Now, when you know the fields, spheres and issues Upplabs can help you with, let’s talk about why your business needs a digital strategy and quality software development.
Digital transformation (DT) is the force that moves the businesses forward. This term means the use of new, fast and frequently changing digital technology to solve problems. Regardless of the industry, DT refers to the process and strategy of using digital technology to change business operations.
Increased technological competition forcing businesses to adopt new technologies and approaches. Over the last decade, you could have witnessed the digitalization of telecom, manufacturing, finance, banking, healthcare, etc. And the volume of changes brought by digitalization is huge!
Digital transformation includes strategy, methods, possibilities, and solutions to support and strengthen your operations.
Many organizations hesitate to invest in digital transformation without being sure if the investment will pay off. However, when done strategically, digital transformation can improve stock prices and revenue in the long run. Over time, as it meant to do, digital transformation can make a large financial impact.
97% of IT decision-makers are talking about the urgent necessity of combining the new technologies to modernize legacy processes and to identify and implement new business model innovation opportunities. For most of the companies, the success of embracing a digital transformation is measured by reaching the improved or new ways of connecting people, gathering data, conducting processes and creating new values for their customers.
Nowadays big companies have already adopted such DT trends like cloud hosting, focus on innovation and personalization, AI, ML, chatbots and other major business development directions.
Read the latest news, case studies and expert opinions.
August 27, 2021
The Internet and the transfer to online businesses contributed to the rapid growth of world trade over the years. Therefore, most financial institutions and payment systems have developed cross-border payments to facilitate and speed up money transactions.
August 12, 2021
The digital innovations take hospitals and medical facilities into a new stage of development. The technologies simplify the daily process and automate the healthcare system. Some medical institutions use ready-made software solutions, others prefer to choose the custom software, depending on the type of institution and the daily tasks needed to be optimized. In this article, […]
August 05, 2021
“Banking is necessary, banks are not,” was once stated by Bill Gates. It is very accurate for online lending, also known as peer-to-peer (P2P) lending, which empowers borrowers and lenders to make money transactions directly via the Internet without using banks or other financial intermediaries. In this article, we will dive into the technical side […]
July 12, 2021
Incorporated in 2014 and based in Harrisburg, Pennsylvania, UppLabs is a FinTech solution provider and software development corporation with a particular focus on Lending Tech.
July 09, 2021
We live in a world where every information is easy to know. Now it’s possible to find out not only where have you been last weekend, but even what’s your name at somebody’s phone. Many may be upset or even annoyed by this fact, but this is only one side of the coin. On the other hand, it allows you to ensure the safety of yourself and your environment.
June 24, 2021
Requirements specification is an important document that should ideally be described for each product. Well-described requirements simplify the work of the entire development team and make the customer happy. It simplifies the understanding of how the product should be implemented and how to properly design the architecture. The ability to write and test requirements well […]
June 11, 2021
Due to the rise of digital platforms, the Banking and Financial industry experience great transformations. One of the biggest trends in the modern economy is the ability to fulfill a transaction between clients and providers directly – the process of Uberization. What does it bring to the end-users and the economy? What are the predictions […]
June 01, 2021
Every day, we witness numerous examples of how digital technologies contribute to peace, human rights, and sustainable development for the benefit of society as a whole. The biggest prospects along with the highest risks digital transformation brings to the financial sector. Digitalization is responsible for the birth of Fintech. But at the same time, it […]
May 20, 2021
Since 2014, UppLabs has been a key resource for such a movement. Our highly experienced team delves deep into our partner’s business needs to bring to fruition a complex digital solution. And now, UppLabs is among TOP Ukrainian Development Companies in Clutch’s 2021 Leader Awards!