Increasing revenue by creating custom data processing solutions

Enterprise software development has evolved tremendously in recent years, with trusted insights forecasting the global market to peak at $181.5 billion by the end of 2023. In this dynamic landscape, Java has emerged as a frontrunner, attesting to its relevance

Over the past years, SaaS (software as a service) has seen significant and rapid growth. With its obvious advantages when it comes to innovation, security, usability, and cost. The SaaS industry is worth about $172 billion (Gartner). Since 2015, the

What is bespoke software? Custom software solutions created from scratch for the needs of a particular business are always unique and specialized. They adapt to existing business processes and allow for the rapid implementation of new ones. There are no

Stripe is the leading global payment processor for internet-based businesses. It’s easy to use, secure and powerful. Stripe integrates with all major eCommerce platforms, so you can easily set up a payment handler for your website. Stripe has been called

There was a time when small businesses did not need to be tech-savvy. However, it is vital that anyone running a small business be as adept at technology as they are a business. Like any business, retail companies must keep

In the past, fintech was an industry that only handled simple financial transactions. Over time, however, it has evolved into a way for businesses to provide their customers with innovative services that fit their lifestyles. There are now hundreds of

Big Data and Data Analytics are critical to modern companies in 2023 as they can enhance decision outcomes for all types of decisions (macro, micro, real-time, cyclical, strategic, tactical, and operational). Also, Data Analytics can help find new and innovative

Business owners no longer run their businesses solely on hunches or gut feelings. Whether small or huge, successful companies now collect and process customer data to analyze market patterns and predict future trends in the industry. They also effectively monitor

It is not easy to understand what will happen in the future, especially when discussing trends in the accounting industry. New technologies in accounting appear, and old ways of doing things become obsolete. Numerous accounting business owners feel the impact

Nowadays, modern technology allows large structured or unstructured data sets to be delivered in near real-time. Although expensive, big data analytics will enable companies to derive practical insights and achieve a competitive advantage. According to Statista, by 2029, the value

In a digital world, a lot of data is required to understand. More than 14 years ago, Clive Humby, a data scientist, said: “Data is the new oil.” As a result, data obsession is all the rage today as companies

During the last few years, more and more businesses have realized the significance of data and its ability to improve all areas of their company, both external and internal. As a result, modern companies need to be data-driven.  “A company’s

Are you a CEO, founder, or tech entrepreneur looking to hire a dedicated backend development team?  Currently, there are over 20 million developers to pick from. However, finding a backend developer for your project is not easy. But what if

According to Statista, Java ranked top 6 for the most used programming languages worldwide with more than 8 million Java developers. While there is an extensive network of Java programmers you can find around, this network is crowded with many

Positive consumer experience is the most valuable thing critical to any business’s longevity. It assists build a brand reputation, enhances a company’s visibility, and boosts customer loyalty, which translates to expanded incomes.  Statistics show that 93% of clients will offer

What is time-series data? With ever-growing amounts and variety of data, any data analysis certainly includes the date-time axis. How many products do I sell today compared to the day before? What is the trend of search terms in Google

Over 60% of the global population uses the Internet, and businesses have caught wind of the vast opportunities. Having a website isn’t enough anymore; businesses want dynamic, responsive, and interactive web apps to deliver their services. The many advantages of

Data is one of the most valuable resources at a business’ disposal. With the proper application, data-driven businesses have experienced quick and stable growth. Data-driven decision-making shows how important it truly is during a crisis. Managing a crisis means informed

Technological progression has completely revolutionized how we approach things in our everyday lives, and it is especially true in the business industry, which felt the most significant impact. Big data is called the “new oil” now, as information is a

Why SaaS Startups Fail? Nowadays, many business owners find profitable the idea of launching their SaaS startups. The software-as-a-service domain is noted for cost-effectiveness and low entry barrier. However, the rate at which start-ups fail has been a concern for

Nowadays, we produce more data daily than ever before, and decision-making is an all-important aspect of business and operations management. While some business people rely on their intuition, savvy entrepreneurs use solid data as a basis. But contrary to popular

The latest POS industry trends that you need to know The POS market has experienced strong growth over the past decade, driven by notable advances in payment technology. Several factors at once, from the ease of use to the growing

Bespoke vs. ready-made software Every business—regardless of size—needs software to manage data, improve customer service, and bolster in-house processes. Various marketplaces offer our customers a stunning range of software products and services. Which to choose? In this article, we share our

When you try to make a decision, whatever your role in an organization, data is part of that effort. If you compare one piece of data to another, you are analyzing it. Every effort to improve that decision will necessarily

