Building a software development team is expensive. But beyond salaries, there are hidden costs that many businesses overlook. Hiring in-house may seem like the safest bet, but it often leads to higher expenses, slower product development, and more management overhead. Let’s look into outsourcing software development benefits over in-house hiring.
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The fintech and health tech industries are poised for transformative growth in 2025, driven by advancements in technology and evolving consumer demands. These sectors, though distinct, share a common trajectory toward innovation, efficiency, and inclusivity. Let’s dive into the most impactful trends shaping the future of these industries.
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In the fast-paced healthtech industry, the pressure to innovate quickly is immense. Startups and established companies alike are racing to bring the next revolutionary health solution to market. In this environment, cutting corners on technology choices is a common occurrence – a practice often referred to as incurring technical debt. But what is technical debt, and why is it particularly costly in the healthtech sector? This blog will dive deep into the concept of technical debt, its implications, and how healthtech companies can mitigate its impact.
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With current market saturation, companies need something more than just a product and technology to make it happen. They need a strategy. Nowadays, everyone with a skill can create an app; it’s not a problem. The real challenge comes from securing the “what’s next” phase. How to run a successful discovery phase? How to use it to draw conclusions for fintech products? Why is UX important in the process, even necessary but often missed? Dive into the article for this and a lot more.
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In the rapidly evolving world of healthcare, technology continues to play a pivotal role in revolutionizing patient care and outcomes. Among the most promising advancements is the integration of AI-driven diagnostics into health tech applications. As a health tech company owner, understanding how to implement AI-driven diagnostics effectively can position your platform at the forefront of the industry, providing cutting-edge solutions that not only improve patient outcomes but also streamline healthcare processes. In this comprehensive guide, we’ll explore the importance of AI-driven diagnostics, the benefits it offers, the key considerations for implementation, and best practices to ensure success.
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The world of clinical research requires innovation, precision, and funding. Lindus Health seems to have it all. The company runs clinical trials and health research for biotech and healthtech startups, so patients can benefit from new treatments. Their software platform lets participants in clinical trials and health research take part from own home, rather than going to healthcare facilities. It’s also known for their recent development: all-in-one medical device CRO.
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The title pretty much says it all. Pear Bio is a company that uses computer vision to help the medical sector and doctors fight cancer. The technology is based on computer vision. Combined with analysis of the patient’s microtumors, Pear Bio is able to recreate core parts of the human tumor microenvironment for accurate lab testing. It’s medtech at its best.
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The healthcare industry suffers from many challenges. Understaffed, with limited budgets and piling up challenges of other nature, the sector is looking for a breakthrough. Well, there might be one but not in the previously mentioned areas. Meet Ecomedic – a company founded to guide medical professionals through sustainability issues.
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Building an application in the fintech and healthtech industries is a complex process influenced by numerous factors. The development timeline for such applications can vary widely based on the project’s scope, complexity, and industry-specific needs. Understanding these factors is crucial for managing expectations, allocating resources effectively, and ensuring a successful product launch. In this blog post, we explore the key factors that influence the time required to build an application in the fintech and healthtech sectors.
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