#Health or Life Insurance Consultants for SMEs
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Why should you pay attention to your Google My Business Profile?
Google My Business (GMB) is a Google tool that allows businesses to post essential information about their business and consumers to leave reviews and upload images. GMB’s initial benefit is enhanced legitimacy and exposure, while clients benefit from learning more about you. However, there is a slew of other advantages to setting up a Google My Business account.
Creating, authenticating, and properly optimizing your Google My Business account is a tremendous opportunity, and you should take advantage of it to the maximum.
What else does GMB have to offer?
Here are a couple of more advantages of Google My Business:
1. Google My Business gives you the ability to appear in Google Maps and Google Local Pack listings.
When you look for places on Google, does one notice the prominent map and list of business names that display right at the highest of the page? The Google Local Pack is what it’s called, and there are two reasons why you should care about it.
2. Google My Business gives you High-Visibility
The Google Local Pack takes up a lot of space on Google’s first page of search results, and it’s the first thing any Google user sees after typing in their query.
It allows users to ascertain all of the knowledge they require during a single glance.
Google My Business is the most important factor in local pack rankings. So, if you want to engage with your target audience — in this case, people in your service region – using Google My Business to verify, update, and optimize your web information will assist.
3. Google My Business allows customers to leave reviews for your company.
Customer evaluations have tons of weight, especially when it involves program results. According to another Moz study, internet reviews are considered to account for 10% of how search engines rank results.
Using GMB to form it easy for your consumers to submit good comments about your business is important if you would like to be seen within the search results. There are a couple of more reasons why users should leave reviews.
Reviews also help with local SEO.
4. GMB Provides Insights That Are Beneficial To You
Google My Business has several useful capabilities that can help you create strategies and make decisions by providing insights into key areas. This tool gives you access to facts and insights which will assist you to find out who your audience is.
If you’re looking for a social media management solution that allows you to publish to Google My Business, UnitedSMEs is here to help you get more done with your online presence.
Contact us and take advantage of a modern-age service provider today!
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MARKET GROWTH PROSPECTS OF BANKING SECTOR IN INDIA, 2023- 24 – DART CONSULTING FORECASTS HIGHER GROWTH IN THE NEXT FIVE YEARS
India’s banking sector is sufficiently capitalized and well-regulated. The financial and economic conditions are comparatively better even by comparing with well developed economies. Indian banks are generally resilient and have withstood the global downturn well as can be noted by reviewing previous years records.
The Indian banking industry has recently witnessed the rollout of innovative banking models like payments and small finance banks. In recent years, the Banks are increasingly focusing widening banking reach, through various schemes like the Pradhan Mantri Jan Dhan Yojana and Post payment banks. The rise of Indian NBFCs and fintech have significantly enhanced India’s financial inclusion and helped fuel the credit cycle in the country.
Here is a quick overview of key players in the industry.
HDFC Bank Ltd
HDFC Bank Ltd (HDFC) offers personal and corporate banking, private and investment banking, and other related financial solutions to individuals, MSMEs, government, and agriculture sectors, financial institutions and trusts, and non-resident Indians. It provides a range of deposit services and card products; loans for homes, cars, commercial vehicles, and other personal and business needs; insurance for life, health, and non-life risks; and investment solutions such as mutual funds, bonds, equities, and derivatives. HDFC also provides services such as cash management, corporate finance advisory, customized banking solutions, project and structured finance, trade financing, foreign exchange, internet banking, and payment and settlement services, among others. The bank operates in India through a network of branches, ATMs, phone banking, net banking, and mobile banking. It has overseas branches in Bahrain, Hong Kong, and the UAE, and representative offices in the UAE and Kenya. HDFC is headquartered in Mumbai, Maharashtra, India.
ICICI Bank Ltd
ICICI Bank Ltd (ICICI Bank) provides personal and corporate banking, investment banking, private banking, venture capital, life and non-life insurance solutions, securities broking, and asset management services to corporate and retail clients, high-net-worth individuals, and SMEs. It offers a wide range of products such as deposits accounts including savings and current accounts, and resident foreign currency accounts; investment products; and consumer and commercial cards. ICICI Bank offers to lend for home purchase, commercial business requirements, automobiles, personal needs, and agricultural needs. The bank offers services such as foreign exchange, remittance, import and export financing, advisory, trade services, personal finance management, cash management, and wealth management. It has an operational presence in Europe, Middle East, and Africa (EMEA), the Americas, and Asia. ICICI Bank is headquartered in Mumbai, Maharashtra, India.
State Bank of India
State Bank of India (SBI) is a universal bank. It provides a range of retail banking, corporate banking, and treasury services. The bank serves individuals, corporates, and institutional clients. Its major offerings include deposits services, personal and business banking cards, and loans and financing. The bank provides services such as mobile banking, internet banking, ATM services, foreign inward remittance, safe deposit locker, money transfer, mobile wallet, trade finance, merchant banking, project export finance, treasury, offshore banking, and cash management services. It operates in Asia, the Middle East, Europe, Africa, and North and South America. SBI is headquartered in Mumbai, Maharashtra, India.
Punjab National Bank
Punjab National Bank (PNB) offers retail and commercial banking, agricultural and international banking, and other financial services. Its retail and commercial banking portfolio offers credit and debit cards, corporate and retail loans, deposit services, cash management, and trade finance. Its international banking portfolio includes foreign currency accounts, money transfers, letters of guarantee, and world travel cards, and solutions to non-resident Indians. PNB also offers merchant banking, mutual funds, depository services, insurance, and e-services. The bank operates in India and has overseas operations in the UK, Bhutan, Myanmar, Bangladesh, Nepal, and the UAE. PNB is headquartered in New Delhi, India.
Bank of Baroda
Bank of Baroda (BOB) offers retail, agriculture, private and commercial banking, and other related financial solutions. It includes loans, deposit services, and payment cards. The bank offers loans for homes, vehicles, education, agriculture, personal and corporate requirements, mortgage, securities, and rent receivables, among others. It provides current and savings accounts; fixed and recurring deposits; debit, credit, and prepaid cards. The bank also provides insurance coverage for life, health, and general purposes. It offers services such as treasury, financing, mutual funds, cash management, international banking, digital banking, internet banking, start-Up banking, and wealth management. The bank has operations in Asia-Pacific, Europe, North America, and the Middle East and Africa. BOB is headquartered in Baroda, Gujarat, India.
Industry Performance
The health of the banking system in India has shown steady improvement, according to the Reserve Bank of India’s latest report on trends in the sector. From capital adequacy ratio to profitability metrics to bad loans, both public and private sector banks have shown visible improvement. And as credit growth has also witnessed an acceleration in 2021-22, banks have seen an expansion in their balance sheet at a pace that is a multi-year high. As of November 4, 2022, bank credit stood at Rs. 129.26 lakh crore (US$ 1,585.09 billion). As of November 4, 2022, credit to non-food industries stood at Rs. 128.87 lakh crore (US$ 1.58 trillion).
Given the increasing intensity, spread, and duration of the pandemic, economic recovery the performances of key companies in the industry was positive. The reported margin of the industry by analyzing the key players was around 13.7% by taking into consideration the last 3 years’ data. Details are as follows.
Companies Net Margin EBITDA/Sales
HDFC Bank Ltd. 23.5% 31.2%
ICICI Bank Ltd. 22.3% 30.4%
State Bank of India 10.0% 25.7%
Punjab National Bank 4.0% 10.0%
Bank of Baroda 8.9% 13.9%
Industry Margins 13.7% 22.2%
Industry Trends
The macroeconomic picture for 2023 portends mixed fortunes for consumer payment players. Higher rates should boost banks’ net interest margins for card portfolios, but persistent inflation, depletion of savings, and a potential economic slowdown could weigh on consumers’ appetite for spending. Digital identity is expected to evolve as a counterbalancing force to mitigate fraud risks in the long run. Transaction banking businesses are standing firm despite recent market uncertainties. For many banks, these divisions have been a steady source of revenues and profits.
Over the long term, banks will need to pursue new sources of value beyond product, industry, or business model boundaries. The new economic order that will likely emerge over the next few years will require bank leaders to forge ahead with conviction and remain true to their purpose as guardians and facilitators of capital flows. With these factors in mind, the industry is still showing huge growth potential, some of the growth divers that is propelling the industry are:
Rising rural income pushing up demand for banking
Rapid urbanisation, decreasing household size & easier availability of home loans has been driving demand for housing.
Growth in disposable income has been encouraging households to raise their standard of living and boost demand for personal credit.
The industry is attracting major investments as follows.
