Banking has undergone a significant digital transition, which goes far beyond simply switching from a traditional to a digital environment. To evaluate, connect with, and serve their clients, banks and other financial organizations must use a comprehensive digital transformation plan. Understanding client behavior, preferences, and needs is the first step in the fundamental approach to digitalization in banking and fintech.

Firmware is a code or software on the device that allows and enables the device to perform various tasks. The most common architectures for IoT devices are ARM and MIPS. Firmware provides the necessary instructions on how to communicate with hardware. Firmware is held in non-volatile memory devices such as ROM, EPROM, EEPROM, and code running on embedded devices. Updates to Firmware: Firmware updates are often pushed to fix bugs, roll out new features, or improve security.

Cloud computing is an innovation that has witnessed more tremendous growth than any other emerging technology in the last century in a very short period of time due to the numerous benefits that it offers that every sector and business can take advantage of.

The ever-rising competition in the e-commerce business has put unprecedented pressure on companies to maintain seamless supply chains. Globally, companies spend an average of €300 billion every year on warehouse management, either by outsourcing to a third party or managing in-house. Today’s consumers expect instant delivery of products, and to cater to their demands, companies must optimize end-to-end warehouse management.

One of the technological evolutions that has caught the attention in recent times is Non-Fungible Tokens (NFTs). It has been a phenomenon, with the values of some of the NFTs reaching astronomical heights. It remains to be seen whether this will be a bubble like the Tulip Mania or the Dot Com bubble, or whether it will mature into a viable technological option.