“According to BCG, companies that connect AI and digital initiatives are 12 percentage points more likely to see revenue impact, and 20 percentage points more likely to have seen either cost or revenue impact. Companies like Google, Amazon, and Apple, dominate their industries because they were the first to begin building data sets which helped…
Tag: micro-services
Microservices-based applications rely on key-value or NoSQL databases – study
“Nearly half (47%) of microservices applications rely on a database according to study conducted by IDC, with an overwhelming majority of 84% respondents using a Key-value or NoSQL database for their microservices-based applications. According to IDC’s research, 24% of microservice applications are considered to be business-critical, of which, 42% would directly result in revenue loss…
Why Banks Will Need Microservices In The Post-Pandemic World Of Digital Banking
“‘How do you communicate with those same consumers who are now one step removed from you? And when they do come in, how do you accommodate the ‘new normal’ of consumer demand?’ In a hyper-competitive and digital environment, he told PYMNTS, FIs need to partner with additional third parties for “microservices.” ‘Micro applications can quickly…