Blockchain is a promising technology that was associated with Bitcoin and cryptocurrency until recently. However, PwC identified five key application areas of blockchain that include tracking cash flows, identity management, payments and financial services, contracts and dispute resolution, as well as interaction with clients. Moreover, PwC predicts that blockchain technology will drive the global economy by…
Can you significantly decrease the number of customer inquiries with just one improvement? In 2006, Shenzhen Telecom’s customer service center managed to drop the number of calls from 200,000 to 114,000 a month and saved the company about £100,000 a year. How did they do that? The company introduced innovative billing system design and architecture…
Software architecture is a foundation for building a system that can meet different criteria — technical, operational, and even business ones. Having the right kind of architecture determines how efficient the development process will be, as well as the final product’s performance and scalability. It can also affect the entire company and its future, helping…
Even though every new product development process starts with a groundbreaking idea, it may not be the right one for your customer needs. What you see as a potential success might not, in reality, find its way to the target audience or survive the competition. Furthermore, even a new product in demand might struggle to…
Many apps play a huge role in our everyday and business lives, allowing us to make payments, manage meetings, create and edit content, analyze data, and much more. In 2021, users downloaded 143.6 billion applications, and this is just the beginning. This figure is expected to grow to 184 billion in 2024. In spite of…
Good news! According to Statista, in 2021, React.js became the most widely used web framework among software developers. The survey revealed that 40.14% of respondents relied on it. React.js is a fantastic library for front-end development. No steep learning curve, user-friendly interface and great possibilities – that’s how we can quickly describe React.js. Today we…
Do you know how the British rock band Marillion got the money for their 1997 US tour? Well, the musicians launched a campaign on the internet and their fans donated $60,000 to support the idea. Pretty impressive, huh? In fact, that was the first noteworthy case of online crowdfunding. Since then, a lot has changed,…
How much time do we spend with mobile apps? The latest report by App Annie revealed stunning results: mobile users spent 3.8 trillion hours using apps in 2021. Can you imagine? No surprise that edgy technologies, such as microservices in mobile app development, are the modern trend in apps for banking, shopping, fitness, games, and…
How much do businesses spend on digital advertising? Let us take just one segment — programmatic display ads. According to eMarketer, digital ad spending worldwide reached $521 billion in 2021, and it was an all-time high. Pretty impressive rise, isn’t it? One of the significant contributions to such a grand increase is the wide range…
You know the feeling when you have to spend a good deal of time on finance operations and repetitive tasks month after month, huh? Like being stuck in Groundhog Day with no chances to escape? However, there is a perfect remedy for this pain. If you know the answer to the “what is RPA in…
In 2021 Nike bought Datalogue, a data integration startup; Neiman Marcus acquired a tech startup for shopper personalization; Walmart and McDonald’s have purchased several Adtech assets. As investor Eric Franchi told Insider, great customer experience is a paramount category and not a fuzzy notion anymore. That is why, marketers have to be straightforward in answering…
Have you ever invested in crypto? And your granny? And your dog? Since today’s global events cause extreme price fluctuations and disrupt the traditional exchange market, everyone who is trying to save their assets should plunge into the crypto world and study its rules. And, according to Statista, the trend for cryptocurrencies will only grow….
Do you know what your next purchase of a smartphone will be like? We can foretell the process for you. You will scan the latest models and reviews and find the best offers online — who needs brick-and-mortar stores these days, right? Then you will order the phone in just a few clicks and decide…
Did you know that the total cryptocurrency market cap today is the equivalent of the 9th largest economy globally — Italy? Moreover, the volume of daily exchange is about $80 billion. Impressive, huh? So, the question of how to start a crypto exchange has never been more serious. In this article, we will share valuable…
How do reputable financial institutions differ from your local grocery stores? In fact, they are all very similar. In both cases, we see vendors wishing to sell their products and customers hunting for better options. What’s more, both industries employ similar marketing strategies and concepts to promote their services. So, let us take white labeling…