Today, SaaS businesses are on the rise thanks to their cost-effectiveness and ease of entry. That’s why more and more entrepreneurs are trying to launch new cloud startups. However, very few SaaS startups are successful, statistics show that 92% of them cannot operate for more than 3 years regardless of capital source. So how to […]
“Digital Failure.” – That’s how Mr. Takuya Hirai – Japan’s former Minister of Digital Transformation described the country’s response to the Covid-19 pandemic. Constrained by disparate, unconnected systems, public authorities have struggled to share information between ministries and centrally run cities. Undoubtedly, digital transformation is a top priority for Japanese business leaders amid the country’s […]
DeFi stands for decentralized finance, this is a popular term today, it refers to peer-to-peer financial services on public blockchains, mainly Ethereum. DeFi is completely different from the traditional financial model, in this article, let’s take a deep dive into DeFi with Tech Town. What is Decentralized Finance (DeFi)? DeFi is a financial technology trend […]
Web 3.0 is a relatively recent term, it is the concept of a third generation of internet – a decentralized network where users have full control over their data, personal information and activities. them on the internet. In this article, let’s look back at the Web 1.0 and 2.0 generations with Tech Town and learn […]
Enterprise digital transformation is a popular concept frequently mentioned in the business community, it represents an inevitable development trend of the current economy. In this article, let’s learn about business digital transformation and the importance of this process. What is business digital transformation ? Digital transformation is the application of digital technology to business activities […]
According to the 2020 McKinsey Global Survey on Artificial Intelligence (AI), more than 50% of companies have adopted AI in at least one business unit or function. AI brings them tremendous value, increasing revenue and customer loyalty. The leading AI companies invest at least 20% of their earnings before interest and taxes (EBIT) in AI. […]