Tag Archives: Technology

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Tech and Business Outlook: US Confident, European Sentiment Mixed

The VivaTech Confidence Barometer, now in its second edition, reveals strong confidence among tech executives regarding the impact of emerging technologies on business competitiveness, particularly AI, which is expected to have the most significant impact in the near future. Surveying tech leaders from Europe and North America, 81% recognize their companies as competitive internationally, with AI investments set to increase. American and British leaders feel particularly ahead in tech innovation. Despite widespread optimism, concerns persist about privacy, fake news, and environmental impacts. However, technology is also seen as a vital solution to societal challenges, including misinformation and enhancing diversity and inclusion.

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Custom Software Development

There is a wide performance gap between industry-leading companies and other market players. What helps these top businesses outperform their competitors?

McKinsey & Company researchers are confident that these are digital technologies and custom software solutions. Nearly 70% of the top performers develop their proprietary products to differentiate themselves from competitors and drive growth.

As a custom software development agency, we at KnubiSoft have created different types of custom products, from MVPs to enterprise-level software. Based on our experience, tailored solutions always provide higher value than off-the-shelf generic software.

And, to help you navigate the custom software development process, we’ve compiled a collection of essential tips and tricks the KnubiSoft team often uses. But first, let’s start with the basics.

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Custom Software Development

There is a wide performance gap between industry-leading companies and other market players. What helps these top businesses outperform their competitors?

McKinsey & Company researchers are confident that these are digital technologies and custom software solutions. Nearly 70% of the top performers develop their proprietary products to differentiate themselves from competitors and drive growth.

As a custom software development agency, we at KnubiSoft have created different types of custom products, from MVPs to enterprise-level software. Based on our experience, tailored solutions always provide higher value than off-the-shelf generic software.

And, to help you navigate the custom software development process, we’ve compiled a collection of essential tips and tricks the KnubiSoft team often uses. But first, let’s start with the basics.

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Pricing Cutting Won’t Solve the Economic Crisis

In 12 months, the UK will be gearing up for a general election, and the themes that will define it are already emerging. While immigration and the NHS remain key battlegrounds between the parties, one area dominates – the economy. A glance at recent IPSOS polling shows the scale of the problem. Sitting first and third as the most important issues facing Britain today according to voters are inflation and the economy, respectively. Reacting to this, politicians are putting pressure on retailers to cut their prices and introduce reductions. In May, we even heard warnings from The UK Chancellor, threatening new laws to set price caps for essential food items.

Yet while cutting prices can lead to short-term relief, it does not provide the long-term solution that retailers and consumers desperately need.

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The race to dominate the AI space

The launch of Chat GPT-4 in March of this year provided the catalyst for a conversation that has been gaining momentum for some time now: How will artificial intelligence (AI) change the world?

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How connectivity is enabling smart, sustainable utilities

Water. It’s our most precious natural resource and we all need it to survive.
But, climate change means both flooding and water scarcity have presented huge challenges over the past few years. Whether it’s taking steps to improve the UK’s flood defences or becoming more efficient with the way we use water, one thing is clear: we need to act now to protect our environment and natural resources.

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Measuring ROI: Importance, Experiences and Common Pitfalls

Making prudent investment decisions requires an understanding of how each project affects your balance sheet. Gaining a complete understanding of your financial status requires knowing the return on investment (ROI) of your ventures. Investors can utilise this information to make informed investment decisions for future projects, in addition to giving them useful insights into the profitability of present initiatives.

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Measuring ROI: Importance, Experiences and Common Pitfalls

Making prudent investment decisions requires an understanding of how each project affects your balance sheet. Gaining a complete understanding of your financial status requires knowing the return on investment (ROI) of your ventures. Investors can utilise this information to make informed investment decisions for future projects, in addition to giving them useful insights into the profitability of present initiatives.

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BT uses AWS Wavelength for 5G and cloud services

New long-term, multi-million-pound investment gives BT’s UK business customers access to edge computing services – with the first site now live for customer trials in Manchester, before general availability targeted for later this year

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The opportunity to reimagine what work looks like

The upshot is that this new hybrid work norm is really a grand experiment and as a result we’re seeing that while necessary in this moment and even providing benefits for many, is a less-than-ideal solution for everyone.

But at the same time, the old ways of working aren’t either. So, while the pandemic has undoubtedly been disruptive and problematic, it’s also opened a door: a once-in-a-generation opportunity to re-define what work looks like today and for the future, and to align as much as possible employee demands with business requirements.

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