On June 2022, the number of bank accounts—opened under the government’s flagship financial inclusion drive ‘Pradhan Mantri Jan Dhan Yojana (PMJDY)’—reached 45.60 crore and deposits in the Jan Dhan bank accounts totaled Rs. 1.68 trillion (US$ 21.56 billion).
Some of the major initiatives taken by the government to promote the industry in India are as follows:
As per the Union Budget 2022-23:
National Asset reconstruction company (NARCL) will take over, 15 non-performing loans (NPLs) worth Rs. 50,000 crores (US$ 6.70 billion) from the banks.
National payments corporation India (NPCI) has plans to launch UPI lite this will provide offline UPI services for digital payments. Payments of up to Rs. 200 (US$ 2.67) can be made using this.
In the Union budget of 2022-23 India has announced plans for a central bank digital currency (CBDC) which will be possibly know as Digital Rupee.
Through analyzing the performance of the contributing companies for the last three years, we can ascertain that the sector witnessed compounded annual growth rate (CAGR) of 9.9% at the end of 2022. Details are as below.
Companies CAGR
HDFC Bank Ltd. 14.02%
ICICI Bank Ltd. 7.3%
State Bank of India 8.4%
Punjab National Bank 9.2%
Bank of Baroda 10.7%
Industry CAGR 9.9%
Working through partnerships both with NBFCs and FinTech is high on the agenda of the Indian banking sector, and this is an area of focus of the FICCI National Committee on Banking. Banks will have to play a very constructive role as India aspires to be the leading economy in future. The strengthened banking sector has the potential to contribute directly and indirectly to GDP, increase job creation and enhance median income. Technology interventions to strengthen the quality and quantity of credit flow to the priority sector will be an important aspect. The need for sustainable finance / green financing is also gaining importance.
With these attributes boosting the sector, the Indian banking industry is likely to grow 5% more than the reported growth rate and is expected to exhibit CAGR of 10.4% in the next five years from 2023 to 2027.
DART Consulting provides business consulting through its network of Independent Consultants. Our services include preparing business plans, market research, and providing business advisory services. More details at https://www.dartconsulting.co.in/dart-consultants.html
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Insular Life invests in rising tech company Maria Health to accelerate digital adoption, promote financial inclusion
Insular Life (InLife), the largest Filipino insurer, today announced that it has invested a significant amount in Maria Health, the only health insurance marketplace in the Philippines and a licensed insurance aggregator.
The investment will earn InLife a seat on the board of the rising technology company that provides Filipino SMEs and individuals with various insurance health options that would best suit their needs.
“InLife and Maria Health share the same advocacy -- that of financial inclusion. Our investment is very timely as we mark our 111th anniversary in the business and move forward to meet the needs of our customers through innovation. With InLife’s stake in Maria Health, we are also spurring our digital adoption as we transform into an internet economy,” said Noemi Azura, President and CEO of Insular Health Care.
This is not the first time that the two companies have worked together. InLife, through its InLife Sheroes, initially partnered with Maria Health back in 2018. In 2019, InLife Healthcare premiered with Maria Health.
(L-R) Vincent Lau is the Co-Founder and Chief Executive Officer of a tech startup Maria Health, Noemi Azura is President and CEO of Insular Health Care and concurrently the Senior Executive Vice President, Head of Digital Insurance and Program Director of InLife Sheroes at Insular LifeAssurance Company Limited, and Paul Rivera is the co-founder and CEO of Kalibrr and co-founder and Director of
Maria Health.
InLife and Maria Health both have a largely female clientele. Ten percent of Maria Health’s first-time coverage buyers (which comprises 90 percent of its customers) are families of OFWs, 75 percent of which are women.
“Health, now more than ever, has become a top priority, and there has been an increased awareness and interest in insurance. As we empower Filipino women toward financial literacy, we also provide them the means to choose what’s best for them,” Ms. Azura said.
Maria Health was founded in 2017 by Vincent Lau and Paul Rivera to address the underinsurance gap in the Philippines. During that time, only five percent of 100 million Filipinos had access to a health insurance plan, resulting in out-of-pocket healthcare expenses reaching a massive $25 billion.
Lau, the CEO of Maria Health, has over 10 years of experience in consulting for Fortune 500 companies and startup companies in Silicon Valley. Rivera, Director of Maria Health, is the CEO and co-founder of
Kalibrr and also the co-founder of Remedy, a wellness company in the Philippines and was recently named a World Economic Forum Young Leader in 2021.
“The key to starting a business is always talking to customers. So, it was only after digging into this problem more and talking to hundreds of customers that we realized that people are underinsured not because they don’t want health insurance, but because they didn’t know where to start and didn’t have access to information. That’s when we decided to move health insurance online,” Lau said.
The second milestone, according to Lau, happened when it became clear to them that while there was a demand problem, there was no platform that connected those looking for health insurance and those who were providing it.
When Maria Health launched, it was able to seal a partnership with five of the biggest health maintenance organizations (HMOs) in the Philippines, which represent 80 percent of the market.
“The first cardinal rule in starting a company,” Lau advised would-be entrepreneurs, “is to try to solve a real problem.”
“If you’re not solving a real problem, you’re not adding value. No one’s willing to pay for your product or service. The second step is to solve the problem. As entrepreneurs, we think of ourselves as the heroes who will create the future. What I’ve learned in Maria Health is that the real heroes are your customers,” he said.
Ms. Azura pointed out that with the two companies working together, they can better address the insurance gap in the Philippines, and serve Filipinos.
“Wherever you are in the Philippines, you will have the chance to choose the best insurance for you and your loved ones. If you’re a small business owner who wants to provide your employees with health insurance, you now have the information and option to choose the one that’s right for you,” she said.
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The Pitfalls of Staying On After You Sell
If you won a Harley Davidson, what would you do with it? Craig Daley sold it--and started a new life. Committed to the new ideas he had for a traditional market, Craig’s first foray into direct mail marketing was funded by that motorbike sale--much to his huge success.
Believing in the power of looking at existing businesses and industries with fresh eyes, Craig reinvented what it meant to keep overheads down and operating costs low. From his direct one-on-one work with competitors to navigating a public health insurance system, Craig learned through years of hard work and perseverance what it really means to take hold of a national market.
Now coaching startups, SMEs, and growing entrepreneurs looking for the innovative ways they can scale and sell their businesses, Craig is sharing his years worth of experience so that others can do it in half the time. Knowing that you’re only as good as your weakest person--and the importance of getting clear on what really works best for you--I sat down with Craig to talk about the ups and downs of staying on in a business long after you sell.
If you’ve been tossing around the idea of ongoing work in your business before you formally exit, I think this episode might be for you. Sharing the few key, pivotal things every business owner needs to consider and negotiate before they reach a transaction deal, I have a feeling that Craig’s insight could save you a lot of hardship and frustration down the road.
What you will learn in this episode
In this episode we’ll cover everything from:
The ups and downs of including a holdback in a private equity sale (and why it can be such a shock for businesses with lower turnover)
Why it’s important to have your company ducks in a row before you go to market (even if the transaction period will take 12 months or more)
What Craig recommends nailing down to help navigate your business sale negotiations
The one (big) thing you need to clear up if you’re going to stay on and work post-sale
About Our Guest
Craig Daley
Craig Daley holds a bachelor’s degree from Oklahoma State University, and has had a distinguished 35-year career in business, management and turnaround projects for distressed businesses as well as exponentially growing small-medium sized operations in numerous industries. He spent over 20 years in upper and senior management in full-service hotel / food & beverage operations while managing budgets with total operations responsibility.
Most recently, he was the Founder and CEO of Comfort Medical Supply, LLC, a nationally-accredited home medical equipment company that grew to national acclaim and a 3-time recipient of the Inc 500, “Fastest Growing Privately-Held Companies in America” award. Under his guidance, the company formed with $20,000 in 2003 and grew to $12 million in 10 years.
After a successful acquisition of Comfort by a private equity group in 2011 and continuing his tenure with Comfort as Chairman and CEO, Daley resigned in early 2013. Now semi-retired, he provides interim executive management, consulting and financial services for all types of businesses on a global scale. He has Board experience and guides and advises businesses through his advisory firm, Portfolio Management Group. He is a member of The ExecRanks, a provider of highly-qualified Board member for numerous businesses in the U.S.
Connect with Craig Daley
Website: https://www.pmg-consult.org/
LinkedIn: https://www.linkedin.com/in/interwealth/
Twitter: https://twitter.com/daley_craig
Show Notes
(4:25) Why Craig recommends being careful what you wish for with exponential growth--because you just might get it. (Also, the two qualities you have to have to navigate a major growing period.)
(7:40) Why Craig sold his Harley--and how he used the money to kickstart an innovative business model with a traditional market and product.
