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#Digital Adoption Platform Software Market
imrmarket · 2 years
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Global Digital Adoption Platform (DAP) Software Market 2022
The Digital Adoption Platform (DAP) Software market will change significantly from the previous year. Over the next six years, will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028.
A software layer called a digital adoption platform (DAP) is layered on top of another software programme or website to direct users through chores and functions. Employee success and internal employee training are the two main use cases for these platforms (external).
The Global Digital Adoption Platform (DAP) Software Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries examines the potential of the global Digital Adoption Platform (DAP) Software market and provides statistical data on market dynamics, growth factors, significant challenges, PEST analysis, market entry strategy Analysis, opportunities, and forecasts. The report's strategic analysis of the effects of COVID-19 is its main selling point for businesses in the sector.
Covid-19 Impact and Recovery Analysis on Industry:
We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Digital Adoption Platform (DAP) Software industry. The study categorizes the Digital Adoption Platform (DAP) Software industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.
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Leading players involved in the Digital Adoption Platform (DAP) Software Market includes:
·         WalkMe
·         AppLearn
·         UserIQ
·         Appcues
·         Whatfix
·         Inline Manual
·         MyGuide
·         Userlane
·         Toonimo
·         3DR
·         AetherPal
Segmentation of Digital Adoption Platform (DAP) Software Market:
The analysis also divides the Digital Adoption Platform (DAP) Software Market on the Type:
·         On-Premises
·         Cloud Based
The analysis also divides the Digital Adoption Platform (DAP) Software Market on the Applications:
·         Large Enterprises
·         SMEs
Regional Segmentation Digital Adoption Platform (DAP) Software Market:
·         North America (U.S., Canada, Mexico)
·         Europe (Germany, U.K., France, Italy, Russia, Spain rest of region.)
·         Asia-Pacific (China, India, Japan, Southeast Asia rest of region.)
·         South America (Brazil, Argentina rest of region.)
·         Middle East & Africa (Saudi Arabia, South Africa rest of region
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The report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategy and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment to the emerging segment of the global Digital Adoption Platform (DAP) Software market in the near future.
Highlighting points of Global Digital Adoption Platform Software Market Report:
·         The Digital Adoption Platform Software global market report provides an exhaustive qualitative and quantitative analysis that will provide insight into the industry.
·         This Digital Adoption Platform Software market insight includes data from significant participants such as marketers, industry experts, and investors.
·         The Digital Adoption Platform Software market report’s objective is to provide an exhaustive perspective from all stakeholders for young marketers and entrepreneurs.
·         Trends and drivers are discussed in the Digital Adoption Platform Software Market Report
·         The global Digital Adoption Platform Software market report delivers an overview of the global competitive environment.
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The purpose of this report is to present a comprehensive assessment of the market, including thoughtful insights, facts, historical data, industry-validated market data and forecasts, along with appropriate assumptions and methodologies. The report also helps in understanding global Digital Adoption Platform (DAP) Software market dynamics, structure by identifying and analyzing market segments and forecasting the global market size.
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mariacallous · 9 months
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The first devices that will have to be sold according to strict EU directives will hit the European market after Apple on Tuesday presented its new iPhone with a USB-C charge point.
A European Union law requires phone manufacturers to adopt a common charging connection by December 2024 to save consumers’ money and cut waste. The iPhone 15 is the first Apple device to have a USB-C charger instead of Apple’s usual Lightning charger, after the EU ordered manufacturers to introduce identical connections.
Apple fiercely opposed the law in 2022, arguing that it would punish innovation, but the 27 EU member states make up the largest single market in the world, so they relented.
Common chargers are not the only requirements in the European Parliament’s push to make life easier for consumers and reduce waste, a Croatian member of the European Parliament, Biljana Borzan, who was one of the strongest advocates for the adoption of that act, told BIRN
“The single charger initiative is ten years old. The European Parliament then gave a mandate to the European Commission to implement it. A charger is an independent act, but in addition to mobile phones, other small devices such as tablets, game consoles, speakers, keyboards, headphones and laptops are also included,” Borzan said.
“My political group [Progressive Alliance of Socialists and Democrats in the European Parliament] has been the loudest about chargers. We cannot say that I was the initiator because it was initiated before I arrived in the European Parliament, but I certainly worked intensively on it,” Borzan said.
The common charger is not the only battle against Big Tech that the EU has won. Brussels believes it will win several more in the coming months.
The EU’s new technological target is artificial intelligence, AI, since the chatbot ChatGPT pointed to the rapid development of this technology last year. Brussels hopes to give a green light to a comprehensive AI law by the end of 2023.
“The directive on artificial intelligence is in the last negotiations. There are other directives that are relevant, for example, the Ecodesign Directive, but also my Directive that determines the availability of software to the consumer,” Borzan said.
The October 2022 landmark Digital Services Act, DSA, and the accompanying Digital Markets Act, DMA, are the biggest and latest attempts to rein in big tech companies.
The DSA requires companies to crack down on harmful and illegal content online and to assess the risks their platforms pose to society. Violation of the rules incur a penalty of 6 per cent of the offender’s annual global turnover.
Under the rules, 19  large internet platforms, including Facebook, Instagram, TikTok, X (formerly Twitter) and YouTube, had till August this year to comply with the DSA. All platforms will have to comply by February 2024.
These major platforms have already introduced changes, including the banning of targeted advertising to children.
“Different parts of the DSA apply to different market players. Last week, the Commission published a list of ‘gatekeepers’, large platforms that will bear special responsibility for the content on them. They are not overly enthusiastic about it, and Zalando even sued the EC before the European Court because they were involved,” Borzan told BIRN.
The changes are not limited to the EU. Snapchat said it would also limit personalized advertising to minors in the UK.
The DMA is another thorn in the side of technology firms, especially Apple. The law aims to dilute the dominance of the big players and make the market fairer.
The EU has an eye on six of them, in particular: Alphabet (Google), Amazon, Apple, Meta (Facebook), Microsoft and ByteDance (TikTok). The DMA will force Apple to allow third parties to use its App Store.
General Data Protection Regulation, GDPR, came into effect in 2018 and was the strictest and best-known EU law in the field, ensuring that citizens have to give consent to the ways in which their data will be used.
In May, Ireland’s privacy regulator imposed its largest ever single fine of €1.2 billion on Meta for transferring personal data between Europe and the US.
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Harnessing Data Potential: The Rising Landscape of the Product Information Management Market
The rising revenue generation capacity in the product information management market can be attributed to the need for PIM solutions amidst the increasing complexity of managing large volumes of product information across diverse channels. Seamless integration with third-party applications and platforms provided by product information management businesses makes it a priority in the market dynamics. The scope for the product information management market increased with the increasing awareness of the importance of efficient data management, as businesses realize that accurate and latest product information is critical for success in the digital age. PIM helps to standardize the increasingly complex demands of product content including size, ingredients, weight, colors, and other product specifics.
The growing adoption of PIM software solutions across various industry verticals delivers better consumer and omnichannel experience by streamlining an organization's internal and external marketing processes. PIM system facilitates the distribution of product information across various sales channels ensuring consistent and accurate data presentation. E-commerce websites, marketplaces, print catalogs, mobile applications, and many more sales channels use PIM to focus on robust data governance frameworks for data quality assurance.
 The integration of AI with PIM is revolutionizing the entire market dynamics. Automated processes are streamlining data management to improve efficiency. This contributes largely to market growth. Market players are leveraging blockchain technology to enhance data security and transparency by providing trustworthy product information. There are several investment opportunities in companies that are innovating within the PIM space, particularly those incorporating technologies like AI, machine learning, and automation to enhance data enrichment.
