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Software for Logistics Industry: Technology Challenges Handled by Innovecs 

There is one common thread that is consistent throughout the market today. Supply chain reliability continues to be at the forefront of many organizations faced with ongoing challenges such as increased disruptions, globalization and predicting future demand.

#Article #Logistics #Software Development
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September 19, 2018
What is the Impact of Big Data in Logistics and Supply Chain
Disruption and uncertainty. This is how PwC described ever-changing customer behavior. Today, B2B companies demand quicker shipments with more cost efficiency and visibility, while B2C customers show persistence in going digital. What is the outcome? Retailers and supply chain players are jumping on the tech bandwagon to keep afloat.
#Article #Big Data & Highload #Logistics
September 04, 2018
How Artificial Intelligence Can Improve the Logistics Industry
For a long time, logistics providers have depended on research and analytics to collect and understand the huge data they collect. But lately, data volumes continue to grow by leaps and bounds, making the old ways of doing business outdated. It is for this reason artificial intelligence is finding numerous applications in logistics industry networks within the supply chain. In the logistics industry, artificial intelligence refers to new computing methods, like machine learning, deep learning, and natural language processing. These new techniques help in both streamlining and automating processes from start to finish. In other words, computers can now be used to parse data, give analytics, and generate events depending on their conclusions. In the grand scheme of things, the new technologies mean a total reconfiguration in the logistics industry and the way business is carried out in 2018 and beyond.
#Article #Logistics #Machine Learning
July 20, 2018
Challenges in Software Development Projects: Experience Gained by the Innovecs Tech Team
Running IT projects can be painful even in Agile-driven environments. The 2017 PMI findings say 14 percent of them fall short of business expectations. This figure is not as big as it used to be five years ago, but it shows IT project failures do occur, and there are still many rabbits to pull out of the hat. What difficulties can put software development projects at risk? We have asked top engineering managers at Innovecs to name the most common ones and suggest possible solutions to avoid project failures.
#Article #High Tech #Software Development
June 21, 2018
Your Checklist to Planning Technology Outsourcing to Ukraine
Few people know the very first technology outsourcing company in Ukraine appeared as early as 1989. Since then, the country’s IT industry has seen huge economic growth. As the IT Ukraine Association asserts, it has contributed about 3,34% to the Ukrainian GDP in 2017 and is expected to reach 4.65% by 2025.
#Article #High Tech #Software Development
June 08, 2018
IT Security Measures to Take Before Hiring Technology Developers
WikiLeaks-like incidents prove cyber attacks and data breaches are endemic. In software development outsourcing, this may happen due to various reasons: NDA (non-disclosure agreement) violations, unauthorized data access, malware usage, or worse – the inclusion of malicious code (coding mistakes, poor coding practices, or (gasp!) mischievous intentions).
#Article #High Tech #Software Development
June 01, 2018
IT Outsourcing Partners in Eastern Europe: Are They Worth Betting On?
When it comes to top outsourcing destinations, international rankings like A.T. Kearney, Tholons, or Clutch tend to name Eastern Europe in addition to Asia and Latin America.
#Article #High Tech #Software Development
May 24, 2018
Innovecs Digest
Innovecs weekly digest is your quick guide to the latest IT news discussed in the professional community. Stay tuned and explore engaging updates to keep up with the fast pace of the change in the digital world.
#Article #Blockchain #FinTech #High Tech #Machine Learning
February 16, 2018
Machine Learning in Supply Chain: The Integrity and Transparency of Marketing Research
Supply Chain is a complex of technologies, processes, and resources (human, time and space) whose purpose is to introduce a certain product into the market. The development of artificial intelligence software can significantly aid the processes of gathering, sorting, and analyzing the data required for marketing research to take place. Being fundamental to the concept of artificial intelligence, machine learning can increase the precision of supply chain planning (as well as marketing predictions) and, therefore, boost sales levels to their full potential.
