Blog
Blog dedicated to software engineering, fintech, AI, startups and software development outsourcing
Understanding Data Management in EdTech
According to Yahoo Finance, the EdTech market is anticipated to reach a value of around USD 549.6 Billion by 2033, reflecting significant growth from USD 146.0 Billion in 2023, with a pr...
6 Defining EdTech Trends for 2024 and Onward
The EdTech sector accelerated during the pandemic as educational institutions and L&D organizations rushed to digitize education. However, then came the period of disillusionment among investors. ...
Data Management in FinTech: Challenges and Ways to Overcome Them
FinTech is an industry where data is the main asset that drives informed strategic decisions and fuels growth. From the moment data is collected, it starts its transformative journey from raw numbers ...
The Future of FinTech: 6 Trends Shaping the Financial Services Market
FinTech companies just emerged from an interesting year. Funding volume and deal count have declined since Q3 2022. In the first nine months of 2023, FinTech companies raised $29 billion in 1,655 fund...
6 Common AI Systems Security Risks and Solutions
Artificial intelligence (AI) is entering the era of mainstream. But like any emerging technology, AI carries both benefits and risks. Over 80% of users are worried about the security risks posed...
8allocate 2023 Retrospective: Transforming Disruption into Growth Opportunities
Resilient and determined — that’s how 8allocate teams powered through another challenging year ridden by ongoing geopolitical tensions and economic turbulence. Heightened cybersecurity ris...
The Future of Software Engineering: Predictions for 2024
Since the start of this decade, digital technologies have proven to be a major market force. Cloud computing, data analytics, and artificial intelligence (AI) have already had a substantial impact on ...
Looking Ahead: Main Tech Trends for 2024
Generative AI. Metaverse. Advanced robotics. Blockchain — every year, all of us get bombarded with futuristic tech trends and predictions of yet another “big thing” making a disrupti...
8 Major ESG Trends, Fueled by Emerging Technologies
At the start of the 20th century, the Industrial Revolution transformed how we live and work, accelerating the speed and volume of goods we produce and scientific innovation. In the 21st century...
AI and ESG: A Strong Combination for a Better Tomorrow
Environmental, social, and governance (ESG) is the focal point of attention among business leaders. ESG disclosures are already mandatory for publicly traded companies in a number of countries i...
Machine Learning In a Nutshell: Guide for Business Leaders
All you need to know about machine learning, its types, and approaches.
Why You Should Never Skip The Discovery Phase in Software Development
Let us walk you through all of the Discovery process stages and show what kind of deliverables you should expect at the end of each.
The Guide to Writing Software Requirements Specification
When you have a great product idea or a strong internal driver, it’s tempting to get straight down to action — coding that is. But when you haven’t fully thought through how your app...
Best CEE Countries to Hire Software Engineers: Ukraine, Poland, Romania
One thing remains constant in the current unpredictable business climate: The need for more tech talent. Cloud architects, data engineers, AI developers — companies face talent shortages in almo...
Data Analytics: The Key Technology for Faster Commercial Growth
Whether you look at your bank account balance or scroll through Netflix suggestions, you’re interacting with analytics. Or more precisely: its outputs — the insights. Yet, far fewer ...
How to Develop an Effective Data Management Strategy
Data is ever-present, but its value isn’t. Despite unprecedented data availability (and sometimes because of it), organizations struggle to transform the immense data reserves into actionable in...
What is Data Management? Benefits, Challenges, and Trends
In 2006, British mathematician Clive Humby coined the catchphrase that “data is the new oil”. Similar to crude oil, data in its raw state has almost no value. But when it’s refined, ...
The Impact of AI in EdTech: 7 Market Use Cases
Artificial intelligence (AI) has proven to be a game-changing technology of this century, nipping at every industry. The education sector is no exception. Education is an estimated $6.5 trillion...
AI in FinTech: 7 Use Cases Market Leaders Pursue
The financial sector is on the brink of major transformations as artificial intelligence (AI) technologies continue to proliferate and create new opportunities for value generation. But with the...
How to Find AI Talent to Advance in the Growing Market
The artificial intelligence race is on with almost every industry doubling down on investments in machine learning (ML) and deep learning (DL). That’s no surprise given the estimated economic be...