The Travel, Tourism, and Hospitality industry will probably never see much of a lull time when compared to some other prominent industries in the economic sphere. Did you know? According to moneycontrol.com, by 2033, the travel industry is projected to reach $15.5 trillion, constituting over 11.6% of the global economy—a 50% [...]
An article in Forbes by Bernard Marr, an internationally best-selling author mentions, ‘The integration of artificial intelligence and the financial industry has always been a match made in heaven—high volumes, the quantitative aspect of finances, need for expediency and accuracy are ideal for the unique skill-set of AI.’ These and many [...]
A recent study by CSI executives involved interaction with U.S. financial institutions where these institutions were asked about the banking industry – strategic priorities, budgets, planning, technology choices, current trends, raising concern areas, compliance trends and much more. During the course of the study when the executives rated their [...]
The Straits Times in one of its latest reports mentions, ‘The life insurance industry had a mixed year in 2018 with growth in some areas but contraction in others. The sector posted a 3 per cent expansion in weighted new business premiums to $4.2 billion for the 12 months [...]
As a consumer, when you order products online, how do you expect them to get delivered? Some key requirements are, the product must arrive on time, well-packed, and ultimately must give you an easy gateway to return it if it is not as per your expectations. All this has [...]
“Functional testing has become a business imperative for any project irrespective of its size. The risks of releasing a new software application without rigorous QA, have greater implications now than ever before due to the rapid pace of change in demands and expectations of end users.” CTO – Fortune 100 company For the development [...]
There is a world-wide shift in the way people use Internet: a swift movement from browsing desktops to smartphones. The obvious reason for this shift is that an increasingly large number of people are always on-the-move and have a busy schedule. It is to be acknowledged and accepted that [...]
In 2017, software failures cost the economy US$ 1.7 trillion in financial losses. In total, software failures at 314 companies affected 3.6 billion people and caused more than 268 years in downtime. Software failures can prove to be the nemesis of organizations in this world of digital transformations as they [...]
In this era where Digital Transformation is happening at warp speed, people from every walk of life are turning into digital experts. While the benefits of engaging in a digital transformation are obvious and unending, it is not without challenges – and CIOs face the majority of them. As digital [...]
A recent news update states how an ATM in the Houston area was shut down as it was dispensing $100 bills instead of $10s. This happened due to a manual error when a vendor incorrectly loaded $100 bills in a $10 slot. Though this was not a software glitch, [...]
