Blog

Global Gaming Expo took place on October 15-17, 2019 in Las Vegas and brought together the best minds of the gaming industry. The conference covered topics such as sports betting, payments modernization, iGaming, eSports, financial compliance, tribal gaming, security, and more. It provided the opportunity to participate in debates with the speakers and share own knowledge in the industry. The list of speakers included experts from companies such as Worldpay Gaming, MGM National Harbor, American Gaming Association (AGA), IGT, Ernst & Young, William Hill, and many others. Although Innovecs has considerable experience in the gaming and entertainment industry, it strives to keep up with the latest technologies that would help to realize its clients’ needs and deliver the best solutions. This is why, Innovecs’ representative, Rocky Osborn, Senior Vice President, Global Business Development & Client Success, did not miss the opportunity to attend such an event. He has outlined three major peculiarities of the event: the focal point of G2E is the hundreds of exhibitors from around the world showcasing the latest products and technologies that will transform the gaming industry in the years to come; the event also provided thought-provoking keynote speakers and education sessions each day designed to educate and inspire. G2E’s Innovation Lab had themes focused on disruptive technologies, new uses for technology, and emerging trends. lastly, G2E provided networking opportunities to reconnect with current friends and colleagues and to make new ones that could become business partners in the future.

What: Digital Summit When: October 21-22, 2019 Where: Boston, MA at The Westin Boston Waterfront Hotel Organized by: TechMedia Digital marketing has become an integral part of any business operations since it helps companies to be recognized in the online world. It is a powerful tool for developing brand awareness and reaching the right audiences. To get useful insights into digital marketing, many events are organized around the globe annually with the aim to bring together the best marketing minds under one roof. Digital Summit is one such event and is taking place on October 21-22, 2019 in Boston, MA at The Westin Boston Waterfront Hotel. It is a 2-day conference featuring 45+ sessions delivered by marketing experts from companies such as Marvel, Nike, Facebook, Microsoft, Home Depot, Pandora, TripAdvisor, LinkedIn, MGM Resorts, and others.       Why should you attend Digital Summit? This well-structured conference will have lectures and workshops covering all types of digital marketing, including content, SEO, social media, and advertisement. It is a great chance to network with marketers from the top companies, adopt their experience, and share your expertise.

Innovecs invites teenagers, school and college graduates, students, and everyone interested in the IT-sphere to attend Open Day. Open Day is a free event that has the purpose of revealing the truth of modern IT and helping to come up with the future profession. What: Open Day When: October 17th at 16:00 Where: Innovecs (Vatslava Havela Boulevard, 6Z) Price: Free Registration: https://teeko.io/event/innovecs-open-day At Open Day, you will have a chance to get answers to the following questions: What is IT all about? Why does everyone want to become a part of it? What skills and knowledge do you need to work in IT? How to become a developer and is it worth it? What kind of background do you need? How does Innovecs look inside and why is it so important for us to engage new people into the sphere?   Open Day Agenda 16:00 – Welcome word 16:15 – Olga Prykhno, COO/CFO at Innovecs 16:30 – Vasyl Tymoshenko, Designer + Middle Software Engineer 17:00 – Ivan Dovhal, Full-stack Senior Software Engineer 17:30 – Maksym Chugunov, QA lead Automation Engineer 18:00 – Gleb Kozyryatskyy, Lead Java Software Engineer 18:30 – Pizza and office tour Register for the event and get ready to learn the whole truth about IT.    

