Digital lending in India is growing at an explosive pace. The market stood at a record USD 270 billion in 2022 and is set to reach USD 350 billion by 2023.Reports show that 52% of Indian adult consumers are active digitally and use fintech.
It’s an axiom of software development that Quality Assurance (QA) is crucial for building good-quality applications. It helps identify bugs that could impact the application's performance and ensures they're resolved before the application is launched.
Did you know? 81% of customers would stop doing business with a brand they loved after as few as two bad customer experiences. This is why enterprises need to keep up with the latest digital customer experience trends.
When is it more cost-effective to fix software bugs – The architecture/ designing stage or the production stage? A much-quoted Forrester report estimates that fixing application issues at the design stage is 10-100 times more cost-efficient than during the production phase.
Rising customer expectations, escalating competitive efforts, rapid digital transformation, and the phenomenal rise of emerging technologies are pushing organisations to move into the age of Quality Assurance 3.0 or Digital Quality Assurance & Engineering.
Regardless of the numerous methodologies, checks, controls, and high level of quality assurance, there are many instances of larger software projects ending up in the graveyard of gigantic failures.
Digital transformation and the cloud have accelerated the demand for online services. Interconnectivity has ensured that this demand could be from anywhere on the globe.
By the year 2024, Web3 technologies are expected to drive business transformation in 45% of all global brands. By the same year, the customer experience (CX) economy will grow to a market value of $300 billion. This suggests that optimum CX is the key driver for brand equity.
Digital transformation has ensured the digitisation and computerisation of all processes in a business. All these processes run on the backbone of technology and its associated infrastructure.
Product companies are today facing stiffer challenges due to rising customer expectations. There is intense competition to deliver high-quality applications in ever-shorter release cycles.
We are now deep into the digital age, and software truly runs the world. As the world of work relies on technology applications for survival, ensuring that these systems perform consistently at all times becomes essential.
As digital transformation sweeps across enterprises, there is an exponential demand for services resulting from that transformation.Logged-in users, customers, vendors, and employees expect much more from the services offered by an enterprise on the various digital channels.
Presently, there are over 20 Fintech unicorns in India. The Fintech sector in India is expected to reach $200 billion in revenue and $1 trillion in throughput by 2030. Funding of Fintech startups tripled in 2021.
The increasing number of infrastructure incidents has made it hard for the IT support teams to respond, close, and manage the tickets on time. This couldn’t have come at a worse time too when you consider how central the IT infrastructure has now become to enterprise performance.
The adoption of digital transformation across the Indian marketplace has accelerated the demand for online financial services, especially in the banking sector.
Those days of waiting in long queues for depositing or withdrawing cash at the banks are becoming a faint memory. Mobile banking is growing steadily in India.
No one will disagree that customer experience is now of paramount importance in an enterprise. All business processes, workflows, and technologies in modern businesses are adopted and implemented, keeping the customer in mind.
Do you know 53% of users uninstall an app if it crashes, freezes, or has errors? 46% of users abandon the app if it takes more than three seconds to load.As more customers depend on applications for everyday tasks, they expect the apps to function smoothly.
Lately, Twitter has been in the limelight for a variety of reasons that no one can say for sure, good or bad! The popular social media company is going through an upheaval which has caused worker layoffs.
At a time when business leaders are focused on strategies to overcome macro challenges like recession and inflation, technical debt is the last thing an enterprise wants to have to worry about.
Application Performance Monitoring (APM) is now crucial for any application in an enterprise. Tracking the relevant data of application performance is essential to understand the true end-user experience and how the application is behaving in a live environment.