The insurance industry is going through a challenging phase because of the changing market conditions, tough regulatory norms, and cutthroat competition. To maintain a competitive pricing model that will attract more customers, insurance companies have been utilizing the potential of business outsourcing companies. Apart from reducing the operational expenditures, outsourcing will help to streamline back [...]
The blockchain is a highly secured ledger of digital transactions that are stored on multiple computers in either a public or private network. Once the data is collected and entered into the database, it will undergo processing from there. Considered absolutely safe and tamper proof, it will allow access for the users without compromising the [...]
Optical Character Recognition (OCR) can be employed in automating your document-intensive processes and workflows to optimize productivity and enhance interaction. Digital documentation using OCR will reduce the risks of errors and will easily assimilate information in a very fast manner. How Does OCR Work? OCR works by converting the scanned printed text documents into editable [...]
Edge analytics holds the key to the future of data entry services because the current cloud computing capacity may not be sufficient to tackle the humungous amount of generated then. By the end of 2020, it is estimated that there will be there will be more than 20 billion connected devices across the globe, which [...]