Blog
Blog dedicated to software engineering, fintech, AI, startups and software development outsourcing
March 12, 2024
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...
March 11, 2024
Creating a Data-Driven Culture: Key Advice to Harness Unstructured Data
Data-Driven Ambitions Meet Unstructured Reality Today every enterprise aspires to be “data-driven,” yet 80–90% of new enterprise data is unstructured – think documents, emails,...
March 5, 2024
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. ...
February 27, 2024
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 ...
February 20, 2024
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...
February 6, 2024
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...
January 25, 2024
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...
January 11, 2024
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 ...
December 23, 2023
Top AIoT Applications Transforming Industries in 2024
The convergence of artificial intelligence (AI) with the Internet of Things (IoT), AIoT, is revolutionizing multiple sectors by facilitating more intelligent automation and informed decision-making pr...
December 20, 2023
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...
December 5, 2023
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...
November 28, 2023
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...
November 20, 2023
Machine Learning In a Nutshell: Guide for Business Leaders
All you need to know about machine learning, its types, and approaches.
November 6, 2023
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.
October 31, 2023
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...
October 11, 2023
Insurtech: Key Trends Transforming the Insurance Industry
The insurance sector is undergoing a profound transformation through technology integration, commonly referred to as Insurtech. By combining advanced technologies with traditional insurance practices,...
October 10, 2023
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...
October 1, 2023
Inventory Management Software Development: Best Practices & Key Features
Are you planning to build inventory management software? This article guides you through the entire process, highlighting key benefits, essential features, and the best practices involved in creating ...
September 19, 2023
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 ...
September 15, 2023
Enterprise Data Lake: How It Transforms Big Data Management
An enterprise data lake is a centralized repository that stores vast amounts of raw data in various formats. A cloud data lake offers advantages for enterprise data storage, such as elastic scalabilit...