How to Hire a Fintech Software Company

Are you looking to hire a fintech software company to develop an innovative solution for your business? With so many companies offering different services and packages, it can take time to determine which is the right fit for your needs. In this blog post, we will provide you with the necessary steps to help you find the perfect software company for your project. We will discuss every step, from researching potential companies to negotiating terms and signing a contract.

How does this intro sound to you?

As you know, Devtorium has been working on an AI-powered platform Marquètte, an online content generator that can help copywriters and marketers everywhere. We’re proud to announce our latest update, Content Templates. They are blueprints that allow users to generate specific types of texts optimized for various purposes. At the moment, our primary focus is marketing texts, including:

  • Product descriptions
  • SMM posts/ads
  • Blog posts
  • Quora answers

However, we are expanding our templates library. We already have several options useful for students, such as an online essay generator or a template that can provide you with complex mathematical formulas.

Of course, AI is not as good a writer as a talented and experienced human. However, it’s learning with every iteration, so the quality of the content it can generate constantly increases. Check it out for yourself by reading the post below. Find out how to hire fintech software developers in the words of artificial intelligence.

AI tells you how to hire a fintech software company.

Hiring a Fintech Software Company Step 1: Research the Market

Research potential companies to hire by Googling and reading reviews on specialized websites, like Clutch. Look for companies specializing in fintech software development with a proven track record. Ask for references and get in touch with their former clients to learn more about their experience. Finally, ensure the company you’re considering has the necessary skills and experience to deliver the desired results.

Step 2: Set Your Requirements for a Fintech Software Company

Start by creating a list of criteria for selecting a fintech software development services provider. Consider the company’s size, its experience in the fintech sector, and its portfolio. Additionally, review their customer service policies and pricing structure. Make sure to include its reputation and customer reviews in your considerations. In addition, define your project goals so you can make sure that the fintech software company has the necessary skills stack.

Step 3: Request Quotes from Fintech Software Development Companies

Reach out to potential fintech software development providers and ask for quotes. Make sure to provide them with all the necessary information about your project. Ask for a timeline of when the project will be completed. Compare quotes from different companies and choose the best fit for your needs.

Step 4: Review Fintech Development Projects Portfolios

To select the right fintech software company, compare portfolios from several vendors. Look at their past projects and read reviews from previous clients to get a better idea of their services. Then, ask questions to ensure that the vendor can meet your requirements. Once you have selected the right partner, you can begin the project.

Step 5: Ask for References and Check Fintech Software Company Reviews

Before you hire a fintech software company, ask for references from their previous clients. You should also check online reviews to see what other people say about their services. Make sure to read both positive and negative reviews to get a full picture of their expertise. Finally, ask questions so that you can be sure that the company is the right fit for your project.

Step 6: Negotiate Terms and Agree on a Project Timeline

Once you’ve chosen a fintech software company to work with, it’s important to negotiate terms and agree on a timeline for the project. Discuss the project scope, budget, and timeline in detail before signing any contracts.

Step 7: Sign a contract and begin the project

Once all details with the fintech software development provider are settled, it is time to sign the contract. Make sure all terms and conditions are clear and agreeable before signing. If you don’t have an in-house professional, consider discussing the document with a legal expert before finalizing the deal. Once the contract is signed, you can begin the project.

Bottom Line: Hire Fintech Software Developers You Can Trust

Hiring a fintech software company can be daunting, but with the proper research and criteria, you can make the process much easier. Taking the time to contact potential companies, compare quotes and review portfolios, and ask for references and reviews is essential to finding the right fit. Once you have identified the best candidate, negotiating terms and signing a contract will help ensure that your project runs smoothly and successfully. With these steps in mind, you can find the perfect fintech software company for your needs.

So, what do you say about a post generated by AI?

Does it meet your expectations?

What Is Smoke Testing in Software QA Testing?

Smoke testing is a type of QA testing used to verify if the build is ready for actual testing. Software QA testing is a time-consuming and expensive task, so one has to be sure that it won’t turn into a waste of money if initiated too early. Smoke testing can help with that, as well as identify some nasty issues that must be fixed post haste. However, there are also times when this type of testing can be skipped altogether.

Keep reading to find out all you need to know about smoke testing from Devtorium’s experienced software QA consulting professionals. 

Software QA Testing Types: What Is Smoke Testing?

Smoke QA testing is used to determine whether a system or application is functioning correctly. It is typically the first step in a more comprehensive QA process and is used to quickly identify any major issues with the system before further testing can be conducted. Smoke testing can be beneficial for organizations in several ways.

It’s best to perform this type of software QA testing every time when adding a new feature or updating the app’s functionality. Simply put, whenever the existing build undergoes a change, smoke testing helps ensure that it goes smoothly. It focuses on evaluating the performance of critical functionalities. The next stage after this build assessment is functional QA testing.

Smoke testing in the process of software QA testing

Benefits of Performing Smoke Testing

  • Smoke testing can help save time and money by quickly identifying any major issues with the system. Therefore, it enables software owners to avoid spending resources on more comprehensive QA processes that may not be necessary.
  • This type of software QA testing allows for identifying problems at early stages. In addition, it’s easier and cheaper to fix them this way.
  • Smoke testing takes little time but can be crucial in detecting critical errors. Therefore, it’s a valuable tool for reducing business risks.
  • Adding another software QA testing stage will improve the overall system quality and minimize the risks of new integrations.

