As a business owner, you are pretty much aware of the ongoing tech and business trends. It becomes essential to keep up with the latest technology developments and run the business smoothly — one of the areas that have noticed significant changes is the accounting and bookkeeping.
Healthcare is an evergreen industry worldwide. As advances in medical sciences and pharmaceuticals continue, there will be no dearth of innovative ideas to launch healthcare based startups. In all probability, most health startups will be IT-based. Primarily because IT now touches almost every sphere of our lives.
Machine learning (ML) is a technology that is related to artificial intelligence (AI), based around the idea that systems can learn from data and either improve performance or become more accurate. It is linked to the concept of automation, because machine learning enables systems to make decisions with little or no need for intervention from humans.
As technology blurs the line between digital and physical medical care, private practices and doctors must start using technology to promote the intimate connection necessary in doctor-patient relationships. In 2017, more than 95% of non-federal acute care hospitals used information technology for health care. Technology in medicine is widespread and growing, redefining how we think about healthcare.
Once just a sci-fi concept from the movies, AI is now a reality that is completely changing the world. Constant advances in technology made it possible for AI to creep its way into our lives and it's clear that it is definitely here to stay.
Real estate technology is big business. The world's fastest growing sector (technology) is quietly transforming the world's largest industry (property), with over 120 real estate startups making a huge impact on how we buy, sell and manage assets.
If you're searching for a way to get your own app idea into the hands of users, there's never been a better time. The app market isn't just booming...it's exploding. Of course, adding your app to the mix of all the others raking in billions of dollars is easier said than done, especially if you’re a founder without a technical background.
Experience matters most when your business depends on a great diversity of customers. Even a greater significance the experience gains when it comes to your regular customers: they purchase a combinationof your product and the positive experience you can provide. Retailers are under pressure from the e-shops nowadays since the latter can offer numerous new experiences to their online customers.
It makes sense that ERP (enterprise resource planning) software that is custom-built to your business is preferable to an "out-of-the-box" alternative, which isn't designed with your needs in mind. Custom-built software, however, is often more expensive, and it's worth considering the pros and cons of both approaches.
Technology takes over all industries in due time, whether it is advancements in hardware, artificial intelligence, or mobile technology. In business, mobile apps have helped revolutionize payments, e-commerce, order management, and more. It's easy to see why some industries may have paved the way for the use of mobile apps while the rest catch up.
Loyal customers are the foundation of every business. But, more often than not, the most challenging thing about creating a successful app is not building the app, but growing a substantial user base. There are multiple variables at play in user retention. The fact that an app works perfectly does not guarantee it will have a lot of loyal users.
Just a few years ago, nobody expected that the issue of employee retention would become so global. Today, more than 35% of the American workforce consists of millennials. This generation dictates its own standards, changing the game, and forcing HR managers and recruiters to reconsider their traditional approaches.