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All About the Digital Transformation in the Banking Sector Digital transformation in banking around the globe has realized that investments in digital technologies are ways to acquire new customers. According to the survey by Deloitte, banking systems and user behavior vary between different markets and geographic regions. Consumers also show that they are ready for...
SOA vs. Microservices: Know the Architectural Evolution SOA vs microservices, many CIOs who have set up a Service Oriented Architecture (SOA) are hesitant to take a step towards microservices. Know how the service-oriented architectural model SOA managed to pave the way for one of the most talked-about software development models today, microservices. Before we discuss...
Future of Business Intelligence in 2020 and Beyond Business intelligence (BI) combines business analytics, data mining, data visualization, data tools and infrastructure, and best practices to help organizations to make more data-driven decisions. In practice, you know you’ve got modern business intelligence when you have a comprehensive view of your organization’s data and use that data...
P2P Payment Statistics, Trends and Market Size for 2020 P2P payment statistics, Peer-to-peer(P2P) payments evolved due to the maximum acceptance of the e-commerce business models. The acquisition of PayPal, an electronic money transfer platform, unleashed the maximum potential of the same. First introduced in the year 1972, wherein a patent was filed for a secure...
Pros and Cons of Data Mining Explained What are the pros and cons of data mining? Data mining is sorting data according to your needs. It refers to the process of extracting a large number of consistent data patterns, capable of generating valuable insights. Data mining came about intending to help to understand a vast...
Seven Best Use Cases of Business Intelligence Effective business decisions have always been the results of accurate data. Business intelligence refers to the use of technology as well as the practices that are used for the collection and analysis of business information. An investment in business intelligence is giving companies leverage to achieve efficiency in...
Six best use cases for IaaS (Infrastructure as a Service) Cloud Computing is a technology that has grown in the market, being driven by the largest companies in the technological sector, such as Google, Microsoft, Dropbox, IBM, Amazon, Oracle, among others. Organizations that work with a large volume of information need higher reliability and security...