Loan recovery undoubtedly is one of the major challenges for financial institutes throughout the globe. With the huge amount of loans turning into NPA (non-performing assets) or stressed assets, regulators are looking for ways in which bad loans can be adjusted and the balance sheets can be cleaned. Bad loans, no doubt, are harming the…
Global Software Market Overview The global software market size has witnessed staggering growth in recent decades and is expected to continue its acceleration in the coming years. Software has become essential for enterprises as modern-day equipment such as computers, smartphones, wearable devices, and automated machinery help businesses around the world to conduct business more efficiently….
The population in metropolitan cities is increasing at a rapid pace, thanks to the remarkable growth in economic activities such as manufacturing, trade, and jobs that have increased the migration between the cities in different countries worldwide. Consequently, the increase in the number of people relocating to other cities is triggering the high demand for…
Gone are the days when the means of production and distribution of movies and creative videos were firmly in the hands of large and well-funded broadcast companies. Today, with the explosion of online video platforms, made possible by miniature HD video cameras embedded in handheld smartphones and cloud-based storage capable of housing large video files,…
According to a conservative industry estimate, there will be over 20 billion connected devices by 2020. This is a prodigious number and highlights the growing influence of IoT in our lives. However, alongside the possibilities this entails, the threat of hacking and other malicious activities will rise as well. Thus, safety will play a key…
From being a conceptual buzz to emerging as a mainstream business discussion, blockchain technology has touched a wide range of industries. This takes us back to the WEF prediction that by 2027, close to 10% of the global GDP will be accounted for using blockchain. One geographical region which is witnessing a major surge of…
Technology is innovating and improving constantly. This fact hits home the hardest when the resources we commonly use are upgraded, connected and made infinitely more accessible. Take the television for instance. The television industry has been at the leading edge of this constant digital disruption. The digital transformation of the media and entertainment industry has given rise to…
The prospect that digital health technology is essential to making care convenient has pushed the stakeholders in the health industry to collaborate with technology developers. Portable diagnostic equipment, telemedicine tools, mobile healthcare apps, data-driven software – these are a few popular digital tools that have changed the mechanics of healthcare delivery. Read: Future of Health…
There is no denying that the role of digital technology is rapidly shifting, from being a driver of marginal efficiency to an enabler of innovation and disruption. Moreover, the travel and tourism sector has been at the forefront of digital disruption for decades, constantly changing the way people travel. Every day, new and innovative travel…
Digital health products are unfolding a real revolution right before our eyes. Never before have medical professionals, technicians, and entrepreneurs come together to build products that will simplify the entire healthcare delivery process. Digital health products – exciting times for tech start-ups? The fee-for-service (FFS) model has been replaced with the value-based model of treatment,…