The product information management market landscape includes various players offering PIM software Solutions with innovative features, cost-effective price models, and regional audiences. The strategies adopted by market players to remain relevant in the market scenario include investing in companies that emphasize providing omnichannel experience across various touchpoints like online marketplaces, mobile apps, social media, and physical stores. This also helps them increase their consumer footprint.
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whitebunnie · 10 months
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API Integration Services for Your Business?
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Introduction: The Blueprint of Connectivity - API Integration Services for Your Business
In today's interconnected digital landscape, the success of a business is often determined by its ability to seamlessly integrate various software systems, applications, and data sources. This is where the game-changing API Integration Services step in, redefining how businesses function and collaborate. In this blog post, we will embark on a journey into the world of API Integration, uncovering its unparalleled benefits and exploring how it can reshape the very core of your business operations.
Section 1: The API Integration Advantage: A Foundation for Growth
Imagine a scenario where your e-commerce platform effortlessly syncs with your inventory management system, customer data flows smoothly between your CRM and email marketing tool, and real-time updates are instantly reflected across your platforms. This is the power of API Integration Services, the engine that drives data connectivity and collaboration in the digital age. By establishing a foundation of interconnectedness, businesses can harness the potential of their existing tools and software, enhancing efficiency, accuracy, and agility.
Section 2: Streamlining Operations for Efficiency and Productivity
In the dynamic world of business, time is money, and every second counts. Manual data entry, duplicate tasks, and disjointed processes can drain valuable resources and hinder productivity. API Integration Services eliminate these roadblocks by automating data exchange and workflow processes. Consider a scenario where customer orders placed on your website are automatically updated in your CRM and inventory management system, triggering the packaging and shipping process without manual intervention. This not only speeds up order fulfillment but also reduces the risk of errors, allowing your team to focus on strategic initiatives rather than repetitive tasks.
Section 3: The Customer-Centric Revolution
Customer expectations have evolved, and businesses must adapt to deliver exceptional experiences. API Integration Services empower businesses to consolidate customer data from various touchpoints, providing a holistic view of each customer's interactions and preferences. Imagine the power of personalized marketing campaigns that are fueled by data from past purchases, browsing behavior, and support interactions. This level of personalization enhances customer engagement and loyalty, driving revenue growth and setting your business apart in a competitive landscape.
Section 4: Driving Data-Backed Decision Making
In the age of information, data is a priceless asset. API Integration Services provide the infrastructure for accurate and real-time data sharing across departments, enabling informed decision-making. For instance, a retail business can leverage API integration to connect its sales data with inventory levels and customer feedback, facilitating data-backed restocking decisions, targeted promotions, and strategic product launches. This not only minimizes guesswork but also positions your business to respond swiftly to market trends and customer demands.
Section 5: The Flexibility to Scale and Innovate
As businesses grow, their technology needs evolve. API Integration Services offer the flexibility to seamlessly incorporate new tools, applications, and platforms into your existing infrastructure. Whether you're adopting cutting-edge analytics software, expanding into new markets, or integrating with third-party services, APIs provide a bridge that supports growth without the headache of disruptive system overhauls. This scalability ensures that your business remains agile and adaptable in the face of changing landscapes.
Section 6: A Closer Look at API Integration Strategies
Effective API Integration is not a one-size-fits-all endeavor. It requires a strategic approach tailored to your business's unique requirements. Our team of experts specializes in crafting API Integration strategies that align with your goals and systems. We assess your existing infrastructure, identify integration opportunities, and design a roadmap that ensures a seamless and secure data exchange. Whether you're implementing a point-to-point integration or orchestrating a more complex ecosystem, our strategic approach guarantees a streamlined implementation.
Section 7: Breaking Down Silos for Enhanced Collaboration
Silos within an organization can hinder communication, stifle innovation, and impede growth. API Integration Services break down these barriers by fostering collaboration across departments and teams. For instance, in a manufacturing company, APIs can enable real-time data sharing between production, logistics, and quality control, leading to better coordination, improved efficiency, and reduced delays. This collaborative approach not only enhances internal operations but also improves customer satisfaction by delivering a more cohesive and responsive experience.
Section 8: Future-Proofing Your Business
In a rapidly evolving digital landscape, staying ahead of the curve is paramount. API Integration Services provide the agility to adapt to emerging technologies, tools, and trends. By embracing a future-proof approach, your business can leverage new opportunities, remain competitive, and maintain a cutting-edge presence. The ability to integrate with emerging technologies such as AI, IoT, and blockchain positions your business for sustained success in an ever-changing world.
Section 9: Transform Your Business with API Integration Services
In the grand symphony of modern business, API Integration Services play the role of the conductor, harmonizing data, processes, and systems into a unified masterpiece. As we conclude our exploration, it's evident that API Integration has the potential to transform your business by enhancing efficiency, streamlining operations, and delivering exceptional customer experiences. Embrace the power of connectivity and let API Integration Services propel your business into a future of growth and innovation.
API Integration Services are the gateway to a connected and efficient business ecosystem. With our expert guidance, you can unlock the full potential of seamless data exchange, streamline operations, and drive growth in today's digital landscape.
Meta Description: Elevate your business to new heights with our comprehensive API Integration Services. Discover how harnessing the potential of seamless data connectivity can revolutionize your operations and drive growth.
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in2itebs · 10 months
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How Rise with SAP S/4HANA Cloud Can Transform Your Business
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SAP S/4HANA Cloud is a next-generation enterprise resource planning (ERP) software solution that enables businesses to gain real-time insights and analytics for better decision-making. It is a cloud-based platform that offers various modules, including finance, procurement, supply chain, manufacturing, and sales. Rise with SAP, on the other hand, is a holistic program designed to help businesses simplify their digital transformation journey and accelerate their time-to-value. It provides end-to-end support for businesses to migrate to SAP S/4HANA Cloud, including deployment, customization, and ongoing maintenance and support.
Digital transformation has become essential for businesses to stay competitive and relevant in today’s fast-paced, technology-driven landscape. It is a process of adopting digital technologies and modernizing business processes to improve efficiency, reduce costs, and enhance customer experiences. The need for digital transformation has been further amplified by the COVID-19 pandemic, which has accelerated the adoption of digital technologies across various industries.
By leveraging the power of SAP S/4HANA Cloud and Rise with SAP, businesses can streamline their digital transformation journey and gain a competitive edge in their industry. These solutions provide businesses with the agility and flexibility to adapt to changing market conditions and customer demands, which is crucial in today’s uncertain business environment.
Benefits of SAP S/4HANA Cloud
SAP S/4HANA Cloud offers several benefits to businesses, including:
Improved agility and efficiency: SAP S/4HANA Cloud provides businesses with a flexible and scalable platform that can adapt to changing business needs. It offers real-time insights into business operations, enabling businesses to make data-driven decisions quickly. It also simplifies business processes, reduces manual effort, and improves operational efficiency.
Real-time insights and analytics: SAP S/4HANA Cloud provides businesses with real-time analytics that enable them to gain insights into their operations, customers, and markets. It offers predictive analytics capabilities that can help businesses forecast trends and identify opportunities for growth.
Better decision-making capabilities: With real-time insights and analytics, businesses can make informed decisions quickly. SAP S/4HANA Cloud provides businesses with a unified view of their operations, enabling them to make decisions based on a holistic view of their business.
