?Credit scoring and loan approvals are major aspects of the finance industry. Digital lending is another aspect, as the digital lending market is growing rapidly. The Digital Lending Market size is estimated at USD 453.32 billion in 2024 and is expected to reach USD 795.34 billion by 2029, growing at a CAGR of 11.90% during…
The Impact of AI On Hospital Management Systems
Technology is involved in every industry as well as the medical sector. Hospitals are the ones who need to manage their management system very efficiently as this industry deals with the lives of people. As mentioned earlier, technology is everywhere so there is hospital management system software that was developed to manage electronic medical records,…
The Impact of Augmented Reality On The Modern Shopping Experience
Shopping is one of the most favorite habits of today’s modern generation. Shopping can be done by e-commerce platforms or offline stores. Both are the best methods at their place. But undoubtedly e-commerce shopping is soon going to take over the in-store shopping methods. Nearly 3 billion people buy online worldwide. eCommerce in retail: The…
Why Custom AI Solutions Are the Future of Data Analysis and Reporting
Data analysis and the extraction of reports from that data are crucial. Many companies and industries gather vast amounts of data and analyze it manually. This process typically consumes a lot of time, money, labor, and resources, and even then, proper insights may not always be extracted. This creates a significant challenge, as businesses often…
IoT-Based Safety Monitoring System For Construction Workers
Safety is the most important thing that every industry should focus on. Many construction workers in the sector work through different phases, machines, sites, etc with a high risk of life. Not having proper tools and techniques, their life could be in danger anytime which is a serious thing to think about. According to the…
Boosting Customer Retention with AI-Driven Product Recommendations
Getting customers is another thing in a business where customer retention is more important. First-time customers only come back after for other products when they got the best experience at the first time. Retention rate generally defines how much your service and products are impactful and can survive in the market or not. There are…
Benefits of RFID Apparel Inventory Management System
Clothes are the components that can tell much about the person wearing based on his/her fashion style. The clothing industry is one of the trading industries around the globe. As you can see every day there is new fashion, variety, trends, etc coming at a rapid pace. The textile market is one of the major…
Optimize Your Workflow With Innovative Product Traceability Solutions
Workflow is an essential aspect in any industry as it shows how consistent and sequential your business supply chain consists of. This aspect plays a big role in developing an industry or a business. Having a consistent workflow could prevent the business from growing beyond the limit and this is not enough in this competitive…
Reducing Manual Errors in Finance With Custom Software Solutions
The finance sector or industry is growing and contributing to providing services related to financial aspects for the citizens. Simply a segment of the economy known as the financial sector is made up of businesses and establishments that offer retail and commercial clients financial services. This industry group includes a wide range of businesses, such…