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How has Data Become the World’s Most Valuable Commodity?

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The world is packed full of tangible and valuable commodities, with oil offering a relevant case in point. In fact, global oil reserves equated to a staggering 1.7 billion barrels at the end of 2019, creating a vast marketplace that’s one of the most lucrative in the world.

However, we’re currently seeing an exponential rise in the value of intangible and digital commodities, such as cyber and data. The wider world of cyber could achieve a cumulative market value of $280 billion by 2025, while data is now considered to be the globe’s most valuable and vulnerable resource.

Of course, the level of vulnerability surrounding data continues to increase as the resource grows. But just how much data is being processed today, and where does this rank amongst the 10 most traded commodities in the world. [Read more…] about How has Data Become the World’s Most Valuable Commodity?

5 Ways Product Packaging Impacts Business Success

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We understand how product packaging affects sales. Because competition will always be high, it is critical to discover the proper solution to capture the attention of your clientele.

Good packaging will not only preserve your product but will also entice consumers to check it out. The shape and color of your product are critical considerations.

Most of the time, it is not just the product’s quality that draws people in, but also the shape of the box, the quality of the materials, and the color palette. [Read more…] about 5 Ways Product Packaging Impacts Business Success

5 Reasons to Use Modern Digital Displays in Your Marketing Efforts

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Today, shopping has taken a major shift, with consumers relying on digital information when selecting products and services to purchase. Business owners employ different marketing methods, including paid advertising, relationship and transactional marketing.

While developing a marketing strategy and plan, it is essential to identify your business goals, research your market, profile potential customers and competitors, and test your ideas.

With the technological advancements, shopping habits have rapidly evolved, with most people shifting to digital spaces due to the convenience and sophistication that comes with them. [Read more…] about 5 Reasons to Use Modern Digital Displays in Your Marketing Efforts

Top 5 Cases to Use AI in Manufacturing

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Artificial Intelligence and machine learning continue to be the greatest driving forces powering the manufacturing industry today.

Over 60% of manufacturing companies have already adopted AI technology to increase operational efficiency, reduce downtime, and deliver high-quality products that meet unique consumer demands.

According to Global AI in Manufacturing Market Trends, the market is projected to reach $16.7 billion by 2026, registering a CAGR of 57.2% during the forecast period. [Read more…] about Top 5 Cases to Use AI in Manufacturing

Where Do You Look When You Want to Purchase Cutting-Edge Technology for Your Business?

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More and more people are opening up to the idea that technology can essentially run our businesses solo. If you’re planning on starting a single-person business, then technology is like an employee that never gets tired and never complains.

It’s essential for making certain tasks easier and it can gradually expand as you need it to perform more functions and handle more tasks. However, technology can involve anything from a simple laptop to a cutting-edge piece of machinery that is specific to your use case.

Technology is an extremely generic term of basically anything that we use in our businesses, and this can open up a few misconceptions with terms like “cutting-edge technology”. [Read more…] about Where Do You Look When You Want to Purchase Cutting-Edge Technology for Your Business?

Predictive Modeling in Healthcare

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The healthcare industry continues to find itself in an entanglement with continuous risks.

Handling these risks implies the applicability of highly accurate predictive technologies that promise improved medical care.

Why does predictive modelling tools matter? [Read more…] about Predictive Modeling in Healthcare

A Look at the Past, Present, and Future of IT Support

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Information technology (IT) support has in past years been known as the center of all technological innovations in a company. Given that the world of business today is highly dependent on technology, the IT department has no doubt become an integral part of any organization.

Now, technology is no longer limited or solely driven by the IT department. With the emergence of cloud and mobile technologies, almost anyone in an organization has access to high-quality tech that would have been limited or at least mostly been found in the IT department.

It looks like IT support is being overtaken by the very technologies that brought them into existence. But is that what’s happening? What’s the future of IT support if there’s any to speak of? [Read more…] about A Look at the Past, Present, and Future of IT Support

7 Ways IT Support Can Benefit Your Business

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In a world where technology is continuously evolving, businesses must change with the trends to succeed. Only when businesses adapt to change will they open more chances of success.

However, once you start moving with the trends, the challenge that follows is keeping up with the required frequent updates. It can prove to be a lot of work because you’re still trying to grow your business and manage client expectations.

This is where IT support services come in. The IT support team is responsible for ensuring that all business functions connect and run seamlessly. They maintain, fix errors and broken devices, and curb potential errors before they happen. [Read more…] about 7 Ways IT Support Can Benefit Your Business

COVID-19 Crisis: Employers Automating Workplaces to Fill in Reduced Workforce

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The world has been at a standstill since March 2020 – thanks to the novel coronavirus pandemic and the impending lockdown in many places.

Some of the worst-hit sectors are manufacturing industries, which are facing a labor shortage and thus are not able to operate at 100 percent of their strength.

With lower productivity comes reduced revenue, which could be perilous when the economy is taking a hit. [Read more…] about COVID-19 Crisis: Employers Automating Workplaces to Fill in Reduced Workforce

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