Enhanced customer experiences: SAP S/4HANA Cloud enables businesses to provide personalized and seamless customer experiences. It enables businesses to streamline their sales and service processes, provide customers with real-time updates, and respond to customer queries quickly.
By leveraging these benefits, businesses can improve their operations, reduce costs, and enhance customer experiences, among other benefits.
Read more....
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Best Software Development Services in India
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Introduction:
Empowering Businesses with the Best Software Development Services in India: Microlent Systems - In the dynamic digital era, businesses across the globe seek to harness the power of software development to propel their growth and success. India, known for its tech-savvy talent and innovation-driven ecosystem, has become a hub for top-notch software development services. Among the frontrunners in this domain, Microlent Systems stands tall as one of the leading software development companies in India. In this blog post, we will explore how Microlent Systems empowers businesses with its exceptional software solutions, driving innovation, and meeting diverse industry needs.
Expertise and Experience:
At the heart of Microlent Systems lies a team of seasoned professionals with extensive expertise in software development. With a deep understanding of various technologies, programming languages, and frameworks, they possess the skills to craft bespoke software solutions for businesses of all sizes and industries. Their wealth of experience ensures that each project is executed seamlessly, meeting deadlines and exceeding expectations.
Comprehensive Software Solutions:
Microlent Systems offers comprehensive software development services that cover the entire spectrum of IT requirements. From web and mobile applications to enterprise solutions, e-commerce platforms, and custom software, the company delivers end-to-end solutions that cater to the unique needs of clients. Their client-focused approach ensures that every software product is aligned with the business goals and objectives of the customer.
Cutting-Edge Technologies:
Staying ahead in the rapidly evolving tech landscape is imperative, and Microlent Systems takes this to heart. The company adopts cutting-edge technologies, best practices, and modern development methodologies to create robust and future-proof software solutions. By leveraging emerging technologies such as Artificial Intelligence, Machine Learning, and IoT, Microlent Systems enables businesses to gain a competitive edge in their respective markets.
Agile Development Methodology:
Agility is at the core of Microlent Systems' software development process. By adhering to agile methodologies, the company ensures that projects are executed in iterative and collaborative cycles. This approach facilitates better communication, flexibility to adapt to changing requirements, and quick delivery of high-quality software solutions.
Client-Centric Approach:
Microlent Systems places the utmost importance on understanding the unique needs of its clients. Their client-centric approach involves active collaboration, thorough requirement analysis, and regular updates throughout the development process. This ensures that the software aligns perfectly with the client's vision and delivers tangible value to their business.
Robust Quality Assurance:
Quality is a non-negotiable aspect of Microlent Systems' software development services. The company employs stringent quality assurance measures, including thorough testing and debugging, to ensure that the software is bug-free, secure, and performs optimally. The dedication to quality results in software solutions that stand the test of time and deliver exceptional user experiences.
Conclusion:
In the bustling landscape of software development services in India, Microlent Systems shines as a beacon of excellence. With its unmatched expertise, comprehensive solutions, cutting-edge technologies, agile methodologies, client-centricity, and robust quality assurance, Microlent Systems stands tall as one of the leading software development companies in India.
For businesses seeking innovative and tailor-made software solutions to drive growth and success, partnering with Microlent Systems is a transformative step towards digital empowerment. Embrace the power of Microlent Systems' software development services to unlock your business's true potential and stay ahead in the ever-competitive digital realm.
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bytenology · 1 year
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Exploring the Key Players and Latest Innovations in the Booming AR Market
The AR market is growing at an impressive rate, and there are some key players in its development and implementation.
Google LLC is one of the leaders in the AR market, with its AR platform, ARCore, offering advanced AR features such as motion tracking and environmental understanding.
Apple's ARKit platform has also been widely adopted by developers, and the company has been rumored to be working on AR glasses.
Microsoft's HoloLens AR headset is another significant player in the market, with its advanced AR features making it popular in various industries such as healthcare and education.
Magic Leap Inc. is a pioneer in AR development and has developed a range of AR headsets and software that are designed to provide an immersive and interactive experience.
Arbeon, a Korean IT startup, with their developing app AR social media app, which will provide users with various digital experiences such as social media, commerce, information search, and AR content creation tools.
The AR market is booming, and it will be exciting to see how these key players will continue to shape the industry.
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logicssphereblog · 1 year
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The Power of Software Development: Transforming Ideas into Reality
Introduction: Software development is the driving force behind technological innovation in our digital age. From mobile applications to enterprise systems, software development has the power to transform ideas into functional and impactful solutions. In this short blog, we will explore the significance of software development and its ability to shape our modern world.
Solving Real-World Problems: Software development enables us to address real-world challenges and improve efficiency across various industries. For instance, in the healthcare sector, software solutions have revolutionized patient management systems, electronic health records, and telemedicine platforms, enhancing the quality and accessibility of healthcare services. Similarly, in the transportation industry, software plays a crucial role in logistics optimization, route planning, and driver management, leading to cost savings and improved delivery times.
Enhancing User Experiences: Well-designed software applications can significantly enhance user experiences. Whether it's a user-friendly mobile app or a sleek web interface, software developers strive to create intuitive and engaging experiences for users. By leveraging user-centered design principles and incorporating feedback from usability testing, software developers can create interfaces that are visually appealing, easy to navigate, and seamlessly integrate with users' daily lives.
Empowering Businesses: Software development empowers businesses by providing them with custom solutions tailored to their specific needs. From customer relationship management (CRM) systems to inventory management software, businesses can leverage software to streamline operations, automate repetitive tasks, and gain valuable insights from data analysis. This allows organizations to make informed decisions, improve productivity, and stay ahead in a competitive market.
Enabling Innovation: Software development is at the forefront of innovation, constantly pushing the boundaries of what is possible. Through advancements in artificial intelligence (AI), machine learning, and data analytics, software developers have the tools to develop intelligent systems that can automate processes, make predictions, and provide personalized recommendations. These innovations have led to breakthroughs in fields like healthcare diagnostics, autonomous vehicles, and personalized marketing strategies.
Collaboration and Open Source: Collaboration is a key aspect of software development. The open-source movement has fostered a culture of sharing and collaboration, allowing developers worldwide to contribute to projects, share code, and build upon existing solutions. This collaborative nature of software development encourages knowledge sharing and helps accelerate innovation.
Continuous Improvement: Software development is a dynamic field that embraces continuous improvement. Developers are constantly refining their skills, adopting new technologies, and staying up to date with industry trends. This dedication to continuous learning and improvement ensures that software solutions are efficient, secure, and capable of adapting to changing user needs.
Conclusion: Software development is a powerful tool that shapes our modern world, enabling us to solve problems, enhance user experiences, empower businesses, and drive innovation. From healthcare to transportation, education to entertainment, software development is at the core of technological advancements across industries. As technology continues to evolve, software developers will play a pivotal role in creating the software solutions that will shape our future.
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btrestrozucol · 1 year
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How to Run a Restaurant Business Successfully in India: Essential Tips and Strategies
A thorough understanding of the Indian food sector, effective administration, and careful planning are all necessary for operating a successful restaurant. With the ever-increasing competition and evolving customer preferences, restaurant owners must stay ahead of the game to thrive in this dynamic market. In this article, we will explore essential tips and strategies for running a restaurant business successfully in India, with a particular focus on leveraging restaurant system management and software for efficient operations.
Embrace Technology: Restaurant Point of Sale (POS) Systems-
One of the most crucial aspects of running a successful restaurant business is adopting modern technology to streamline operations. A robust restaurant Point of sales system is an invaluable tool that can revolutionize your restaurant's efficiency and profitability. A restaurant POS system automates various tasks such as order management, inventory tracking, billing, and reporting.
