Why we Expanded our Technology Portfolio?
The ThinkSys growth story is known to a few already. For the longest time, we were known as a QA-focused organization. Over time we added a strong Test Automation thread to that story. Adding new skills and technology areas, the company grew organically and now our several highly-talented engineers provide impeccable service in the field of custom software development, web and mobile app development, Cloud, and a multitude of other software services. As technology continues to become a driver of business transformation, we at ThinkSys strive to meet the end-to-end software development and testing needs of our current client as well as future clients. This meant an expansion of the areas we work in. Here’s what drove out thinking.
The Inclusion of Big Data, IoT, and AI:
For many years, big data, IoT, and AI have been impacting organizations across several industries and applications. Although they have all contributed to businesses in unimaginable ways, it is the convergence of these three powerful technologies that can drive next-generation innovation and transformation: from smart manufacturing to precision surgery, energy automation to smart RFID tags, building automation to smart farming, predictive maintenance systems to chatbots, climate control to intelligent shipment tracking – the things that big data, IoT and AI are helping achieve is incredible! Our customers are also impacted by these technology movements. We started seeing more opportunity to marry these technologies into the solutions we were already providing. It seemed clear, to continue to serve the market we just had to add these three disruptive technologies to our development and testing portfolio to enable our customers to leverage the stunning benefits and experience growth like never before.
1. Big Data:
As technology makes inroads into the business world, the problem of information overload has become rampant. Organizations grappling with massive amounts of data are embracing new strategies such as big data to analyze data and uncover critical insights. According to a report, revenue from big data is expected to reach $210 billion by 2020. We believe that big data has the immense capability in discovering hidden patterns, unknown correlations, customer preferences, and other vital information, enabling organizations to make informed decisions. Our big data services include predictive analytics, data mining, text mining, data optimization, data management, & forecasting that can enable organizations to uncover hidden business opportunities and accelerate business growth. By making smart, data-driven decisions, organizations can identify risks ahead of time and improve operations and risk management.
The explosion of IoT has completely transformed the technology world and is bringing the physical and digital aspects of life closer than ever. The total economic value-add for IoT is expected to reach $1.9 trillion by 2020. IoT is enabling businesses to boost operational efficiency and transform their business models. We at ThinkSys are quite certain IoT has the capability to create a world of opportunities; with a more direct integration of the physical world with the digital, IoT will improve business efficiency and accuracy through more intelligent data capture from the edges and more seamless automation. As IoT makes its way into every sector, we aim to cater to the distinct demands of every commercial enterprise and industry. Our end-to-end customized IoT consulting services and implementation solutions can enable organizations to optimize operations, reduce costs, and achieve revenue goals.
A fundamental shift in business operations is being brought about by AI; according to reports, global spending on AI is expected to reach a whopping $57.6 billion by 2021. Although AI finds great application across industries such as banking, finance, e-commerce, healthcare, and telecommunication, it is reinventing the way goods are manufactured and delivered. The recent proliferation of AI has brought with it a multitude of associated technologies that are enabling organizations to automate processes, improve efficiency and transform businesses. Our foray into AI marks the beginning of our digital journey into advanced AI technologies such as cognitive computing, machine learning, natural language processing, among others. We are already working on solutions that will bring in the required intelligence to improve the speed of processes, reduce errors, and increase accuracy, and precision – thus enabling our clients to be agile, smart and innovative.
Drive Business Value:
At ThinkSys, we believe technology has the power to fuel business transformation. Leveraging our capabilities and knowledge of the latest tools and applications, we offer time-tested and reliable technology services across a comprehensive portfolio of advanced technologies. Our team of experienced and knowledgeable experts make use of the latest strategies and deliver solutions to solve complex business problems. By expanding our technology portfolio and including big data, IoT, and AI into our service offering, we aim to assist businesses in understanding the information contained within large data sets, to automate critical business processes, and enable them to drive substantial business value in all that they do.