Yuliia Zhuravlova - ElifTech Insights

Open Banking Challenges and How to Overcome Them

Open banking has been all the hype in the fintech world since the concept was introduced back in 2018. Allowing third parties smooth and secure access to banking data through a set of APIs is actually a great idea. Once you overcome the challenges open banking brings, that is. And

Business Intelligence

From Business Tools to Results: A Guide to Automated Business Intelligence

As you may have guessed, business intelligence is a way for businesses to gain insight into their operations. It's used to help companies make better decisions about their strategies and how they're going to grow. But where to start? Business Intelligence (BI) can be a powerful tool for any business,

Why Your Startup Needs a Delivery Manager

Outsourcing

Why Your Startup Needs a Technology Delivery Manager and How to Choose the Right One

If you are a startup, chances are you're trying to do a lot of things at once. You're probably focused on your product, and you might even be working on hiring some people to help you get it off the ground. When you add in the fact that your company

FinTech

Exploring How Personalized Banking Is Changing the Industry: A $20 Trillion Breakup Opportunity

The world has changed, and so have consumers. Today’s customers demand more personalized experiences when they shop online or in-store, so these companies must deliver on this expectation to stay competitive. The same is valid for banking. The banking industry is ripe for disruption. A growing number of consumers

Custom Software Development

Custom Banking Solutions: Revolutionizing Customer Experience in Finances

Customers are the lifeblood of any business. However, in this digital age, banking customers are becoming increasingly demanding and impatient with their financial needs. The pressure is on banks to provide innovative banking solutions that not only meet customers’ expectations but also exceed them. According to a survey conducted by

Outsourcing

In-house Development Team or Outsourced IT Services: Which Is More Beneficial for Your Business?

It’s a question we hear all the time and one that can be difficult to answer. You may have heard of companies who have outsourced IT departments and others who have brought in-house developers. However, you may not know which is better for your business. With the ever-changing landscape

Everything You Need to Know About Developing Robust IoT Architecture

Tech Guide

Everything You Need to Know about Building a Robust IoT Architecture

Data is driving today's businesses, and the Internet of Things (IoT) is helping to unlock new opportunities for growth and innovation. McKinsey’s study showed that global data witnessed a stunning 7x increase within four years. And as more and more IoT devices enter the market, more businesses acquire a

Custom Software Development

The Future of Custom Automotive Solutions Development: Smartphone-Like Experience and Beyond

The future is here for automotive software. As the software-defined vehicle comes to market, automotive companies must act quickly and decisively if they want to harness its potential. The software-defined vehicle is a disruptive innovation that has the potential to change the automotive industry forever. Like other industries, automotive companies

Healthcare

Healthcare Business Intelligence: The Key to Better Business Decisions

The healthcare industry is one of the most data-driven industries, but it’s often difficult to get that data in a way that provides insights. From tracking patient outcomes to monitoring clinical trials and gathering data from hospital systems, there are an overwhelming number of metrics that need to be

ML

Machine Learning in Ecommerce: How to Boost Your Sales in 2023

ML and AI are here to change the world. These technologies are not just for big tech companies anymore—many businesses are starting to use machine learning and AI in their everyday operations, making them more efficient and effective than ever before. By the end of 2023, artificial intelligence will

IoT

Leveraging an IoT Monitoring System for Your Company

With the surge in energy prices, the rise of inflation, and the COVID-19 recovery, businesses seek resilient strategies to conduct their operations efficiently. Taking care of supply chains, minimizing production costs, and ensuring customer satisfaction might be a tough juggle. Yet, technology arms businesses with new tools that help them

Logistic Tracking System: How to Optimize Your Business Logistics?

Custom Software Development

Logistic Tracking System: How to Optimize and Streamline Your Business Logistics?

Logistic tracking is the only way to ensure your business runs smoothly. It’s essential for e-commerce companies that want to provide the best customer experience possible, but it can be challenging to set up if you don’t know where to start. Customers demand complete and accurate route tracking.

Artificial Intelligence

ElifMail: How Response Generator Powered by ChatGPT Can Benefit Your Email Marketing Efforts

Email marketing is one of the most effective ways to drive sales. And by using a proven email automation strategy, your open and click-through rates can skyrocket. But email automation isn't just about sending emails. It's also about using your data to understand your customers better and giving them the