Investing in reliable software for restaurant POS in India can enhance the overall dining experience for your customers. With a feature-rich POS system, you can expedite order processing, reduce errors, and improve table turnover. Furthermore, advanced POS software allows you to manage multiple aspects of your restaurant, including online orders, delivery, and reservations.
Optimize Restaurant System Management
Efficient management of your restaurant system is crucial for smooth day-to-day operations. Here are some essential tips to consider:
a) Staff Training: Invest in comprehensive training programs to ensure your staff is well-equipped to handle various responsibilities. Properly trained employees can provide better customer service, handle busy periods efficiently, and effectively utilize the restaurant POS system.
b) Inventory Management: Implement a robust inventory management system to track ingredients, supplies, and equipment. Regularly monitor stock levels, streamline procurement processes, and reduce wastage to minimize costs.
c) Menu Engineering: Analyze your menu and identify the most popular dishes, as well as the least profitable ones. Optimize your menu by highlighting high-margin items and removing underperforming dishes. This strategic approach can significantly impact your revenue and customer satisfaction.
d) Streamline Operations: Look for areas where you can automate or streamline operations further. This could include implementing self-service kiosks for order placement, online reservation systems, or integrating your POS system with third-party delivery platforms.
Focus on Customer Experience
In the highly competitive restaurant industry, providing an exceptional customer experience is paramount. Happy customers become loyal patrons and often spread positive word-of-mouth, which is invaluable for your business. Here are some tips to enhance the customer experience:
a) Personalized Service: Train your staff to provide personalized attention to customers. Encourage them to engage in friendly conversations, remember regular customers' preferences, and offer recommendations based on individual tastes.
b) Speed and Efficiency: With the help of a restaurant POS system, streamline your order management process to ensure quick and accurate service. Reduce waiting times, expedite food preparation, and optimize the billing process to leave a lasting positive impression.
c) Online Presence: Leverage the power of digital platforms to connect with your customers. Maintain an informative and user-friendly website, regularly update your social media accounts, and actively engage with customer reviews and feedback.
d) Loyalty Programs: Implement a customer loyalty program to incentivize repeat visits. Offer discounts, freebies, or exclusive benefits to encourage customers to choose your restaurant over competitors.
Maintain Quality and Consistency
Consistency is key to building a strong brand reputation and earning customer loyalty. To maintain high-quality standards:
a) Ingredients and Sourcing: Source fresh and high-quality ingredients from reliable suppliers. Ensure your kitchen staff follows strict guidelines for food preparation and storage.
b) Menu Testing: Regularly evaluate and test new dishes or menu updates to maintain consistency in taste, presentation, and portion sizes.
c) Hygiene and Cleanliness: Ensure that your restaurant maintains impeccable hygiene standards. Regularly clean and sanitize all areas, including the dining area, kitchen, restrooms, and storage spaces. Train your staff on proper food handling and safety practices to prevent any health hazards.
d) Feedback and Improvement: Encourage customer feedback and take it seriously. Address any concerns or complaints promptly and take necessary measures to rectify them. Use feedback as an opportunity for continuous improvement and to meet and exceed customer expectations.
Effective Marketing and Promotion
Implementing effective marketing and promotional strategies can help increase your restaurant's visibility and attract new customers. Consider the following tips:
a) Online Presence: Develop a strong online presence through a well-designed website, active social media profiles, and online review platforms. Regularly update your online platforms with enticing content, attractive food photography, and engaging promotions.
b) Local Partnerships: Collaborate with local influencers, food bloggers, and organizations to reach a wider audience. Offer special deals or partnerships to enhance visibility and credibility.
c) Special Events and Offers: Organize special events, themed nights, or seasonal promotions to create excitement and attract customers. Offer discounts, happy hour specials, or loyalty program incentives to entice new and repeat visitors.
d) Customer Referrals: Implement a referral program that rewards customers for bringing in new patrons. Word-of-mouth referrals can be highly effective in attracting new business.
Financial Management and Cost Control
To run a successful restaurant business, effective financial management is crucial. Consider these tips for better cost control:
a) Budgeting: Develop a comprehensive budget that includes all aspects of your restaurant's expenses, including food costs, staff salaries, rent, utilities, and marketing. Regularly review and analyze your budget to identify areas where costs can be reduced without compromising quality.
b) Menu Pricing: Set prices strategically by considering ingredient costs, competition, and customer perception. Ensure that your menu pricing allows for a healthy profit margin without alienating customers.
c) Vendor Negotiations: Build strong relationships with your suppliers and negotiate favorable terms to secure competitive pricing for ingredients and supplies. Regularly compare prices from different vendors to ensure you're getting the best deals.
d) Waste Reduction: Implement measures to minimize food waste and optimize portion sizes. Train your staff on portion control techniques and consider donating excess food to local charities or food banks.
Conclusion Running a successful restaurant business in India requires a combination of effective management strategies, embracing technology, providing exceptional customer experiences, and implementing smart marketing techniques. By utilizing restaurant system management and leveraging pos restaurant software in India, you can streamline operations, enhance efficiency, and improve overall profitability. Additionally, focusing on customer satisfaction, maintaining quality standards, and controlling costs are essential elements of a thriving restaurant business. With dedication, continuous improvement, and the implementation of these essential tips and strategies, you can position your restaurant for success in the dynamic Indian food industry.
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mariacallous · 6 months
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Good news is coming to your group chat. Today, Apple said it will add support for the RCS messaging standard to the iPhone. The website 9to5Mac broke the news that Apple will release a software update some time next year that will bring support to iOS for the messaging standard, which is already widely used by Android phones.
RCS, or Rich Communications Standard, is a messaging service that’s a step up from the SMS and MMS messaging standards that smartphones have used since they first arrived. RCS can do more than SMS and MMS: It allows users to share higher-resolution photos and videos between their devices; it supports read receipts; and there's more fun stuff, like the ability to easily drop emoji and GIFs into a conversation. It also adds extra layers of security that the older messaging standards lack.
Apple has famously shunned RCS in favor of its own iMessage platform, resulting in a layer of incompatibility that anyone with an Android phone—or any iPhone user who regularly texts people with Android phones—is painfully aware of. Videos shared between iOS and Android are crunchy and low-bandwidth, and Android users are often confounded by group chats, with missed messages, absent emoji, and other glitches.
For years, Apple has been relying on SMS and MMS to bridge the digital divide between these messaging platforms. It’s the last major holdout, as RCS is already supported by major players like Google, Verizon, AT&T, and T-Mobile. When Apple adds support for RCS, it won’t need that old bridge, and the move could signal the eventual death of SMS.
“It’s long been time for SMS to go away,” says Anshel Sag, principal analyst at the technology analyst firm Moor Insights and Strategy. “Now SMS can die, it can be sunset. So all the viruses and all the security flaws that are due to SMS can be eliminated.”
The move isn't happening immediately; Apple told 9to5Mac that RCS support will come “in the later half of next year.” This timing suggests that support could arrive with the next version of iOS, which typically rolls out in September.
So it’s a ways out, but it's certainly closer than Apple’s previous plan for the feature, which was apparently “never.” A year ago, it seemed Apple was not even considering supporting RCS on the iPhone. Apple CEO Tim Cook glibly joked that you could “buy your mom an iPhone” if you’re having trouble communicating with users on different devices. Since then, pressure has mounted on the company to implement RCS, and some compatibility has emerged between the platforms as they each have evolved.