Smoke Software QA Testing Process Explained

The process of smoke testing goes like this. First, the development team uploads the new build to the QA environment. Then, the QA team starts their work. Usually, smoke testing is performed manually. However, there are some tools that can automate these processes. The team focuses on testing critical paths to ensure that nothing hampers the overall work of the app. When successful, the team moves on to functional testing.

See the smoke testing cycle in the picture below. Note that if experts detect any issues at this software A testing stage, the process stops until the build is fixed.

Smoke testing cycle.

When, Why, and Who Needs to Conduct Smoke Testing

Due to its numerous advantages and ease of execution, this type of software QA testing can benefit everyone. Smoke testing is cheap and can be performed by developers as well as QAs. Therefore, when applied wisely, it can help software owners save a lot of money.

It’s imperative to understand that this type of assessment is very basic. As it only investigates crucial functionalities, it won’t help you catch minor bugs. Therefore, it can’t replace more advanced software QA testing stages.

However, there is also no need to hire a software QA consulting service to perform smoke testing specifically. When outsourcing your QA, you should invest in services that allow you to get the highest quality of the final product. So, such a basic step as smoke testing should be carried out in-house.

Meanwhile, smoke testing is extensive enough to give you an idea of whether the build is usable overall. Therefore, performing it every time when making any change is imperative. Such an approach will also make it easier for you to monitor the build’s evolution and facilitate corrections.

Due to the simplicity of this step, some businesses and development teams choose to skip it, hoping that all issues are fixed at later software QA testing stages. At Devtorium, we reject this approach because it wastes resources for both the client and the QA team. Instead, we believe that thorough and structured quality assurance testing is vital, so we take the time to ensure the product’s functionality at every step.

How software QA testing is done with smoke testing.

Devtorium Software Product Development Company: 2022 Progress Report

The war in Ukraine, the worldwide COVID-induced supply chain collapse and the global economic crisis are the things that defined the year 2022. Of course, no software product development company remained unaffected by these major factors. As a result, the already competitive industry has become a cutthroat battle for new projects. Devtorium is proud to report that despite all challenges, we are closing the year with new projects, promising negotiations with prospective clients, and mastering innovative technologies.

Devtorium Software Product Development Company: Yearly Report

At Devtorium, we’ve always believed that the true strength of a business is the people. This year provided us with solid proof of that. Our teams turned the trials they faced into opportunities to show their strength of spirit and admirable work ethics. Delivery schedules became the topmost priority for every developer as they refused to get behind on their work regardless of the circumstances.

The results of this dedication and professionalism speak for themselves:

  • Many of our developers work from Ukraine and struggle with disruptions caused by the war. However, wartime challenges didn’t make us lose a single client. We remain firmly within project deadlines regardless of any power outages and missile strikes.
  • We’ve started two new projects in 2022. One is a comprehensive insuretech solution that consists of several products. It’s powered by .NET, React, and PostgreSQL technologies and is completely cloud-based (AWS). Another is a React-powered travel app focused on accessibility.
  • We’ve completed negotiations and will launch two new projects in January 2023. One is a large-scale ad-tech solution powered by .NET and Angular. The other is a verification software product based on Node.js and React.
  • We’ve launched two proprietary products developed by Devtorium teams. Our AI-powered content generation platform Marquètte is currently receiving a big upgrade with the release of the Templates feature. Now it’s even easier for copywriters to use it for creating top-quality original content. Devtorium also used the Bubble no-code platform to develop our own ERP solution. Our HR and recruiting specialists are currently testing it, and developers are improving the solution based on their feedback.

Happy New Year! Devtorium software product development company plans for 2023

Devtorium Software Development Plans & Goals for 2023

Devtorium is always looking into the future as a software product development company. We are implementing innovative technologies in our workflows to achieve better results. Our primary focus for 2023 is AI development.

The company already has experience in creating our AI-powered platform, Marquètte. Working on this project has been both challenging and exciting. Most importantly, it gave us the experience of interacting with AI engines and a better understanding of what we can achieve with this tech.

We plan to further this work next year. At the moment, our company is in the process of negotiations for an auspicious AI project. It could result in the development of an AI-powered chatbot for foreign language learning. The team will be creating it from scratch using GODEL by Microsoft.

We are delighted to share that the company is currently negotiating with several prospective clients. Moreover, our potential projects will engage not only our outstanding developers, Business Analysts, and Project Management specialists. In addition, we have plenty of exciting work planned for our Data Science team.

Also, we keep searching for new opportunities constantly. Our sales and marketing teams are always active, looking for clients both online and offline. In January, our American management representatives will present Devtorium at a big conference in Las Vegas. ASW is one of the foremost hubs for IT service networking, so we look forward to this event’s results.

All in all, our work never stops!

Devtorium is proud of what we have accomplished this year, and we are looking at a brighter future with new opportunities.

We’d like to thank our incredible team. None of it would have been possible without you!

How Artificial Intelligence Software Development Will Transform in 2023

Artificial intelligence software development is the rockstar of 2023. In fact, we could say that it’s the fastest-growing tech in the 21st century. Things can’t be any other way because the world is rapidly spiraling into a crisis of unprecedented proportions. However, various applications of AI can slow, stop, and even reverse this descent. It’s only a matter of targeting AI-driven software development correctly.

We will see it growing in the directions listed below in the upcoming year.

