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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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The Most In-Demand Programming Languages

Apr 13, 2017
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Coding has probably never been in such a great demand as it is today. Numerous websites, hundred thousands of apps for mobile devices – all of them require programming. But which programming languages are the most popular? TOP 8 languages according to TIOBE Index for April 2017: Java is currently an open-source programming language, which…

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Artificial Intelligence: 5 Reasons to Implement a Cognitive System

Apr 6, 2017
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Cognitive computing has recently become one of the most innovative IT technologies. Experts predict a great potential for its use in enterprises. Deloitte estimates that by 2020 about 95% of the world’s 100 largest enterprise software companies will launch products with cognitive technology. Cognitive systems can autonomously recognize complex interrelations in a short time. Predictive…

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