Financial institutions like banks are continuously engaged in the process of creating new records for clients or doing new deals, which generate numerous paper records. These ever increasing piles of documents could prove to be a major concern for banks. Converting...
Maintaining Data Security in the Hospitality Industry – Top Concerns and Strategies
Data security is a pivotal concern for different industries and the hospitality sector is not an exception. Hotels, motels, resorts, and rented apartment complexes all gather, process and electronically store sensitive personal customer data. The existence of multiple...
Eight Ways in Which Big Data Analytics May Impact the Hotel Industry
Nowadays, data has become a crucial element for every single industry. With industries becoming highly data–intensive, emphasis is slowly shifting from data generation to data analysis. Big data analytics refers to the use of advanced techniques to analyze data for...
The Latest Data Entry Trends That Businesses Should Know In 2021
Businesses handle different types of data from various sources in different forms and this information is crucial for market analysis, informed decision-making and to ensure good customer service. Therefore, these datasets need to be stored in a standard format with...
How to Increase Data Security in Telemedicine Services – Key Points
The digital revolution has greatly influenced the healthcare industry as the number of IT systems in healthcare exceeds the number in any other sphere. Everything, right from healthcare IT, telemedicine, analytics to patient numbers have witnessed tremendous growth...
The Game Changing Influence of AI in the Insurance Industry
Regarded as a trending technology story for all industries currently, Artificial Intelligence (AI) is finding its way into every aspect of our lives, with many industries undergoing a drastic digital transformation. Adobe predicts that about 80 percent of all emerging...
Role of Data Virtualization in the Banking Industry – Key Points of Focus
The financial industry is undergoing a massive digital transformation and the banking institutions are no exception to this trend. Facing fierce digital headwinds and pressure to innovate more than virtually any other industry out there, banking institutions are on...
Top 4 Hotel Technology Trends to Watch in 2021
Hospitality is a dynamic industry. The COVID-19 pandemic has hit this industry harder than any other sector. The role of technology in this sector is continuing to expand. Since the hospitality industry is highly competitive, more and more hotel chains are now...
The Role of Virtual Data Room (VDR) in Better Data Management
Managing huge volumes of data can be a major challenge for business organizations operating in diverse sectors. Storing different types of data (like emails, invoices, receipts and other documents) in cabinets and folders and retrieving a file from this huge pile of...
12 Common Data Cleansing Issues That Can Lead to Inaccurate Data
For any business, quality data is important for right decision-making. Data entry errors or missing data can impact the quality of a dataset. Effective data cleansing techniques are available correct any inaccurate data. Professional data entry companies will have...