Last year, Google launched a very public campaign to compel Apple to adopt RCS, which Apple mostly appeared to shrug off. While Google’s push may not have worked to sway Apple, Cupertino has likely been motivated to change its song by the European Union’s recent Digital Markets Act, a piece of legislation that calls for greater interoperability between messaging services.
“I think this was inevitable once the European Markets Act got implemented,” Sag says. “Once that law really got solidified, it was just a matter of Europeans going through their paces and actually implementing the rules and enforcing them.”
Exactly how broad Apple’s support of RCS will be is unclear. Apple has a tendency to follow the letter of the law, so to speak, while also kicking and screaming about it. When similar EU legislation pushed it into offering repair services, it was an expensive process that required users to lug around bulky equipment. Apple was also reluctant to change the iPhone's charging ports to the widespread USB-C standard, only doing so this year once legislation forced its hand. Apple did not respond to requests for comment on this story.
Apple also hasn’t said whether this change will bring an end to those pesky green chat bubbles. In iOS, chats between iPhone users appear in blue-shaded bubbles, but messages from Android users appear in green bubbles.
“I don't know if the green bubble will go away or not, but I have a feeling that they will probably still try to differentiate in a visual manner,” Sag says.
Even with RCS, Apple can choose to continue to brand Android users as outsiders in your group chat. But hey, at least when they drop a video or a sticker, it won’t break the chat anymore.
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transformhubb · 1 year
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10 Breakthrough Technologies & Their Use Cases in 2023
Today's technology is developing quickly, enabling quicker changes & advancements and accelerating the rate of change. 
For instance, the advancements in machine learning (ML) and natural language processing (NLP) have made artificial intelligence (AI) more common in 2023, as part of a digital transformation solutions. 
Technology is still one of the main drivers of global development. Technological advancements provide businesses with greater opportunities to increase efficiency and develop new products. 
Business leaders can make better plans by keeping an eye on the development of new technologies, foreseeing how businesses might use them, and comprehending the factors that influence innovation and adoption, even though it is still difficult to predict how technology trends will pan out. 
Here are the top 10 emerging technology trends you must watch for in 2023.1. AI that creates graphics and assists with payment
The year of the AI artist is now. With just a few language cues, software models created by Google, OpenAI, and others can now produce beautiful artwork. 
You may quickly receive an image of almost anything after typing in a brief description of it. Nothing will ever be the same. 
A variety of industries, including advertising, architecture, fashion, and entertainment, now employ AI-generated art. 
Realistic visuals and animations are made using AI algorithms. Also, new genres of poetry and music are being created using AI-generated art. 
Moreover, AI will simplify the purchasing and delivery of products and services for customers. 
Nearly every profession and every business function across all sectors will benefit from AI. 
The convenience trends of buy-online-pickup-at-curbside (BOPAC), buy-online-pickup-in-store (BOPIS), and buy-online-return-in-store (BORIS) will become the norm as more retailers utilize AI to manage and automate the intricate inventory management operations that take place behind the scenes. 2. Progress in Web3
Also, 2023 is witnessing a huge advancement in blockchain technology as businesses produce more decentralized products and services. 
We now store everything on the cloud, for instance, but if we decentralized data storage and encrypted that data using blockchain, our information would not only be secure but also have novel access and analysis methods. 
In the coming year, non-fungible tokens (NFTs) will be easier to use and more useful. 
For instance, NFT concert tickets may provide you access to behind activities and artifacts.  
NFTs might represent the contracts we sign with third parties or they could be the keys we use to engage with a variety of digital goods and services we purchase. 3. Datafication
The breakthroughs described in the list of technological trends for 2023 will inevitably lead to the datafication of many businesses. 
The act of converting or changing human jobs into data-driven technology is referred to as the process. 
It is the first important development toward a fully data-driven society. Other branches of the same customer-centric analytical culture include workforce analytics, product behavior analytics, transportation analytics, health analytics, etc.  
Due to the vast number of linked Internet of Things (IoT) devices, it is possible to analyze a company's strengths, weaknesses, risks, and opportunities using a greater number of data points. 
According to Fittech, when the market for datafying sectors surpasses $11 billion in 2022, it is evolving into a profitable business model. 4. Certain aspects of the Metaverse will become actual 
The term "metaverse" has evolved to refer to a more immersive internet in which we will be able to work, play, and interact with one another on a persistent platform. 
According to experts, the metaverse will contribute $5 trillion to the world economy by 2030, and 2023 is the year that determines the metaverse's course for the next ten years. 
The fields of augmented reality (AR) and virtual reality (VR) will develop further. 
In the coming year, avatar technology will also progress. If motion capture technology is used, avatars will even be able to mimic our body language and movements. An avatar is a presence we portray when we interact with other users in the metaverse. 
Further advancements in autonomous AI-enabled avatars that can represent us in the metaverse even when we aren't signed in to the virtual world may also be on the horizon. 
To perform training and onboarding, businesses are already utilizing metaverse technologies like AR and VR, and this trend will pick up steam in 2023. 5. Bridging the digital & physical world
The digital and physical worlds are already beginning to converge, and this tendency will continue in 2023. This union consists of two parts: 3D printing and digital twin technologies. 
Digital twins are virtual models of actual activities, goods, or processes that may be used to test novel concepts in a secure online setting. 
To test under every scenario without incurring the enormous expenses of real-world research, designers, and engineers are adopting digital twins to replicate actual things in virtual environments. 
We are witnessing even more digital twins in 2023, in everything from precise healthcare to machinery, autos, and factories. This is a part of the best digital transformation solutions in this new era. 
Engineers may make adjustments and alter components after testing them in the virtual environment before employing 3D printing technology to produce them in the actual world. 6. More human-like robots are coming
Robots will resemble humans even more in 2023, both in terms of look and functionality.  
These robots will serve as event greeters, bartenders, concierges, and senior citizens' companions in the real world. 
While they collaborate with people in production and logistics, they will also carry out complicated duties in factories and warehouses. 
One business, Tesla, is working hard to develop a humanoid robot that will operate in our homes. 
Two Optimus humanoid robot prototypes were unveiled by Elon Musk, who also stated that the business will be prepared to accept orders in the next few years. 
The robot is capable of carrying out simple duties like watering plants and lifting objects. 7. Digitally Immune Systems
The launch of the Digital Immune System must be included in any list of technological trends for 2023. 
This system alludes to an architecture made up of techniques taken from the fields of software design, automation, development, operations, and analytics. By eliminating flaws, threats, and system weaknesses, it tries to reduce company risks and improve customer satisfaction. 
The significance of DIS resides in automating the many components of a software system to successfully thwart virtual attacks of every description. 
According to Gartner, businesses that have already implemented DIS will reduce customer downtime by around 80% by 2025. 
So, if you are looking for the best digital transformation services company to introduce digital immune systems, TransformHub is here to guide you. 8. Genomics
Genomic research has improved our grasp of life and contemporary health analytics while also advancing our understanding of brain networks. 
In the upcoming years, fast-developing technologies such as scarless genome editing, pathogen intelligence, and NGS data analysis platforms will use AI to interpret hidden genetic codes and patterns, elevating genomic data analysis and metagenomics to the top positions in the biotech sector.  
Functional genomics, which uses epigenome editing to reveal the influence of intergenic areas on biological processes, is becoming more prevalent in 2023 technology trends. 9. CRISPR 
The gene-editing technology, CRISPR, has quickly moved from the lab to the clinic during the past ten years. 
