techahead News

You may have noticed that some of the most irreverent marketing comes out of the insurance world. From Progressive’s famous insurance lady Flo to the GEICO Lizard, Insurance companies give an advertising agency the freedom to push the envelope. Watch an insurance commercial, and you would wonder, who signed off on this communication.

Part of the reason for these uniquely offbeat commercials is that in the insurance industry, it’s a monumental challenge to set yourself apart from your competitors. Progressive vs Liberty Mutual is not the same as Apple vs Samsung.

The urban population increased from 751 million in 1950 to 4.2 billion in 2018, raising the bar continuously for affordable housing, transportation, and utility infrastructure, according to the United Nations. The construction industry seeks new approaches to accelerate development, manage scarce materials, adopt new eco-friendly approaches to respond to new regulations, and build the future of construction with a sustainable engineering mindset.

Digital technology has a vast opportunity to improve the construction process through better integration and enhanced performance. The expectation from Artificial Intelligence, virtual reality, drone technologies, wearable technology, and the Internet of things include raised productivity, shortened development, improved planning and development, and enhanced safety. As a result, construction is interweaved with other sectors such as residential and commercial housing, transportation, energy, water, and industrial companies. The benefits ripple across multiple industries.

Do you want to transform your photos into something extraordinary while on the go? Do you want to have the foresight to a picture-perfect moment? Do you want to display your work for the world’s audience to see? All and more are possible with powerful, yet simple, apps designed to enhance photographs. Here are a few apps to investigate to elevate your photography.

From being a buzzword to changing the way we live, Internet of Things has completely transformed today’s world. From changing the way businesses function to altering our personal lives, IoT is one technology that has made its mark everywhere. In fact, according to Gartner there will be 50 billion IoT devices by 2025. Moreover, as per a report by Fortune Business Insights the global market for IoT, which was valued at $190 billion in 2018, is forecasted to reach $1.11 trillion ($1111.3 billion) by 2026 at a 24.7% compound annual growth rate (CAGR). With the technology growing at an extraordinary pace, companies are also investing heavily in the same, and it is changing the way industries function.

The cleaning industry will reach $6 Billion in 2020, according to Statista. The time is right for a cleaning business owner to dream big plans as the Bureau of Labor Statistics forecasts a growth more rapid than what is expected for other market segments. A cleaning business, whether it covers residential, commercial, or specialty cleaning, needs to enter the third decade of the twenty-first century with the support of mobile digital applications to remain competitive. Apps become essential to run field service management, make it easy to adopt evolving federal and state guidelines for green sustainable cleaning practices, and to ensure that employees remain safe and clients have a positive experience.

Wearables are swiftly becoming a very vital aspect of personal or consumer technology. The intervention of IoT in Healthcare has changed the way we look at our health. Sales revenue from wearable devices is expected to grow from around 16 billion U.S. Dollars in 2016 to about 73 billion U.S. dollars by 2022, a whopping increase of 350%. Collectively with rapidly increasing sales revenue numbers, worldwide shipments for wearables are also expected to skyrocket dramatically in the coming years. As of 2016, Bluetooth headsets were the largest segment of the wearables industry, followed by fitness bands and smartwatches, however by 2021 smartwatches’ position in the market is expected to expand considerably, with projected unit shipments of nearly 81 million.

Worldwide, the use of AI technology is transforming various industries and sectors, and the Insurance sector is one of them. With the rise of the digital economy, insurtech companies aren’t the only ones relying heavily on AI tools and Big Data. Research by Genpact points to around 87% of traditional insurance companies investing over $5 million per year on AI.

Moreover, approximately 82% of the companies were planning to shift their business processes to AI within the next three years. Among the reasons why insurers use AI are for optimizing efficiencies, whether it’s to improve positive customer experience, detect fraud, manage risk or make better underwriting decisions.

On-demand economy is growing at a CAGR of 18.5% since 2015. Its size will increase from $57.5 billion in 2015 to $335 billion in 2025. On-demand economy is made up of activities that collect user requirements online and fulfill them offline. It is an ideal use case for leveraging technology to meet customer requirements.

The belief of people in this relatively new phenomenon of On-demand businesses can be gauged from the fact that 7.6 million people are expected to be working in this economy by 2020 in the US alone.

TikTok has been one of the most talked-about social media apps of recent times and became the topic of conversation for both good and bad reasons alike. For those of you living under a rock, TikTok is a social media app that enables its users to create short videos ranging from lip-syncing to comedies to talent videos, etc. Chinese developer, ByteDance launched the app in 2017 primarily for markets and regions outside of China. TikTok is available both on iOS and Android. As per the app, ‘Our mission is to inspire creativity and bring joy.’

The construction industry is one of the oldest businesses that humans developed. Effectively all other industries rely on the construction to create their infrastructure and architecture. It is a determinant of how and where people live and work. In the United States, on average, people spend approximately 90% of their time indoors, as per EPA Report.

Even after being so vital and impactful in our daily lives, the construction industry has been comparatively slower than various other sectors to embrace modern technology. It is only now beginning to undergo a much-required modern transformation.

Interested in perfecting a glamorous smokey eye for an upcoming special event or even learning how to hydrate your dry skin? Are you ever in desperate need of the perfect edit for a picture you need post-ready for your socials such as Instagram or Facebook? If it’s a yes, look no further! Here is the groundbreaking information about industry-changing beauty applications of 2019.