“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.
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?
DataArt, an independent global technology consulting and services company, decided to take an in-depth look at this subject and will be sharing its findings in a series of short articles.
In undertaking the research, DataArt consulted a number of movers and shakers, including insurance industry leaders, cutting-edge technology vendors, and its own subject matter experts. The first article investigates Insurtech.
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.
Virtual Reality (VR) is currently experiencing a rapid ascent in the consumer imagination. After spending the 90’s and the first decade of the 2000’s in the realm of academia and technological experimentation, recent years have seen several tiers of VR technology become available to the general public.
The explosive growth of sports betting continues to rise following last year’s U.S. Supreme Court decision to strike down a federal ban on wagering.
While the broadcasting and sports industries buzz with excitement, how large will the betting market get? Although predictions vary, they all indicate that the increase in gross gaming revenue derived from sports betting shows no signs of slowing down, with Bank of America Merrill Lynch analyst Shaun Kelley stating his expectation for the current size of $200 million to skyrocket to $5-10 billion over the next five years.
Dmitry Bagrov, UK Managing Director of DataArt, spoke earlier this month at an event hosted by the Digital Leadership Forum. The event brought together over 100 digital leaders to explore the topic, “Digital Transformation Success Stories.”
DMEA, formerly known as conhIT, the leading digital health event in Europe, took place on 9-11 April in Berlin. DataArt participated as an exhibitor for the very first time.
Occupying Germany’s biggest exhibition center at Messe Berlin, DMEA exceeded all expectations in terms of turnout, topics covered, workshops and keynote addresses, including a speech by Jens Spahn, Germany’s Minister of Health. Spahn made an appeal for an increase in the pace of development for digital health solutions. The three-day convention attracted around 10,800 visitors, 570 exhibitors and 350 speakers, and served as a platform for digital healthcare.