Digital transformation and data-driven business The digital business future provides organizations with nearly unlimited possibilities to create business value. Increasingly, data and analytics has become a primary driver of business strategy, and the potential for data-driven business strategies and information products

What are Cloud Services? Cloud services are inextricably linked with our smartphones and office programs, due to which they are rapidly developing, especially in the field of data storage. What categories are Cloud Services divided into? Cloud services are divided

In-House Development Vs Outsourcing – How To Decide? What’s better, in-house development vs outsourcing?  Comparing these two approaches may have started in 1989 when Kodak first gave its software project to 3rd party developers. Up to now, there may not

The development of a new software product is a process that allows you to go from the idea stage to the stage of implementation and launch. At the stage of developing the MVP, an idea is thought out, the concept’s

Startups are always looking for ways to squeeze their budgets and save an extra penny when they can. And when salaries go up as we’ve seen in recent years, outsourcing becomes a favorite option. Today 60% of US companies outsource

What is OpenAPI? OpenAPI is obviously an open standard for describing the REST API protocol. Like any other communication protocol, REST API requires some kind of specification that would act as a source of truth both for the client and

Broscorp created quite a lot of different Lambda functions for different clients. All of them served different purposes but share something in common. As Broscorp has vast experience working with Java, we write and fine-tune Lambda functions in Java. Usually,

Do You Need an MVP?  Many modern technologies have made it much easier to start a business. You now have access to multitudes of IT tools and can take advantage of the application market to grow your business. However, developing

First of all, let’s look at the definition of the data pipeline. The data pipeline is a sequence of data processing steps each going one by one. Every step consumes data from the previous one and feeds the result as

IT outsourcing is a sought-after approach to reducing project expenses, shortening time-to-market for new products and features, and improving business workflows. Over recent years Ukraine has become one of the attractive destinations for IT outsourcing. In this article, we’ll tell

Become a Java Developer We have developed a unique training program to teach our potential employees all the essential skills needed in their everyday job. Such important things like: By doing internships we can always select the most willing and

Blockchain technology is the latest buzz in the world of innovation, with more than 68 million users having active blockchain wallets. This is an exponential growth given that the tech barely had 3.16 million users back in 2015. Although blockchain

Do your marketing efforts pay off? A recent Gartner’s Annual CMO Spend Survey reveals that businesses spent 6.4% of their revenues on marketing in 2021, down from 11% in 2020. One possible reason why companies are reducing their marketing budget

Crypto is arguably one of the fastest-growing technologies currently in terms of consumer and institutional adoption. With average global ownership of 3.9% and over 300 million active users, cryptocurrencies have enormous potential of driving next-gen consumer applications and products. Moreover,

Today, cryptocurrency is deeply entrenched in the market and seen as a full-fledged player in the world of financial technologies. When working with this line, you want to conduct crypto data analysis. Crypto and blockchain analytics is a process of

What Is ETL and How Does It Work? To handle data chaos, we need to clean, sort, and structure data—this process is called ETL (extract, transform, load). If your business generates too much data while you’re struggling to cope with

Business Intelligence installed in an organization facilitates the transformation of raw data into meaningful insights. The organization uses these insights to make decisions about spending, analyze customer behaviour, and determine what products are in demand. The BI collects every data

Corporate Performance Management is an important aspect necessary to optimize business processes and to achieve business goals. This management is not analytical, but operational. A business company uses Corporate Performance Management, or CMP, to set goals, and to find and

As more and more businesses get started with AI and machine learning algorithms, there is a growing request to integrate the results of those algorithms into data visualization tools.  Machine learning brings dramatic change to analyzing business KPI, as it’s

Essential Terms and Their Explanation Before implementing the idea, many people have a different idea of the intended result. The most common terms, in this case, are a MVP (minimum viable product), PoC (Proof of Concept), and Prototype. Let’s try

According to a Thomson Reuters survey, an average bank spends £40 million a year on KYC compliance. KYC stands for know your customer—a mandatory procedure of crucial importance for banks that enables money-laundering prevention and helps limit fraud. It includes

Case Study: Remind me, Doc COVID-19 has changed the world a lot. It changed the way we communicate, forcing us to go all-digital. But the real reason for that is the people’s desire to stay safe, which became especially apparent

Amazon Web Services (AWS) is the most important thing that happened in computer technology since the microprocessor. Over 83% of workloads have been in the cloud as of 2020. Two AWS services are consistently ranked as the most used: Lambda

This post aims to help business people or technical leaders with no business intelligence (BI) expertise understand when to start thinking about bi software and how much it may cost. Here, we will compare a variety of BI tools: Google Data Studio,