The coronavirus pandemic has given a huge boost to eCommerce. In 2020, US online sales showed a year-over-year growth rate of 32.4 percent, more than doubling 2019 results. And this trend won’t go away. Most experts agree, that even when COVID-19 is controlled, Internet shopping will continue to increase — though not at such an incredible speed.
People get accustomed to the conveniences of buying things from home: Three out of four Americans want their online orders to be brought right to their doorsteps. This places additional pressure on logistics and especially on its final stage — last mile delivery.
Although carriers can work directly with shippers, they rarely do. Finding customers devours lots of time and money and is especially hard on start-ups. As for shippers, they don’t want to worry about choosing a carrier that meets their budget and time constraints, verifying its reliability, and staying in touch until goods reach the receiver. Both sides prefer to leverage a freight broker as an intermediary.
In this article, we’ll talk about the specifics of the freight brokerage business and detail the software that helps brokers effectively manage freight, invoice shippers, and pay carriers.
Within the supply chain, a freight…
This is a guest article by Inna Shevchenko from iGMS
The COVID-19 pandemic forced many businesses to reassess how they approach their daily operations. The vacation rental industry, in particular, was hit hard by the crisis. Airbnb alone reported a net loss of almost $700 million on revenue of $2.5 billion. As a result, more and more hosts are searching for tools to help reduce expenditure and ways to scale quickly.
Vacation rental software is one such tool that can help hosts and property managers recover from the financial impact and, ultimately, grow their rental business. …
Timely payments from customers are the fuel that keeps any business going. Healthcare providers are no exception, but in their case getting paid is a long multi-step journey with numerous regulations and players involved. While hospitals can’t make this way shorter, they may make it faster — by automating billing operations.
In our article about EHR systems, we described several options with the integrated billing module. This time we’ll review separate solutions that focus on medical billing.
Whether you are a physician running your practice, a hospital executive, or a medical billing company representative, this review will help you investigate…
Every minute Google gets over 70,000 health-related searches. This amounts to 7 percent of Google’s daily queries. In most cases, people try to find out the possible cause of their symptoms and understand what to do next.
Sure thing, neither Google, nor popular online symptom checkers can replace visiting a doctor. However, when embedded into existing health systems and supervised by professionals, pre-diagnostic technologies may deliver a lot of advantages. And first off, they ease the burden on medical personnel — especially important in resource-limited settings and pandemics.
According to IBM, the global volume of data was predicted to reach 35 zettabytes in 2020. Since it increases daily, data scientists expect that the number will hit 175 zettabytes in 2025. Picture this: 35ZB holds approximately 1 trillion hours’ worth of movies. It will take 115 million years to watch all those movies. Those are some impressive figures, aren’t they? Well, there’s something even more impressive about the global data sphere. The prevailing part of data, which is 80 percent or so, is unstructured. This means structured data only has about 20 percent of all generated information.
“War is 90 percent information.”
Some studies show that about half of all Americans make decisions based on their “gut feeling”. Moreover, a lot of famous people are believed to heavily rely on their intuition. Some well-known and widely quoted examples are Albert Einstein saying, “The intuitive mind is a sacred gift,” and Steve Jobs with his “Have the courage to follow your heart and intuition.”
In the era of global digital transformation, the role of data analysis in decision-making increases greatly. Still, today, according to Deloitte research, insight-driven companies are fewer in number than those not using…
Businesses can no longer count on using the same technologies for decades. Hardware and software become obsolete sooner than ever before. So data migration is an unavoidable challenge each company faces once in a while.
Transferring data from one computer environment to another is a time-consuming, multi-step process involving such activities as planning, data profiling, and testing, to name a few. You can read more about it in our previous article Data Migration: Process, Types, and Golden Rules to Follow. …
This is a guest article by Kelly Davidson from Merchant Savvy
Fraud affects all industries. The airline industry is no different.
Over the past two decades, the airline industry — like many others — has become increasingly digital. Last year, according to Amadeus research, almost 40 percent of all tickets were sold online. This makes the industry a perfect target for would-be frauds. In the last ten years, the situation has gotten worse than ever. Between 2011 and 2020 tripled from $9.84 Billion in 2011 to $32.39 in 2020.
If you’ve read an AltexSoft article on revenue integrity in airlines…
Scrum, one of the most popular Agile frameworks, suggests building software in iterations, aka Sprints, which last from two to four weeks. As a result of each Sprint, the team releases a product increment. Added to one another, increments eventually make up a complete software application.
Scrum roles include a Scrum Master, a Product Owner (PO), and a development team. They collaborate with each other through the five formal events: Sprint itself, Sprint Planning, Daily Scrum, Sprint Review, and Sprint Retrospective. However, there’s also another event during the Sprint called Backlog Grooming or Backlog Refinement. …
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