Over the last few years, the logistics industry has seen significant evolution. According to TechNavio, the global logistics market share will increase to $357.5 billion by 2022 with a compound annual growth rate (CAGR) of 7%. Factors such as the increased popularity of online shopping, more high-speed Internet connections, and the faster adoption of mobile services can explain this prediction. As a result of this industry growth, the demand for improved transportation services has also risen. To streamline the overall supply chain management (SCM) and make it cost-effective, many small and mid-size e-commerce businesses have already started partnering with third-party logistics (3PL) services. Thus, this blog post will cover the following topics: key peculiarities and benefits of 3PL services major connectivity types between shippers and 3PL transportation providers benefits of API-led connectivity over other types

Innovecs will not be missing the opportunity to attend Digital Summit which takes place on October 21-22, 2019 in Boston, MA at The Westin Boston Waterfront Hotel. John Colon Jr, VP of Sales – North America, will be representing Innovecs at the conference this year. Digital Summit attendees are the movers and shakers influencing the growth and success of their company’s digital marketing — and the future landscape of the digital economy. They come from a wide variety of companies and organizations — including national brands, CPG, agencies, service providers, technology pioneers, B2B providers, associations & nonprofits, startups, and much more.

Cash still enjoys supremacy at the point of sale, but digital payment methods continue to grow, from wallets for mobile phones to wire transfers. Statista predicts digital payments will exceed $4 million in 2019 with a 12.7% YoY increase by 2023. Ecommerce’s evolution has led to the meteoric growth of online payments. According to Worldpay’s Global Payments Report 2018, online payments made up more than half of all the ecommerce transactions. Worldpay researched 36 countries and spotted 140 different digital payment methods used last year.

Artificial intelligence (AI) and machine learning are widely adopted across outsourcing companies such as Innovecs in the logistics, aviation, retail,  many other industries. Multiple market predictions prove it is really so. Thus, the International Data Corporation (IDC) claims that AI global spending will increase to $98 billion by 2023.

As the logistics market accelerates its expansion, warehouses are keeping up with the pace, which is why warehouse efficiency becomes the number one priority. Business Insider has unveiled the Technavio stats forecasting the warehousing and storage market will witness a 6% global increase from 2018 to 2022. 44% of the predicted rise is expected to take place in the APAC region. Here is how Technavio sees the upcoming change.

August 28, 2019 — InnoCamp, an educational development program for IT specialists based on international business practices and powered by Innovecs, congratulates 20 QA students as they graduate from the latest InnoCamp QA Program. Graduates have been awarded a Certificate of Completion of Quality Assurance Manual Training Track.

Smart cold chain management has never been more vital. High demand for refrigerated system capacities is spurred by the increased need for higher-quality fresh produce, preferably organic. Statista claims the global food and beverages market will grow by 10.3% annually, resulting in $153 million in revenue by 2023.

NEW YORK, August 14, 2019– Inc.magazine today revealed that Innovecs is mentioned in Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Online merchants are going to be facing many new threats. Online fraud, in particular, is radically different from the fraud typically observed in brick-and-mortar businesses. For instance, TD Bank has reported that 44% of professionals in the financial industry have defined online payment fraud threat as the number one concern in 2019, a 14% increase compared to the previous year. This is why online merchants need effective fraud detection software to spot suspicious activities faster and minimize the damage.

Innovecs, an innovative digital product development company that delivers groundbreaking solutions and provides engineering services to the world’s leading disruptive companies, has recently been mentioned in the DOU semiannual rating Top 50 Biggest Ukrainian IT Companies and taken the 30th place. The rating was based on the talent pool growth figures over the last 6 months.

E-commerce does not stand still. Over the last few years, the industry has rapidly grown. According to Statista, the e-commerce sector accounted for 11.9% of global retail sales in 2018, and by 2021, it is expected to account for 17.5%. Such rapid growth has caused the appearance and development of industry juggernauts such as Amazon, eBay, or Alibaba whose power lies in data centralization and superiority. The question arises: what can be done to compete more successfully in the e-commerce market? New technology is the answer. For example, in 2007, Nokia was number one in mobile phone manufacturing. The same year, Apple unveiled its iPhone 1, and today, who talks about Nokia? Apple is in all the media. The same refers to e-commerce. New technology can be a monopoly breaker. Today, this technology is blockchain. This is why it is so important to understand: how blockchain technology in ecommerce works, and and what are its use-cases in the industry.