Artificial Intelligence Software Development in 2023: General Outlook

Artificial intelligence software development future trends.

AI for sustainability

According to Gartner, sustainability is the leading trend for all technological development in 2023. Therefore, it’s no surprise that we will see many applications of AI in various sustainability projects.

In this case, the uses of AI are incredibly versatile. We will use AI processing power for calculating and predicting current environmental issues, sustainability rates, and potential project success. AI will also be widely applied in solutions that aim to reduce the carbon footprint of everything from smart homes to manufacturing enterprises.

AI-driven software development in predictive analytics

The artificial intelligence software development sector that creates predictive analytics platforms will keep growing and improving rapidly. It’s because the pandemic and the supply chain crisis it triggered made the global economy extremely volatile.

Therefore, many businesses must rely on predictive data analytics to survive. But, unfortunately, the level of volatility isn’t going to go down soon. So, better data analytics capabilities are a must-have to help businesses deal with disruptions.

Moreover, accurate AI-powered analytics solutions are necessary to monitor businesses in real time. It’s essential to understand how adequate your company’s response to the current situation is. Leaders can use this data for risk management and crisis prevention.

AI-driven software development has unparalleled data analytics capabilities. In addition, the demand from all industries will make this the hottest trend for AI software development companies.

Artificial intelligence software development for automation.

Artificial intelligence software development for automation

One of the most significant issues of the 21st century is the global shortage of workers in many industries. Everyone, from laborers at manufacturing plants to farmers to office workers, seems to be quitting their jobs. Moreover, finding replacements is extremely difficult and prohibitively expensive.

The solution to many labor shortage-related issues is AI automation of multiple tasks. The power of artificial intelligence can be applied everywhere, from HR recruiting research and candidate selection to robotizing manufacturing chains.

In 2023 we will see more AI-driven software development in the areas of automation that include:

  • Chatbots
  • Data processing and analysis
  • Menial jobs automation
  • Data entry and collection

It’s also important to note that automation is geared not only toward substituting for the workers who aren’t there. In addition, it’s an essential tool companies can use to improve the quality of work. Therefore, they can increase employee retention. Today’s qualified professionals don’t want to waste their work hours on mind-numbing repetitive tasks. Therefore, automation that frees your teams’ time for solving high-level problems can bring you a competitive advantage as an employer.

However, there is another side to this issue. The number of specialized workers is decreasing, but the unemployment rate is growing. This situation breeds resentment in certain groups that believe ‘machines are taking away jobs’.

Those same arguments existed during the start of the industrial revolution. As we can see, machines haven’t replaced people then. They simply moved humanity, as a whole, to a new level. It’s the same now. Humans are desperately needed in many industries. However, they need to be better educated and qualified to complete tasks that machines cannot.

Low-code/no-code artificial intelligence software development

There aren’t enough qualified software engineers in the world today. One of the solutions to this issue is the continuing rise of low-code/no-code AI platforms. Not only do they enable experienced professionals to save time. These platforms also allow non-professionals to become developers.

AI is unable to replace developers completely. Also, these platforms require multiple highly skilled and experienced devs to create and maintain. However, despite all this, these platforms can greatly help numerous companies. Right now, they are in high demand among small businesses and startups.

Low-code and no-code tools will continue getting more popular. Using this type of AI-driven software development for further business automation is a fantastic strategy for the coming year. Enterprise-level businesses, in particular, will leverage no-code development to its maximum. This way, they can boost efficiency and cut costs on development.

Artificial intelligence software development for content creation.

AI software development for content creation

According to research, about 30% of all outbound content from large companies and organizations will be AI-generated by 2025. Because the demand for content is enormous, human creators simply cannot keep up with the required speed.

Of course, there is a big part of creative content that AI can’t replace. However, machines can easily handle writing the majority of formal and marketing messages.

Note that this is relevant for all types of content, including videos, images, music, and text. You can check out one of the foremost successful projects that gained popularity in 2022, Midjourney. It’s an extraordinary visual content generator.

Another example is Marquètte, an AI content generator developed by Devtorium. It’s an AI content writer that can create many kinds of texts, from blog posts to essays. It produces original content that can greatly help marketers and copywriters save time.

Artificial intelligence software development for security

The importance of digital security is growing with every passing moment. AI has unparalleled capabilities in identifying and fixing weaknesses and abnormalities. Therefore, it’s no surprise that much of AI’s development trends will lie in the area of cybersecurity.

Solutions that help users take control of their data and protect it from invasion will be as in demand as solid firewalls. Also, solutions that run systems checks and analyses for any threats are already popular and quickly evolving.

AI-driven software development in healthcare

AI software has already transformed the healthcare industry. However, this trend will continue in 2023 and beyond. Enterprise-level systems require AI for better management, especially where complex database and finance management are concerned.

Also, there are AI-powered software solutions for individual healthcare consultations, vitals tracking, etc. All in all, due to its extreme complexity and need for connectivity, the healthcare industry is one of the most lucrative places for AI tech to grow. So, we will keep seeing more developments in this field.

Moreover, we will see a higher level of automation and robotics being applied in healthcare. Already there are successful projects on prosthetics and neurological implants. They can give hope and increase the quality of life for millions of people.

Innovation in artificial intelligence software development.

Computer vision AI development

Computer vision is one of the foremost AI-powered technologies we will see growing in 2023. It is quite widespread already, powering various solutions, from self-driving cars to the aforementioned healthcare apps.

