A…

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Bot, or Not? Factors To Consider Before Implementing The Technology

May 4, 2017
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Chatbots are currently ‘everybody’s darlings’ in the field of digital interaction. Interestingly, the precursor to all chatbots was created more than 50 years ago by Joseph Weizenbaum, a German-American computer scientist. ELIZA, an early natural language processing computer program, was developed to show the superficiality of communication between man and machine. Since that time there…

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Smart Factory: The Connected Shop Floor

Apr 27, 2017
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In a smart factory, humans, machines, and resources interact with each other and exchange information. The manufacturing facilities have diagnostic capabilities and are able to repair themselves. Thus, a smart factory represents a self-organizing system. A continuous data exchange ensures optimum machine performance. Smart data management The main aspects of the connected factory are the integration…

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