72% of construction firms admit that construction projects always take longer to finish than originally projected stated in a report published by AGC. Now, this clearly stipulates that construction projects and construction sites are a mess. This is understandable taking into account many collateral operations going around from financing to procurement, from design to labour […]
The fifth generation of wireless communication technology is impending to be the new normal. Many believe this is the very pinnacle of the potential of wireless communication technology. OEMs are considering this as the last innovation in wireless technology, which will help them unlock the full potential of IoT and tap into the amalgamation of […]
The advancements and innovations in the Web 3.0 world look interesting. But, let’s be honest, the creations of web 3.0 haven’t been practically implemented yet in industries except for Finance! This does not mean at all that Web 3.0 is not promising. The revolution it has brought into the finance industry translates to an exciting […]
Digital transformation is the need of the hour for businesses in today’s small and internet-dependent world. According to a report, companies spent a whopping amount of $1.5 trillion globally for digital transformation in 2021. In a rush for digital transformation, many businesses either use off-the-shelf software or build custom software. Opting for which way to […]
ERP systems have become an integral part of IT infrastructure across many industries. On the other hand, the construction sector needs to catch up in terms of technological advancements as compared to other similar industries like Manufacturing Construction businesses now recognise the need for technological adoption for improved efficiencies and business outcomes. However, a rushed […]
Manufacturing businesses are the most evolved yet complex businesses. To run an efficient manufacturing business, many smaller parts and processes must work simultaneously in extreme synchronisation. Suppose there are any inefficiencies in any smaller processes. In that case, it will translate to a considerable cost overhead or efficiency gap in the overall business output. So […]
Staffing agencies are the backbone of human resource supply in the industrial and corporate world. A report by American Staffing shows that 16 million jobs were created and filled by staffing agencies in the US annually pre-pandemic. If you have ever been involved in recruitment processes at your organisation, you will be very well aware […]
With the world going remote, the business process outsourcing sector is showing clear signs of augmentation and growth.A report predicts that the global market cap of business process outsourcing will reach $241.2B by 2027 with a CAGR of 4.2%. A few years back, BPO was considered a traditional service sector business. It was also believed […]
The finance industry is undoubtedly one of the fastest evolving sectors concerning technological advancements. Financial technology, commonly known as ‘Fintech,’ has taken the rails. A few years back, only back-office automation used fintech in financial institutions. Today, we cannot envision the complete finance sector without fintech. Most parts of web 3.0 i.e. Blockchain, Crypto, Neobanks, […]
Global IT spending reached $4.2 Trillion USD in 2021, says a report by Statista of which, over 12% was only spent on enterprise software. That’s a vast amount of money! The importance of software and technology has never been so crucial for global economic development as it is today. In the upcoming time, it is […]
