Cloud computing is a convenient on-demand delivery of various IT resources such as data storage, database, applications, servers, networks, and more. Customers have a unique opportunity to access and release this pool of highly customizable and omnipresent services autonomously. The key reasons businesses embrace cloud are cost savings, reduced workforce, and easy management of their IT workloads. The pace of the global market’s growth is incredible. Cloud was already mainstream the previous year and will hit US$330 billion in 2020. The pandemic also drives cloud services adoption, as the recent research reveals.However, before making a switch, customers need to realize it is not something to break into. It is crucial to learn the privileges of different types of cloud computing, common pitfalls, and possible risks.

For non-emergency dermatology issues, a new patient from Boston has to wait over 70 days for an appointment with a doctor. People with heart disorders and obstetrics-gynecology requests in Washington and Boston accordingly have to expect for more than 30 days.Even though the wait time to see a primary care physician (PCPs) can be less than 20 minutes, getting an appointment turns out to be a real challenge. 60% of people expect over two weeks only to arrange a visit to a PCP.The wait time grows each year, making it impossible for people to get the necessary medical assistance in due time. The doctors’ rating and patients satisfaction drop down because of this. The 9th Vitals Report states that 84% of patients think acceptable wait time is of significant importance in the overall experience at the medical institution. Moreover, 1 in 5 respondents in this report states that they had to pick another doctor because of long wait times.It is no surprise that people are more likely to use telehealth software to get individualized and proper care instead of traditional medical institutions. In this article, we will discuss the state of telehealth, its benefits for both patients and doctors, and learn some successful telemedicine applications in real life.

On June 24, 2020, Innovecs hosted an online discussion dedicated to the state of the supply chain industry within the pandemic environment and more. John Colón Jr, Innovecs VP of Sales, moderated a fruitful conversation with Andrew Slusher, the CEO at SMC3, and Sushant Pandita, the Global Program Director at Maersk. They talked about solutions that could make a positive contribution both to businesses and customers during this time and beyond. We would like to outline the key points of the conversation and provide some recommendations on how to fight supply chain challenges through the example of Maersk and SMC3 giants.

We live in a period when the gaming industry develops at a quick pace. Just imagine, according to Valve’s Steam platform, on March 15, 20 million users across the world were playing at the same time, as COVID-19 began to spread more in the US. This is why we decided to place a greater focus on game development education and specifically on Unity.

The fast-paced digitalization provoked by Industry 4.0 has modified the business, creating an extremely changing market. Now, the main focus of Industry 4.0 is to implement tech solutions so that the business and development processes run side by side to make manufacturing and logistics resilient, cost-effective, green, and high quality. The research from APICS, Supply Chain Management Review and Loyola University Chicago finds out that operating a responsible supply chain is an increasing priority for 83% of surveyed.Thus, the companies need to find balance in their growth, profitability and green efforts as the demand drives business to supply chain sustainability.

Originally published at https://www.business2community.com/business-innovation/why-iot-architecture-is-beneficial-for-supply-chain-management-02315025 Gartner forecasted that more than half of major new business processes will consolidate some elements of IoT by 2020. Moreover, up to 26 billion smart devices connected to the internet will be installed, making some $300 billion by the end of the decade.  Also, the study shows that a thirty-fold increase in internet-connected physical devices will dramatically alter the way the supply chain works. Besides, the enterprise and automotive Internet of Things market will grow to 5.8 billion by the end of 2020, meaning a 21% increase from 2019.

Modern logistics is a complex system consisting of many parts, including suppliers, warehouses, vehicles, and retailers. Components as well as ready to use products can now be shipped across thousands of kilometers, and it is becoming increasingly difficult to track where everything is. Frightening is the fact that such decentralization of processes causes severe inefficiencies and additional expenses. The recent survey indicates that 84% of organizations stated they have already tested real-time data integrations into their logistics, but only a tiny share has succeeded. As more companies around the world began to collaborate with third-party suppliers, achieving full transparency has become a necessity for global businesses.

Classified as a pandemic by WHO, the COVID-19 outbreak is currently affecting almost every aspect of life. One of the measures taken to fight off this global crisis is the practice of social distancing, considered as a critical strategy to keep the virus under control. In the course of a few weeks, our daily routines across the globe have drastically changed. Nevertheless, there are some business sectors that carry on to thrive. The earnings of a $120 billion gaming industry were officially set in motion. Globally, the industry is expected to reach a CAGR of 12% during the forecasted period 2020-2025. It’s drawing in more and more competitors, from Amazon to Facebook, Bytedance to Google.For instance, Apple is going to list the most influencing vendors of XR games by having spent around $100 million on NextVR. This is a VR streaming startup specializing in creating virtual experiences for live events that has earlier partnered with the NBA, NHL. As the games business faces perhaps its most unusual year so far, we’ve picked a few insights to shed some light on the future of gaming.

