The digital landscape has changed remarkably over the past decade. Almost every business, irrespective of the industry is realizing the digitization benefits and embracing it as well. With this, digital data is generated, faster than ever. In fact, some of the industries are at a point where manual data analysis is a next to impossible job. This has driven the rise of Machine Learning (ML), which is the ability of machines to analyze big data and extract information, just like humans do.
The front-end development ecosystem for web has been constantly upgrading, especially, the javascript libraries and frameworks. Had if these javascript applications not been there, developers would have to write five times the lines of code to accomplish a task, which a framework can do in ten lines. And what’s adding more power to them is huge community support that keeps bringing new possibilities for the progressive and dynamic web.
Chatbots are revolutionizing the customer service space. These stand-alone conversational interfaces that utilizes messaging platforms or apps for conversation are predicted to change the quality and pace at which customer service is rendered. With this, chatbots are not just an innovational window for customers but also a way for businesses to save hundreds of dollars (with fast and automated response rate).
A patient’s accountability and engagement in their own health is reforming the care delivery system. When patients take charge of their medication, an adherence system can help them achieve the treatment or output expected.
Paper contracts is an old-school approach for binding agreements. Involving multiple intermediaries, several rounds of negotiations, and a lengthy administration of finalized agreement is no more a standard practice. While digital documents are an effortless alternative to these traditional contracts, they are easy to forge.
Technology advancements, healthcare reforms, and ever-changing patient requirements in healthcare poses a number of challenges for the providers. To overcome them and achieve customer experience objectives, it is important to construct a system that supports real-time orchestration of healthcare resources (like data, people, devices, facilities).
No matter how great a business idea is, its existence and endurance is difficult without sufficient funds. Since long, Initial Public Offering (IPO) has been one of the popular and regulated fundraising schemes, which, today is challenged by Initial Coin Offering (ICO). Thanks to the steeping rise in popularity of cryptocurrencies and Blockchain.
Cryptocurrencies are causing a stir with their skyrocketing value. With this, the demand for Blockchain wallets is rising as well. By the end of 2017, over 21 million users were reported to be using the wallets for transactions of their digital currencies (according to Statista).
Electronic Health Records (EHR) is a system that contains patient-centric information, saved electronically. This may include an individual’s health status, demographic data, or clinical information (like lab reports, radiology, or pharmacy data).
Naive companies and startups usually turn to angel investors and venture capitalists for fundraising. In order to receive an initial capital aid, these startups give away a part of their equity to the investors. While this idea has been prominently adopted from years, startups today are more interested in holding on to their ownership, and still secure funds for development. This is where Initial Coin Offering (ICO) comes into picture.