Articles

The banking sector is one of the industries where the acquisition cost of a customer is significantly high. Acquiring new customers on average can cost five times more than retaining existing customers. Retention of customers in the banking sector has taken a passive approach.

Over the past few years, the growth of digital wallet apps has been phenomenal. Driven by the adoption rate of mobile apps to check last-minute deals on travel, buy movie tickets, or order food – the digital wallet companies have grown along. Early adopters of these digital wallets were often digitally-savvy millennials that swayed for features that offered lower transaction time and convenience.

Most banking operations involve time-consuming, repetitive processes. Many of these processes, which do not require human intervention can be automated. With robotic process automation, bank operations can be done at a greater scale, speed, and accuracy than is not possible with humans. This has a direct impact on accuracy, efficiency to staffing issues, and its related expenses. With robotic process automation, the need for data reconciliation is also significantly reduced.

Eighty percent of the internet website audience already watch some form of video, but mainly in short form; the average length of an Internet video stream today is only about three minutes. This is changing rapidly and the long-form video, streamed, real-time, or batched, will soon become the dominant form of content. Delivering long-form video content is bandwidth-intensive. While most low-end websites have resorted to posting video content on YouTube, this might not be a good option for those media who wish to monetize the content exclusively on their website.

The success of ‘The New York Times’ shifting its focus from advertising to subscriptions first company has encouraged many other publishers like The Wall Street Journal, Bloomberg News, and the Financial Times to implement a paywall and moved beyond the free content. ‘The New York Times’ today, earns two-thirds of its revenue from subscriptions.

Last-click attribution in digital marketing analytics often misrepresents the effectiveness of earlier customer interactions in the conversion process, as it only credits the final interaction for the conversion. This approach can lead to undervalued marketing efforts and misallocated advertising budgets, as highlighted by a study showing high-value buyers typically engage with multiple campaigns before purchasing.

Today’s citizen expects a modern, streamlined, and responsive citizen service experience across government institutions, comparable to leading private-sector organizations. An online web-based service ensures that citizens get consistent, accurate, and up-to-date answers regardless of who is at the service desk. Documenting the frequently asked questions and guiding citizens with helpful text on the website can help reduce the calls to the support desk.

Multinational corporations are now increasingly faced with the challenge of operating across partner companies with diverse corporate cultures. For leaders who are currently leading these business functions or would likely move into such roles - training plays a vital role.

The Internet is a mission-critical infrastructure, for any nation. Increasingly government institutions are making their services available online to improve citizens' quality of life.

The road transport department is constantly battling with the problem of poor routing and scheduling; random criminal acts that destroy public transport vehicles - resulting in higher maintenance costs. The department is also faced with the problem of having very little data available at its disposal to track and optimize the current fleet’s performance. The complexity of the problem further enhances when public transport vehicles start and return from multiple depots, and many of these routes are return journeys to the original depot.

Fast-food restaurants managers are in the eternal pursuit of reducing waiting time for customers. They understand that customers have a busy lifestyle. During the rush hour, when people queue up before the cash register and it becomes crowded, kiosks give customers the option of placing their own orders. They could enter their choices on their own and have the kitchen preparing their orders, reducing the wait time for their meals.

This era is marked by a constant technological breakthrough that repeatedly disrupts the business world. Professionals constantly re-educate themselves to outdo competition at a workplace. More than ever, Universities are facing fierce competition from online learning platforms that offer short, stackable certificate programs; and or blended online courses of great value.

Today’s shoppers demand unified experience across channels. They wish to buy anywhere, receive anywhere, and return anywhere. If they bought it online, they want to return in-store. If an item is out-of-stock in-store, they want to see it on their mobile. They walk into the store and ask the in-store sales associate to order something online for them and wants to get it delivered at their residence.

Globally supply chain managers are constantly faced with the challenge of reducing variability about items procured from vendors. The problem of variability is far higher in the real world and an off-the-shelf ERP software does not provide meaningful support to handle this crisis.

How artificial intelligence and robotics will amplify people products and business

Remember a very popular game which came out some years back and caused ripples of excitement for at least some months - yes, you guessed it right, it was Pokemon Go. With the user’s smartphone and camera, the game turned the real world into an augmented reality world which included Pokemon. Augmented Reality (AR) is an interesting field, just like Artificial Intelligence and if you think it is only meant for games, then think again!

Remember a very popular game which came out some years back and caused ripples of excitement for at least some months - yes, you guessed it right, it was Pokemon Go. With the user’s smartphone and camera, the game turned the real world into an augmented reality world which included Pokemon. Augmented Reality (AR) is an interesting field, just like Artificial Intelligence and if you think it is only meant for games, then think again!

Remember Pokemon Go? The game that once had everyone, from kids to adults, wandering around with their smartphones in pursuit of virtual creatures? This wasn't just a gaming fad. It was a groundbreaking example of how AR could blend the digital and physical worlds, creating an immersive experience. Pokemon Go demonstrated that AR has the potential to go beyond gaming, setting the stage for innovative marketing strategies.

Narrative Magazine approached Zyxware in 2008 with a request for support for their website www.narrativemagazine.org. One of the first tasks that was entrusted to Zyxware was to set up an online gift store for donors. The gifts included books and merchandise. Each gift was accompanied by a description. Zyxware set up the store on Ubercart with complex features. The feature set was limited because it was felt that since an upgrade/migration from Drupal 5 was impending, it would not be wise to implement the entire feature list in Drupal 5.

Audeze is a company dedicated to manufacturing high end audio head phones and accessories that provide exceptional quality in rendering sound output. Its high quality build and state-of-the-art technological innovations put together by their talented team of engineers help to realize a product that is unique and render the most accurate sound reproduction available today, as mentioned in their website www.audeze.com. An important channel for their sales is their website. THE ENGAGEMENT Audeze approached Zyxware around the time they had ported from Drupal 6 to Drupal 7.