Capitalism changed everything. It has changed our lives and the world around us. During the past 100 years, we were able to raise the global GDP by 3000% and improve the living conditions of millions, driving them out of poverty.

The COVID-19 crisis has underscored the urgency of transitioning toward more sustainable solutions across industries on a global scale. Although the conditions for implementing these solutions have been far from ideal this year, there are many examples of businesses and governments doing just that. In some cases, they have even accelerated the process and prioritized going green over other challenges.

Innovation tends to start small: whether at an unassuming start-up, or somewhere on the margins of a well-known company, in its early stages it often doesn’t seem like the next big thing. That’s what makes digital transformation a challenge for the big players: understanding that to transform digitally they might need to start with small changes, such as making teams more agile to enable accelerated reactions to changes in the market. The digital transformation process might not involve fireworks in its early stages, but the organizational changes will bring measurable effects down the road.

3 out of 4 consumers worldwide use at least one fintech platform for payments and money transfers. Almost half of consumers worldwide use an insurance fintech platform. And 88% of global finance leaders are afraid of losing business as a result of technological change. 

The higher education industry has been lagging behind digital transformation and is practically inactive in the movement.  According to a study, only five percent of college budgets were dedicated to IT spending and only one-third of college students in the United States have had some type of online course before the pandemic.

Healthcare technology companies have undoubtedly sprung into the spotlight during the COVID-19 pandemic. With the world almost at a standstill during this ‘new normal,’ medical startups have revingorated the discussion around how modern-day health solutions should look.

Mistakes in the world of UX design can be costly. They may result in failed products, unhappy users, inefficient processes, or frustrated team members. We’ve asked four product design experts and leaders to talk about the most common and dangerous mistakes made in the process of UX design.

Nowadays, with limited movement and a possible extension of the pandemic, people tend to search for remote solutions such as ordering groceries or online medical consultations. In the banking industry, some basic actions have been known for quite some time. We have been able to make transfers or check our account balance for many years now. Nevertheless, convenient online loans were and still are limited and they still require extensive paperwork.

Successful innovation can be a huge challenge – it requires choosing the right approach, balancing a host of moving parts, and effectively clearing blockers. Fortunately, you don’t have to figure it out alone.  

Our smartphones can do more than games and social media. The rapid digitalization drive in the last few years across industries has made mHealth one of the most sought-after sectors in the market.