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Global e-commerce sales have seen unprecedented growth fueled by Covid-19 restrictions which are estimated to jump to nearly $26.7 trillion in online sales. This meteoric growth, which continues to accelerate has spurred a massive demand for catalog management solutions and services. According to research, the catalog management system market is expected to grow at 9%
Reference data plays a key role in driving business processes and applications. Businesses across sectors including business and financial service companies, credit rating agencies, technology firms, and data and information service providers, rely heavily on reference data. As such, any faulty reference data or error in data management pose a significant operational and financial threat,
Image annotation is integral to machine learning and artificial intelligence, especially when using computer vision (CV) models. It is the process where images of a particular dataset are labeled to help train a machine learning model. Different image annotation techniques such as polygon annotations and bounding boxes can do this. The benefits and importance of
Lease administration has evolved from being a support function to a more strategic role that allows industry players to optimize lease portfolio performance. An efficiently managed lease administration can help gain complete access to the lease portfolio, improve risk assessment and management, maximize recoveries, and ensure timely accounting and compliance. That said, given the wide
Lease abstraction has emerged to be a critical process in managing lease portfolios efficiently. The summary of important and critical lease terms and clauses and relevant lease data allows property managers and landlords to access lease data quickly. This makes executing lease terms and making informed decisions easy and seamless. With the growing demand for
The rise of online travel aggregators (OTA) has not only disrupted the travel business but also paved a way for a superior and better travel experience. While OTAs capture almost 40% of the market share, it also means the market is super saturated making it aggressively competitive. Rapidly emerging new OTAs and intensifying competition are
Common area maintenance (CAM) reconciliation is one of the most critical tasks of commercial lease administration, which if not done correctly can result in significant losses. CAM reconciliation is a complex, tedious, and time-consuming activity and your team is under constant pressure to get it done accurately and in a timely. This makes the process
Every sport is undergoing a digital transformation with data being used to hyper-quantify every aspect of the business of sports. From athletes’ health and nutrition, performance management, identification of the next star player to fan engagement, marketing, and competitive analysis – everything hinges on the quantity and quality of data. As new rules and methods
The travel business is a lucrative one with scope for aggressive scaling up if you go about it the right way. This is especially true for online travel aggregators (OTA), a segment where there is immense competition and equal number of challenges. The creation and maintenance of a successful business model can be time-consuming. This
As a business owner you are burdened with a slew of responsibilities, one of which is optimizing the cost of doing business. Amongst which maintaining and managing the lease for the business premise ranks top on the priority list. However, given the myriad business and operational demands, it hardly comes as a surprise that some