What is Elasticity Of Demand? | Definition, Types And Benefits
Definition: The Elasticity of Demand (EOD) is the substantial change in demand for a product or service in response to an economic factor such as
Category: Technology Trends
100+ Best Business Quotes 2025 Curated for Business Success
Starting a new business venture is not an easy task. It requires a lot of hard work, courage, and dedication. The journey to success is
8 Ways Technology Has Helped Transform the Auto Industry
The Auto Industry has come a long way since its invention in the late 1800s. Early on, cars were costly, and only the wealthy could
Is AI Shaping the Future of ERP Software?
Artificial intelligence is improving and becoming more powerful. Organisations are investing in AI with machine learning and analytics to make business data more useful. It
Top Five Benefits of HCM and ERP Integration
HCM and ERP Integration is the most crucial part of growing a business. But for that, we must first understand what HCM is and how
What is Robotic Process Automation (RPA)?
Summary: Robotic Process Automation (RPA) is the latest technology taking its place in almost all sectors. There is a misconception spreading that RPA will replace human
How the Internet of Things is enabling the next wave of development in the pharma sector?
Summary: The Internet of Things (IoT) has undergone a wave of developments recently. Things are proceeding at a lightning-fast speed, from introducing tiny sensors that
How Data and AI are playing a significant role in transforming the pharmaceutical industry?
Summary: Since time immemorial, humans have been struggling to develop medical cures for different illnesses and infections. In the past, we made use of animal
Impact of Artificial Intelligence on the Automotive Industry
Artificial intelligence (AI) is changing the way we do business and the way we live. It is making breakthroughs every day, from healthcare to finance
Machine Learning: A Quantum Leap towards a Smarter CRM
Though your CRM system might be fulfilling all your customer relationship management needs, you might be amused to know how Machine Learning can add wings