Clinical trials for common illnesses, such as excessive cholesterol, have lately been included. It originally started with experimental therapies for uncommon genetic abnormalities and might advance things much further with new variants. 
Due to its ease of usage, CRISPR is quickly becoming a common technology employed in many cancer biology investigations. 
Moreover, CRISPR is entirely adaptable. It is more accurate than existing DNA-editing techniques and can essentially modify any DNA segment within the 3 billion letters of the human genome. 
The simplicity of scaling up CRISPR is an additional benefit. 
To control and analyze hundreds or thousands of genes at once, researchers can utilize hundreds of guides RNAs. This kind of experiment is frequently used by cancer researchers to identify genes that might be potential therapeutic targets. 10. Growth of Green Technology 
Climate change is a fact. It is a rising issue that disturbs governments and society at large and poses a threat to human health and the environment. 
The use of so-called green technology is one method of combating global warming. 
Globally, scientists and engineers are working on technical solutions to reduce and get rid of everything that contributes to climate change and global warming. 
Here are some incredible uses for the same: 
Emissions reduction 
Waste-to-Energy 
Management of waste and recycling 
Biofuels 
Treatment of wastewater 
Solar power 
Tidal and wave power 
Green vehicles 
Smart structures 
Farms and gardens in the air 
TransformHub: Keeping Ahead of Technological Trends 
These innovations have the power to completely alter the way we live, work, and interact. It's critical to be informed about these changes and take their effects into account. 
The epidemic has sped up the necessary industry-wide human-AI collaboration and it looks like 2023 will be the year we catalyze this cooperation into some truly extraordinary inventions. 
For more information on how contemporary automation and AI are fusing all the defining industries of our era into a single data-driven civilization, stay up-to-date with one of the best digital transformation companies in Singapore, TransformHub. 
We take complete accountability to digitally transform your business by providing precisely tailored solutions based entirely on your requirements. 
Let’s connect and bring your vision to life!
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market-insider · 1 year
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5G Systems Integration Market Driven By Increase Investments In U.S., China, And Japan
The global 5G systems integration market size is estimated to reach USD 62.69 billion by 2030, registering a CAGR of 27.3% from 2022 to 2030, according to a new study by Grand View Research, Inc. Robust increase in the investments to deploy 5G network infrastructures across key countries, such as U.S., China, and Japan, has created the demand for integrating entire fifth generation infrastructure and applications across enterprises. This process will help enterprises to work as a centralized platform that will assist in reducing overall complexity. Thus, robust investments in building fifth-generation infrastructure, coupled with the growing need to set up a 5G-enabled ecosystem, are estimated to propel market growth.
Rapidly building smart cities have surged the adoption of numerous Internet of Things (IoT) devices across the globe. IoT devices require enhanced bandwidth to function appropriately. Thus, in order to provide high-speed broadband by supporting fifth-generation New Radio (NR), such as sub-6GHz and mmWave frequency bands, the entire infrastructure across these smart cities need to be upgraded in line with supporting fifth-generation radio network. Therefore, it is further estimated to boost the market growth from 2022 to 2030.
Gain deeper insights on the market and receive your free copy with TOC now @: 5G Systems Integration Market Report
Moreover, with the evolution of industry 4.0, the adoption of industrial sensors and collaborative robots is gaining popularity in the manufacturing sector across the globe. Therefore, to deliver seamless network connectivity to these above-mentioned devices, it is anticipated to raise the demand for 5G system integration services to make entire manufacturing facilities compatible with supporting next-generation 5G NR.
Rapidly rising digital transformation has disrupted the entire operation of the manufacturing industry. This has increased the trend of the machine-to-machine (M2M) communications to increase overall productivity as well as streamline the whole process. As a result, this has further expanded the need for high broadband to deliver uninterrupted connectivity to industrial sensors and robots. Therefore, the growing need for high broadband connectivity to establish seamless communication between machines is expected to elevate the demand for 5G system integration services in the next few years.
Furthermore, with the emergence of new technologies, such as network slicing and software-defined networking (SDN), the adoption of 5G system integration will witness a rapid surge to reduce overall enterprise infrastructure costs. Moreover, highly trained professionals must implement and manage the fifth-generation system integration services. This is anticipated to hinder market growth over the forecast period.
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hurleyklitgaard53 · 1 year
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sap b1 training london 2
Junior Sap B1 Marketing Consultant, Get Licensed, As Much As £40k South East Jobs Sap Enterprise One Recruitment By utilizing SAP Business One as part of a multi-tier software program technique, massive enterprises working SAP ERP Central Component can simply and quickly integrate their subsidiaries. From financial info and accounting to stock and customer relationship management , SAP Business One integrates your important areas to supply clear visibility into your complete business. By capturing data in a centralised location, you probably can entry very important real-time data to make quick, knowledgeable selections. In this 1-day SAP Data Hub training, delegates will understand the assorted concepts necessary for the installation and configuration of SAP Data Hub. During this interactive training, they will achieve the required expertise and data to work with relational tables and views and successfully configure optionally available integration eventualities. Delegates will learn various subjects such as introduction to SQL, information modelling in SAP Vora, monitoring the SAP Data Hub modeller, viewing reality sheets, analysing knowledge lineage, monitoring duties, and heaps of more. They may also be in a position to handle occasion sync for making ready source situations and monitoring instance syncing jobs. However, the fundamental information of Windows, Unix, and Linux working systems can be helpful for learners. It can be useful for delegates to have experience of working in the financial accounting field.
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SAP launched the preliminary software program growth equipment for SAP Business One in 2004 and expands the combination factors with each new product launch while also making the combination instruments simpler to make use of. Learn extra about Automations for SAP Business One for stock and production, finance, sales, and service. Use Vision33’s integration solutions to allow integration between current applications and SAP Business One.
Sap Basis Training Course Outline
Enable users to simply adjust plans and forecasts, pace up your budgeting processes, and ensure compliance with monetary reporting standards. Opal Wave implementation methodology and deployment processes have been used efficiently throughout many SAP cloud deployments. This proven course of is designed to make sure your success and is supported by our skilled sources. Our Platform as a Service is a breakthrough in SAP HANA software hosting and management, taking cloud growth to the subsequent stage.
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At the end of this training, delegates will be in a position to understand the core capabilities of monetary accounting such as basic ledger accounting, accounts receivable, and accounts payable. They may even be able to keep tax codes, publish paperwork, and tolerance with document splitting. Delegates should have a basic knowledge of economic and administration accounting. Enterprise structure is extra necessary to deliver a blueprint for executing digital transformation. An enterprise architecture, organisations can provide info base of easy-to-consume documentation that describes the relationships between the business and technical guiding rules and buildings. Before attending this SAP Enterprise Architecture Designer course, delegates should have fundamental data about enterprise architecture.
Coaching Reserving Enquiry
With SAP Business One Cloud, your priceless information is protected, so you'll be able to spend extra time operating your corporation and less time worrying about security. The Materials Management functionality is the principle element of any SAP implementation. The Materials Management may be described as the prepare that drives the supply-chain functionality inside SAP. This course is meant for anyone who needs to improve their data and skills in sports activities. This coaching course begins with an introduction of SAP Power Design, dialogue of the various kinds of knowledge model supported by PowerDesigner, adopted by an in depth clarification of the PowerDesigner working surroundings.
Providing competitive worth structure for all obtainable programs with best-in-industry requirements.
Henley Morgan are in search of a UK based mostly SAP Business One Support Consultant to join a growing team of experts with a number one SAP B1 Gold Partner.