We will see computer vision AI protocols becoming more sophisticated. Therefore, artificial intelligence software development that uses this technology will be capable of completing more tasks with a higher accuracy level.

In addition, this tech’s data analysis and response quality will improve, increasing its applications. This, like nothing else, has the potential to take artificial intelligence software development to the next level quite fast.

Bottom Line: The Time of Artificial Intelligence Software Development Has Come

We live in an era where custom software development can give any business a crucial advantage in a competitive market. The power of AI in this context is staggering. The level of automation it can provide, even at the most basic AI applications, can revolutionize entire industries.

These processes are happening already, and in 2023 the demand for AI-driven software development will only increase. We face multiple problems globally, from the supply chain crisis to the shortage of qualified labor. AI might not be able to solve these issues entirely yet. However, it certainly can help combat them and help businesses survive and prosper in these challenging conditions.

If you are interested in learning more about how AI-powered tech can help you or seek to create your own solution, contact us anytime!

What Is Conversational AI? History of Chatbots

Conversational AI is so much a part of our lives now that we take it for granted. In fact, many people won’t even recognize that they are talking to an AI when interacting with customer support. That’s actually an issue that might cause your sales to drop. We’ll discuss the reasons for it and how to avoid this while getting all chatbot benefits.

It’s vital to remember that technology has undergone a fantastic transformation over the past few decades. Understanding the history of its evolution can help make more accurate predictions about the future of AI. It’s also essential information for those who plan their investments for the upcoming years. So whether you think of it as an investor or as a business owner, putting your money on conversational AI is sure to be a win.

First conversational AI chatbot examples.

History of Conversational AI: First Chatbot Examples

AI technology became a trend only a few years ago. However, the first chatbot was built in 1966. Named ELIZA, this was a rather primitive program compared to our current solutions. Funnily enough, the idea of ELIZA was to simulate a psychotherapist. Its behavior followed the extremely annoying trend of turning every user’s sentence into a question.

Obviously, ELIZA’s ability to communicate was minimal. We assume that the same goes for its proficiency in therapy. However, it was an important step for chatbot technology development.

The next big chatbot project was PARRY, ‘born’ in 1972. This time, conversational AI was simulating a patient suffering from schizophrenia. It performed admirably well as some psychiatrists couldn’t identify it as a machine while ‘talking’ to it. However, PARRY’s actual ‘talking’ ability was also minimal as well.

We can see a trend here. So, when you use a voice assistant or a chatbot support service today, remember that psychiatrists were the first to work with their creation.

From those first attempts, chatbots kept evolving until the rise of the semantic Web 4.0. This technology gave machines the power to understand context, skyrocketing chatbot evolution.

40% of all user interaction with a support service is purely emotional, so your chatbot must be capable of ’emotion’ as well

Can Users Tell a Conversational AI from a Human?

Today, conversational AI chatbots are highly advanced and can emulate human interaction well because of sentiment analysis technology. It’s a recent development, and that’s why conversational AI has made several giant leaps in recent years.

To get some idea of how important this is, you should consider that about 40% of all user interaction with a support service is purely emotional. Chatbots based on repetition couldn’t provide valuable interaction in these situations. However, machine learning and NLP changed this. Now, a chatbot in customer service is capable of identifying and processing emotions and sentiments from the user’s request. Moreover, it’s capable of replying with a degree of simulated emotion. That’s what makes conversational AI appear human.

We must mention, however, that our ability to understand whether we communicate with a human or a machine is limited. For example, the PARRY mentioned above, which was a non-advanced system that didn’t even rely on self-studying AI, could fool certified experts. Five psychiatrists interviewed the chatbot in 1979 using teletype to hide the fact that it was a machine. They were supposed to determine whether it was an AI or a real person with a psychiatric disorder. Only one expert could clearly determine the difference between an AI and a real patient.

Imagine how much harder it would be now, when every AI-powered chatbot in customer service learns and improves with every interaction.

How conversational AI chatbots impact business.

Business Impact of Disclosed and Undisclosed Chatbots

The role of conversational AI chatbots has entirely changed with their integration into popular messaging systems. Many brands launched their chatbots to offer services through such platforms. So, today most people interact with some type of AI-powered support through:

  • Telegram
  • Viber
  • Whatsapp
  • Facebook Messenger

As you know already, conversational AI has been developing to mimic emotional human interaction. Therefore, it’s become hard for people to notice who exactly they are communicating with. Of course, some chatbot services explicitly state they are exactly that. So there is no confusion on the user’s part.

Meanwhile, there are undisclosed conversational AI chatbots. They can achieve fantastic results, especially in sales. Presumably, a chatbot can achieve the level of a specialized shopping assistant. Therefore, it can help retailers increase the number of conversions by providing more personalized top-quality service.

However, should the consumer find out they’ve been interacting with conversational AI during the process, they get upset. As a result, they buy fewer products and might even switch to a different brand.

Apparently, studies indicate that humans consider chatbots to be limited and more ‘primitive’. Therefore, when interacting with disclosed conversational AI chatbots, they use very simple language. Oftentimes, users will bring down the level of their vocabulary when interacting with a program due to their desire ‘to make the machine understand’.