(14:05) How Craig and his team negotiated with direct competitors to support customers nationwide--and how they secured the sale and passed on maintenance work to someone else.
(23:20) How major industry changes led to Craig deciding it was time to sell and move on--and how that decision was further solidified by the buyer’s new team.
(28:20) The ups and downs of including a holdback in a private equity sale--and why it can be such a shock for businesses with lower turnover.
(33:45) Why it’s important to have your company ducks in a row before you go to market--even if the transaction period will take 12-months or more.
(37:50) The one thing that makes all the difference in the course of business--especially among the different layers of management.
(38:25) What Craig recommends nailing down to help navigate your business sale negotiations--and the one (big) thing you need to clear up if you’re going to stay on and work post-sale.
(41:37) Listen to Craig discuss his current role working with startups, SMEs, and entrepreneurs trying to scale, build valuable businesses, and navigate exit transactions.
(48:50) Craig’s one take-away tip? Find the best people you can to bring to your organisation. You’re only as good as your weakest person, so get the best people you can find and treat them well.
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Healthcare BPO Market worth USD 468.5 billion : Growing outsourcing in the pharma and biopharma industries
According to the new market research report “Healthcare BPO Market by Outsourcing Models, Provider (Patient Care, RCM), Payer (Claims Management, Billing & Accounts), Life Science (R&D, Manufacturing, Sales & Marketing (Analytics, Research)), & Region (Source, Destination) – Global Forecasts to 2026″, published by MarketsandMarkets™, the global healthcare BPO market is projected to reach USD 468.5 billion by 2026 from USD 296.4 billion in 2021, at a CAGR of 9.6% during the forecast period.
Browse in-depth TOC on “ Healthcare BPO Market”
334 – Tables
43 – Figures
309 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=472
Healthcare business process outsourcing allows healthcare facilities to contract their non-core activities to an external party and focus on their core competencies. Growth of this market is attributed to the growing outsourcing in the pharma and biopharma industries, need to curtail the escalating healthcare costs, rising demand for niche services (including care management and fraud detection services), and the need for structured processes and documentation in the healthcare industry.
The companies have a large market spread across various countries in North America, Europe, Asia Pacific, and the Rest of the World.
The COVID-19 pandemic has had a significant impact on the world’s population and economy. As a result of the pandemic, healthcare facilities are facing immense pressure to create a well-coordinated environment where all clinical functions are connected internally and where the organization operates in coordination with other healthcare units. This is compelling healthcare organizations to outsource their non-core functions, including revenue cycle management, claims management, and patient engagement, among other functions, to third parties and focus on their core competencies for better patient outcomes. The impact of COVID-19 on the healthcare BPO industry is complicated as well as multi-faceted.
Drivers: Pressure to reduce the rising healthcare costs
Cost savings form an important consideration in outsourcing, as by doing so, companies can reduce costs on resource management, labor, and space. There is pressure on the margins of healthcare payers due to the rise of health insurance exchanges (online marketplaces to obtain health insurance from competing providers) in the US. This enables consumers to obtain coverage from competing private healthcare providers and is likely to accelerate the adoption of outsourcing to rationalize costs.
Opportunities: Growing adoption of artificial intelligence-based tools for drug discovery
Artificial intelligence and machine learning, in particular, make the drug discovery process more efficient and substantially improve success rates at the early stages of drug development. This will help healthcare BPO service providers to bring about major breakthroughs, as artificial intelligence also plays an important role in the discovery of drugs for chronic diseases such as cancer. Owing to its capabilities, AI significantly reduces the time taken to bring a cancer-combatting drug to the market, which will lead to significant growth in the healthcare BPO services market.
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North America dominated the healthcare BPO market, with a share of 49.0% in 2021, followed by Europe (30.6%) and the RoW (20.3%). Factors such as increased pressure to reduce costs and improve services and changing government regulations are driving the growth of the healthcare BPO market in North America. In the US, pharmaceutical companies are facing significant pressures related to drug prices as the Medicare Prescription Drug Coverage (Part D) offers prescription drug coverage to everyone with Medicare. Additionally, the patent expiration of several blockbuster drugs is expected to affect the revenue of large pharmaceutical companies in the US and Canada. Taking these factors into consideration, a number of pharmaceutical companies are focusing on cost reduction through outsourcing.
The key players have a strong foothold in the market and offer a wide range of services. Some of the key players in this market are Accenture (Ireland), Cognizant (US), Infosys BPM (India), IBM Corporation (US), IQVIA (US), TCS (India), Wipro (India), and WNS (Holdings) Ltd. (India) are some of the major players in this market.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=472
Browse Adjacent Markets: Healthcare IT Market Research Reports & Consulting
Browse Related Reports:
Pharmaceutical Contract Development and Manufacturing Market (Pharmaceutical, Biologics, Active Pharma ingredients, tablet, Parenteral, Oral Liquid, Semi-Solids), End User (Big Pharma, Small Pharma, Generic Pharma, CRO) – Global Forecast to 2025
https://www.marketsandmarkets.com/Market-Reports/pharmaceutical-contract-manufacturing-market-201524381.html
Healthcare Provider Network Management Market by Component (Services, Internal, Outsourcing Services, Software), Delivery (On premise and Cloud), End User (Payer, Private, Public Health Insurers), Region (North America, Europe) – Global Forecasts to 2025
https://www.marketsandmarkets.com/Market-Reports/healthcare-payer-network-management-market-231478238.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
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USA: 1-888-600-6441
Email: [email protected]
Content Source: https://www.marketsandmarkets.com/PressReleases/radiopharmaceuticals.asp
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/radiopharmaceuticals-market.asp
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Data Science Training
We additionally often take up reside consulting initiatives from SME and MNC corporations. Get free Add-on courses on Business English and Soft Skills freed from value to additional your abilities and that will help you in interviews. Master the Data Science course the right way rapidly, as an alternative of stumbling round on-line for days unnecessarily. Use that time by working on extra tasks to add to your portfolio.
Most business downside may be solved by the flexibility to store big quantities of data and derive significant insights from it. Data Science and Business Analytics are the two domains which were adopted massively by companies nowadays. Data Science and Business Analytics are quickly being utilized by lots of the e-commerce websites for product suggestions.
Data Science Courses
You need to have fundamental IT information to be able to grasp the straightforward to grasp course content. Complated UI-UX design certification in Felix It’s and got positioned in Contera. Demand for UX specialists has risen enormously in the IT Industry. There are tens of hundreds of jobs out there within the IT industry related to UI/UX design. Upon successful completion of the UI/UX Design Training In Mumbai course, you can be part of any IT startup or MNC and start incomes in a high 5-determine salary on a month-to-month foundation. Designers with three-4 years of expertise in the subject can simply make more than 60-70K each month. If you might be keen to get full in-depth information in UI and UX to propel your designer goals you then need the most effective UI UX Design Courses in Mumbai just like as at Felix ITs.
Designed for data scientists, this program covers SAS topics for knowledge curation strategies, including huge data preparation with Hadoop. ExcelR Technology is the first step to learn Data Science at your consolation and time and become skilled in Decision making adding value to your position and character. The style of teaching of Himanshu and Kush was fairly good and all subjects have been typically defined by giving some actual world examples. The assignments and case studies were difficult and will give you exposure to the kind of initiatives that Analytics companies really work upon. Overall expertise has been nice and I would like to thank the complete Dimensionless team for helping me throughout this course. The colleges have real life trade experience, IIT grads, makes use of new applied sciences to provide you classroom like experience. The entire group is extremely motivated and so they go further mile to make your journey simpler.
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Data Science Courses
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Global Serverless Computing Market
Global Serverless Computing Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030
In Serverless Computing Methodology, the management of server is handled by the cloud provider and provides the dynamic allocation of machine resources. Therefore, serverless architecture eliminates the requirement for server software and hardware management by the developer. In recent years, some of the major innovations in IT industry enabled business agility, and enhanced resilience. In such scenario, serverless computing was introduced as a major element for the deployment of cloud services and applications. As for instance, utilization of conventional cloud infrastructure to develop an application that checks the credit score using mobile phones for mobile banking, could take days and weeks for development and testing of the application. With the utilization of serverless computing such as AWS Lamba, similar application can be developed in hours. Global Serverless Computing market size accounted 6361.54 million in 2020 is estimated to reach 69438.3 million by 2030 growing with a CAGR of 27% during the forecast period.
Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures) @ https://www.decisionforesight.com/request-sample/DFS020230
Market Dynamics and Factors:
The serverless computing market is anticipated to grow with a CAGR of 26.2% during the forecast period from 2020-2028 owing to the reduced operational cost and increased process agility provided by the technology. Furthermore, serverless architecture provides benefits such as easier operational management, faster set up, and zero system administration which attract customers to the serverless computing market. Due to the rapid evolution of artificial intelligence, internet of things, and machine learning companies are pressurized to release innovative products and features that meets the growing consumer expectations. Increasing importance of these trends is expected to propel the serverless computing market growth. Furthermore, serverless computing exploits cloud based computing to their full potential and allows the companies to concentrate on their core products and services instead of handling the traffic load on their IT infrastructure. Hence, the user can run the application on a third party server thereby reducing the deployment time. However, as the organization lack control over the infrastructure, addition of multiple customers to the same platform causes security threats and it is estimated to pose a threat to the serverless computing market progression.
Market Segmentation:
Global Serverless Computing Market – By Services
Automation & Integration
API (Application Programming Interface)
Management
Monitoring
Security
Support & Maintenance
Training & Consulting
Global Serverless Computing Market – By Enterprise
SME
Large Enterprise
Global Serverless Computing Market – By End-User
Telecom & IT
BFSI (Banking, Financial Services, And Insurance)
Government & Public
Health Care & Life Science
Media And Entertainment
Manufacturing
Retail & E-Commerce
Others
Global Serverless Computing Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020230
Geographic Analysis:
North America dominates the market by contributing the largest serverless computing market share of 42.09% attributed to the presence of prominent players in the U.S such as Amazon Web Services, Inc., Google LLC, and CA Technologies. Large number of industries such as BFSI, manufacturing, healthcare, and retail boosts the user base in this region. Therefore, the competitive dynamic market compels the enterprises to deliver new products with innovative features thus leading to the adoption of new technologies. This in turn helped North American region to dominate in the serverless computing market.
Competitive Scenario:
Some of the major key players in the serverless computing industry are Alibaba Cloud, Amazon Web Services, Inc., CA Technologies, Google LLC, and IBM Corporation, Microsoft Corporation, Oracle Corporation, Dynatrace, Fiorano Software, Inc., Joyent Inc., ModuBiz Ltd, NTT Data Corporation, Rackspace Inc., TIBCO Software Inc., and Twistlock Inc.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Serverless Computing industry, although key threats, opportunities and disruptive technologies that could shape the Global Serverless Computing Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Serverless Computing Market most.
The data analysis present in the Global Serverless Computing Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Serverless Computing Market business.
The 2021 Annual Global Serverless Computing Market offers:
100+ charts exploring and analysing the Global Serverless Computing Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Serverless Computing Market type
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Global Machine Learning Market 2021: Key Trends and Growing Demand by 2026
AllTheResearch’s “Global Machine Learning Market - Strategic recommendations, Trends, Segmentation, Use case Analysis, Competitive Intelligence, Global and Regional Forecast (to 2026)” report provides an overview of the market size of Machine Learning for the regions United States, Europe (France, Germany, Italy, Spain, UK) and Japan, etc. Based on the Machine Learning industrial chain, this report mainly elaborates on the definition, types, applications, and major players of the Machine Learning Market in detail. Deep analysis about market status (2016-2020), enterprise competition pattern, advantages and disadvantages of enterprise Products, industry development trends (2021-2026), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included.
From raw materials to downstream buyers of this industry will be analyzed scientifically, the feature of product circulation and sales channel will be presented as well. In a word, this report will help you to establish a panorama of industrial development and characteristics of the Machine Learning Market.
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The Machine Learning Market size was valued at US$ 1.7 Bn in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 44.3% for the forecast period ending 2026 reaching a Market value of US$ 33.4 Bn. Some of the key players covered in the Machine Learning Market report include
Amazon Web Services (US)
Google Inc. (US)
Microsoft (US)
Hewlett Packard Enterprises (US)
IBM Corporation (US)
Intel Corporation (US)
AT&T (US)
Yottamine Analytics (US)
BigML Inc. (US)
and Ersatz Labs (US)
As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application, and geography.
By Product Type
By Service (Professional Services, Managed Services)
By Deployment Mode (Cloud, On-Premise)
By Organization Size (Large Enterprises, SMEs)
By Application
Healthcare and Life Sciences
Banking, Financial Services, And Insurance (BFSI)
Retail
Telecommunication
Government and Defense
Manufacturing
Energy
Utilities
By Region
North America [United States, Canada, Mexico]
South America [Brazil, Argentina, Columbia, Chile, Peru]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
Middle East & Africa [GCC, North Africa, South Africa]
Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
For more Customization, Connect with us at https://www.alltheresearch.com/customization/285
Research Methodologies:
Our experts synthesize information from proprietary databases, syndicated reports, primary research, and secondary data, such as company reports, press releases, published peer-reviewed journal articles, disease registries, and general news media to provide a complete picture of your Market. Our approach ensures that every data point and inference go through multiple validations while leveraging a variety of sources to formulate market and opportunity size.
Key Coverage and Benefits:
The report will help in developing business strategies by understanding the trends shaping and driving the global Machine Learning market.
The report provides detailed historical and forecasted data of Machine Learning from 2016-2026.
Organize sales and marketing efforts by identifying the best opportunities for Machine Learning in the US, Europe, and Japan.
To understand the future market competition in the global Machine Learning and insightful review of the key market drivers and barriers.
To understand the regulatory scenario in major markets.
Ask Your Queries to our Analyst regarding Machine Learning Report at https://www.alltheresearch.com/speak-to-analyst/285
The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Key Target Audience:
Raw material suppliers
Market research and consulting firms
Government bodies such as regulating authorities and policymakers
Organizations, forums, and alliances related to Machine Learning forums and alliances related to Machine Learning
Impact of COVID-19 on Machine Learning Market:
Machine Learning Market report analyses the impact of Coronavirus (COVID-19) on the Machine Learning industry. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Machine Learning market in 2021
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Key Highlights of the Table of Contents:
Machine Learning Market Study Coverage: It includes key market segments, key manufacturers covered, the scope of products offered in the years considered, global Machine Learning Market, and study objectives. Additionally, it touches on the segmentation study provided in the report based on the type of product and applications.
Machine Learning Market Executive summary: This section emphasizes the key studies, market growth rate, competitive landscape, market drivers, trends, and issues in addition to the macroscopic indicators.
Machine Learning Market Production by Region: The report delivers data related to import and export, revenue, production, and key players of all regional markets studied are covered in this section.
Machine Learning Market Profile of Manufacturers: Analysis of each market player profiled is detailed in this section. This segment also provides SWOT analysis, products, production, value, capacity, and other vital factors of the individual player.
Frequently Asked Questions:
What are the key factors driving Machine Learning Market expansion?
What will be the value of Machine Learning Market during 2020- 2026?
Which region will make notable contributions towards global Machine Learning Market revenue?
What are the key players leveraging Machine Learning Market growth?
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How to manage your brand reputation on Social Media?
Social media reputation management may benefit brands in any business, especially these days when consumers rely extensively on the Internet for critical information. They rely their purchasing decisions on a company’s internet reputation, rather than advertising, direct sales pitches, or promotional content.
Social accounts may provide a better opportunity to establish your brand’s online narrative than company websites, which are normally optimized for traffic and conversions. Furthermore, because you control these networks, sharing excellent news about your company is a breeze.
While your website and marketing communications are the foundation of your brand’s online reputation, other online assets, such as social media, can have a significant impact on your brand’s reputation and client acquisition efforts.
Here’s how to manage your brand reputation on Social Media:
1- Choose your name with consideration
When it comes to branding your social properties, experts recommend being as consistent as possible, but that doesn’t mean they all have to look the same. Contrary to popular belief, this is not the case. Diversify your profiles to reflect the user base of each platform while maintaining consistency in your brand’s voice, name, and logos.
2- Fill out your profile
Your social media profile is more than just a picture and a handle. Use all fields, including description, location, and contact information, to their best potential. Using these characteristics will increase your credibility with users and help Google understand the relationship between your brand and your website.
3- Make sure your accounts are correct
If branded accounts are an option, it’s well worth the effort to check them out. Verification assures potential followers that an account is legitimate, and also avoids confusion if other accounts with similar names post abusive or negative content. Regrettably, not all social media platforms provide this feature, and some only do so under particular circumstances.
4- Your Team Should Be Trained
It’s easy to ignore, but continuing training is critical for social media reputation management success. Rather than being addressed, complaints frequently stagnate in a brand’s feed. This typical blunder may be avoided with social media engagement training, which can also assist your staff in converting irate clients into devoted brand champions. And, if you don’t have the time to train them, United SMEs has a Hop-on-Hop-off Training for your employees wherein they will get trained for all your needs with experts.
5- Tell us about yourself
Don’t only use your social networks to market your products and services; instead, use them to communicate your brand’s positive story. Instead, use social media to promote the positive work that your company is doing.