At the tip of this training, delegates will have the ability to make positive that all SAP techniques in the surroundings run constantly.
SAP Real Spend is a cloud-based resolution designed to extract data from financial real-time reporting systems.
Each automation delivers specific business outcomes similar to improved cash circulate, increased course of effectivity, and less time spent on administrative duties.
It also optimises operations from begin to finish, so you'll be able to give consideration to making your small business more worthwhile with simple integration with different systems and a faster and simpler studying experience for customers. With SAP Business One we allow you to streamline each aspect of your wholesale and distribution course of. We help you maximise customer opportunities, streamline the availability chain to drive lean stock ranges, and optimise processes by way of stock and warehouse management through to distribution. Opal Wave managed cloud platform presents several proven safe client access solutions to our prospects and may benefit from the experience and economies of scale of our industry finest practices. With over 1,000,000 users across the globe it's the fastest growing ERP software on the earth. Rapidly applied and easily supported, it might be rapidly configured to your small business workflow & processes.
Sap Cpi: Overview Of Sap Cloud Platform Integration
The SAP Marketing Cloud delivers you with complete information of shoppers in real-time, enabling you to know your customers better and personalise your strategy on all channels through the entire customer journey. It will enable you to increase conversion rates and to earn the religion of the customer. There are no formal prerequisites to attend this SAP Business One Training course. This course is meant for anyone who wishes to boost their data of SAP SuccessFactors and develop enterprise applications effectively. London Training Institute was established to cater for the wants of technical coaching, located in central London.
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strangemusictriumph · 2 years
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Massive IOT (mIOT) Market - Forecast (2022 - 2027)
The market for Massive IoT is forecast to reach $121.4 billion by 2026, growing at a CAGR of 7.1% from 2021 to 2026. The Massive IoT Market is estimated to witness substantial growth over the forecast period primarily due to the growing demand for large scale Automation and machine intelligence. The rising adoption of IoT technology across various industry verticals such as manufacturing, automotive, and healthcare, is driving the market’s growth for bandwidth sensor technologies. With the traditional manufacturing sector amid a digital transformation, the IoT is triggering the next industrial revolution of intelligent connectivity and communication protocols. With the development of wireless networking technologies, especially low power networks, and the emergence of advanced data analytics, a reduction in the cost of connected devices adn indoor asset tracking, are some of the major factors driving the market. The adoption of cloud computing and cloud platform is another factor boosting the market growth during the forecast period 2021-2026.
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Report Coverage
The report: “Massive IOT Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Massive IOT Market.
By Platform – Device Management, Application Management, Network Management, Cloud Platform and Others.
By Connectivity – Wireless, Field.
By Component – Hardware (Transmitters, Memory, Processors,Other), Software, Services.
By End User – Manufacturing, Transportation, Healthcare, Retail, Energy and Utilities, Residential, Other.
By Geography - North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, South Korea, and Others), and RoW (Middle east and Africa).
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Key Takeaways
The Massive IoT Market is estimated to witness substantial growth over the forecast period primarily due to the growing demand for large scale Automation. The rising adoption of IoT technology across various industry verticals, such as manufacturing, automotive, and healthcare, is driving the market’s growth.
North America is holding a strong grip in the market, due to the growing role of IoT among the significant revenue-generating end-user industries of the region, driven by the deployment of connected cars, smart facilities, smart energy projects, home automation, and a focus on smart manufacturing.
The current and future IoT applications with respect to their requirements and then identify the feasible connectivity technologies for each application category. Massive IoT has played a major role across a variety of verticals by generating new revenue streams and other benefits, such as improved quality.
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Massive IoT Market Segment Analysis - By Platform
The Industrial Internet of Things is the biggest and most important part of the Internet of Things now but consumer applications will catch up from a spending perspective. The growing demand of industrial automation and the penetration of industry 4.0 has boosted the Massive IoT market. The device management of the massive IoT has the largest market growth in the market, as the industrial automation includes mainly device management and machine to machine communication. For instance in March 2020 Cisco and Microsoft announced a partnership for seamless data communication between Cisco IoT and Microsoft Azure IoT cloud.
Massive IoT Market Segment Analysis - By End User
The current and future IoT applications with respect to their requirements and then identify the feasible connectivity technologies for each application category. Massive IoT has played a major role across a variety of verticals by generating new revenue streams and other benefits, such as improved quality. The transportation market is also growing rapidly with the penetration of Massive IoT and the market has already invested $78 billion, just as is the case for the IoT manufacturing market. The main use case in transportation is freight monitoring, remaining a key driver in the market during the forecast period of 2021-2026.
Massive IoT Market Segment Analysis – By Geography
North America is holding a strong grip in the market with 37% share in 2020, due to the growing role of IoT among the significant revenue-generating end-user industries of the region, driven by the deployment of connected cars, smart facilities, smart energy projects, home automation, and a focus on smart manufacturing. The rapid implementation of the digital era across industry verticals and technological advancements have further boosted the growth of IoT in this region. The Massive internet of things (MIoT) market is highly competitive to the presence of many large and small enterprises in the market operating in the domestic as well as in the international market. APAC is an industrial hub of many verticals that makes it the fastest-growing.
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Massive IoT Market Drivers
Technological Advancement
Industry 4.0 and Massive-IoT are at the centre of new technological approaches for the development, production, and management of the entire logistics chain, otherwise known as smart factory automation. The massive change in manufacturing due to industry 4.0 and the implementation of IoT requires enterprises to adopt the smarter way to advance production with technologies that reduce industrial accidents caused by a process failure. This is changing the way industries approach the machines to improve efficiency and reduce downtime. This development in connectivity will lead to a larger base of individuals interested in purchasing IoT devices. The boost in the development of high-speed wireless network technology and the number of devices enabled with this technology are increasing rapidly with the penetration of MIoT. These changes in the industry vertical will be driving the market during the forecast period of 2021-2026.
Technology-enabled solutions to the healthcare organizations
During this Covid-19 pandemic, the vendors are taking this as an opportunity by offering emerging technology-enabled solutions to healthcare organizations. For instance, during the early stage of Covid 19 when the virus was infecting people of Shanghai the Shanghai Public Health Clinical Centre (SPHCC) has utilized the California-based connected health start-up Viva LNK’s continuous temperature measuring device to monitor COVID-19 patients, which reduces the risks of doctors and the nurses being infected by the virus.
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Massive IoT Market Challenges
Security and the Pandemic
Massive IoT has opened serious security breaches that have drawn the attention of top line tech firms and government agencies across the world. The hacking of industrial Instruments, drug infusion pumps, cameras, and even assault rifles are signifying a security nightmare being caused by the future of IoT. Due to the recent outbreak of Covid-19 IOT investment and deployments have certainly slowed down. However, with major disruptions in global healthcare and supply chains, governments, hospitals, and logistics providers are heading to react quickly for a more connected world that could help better address the current crisis and mitigate future ones. The Covid 19 has done major damage to the Massive IoT market by shutting down the industries and ruining the economy. These factors will be restraining the market during the forecast period.
Massive IoT Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Massive IOT market. The Massive IOT market is dominated by major companies such Vates (US), Science Soft (US), HQ Software (Estonia)CISCO (US), Huawei (China), Bosch (Germany), SAP (Germany).
Acquisitions/Technology Launches/Partnerships
In March 2020, Microsoft & Cisco Systems announced a partnership to enable seamless data orchestration from Cisco IOT Edge to Azure IOT Cloud. This partnership will be providing the customers a pre-integrated IOT edge-to-cloud application solution.