However, humans don’t always do this because they think machines are too primitive to understand human language. The main driving force for this behavior is our understanding that machines are incapable of empathy. At least for the moment, it’s a complete truth. No matter how advanced conversational AI is, it will only mimic human emotion during the conversation.

Is conversational AI alive?

Is Conversational AI ‘Alive’?

Semantic Web 4.0-level technology can identify and interpret human emotion (to some degree) when processing data. Therefore, conversational AI chatbots are capable of interacting with humans more efficiently and appear more alive. So, it’s harder for users to understand if they are dealing with a human or chatbot in customer service. In fact, chatbot help turns out to be about four times more efficient.

However, humans are creatures prone to bias. Thus, as long as we are stuck believing that machines are incapable of understanding and projecting emotion, we will be uncomfortable with them doing it.

As you can see, issues discussed in science fiction novels decades ago have become our reality today. AI chatbots aren’t ‘alive’, but they learned how to mimic humans better. Combined with the outstanding processing power of artificial intelligence, we can expect this technology to become even more helpful and ‘human-like’ soon.

A chatbot is FOUR times more efficient in customer support.

Conversational AI Chatbots Vs. Assistants

Advancements in conversational AI technology mean that its applications are growing. Similar to how computer vision tech goes into everything from self-driving car navigation to facial recognition software, conversational AI helps create different programs.

Of course, the most numerous are AI chatbots, which provide various support and educational services. However, today this technology has become a big part of the rapidly-developing AI-powered virtual assistants industry. Leaders among them are:

  • Siri (Apple)
  • Cortana (Microsoft)
  • Google Assistant
  • Alexa (Amazon)
  • Watson (IBM Cloud)

The difference between conversational AI chatbots and assistants is that while both are conversational interfaces, they fulfill different roles. A chatbot in customer service will answer questions and offer suggestions based on preset parameters. This type of software follows the same pattern when used in education as well. Basically, it’s a machine that provides information based on a prompt from the user.

Meanwhile, virtual AI-powered assistants help you with everyday tasks. Their features are versatile, for example, reminders, to-do list management, search assistance, note-taking, etc. In essence, this solution is your personal secretary. In addition, these assistants can be connected to smart devices and integrated into your IoT network. So, you might be able to manage most of your house through voice commands and your smartphone. That voice command feature is powered by a version of conversational AI.

Although they apply this technology differently, chatbots and virtual assistants run on the same principles of AI tech. Moreover, we can expect both these branches of conversational AI to keep growing at an astounding pace.

Who needs conversational AI today?

Bottom Line: Who Needs Conversational AI Products Today?

To put it simply, every business, both big and small, can benefit from implementing AI chatbots in some processes. They are good for automating routine tasks, like basic consultations and surveys. You can also use them to provide higher-quality customer support. It can be a huge advantage for small businesses, in particular.

Moreover, you can use bots powered by conversational AI for education and onboarding. Therefore, big companies can implement them to increase the productivity and efficiency of their overall operations.

There is no shortage of conversational AI chatbots applications, so you should definitely consider adding them to your business arsenal. Contact the Devtorium AI team to learn how this technology can benefit your business. We can build chatbots from scratch to ensure that the solution is custom-tailored to your needs and can grow and scale up alongside your company.

The Future of Healthcare Software Development

The future of healthcare software development is bright, that’s for sure. Among all the horrors of the COVID pandemic, we’ve seen how the current healthcare system, even in highly developed countries, is far from perfect. In fact, it’s very far from being truly efficient. Moreover, we’ve seen that implementing technology in various healthcare processes can increase that efficiency. In the context of medicine, this means literally saving lives.

According to research published in the International Journal of Health Services, the most common problems highlighted by the pandemic crisis were:

  • Access barriers
  • Lack of control over prices and costs
  • Unsatisfactory quality of services
  • Widespread disparities and marginalization of public health

This research only covered the US. However, these issues are similar for all Western countries. Meanwhile, the situation in developing countries is much worse as people cannot access good healthcare services. It’s because such services do not exist at all or are too poorly developed. Furthermore, the level of digitalization in these parts of the world is also low. Therefore, few residents can make use of technologically-augmented medical services.

In light of this, custom medical software development is an industry that’s growing rapidly. With so many weaknesses exposed, businesses are competing to create solutions that will solve these problems. Meanwhile, other technological projects are also improving medical services in every area.

In this article, we’ll talk about the most remarkable ways of implementing tech in healthcare today.

Telemedicine in healthcare software development.

Leading Trends in Tech and Healthcare Software Development

Telemedicine and remote healthcare services

One of the leading areas of healthcare software development is now focused on telemedicine. The main task is to make medical services accessible to people living in remote and rural areas. Moreover, this type of healthcare became a must-have service under COVID restrictions. People can’t effectively access medical facilities during lockdowns, even if they live in the city. So, it’s imperative to provide everyone with access to healthcare professionals.

Of course, video conferencing solutions, like Zoom or Skype, make it possible for patients to communicate with their doctors remotely. However, a skilled healthcare software development company can take this further, making it possible to bring medical aid where there are no high-speed internet connections and multiple medical professionals available to consult online. In addition, implementing AI in healthcare software development allows for automating preliminary consultations. Therefore, more people can get the help they need.

Personal medical devices

Custom medical software development is also used to create various personal devices that help monitor and assess the patient’s physical condition. The majority of such tools available now are wearable trackers that can measure heart rate, oxygen saturation level, blood pressure, and temperature.

