Artificial intelligence (AI) has become a cornerstone of modern business strategy. According to recent data, enterprises leveraging AI have witnessed substantial productivity increases. Moreover, the global economic impact of AI is projected to soar to $13 trillion by 2030. For companies venturing into AI, partnering with a dependable AI services firm can pave the way […]
A Proof of Concept (PoC) is a preliminary step in the innovation process where an idea or technology is tested for feasibility in real-world applications. This stage is crucial for validating whether a vision can be turned into a practical solution before significant resources are invested. Once a PoC is successful, startups face critical decisions […]
A Proof of Concept (PoC) is developed early in the product lifecycle, often before securing investment, forming a full team, or establishing a formal business plan. Its primary purpose is to validate the feasibility of a project. This crucial stage helps justify the subsequent investment in design and development, ensuring that resources are allocated to […]
Navigating a successful AI Proof of Concept (PoC) requires strategic planning and adherence to best practices. Implementing AI is not just about deploying new technology; it’s a transformative process that changes how businesses function and achieve market success. More than 56% of business owners are utilizing AI to enhance and optimize their business operations. This […]
When venturing into the startup world, terms like Proof of Concept (PoC), prototype, and Minimum Viable Product (MVP) are more than just buzzwords. In fact, they are the essential building blocks of any successful digital product. More than 70% of projects fail in the product development stage. Therefore, grasping these key concepts is vital in […]
Statistics reveal that a significant proportion of Startups, up to 90%, face failure. Approximately 10% of these Startups cease operations within their inaugural year, while a staggering 70% do not endure beyond their second to fifth years. The primary factors contributing to this high rate of failure include: Creating a Minimum Viable Product (MVP) proves to be […]
Over the past few years, it is very evident that Artificial Intelligence (AI) and Machine Learning (ML) are profoundly influencing the future of businesses. Just as the world has witnessed remarkable advancements in various sectors over the last couple of decades, startups are now experiencing a shift in their operations. Innovation has been the driving […]
Predictions suggest that the artificial intelligence (AI) and machine learning (ML) market is set to grow rapidly, reaching over $407 billion by 2027. This surge underscores the expanding possibilities and widespread adoption of AI & ML technologies. A significant trend is the increasing adoption of AI and ML by businesses, with 64% acknowledging its benefits […]
Bitsol Technologies is participating in Pakistan Azerbaijan Tech Conference being held in Baku on 29-30 September 2022, where we will play our role in bridging the gap between Pakistan and Azerbaijan’s IT industry and contribute to developing a strong business relationship in order to create a better Digital Tomorrow Together. Bitsol Technologies will present the […]
Mobile application type is the first thing you have to decide before the development of the application. When you start choosing the mobile application type for creating a unique and different mobile app, you have a broad range of the options, but you are not sure where to start. You are bombarded with questions such […]