#Article #Logistics #Machine Learning
January 12, 2018
Kanban vs. Scrum: What to Choose?
Despite there are numerous methodologies for products creating in the world, these two are the most frequently mentioned leaders. Scrum and Kanban are the most used on IT projects, however, they also can be used in other areas. Not everyone understands the difference between these development methodologies but every detail in this business can increase productivity in building products. In this article, we will talk about the features of Kanban and Scrum that distinguish them from each other, and also why it makes no sense to choose only one of them.
#Article #High Tech #Software Development
December 04, 2017
How to Choose Outsourcing Partner For Reaching Your Goals
If you are thinking about how to choose an outsourcing partner, then you are on the right path to success. Indeed, such questions should not be resolved in a temper. The choice of the form of cooperation has a great influence on the final result, therefore, in order to obtain a quality product one should learn about everything in advance. There are so many subtleties about where to choose a partner, where to find the best developers, how much money you are willing to spend on development. At the same time, no one item can be overlooked, since such inattention can strike the whole partnership. Be sure, the time spent studying the intricacies of selecting a team for outsourcing the project will pay for itself repeatedly.
#Article #High Tech #Software Development
November 28, 2017
Tips and Tricks To Make Outsourcing Software Development Work For Your Business
Business in the new format can look like a chaise longue on the ocean beach instead of a crowded office. Many successful businessmen have transferred software development to outsourcing. Thus, the competitive advantage of outsourcing software development is not fully appreciated and well evaluated. It still gives too many questions with unclear answers and stereotypes like “cheap means worse”. Let’s figure out what it’s like, what are the competitive advantages and risks of outsourcing software development.
#Article #High Tech #Software Development
October 26, 2017
Blockchain in Financial Services: What Is The Main Advantage Of This Technology
Probably most of us learned about the concept of blockchain at the same time as the massive spike in interest to the bitcoin crypto-currency arose. Bitcoin literally does not come off the pages of news about the world economy and finances, therefore it is quite logical that the technology itself attracts a lot of attention. So, let us figure out: what is blockchain, why all the incredible excitement about it, and, in particular, what role does blockchain in financial services play? We will discuss this in more detail below.
#Article #Blockchain #FinTech
September 27, 2017
Initial Coin Offering Investments: What are the Biggest Risks and Prospects of ICO?
ICO – new scheme for financing business startups, the essence of which is in acquiring a part of the company and obtaining an appropriate share of the profit by investor. Recently, the so-called ICO or Initial Coin Offering has become very popular. The development of the cryptocurrency has opened new opportunities for financing startups and now everyone can become a participant in a large project that will subsequently bring in a large income. But is it so simple to earn on this kind of crowdfunding? Let’s figure out what it’s like, what are the advantages and risks of ICO.
#Article #Blockchain #High Tech
September 21, 2017
In the land of the phone, Big Data’s bigger than big and Artificial Intelligence is real
In America alone, people are looking at their mobile devices more than 9 billion times a day – up 13 percent from last year, according to Deloitte. Telecom companies can make mammoth business gains with Big Data and Artificial Intelligence — if they can harness and use Big Data expertise and machine learning expertise.
#Article #Big Data & Highload #High Tech #Machine Learning
September 14, 2017
Why Israeli Startups Use Software Development Services Offered by Ukraine
‘How many developers are there in the world?’ This is what once puzzled London’s GitHub CEO, Chris Wanstrath, and inspired to deliver a great keynote about the upcoming big change in software development services. The approximate estimate is about 20-21 million. However, this figure can hardly cover all wannabes and hobbyists out there. With thousands of digital nomads scattered all over the world, you can’t help thinking about a surplus of programmers to be faced soon. Paradoxically, the 2016-2017 survey shared by ManpowerGroup says there’s a 40 percent shortage of employees globally with skilled IT staff being on the second place.
#Article #High Tech #Software Development
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