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According to MarketsandMarkets research, the conversational AI market size is expected to reach $29.8 billion by 2028, almost tripling its amount from 2023. AI-backed conversational tools are one of the most prevalent healthcare technology trends primarily because they can enhance user experience, engagement, and retention rates, improve accuracy, and reduce human errors – outcomes the healthcare industry urgently needs. For example, Ada Health – a conversational healthcare app – reported 90%

Artificial intelligence has been slowly but steadily working its way into almost every aspect of the healthcare industry. Today, there is no doubt that these technologies are game-changing: AI in healthcare helps discover and test new drugs, spot signs of disease that go unnoticed by humans, and even makes the impossible possible, like enabling remote surgeries. Moreover, AI is an integral part of streamlining day-to-day healthcare-related tasks and thus making the lives of healthcare professi

In Mind Studios’ experience, creating a user-centered design in healthcare is just as critical as assembling a skilled team or raising sufficient funds for the project implementation. Why? Well, simply because it directly influences whether the software will get embraced by patients and medical professionals. No matter how state-of-the-art it is, a healthcare software solution simply won’t stick if it is built in a vacuum, without the involvement of the people for whom it is created in the fir

Artificial Intelligence (AI) becomes more and more of a trend every year. According to IDC, worldwide spending on AI-centered solutions is expected to reach $154 billion by 2024, showing an increase of 26.9% over the amount in 2022. The leader in terms of adoption rates and popularity among AI integrations is an acclaimed ChatGPT made by OpenAI, an American AI research laboratory. The newest release of the GPT-4 model and constant updates of the previous “GPT-n” series models lead to a logical

This year, the market size value of the healthcare IT market reached $192.2 billion, making more and more people wonder whether it’s time to enter the niche and seize some of that profit. To do that on the US market, you need to not only come up with an innovative app idea but also to make sure that your solution will meet the HIPAA compliance software checklist. There are laws of this kind in countries all over the world but in this article, we will specifically focus on HIPAA. HIPAA (Healt

If we had to define artificial intelligence in just one sentence, we would say it is a set of technologies that can take on tasks related to gathering and analyzing data and making decisions based on it. In other words, AI solutions can automate activities that typically require human intelligence. But what does AI for business mean in practice? Maintaining a solid online presence is no longer a competitive advantage, it’s a must. To stay ahead, businesses need to adapt to continuously evolvin

As the software development market continues to grow rapidly and steadily, so do software development costs. In 2022, IT spending on enterprise software worldwide reached around $783 billion, increasing by 7.1% compared to the previous year. In 2023, this spending is forecasted to amount to around $856 billion. This puts a strain on the market. 46% of IT companies in Europe and North America name increases in product costs as one of the main challenges they face when purchasing new hardware

According to statistics from Clutch, 83% of small businesses will maintain or increase their spending on outsourced business services in 2023. And IT outsourcing is among the top three most popular requests, alongside marketing and design. Businesses outsource IT tasks for numerous reasons: to cut costs during times of recession, to focus on strategic goals, and simply because during the pandemic we all learned that managing remote teams efficiently is possible. However, IT outsourcing comes

If your business is in any way connected to information technology and software (and you probably wouldn’t be here reading this if it weren’t) you must have heard of massive layoffs in tech companies in 2022 and 2023. You must have also heard that, contrary to the fact that layoffs took place, there’s actually a shortage of tech talent on the market. One of the solutions for the latter is IT staff augmentation. Mind Studios provides IT personnel augmentation services alongside other cooperat

There are plenty of situations that might require an extended software development team. Tight deadlines, projects that exceed the team’s size, skill gaps, and limited staffing budget can lead to cases when hiring external employees will be the most efficient and cost-savvy solution. Statistics also support this: According to Deloitte’s global outsourcing survey of 2022, 57% of organizations name the overall need to cut costs the primary driver behind using the outsourcing model, while 49% als

There are plenty of metrics for analyzing user engagement. However, you don’t need to track all of them. What user engagement metrics you should track depends on the specifics of your business and the category of your mobile app. Engagement metrics like the number of items added to the cart and the cart abandonment rate are highly relevant for eCommerce mobile apps but completely unusable for news or social media apps. In turn, for social media apps, it’s better to track the amount of time use

In our fast-paced digital era, new trends and technologies are emerging every day, making websites more interactive, fast, and engaging. As a web development company, we’re interested in keeping abreast of these things. MyMP3Pool, a digital music streaming platform for DJs, was suffering from a significant decrease in user traffic when its owner came to us. We completely rebuilt the platform, which skyrocketed user engagement. According to the post-launch poll, 67.9% of MyMP3Pool users were