Most people who create video games for a living will tell you that the game development process is never as easy as one-two-three.  As the industry undergoes constant changes, the game developers must keep their fingers on the pulse. For example, the research by GlobalWebIndex shows that cloud gaming is on the rise; VR matures with PlayStation introducing virtual reality to mainstream gamers, and Valve has recently released a AAA PC VR-exclusive project that significantly spiked interest to the platform.   But what’s under the hood of a masterfully made game? Burning deadlines, bottlenecks and dependencies in production, pressure from stakeholders, and ever-changing design and requirements are just a few of the many obstacles people face during the development cycle.  Many aren’t aware of this cycle of craziness and its many steps, so let’s shed some light on the game development process.Game development, like any other project, starts with an idea. The hard part is to materialize this idea into a shippable product. To achieve this, we follow specific steps.

The financial services market has seen radical technology-led changes over the past few years. Many leaders look to their IT departments to improve performance and promote game-changing innovation – while somehow reducing costs and, at the same time,  continuing to use legacy systems. “To succeed in this rapidly changing landscape, IT executives will need to agree with the rest of the management team on the posture they wish to adopt. Will they try to be industry leaders, fast followers, or will they just react? Whichever direction they choose, they will need to devise a clear strategy to move forward.” FS Tech 2020 and Beyond: Embracing disruption Meantime, fintech startups are disrupting the established markets, leading with user-centric solutions developed from scratch and unencumbered by legacy platforms.  Customers have certain expectations and are now necessitating better services, seamless experiences regardless of channel, and more value for their money. Also, regulators demand more from the industry and have started to adopt new technologies that will transform their ability to gather and analyze data. And the pace of drastic change is not even at the peak. There is no doubt that technology is affecting financial services in multiple ways. The PWC report suggests ten key influencers that IT executives need to address while strategic planning for 2020 and beyond.Each of these drivers is likely to change financial services companies and their management teams in far-reaching ways. And while each can have a disproportionately strong effect on a given country, customer set, or industry sector, they all present opportunities for the thinking executive to go ahead. Knowing a robotics era is coming, for example, you have a choice: to harness the innovation, or to see others benefit from a global shift. The section below sets up challenges around these ten influencers: to know them, get ready for them, and see how to employ them to get a competitive advantage.

By the end of 2022, enterprises’ adoption of cloud solutions will overlap the growth of traditional IT instruments, pushing the cloud computing frontiers forward. Moreover, the Gartner survey reveals that investing in cloud architecture services will reach US$63 billion by 2021, compared to US$39.5 billion in 2019. The distinguished Vice President Analyst at Gartner, Ed Anderson, thinks that cloud migration opens brand-new opportunities for business growth. The embracing of dynamic cloud solutions can dramatically cut costs and increase competitiveness. Therefore, we are looking forward to seeing the cloud become a trend in the next two years and bringing the IT companies’ infrastructures to the next level. So far, let’s look at common pitfalls and advantages before going to the cloud.

Advanced analytics such as big data analytics or business predictive analytics gained its popularity worldwide. And, it’s quite smartly described by the Forbes article as ‘a backbone of executing goals by the modern organizations and governments’. Statista proved the importance of advanced business analytics with the following figure: revenue from business advanced analytics will grow up to 274.3 billion US dollars in 2022. Companies invested a lot to launch big data advanced analytics: Amazon implemented AmazonFresh to gain retail and distribution space in the neighborhood around; Netflix beats out HBO or AMC to ‘bring ‘House of Cards’ into people’s living rooms’ due to massive analytical leap (they counted $4 mln episode cost, but put a price tag of $100 mln per two-season deal). Let’s speak about what advanced and predictive analytics is, how to become a data-driven enterprise successfully, and how to implement big data development solutions to uncover hidden patterns, correlations, and make business more cost-effective, optimizing its outcomes.

The recent banking fraud survey in 2019 revealed that modern financial institutions (FIs) have to overcome many challenges, including cyberattacks, data breaches, slow payments, and adopting digital tools. These hurdles are the main reasons why banks and financial firms have faced low efficiency and decreased customer satisfaction. All this inevitably leads to a drop in revenues.The payments today need to be faster and the security within banks needs improvements. Thankfully, the highly digitized fintech industry offers the solution – EDI or electronic data interchange. For the financial sector, EDI means seamless transactions, enhanced security, automated processes, fewer costs, elevated customer service and more. Look under the hood to see how EDI works.

I think intelligent automation can smooth certain tasks that in the past were impossible to be simplified, so not only will we have a much wealthier civilization, but the quality of work will go up very significantly and a higher fraction of people will have callings and careers relative to today. Jeff Bezos, founder of Amazon. Intelligent Automation as comprising technology in the field of RPA (Robotic Process Automation) and AI (Artificial Intelligence) is aimed at enabling business processes automation and digital transformation performance. According to the global Statista survey, 39% of respondents share the opinion that intelligent automation is implemented in their enterprises to streamline operational activities. And 32% more notice it is planned to launch RPA in a year. RPA worldwide revenue is growing constantly as it’s seen in the chart below.CMO of Softomotive, RPA solutions development company, Kyle Kim-Hays described the main 2020 trend of intelligent automation in such a way: “It’s specifically for 2020 that robotic process automation is moving from the field of back-office and IT-focused tasks and moved deeper into the production and day-to-day logistics and supply chain management operations”. So, here we propose to outline the basics of the process intelligent automation, the main challenges of the industry now, to follow successful cases of RPA application in SCM and logistics as well as robotics technologies integration to enhance operational efficiency.