Digital Transformation

fintech-software-development-outsourcing

Fintech Development Outsourcing: The Ultimate Guide

As the fintech sector continues to grow, more and more financial institutions are encouraged to develop digital solutions using new technologies, like artificial intelligence and blockchain, to offer them a competitive advantage.   Building your in-house team, however, can be expensive and time-consuming. Because of this, more organizations are increasingly searching for specialized fintech development outsourcing providers to assist them in developing cutting-edge banking or financial products.  Fintech Development Outsourcing Overview & Trends  According to experts’ forecasts, in 2030, the size of the worldwide fintech market is anticipated to reach $699.50 billion, growing at a CAGR of 20.5%.  Modern technology has... 02 November, 2022
virtual-CIO

What is a Virtual CIO (vCIO), and What Do They Do?

The term virtual CIO has increased in popularity in recent years with the development of the Internet and information. In the IT field, hiring a virtual CIO can help new companies gain more experience and knowledge. This person will suggest to your company the right orientations to develop. A virtual CIO can also modify your company’s operation and facilitate technological changes. With the strategic advice they give, your business grasps more chances for stable growth.  If your company needs strategic IT plans, you should consider hiring a virtual CIO rather than a traditional consultant. Give him the authority to make... 04 July, 2022
digital-transformation-in-banking

Digital Transformation In Banking – Challenges And Trends

Technology brings more convenience and pleasure to human life. Every aspect, including the financial field, has been improved apparently.  Banking services have become more modern and effective thanks to technological appliances. The presence of digital transformation in banking appears to eliminate the weakness of the traditional banking model. Still, do some barriers remain? This writing will provide an insight into this topic. Besides the definition and reviews, the trends of financial digitization will be attached.  What Is Digital Transformation In Banking? Definition Digital transformation is employing digital technologies to improve customer service. There are three major elements formulating this process.... 28 June, 2022
digital-transformation-in-healthcare

Digital Transformation in Healthcare: 6 Key Trends

Keeping up with the digital transformation in healthcare as a provider can be challenging. The most difficult part is determining which investments in future technology to make. Persuading your workforce to accept change is also a defiance. Adapting to the digital world, after all, necessitates a move toward a more flexible and risk-taking attitude. It entails letting go of antiquated corporate methods and believing in the power of disruption to produce significant outcomes. Wearable medical equipment, virtual reality tools, telemedicine, and 5G mobile technologies exemplify how technology has improved patient care. On the other hand, doctors can use AI-supported tools... 28 June, 2022
Digital Transformation Trends 2021

Top 3 Digital Transformation Trends 2021

 2020 has witnessed a historical event that drastically changed the world: The COVID-19 pandemic. In such a desperate time, mankind has to come up with innovative measures to mend the stitches. Therefore, digital transformation slowly emerges to save the day. To maintain a competitive position in the technology race, businesses should get acquainted with these digital transformation trends in 2021. 5G technology will thrive strongly 5G technology has been a common term in technology for years now. But not only until this period of time, when remote work, video conferencing, and digital collaboration became core parts of our lives, that... 16 May, 2022
digital-transformtion-in-manufacturing

What is digital transformation in manufacturing?

With the beginning of the 4.0 era, digital transformation in manufacturing has become a prevalent trend. In recent years, we have witnessed its drastic effects to facilitate supply chains, operational efficiency, R&D, and communication. But what is digitalization in the manufacturing sector? One may ask. While discussing a definite answer, we also want to touch on some of its benefits, challenges, and the most popular trends of this transition.  What Is Digital Transformation In Manufacturing? Overview First and foremost, digital transformation or digitalization are two terms that can be used interchangeably. This is a business strategy that applies in all... 07 April, 2022
chief-digital-officer

What is a Chief Digital Officer & What Do They Do?

Chief Digital Officer (CDO) is a new role in a company in particular and in an industry in general. They will be in charge of using digital and modern technology to transform information and create value for a business. The part of this job used to belong to CIO and CTO roles, so some organizations do not actually have a CDO.  Still, the industry has adapted to develop a CDO in the business as they realize the use of digital information is an innovative way in the future and will make a significant change in the dominant industry. What is a Chief... 25 March, 2022
cdo vs cio vs cto

CDO vs. CIO vs. CTO and CEO: What’s the Difference?

The C-suite, or chief suite, is a new term in the business in recent years, which indicates the highest-ranking senior executives in operation. CDO vs. CIO vs. CTO and CEO are those core parts of the C-suite to manage the organization as a whole. It might sometimes be mistaken for those top positions with each other. Still, they will be specialized in different roles to maintain a competitive edge and the ultimate goal for a company’s success. Also, they will cooperate to establish a common vision and work towards mutual objectives.  To have a thorough look at all those top... 25 March, 2022
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How to Ensure Cyber Security in The Pandemic

Due to the Covid-19 pandemic, companies are accelerating their digital transformation, and cyber security is now a major concern. In this article, TECHVIFY will point out the challenges, costs, as well as ways to protect your organizations from cyber attacks.  What are the challenges of work-from-home policies companies have to face?  The challenge, in general, is those home computers are typically not set up to deal with corporate information, so the IT infrastructure needs to be updated with the latest cybersecurity protocols. It may not have anti-virus, anti-malware, backup, firewall configurations, etc.  Furthermore, average users do not know much about cyber... 27 September, 2021
digital trasformation

How Digital Transformation Affects Design Process

Digital transformation must be amongst the most popular keywords in the technology field recently. It is a rising trend affecting almost all industries, including design. Technology has brought information to the world’s remotest corners, and medicine that heals diseases once incurable are all signs of what humans can accomplish.  Technology has made creating for the future simpler; for example, general contracting companies utilize technology to design properties for clients and to execute the construction of homes and buildings. So how will things look with the touch of advanced technology? Let’s take a peek into the future of design with TECHVIFY... 27 September, 2021
Blockchain and AI

Blockchain and AI: a Powerful Combo in Digital Transformation

Separately, AI and blockchain are both popular trends in tech. But have you ever heard of their combination? In this article, let’s discover why these two concepts are a perfect duo in technology with TECHVIFY Software. And see how your business can make use of this trend. What is blockchain technology? Blockchain is a system that acts as a public ledger of transactions, recording information to make it difficult or impossible to change, hack, or cheat the system. This allows users to achieve the security that protects them from data modification. Each of the blocks is connected to the previous... 22 July, 2021
digital workspace

Digital Workspace – A Leading Trend of 2021?

In the pandemic time, people’s needs have changed drastically toward digital transformation. As humans are always learning and developing, information is also growing at exponential rates. Therefore, many new technologies and services have been created to meet the majority of needs. So many new definitions have also appeared in the vocabulary. Amongst that is “digital workspace” What is a “digital workspace”? With the rapid growth of workplace today, employees need to be able to use technology to get things done quickly, efficiently, and to the highest standard. Thus, a study by Cisco Connected found that 64% of employees would opt... 22 July, 2021
the-role-of-cloud-service

How Cloud Services Empower Digital Transformation

Cloud services provide an opportunity for businesses to undergo digital transformation, where they provide services, software, apps, processing, or storage through the cloud. Cloud services have brought the revolution to computing, not least through IaaS, PaaS, and especially SaaS, which have enabled businesses to develop virtualized IT infrastructure and deliver software through the cloud, independent of a user’s operating system. The first part of this article aims to pinpoint the meaning of cloud service meaning and what is cloud services platform. Subsequently, cloud service offerings will be listed in the second part as well as which solutions Techvify can deliver... 24 August, 2020