A 2023 Statista research highlighted that the annual market growth of AI would rise to US$826.70bn by 2030. $79bn would be invested in specialized applications development to enhance automation and productivity across sectors like content marketing, security, and health. The rapid expansion of AI across the business landscape has opened the gate of new opportunities—and, like the Pandora’s box, has also led to potential
In today’s fast-paced business environment, organizations are under constant pressure to rapidly develop and deploy applications to meet evolving business needs. This necessitates the demand for scalable and efficient app management and deployment methods to ensure a seamless workflow. VM-based and Containerized deployments acquired prominence for their enhanced efficiency and security, coupled with a compact infrastructural footprint. However, over time, Containerized deployment has emerged
Introduction Automation and process optimization are pivotal for business growth in the current fast-paced digital era. Organizations constantly seek innovations to enhance operations productivity and achieve competitive advantage. Choosing the proper roadmap and continuously improving process efficiency is a bottleneck; this is where Pega Process Mining saves the day! Pega Process Mining enables businesses to determine bottlenecks and opportunities in the processes. It offers
By 2025, 70% of new applications developed by enterprises will use low-code or no-code technologies, up from less than 25% in 2020, according to Gartner’s report. Traditional manufacturing processes are rife with manual and labor-intensive tasks that impact productivity and business outcomes. Since development and product life cycles are becoming shorter day by day, the complexities of the manufacturing industry are increasing. Down the
Those who follow cricket would have been rather perplexed at the recent chain of events between the world’s largest cricket board and the most successful skipper. While we can say that the captain was unceremoniously removed from his captaincy, the cricket board has all the rights to take such a decision. On the other hand, the outgoing ODI captain also spoke openly to the
Introduction The oil and gas industry has seen rapid adoption of technology and digital initiatives over the last four decades. Digital technologies are now helping oil and gas companies reach the next level in making operations more efficient, productive, and secure. Setting up an efficient Incident Management/Reporting System is vital for RIG operations to be carried out safely with a clear set of processes
Over the last decade, production cost per home loan has nearly doubled, while net profitability per home loan has dropped by 70%, according to mortgage industry data. Simultaneously origination volume fluctuates dramatically, challenging lenders to manage capacity. Lenders want to meet borrowers’ expectation of a fast and digital mortgage experience, but there are roadblocks. Mortgage industry relies on manual processes which negatively effect the
So, what’s standing between large enterprises and big-time digital innovation? A Forrester Research survey of 254 IT leaders and business-line decision makers found out that nearly 74 percent blame their inability to act as quickly as their business requires. Whereas, lack of technical skills or knowledge came second at 65 percent. Low-code development touches both these issues. Bringing IT and business leaders together to
