According to a report from Business Research Insights1, the global container technology market was valued at USD 496.4 million in 2021 and is expected to reach USD 3123.42 million by 2031, with a compound annual growth rate (CAGR) of 19.8%. Keep your head in the cloud Get the weekly ...
making it easier to provide cloud-based storage solutions to multiple customers. Virtual servers boost efficiency because physical servers typically operate below capacity, which means some of their processing power is wasted.
Customer relationship management (CRM) is a complete software system that manages customer relationships, but it isn't a single solution. To effectively manage, analyze, and improve your customer relationships, you need a comprehensive set of cloud solutions that supports your organization at every cu...
The software testing industry will increase by7% CAGR between 2024 and 2032 from 2023, which will stand at 51.8BN USD. Additionally, Application testing is the major component of software testing that played a crucial role in the market share and accounted for 54% of the total market price in...
What is a CRM system? A CRM system gathers, links, and analyzes all collected customer data, including contact information, interactions with company representatives, purchases, service requests, assets, and quotes/proposals. The system then lets users access that data and understand what happened at...
The smart warehousing market is currently valued at$20.4B USDand is growing rapidly at an annual growth rate (CAGR) of 14.6%. This means the smart warehousing industry is expected to reach $40.5B USD by 2028. The growth of the market can, in part, be attributed to growing numbers of e...
The query processor for a vector database is radically different from the architectures used in traditional relational databases. The efficiency and precision of query processing in vector databases hinge on sophisticated steps, including parsing, optimizing, and executing queries. The CAGRA algorithm is...
The global satellite internet market size is expected to grow at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2030, according to Grand View Research. That growth is being driven in part by Elon Musk’s Starlink, an upstart competitor that already has won over subscribers with...
According to Freightquote.com, there are approximately 25 million containers moved each year by intermodal shipping.5A market research report by Technavio predicts that intermodal freight transportation will grow at acompound annual growth rate (CAGR)of approximately 7% from 2020 to 2024, growing by $...
Gross profit is also generally more controllable. Costs such as utilities, rent, insurance, or supplies are unavoidable and relatively fixed, while gross profit is dictated by net revenue and cost of goods sold. This means a company can strategically adjust more elements of gross profit than it ...