6- Respond in a professional manner
The disadvantage of brand monitoring is that it can reveal unfavorable information about your company. While it may be instinctive to protect your firm, this could be a mistake. Empathy and understanding are required to properly handle consumer complaints.
Build your brand’s voice with United SMEs
In this digital age, having a brand’s voice that speaks for itself is critical. United SMEs is here to help you expand your business on social media while maintaining a positive reputation with its Digital Marketing service. With proper optimization, keyword research, and Google AdWords, you can be guaranteed to obtain results for your business without putting in a lot of time and work.
Get in touch with us if you want to build a reputable brand!
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Insights-as-a-Service Market Size 2027 - By Application, Type & Manufacturers Across North America, Europe, APAC, South America, MEA
The research and analysis conducted in Insights-As-A-Service Report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Insights-As-A-Service industry. Nevertheless, this global market research report unravels many business problems very quickly and easily. Due to high demand and the value of market research for the success of different sectors, Insights-As-A-Service Market report is provided that covers many work areas.
Market expectations for likely development openings have been mentioned clearly in this world class Insights-As-A-Service Market research report. Competition analysis has been taken into account while preparing this report. A market analysis has turned into a vital piece of every business to settle on smart choices in the organizations which have been viably carried by experienced analysts. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results. Businesses can bring about an absolute knowhow of general market conditions and tendencies with the information and data covered in this Insights-As-A-Service Market report.
Global insights-as-a-service market is set to witness a healthy CAGR of 24.1% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to increment in IoT, data analytics and competition in the sector
Market Definition: Global Insights-as-a-Service Market
Insights-as-a-service is a cloud-based service by providing insights to business corporations and also assists to provide specific measures that are important to utilize these insights for achieving the business goals. It is one of the fastest growing technologies in business intelligence. The process comprises of analysis of the several types of data such as company data, trend analysis insights and different factors to provide optimized business intelligence. SMEs are highly adopting insights as a service that enables various benefits such as immediate response, fast decision making and customer satisfaction among others.
Market Drivers:
Increasing IOT industry is driving the growth of the market
Growing demand for business intelligence is a driver for the market growth
Rising need of customer management is boosting the growth of the market
Increasing competition in various sectors is contributing towards the market growth
Market Restraints:
Issues related to data security and privacy concern is hampering the market growth
Insights-as-a-service depends on the Saas solutions for insights as well as for the data which will restrict the growth of this market
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Segmentation: Global Insights-as-a-Service Market
By Type
Descriptive Insights
Predictive Insights
Prescriptive Insights
By Application
Revenue Cycle Management
Governance, Risk, and Compliance Management
Customer Life-Cycle Management
Branding and Marketing Management
Strategy Management
Supply Chain Management
By Deployment Model
Public Cloud
Private Cloud
Hybrid Cloud
By Organization Size
Large Enterprise
Small and Medium Enterprise
By Vertical
Banking, Financial Services and Insurance (BFSI)
Healthcare and Life Sciences
Retail and Consumer Goods
Energy and Utilities
Manufacturing
Telecommunication and IT
Government and Public Sector
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
S.
Canada
Mexico
Brazil
Argentina
Rest of South America
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa
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Key Developments in the Market:
In October 2018, Anju Software Inc. acquired Zephyr Health, a company which provides comprehensive physician, institution and treatment data for each major disease area. This acquisition will help Anju Software Inc. to accomplish on joint robust software with actionable data to make tremendous value for the customers, which include pharmaceutical companies, clinical research organizations among others
In April 2017, PwC India, a major global professional service organization launched PwC Insights as a service (PIAS) that enables the company to quickly accept advanced analytics and data science capabilities with versatile commercials and lower prices of ownership. PwC Insights as a service (PIAS) prepared to deploy platform that resist the intellectual property of PwC to achieve the enterprise execution in advanced analytics, big data and IoT and cross-sector consulting knowledge
Competitive Analysis
Global insights-as-a-service market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of insights-as-a-service market for Global, Europe, North America, Asia-Pacific, South America and Middle East and Africa.
Major Market Players
Few of the major competitors currently working in global insights-as-a-service market are Deloitte Touche Tohmatsu India LLP, Capgemini, SmartFocus, GoodData Corporation, NTT DATA Corporation, Dell Inc., Oracle, Accenture, Microsoft, Sand Hill Group, Dynatrace LLC., Tata Consultancy Services Limited., Juniper Networks, Inc., INSIGHT, Nokia , Wipro Limited, Hitech BPO, Tiger Analytics., Analytics Quotient, Concentrix Corporation, Mastercard and among others.
The Insights-As-A-Service market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Insights-As-A-Service market.
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Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Insights-As-A-Service market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Insights-As-A-Service market. These factors have benefited the growth of the global market for Insights-As-A-Service. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
Reasons to Purchase this Report:
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value USD Million and volume Units Million data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)
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Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market sizing 2021
Market size and forecast
PART 07: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
Global Insights-As-A-Service market by product
Comparison by product
Market opportunity by product
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
Global Insights-As-A-Service market by distribution channel
Comparison by distribution channel
Global Insights-As-A-Service market by offline distribution channel
Global Insights-As-A-Service market by online distribution channel
Market opportunity by distribution channel
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
Global Insights-As-A-Service market by end-user
Comparison by end-user
PART 12: REGIONAL LANDSCAPE
Global licensed Insights-As-A-Service market by geography
Regional comparison
Licensed Insights-As-A-Service market in Americas
Licensed Insights-As-A-Service market in EMEA
Licensed Insights-As-A-Service market in APAC
Market opportunity
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 15: MARKET TRENDS
PART 16: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 17: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
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Insurance Analytics Market by Component (Tools and Services), Application (Claims Management, Risk Management, Customer Management and Personalization, Process Optimization), Deployment Mode, Organization Size, End User, and Region - Global Forecast to 2026 published on
https://www.sandlerresearch.org/insurance-analytics-market-by-component-tools-and-services-application-claims-management-risk-management-customer-management-and-personalization-process-optimization-deployment-mode-organiza.html
Insurance Analytics Market by Component (Tools and Services), Application (Claims Management, Risk Management, Customer Management and Personalization, Process Optimization), Deployment Mode, Organization Size, End User, and Region - Global Forecast to 2026
“COVID-19 accelerated organizations to new customer engagement through digital experiences are set to drive the insurance analytics market.”
The global insurance analytics market size is projected to grow from USD 8.8 billion in 2020 to USD 20.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period. Several insurance providers are accelerating investments in digitization and closing gaps in business continuity models. The integration of third-party data to mitigate risk is increasing in urgency. Throughout this time, customers are reminded of how significant the role of insurance is in their lives. For example, health coverage assists with drug and treatment plans for the ill, employment insurance helps those impacted by the economic turmoil, and business interruption coverage supports businesses unable to operate. Companies must continue investing and enabling access for customers while ensuring underwriters are well-informed of upcoming risks. Emergencies, such as COVID-19, highlight the need for insurers to seamlessly integrate reliable data sources, actionable insights, and responsive control measures to help navigate the uncertain landscape. By leveraging data and investing in digitization and analytics, insurers can navigate this challenging period and move the industry forward.
“Process Optimization: The fastest-growing segment of the insurance analytics market, by application”
Based on application, the insurance analytics market is bifurcated into claims management, risk management, customer management and personalization, process optimization, and others (workforce management and fraud detection). Insurers are widely using analytics solutions to understand the potential risks and deploy countermeasures to mitigate losses, or at least screen, pre-empt, and assess the cost of risks in the underwriting process. Risk management involves the identification, assessment, and management of potential risks, incorporating analytics to support decision-making by clearly stating business goals and objectives, and facilitating precise information management with a better understanding of the trade-offs between risks and rewards. Risk management provides insurers with the risk capacity to maintain specific credit ratings, manage capital, and reduce earnings volatility across insurance companies.
“Insurance Companies: The largest growing end user segment of the insurance analytics market.”
Insurance companies are the end-user companies that provide various types of insurance, such as consumer insurance (including life and health insurance, and vehicle/auto insurance) and commercial insurance (employee insurance and asset insurance for manufacturing companies). Insurance companies are now widely adopting various technology solutions, including analytics, for their internal and customer-facing services. For example, multi-line carriers that supply consumer policies — for homes, cars, and small groups — in addition to business services, such as P&C insurance, run several applications to handle underwriting, claims, and Customer Relationship Management (CRM). Increasing service demand coupled with critical end-of-year fiscal reporting forces these organizations to adopt advanced technological solutions, leading to a larger market size during the forecast period. Bajaj Allianz Life Insurance, a Pune, India-based life insurance provider, is among the leading insurers in India who are using predictive analytics across their insurance operations. The company is leveraging predictive analytics across its customer life cycle to assess customer risk, to determine the potential of a customer to renew or lapse a policy, and to act accordingly. Risk management, fraud detection, customer management, and personalization are some of the key application areas where the India-based insurer is applying analytics to improve operational efficiency, reduce cost, and enrich customer experience.
