In the era of data advancement, current organizations are looking forward to innovative ways to utilize the potential of their data. Considering these scenarios, Oracle has developed a powerful tool, Oracle Fusion Analytics Warehouse, which has emerged as a game changer for many organizations looking to uncover their data’s capability in an easy and accessible manner.
52% of customers pay more for a product if they anticipate an easy shopping experience – PWC Adyen’s research reveals a $3.3 trillion global opportunity, representing the potential revenue shift from negative to positive shopping experiences for retailers. Businesses that excel in tailoring services to meet customer needs and desires are adept at offering personalized recommendations and support throughout the entire buying journey.
In modern technology, successful digital products and platforms are built on the bedrock of scalability and flexibility. Whether it’s a burgeoning startup or an established enterprise, adapting, growing, and handling increased loads without compromising performance is crucial. Platform engineering stands at the forefront of this paradigm, offering methodologies and frameworks that enable the creation of robust, scalable, and flexible systems capable of meeting evolving demands.
By the term “orchestration,” the first thing that comes to mind is the systematical or automated coordination and management of different components to achieve a particular goal. So, if you think of payment orchestration, it will mean coordinating and managing different payment services, payment methods, payment service providers, payment gateways, payment processors, and payment networks in a systematic and automated way to process payments smoothly, efficiently, and securely.
“Enterprise IT spending is recession-proof as CEOs and CFOs, rather than cutting IT budgets, are increasing spending on digital business initiatives,” said John-David Lovelock, Distinguished VP Analyst at Gartner. While economic turbulence may influence technology investments, it is not expected to significantly impact the overall enterprise technology spending.
As per the Internet World Stats information report, there are 2.4 billion Internet users worldwide. Per the United Nations factsheet on persons with disabilities, around 10 percent of the world’s population has some form of disability, which means more than 27 percent of potential users could have special needs when it comes to accessing the Internet. Accessibility issues can be categorized under four categories.
Medical devices have been used for centuries but are only being regulated recently to ensure patient safety. Every medical device must meet the requirements of the regulations in a country or region before entering the market. Very recently, going digital has changed not only our lifestyles but also the operations of medical devices.
ChatGPT was synonymous with Generative AI some time back, prompting me to explore its impact on the payments industry in a previous blog. However, it’s crucial to acknowledge that Generative AI is the encompassing circle in the Venn diagram, with ChatGPT being one of the circles nested within it. Today, let’s delve into the broader perspective of how Generative AI is poised to revolutionize the payments landscape.
