Major Challenges and FinTech Trends That Will Dominate 2019

The fintech ecosystem has started to rapidly progress over recent years. Global investments in the financial sector approached almost $40 billion in 2018, which was a huge leap compared to the previous year. According to EY’s report, 33% of clients in 20 different countries use a minimum of two financial services, showing that the demand […]

June 20, 2019

Key Challenges and Digital Advertising Trends to Watch in 2019

In today’s world, where consumers prefer purchasing everything (from clothes to food) online, digital advertising has started significantly overleaping traditional media. eMarketer has reported that in 2019, the total digital ad spending in the US has increased by more than 15% compared to traditional advertising. It is expected that by 2021, the amount of digital […]

June 13, 2019

Whitepaper: Solutions to Cut Costs and Improve Productivity in Logistics

Introduction In 2017, the logistics industry reached $1,171B. This is as much as today’s Indonesia’s and twice as much as Belgium’s GDPs. Additionally, logistics is expected to grow to $1,374B by 2023. Despite intensive development, transportation and logistics (T&L) continue to have low digitization. Only 28% of companies have rated themselves as “advanced” in this […]

May 2, 2019

Major Concerns of Retail Logistics Software

Retail logistics software is a vast topic that can be analyzed as a group of subdomains including but not limited to: Container and pallet loading software Last mile logistics solutions Parcel software This post will cover the challenges facing these three realms, including solutions that already exist as well as logistics management software still lacking […]

April 3, 2019

Whitepaper: Image Recognition to Enhance Warehouse Challenges

Introduction Against the background of ubiquitous automation, some warehouse domains remain only slightly automated. This leads to errors and inefficiencies in warehouse management. This whitepaper focuses on realms that can be enhanced with image recognition. So far, automated systems can distinguish a pattern of loaded packages and send alerts about potential problems. If you’d like […]

March 29, 2019

How Artificial Intelligence, Machine Learning, and Big Data Will Shape Retailing Forever

So far, almost half of all retailers have noticed that artificial intelligence (AI) and machine learning save costs in retailing. In addition, PointSource has detected that the presence of AI leads half of the consumers to make more frequent purchases and 34% of them are ready to spend more money. Gartner predicts that by 2020, […]

January 23, 2019

How Artificial Intelligence Can Improve the Logistics Industry 

For a long time, logistics providers have depended on research and analytics to collect and understand the huge data they collect. But lately, data volumes continue to grow by leaps and bounds, making the old ways of doing business outdated. It is for this reason artificial intelligence is finding numerous applications in logistics industry networks […]

September 4, 2018

Artificial Intelligence in Healthcare: The Revolution Is Here

Artificial intelligence and machine learning are widely adopted across outsourcing companies like Innovecs, logistics, aviation and many other industries. Multiple market predictions prove it is really so. Thus, International Data Corporation (IDC) claims that the AI global spending will increase to 54,2% reaching $19.1 billion in 2018. The funding of artificial intelligence in healthcare has […]

April 30, 2018

Machine Learning in the Supply Chain: The Integrity and Transparency of Marketing Research

Supply Chain is a complex of technologies, processes, and resources (human, time and space) whose purpose is to introduce a certain product into the market. The development of artificial intelligence software can significantly aid the processes of gathering, sorting, and analyzing the data required for marketing research to take place. Being fundamental to the concept […]

February 16, 2018

E-book: Supply Chain Trends + Machine Learning: A Match Made in Heaven

Introduction Machine learning (ML) is called a new logistic trend for a reason. It has a wide range of capacities to address major supply chain issues. The technology is able to revive inefficient data handling methods used by supply chain management systems and reduce business costs. ML can automate processes that used to require a […]

February 2, 2018