“APAC: The fastest growing region in the insurance analytics market.”
The growing digitalization across the APAC region to deal with a massive amount of data would drive the adoption of insurance analytics platform in the region. APAC has witnessed advanced and dynamic adoption of new technologies and is expected to record the highest CAGR during the forecast period. BRIDGEi2i is one such company that offers user-focused insurance analytics solutions and which has continued to record growth in APAC. The company has achieved one of the leading positions in the insurance analytics market due to its well-practiced strategy of expanding its customer base through acquisitions as well as partnerships with significant players in the market.
Breakdown of primaries
The studies contain insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
By Company: Tier I: 34%, Tier II: 43%, and Tier III: 23%
By Designation: C-Level Executives: 50%, Directors: 30%, and Others: 20%
By Region: North America: 25%, APAC: 30%, Europe: 30%, MEA: 10%, and Latin America: 5%
The insurance analytics market is dominated by a few globally established players such as IBM(US), Salesforce(US), Oracle(US), Microsoft(US), Sapiens (Israel), OpenText (Canada), SAP (Germany), Verisk Analytics (US), SAS Institute (US), Vertafore (US), TIBCO (US), Qlik (US), Board International (Switzerland), BRIDGEi2i (US), MicroStrategy (US), Guidewire Software (US), LexisNexis Risk Solutions (US), WNS (India), Hexaware Technologies (India), Pegasystems (US), Applied Systems (US), InsuredMine (US), ReFocus AI (US), RiskVille (Ireland), Pentation Analytics (US), Habit Analytics (US), Artivatic.ai (India), CyberCube (US), and Arceo.ai (US).
Research Coverage
The report segments the insurance analytics market and forecasts its size, by volume and value, based on region (North America, Europe, APAC, MEA, and Latin America), component (tool and services), services (managed services and professional services), by application (claim management, risk management, process optimization, customer management and personalization, and others), by organization size (SMEs and large enterprises), by deployment mode (cloud and on-premises), and by end user (insurance companies, government agencies, third-party administrators, brokers, and consultancies).
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the insurance analytics market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall insurance analytics market and its sub segments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
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Global Insurance for Recovery Work in Covid-19 Market Research Report 2026
Summary- A new market study, titled “Global Insurance for Recovery Work in Covid-19 Market Size, Status and Forecast 2020-2026” has been featured on Wiseguy Reports
Insurance for Recovery Work in Covid-19 market is segmented by Type, and by End Users. Players, stakeholders, and other participants in the global Insurance for Recovery Work in Covid-19 market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by End Users in terms of revenue and forecast for the period 2015-2026.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 200 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Insurance for Recovery Work in Covid-19 market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyzes the impact of Coronavirus COVID-19 on the Insurance for Recovery Work in Covid-19 industry.
Also Read: https://www.einpresswire.com/article/529940633/insurance-for-recovery-work-in-covid-19-market-global-industry-analysis-growth-trends-and-forecast-2020-2026
The key players covered in this study
PICC
Funde Insurance Holding
BoComm Life
Chang An Insurance
CPIC
...
Market segment by Type, the product can be split into
Medical Insurance
Life Insurance
Property Insurance
Other
Market segment by End Users, split into
Employees
SMES
Large Enterprise
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Insurance for Recovery Work in Covid-19 status, future forecast, growth opportunity, key market and key players.
To present the Insurance for Recovery Work in Covid-19 development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Insurance for Recovery Work in Covid-19 are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2026
For the data information by region, company, type and end users, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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Political Economy and Economic Development Under Aquino and Duterte Administration
The Philippines is known as a mixed economic system. It has different private freedom, and with the government regulation and centralized economic planning. Many of the Presidents have reigned the Philippines and made such huge impact to the country’s growth. Over everything else, the President symbolizes the country – its people. With different leadership styles, they have ruled over country for its greater good.
This entry will discuss the political economy and economic development of the former President Aquino III and the current President Duterte. We will be focusing on the different contributions by these presidents with regards to human development index, purchasing power of the citizens, and support for entrepreneurship and innovation.
Benigno S. Aquino III (2010-2016)
During the term of the second Aquino as the President of Philippines, he took pride in his vision of “Daang Matuwid” (Straight Plan). Thus, Aquino took an administration, as much as possible, that’s from free corruption. Under the Aquino administration, he gave importance for the improvement of the Filipino’s quality of life, particularly the vulnerable and poor.
With regards to Human Development Index (HDI), investing for Filipino people has been the foundation of the Aquino administration’s inclusive growth agenda. Increasing access to the quality of health care: upgrading health care facilities, providing free vaccination to children, and improving financial protection in health care sots. President Aquino signed RA 10606 (An Act Amending the National Health Insurance Act of 1995), on June 19, 2013. This will prioritize the health care needs of all underprivileged, sick, elderly, PWDs, women, and children. On the year 2013, also, Aquino had implemented the K to 12 Basic Education Program. This is to ensure the basic education graduates’ readiness for tertiary education and give preparation for career options. Furthermore, social services has as increase share of national budget. The Pantawid Pamilyang Pilipino Program gives financial support to poor household that is in compliance with human capital formation interventions in education and health.
For the purchasing power of the Filipino citizens, according to Undersecretary Gil S. Beltran, in January 2011, the inflation went to 4 percent that it took three months before it was brought down to 3 percent in February 12. However, under the Presidency of Aquino, the Philippines was also considered as one of the fastest growing economies. The annual real GDP growth is in average of 450 percent since 2000. This is because of strong domestic economic policies and the aftermath of fast growth of Chinese economy, according to Emmanuel Dotong, Doctor of Business Administration.
Aquino III mentioned in the APEC on 2015, there are over 97 percent of SMEs that generate employment in more than 50 percent. The priority of the Apec 2015 are the implementation of Magna Carta for MSMEs, Access of Small Enterprises to Sound Lending Opportunities (Asenso) that has allocated billions of funds to enterprises from 201 to 2014, formation of common production centers or Shared Service Facilities (SSF).
Rodrigo R. Duterte (2016 – present)
Rodrigo Roa Duterte, different from his predecessors, became popular and well-loved by the Filipino people because of his frankness as a leader. The people refer him as “President DU30”. The president is leading is presidency as free from corruption, in which he promised to fire people that are involved in it. The Duterte Administration’s campaign for illegal drugs has been a controversy, yet he still has shown determination on his commitment to his purpose and vision – “Change Coming”.
President Duterte’s focus on Human Development Index (HDI) is through the improvements of living conditions and well-being of the people in line with the life expectancy, per capita income indicators, and education. On August 3, 2017, the President signed a bill granting free tuition in public tertiary and vocational schools for over a million of students nationwide. Also, the Universal Healthcare Act in was signed into law by the President. This will enroll all Filipino citizen automatically into National Health Insurance Program and PhilHealth that can guarantee equal access to quality and affordable healthcare services including medical consultations and laboratory tests.
President Duterte has signed into law the Tax Reform for Acceleration and Inclusion (TRAIN), which provides cuts for almost all of the Filipino taxpayers while increasing the budget to fund other newly approved legislations. By reducing 99 percent of the personal income taxes, the taxpayers are given much relief of non-adjustments of tax rates and brackets for 20 years. The president has promised for the increase of salary for public school teachers and members of Armed Forces of the Philippines and Philippine National Police.
Amid this corona virus disease 2019 (COVID-19) crisis, the President Rodrigo Duterte assured the micro, small and medium enterprises, farmers, and fishermen of assistance from the government. The President said in the televised public address aired on March 30, 2020 a recovery package, especially MSMEs, will be provided to help deal the pandemic’s economic effects. The government will also ensure the food productivity, sufficiency, and availability for the farmers and fisher folks during this period of pandemic.
From the two Presidents mentioned above, personally, I can say that the Duterte Administration has more economic development. Allow me to give praise and support of our current President Rodrigo Duterte that despite of all criticisms and unfair judgments of his presidency, he still managed to use those things thrown to him as a way to deepen and strengthen his Administration to support and provide for the Filipino people. The implementation of K to 12, a preparation for tertiary education, is actually beneficial. However, free tuition is better since it catered millions of students. President Duterte also gave more focus on MSMEs and poor livelihood during in this difficulties, like the pandemic. Indeed, both of the Administration has made impacts to the Philippines’ economic growth with different approach to the given circumstances and challenges. Since the presidency of Aquino III has passed, I’m hoping for more improvements and implementations to the President Duterte’s remaining years of term.
