According to MarketsandMarkets Research, at the beginning of 2019, the speech recognition market was estimated at $7.5 billion. It is believed that in 5 years, this amount will increase by another 19% to $ 21.5 billion in 2024. It is apparent that speech recognition technologies are among the most valued and sought after. Development of […]

Blockchain in the Financial Sector of Today What is blockchain? It is a distributed database that contains information about transactions carried out by system participants. Its main feature is the exclusion of the human factor which ensures a high level of trust. Today retail and investment banks, brokerage firms, and payment networks actively use this […]

From IoT to IoA For technologies to be in demand by businesses, they must have a significant impact on the economy. An effective competitive strategy is to reduce costs by automating business processes. Two years ago, it was expected that there would be a revolutionary breakthrough in the area of IoT. Today, IoT is mainly […]

Automation in the Healthcare Industry - what problems automation in healthcare could solve. What is automation in healthcare and examples of automation in healthcare.

Robots or Programs? The concepts of robotics and artificial intelligence are often mixed in technology development forecasts. People imagine that robots will replace lawyers, clerks, and even high-ranking officials. But robots are often considered to be mechanisms allowing people to automate a particular process, while artificial intelligence is able to make major decisions. Thus, Big […]

Blockchain isn’t just used for cryptocurrency Blockchain is quite a new technology for business. Most often, its application is associated with the cryptocurrency market. However, blockchain technology is also suitable for traditional business. Classic databases are based on the Create-Read-Update-Delete (CRUD) process and imply that a user with administrative rights can change data at any […]