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Industry & Technology

IT Outsourcing Industry Statistics: Market Size, Trends and Forecasts for 2021 and beyond

The high demand for developers and IT specialists of various profiles, digital transformation, and technology development makes outsourced software development a popular service for business. This service is highly relevant…

Key Internet of Things Statistics, Facts, and Trends for 2021

Implemented innovative technologies and digitalization increase business efficiency and change the way we work and live. The Internet of Things (IoT) is one of the most promising technologies, due to…

25 Insightful Statistics About Startups for 2021

Technological development, the possibility to outsource projects to remote teams, and extensive use of digital solutions in all areas of our lives have lowered the market entry threshold and result…

Reinventing the Wheel: Impact of Software Solutions on the Automotive Industry

We are now witnessing fundamental changes taking place in the automotive industry. It has become clear that the future of innovations on the market is in technology rather than mechanics….

Baby Tech Industry: Opportunities for Technology Startups

Young families actively use gadgets and software to solve a variety of their tasks. Consequently, the demand for products and services in the Baby Tech category is rapidly growing. We…

Digital Transformation in the Retail Industry: Benefits, Trends, and Prospects

Digital services variety, number, and opportunities are expanding exponentially, and many of them shape consumer preferences and change requirements to retail. The necessary technologies and platforms capable of satisfying almost…

Mobile App Industry Statistics (2021): Downloads, Usage, and Other Facts You Should Know

February 25, 2021

Following the eventful year of 2020, the stay-at-home economy enjoys a boom, and mobile apps have entered the list of the most profitable industries. Social isolation has greatly increased the…

Top 6 Benefits of Using Augmented Reality in Interior Design

February 18, 2021

Augmented reality technology has become a long-expected innovation in architects’ and designers’ work as it allows them to transfer their projects and drawings from a 2D static space into a…

8 Use Cases of Machine Learning in Finance and Fintech

February 04, 2021

Artificial Intelligence and Machine Learning are currently used in a wide variety of activity areas, and several years ago, these technologies started to actively penetrate the financial sector. They have…