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Why do businesses prefer native app development over web app development? - 0 views
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Today, majority of the businesses depend on mobile applications to serve their customers. Many industries choose mobile apps because of its promise to provide efficient results and improved customer experience as compared to websites or web apps. In this mobile era, companies are giving significant focus on having mobile applications as millennial prefer having mobile apps for everything. In this article, we will explore why businesses prefer native apps over web apps.
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Mobile eCommerce apps are raving the market, gaining many users and racking up considerable profits. In the race to meet customer-satisfaction and deliver a shopping-centric experience, mobile apps for e-commerce hold an important role. For more information about the eCommerce mobile app read this article.
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Adoption of intelligent systems in the data-driven financial sector will steer the grow... - 0 views
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The growing demand for digital technology and shifting customer demands have resulted in the increased adoption of artificial intelligence (AI) solutions to manage financial assets and enhance the customer experience. AI solutions are predominantly dependent on machine data that are generated from multiple sources, including data collected from customers and processes. The financial institutions, especially investment banks, have started using AI based analytics solutions to analyze data and identify the correlation & patterns to improve the asset management capability. These technologies are among the prominent solutions to deal with ever-changing financial regulatory & compliance environment to face the associated market risk and understand both income tax & corporate tax laws in an efficient way. AI in financial asset management is also witnessing a strong presence in analyzing consumer behavior patterns to bring new offerings and is finding new distribution channels for the financial institutions that can create a competitive advantage with the use of these technologies. As data-driven financial decision becomes a more prominent factor for increasing profitability, the market is expected to witness increased usage of AI solutions across banks, financial institutions, and insurance firms. Investment banks have been the primary users of the AI technology to improve risk assessment of the customer to optimize portfolios. Furthermore, IoT, cloud technology, edge computing, security-related technology (blockchain), etc. are supporting the market growth. This trend is expected to continue during the forecast period 2019-2025, fueling the market growth at a CAGR of 33.84% to reach revenue of $11.39 billion by 2025.
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