However, more devices are in the works. Currently, several companies are working to create tools that will measure all vitals and other important parameters for patients with chronic diseases. In the future, such monitoring devices will also be able to send a request for help to a medical professional. Also, data collected by them can be used for more efficient diagnostics.

Using AI for healthcare software development.

Healthcare software development based on AI

AI’s data processing, analysis, and automation powers are immense. Therefore, AI-based healthcare solutions can have many applications, for example:

  • Developing personalized treatment plans based on the analysis of multiple data sources.
  • Automation or repetitive, monotonous jobs, like filing and paperwork management, to free up the time of medical personnel.
  • Conducting more in-depth diagnostics using technologies like automated image analysis and classification.
  • Collecting, processing, and managing medical records. It would also be a great help to organize these records into a global network to ensure a traveling person can get the best medical help no matter where they are.
  • Using AI in healthcare software development allows for improving epidemic prevention and management. However, it’s essential to note that such practices as facial recognition, using smart devices to measure body temperature, etc., can be interpreted as widespread surveillance. Therefore, developers and governments need to work closely together to ensure that such measures remain effective without violating the human right to privacy.

Virtual and augmented reality technologies

Combining healthcare software development with VR and AR technologies can produce incredible results. These solutions help with the treatment of severe disorders like PTSD, anxiety, and pain therapy.

There are also some innovative treatments that use this tech in the process of rehabilitation. In particular, they aid in restoring motor skills and even in the treatment of memory loss.

Moreover, surgeons and hospital staff also use various VR solutions to improve their work. For example, ImmersiveTouch and Osso VR tech used for surgical training and education.

Using robotics in healthcare software development

Nanotech and robotics

Technologies that used to exist only on the pages of science fiction novels are reality now. These areas of tech are only starting to develop, but already we can see some incredible robotic prosthetics that change disabled people’s life.

The nanotech industry is slower to develop. However, it has a tremendous potential that researchers recognize. There are already some miniature tools for non-invasive diagnostics and a few basic biosensors.

Meanwhile, robotic healthcare solutions are not restricted to prosthetics only. Today some labs are developing different types of robots that can help disabled people and even become companions for them.

Both nanotech and robotic solutions require extremely careful and innovative healthcare software development. Integrating these tools with AI can truly revolutionize the world as we know it.

The future of healthcare software development is promising.

Healthcare Software Development: Industry Growth

You can be sure that the custom medical software development industry will keep developing rapidly. The pandemic crisis brought some extremely dark revelations regarding our capacity to face medical challenges. Therefore, this field will grow further and attract a stream of funding worldwide.

Healthcare software development offers versatile opportunities for investment. So, if you are interested in a project that’s sure to succeed, this is something to consider. Contact our team to discuss your ideas!

Hiring an IT Security Services Company: Understand Types of IT Security

Hiring an IT security services company is a big responsibility because these people will significantly impact your business. Therefore, you need to do a lot of research beforehand to know exactly what to look for.

Today we will discuss the types of IT security services a business needs. This post will help you understand what to consider from the contractor’s list of services and experience.

If you need a reminder of why investing in cyber security services company matters, remember that companies like Equifax and Yahoo lost over $425 and $117 million, respectively, due to data breaches. The number of cybercrimes and losses they cause is growing exponentially. So, today, cyber security should be the highest priority for any business.

Types of services offered by an IT security services company.

Things to Consider When Hiring an IT Security Services Company

Of course, you want maximum benefit for your money, right?

So, the cyber security services company you hire must offer all types of protections that a business needs. Check out the most critical types of IT security services today:

  • Network security.
    The company you hire must be able to ensure the usability, integrity, and reliability of your entire network. So they do not only protect it from hackers but also prevent problems the users might have accessing the network.
  • Internet security.
    Your IT security company must protect your browsers and web-based apps. Also, you should find out whether they offer training or find it elsewhere. Employee training is an integral part of the complex measures that ensure your online business security.
  • Endpoint security.
    Endpoint security is device protection. Note that this includes not only desktop computers and laptops used in the workplace but also smartphones and tablets. It primarily relies on device management solutions and malware protection.
  • Application security.
    Bear in mind that application security is literally coded in when the app is in development. That said, it’s possible to increase the security of an existing app after evaluating its code and covering vulnerabilities. But it’s always best to have the highest security level from the start.
  • Cloud security.
    Tools used to ensure cloud services security include, but aren’t limited to, Secure Interner Gateways (SIG), cloud-based unified threat management (UTM), and cloud access security broker (CASB).

How to hire an IT security services company: final tips.

How to Hire a Cyber Security Services Company: Other Factors That Matter

When hiring an IT security services company, you need to consider what they can do for you on a broader scale. For example, as a business, you often need to prove that your customers are well-protected. You can do it by displaying certificates from trusted security solutions integrated into your services. In addition, you can educate your clients about the data encryption methods you implement. The security company can provide you with all this.

But businesses dealing with more sensitive data or, for instance, participating in the tendering process need more advanced security verifications. In this case, you can have an IT security services company with an ISO/IEC 27001:2013 Information Security Certificate audit your business. This will allow you to use the internationally-recognized certificate as proof that your company is above reproach. Note that such an audit is a mandatory requirement for some contracts, especially with the government.

Are You Ready to Hire an IT Security Services Company?

