Big data. It’s revolutionizing the way organizations do business. You’ve heard of it and you know that more and more organizations are using big data analytics. In fact, your competitors are probably using big data to plan their marketing. But what is big data and why is it so important? Should you consider big data services for your
Insurance firms have been undergoing a digital revolution powered by data analytics services for several years. Insurance businesses now have access to high-level data and information, which they may use to improve insurance procedures and create new opportunities. This has improved the speed, efficiency, and accuracy of insurance businesses at all levels. The insurance industry
What Is Digital Transformation? Digital transformation is when there is an integration of digital technology in all areas of business. The result of this integration is that it transforms the way the business operates at a foundational level. It can be used to modify existing systems within a business or create new and transformative ones. It
Corporations, particularly those that are focused on making sales to a broad audience- as opposed to selling a small number of large ticket items- have always had a keen interest in crunching numbers related to the way’s customers interact with their brands to boost sales. This is what we might refer to as data analytics. But
Global Digital Transformation Company, Techwave has signed an exclusive worldwide agreement with Promecom, a Hungarian company to market Medistance, a proprietary Remote Patient Monitoring solution. This partnership will enable Promecom to leverage Techwave’s global market access. Remote Patient Monitoring (RPM) is a technology that allows patient’s monitoring outside standard clinical environments that boost access to
The Techwave group of companies’ Chairman Damodar Rao Gummadapu has been conferred with the esteemed title of India’s Greatest Brands and Leaders Award in its 4th edition at the Pride of the Nation Awards and Business Summit 2019. The award ceremony took place in Mumbai, and it was a Summit of various renowned industries. Mr.
SAP’s latest upgrade is allowing customers to enjoy improved user experience, streamlined transactions, real-time data, flexible APIs, and host of new functionality. That’s why SAP customers are now moving to implement SAP S/4 HANA solutions. This cutting-edge update is poised to take Enterprise Resource Planning (ERP) to the next level. And that makes migration to
Techwave loves to foster new ideas and give opportunities to let our team members showcase their amazing talents. We recently hosted a “Hackathon” that tasked our members with creating an application to improvise our service and customer satisfaction. This event was designed to capture, collaborate, evaluate and select “Bright Ideas”. The ideas needed to be practical,
Artificial Intelligence (AI), and other related concepts such as predictive modeling, the internet of things (IoT), and machine learning have taken the business space by storm. According to a recent news article, AI contributed about $2 trillion to the global economy last year. The news article goes further to predict that it will contribute as much as
In the digital era, Big Data has drastically changed the landscape of business and risk management. With unlimited access to information about potential customers and user behavior, companies are using analytics to improve their risk management practices in more advanced ways than ever before. Here are just four ways Big Data is evolving risk management