The small commercial business is a very active market, with new startups entering the US market every year and more so from the millennial generation. However, as per the Insurance Information Institute, about 40% of small business owners don’t have the right type or amount of insurance. Insurers are coming up with next level of […]
With ever-evolving next-gen technologies, data revolution, and the new mobility patterns such as rideshare, usage-based insurance (UBI) has been in the forefront over the last few years, more so than before. Though telematics has been present in the industry for the past decade, not many insurers had UBI in their priority list of strategic investments. […]
I would like to start by quoting Steve Jobs: “Technology is nothing. What is important is that you have a faith in people, that they are basically good and smart, and if you give them tools, they’ll do wonderful things with them.” With the advent of modern technologies impacting every industry, the travel sector has […]
Ever wondered how Marvel’s superhero, Iron Man, commands his virtual assistant to do work for him? He even instructs his machines to build things. Unbelievably, technology is turning this superhero stuff into a reality! As manufacturers transform themselves from a machine age and information age to big data age, Industry 4.0 is fast becoming a […]
Did you know that by 2026 half of all enterprises’ revenues will come from businesses that haven’t been created yet? We’ve entered an era of accelerated change — one that will be shaped by new business models, products and services, and new revenue streams. To succeed in this new era, companies will have to up […]
The accelerating pace of change in the business world is not only increasing the urgency of digital business transformation — it’s turning that transformation into a continuous, holistic process. In a previous blog, I talked about how LTIMindtree’s unique approach to cloud is helping our customers achieve transformational outcomes to lead in the rapidly accelerating […]
The only “new normal” that’s come out of the past few years is that change is constant. In this continuously evolving global business environment, the ability to adapt to change has moved from a reactive necessity to the essence of business differentiation. The most successful businesses in every sector stand out because they seem to […]
The financial industry has interpreted that Large Financial Organizations cannot fail at any given circumstances. The 2008 financial crisis proved it otherwise, which brought a very severe financial crisis to the world’s financial system. Governments of various countries had to announce bailouts to bring some of the banks and financial institutions out of the crisis. […]
According to a recent survey in the United States of America, 32% of millennials claim that their loan applications have been rejected while applying for mortgages, car loans, credit cards, and other credit-related products. This segment of customers is referred to as ‘Thin-File,’ which means that they do not have adequate credit history to be […]
The Trends in the Hospitality Industry and Strategies to Build Trust and Reignite Growth The hospitality industry faced significant impact and disruption due to the pandemic. Enterprises are forced to re-imagine their business operations and strategies to adopt to the new normal. As a result, organizational priorities today include bringing back the guests to the […]
Introduction The customer of modern times is unpredictable. With plenty of bargains available, customers are spoilt for choices and look around to find the best deal. Their values, preferences, and expectations are neither fixed, nor universal. Customers want authenticity, personalization, zero friction, and on-demand functionality in their shopping experiences. The rise of the intelligent and […]
A content management system (CMS) is a PC framework or an application that permits distributing, altering, or change of content, as well as site support, from a single page. The existing content on the internet comprises HTML, XML, and different reports and media records. This content can be showcased physically by altering and coordinating records […]