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7 Reasons Why Your Company Needs Business Insurance
The Journal of IDCRO, a dentistry-related online magazine’s research, revealed that more than 50% of dental practitioners were not aware of the Professional Indemnity Insurance, 20% felt that it was not mandatory and 9.5% did not feel there was a need to purchase the insurance. The research concluded that there was a severe lack of awareness about this insurance despite rising cases of claims against dentists by patients.
This is just one example of a disturbing lack of awareness about the need and the importance of insurance for small businesses and individual professionals.
There are numerous ways in which insurance can help protect and cover businesses, which business owners may fail to consider. This article will detail a few of the many reasons why your company needs tailormade business insurances.
1. You want to be able to deal with uncertainties
Your assets such as the office space, vehicle, inventory are indispensable and extremely valuable to the success of your business. However, natural disasters, machinery breakdown, burglary, or lawsuits arising out of negligence, are risks that cannot be ascertained and have the potential to cripple your business. Hence, it only makes sense to protect these precious assets.
Thus it’s essential for any company to have business insurance that can cover these losses. Large corporations can face lawsuits running into millions. SMEs might not be able to sustain the crushing financial losses that arise in fighting out legal battles or out-of-court settlements. Individual professionals and consultants, too, could face the risk of legal suits. Thus, opting for suitable business insurance, that serves as an umbrella to cover all kinds of company assets, is a wise decision for every kind of business.
In a nutshell, it would be okay to say that risks and dangers are always growing. Global warming has made natural calamities a more frequent occurrence. Your office premises may be physically protected but your business data faces the risk of cyber attacks What would happen if your customers file a lawsuit against you for losing their personal data to a cyber attack?, Would you have the financial resources to help your business stay afloat in such a scenario? This is where business insurance can help you live another day.
2. You want to get all aspects of your business covered
Every business is made of various components – employees, electronic assets, raw material, inventory, vendors, customers, third parties, and more. Events and happenings may affect any or all aspects of the business. This brings us to business insurance. Insurance cannot reduce the incidents of risk but it can be a financial tool to protect against expenses and losses.
The kind of insurance a business may need depends on the industry it operates in and the nature of the business. For example, a fintech company would require Cyber Risk Liability Insurance, whereas an SME that is into manufacturing clothes may not need it, if none of its business activities are online. Commercial General Liability, Professional Indemnity Insurance, and Directors & Officers Liability Insurance are among the most prevalent insurance plans in India and cover a whole range of business liabilities.
Business owners need to give a deep thought as to which are the areas of their business that require the purchase of business insurance plans. From the office building to equipment to inventory to business reputation – when one plans an insurance portfolio, there are many complex decisions and components to be considered.
3. You want to ensure your business is up and running after a loss
A bustling café had to shut down due to an outbreak of a disease caused by the eggs that were being served in the café. However, Business Interruption Insurance covered all their losses and expenses – staff salaries, vendor payments, and losses.
Businesses are akin to a pack of cards. Building a business involves a lot of effort, time and monetary investments but the slightest error or negligence can bring the whole edifice crashing down. And if you don’t have the right insurance policies to protect you, you could be in for a severe heartache. Most businesses collapse in the event of not having insurances policies at the time of unexpected distress.
4. You want to protect yourself and others, too
Apart from protecting yourself, it is important for you, as a business owner, to have insurances that protect the key stakeholders – customers, employees, vendors, and investors, among others. One of the most important insurances for a business is the Commercial General Liability Insurance (CGL) that protects enterprises. It covers major claims that any business may face:
Bodily injury and property damage
Personal and advertising injury
Medical expense payment
Moreover, there is a difference between the liabilities of the business and its owners. A business has limited liabilities, whereas the business owners or directors have additional liabilities.
5. You want to enhance business credibility, attract talented employees
Employees are an asset for a business. A business also has liabilities towards its employees. Employers may have to face losses and expenses related to employees. A legal case filed against the employer by the employee on the grounds of discrimination, an employee getting injured in the course of performing a business activity or an employee being sued by a third party. These are some of the ways in which a business is liable to its employees’ protection in times of risks.
Group Health Insurance, Workers Compensation, Professional Indemnity and Directors & Officers Liability Insurance are some of the most prevalent types of insurances that businesses should purchase to protect their employees.
Here’s an example: Company X was on the lookout for a new CEO. Most candidates that were pursued declined the offer on the grounds that the company did not have a Directors & Owners Liability Insurance policy. It’s possible. Insurances improve recruitment opportunities for director-level roles and also promote higher retention. Some industries could be more vulnerable to legal risks towards its directors. Thus these types of insurances are essential for companies to procure in order to recruit and retain strong leaders, directors and decision makers.
6. You want to expand your business
As a business grows, so does its needs. Having a strong and comprehensive business insurance portfolio can help the owners and directors take important decisions while not having to worry too much about the personal and business legal ramifications. Expanding business requires confidence. Insurances provide a fair bit of confidence.
In the current landscape of startups and entrepreneurial initiatives, business owners have an increasing urge to expand their footprint across the country, and in some cases, globally. International markets bring with them, new risks, challenges, new rules and regulations, which if not followed to the tee, might leave businesses vulnerable to legal risks. Certain sectors such as IT, knowledge-based sectors, outsource-related industries, and individual consultants such as doctors, architects, brokers, and business consultants, among others, should definitely have insurances in place to be able to expand their business to new shores.
7. You want to improve your business credibility
Insurance policies could help in improving business credibility and reputation, and instill trust in customers and new partners. Companies that face legal charges could face a lot of problems such as interruption in daily business activity, loss of productivity or low morale of employees, among others. Having the right business insurance policies would ease the company’s stress and burden, allowing it to function smoothly.
Having the right kind of business insurance policies could also help in creating confidence and trust in customers, in turn, leading to higher revenue. For companies that aspire to expand its business in the foreign markets, having business insurance can ensure it is prepared for new kinds of risks, rules and regulations. Having business insurance would instill confidence in new partners and collaborations, especially when expanding to new geographies and markets. Those companies that aspire to expand their business should seek guidance from professional insurance companies that can offer the right insurance solutions.
To sum it up
Business insurance can leave you confused, with the many factors that need to be understood before making a decision. This is why it is important to get business insurance advice from competent insurance companies who can aid you.
PlanCover can address your concerns and queries with unbiased solutions that would benefit your business. Moreover, PlanCover’s approach of transparency at every stage of the policy’s life cycle ensures that you know what’s happening with your policy. For more details visit our website.
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Content Services Platforms with Unlimited Potential
Content Services is an emerging method to logically and efficiently capture the information, which is further delivered to the right department or the process of using digital channels (typically through the cloud). Content Services is based in the cloud, therefore, it ensures that the businesses are addressing the changing the compliance requirements along with remaining cost-effective and scalable. Content services are a set of services and micro services that are personified either as a combined product suite or as an individual application which has common APIs and repositories. These content services are meant to achieve a diverse content type and to serve numerous constituencies and use cases across an enterprise.
What is Content Services Platform?
Content services is a platform which can be assumed as the cloud-based SaaS software which further allows users to produce, share, collaborate on and store text, audio, and video content. These technologies are relatively new terms in gaining acceptance as a beneficiary to an enterprise content management (ECM) software. ECM and Content Services Platforms aim to resolve the challenges of enterprise content management, nevertheless, their approach to achieving these goals is very different.
Showcasing the emerging and dynamic nature of content services, the change from enterprise content management vendors to content services platforms and components, deviates the attention from ECM’s self-contained storage of content to actively using the content all across the content services platforms. This relies widely on multiple open services which are interrelated and work collaboratively to properly understand how content can be used internally and externally for creation, collaboration and distribution of information enterprise-wide.
Why do we need the content services platform?
Content services platform enables the organizations to understand the value of the content and data which is accessible to them. Instead of separating the content in a separate repository, where this becomes inconvenient in accessing it, these services have a developed approach in connection with people, processes, and content across all the organizations along with their suppliers, customers, and other business partners.
Content services software facilitates companies to deliver the correct content to the correct person at the correct time. Users may access and interact with the content that they require from within the application which they utilize through tailored workspaces. The major content services platforms allow for low-code or no-code improvement of plug-ins which can decouple the users’ experience from the underlying content repository. The user may have access to personalized and dynamic content in relation to the context of the applications which are used by them regularly.