You are ready to hire a cyber security services company whenever you even think about starting a business. If you already have a company of your own and no one is providing you with top-notch security services, you are at risk.

Contact Devtorium Information Security Department and arrange an audit right away!

We are an ISO 21007:2013-certified company. Our experts will conduct a detailed audit of all your security systems and protocols and provide a list of suggestions on how to protect your business in the best possible way.

How to See That a UI/UX Design Company Is Really Good

It might seem that choosing a UI/UX design company is straightforward. You just look at their portfolio, and if you like something, you hire them, right? That should be real simple.

However, as it usually is in life, hiring a truly reliable and talented UI/UX design services company isn’t quite that easy.

A portfolio is a significant factor in this process, but it’s not the only thing that marks a great designer. In fact, did you know that to be a high-class professional, a web designer must possess some very specific character traits? Only a few of them have to do with creative talent.

Any UI/UX design services provider must have those qualities in some measure. So if you want to hire a team that can help your business achieve outstanding results, keep reading to learn what you should be looking for.

5 Qualities to Look For in a UI/UX Design Company

An individual UI/UX designer should know their business instruments, such as Figma, Illustrator, and so on. In addition, they have to be creative and understand the trends in UI/UX design. But aside from these professional requirements, they need some personal qualities to fit into this job.

  • Optimism
  • Tenacity
  • Adaptability
  • Emotional intelligence
  • Curiosity
  • Empathy
  • Passion

These are character traits that UI/UX designers need to understand their clients and ‘see’ and share their vision.

Let’s be honest, this kind of creative job can be emotionally draining. So, tenacity, resilience, and adaptability are all qualities that will help the professional to do their job well. They have to emphasize with the client, so they can see the project ‘through their eyes’.

And on a larger scale, a UI/UX design company should also have these traits. However, in this case, the qualities to look for in UI/UX design services providers sound a bit different.

Qualities of a reliable and talented UI/UX design company.

Strong work ethic

Having a strong work ethic for a UI/UX design company means being ready to understand and solve the client’s problems no matter how hard the challenge might seem. Sometimes design discussions are wrought with conflict. Moreover, some people might not be responsible enough to consistently complete their work on time and maintain the desired quality.

Therefore, during the interview, the client needs to discuss things like ‘what’s your protocol for implementing design changes?’. Talking about such things and studying the company’s reviews will help you understand whether the team’s work ethic is good. You should also check out services like Clutch to get more feedback about the company’s services.

High level of UI/UX design company professionalism

No amount of creative talent can offset the lack of professional training for a UI/UX designer. Therefore, you always need to find out what skills the designers have.

Ask about the tools the company uses for work. A skilled UI/UX designer should be a master of multiple solutions.

For wireframes and prototypes, and mockups:

  • Figma
  • Sketch
  • InVision studio
  • Adobe XD
  • Axure
  • Proto.io
  • Framer
  • Marvel
  • Miro
  • FlowMapp
  • Balsamiq

For graphic assets, illustrations, and icons:

  • Adobe Photoshop
  • Adobe Illustrator

In addition, for documentation and presentations:

  • Google suite (Sheets, Docs, Slides)
  • Microsoft Office package (Excel, Word, PowerPoint)

Inquire about seeing samples of the professional’s work in some of these solutions.

Proactivity in everything

The best UI/UX design company should proactively communicate with the client. Let’s face it, the client isn’t a professional and might not know the latest trends and best practices. So, the designers should offer their ideas with examples and explanations of why precisely this way is the best for business.

Well-developed in problem solving

Many unexpected problems can occur with UI/UX design services. That’s why designers must work closely both with the client and developers. They should be proactive in finding solutions or the best way to visualize the ones provided by the development team.

Great at communication

Communication is a crucial skill for designers. In fact, soft skills outweigh hard skills in this profession. As a client, you should talk to the designer and evaluate whether your communication is indeed effective.

  • Does the designer understand your vision?
  • Can you discuss changes or complaints constructively?
  • Does the team understand the ideas you want to communicate the way you need them to?
  • Can you, from your side, understand the designer’s vision and reasoning behind it?

Finding a person that you really enjoy communicating with can be challenging. However, it’s always best to find the UI/UX design services company you just ‘click’ with.

Bottom Line: How to Hire the Best UI/UX Design Company

It might be surprising for some, but communication is the best way to hire a UI/UX design company. Of course, you should look at the designers’ portfolios and inquire about their experience working with your niche.

However, a truly great designer’s strength is thinking outside the box of niche-imposed cliches. So, having experience with multiple industries is a benefit instead of a drawback.

It’s communication that will show whether the company truly has your business’s best interests in mind and whether the team can and will bring your vision to life.

Let’s start with communication! Contact us to schedule a free consultation.

Devtorium SaaS Development Company Gained New Achievement from SuperbCompanies

As a SaaS development company, Devtorium has been working on our proprietary AI-powered platform Marquètte. We’ve been fascinated by the incredible opportunities the marketing software industry presents. So Marquètte is a product that aims to make top-grade marketing services more accessible to everyone. Now we can say that our efforts have been recognized. SuperbCompanies.com, a trusted portal that lists the best IT & marketing companies, included Devtorium in its Top Mobile App Marketing Companies rating for 2022.

We are very proud that Marquètte and Devtorium got this acknowledgment from a highly reputed IT ranking portal.

