DataArt Blog

Are you looking for opportunities to utilize the power of big data and machine learning?

DataArt’s experts have interviewed dozens of Strata Data Conference speakers, to understand the latest trends in implementing big data and machine learning within businesses. Read on to discover the insights they shared!

In recent years, compact 3D printers have appeared on the market that are accessible to users with minimal technical knowledge. At first, people used them mainly for printing toys, they weren't overly popular, sales were slow and they disappeared from the shelves. However, thanks to recent breakthroughs, 3D printers are now being used in innovative new ways for a variety of surprising purposes. Nowadays the volume of the global market for 3D products is around $4 billion, but according to McKinsey this could increase to up to $550 billion by 2025.

“In-play is just an incredibly engaging experience. It’s incumbent upon the existing operators to create really exciting new markets to engage the customer.” – Seth Young, Chief Innovations Officer at PointsBet.

Every sports fan knows the thrill of seeing their favorite team steal the lead and win a big game. And those who choose to put their money down on a sports event know the exhilarating feeling that comes from hitting the mark on a bet and taking home some extra cash as an added bonus to the fantastic experience of watching a game. Well, the lucky ones do anyway!

Not everyone gets to attend Money20/20, one of the most prominent fintech and banktech events in the US, but those who can’t go can still unlock the opportunities that will be discussed there. Read on to learn the major trends in finance and banking tech, as shared by Money20/20 speakers, so you can pivot your business in this fast-paced market.

Advances in technology and increased consumer expectations have caused revenue and client satisfaction for the postal and parcel industries (P&P) to drop steadily over the last ten years. For companies, prioritizing e-commerce development to meet the changing demands of their client-base has become the only logical choice. Likewise, in 2020, postal organizations need to embrace flexibility, adaptability, and creativity if they want to remain relevant.

The traditional business model is changing, and for some businesses, it is already unrecognizable. Market players need to identify consumer and market trends early. Going forward, understanding the macro and micro needs of their customers, along with digitalizing their business, will help keep P&P afloat.

Strata Conference is one of the largest big data conferences in the world, and it’s happening in New York City this fall (September 23-26).

What major trends will people be talking about at this conference?

DataArt interviewed five of the announced conference speakers to get their insights on how the latest trends in big data, ML, and cloud-based technologies can disrupt the existing business ecosystem.

Joining forces with hospitality and travel leaders to discuss and analyze the shifts, trends, and future of our industry is one of the best ways to reinvigorate my drive to reach our fullest potential through the application of technological advancements.

Insurtech, digitalization, innovation... These are frequently used buzzwords by carriers, vendors, and consultants over the past few years.

The industry is certainly trying to innovate. For instance, AM Best recently announced it will be attaching an “Innovation Score” to its coming ratings. In addition, Prudential’s acquisition of Assurance this week for $2.5bn shows that investments continue to be made. 

Is the hype deserved? Will the new replace the old? Or, will the legacy structural issues of insurance prevent real change?

The Global Business Travel Association (GBTA) concluded the 51st year of its hotly-anticipated annual convention last week in Chicago. With over 7,000 attendees enjoying the mild summer weather in Illinois, the event featured a range of discussions led by business leaders and celebrities plus more than 170 educational sessions about disruptive technology-driven products and services in the travel and hospitality industries.

Although the concept of “gaming” has existed for a long time, the word “gamification” first gained popularity in 2010 as this pastime became deeply intertwined with technology. In the following years, the idea of applying badges, points, and leaderboards to increase engagement in marketing strategies has exploded. With an estimated 2.2 billion gamers in the world, gamification has grown into an incredibly powerful marketing tool.