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Showing posts from September 20, 2017

FinTech companies enhance service portfolios and quality of service in the network payment services market

It is steadily clear that, entry of FinTech companies enhance service portfolios and quality of service in the network payment services market.
One can also observe that, the market is highly competitive due to the entry of FinTech companies that develop new technologies to enhance service portfolios and quality of service.
“The entry of new suppliers has resulted in the increase of unique products and services as they incorporate innovative technologies such as NFC payment and mobile wallets to manage services efficiently,”says says lead SpendEdge procurement analyst Angad Singh.

Wireless telecom services

Steadily, one can observe that, increase in the number of mobile data subscribers and internet-compatible devices are driving wireless telecom services. In effect, as mobile devices and broadband connectivity have become global necessities, consumer usage patterns are changing rapidly. Wireless telecom companies are looking to expand via alliances and partnerships to expand their capabilities and speed TTM. For many analysts, buyers of wireless telecom services show nearly the same preference towards both the pay-as-you-go and the subscription-based pricing models. However, SpendEdge analysts note that the pay-as-you-go model is slightly more popular as customers need to make payments only for the resources consumed.

Industrial smart sensors

For those who are unfamiliar, industrial smart sensors are used in every phase of manufacturing, which helps in obtaining reliable and accurate real-time data. The industrial smart sensors cover varied applications such as smart cameras, smart helmets used in industries, sensors used in furnaces, and pressurized oil.