Devtorium keeps growing and expanding the list of services we offer beyond custom software product development. At the moment, our team includes highly qualified professionals that specialize in the following:

  • Custom Software Development
  • MVP/Product Development
  • Low-Code & No-Code
  • Cloud Migration Consulting
  • Software QA Testing & Automation
  • UI/UX Design
  • Data Science
  • Information Security Services
  • Mobile App Development
  • eCommerce                  
  • SaaS Development

We are working on expanding this list and, of course, developing Marquètte further. At the moment, this is a piece of AI content writing software that can help both professional copywriters and businesses that can’t afford to hire a full-time writer for their content marketing.

However, our plan as a SaaS development company includes expanding this platform to become an intelligent assistant to a business owner or entrepreneur. In the future. Marquètte will help conduct research, generate content, and make business decisions by offering data-powered opinions from AI.

How SaaS Development Company Devtorium Got on SuperbCompanies.com

SuperbCompanies is a service that helps clients find the best providers of IT services worldwide. Professionals working for SuperbCompanies have over ten years of experience, and they spend their days collecting, processing, and analyzing information about various IT service providers.

Their research is extensive as they study every service the company provides. It means that, for example, if the company offers custom mobile app development and UI/UX design, they will investigate both of these services separately. This way, SuperbCompanies can provide customers with the most accurate information about every IT business in their database.

They evaluate IT companies based on such factors as:

  • Quality
  • Market presence
  • Reliability
  • Experience
  • Portfolio
  • Professionalism
  • Customer service
  • Awards
  • Fair pricing
  • Proven customer feedback

Most importantly, SuperbCompanies only the companies that show a high and consistent growth rate. In addition, the research is ongoing, so information is reviewed and updated monthly.

Marquètte currently is Devtorium’s foremost marketing app, but we have plans for many more. We are proud to be recognized by SuperbCompanies. We hope to see more of our services in their Top rankings soon!

Why Invest in Fintech Software Development

Investing in fintech software development may be your shortest way to becoming a millionaire, as this market is growing by roughly 20% a year.

Are you wondering whether the global economic crisis will affect this growth? Or what type of fintech products is the best to invest in?

Today we are answering these and other questions regarding custom fintech solutions.

Fintech Software Development Benefits: Based on Industry Overview

According to data from Adroit Research, the size of the global fintech market has already exceeded $110 billion. It’s expected to be almost $700 billion by 2030 at the rate it’s growing. For business-minded people, that’s all the motivation needed to get into that market as soon as possible.

Of course, not all predictions turn out to be true. Moreover, some skeptics might notice (rightly so!) that the global economy is falling into a recession and that financial markets are volatile. In light of this, such a growth prediction seems too good to be true, right?

You are right. All these factors will definitely affect fintech, as well as every other market. However, some undeniable facts explain why fintech is necessary and will keep growing in demand. Therefore, even if the industry might not extend to $700 billion in a decade, it has an excellent chance of making it to $600 billion. Here’s why:

  • Fintech solutions help businesses reduce costs.
    It’s no secret that cost reduction is a priority for businesses in the current economic circumstances. Some types of fintech software can help manage funds more efficiently and cut costs in different areas of the company’s work. In fact, this specific direction of fintech software development is the most promising for investors.
  • Fintech software can improve risk management.
    Another way to save and safeguard funds for businesses and investors is through specialized fintech products that rely on data and predictive analytics. These custom fintech solutions can advise on the best decisions in volatile currency, crypto, and stock markets.
  • Fintech can facilitate and speed up many business processes.
    Fintech applications development for in-house use can produce solutions that will improve operational efficiency and promote automation.

Types of fintech software development you can invest in.

Fintech Software Development: Types and Ideas

To better understand whether fintech software development is worth investing your money in, you should know what exactly you can create. Below is a list of popular technologies that exist right now. However, if you have an original idea, it might turn into a goldmine.

  • Digital banking.
    Regular banks are trustworthy, but most of their transactions take too long. Digital banking uses various fintech approaches to solve this problem and make transactions secure, instantaneous, and affordable. Note that this type of fintech applications development includes not only digital banks but different variations of payment processing systems.
  • Cryptocurrency.
    Crypto is all the rage now, so custom fintech solutions that make use of this payment technology are getting more popular.
  • Accounting solutions.
    Small businesses and private entrepreneurs are the primary consumers of accounting apps. However, some high-level solutions can be attractive for enterprises as well. This type of fintech covers billing, payroll, invoicing, and other accounting software. In some ways, ERP solutions can also fall into this category, but their functionality is wider.
  • InsureTech.
    Fintech solutions that deal with insurance policies, pensions, and other similar payments are used to process applications and data. This software can make such services more personalized, fair, and reliable. Service providers can also use it for more effective data and document management. For example, insuretech can match doctors with patients, etc.
  • Lending and debt management apps.
    This type of fintech can help find the best loans. However, another idea for such fintech software development is to help people become more financially savvy and manage their personal or business debt.

If you are looking for more inspiration about apps you can invest in, check out our post about AI-powered app ideas.

In Conclusion: Who Should Invest in Fintech Software Development

Even with an untrained eye, it’s easy to see that fintech software development has a lot of investment potential right now. These solutions are versatile, and the demand for high-quality multifunctional cross-platform products is growing.

The niche is filling up with solutions fast, but there is still room for higher-quality specialized products. So if this is the kind of software you want to invest in, set up a free consultation with our developers and let’s talk!

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