Cloud computing is booming.
A Gartner study found that 81 percent of respondent companies said they work with two or more cloud computing providers. But as Michael Warrilow, VP Analyst at Gartner, points out, making the leap from on-premises maintenance to cloud-based.
When it’s time to change your approach to tech, most teams focus on the project. They look at the goals to be reached and the tasks to be done.
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As in-app payment options become more common, customers have come to expect and even demand them. Many companies want to add in-app payment options to their apps, but perhaps lack the information they need to understand exactly what their users need from a mobile.
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Migrating to the cloud can have profound benefits for many businesses — or it can cause unnecessary duplication of resources.
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Cloud computing has revolutionized the way many businesses carry out daily tasks and manage their data. A mid-2020 forecast by Gartner estimated the value of the cloud computing market at $242 billion in 2019, a number projected to reach over $364 billion by 2022.
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At the end of 2019, 46 percent of smartphone purchasers in the Asia-Pacific region used mobile payment options through their phones. While adoption has been slower in places like the U.S., mobile payments gained momentum throughout the COVID-19 pandemic, and their.
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Banks rely heavily on their computer systems. Yet every computer system is an artifact of the time in which it was built.
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Mobile payments offer a new option for monetary transactions. While mobile payments have not replaced the use of cash, checks and credit or debit cards, the technology is becoming more popular among customers for its convenience.
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Banks have relied on computers for decades. For many banks, the computer systems they rely on are increasingly obsolete, yet replacing them is prohibitive. Many banks find themselves nursing legacy computer systems as a result.
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The first generation of fintech companies focused on offering specific, isolated services. As banks struggle to update their legacy computer systems, however, both fintech companies and banks are discovering that true resilience comes from working together.
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Fintech startups changed the way customers and incumbents alike think about banking. As customer expectations have changed and their digital-first options have exploded, legacy banks are embracing technology, as well.
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Despite fintech’s rise over the past couple of decades, legacy banks still handle the majority of financial transactions worldwide. Yet legacy banks face a number of shortcomings and challenges of their own.
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Every year in the U.S., companies lose millions of dollars on poorly thought-out software projects.
Weak planning, slack lines of communication and insufficient buy-in cost companies both time and money. When the project involves outsourced software development, that.
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Many executives can visualize the software their organizations need to meet their business goals. Realizing that vision, however, may require hiring an outside software development team.
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Anyone planning to pitch a new software project within an organization faces a double-sided risk.
On one side, resistance to change may cause early death for a software build. On the other side, over-enthusiastic acceptance of an idea without adequate planning or.
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