How IT Can Help In Building Sustainable Urban Ecosystems

Back in the early stages of smart city initiatives, we witnessed the pioneering integration of technology aimed at elevating the quality of urban life. According to Statista, the Smart Cities market is expected to witness significant revenue growth, with projected revenue reaching $104.80 billion in 2024. This growth is further expected to continue at a…

  • 19 March 2024
  • 1 minute to read

Forbes: The Ethics Of AI: Balancing Innovation With Responsibility

According to a report by Goldman Sachs, AI has the potential to replace around 300 million full-time jobs. This could involve automating a quarter of work tasks in the U.S. and Europe. This growth can perhaps be connected to the increased understanding of how this technology can be implemented. Artificial Intelligence (AI) stands at the…

  • 9 February 2024
  • 1 minute to read

How Web3 Gaming Is Transforming The Gaming Landscape Through P2E And In-Game Economies

The gaming industry has undergone a remarkable evolution, fundamentally altering the entertainment landscape as we know it. From its humble beginnings as pixelated arcades to the immersive experiences of today, gaming has become a global phenomenon that transcends age, culture, and borders. According to Statista,in 2022, the revenue from the worldwide gaming market was estimated…

  • 27 September 2023
  • 1 minute to read

Forbes: Smart Contracts And Beyond: The Possibilities Of Web3 Entrepreneurship

Welcome to the era of Web3, where the internet is undergoing a revolutionary transformation. As we step into this new digital frontier, traditional notions of centralized control are giving way to a decentralized and transparent ecosystem. Web3, also known as Web 3.0, brings with it the promise of greater autonomy, security, and trust for internet…

  • 20 September 2023
  • 1 minute to read

The Impact Of AR And VR On Customer Experience

“Working in the IT industry for many years has made me consider how technologies are helping to improve the processes of businesses. Some say that technology implementation isn’t worth it, but I believe that we can incorporate the potential of technology into any existing project”…. That’s why it’s so important to see more use cases…

  • 14 April 2023
  • 1 minute to read

Why Do Companies Need Digital Transformation?

Digital transformation has become essential for businesses to remain competitive in today’s ever-changing technological landscape. Working for many years with many diverse clients from very different industries, I continue to see how important it is for businesses to follow new technological trends and embrace digital transformation. While many businesses have already embarked on their digital…

  • 21 March 2023
  • 1 minute to read

Forbes: How To Improve Latency Time For A Better Customer Experience

Latency time is everywhere. It’s basically the time between when a customer performs an action (like clicking a button or swiping their screen) and receives the result created by this action. It’s the same for both websites and mobile apps. Of the 4.5 billion people who used the internet in 2022, 4 billion of them…

  • 6 March 2023
  • 1 minute to read

Forbes: How Audit Services Can Help Prevent ‘Black Swan’ Events

Nassim Taleb said, “Rare events cannot be estimated from empirical observation since they are rare,” and I believe this also applies to IT infrastructure for any kind of business. When you have an issue and don’t know what to do, it’s too late for an audit. An audit is meant to prevent issues that might…

  • 4 November 2022
  • 1 minute to read

Do Conversational AI Systems Understand Humor?

The idea that humans can react with humor to different kinds of situations brings faith and joy for the better future. According to research, 44% of respondents rated humor as important to overall language learning.  Our team has prepared an article dedicated to the humor in AI. You can read the full text in Forbes….

  • 6 September 2022
  • 1 minute to read

How To Bring Gamification Into Your Business

Gamification has different definitions. Mainly it’s an opportunity for people to be motivated by being rewarded for some action.  Today you can see many examples of gamification that are used in the business world. Starting from huge corporations: the system of gamification for employees, ending with conversational agents, like Alexa.  Our team has prepared an…

  • 8 August 2022
  • 1 minute to read
FortySeven - Shoppers Dilemma To Make A Purchase Via Voice Assistant Or By Yourself

Shoppers’ Dilemma: To Make A Purchase Via Voice Assistant (AI) Or By Yourself?

Almost everyday we read the topics on the growth of popularity of implementation of AI, ML among ordinary consumers. Yesterday wasn’t an exception, I found some statistics that according to Statista 21 million US shoppers used their smart speaker to make a purchase in 2019, which was higher at 32,2% in comparison to 2018. It’s…

  • 24 August 2021
  • 2 minutes to read