If there is an industry that has benefited the most from technology advancements in software, it is the medical industry and especially the pharmacy. With the growing trend of online migration and increasing sales, pharmacies require potent management solutions to keep track of the deliveries, stock and staying updated with any regulatory changes.
Some of the top trends in pharmacy management software are listed here.
- Software that derives value out of the data
If you are a single pharmacy or a chain of pharmacy stores, you must be having a tremendous amount of data that is just lying around. This data could be turned out to be very useful for your growth and better branding. The management software embedded with a data analytics program will allow you to make a better decision with all the financial data, customer data, and clinical data you received from every pharmacy unit under your umbrella. The data can help you monitor how your customers are behaving and what changes on your end will impact their buying decisions and effectively bring you closer to manage your stores financially well.
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.
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.
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.
2018 will not be a rosy year for mortgage executives. Over the last few years, the mortgage industry has revived the recession challenges but 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 recession.
Even though there has been a significant increase in the mortgage lenders, the profit margin is lower than what the mortgage executive need to sustain. A plethora of regulatory policies have been implemented to make the sustainability even more difficult.
There are multiple factors that are affecting the profit margins and leading to a compression in the same. Some of them being the regulatory changes and a substantial increase in the 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.
Over the last few years, automation has played a real transformative role in multiple industries. With automatic solutions getting more secure and versatile, the banking industry has also followed down the path and has called upon a suite of changes in the industry.
What changes does automation bring to Banking? Here are some of the points to look out for:
- It brings-forward the power of personalization
Personalized services are becoming very popular in the banking industry. With automated solutions, banking professionals no longer need to sit through to understand the needs of a client. A dedicated software allows customers to directly interact with automated financial advisors that custom builds the products as per their needs.
Data analytics that includes Big Data, Machine Learning, and data science is undergoing a massive revolution. Therefore, it is highly necessary to keep yourself updated with all the latest technologies and plans related to data analytics. To have a deep knowledge of customer performance, presentation of the systems, and the new income opportunities, data analytics strategy will be highly beneficial if it uses some of the latest trends.
Let’s have a look at some of the top data analytics technologies, techniques, and plans that are going to heat up in the coming years:
- Data Gravity will Migrate Rapidly to the Cloud
The year 2018 is one of the tipping points for cloud analytics because of the increasing use of cloud data and applications. Therefore, it is required for most organizations to perform their operations in hybrid mode by utilizing on-evidence and various cloud environments for spreading analytics, data, and applications.
At present, one of the most important technological trends evolving in the software industry is Augmented Reality (AR). Products like Google Glass and visual, head equestrian displays have further proliferated the market demand of AR.
Owing to its demand, one might be curious to know how this augmented reality truly operates. AR works by utilizing and identifying algorithms, which it receives from the vision of a computer to augment visuals, video, sound, and all other sensor dependent inputs over the actual world objects with the help of a user’s camera.
It is one of the fastest growing technologies, slated to reach billions by the end of this year. AR helps users to have a distinct and more interactive world, which blends both real and simulated world together. In addition to these, AR is not limited to only computers and mobile phones, but also other devices as well, thereby providing a pool of users a completely new experience in the digital world.
Let’s dive into how this form of technology can be the game-changer for both engineers and designers:
Automation has engulfed the business landscape. With advancements in technology, robots are getting more and more precise and are approaching human intelligence with cognitive capabilities. Edging automation down this path will augment humans by taking care of tasks that require human judgment or intervention repetitively.
Sounds promising, isn’t it?
Humans are moving closer to a world driven by technology, wherein automation will take care of mundane jobs and humans will be free to do more productive tasks. Machine Learning, Natural Language Processing, and Speech Recognition, collaboratively, define Cognitive Robotic Process Automation.
The applications of Cognitive Robotic Process Automation are quite widespread; let’s dive deep:
Tremendous advantages of Cognitive RPA have been witnessed by various marketing channels. A chatbot is a perfect example of a robot that is capable of answering queries regarding products and services without any human intervention. Voice assistants and recommendation engines have taken marketing to a whole new level where humans do not need to offer suggestions. Robots are able to perform human-like processing of data to assist customers, enabling them to make a choice.
Business intelligence solutions are driven by the urge to serve the customers better. The solutions and trends of business intelligence translate the business data into intelligent insights that chisels out business strategies. These systems will deliver value to the sales, marketing, and development teams.
The business intelligence tools will continue to help businesses predict the outcomes of a campaign, make future forecasts, and render human-like intelligence to their operations.
2017 has witnessed a lot of emphasis on building solutions that drive business in an intelligent manner and we are all set to pave steps into a disruptive business world with the following trends:
- Machine Learning Will Flourish
Have you interacted with an AI-driven Chatbot? It is phenomenal how a software program understands the intent of the customer, derives insights from it, and offers his recommendations. With around 30% of the Chatbot users voting for using Chatbot in case of emergencies, it makes it evident that the customers are ready to board the Machine learning wagon. Influencing the markets and recommending products to users as per their interaction, machine learning is leading into the era of business intelligent tools.
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