Whether you are a technology enthusiast or not, you must have heard of the term IoT (Internet of Things)? It is a trend that has caught up to our lives and soon we are going to witness a significant change in using smart devices as they will all be smartly connected.
The prime fuel to the IoT ecosystem is the data from the devices that are being managed by edge analytics. Edge Analytics goes beyond just collecting data from the source of its production and is more about the data being processed so that IoT can use it more effectively for better operations. This collected data is then processed, making IoT independent of internet access at all times.
Hence, effectively, with edge analytics in place, IoT devices can use data every time.
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Incepting out of a reputed family, Microsoft Xamarin has already bagged a good share of 1.12% of the total market share in app development. Even though it is just 2 years old, Xamarin has become a choice for a lot of hybrid app developers. Currently, 40% of the top applications are running on Xamarin making it a highly progressive platform for growth of cross-platform apps.
The unique selling point of Xamarin is that it utilizes local APIs. These APIs make the user interface of the cross-platform apps highly engaging as the ordering is done using the local code. The user interface is a crucial part of the development of a cross-platform app as this is where the user can differentiate it from the native app experience. Xamarin operational excellence in using APIs covers up the existence of a non-native app and makes the user feel as if they are using a native application instead.
There are various other factors that have led to the popularity of Xamarin as a very potent solution, let’s look at the same below:
- Use C++ to Develop Apps on Xamarin
An advantage of Xamarin is that developers need not learn a new language to cover up the app development of Android, iOS, and Windows platform in one go. C++ has remained a highly popular programming language for apps and Xamarin users can harness their existing hold of C++ to develop intuitive and usable apps.
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Visual impressions are everlasting and that is why 2018 is witnessing quite some changes in the graphic design landscape. The core essence of graphic designing is to stay innovative and experiment. It is important to keep up with the trends and that is why this guide brings you the latest designing trends that will garner a lot of attention and create the impressions you desire.
Some of the top graphic designs trends to watch out for include:
- Glitch Art
Art has no limits in terms of its creative bend, and that is when we find a corrupted-looking image making waves in the graphic design world. In this form of design, the original image is physically manipulated using designing software that renders an incredibly distorted look to the image.
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Over the last few years, the mortgage industry has revived the recession challenges. However, the profit margin compression still poses a big challenge to the executives. The interest rates have gone lower than expected and the market has not recovered from the loss it suffered at the time of the recession.
Even though there has been a significant increase in mortgage lenders, the profit margin is lower than what a mortgage player needs to sustain. A plethora of frequently changing regulatory policies is adding to the complexity.
Multiple factors are affecting the profit margins resulting in their compression. Some of them are the regulatory changes that cause a substantial increase in compliance costs. A lot of surveys have been conducted by government bodies to dig out the root causes of profit margin compression leading to the solvency of mortgage executives. Following are two of the major factors identified:
The mortgage industry was hit hard by the recession and has been barely able to revive since then. It was the right step by the government to bring in more stringent policies to control the undesired inflammation in the profit margins that were being enjoyed by mortgage executives. A significant increase in due diligence and technology control over the mortgage workflow has led to a crushing fall in profit margins.
The mortgage industry has become a very competitive field. Despite its downfall during the recession, lenders have been using mortgaging as a potent channel to get loans for personal needs. With the mushrooming growth of mortgage executives, the competition has increased more than ever leading to a demand-supply imbalance, thereby affecting the profit margins negatively.
With opportunities becoming less and the number of executives becoming more, the profit margins had to be decreased to stay in the market. This led to heavy margin compression posing a challenge of existence to striving players.
A sharp decline in the profit margins has led to an operational imbalance and created a challenging situation for mortgage firms. Unfortunately, they are succumbing to the pressure of increasing compliance costs and competition. Hence, it is the right time for mortgage players to embrace technology to scale down the errors that occur in deals and get a cutting-edge advantage over their competitors.
Choose Flatworld Solutions for Cost-effective Mortgage Services
At Flatworld Solutions, we develop solutions and deliver customized services driven by the latest technologies that help executives find potential customers. The solutions are capable enough to drive the entire workflow of a mortgage cycle where the eligibility is verified, a credit score is weighed, and credit reports and credit re-scoring all are handled from a single solution, thereby saving you both time and effort.
As our mortgage executives handle the mundane tasks, you will have ample time to focus on your business and give your competitors a run for the lenders you score.
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