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The gaming business has been evolving rapidly since internet penetration has gained momentum. Games moved to online and became easily accessible and free-to-start. There is also plenty of monetization models in gaming, allowing publishers to generate more revenue. To start a gaming business successfully, one needs to dive deeper into the industry’s history and find out how customers are behaving. For example, modern gamers lead a healthy lifestyle, love sports, and traveling. Males and females are almost equally occupated the market. Another critical insight is that today’s games are entirely free-to-start and generate revenues from in-game purchases. To launch a game successfully, a company has to create an in-depth investigation of the audience, build a plan, hire a dedicated developers team, and stay in line with trends. To learn more, read this compelling article – https://innovecsgaming.com/blog/gaming-culture-vital-for-gaming-business/  

Inc. magazine today has revealed that Innovecs is No. 1992 on its annual 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. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

To understand what blockchain is, one needs to imagine a virtual ledger capable of registering and verifying a huge number of electronic transactions quickly and safely. Today, this shared ledger technology has greatly expanded the area of application. The first blockchain use cases originate from financial institutions and cryptocurrencies called Bitcoin, Litecoin, Ethereum – just to name a few. The annual global market for blockchain development has increased almost trice since 2017 and is going to reach approximately US$16B in the next three years. Industries from healthcare to food to notary are beginning to adopt blockchain. To dive deeper, let’s go back to the basics of the technology.

Innovecs has announced a media partnership with Emerging Europe, a London-based intelligence, community, and news platform. Emerging Europe will support three major Innovecs CEO Night events. CEO Nights is a series of online thematic discussions with CEOs and senior executives of Ukrainian and international businesses held by InnoHub, our multimedia venue. Speakers discuss ways to develop Ukrainian companies and technology, current global trends, and share success stories.

On July 22, 2020, Innovecs hosted the online talk, “Why bother? Coding for designers”, dedicated to the importance of foundational coding skills for artists. Playwork’s Art Director, Giacomo Maragliulo, and Manager of Creative Operations, Emmanuel Bergman, uncovered the main reasons designers have to learn to code and how it can help create better visuals. Produced by the InnoHub platform & multimedia studio, this online conversation embraced a large audience and helped shed light on the value of coding knowledge in design. Like all our previous InnoHub events, this one was also aimed to share knowledge and help develop professionally. Keep track of all our events on the official InnoHub page. Now, let’s outline the key points of the conversation below.

Many organizations have already moved their workloads to the cloud. According to recent research, migrations to the public cloud grew to 92% from 89% for the last three years. And now, over 80% of firms with 1000 workers or more are using multiple cloud platforms at a time. By 2024, this percentage is expected to jump up to 90%. Moreover, during the next year, the global market spending on public platforms is going to hit the staggering US$277 billion, which is 73% more than in 2018. Many companies rushed into cloud computing because it enables them to be agile and competitive in a fast-paced and ever-changing customer landscape. Cloud is a solution to reduce the expenses for maintaining on-prem workloads; it fosters constant improvements by scaling the applications on demand; it aids in streamlining and standardization of security measures.

The value of effective global supply chain management is increasing each year, as nearly 10-12% of global GDP comprises logistics activities. This percentage shows that people tend to consume more and more. And along with the need to get the deliveries on time, customers seek a seamless and superfast shopping experience. Thus, 30% of businesses worldwide stated that their primary objective is to satisfy the rapidly changing customer requirements, which can result in the company’s success. Indeed, companies with high-performing supply chains get more revenues, than the average logistics performers. With this in mind, leaders have to find out the ways to transform their global supply chain management and to adapt to growing customer mandates. According to a recent report Future State of Digital Supply Chain Transformation, over 75% of companies consider the integration of digital tools as a very important component in achieving effective supply chain management (SCM).

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.

Innovecs is a global digital transformation tech company with offices in the US, UK, Israel, and R&D centers in Ukraine. We aim to build and integrate specific technological innovations in many spheres to help people and make the world a better place to live in. We want to share with you the report overviewing the Innovecs social initiatives and achievements in 2020. Please, check the full report by link. In 2020, we have outlined three major social responsibility directions that will be active till the end of the year: Internal CSR initiatives External CSR initiatives COVID-related CSR initiatives Within the Internal initiatives, we have focused on health, education, and ecology. Our comprehensive WOW (Wellness at Workplace) program embraces healthy nutrition at the office, multiple sports activities for employees, wellness events, entertainment, and overall health protection. We have our internal educational platform — InnoCamp — aimed to help develop professionally and personally. In 2020, we have done courses dedicated to Unity and QA Automation. In terms of ecology, we have gone paperless and moved all document management online. Energy saving is the next step to take. Within the External initiatives, we have taken efforts to involve communities and share expertise. We have InnoHub (online and offline), our multimedia venue, for this purpose. Human rights are also our priority this year and the years to come. COVID-19 project The year 2020 was a stress for the whole world with COVID-19 disrupting all areas of life. We have created Innovecs COVID-19 Fund. With its help, we have installed an oxygen pipeline system at the Kyiv City Clinical Hospital No. 17. We plan to create and implement more social initiatives both internally and externally. Also, we are thankful to everyone who has contributed to the realization of our goals this year. There’s much more to come!

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.

Following the tendency of digital transformation, companies worldwide face both new opportunities and hurdles to overcome. On one hand, CEOs get new revenue streams, on the other hand, they have to fight off more targeted and sophisticated cyber-attacks, for which highly professional cyber firms are not a problem anymore. Nearly all C-suite executives from the survey were asked about the core objectives and the majority of them believe their companies will have to cope with severe threats and disruptions in a couple of years. In 2019, 75% of С-level executives named cyber security and technology adoption among their top priorities. Today cyber attackers are seeking highly profitable ways to breach valuable data, such as intellectual property (IP), health records, personal information, or financial data. Thus, they perform complex and the most dreaded crime strategies such as monetizing data access using ransomware or Distributed Denial of Service (DDoS) attacks. A single malicious email can lead to disruptions in most aspects of business operations.

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.