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The data annotation market is expected to grow at 25.6% for the next five years. The adoption of AI-based services in different domains has contributed to this rise in demand. Many sectors such as healthcare, automobiles, telecom, and e-commerce among others are finding it expedient to collect datasets from different sources and label them based
Lease administration plays a key role in efficiently managing lease portfolios and driving maximum returns. However, despite the high stakes most real estate companies, struggle to streamline lease administration. As a result, even minor errors end up impacting business significantly with companies running into hundreds of thousands of dollars in loss. Financial and operational risks
The hotel industry has always mined data in some form or the other. However, data management has undergone a paradigm shift with the hospitality industry continually looking for ways to realize the potential of big data to their competitive advantage. There is a flux of data that hotels produce across every business operation. Right from
To run a successful business, management needs to continually focus on maximizing sales, streamlining operations, managing employee performance, all the while ensuring cost of doing business is contained. It should not come as a surprise that often lease management therefore takes a back seat, where businesses tend to overlook expenses related to lease apart from
It is no secret that in this day and age, especially taking into consideration the sudden paradigm shift of consumerism, everything is about e-commerce. Why go out when you can shop within the comfort of your homes? Buyers now have a variety of options to choose from with just a click of a button. This
Managing large property portfolios entail a range of tasks that can make property management complex and tedious. Add to that, monthly property accounting and financial reporting can further compound these challenges. With so much at stake, real estate owners and property management companies are increasingly adopting outsourcing as their go-to-strategy for property accounting services to
The business model of sports has changed worldwide. Professional sports bodies are grappling with the issues of falling attendance, viewership and advertising revenues. Even the sporting leagues and their star players are unable to leverage their followers and fan base to turnaround their situation. With the sustainability of this model raising questions, the sporting industry
This is the second part of the two-part blog about CMS Solutions for E-commerce services. (You can read the first part here that talked about other CMS solutions such as Shopify, Magento, BigCommerce, and WooCommerce.) OpenCart OpenCart is a lightweight, open-source CMS platform that is multifunctional, free to use, and upgrade. It has numerous templates
Common area maintenance (CAM) is one of the most contentious clauses in a commercial lease contract. Tenants are mostly on guard regarding the expenses charged under CAM costs. As such the process of reconciling these expenses demand time, meticulous attention, and a thorough understanding of the clause and the type of expenses that can be
Continuing with our series of lease abstraction FAQs we have shortlisted a few more questions that can help better understand the role of lease abstraction and how it can benefit real estate players in driving business, operational, asset, and economic value. Who needs lease abstraction? If you are reading this, you probably are looking to