Incorporating a new method to your existing business’s supply chain can be challenging sometimes and one might tend to stick to the old method. If the business has been in the market for quite a while, there is a good probability that one is still doing it using the conventional way, meaning, carrying out inventory…
The Advantages of Digital Technology For Loss Mitigation
Loss mitigation is a term used by lenders to mitigate their losses, meaning they reduce them. If you are in the business of bearing default risk, if you can reduce the cost of defaults, then you can have a more profitable business regardless of the level of defaults. The Use Of Technology For Loss Mitigation…
How Can Technology Help Combat Climate Change
Climate change is making weather more and more unpredictable. We can’t control mother nature, but we can use technology to help to understand her moods. The stakes are high. We have burgeoning population growth, we have a climate as we’ve never seen before, and if we’re unable to solve some major challenges, then, quite literally,…
What is the Role of Digitalization in Business Growth?
The media has digitized, your consumers have digitized, and your business is next! In fact, digitization is already impacting every aspect of your business, from the way you acquire and retain customers to the way you present yourself, your business, and manage your reputation online. What Is Digitization? Today, the digital world has permeated every…
Exploring How Digital Technologies Are Used in Natural Resource Management
With the constant increase in the global population, the need to manage natural resources is becoming more prominent year by year. In order to make natural resource management efficient and effective, the implementation of digital technologies is a must. In this blog, you’ll come to know about the conditions, roadblocks, and use of technology in…
The Role of AI and Machine Learning in Revolutionizing Clinical Research
The continuous evolution of technology has revolutionized many industries, businesses, and organizations. Clinical research is also revolutionizing with the implementation of advanced technologies like artificial intelligence (AI) and machine learning (ML). In this blog, you’ll come to know the role AI and ML are playing in revolutionizing clinical research. A Brief About AI And ML…
How Industry 4.0 is Transforming the Manufacturing Industry
The key element of each industrial revolution has been an enabling technology that drove a culture that yielded some sort of production change for makers and manufacturers. So, earlier revolutions that steam power electricity, and electronics up through the current industry 4.0 that is the fourth industrial revolution. For lean manufacturers, this new technology is…
How AI is Helping to Address Staffing Shortages in Healthcare
In healthcare and biometric research, artificial intelligence (AI) holds the promise of automation of tasks to deliver faster diagnosis and provide better care. However, among healthcare professionals and the public, knowledge of the latest developments and skills in AI are still very limited. This causes anxiety which leads to potentially unrealistic expectations, in turn drastically…
Why the Retail Industry Requires Enhanced Cybersecurity Protection?
Networking technologies are transforming the retail industry. A digital-first strategy can enhance your in-store customer experience, it can help you build and expand your online presence and brand visibility. While this may be good for sales, it may also attract the attention of hackers looking for a new target to exploit. (https://glasshousefarms.org/) They can gain…
