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How often in business management do you get bogged down with monotonous and repetitive work?. If your answer is often, then you might know the role that AI plays in proper Business Management. Your creative juices will dry up in the snap of a finger unless you depend on AI solutions. In this highly competitive […]
Explore possibilities of Blockchain in Insurance Industry For years, a practical application of Blockchain technology in the insurance industry has remained just in theory. But today, with the proper utilization of decentralized ledger technology, operational as well as effective solutions for enhancing several processes in the insurance industry is practical. Before jumping into details, let’s take a quick look into the […]
Oil or the aptly nicknamed “black gold” has been fueling humanity for nearly five millennia. Since it was discovered that kerosene could be extracted from crude oil, the demand for petroleum skyrocketed and by the early 20th century, it became one of the most traded commodities in the world market. Its many applications have made […]
One motto all businesses live by is “the customer is king”. Why? Because retaining customers is six times cheaper than acquiring new ones. With the advent of the Fourth Industrial Revolution, many technologies that were once thought of as “ahead of its time” or “impractical” is now gaining traction and one of those technologies is […]
A research report based on the analysis of 1,807 business interruption related insurance claims found out that supply chain disruptions are increasing the severity and frequency of business interruption claims. The average large business property insurance claim was more than $2.4 million. As a business grows, its supply chains get more complicated and even harder […]
A critical factor that indicates the performance of any business is its bounce rate. For online businesses, bounce rate refers to the number of single-page sessions compared to all sessions on the website. For offline businesses such as retail stores, it is measured as the ratio of store visitors who did not make any purchase against the total number […]
ICOs are launched by blockchain startups to raise funds to develop and deploy their project and to meet the operations costs for a few initial years. Since 2013, we have seen several ICOs and reverse ICO come and go, many of those have succeeded and even more have failed. Anyhow, ICOs have helped numerous entrepreneurs to […]
Did you know that blockchain in telecom market is estimated to reach USD 993.8 million by 2023? According to recent research by a leading market research company, adoption of blockchain in telecom market is expected to grow at a Compound Annual Growth Rate (CAGR) of 84.4% during 2018-2023. Even though the technology is not fully […]
AI & Blockchain Solutions for Enhancing Customer Experience In this highly competitive business world, only businesses and enterprises with a focus on customer experience can thrive in the long run. With the traditional practices to improve customer experience are getting obsolete, organizations are seeking newer approaches to enhance their customers’ experience. In this context, many companies […]
Renewable energy is both the need of the hour and the next big thing in the world today, with governments across the globe committing to reducing dependence on fossil-fuel based energy. The ratification of the Paris Agreement by major global economies is another step in this direction. Just over 19% of the global electricity consumption […]
Trust is perhaps the most critical component in any business or a transaction between two people. For instance, if you are purchasing a commodity online, or creating an account in a social media account, you are submitting a lot of personal data to someone. The factor of trust established in such a system is not […]
So, you’re thinking about starting your own ICO? Well, let’s go one step at a time. You should have written up a white paper describing your goals, what you aim to achieve, how the project got to where it is now and what the investors can expect from it. You could go through the post […]