In January 2020, IBM Corporation announced a collaboration with Sund & Bælt, which owns and operates some of the largest infrastructures in the world, to assist in IBM's development of an AI-powered IOT solution designed to help prolong the lifespan of aging bridges, tunnels, highways, and railways.
For more Electronics related reports, please click here
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visitingangelstampa · 2 years
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Alterations in Home Health Care and Residential Care Facilities
The assisted living industry and home health care are rapidly adopting digital and high-tech solutions. This article delves into some current developments in the market. We will discuss the future of community design, the cost of care, and how health bots are gradually replacing human caregivers in non-contact care settings.
A company based in Minnesota is introducing robotic caregivers into nursing homes to increase the availability of non-contact home care for the elderly. Monarch Healthcare Management, which operates 40 nursing homes in Minnesota, aims to introduce two robots into each facility. These robots, which can be purchased for between $12,500 and $32,000, are designed to aid with ADLs and memory care.
When nursing facilities start to lose patients and staff, the transition to robot caretakers will begin. This has led several businesses to investigate using robot caretakers instead of humans. There are several benefits to this new technology. Robots can help with things like dressing, bathing, and companionship. In addition to lessening the chance of infection, the robots also cut down on the amount of time spent interacting with other people.
Assisted living institutions must use electronic medication management systems since residents take an average of 12–14 prescriptions daily. The most effective software for this purpose establishes an electronic connection with a patient's pharmacy and streamlines the distribution of medications. Essential data, such as residents' vital signs, fall detection, and sleep quality, are also tracked by the program.
The reporting and financial elements of an eMAR system are comprehensive. This facilitates survey readiness and increases the safety of pharmaceutical stockpiles. Transcription mistakes and unreadable handwriting are also avoided by technology. Errors in prescribing medicine are reduced in assisted living institutions that use cutting-edge technologies.
An online software platform is ideal for home care institutions. The program should interface with a long-term care pharmacy and contain compliance and business functions. The software vendor should consider the assisted living industry's unique business requirements.
Community planning is one of the newest developments in the field of assisted living. This layout makes it possible to have smaller dwellings and shared spaces. This makes for a safer and friendlier work atmosphere. In addition, efforts are concentrated on streamlining interactions between the same members of staff and the same population of residents.
Communities need to accommodate the changing requirements of their senior residents as their population ages. It is becoming increasingly common for retirement communities to welcome dogs. This way, people may keep their pets and continue with their lives without having to find new homes for them or wait until their dogs pass away. Because of this, care facilities need to have flooring suitable for pets.
Moreover, there has been an awakening to the value of nature-based design in urban planning and development. The biophilic structure has been shown to have beneficial effects on both physical and mental health. This design aesthetic values natural light and comprises abundant windows, courtyards, water elements, and vegetation. When designing new buildings, many architects think about how their tenants will feel, and some are even coming up with novel ways to lessen the spread of disease.
Care at home and in assisted living facilities can range widely in price. A good illustration of this is that the cost of living in the New York City region is around 20% higher than the national average. The city also includes over 1,300 home care agencies and some of the best hospitals in the country. Monthly costs for nonmedical home care in New York City range from $5,339 to $5,529.
The cost of in-home assistance relies on the number of hours of service required each month. Hiring a home health aide or a homemaker for eight hours a day, seven days a week, will earn you roughly $800 weekly. The average monthly salary for a home health caregiver is $4,195, with part-time aides averaging $2,660.
Although home care costs vary from state to state, the national average is as follows. Overnight, weekend and holiday home health aides' rates tend to be higher than regular rates. One-hour work may also incur a surcharge.
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meditech-insights · 2 years
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Global Digital Behavioral/Mental Health Market is projected to grow at a CAGR of 25% by 2026
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In recent years, the healthcare industry has observed the foray of several providers that offer software for behavioral and mental health practices: EHR, teletherapy, scheduling, client engagement, billing, and digital therapeutics to prevent, manage and treat medical disorders.
The Global Digital Behavioral/Mental Health Market is set to witness an exponential growth rate of 25% in the next 5 years. Some of the key factors influencing the global digital behavioral/mental health market include Covid-19, the rising burden of mental disorders worldwide, the penetration of personal digital devices, a favorable funding environment, and growing healthcare IT infrastructure in developed and developing. However, concerns related to patient privacy and the shortage of HCIT professionals are likely to hamper the growth of the market.
Demand for Digital Behavioral/Mental Health Market Solutions Surge Amid Covid-19
With lockdowns implemented, social distancing mandated, and widespread apprehension; as a result, Covid-19 dramatically increased the burden of managed healthcare, particularly for the treatment of neurological and psychiatric diseases.
The widespread use of personal digital devices like smartphones, fitness trackers, tablets, and the launch of digital solutions ensured that the digital mental health tools were accessed more frequently and by a wider demographic of patients. Benefits such as therapeutic approaches to support positive behavioral change on a large scale, anywhere, anytime accessibility, on-demand help without waiting lines, convenience, and ease of use were the key factors that fueled its demand.
Digital Behavioral/Mental Health Tools for Children and Teens Set to Open New Growth Avenues
The mental well-being of children and teenagers has been an area of concern given there are few pediatric mental health specialists in both developed and developing economies Long wait times for care and an increasing number of children being sent to the emergency room during mental health crisis situations has been a long-standing issue. Several digital health companies have entered the market to address these worries.
For instance,
In March 2022, Brightline, a leader in virtual behavioral health care for children, adolescents, and families, secured a $105M Series C funding. Brightline offers a digital on-demand platform, Connect, along with its coaching programs and clinical services including behavioral therapy, evaluation, medication support, and speech therapy
“A limited number of paediatric mental health specialists has been a persistent issue in the United States. Virtual health care exploded during the Covid-19 pandemic and this further exacerbated the mental health crisis situation among the children and youth. As a result, several companies are now targeting the behavioral health needs of children and teenagers.”- Senior Director, Virtual Behavioral Health Care Provider, United States
Explore Premium Report on Digital Behavioral/Mental Health Market @ https://meditechinsights.com/digital-behavioral-mental-health-market/
Organic and Inorganic Growth Strategies Adopted by Players to Establish Their Foothold in Digital Behavioral/Mental Health Market
The global digital behavioral/mental health market is a developing but competitive market marked by the presence of both established and new players. Players operating in the market adopt both organic and inorganic growth strategies such as new product launches, and acquisitions to garner market share.
For instance,
In April 2022, Talkspace, the leading provider of virtual behavioral health services, launched new product suite - Talkspace Self-Guided, a suite of offerings for employers designed to help executives, managers, and teams prioritize and build emotional intelligence (EQ) and mental wellness in and out of the workplace
In Jan 2022, CloudMD Software & Services Inc. acquired MindBeacon Holdings Inc., one of North America’s leading providers of digital mental health care.
The digital behavioral/mental health market is a booming market that is anticipated to gain further momentum in the coming years due to the growing occurrence & awareness levels of mental health disorders, conducive funding environment, improving healthcare IT infrastructure, and aggressive organic and inorganic growth strategies followed by players.
Competitive Landscape Analysis of Digital Behavioral/Mental Health Market
The global digital behavioral/mental health market is marked by the presence of key players such as Akili, Pear Therapeutics, Advanced Data Systems, AdvancedMD, Credible, Lyra Health, Spring Health, Brightline, Little Otter, among others.
For More Detailed Insights, Contact Us @ https://meditechinsights.com/contact-us/
About Medi-Tech Insights
Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.
Contact:
Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
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