Application of Content Services Platform in Emerging Industries:
· Banking, Financial Services, and Insurance
The banking sector is one of the most regulated industries. As there are numerous regulatory compliances that the BFSI organizations have to adhere with. The banking industry happens to be the one which has witnessed several cyber-attacks recently. The BFSI industry generates large volumes of enterprise content from their day to day operations. The service vendors have a tendency of providing solutions and services on the basis of uniform best-practice processes to improve data security and decrease operating costs along with efficiently audit-compliant processes in observation of all relevant regulations.
· Government and Public Sector
Digital Design System (DDS) is a set of ideologies which offers leadership and support for government digital transformation efforts. Initiation of these principles demands for investment in the appropriate types of tools and platforms. DDS is a practice that has agile and repeatable components which are environment-friendly and further boosts the sharing of skills and data. Agencies look ahead to leverage DDS which again explores the content services with findings in philosophy and capabilities that allows their investments to achieve digital services and practices. Content services demonstrate the capabilities to meet the needs and handle the processes that drive government processes, services and programs.
· Healthcare and Life Sciences
In a clinical context, while numerous electronic medical/health records (EMR/EHR) manage an organized content, even the seamless systems cannot be managed in unorganized data such as paper documents, faxes, photos, images, and rich multi-media data contents which are generated across the care setting. In the non-clinical context, where ECM solutions complement operational, administrative, and financial information systems in a healthcare enterprise by making the end users to proficiently aggregate, store, and manage diverse content which is further generated across the enterprises.
Click Here For Free Insights: https://www.kbvresearch.com/news/content-services-platforms-market/
Emerging Trends and Challenges in Technology:
Social media, mobile, analytics, and cloud (SMAC) convergence are one of the most powerful trends for both consumers and enterprises across industry verticals. Companies include SMAC driven marketing plans for minimizing the expenses along with preserving resources. Also, the efficient use of analytical tools makes it suitable for enterprises to measure returns from each campaign. The growth realization is a result of leveraging SMAC, which not only generates a better market situation but at the same time, it leads to improved entrepreneurial initiatives. SMAC majorly supports the evolution of corporates and the growth of SMEs, besides implicating business growth. So the adoption of SMAC’s drives the market for Content Services Platforms Market.
Privacy of data and images majorly includes few concerns about making sure that an individual data is not available automatically to any individual or an organization where the people can exercise a substantial degree of control over that data and its usage. For one thing, big data breaches escalate the risk possibilities. Secondly, the more the information, the more personal or sensitive information it can contain. Areas where sources of information vary, allowing multiple opportunities for penetration. Finally, the distribution of computed data, which is the sole way of processing the massive quantity of big data, opens up further with opportunities for data breaches. Privacy concern in relation to contents, images, etc. are hampering the growth of content services platform industry.
The bottom line
The growth in content services platform market is simultaneous, which gives an enhancement to the demand for services. Also, with these services, the implemented solutions are obtained in a cost-efficient manner in order to accomplish business processes keeping in mind the time frame and budget effectively. Additionally, at times these services are provided by channel partners who further strengthen the geographical reach of the software vendor.
The necessity for integration and deployment services is expected to be quite promising in the near future, which is due to the presence of different integrated platforms. Growth in adoption of content services platform solutions, the demand for supporting services is also increasing among end users. Content services platform services are mostly concerned with consulting, integration and deployment, and support and maintenance services. The Global Content Services Platform Market is being estimated to emerge as a market growth of 19.4% CAGR over the forecast period.
#enterprise content management#content services platforms market#content services platforms market analysis
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Content Services Platforms with unlimited potential- KBV Research
Content Services Platform is an emerging method to logically and efficiently capture the information, which is further delivered to the right department or the process of using digital channels (typically through the cloud). Content Services is based in the cloud, therefore, it ensures that the businesses are addressing the changing the compliance requirements along with remaining cost-effective and scalable. Content services are a set of services and micro services that are personified either as a combined product suite or as an individual application which has common APIs and repositories. These content services are meant to achieve a diverse content type and to serve numerous constituencies and use cases across an enterprise.
What is content services platform?
Content services is a platform which can be assumed as the cloud-based SaaS software which further allows users to produce, share, collaborate on and store text, audio, and video content. These technologies are relatively new terms in gaining acceptance as a beneficiary to an enterprise content management (ECM) software. ECM and Content Services Platforms aim to resolve the challenges of enterprise content management, nevertheless, their approach to achieving these goals is very different.
Showcasing the emerging and dynamic nature of content services, the change from enterprise content management vendors to content services platforms and components, deviates the attention from ECM’s self-contained storage of content to actively using the content all across the content services platforms.
This relies widely on multiple open services which are interrelated and work collaboratively to properly understand how content can be used internally and externally for creation, collaboration and distribution of information enterprise-wide.
Why do we need the content services platform?
Content services platform enables the organizations to understand the value of the content and data which is accessible to them. Instead of separating the content in a separate repository, where this becomes inconvenient in accessing it, these services have a developed approach in connection with people, processes, and content across all the organizations along with their suppliers, customers, and other business partners.
Content services software facilitates companies to deliver the correct content to the correct person at the correct time. Users may access and interact with the content that they require from within the application which they utilize through tailored workspaces. The major content services platforms allow for low-code or no-code improvement of plug-ins which can decouple the users’ experience from the underlying content repository. The user may have access to personalized and dynamic content in relation to the context of the applications which are used by them regularly.
Application of content services platform in emerging industries:
· Banking, Financial Services, and Insurance
The banking sector is one of the most regulated industries as there are numerous regulatory compliances that the BFSI organizations have to adhere with. The banking industry happens to be the one which has witnessed several cyber-attacks recently. The BFSI industry generates large volumes of enterprise content from their day to day operations. The service vendors have a tendency of providing solutions and services on the basis of uniform best-practice processes to improve data security and decrease operating costs along with efficiently audit-compliant processes in observation of all relevant regulations.
· Government and Public Sector
Digital Design System (DDS) is a set of ideologies which offers leadership and support for government digital transformation efforts. Initiation of these principles demands for investment in the appropriate types of tools and platforms. DDS is a practice that has agile and repeatable components which are environment-friendly and further boosts the sharing of skills and data. Agencies look ahead to leverage DDS which again explores the content services with findings in philosophy and capabilities that allows their investments to achieve digital services and practices. Content services demonstrate the capabilities to meet the needs and handle the processes that drive government processes, services and programs.
· Healthcare and Life Sciences
In a clinical context, while numerous electronic medical/health records (EMR/EHR) manage an organized content, even the seamless systems cannot be managed in unorganized data such as paper documents, faxes, photos, images, and rich multi-media data contents which are generated across the care setting. In the non-clinical context, where ECM solutions complement operational, administrative, and financial information systems in a healthcare enterprise by making the end users to proficiently aggregate, store, and manage diverse content which is further generated across the enterprises.
Emerging trends and challenges in technology:
Social media, mobile, analytics, and cloud (SMAC) convergence are one of the most powerful trends for both consumers and enterprises across industry verticals. Companies include SMAC driven marketing plans for minimizing the expenses along with preserving resources. Also, the efficient use of analytical tools makes it suitable for enterprises to measure returns from each campaign. The growth realization is a result of leveraging SMAC, which not only generates a better market situation but at the same time, it leads to improved entrepreneurial initiatives. SMAC majorly supports the evolution of corporates and the growth of SMEs, besides implicating business growth. So the adoption of SMAC’s drives the market for Content Services Platforms Market.
Privacy of data and images majorly includes few concerns about making sure that an individual data is not available automatically to any individual or an organization where the people can exercise a substantial degree of control over that data and its usage. For one thing, big data breaches escalate the risk possibilities. Secondly, the more the information, the more personal or sensitive information it can contain. Areas where sources of information vary, allowing multiple opportunities for penetration.
Finally, the distribution of computed data, which is the sole way of processing the massive quantity of big data, opens up further with opportunities for data breaches. Privacy concern in relation to contents, images, etc. are hampering the growth of content services platform industry.
The bottom line
The growth in content services platform market is simultaneous, which gives an enhancement to the demand for services. Also, with these services, the implemented solutions are obtained in a cost- efficient manner in order to accomplish business processes keeping in mind the time frame and budget effectively. Additionally, at times these services are provided by channel partners who further strengthen the geographical reach of the software vendor.
The necessity for integration and deployment services is expected to be quite promising in the near future, which is due to the presence of different integrated platforms. Growth in adoption of content services platform solutions, the demand for supporting services is also increasing among end users. Content services platform services are mostly concerned with consulting, integration and deployment, and support and maintenance services. The Global Content Services Platform Market is being estimated to emerge as a market growth of 19.4% CAGR over the forecast period.
#Content Services Platforms Market Growth#Content Services Platforms Market Analysis#Content Services Platforms Market Size#Content Services Platforms Market#KBV Research#Content Services Platforms
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